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…
The U.S. Securities and Exchange Commission (SEC) has officially filed a Notice of Appeal challenging aspects of Judge Analisa Torres’ July 13, 2023 ruling in the ongoing Ripple lawsuit. This move ends speculation in the crypto industry about the regulator’s next steps. SEC Appeals – What’s Next for Ripple Labs? The SEC filed this appeal…
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…
Sui (SUI) Price Surges Amidst Market Volatility The Layer 1 blockchain token Sui (SUI) has experienced a notable uptick in market value recently, bucking broader cryptocurrency market trends. Over the past week, SUI price has rallied significantly, putting holders in an advantageous position as optimism grows in the altcoin sector. This positive momentum could set…
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…
WLD price fell over 2% when it was reported that the FTX estate was preparing to auction 22.3 million locked Worldcoin WLD tokens, valued at roughly $37.7 million, at a discount. Allegedly, this would be part of the recovery efforts that the estate had been trying to pursue for its creditors. WLD Price Records Weekly…
EigenLayer (EIGEN) made its debut in the cryptocurrency market on October 1, marking a significant milestone for the Ethereum-based restaking protocol. The token, now available for trading and staking, was listed on several major exchanges, including Binance, Kraken, Coinbase, ByBit, and OKX. This listing follows the final distribution of tokens through airdrops by Puffer Finance.…
Monero (XMR) price has fallen nearly 7% in the last 24 hours after Kraken announced its move to delist the digital asset in Europe. In reaction to the regulatory change, Kraken, one of the oldest cryptocurrency exchanges, decided to remove Monero for users in the European Economic Area. Kraken Delists Monero, XMR price down over…