The highly anticipated Bitcoin halving event concluded, marking a significant milestone in the cryptocurrency world. This event, which occurs once every four years, saw a programmed reduction in the creation rate of new BTCs. At 8:10 p.m. New York time, at the block height of 840,000, the mining rewards were halved, impacting the economics of […]
Binance.US CEO Criticizes SEC’s Digital Asset Regulation Tactics
Binance.US Interim CEO Norman Reed has openly criticized the Securities and Exchange Commission’s (SEC) approach to regulating digital assets. In a recent op-ed for Fortune, Reed, leveraging his experience as a former SEC employee, expressed his concerns about the agency’s strategy, which he believes deviates from its core principles and potentially harms the US economy. […]
Bitcoin Halving Highlights 2024; The Halving Block Rewarded Validator With $2.6M
One of the most anticipated events of the cryptocurrency industry, Bitcoin halving, has finally been completed. The crypto industry has waited four years for this event, making it the most trending topic on social media, with more than 109K posts on X alone. The Bitcoin halving happens according to the validations of 210,000 blocks. In […]
XRP Lawsuit: Ripple Fires Back At SEC For Seeking Financial Statements And Discovery
In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs, defendant Ripple opposed the SEC seeking audited financial statements, post-complaint contracts for the sale or transfer of XRP to “non-employee counterparties”, and details on the amount of “XRP Institutional Sales proceeds” received after the lawsuit filing. Ripple Opposes SEC’s […]
Ripple CTO Touts XRP’s 1500% Growth Over Seven Years
David Schwartz, Ripple’s Chief Technology Officer (CTO), has highlighted the strong long-run performance of XRP since its inception seven years ago. During the social media exchange, David Schwartz highlighted that the XRP value had upsurged by 1500%. He quoted that at the time, seven years ago, one XRP traded for about $0.033. This computation, given […]
Here’s Why Bitcoin (BTC) Price Is Falling After Spot Bitcoin ETFs: CryptoQuant
Bitcoin price loses steam after the spot Bitcoin ETFs’ approval and listing on exchanges, falling over 15% from $48,969 to $40,297. In a paradigm shift, trading volumes dropped significantly on crypto exchanges. Moreover, there’s a narrative in the market over Grayscale Bitcoin Trust (GBTC) selling Bitcoin holdings, but CryptoQuant team asserts it’s not actually the […]
Bitcoin Price Upper Limit Set At $4.5M For 4th Halving Cycle
As the 4th Bitcoin Halving concluded, experts have offered bold predictions for BTC’s future. Ecoinometrics, a leading crypto insights provider, has set the upper bound for the Bitcoin price in the fourth halving cycle at an astounding $4.5 million. In addition, a Bitcoin maxi offered a staggering $1 million target for BTC price. Will BTC Surpass […]
OKX Implements New Funding Fee Collection Method in Global Expansion Effort
Leading cryptocurrency exchange OKX announced that it will change its funding fee collection mechanism. The platform also said that the change will happen for the remaining group of perpetual futures that it owns. OKX changes funding fee collection mechanism OKX in a statement said that it will gradually move from cross-period to current-period finance charge […]
Crypto Prices Today April 22: Bitcoin Holds $65K, Ethereum Closer To $3200, XRP & Core Rally
The top crypto prices today continued gaining as the Bitcoin (BTC) price neared the $66,000 level. In addition, the Ethereum (ETH) price inched closer to the $3,200 mark. Moreover, other top altcoins, such as Cardano (ADA), XRP, and Solana (SOL) rebounded notably. Major Crypto Prices Today The Bitcoin price was up by 1.01% reaching $65,777.16 […]
XRP Holder’s Lawyer Slams SEC Lawyers Over Bitcoin (BTC) Statement
XRP holder’s lawyer John Deaton has come out to slam the lawyers representing the United States Securities and Exchange Commission (SEC) over the Bitcoin (BTC) statement made during the past week’s hearing in the ongoing Coinbase Global Inc. lawsuit. The SEC’s Misconception About Bitcoin (BTC) While Bitcoin (BTC) is not the primary bone of contention […]