In response to the SEC lawsuit, Ripple Labs acts
Stuart Alderoty, the Chief Legal Officer of Ripple Labs, has outlined the forthcoming actions in the company’s ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC). This case, which centers around the classification of XRP as a security, raises crucial questions about Ripple’s compliance with U.S. regulations concerning token sales. What are the next
Listing DEGEN on Coinbase Sets Off a 20% Rally; What’s Next for This Meme Coin?
Coinbase, a leading cryptocurrency exchange, has announced the listing of DEGEN on its Base network, resulting in a brief but significant 20% rally in the token’s price. On October 15, 2024, Coinbase added DEGEN (DEGEN) to its Base network, creating a surge of excitement among investors. The listing announcement led to a
Experts Explained Why They Thought “MicroStrategy May Start the Rally in Bitcoin”
Microstrategy, the biggest institutional bull, has been buying BTC at regular intervals since adopting a Bitcoin-centric strategy. Bullish Sentiment Strengthens in MicroStrategy and Bitcoin! While the company is drawing attention with its Bitcoin strategy, MicroStrategy’s bold bet on Bitcoin is paying off big, as experts noted that MSTR stock has
Trump Cryptocurrency Project Official Statement: They’ll Utilise This Altcoin Network!
A new official statement has come from US presidential candidate Donald Trump’s own cryptocurrency project, World Liberty Financial. Donald Trump-backed World Liberty Financial (WLFI) has confirmed that it has submitted a management bid to Aave, indicating its preference for DeFi protocol Aave, and that it will be built on the
Thai SEC Allows Crypto Investment in Mutual & Private Funds
Thailand Securities and Exchange Commission (SEC) has proposed new regulations for mutual and private funds to invest in cryptocurrency. The regulations aim to enhance investor growth and promote the digital economy. Further, these regulations emphasize risk management and transparency as cryptocurrency seeps into Thailand’s financial system. On Wednesday, a draft proposal of
Details of the Cryptofraud Cases of Gotbit, ZMQuant, CLS Global, and My Trade: What We Know Thus Far
The Gotbit, ZMQuant, CLS GLOBAL, and My Trade cases are gradually evolving into some of the most advanced enforcement actions by US authorities, as information on the FBI’s creation of “NexFundAI” tokens to help identify these scammers becomes public. On October 9, the Department of Justice (DOJ), the Securities and
Sui Ecosystem Reaching a $8.5 Billion Market Cap
The SUI ecosystem has achieved a significant milestone, with its market cap reaching $8.54 billion in October 2024. This growth is driven by the combined market caps of SUI, which stands at approximately $5.4 billion, and First Digital USD (FDUSD), contributing nearly $3 billion. The daily trading volume across the ecosystem has also
Official Native USDC Launch on Sui Accompanied by Massive Gains in SUI Memecoins
In a groundbreaking development that’s sending ripples through the crypto world, Sui has become the first Move language-based blockchain to integrate native USDC. This milestone announcement, made jointly by Sui and Circle, marks a new era for the Layer 1 blockchain known for its unparalleled performance and infinite horizontal scaling
Bitcoin to $135,000: The Incredible Price Prediction by Peter Brandt
Peter Brandt, a seasoned veteran of the financial market with vast experience dating back to the 1970s, has published a new outlook on the price chart of the most popular cryptocurrency, Bitcoin (BTC). In his latest analysis, Brandt highlights the post-halving behavior of the coin as a key factor. He notes
Texas Town Mayor Thanks Bitcoin for Reviving his Town
A Texas town is slowly reviving its economy and creating more jobs, all thanks to the Bitcoin mining process that has given it a new lease of life. Ward Roddam, the mayor of Rockdale, Texas wrote an opinion letter on Monday expressing how Bitcoin mining recovered the town economy after
