Matrixport, a leading entity in the dynamic realm of cryptocurrency, has taken a significant stride towards regulatory compliance. On February 26, the company submitted an application for a virtual asset trading license to the Hong Kong Securities and Futures Commission (SFC). This move underscores Matrixport’s commitment to adhering to regulatory standards, crucial for fostering trust […]

Ripple’s integration with Axelar Network has garnered praise from Ripple executives, which includes President Monica Long and RippleX SVP Markus Infanger. Notably, the partnership was also lauded by the XRP community, as it aims to enhance the XRPL’s capabilities in the blockchain space. In other words, this collaboration signifies a major stride towards enhancing blockchain […]

The week is turning out to be great for spot Bitcoin ETFs as they started the week with a $520 million inflow on Monday and recorded another strong inflow of $577 million on Tuesday. The massive inflow came on the back of BlackRock iShares Bitcoin ETF witnessing an inflow of $520 million alone, pointing out […]

As Ethereum (ETH) enjoys a period of significant growth, many investors are taking notice. Over the past year, its value has doubled, reaching a noteworthy milestone of over $3,000 on February 20, 2024. Now, experts are predicting that Ethereum could potentially reach $5,000 by the end of this year, 2024. With the market buzzing and […]

The House Financial Services Committee is making strides in advancing US Rep Mike Flood’s bill to revoke Staff Accounting Bulletin (SAB) 121 rule this Thursday. This move is pivotal in paving the way for a surge in institutional crypto adoption. Perianne Boring, CEO of the Chamber of Digital Commerce, revealed the the update stating, “Momentum […]

The world has been engulfed in the cryptocurrency wave, with Canada emerging as a hub. There has been a deluge of cryptocurrency exchanges in recent years due to the stiff graph of cryptocurrency investors in the Canadian market. So, if you are someone hunting for the best crypto exchange in Canada, we have you. In […]

Following Ripple’s completion of all remedies-related discovery requirements, the U.S. Securities and Exchange Commission (SEC) has filed for extension of deadline for remedies-related briefing. This makes the XRP community wait longer for XRP details, while sparking speculations of settlement negotiations between Ripple and the SEC. US SEC Seeks Extension of Deadline in Ripple Lawsuit The […]

In a recent twist in the legal saga between Kraken and the U.S. Securities and Exchange Commission (SEC), XRP lawyer Bill Morgan has lauded the Chamber of Digital Commerce for its robust defense strategy. Notably, the involvement of the Chamber in the Kraken vs. SEC lawsuit highlights the pivotal role played by industry stakeholders in […]

XRP, a cryptocurrency backed by Ripple Labs, once again echoed a sense of curiosity among crypto market enthusiasts across the globe as it witnessed phenomenal whale activity recently. Intriguingly, this whale activity promptly gained significant traction as news of SEC’s appeal to Judge Torres appears to be surfacing over the crypto horizon. The U.S. SEC […]

Lawyers representing the disgraced FTX co-founder Sam Bankman-Fried stated that their client should face a maximum sentence of 6.5 years or less in prison, for his involvement in fraud leading to the collapse of the FTX exchange. They presented their proposal to US District Judge Lewis A. Kaplan in a detailed 98-page memo prior to […]