The race on who gets to represent Massachusetts at Capitol Hill is kicking off to a competitive start as top crypto leaders have placed their bet on pro-XRP lawyer John Deaton. This support is showcased by how Deaton has outraised cryptocurrency adversary and incumbent Senator Elizabeth Warren by $0.26 million. John Deaton Bags Crypto Leaders’ […]
Bonk Price Prediction As Chart Pattern Hints End of Correction, Is $0.000025 Within Reach?
Bonk Price Prediction: The Solana-based memecoin Bonk has recently witnessed a significant inflow which led to a bullish from $0.00000934 low. In the last three days, the coin value surged 53.6% to currency traded at the $0.0000142 mark. This rebound appears to be influenced by the announcement of BONK being listed on the OKX cryptocurrency […]
Ex-Security Engineer Gets 3-Year Sentence for $12M Crypto Hack
A former security engineer, Shakeeb Ahmed, has been jailed for three years for his role in appropriating over $12 million from two cryptocurrency exchanges. The sentencing was given by a federal judge who also imposed a three-year period of supervised release. Details of the Crypto Exchange Hacks Shakeeb Ahmed was arrested and charged with wire […]
Ripple Labs to Buy Back $285M Stake in Major Shareholder Move
Ripple Labs Inc. has announced its plans to repurchase a $285 million stake from its early investors and employees. This initiative is part of a broader $500 million strategy, which includes the cost of converting restricted stock units into common shares, as reported by Reuters. Ripple’s Strategic Buyback Approach Ripple’s decision to buy back shares […]
Crypto Losers of the Week
The cryptocurrency market is showing red on the charts, with a 7.54% decrease in market cap to $2.44 trillion, amidst Bitcoin halving excitement. Despite the market’s trading volume hitting $137.29 billion, marking a remarkable 74.54% surge in the last 24 hours, the market’s general direction continues to be negative The decline has impacted top cryptocurrencies […]
Bitwise Joins VanEck In Donating 10% ETF Profits to Bitcoin Development
Asset management giant Bitwise announced that it will be donating 10% of profits derived from Bitwise Bitcoin ETFs, to the development of the Bitcoin network. Bitwise is one of the 11 beneficiaries to secure the approval of the US Bitcoin ETF on Wednesday, January 10, marking a watershed moment in the history of the financial […]
5 Altcoins to Buy for 10x Gains Before Bitcoin Halving
Investors are constantly looking for investment opportunities besides Bitcoin, hence turning to altcoins. The crypto community is full of excitement, anticipating the upcoming Bitcoin halving event expected to take place on April 4, 2024. Despite the current down trend of the overall global market, recent market activity shows optimism for possible opportunities for significant gains. […]
Bitcoin Price Prediction Post Spot ETF Approval, Is $60k Target Possible For BTC?
The crypto community finally received the news they have been waiting for, for more than a decade, as the Securities and Exchange Commission (SEC) approved 11 spot BTC ETF applications, including BlackRock (IBIT), Grayscale (GBTC), and Ark Invest (ARKB). Although the Bitcoin price reaction has been noticeably lethargic, altcoins led by Ethereum moved significantly, suggesting that investors diversified their […]
Bitcoin Halving Hype Spurs Investors’ 2X BTC Leveraged ETF Bet
With the approaching Bitcoin Halving, investors have been bullish on Bitcoin. The hope of a possible bull run post-halving has resulted in investors hoarding Bitcoin-related assets. One such asset is BTC leveraged ETF. Bitcoin Leveraged ETFs Gain Traction According to Forbes, with its focus on leveraged and inverse ETFs, Volatility Shares, an exchange-traded fund (ETF) […]
XRP vs SEC: Ripple Faces SEC Demand for 2022-2023 Financial Statements
Ripple, a leading player in the cryptocurrency industry, is currently facing a significant legal challenge from the United States Securities and Exchange Commission (SEC). In a recent development, the SEC filed a motion in the U.S. District Court for the Southern District of New York, seeking an order that would compel Ripple to produce detailed […]