Ripple chairman Chris Larsen, along with other business leaders in the US, is reportedly endorsing Democratic nominee Kamala Harris for president. According to a new report by CNBC, Larsen is endorsing Harris over former president Donald Trump alongside 87 other current and former corporate executives. The CEOs reportedly prefer Harris because with her at the …
Monthly archives: September 2024
Bitcoin ‘could very well catch fire’ as next generation of investors mature
Economist and podcast host Suze Orman is bullish on Bitcoin, but says ETFs are the way to go.
Bitcoin range recovery could boost UNI, SUI, OP and HNT
Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.
Elon Musk: ‘first Starships to Mars will launch in 2 years’
He says crewed missions will begin within 4-6 years depending on whether certain economic and technological challenges can be overcome.
Judge Partially Grants Coinbase Motion in Compelling SEC To Produce Key Documents, Cites Ripple Case in Order
A judge is partially granting a motion by Coinbase that would force the U.S. Securities and Exchange Commission (SEC) to produce critical documents. Last month, Coinbase filed the motion to procure the documents related to its previous communication with crypto issuers because they believe the regulatory body’s enforcement actions have been inconsistent. The SEC first …
Crypto Markets Forming Huge Bear Trap Before Ascent Into Euphoria, According to Crypto Analyst
Pseudonymous crypto analyst TechDev says that Bitcoin (BTC) and digital assets are in the middle of a massive bear trap before the next leg up. TechDev shares a chart with his 467,000 followers on the social media platform X that suggests Bitcoin’s market cycles happen in a series of stages starting with “accumulation” and ending …
Musk denies that Tesla will license xAI’s technology in exchange for revenue-sharing
Tesla CEO Elon Musk’s artificial intelligence (AI) startup xAI will not be licensing out its technology to the carmaker, Musk noted in an X post on Sunday. His post refuted a Wall Street Journal article published on Sept. 7, which claimed that the two companies owned by Musk had chalked out a deal. WSJ’s claims …
Coinbase scores partial victory in legal battle against the SEC
Crypto exchange Coinbase secured a partial victory in federal court this week in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In a filing dated Sept. 5, the US District Court for the Southern District of New York, Judge Katherine Failla partially granted Coinbase’s motion to compel the SEC to hand …
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Corporate Bitcoin Adoption Surges in 2024, River Report Reveals
Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role of bitcoin in business treasuries, offering insights into key trends and future projections. Corporate Interest in Bitcoin Spikes, U.S. Companies Dominate Holdings River’s report indicates …
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CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC …
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Vitalik Buterin Responds to Rumored Sales, Reaffirms Commitment to Ethereum and Charitable Causes
After some activity was noticed from wallets linked to Vitalik Buterin, co-founder of Ethereum, he took to the social media platform X to clarify the situation. He stated that all his token sales were meant to “support various projects.” Buterin added that any ERC20 tokens gifted to him would go toward “public goods within the …
Political Meme Coin Economy Shrinks by $420M as US Election Nears
As the U.S. election draws closer, the top political meme tokens by market cap have seen a combined $420 million vanish over the past 96 days. Back on June 3, maga (TRUMP), a meme coin themed after the 45th U.S. President, Donald Trump, reigned supreme. Fast forward, and it has lost its crown to constitutiondao …
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Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in Review
Data highlighted the dominance of the top 10 layer one blockchains, collectively valued at $1.66 trillion. In Russia, financial analyst Vladislav Antonov projected growth for the Hamster Kombat token post-airdrop. Meanwhile, China and Russia’s payment flows are under strain due to new sanctions targeting Chinese firms aiding Russia’s war effort. India’s HDFC Bank introduced enhanced …
Telegram clicker game Catizen reaches 800K paying users in first 6 months
The firm claims to have 30M total users and the top revenue spot among Telegram apps.
Bitcoin analyst sees ‘biggest bull cycle’ with $45K now BTC price floor
BTC price is due some “final corrections” before going on a bull run lasting at least two years, says crypto entrepreneur Michaël van de Poppe.