Ripple XRP News: The U.S. Securities and Exchange Commission’s reasons for arguing injunctions and disgorgement are weak and Judge Torres can deny the SEC’s argument that institutional investors suffered pecuniary harm, stated lawyer James Murphy, known as MetaLawMan by the XRP army. Why SEC Argument on Disgorgement Is Weak Pro-XRP lawyer James Murphy in a […]
Bitcoin (BTC) Addresses in Profit Tops 90% as Price Eyes $50K
The volume of Bitcoin addresses in profit has increased significantly and is currently around 90%. Bitcoin Addresses Keeps Growing Amongst several cryptocurrencies, BTC has successfully stood out as its total addresses within its network that are profitable now surpasses the 90% threshold. Precisely, Bitcoin’s profitability now places a total of 46.67 million addresses in the […]
Grayscale CEO Says Spot Ethereum ETF Still On The Cards
A day after Grayscale withdrew its application for the Ethereum Futures ETF, CEO Michael Sonnenshien stated they had not given up yet. He stated that Grayscale will continue to focus on converting its Ethereum Trust (ETHE) into a spot Ethereum ETF. This is the same path they undertook while converting their Bitcoin Trust GBTC into […]
Stacks (STX) Eyes $2 as Trading Volume Jumps 36%
Stacks (STX), a Bitcoin layer for smart contracts has seen its trading volume jump by 36%, with its eyes set on the coveted $2 mark. Stacks Recent Performance In recent trading sessions, STX has emerged as a standout performer in the crypto space. According to the latest data from CoinMarketCap, the Bitcoin layer for smart […]
Thorchain (RUNE) Price Jumps 10% Defying Broader Market Slump, Here’s Why
RUNE, the native cryptocurrency of the decentralized liquidity protocol THORChain, surged by 10% in the last 24 hour moving against the broader market tide. As of press time, the THORchain (RUNE) price is trading at $5.92 with a market cap of just under $2 billion. Also, the daily trading volumes for RUNE have surged by […]
Here’s Why Dogecoin (DOGE) Price Is Falling
The throne of Dogecoin (DOGE), the King of meme coins, seems to have shaken up. The DOGE price has been slumping unprecedentedly in recent months. Spotlighting the reasons for Dogecoin price dip, a crypto analyst underscored that the hype around this meme crypto might be dying. Why Is Dogecoin Price Dropping? Crypto analyst Ali Martinez […]
Ripple & XRPL Labs Join Swirlds Labs & Algorand Foundation As Founding Members Of DeRec Alliance
In a significant gust of developments witnessed within the global crypto space, Ripple and XRPL Labs recently joined Swirlds Labs and the Algorand Foundation as the founding members of the DeRec Alliance, a digital asset recovery protocol. In a 2-year merger with the XRP-related entities on the Technical Oversight Committee (TOC), the joining of forces […]
MicroStrategy’s $3.2B Bitcoin Profits Boost Bitcoin Confidence Amid Halving Speculation
MicroStrategy, a leading player in the cryptocurrency market, has disclosed an unrealized profit of $3.2 billion on its Bitcoin investment. This substantial profit underscores MicroStrategy’s significant presence and success within the digital asset space. The announcement of MicroStrategy’s monumental profit highlights the company’s continued commitment to cryptocurrency investments and its adept navigation of the volatile […]
Ripple CLO Hails Bipartisan Pushback on SEC’s Anti-Crypto Rules
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has praised bipartisan efforts in the U.S. House of Representatives to curtail the Securities and Exchange Commission (SEC) ‘s overreach in cryptocurrency regulation. On Wednesday, the House voted to overturn the SEC’s Staff Accounting Bulletin No. 121 (SAB 121), which mandates financial institutions to include the cryptocurrency holdings […]
Bitcoin ETF Demand Skyrockets, Outpacing Supply by 12.5X
In an appearance on CNBC’s Squawk Box, Anthony Pompliano, a well-known cryptocurrency advocate, shed light on the burgeoning interest from Wall Street in Bitcoin, revealing that institutional investors are purchasing Bitcoin ETF at a rate of 12.5 times greater than its daily production. This surge in demand comes as the cryptocurrency market anticipates the upcoming […]