TL;DR The lawsuit between the SEC and Ripple is nearing resolution, with ongoing negotiations over the terms of an August ruling. Ripple seeks more favorable conditions in the ruling, arguing that if the SEC offers a “fresh start” to other crypto companies, the same treatment should be applied to the firm. The delay in resolving […]

Binance Implements Alpha Review Mechanism to Eliminate Unqualified Tokens In a bid to enhance the quality of listed tokens on its platform, Binance has introduced an alpha review mechanism. This new system aims to filter out tokens that do not meet the exchange’s standards, ensuring a more reputable selection for traders and investors. The alpha […]

The Bank of Russia has put forward a proposal to establish a controlled framework for cryptocurrency investments under a three-year experimental legal regime (ELR). The initiative, developed in response to directives from the Russian president, aims to allow a select group of investors to trade digital assets under strict regulations. According to the proposal, only […]

A high-stakes Ethereum (ETH) trade on Hyperliquid resulted in a significant $4 million loss for the platform’s liquidity vault, marking its largest one-day setback since its inception in May 2023. The incident involved a trader using the wallet address ‘0xf3f4,’ who executed a highly leveraged 50x long ETH position. Initially, the trader deposited 4.3 million […]

Crypto analyst Egrag Crypto has revealed when the XRP price will hit double and triple digits. This provides a bullish outlook for XRP especially amid the recent market crash and its brief drop below the psychological $2 price level. When The XRP Price Will Hit Double & Triple Digits In an X post, Egrag Crypto […]

Bitcoin Magazine Rumble Secures $17.1 Million in Bitcoin for Treasury Strategy Rumble (NASDAQ: RUM), a platform for video sharing and cloud services, has revealed its acquisition of about 188 Bitcoin, valued at roughly $17.1 million, as part of its announced Bitcoin treasury strategy. Purchased at an average of approximately $91,000 per coin, this investment is […]

TL;DR Binance receives a $2 billion investment from the firm MGX, marking the first institutional investment in the exchange and the largest in a crypto company. The investment was made in stablecoins, though the exact currency used was not specified, and will strengthen Binance’s position as the world’s largest crypto exchange. MGX aims to promote […]

India Takes Action: Aleksej Besciokov of Garantex Arrested In a recent development in India, authorities have taken action by arresting Aleksej Besciokov, the CEO of Garantex. This move comes as part of a larger crackdown on cryptocurrency-related activities in the country. The arrest of Besciokov is a significant step towards regulating the crypto industry in […]

The Bolivia’s state energy firm, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) plans to adopt crypto payments for the procurement of fuels as the country faces acute shortage of the foreign currency and fuel supply. officials of the company recently stated that the government of the country had endorsed the use of digital assets in the purchase […]

The Ethereum price has been struggling recently, leading many to wonder if it has reached its lowest point at $1.6K. The cryptocurrency market is volatile, and predicting the exact bottom is challenging. However, experts believe that Ethereum’s potential for growth is still strong despite current price fluctuations. Ethereum, the second-largest cryptocurrency by market capitalization, has […]