Ripple CTO Defends XRP Sales Amid Investor Concerns
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of Ripple, has defended the company’s right to sell XRP, stating that Ripple will always act in its own interest. His comments came in response to criticism that Ripple’s ongoing sales of XRP could negatively impact investors. “Ripple can, will, and should
A new standard for the accounting and disclosure of cryptocurrency assets is adopted by the FASB.
The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to address the accounting for and disclosure of crypto assets. The ASU’s amendments improved the accounting for certain crypto assets by requiring entities to measure them at fair value and recognize fair value changes in net income each
Analysts Discuss Dogecoin’s Possible Rise as It Aims toward $1
Over the past year, Dogecoin (DOGE) has shown significant growth potential. Some experts predict that Dogecoin’s price could increase by 10,000%, potentially reaching $1 or more. Historical trends and new developments are fueling hopes for another major rally. What do experts, including Ali Martinez, say about DOGE and its future?
Crypto Market Plunges $300 Billion as Trump’s Tariffs Shake Investors
The crypto market faced a brutal crash, shedding over $300 billion in value following Donald Trump’s sweeping tariffs on China, Mexico, and Canada. Bitcoin (BTC) nosedived nearly 10%, while major altcoins such as Ethereum (ETH), Solana (SOL), and XRP recorded double-digit losses. The sudden downturn comes just a day after
Bybit Hack: $1.4B Heist Still Under Investigation as Funds Remain Traceable
Bybit CEO Ben Zhou has provided a crucial update on the largest crypto hack in history, detailing the movement of the stolen $1.4 billion. While 77% of the funds remain traceable, 20% have gone dark, and 3% have been frozen. Stolen Funds Converted to Bitcoin Zhou revealed that 83% of
Coinbase Files FOIA to Uncover SEC’s Crypto Enforcement Costs
Crypto Exchange Seeks Transparency Over Regulatory Spending Coinbase has filed a Freedom of Information Act (FOIA) request to determine how much the US Securities and Exchange Commission (SEC) spent on enforcement actions against cryptocurrency firms. Paul Grewal, Coinbase’s chief legal officer, announced the move on 3 March via X, stating
Bitcoin Surges as Trump Unveils U.S. Crypto Reserve Plans
Bitcoin and the broader crypto market experienced a major rally over the weekend after U.S. President Donald Trump announced the creation of a strategic crypto reserve. This policy shift boosted investor confidence, pushing Bitcoin to new highs and lifting altcoins alongside it. Bitcoin Soars Past $93,000 Bitcoin surged nearly $14,000
Trump Names XRP, SOL, ADA in U.S. Crypto Reserve, Excludes Bitcoin
U.S. President Donald Trump revealed plans for a U.S. Crypto Reserve, naming XRP, Solana (SOL), and Cardano (ADA) as key assets. The decision, shared on his Truth Social platform, aims to strengthen the U.S. crypto industry and counter past regulatory crackdowns. Notably, Bitcoin (BTC) and Ethereum (ETH)—the two largest cryptocurrencies—were
Bitcoin’s Rising Activity Signals Potential Market Reversal
Bitcoin’s Surge in Active Addresses Hints at Market Bottom Bitcoin’s increasing on-chain activity suggests the crypto market could be nearing a turning point following its recent correction. Active addresses on the Bitcoin network have surged to a three-month high, indicating a potential shift in market sentiment. On 28 February, the
Bitcoin Prints a Bullish Hammer: Is It Better to Buy Now or Hold Off?
Bitcoin—BTC, bounced back to $95,500 on Tuesday after falling below $90,000 the day before. The dramatic drop caused over $734 million in liquidations, shaking the confidence of many traders. A bullish hammer on the chart signals potential recovery, but the risk of further volatility remains. With major macroeconomic events ahead,
