SEC v Ripple Case: The US Court of Appeals for the Second Circuit issues the first order in the XRP lawsuit. The order came in response to the US Securities and Exchange Commission’s requests to the court to set January 15 next year as the deadline for its principal brief. This means the XRP community…
The Shiba Inu burn rate surged nearly 253,000% today, catching the investors’ attention. Notably, the notable jump comes as billions of tokens were burnt in the last 24 hours, indicating a potential rally in the SHIB price. However, despite the positive momentum, a top expert in the Shiba Inu community has issued a crucial warning…
Cardano price still struggles to break key resistance levels as one analyst’s recent statement that “Bitcoiners don’t care” about ADA sparked debates within the crypto community. This sentiment suggests a potential lack of influence from Bitcoin enthusiasts on ADA’s price movements, especially after the foundation announced a move to tap into the $1.3 trillion Bitcoin…
The broader crypto market faced a strong sell-off on Thursday as it turned out to be an absolute Halloween event for investors. The BTC price has crashed 4.11% and is currently trading at $69,320 levels as the Bitcoin options data shows a tough fight between the bulls and the bears. A similar correction is visible…
Franklin Templeton, a major asset management firm, has launched its OnChain U.S. Government Money Market Fund on Coinbase’s layer-2 blockchain, Base. This move marks the first instance of an established asset manager making a fund available on the Base network, a layer-2 solution built to enhance transaction efficiency and reduce costs on the Ethereum blockchain.…
Bitcoin (BTC) price hit $73,681 on Bybit exchange on October 29 but failed to retest the all-time high (ATH) of $73,949. Although BTC was $267 away from its peak, there are no signs that investors have comeback yet. Hence, a potential crash could be brewing for Bitcoin. In this CoinGape article, we will explore two…
A massive transfer of 31.1 million XRP tokens, worth approximately $15.8 million, was detected moving from an unidentified wallet to the crypto exchange Bitso. This large transaction has caught the attention of the XRP community, as it coincides with critical developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). XRP…
In a revealing update from the Blockchain Association, a crypto industry group, firms have reported substantial financial burdens due to the actions of the U.S. Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This data, compiled and released in cooperation with HarrisX, shows that since April 2021, when Gensler took office,…
AI news: The European Commission has decided to review Nvidia Corporation’s planned $700 million acquisition of Run Labs Ltd, an AI workload management startup based in Tel Aviv. This decision came after Italy’s competition authority flagged the deal, utilizing its national powers to request an EU-level examination. According to EU law, even if a transaction…
Immutable, the blockchain protocol designed for the next-generation of Web3 games said it has received a Wells Notice from the US Securities and Exchange Commission (SEC). The startup unveiled this in a recent update, a proof of the regulation by enforcement tactics of the markets regulator. Immutable Next on US SEC List After a year-long…