Ripple-linked XRP has crossed the $3 mark for the first time in seven years, driven by unprecedented interest in the derivatives market. Data from CryptoSlate shows that the digital asset spiked by 10% in the last 24 hours to as high as $3.19 at the time of writing. The recent price surge reflects a broader …
Continue reading “XRP futures open interest nears record $8 billion as price breaks $3”
The United States Securities and Exchange Commission (SEC) has submitted its opening brief to challenge a court decision favoring Ripple. In its Jan. 15 filing, the SEC claims that Ripple’s XRP sales to retail buyers should be classified as unregistered securities transactions. According to the SEC: “The district court erred both factually and legally in …
Continue reading “Ripple CEO calls SEC’s appeal ‘insanity’ as legal fight intensifies”
Bitwise Asset Management’s latest report projects Solana (SOL) reaching a price range of $2,318.90 to $6,636.88 by 2030, driven by anticipated growth in daily active addresses and its robust blockchain infrastructure. The analysis applies Metcalfe’s Law to forecast Solana’s network expansion, outlining three scenarios: a bear case with 42.6 million daily active addresses (DAAs) growing …
Continue reading “$2,300 Bitwise predicted bear case for Solana in 5 years, bull case $6,600”
While the trend of corporations warming up to holding bitcoin as a reserve asset is starting to grow in the U.S., three unicorns in Argentina already hold bitcoin in their portfolios. Argentina Embraces Bitcoin in Corporations: Mercado Libre, Globant, and Bitfarms Already Hold BTC While the idea of holding bitcoin as part of cooperative reserves …
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Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil. Nubank Opens Access to USDC Rewards Program Nubank, one of the biggest companies in Latin America and the largest neobank in …
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A Russian national was sentenced to seven years in prison for high treason involving cryptocurrency. The individual repeatedly transferred funds to a unit of the Ukrainian Armed Forces using crypto. Russian National Sentenced to 7 Years in Jail for Using Crypto to Fund Ukrainian Forces One of the first cases involving crypto funding and treason …
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PRESS RELEASE. The future of decentralized finance (DeFi) is here, and it’s called Lightchain AI. With its groundbreaking fusion of blockchain and artificial intelligence, this revolutionary platform is set to shake up the landscape, offering tech enthusiasts and savvy investors an unparalleled opportunity to be part of history in the making. And there’s no better …
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The explosive growth of AI agents demonstrates their rising popularity with their combined appeal of technical innovation and market influence. AI Agents in the Crypto Ecosystem Artificial Intelligence (AI) is becoming a transformative force in the crypto industry, according to Franklin Templeton Digital Assets’ latest report, “The Convergence of Artificial Intelligence Agents and the Cryptocurrency …
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Dubai’s upcoming Crypto Tower will redefine blockchain innovation, offering on-chain transparency, AI-powered solutions, and cutting-edge facilities for Web3 startups and decentralized finance leaders. Dubai’s Crypto Tower: A Revolutionary Hub for Web3 Pioneers and Innovators Dubai Multi Commodities Centre (DMCC) and REIT Development unveiled on Wednesday plans for a pioneering Crypto Tower in Jumeirah Lakes Towers …
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SEC chair warns most crypto tokens lack compliance and face uncertain futures, while bitcoin, compared to gold, stands as a speculative but enduring asset. SEC Chief: Bitcoin Sets the Standard While Crypto Tokens Face Tougher Laws Outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler defended his regulatory stance on cryptocurrency in an interview …
Continue reading “SEC Chief: Bitcoin Clear but 15,000 Crypto Tokens Face Uncertain Fate”
Matt Hougan thinks the burgeoning trend of corporate Bitcoin (BTC) purchases is only beginning. In a new analysis, the chief investment officer of the crypto asset management firm Bitwise predicts that hundreds of companies will add BTC to their corporate treasuries in the next 12–18 months, which he thinks will cause the Bitcoin market to …
What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: …
Bitcoin’s (BTC) latest market correction from its 2024 all-time high (ATH) of over $108,000 reflects a cooling phase but relatively low levels of investor stress indicate the bull market is far from over, according to a recent report by Glassnode. The report highlighted that the number of BTC held at an unrealized loss currently fluctuates …
A new survey reveals that cryptocurrency has surged in popularity among Americans, with 68% now owning cryptocurrencies. Crypto Now Part of Americans’ Investment Portfolios A recent survey reveals that more than half of Americans (52%) have sold traditional assets, such as stocks or gold, to invest in bitcoin. Additionally, one-fifth of U.S. residents allocate over …
Ripple is confident in its legal position as SEC leadership faces criticism for enforcement-heavy policies, with a pro-crypto regulatory shift on the horizon. Ripple: Confident and Thriving as a New Era of Crypto Regulation Dawns Ripple executives have taken aim at U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, criticizing his regulatory approach and …
Continue reading “Ripple Confident in Victory as SEC’s Crypto War Nears Its End”
