SOL price has been affected by the ongoing market decline and has potentially abandoned the anticipated bull pennant breakout. However, the pattern is still valid, and a little more consolidation between $130 and $161 should allow it to remain viable for a breakout. In the meantime, popular Wikileaks whistleblower Edward Snowden believes Solana is centralized,…

The crypto prices today have shown a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price rested at the $60K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices followed with a waning trajectory. The global crypto market cap rested at $2.11 trillion, down 1% from yesterday. Further, the total market…

Popularizing Artificial Intelligence with the help of ChatGPT has finally paid off big for OpenAI. In a major plot twist, the firm has seen its valuation top $157 billion after it secured $6.6 billion in funding from investors. This valuation places OpenAI as one of the world’s most valuable private, not-for-profit startups. The OpenAI Backers…

The Bitcoin price could drop to as low as $57,000, according to a recent prediction by popular analyst Justin Bennett. Israel’s imminent attack against Iran could be what leads to this price decline, considering how the flagship crypto dropped to $60,000 following Iran’s missile attacks against Israel. However, BTC’s long-term outlook is still bullish as…

XRP Lawsuit: Ripple’s Chief Legal Officer, Stuart Alderoty, has voiced his frustration with the U.S. Securities and Exchange Commission (SEC) following the agency’s recent notice of appeal. Ripple is now contemplating filing a cross-appeal, potentially targeting both Judge Analisa Torres’ ruling on institutional sales or the $125 million penalty imposed in August. XRP Lawsuit: Stuart…

Crypto analyst CryptoTank has predicted that the XRP price can reach $1,000. Although he didn’t give a specific timeline for this price surge, he outlined several reasons why the crypto token could hit such an ambitious price target. Some other analysts, like Crypto Egrag, have also predicted that XRP can indeed rise to $1,000 at…

Franklin Templeton Investments, a trillion-dollar asset manager, has filed a proposal to the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin and Ethereum index exchange-traded fund (ETF). The fund, dubbed Franklin Templeton Bitcoin & Ethereum Crypto Index ETF, aims to give investors an exposure to both Bitcoin and Ethereum, the two largest cryptocurrencies.…

Zac Townsend, CEO and co-founder of Meanwhile, has expressed concerns about Kamala Harris’s proposed 25% unrealized capital gains tax. Townsend, a vocal critic of the plan, warns that the tax could lead to a significant sell-off in crypto markets and harm investors across the board. Kamala Harris’s 25% Unrealized Gains Tax Proposal Last month, Vice…

Khanna believes Bitcoin is not a partisan issue. He says that, due to the prospects of its future appreciation, the US government should keep seized Bitcoin as a strategic reserve asset, and not sell it into the market. Most of the Bitcoins that were held by the United States had been seized from illicit activities,…

The Securities and Exchange Commission (SEC) has announced that Gurbir S. Grewal, Director of the Division of Enforcement, will be leaving the agency, effective October 11, 2024. This announcement comes amid growing discussions about the potential future of SEC leadership, especially considering speculation around the possible departure of SEC Chair Gary Gensler if Donald Trump…