The Bitcoin price has been gaining momentum and steadily rising back to a more bullish price position of $30,000. Despite market downturns, long-term holders of the cryptocurrency are increasing their investments in hopes of a significant bull run. s the holder metric hits a new all-time high. Bitcoin Price Rises As Holder Metric Peaks Bitcoin’s […]

Earlier this week, JPMorgan Chase UK, a standalone digital banking entity in the UK since 2021, delivered surprising news. They announced that their customers would no longer have the option to purchase crypto using Chase UK debit cards or via bank transfers. While such decisions aren’t entirely unprecedented, the rationale provided by the bank, concerns […]

Bitcoin traders and enthusiasts have been eagerly anticipating the next significant move in the cryptocurrency market, with memories of the 2019 fakeout rally still fresh in their minds.  However, one prominent BTC trader, known as Dave the Wave on the social media platform X, is offering a reassuring perspective. According to Dave, the conditions that […]

A significant investor in this ADA ecosystem believes some Cardano news has gone unnoticed; this development could increase optimism in the network.  Via social media platform X, the pseudonym ADA investor made the case for the “bullish development” happening on this blockchain. Related Reading: Cardano: Sidechain Midnight Will Launch ‘Soon’ On Devnet Positive Cardano News […]

Digital asset expert and XRP enthusiast WrathofKahneman has come out to debunk claims of a new backdoor in the XRP Ledger and its effect on the XRP price. This comes in light of a rumor circulating about “secret amendments” in the XRPL.  Ripple, the company behind XRP, recently introduced a “Clawback” amendment to the XRP […]

In the world of Bitcoin mining, the concept of decentralization versus centralization has been a subject of ongoing debate.  Recent data from Hash Index has shed new light on this discussion by revealing that public miners make up just 28% of Bitcoin’s global hash rate. This statistic challenges the notion that miners hold central control […]

In a significant announcement, the National Bank of Georgia (NBG) has shortlisted Ripple Labs alongside eight other firms as potential technology partners for its Central Bank Digital Currency (CBDC) pilot project titled “Digital GEL.” Ripple Is In The Shortlist Of Nine In an official press release dated September 28, 2023, the NBG disclosed its intent […]

On-chain data shows that large Chainlink holders have been buying during the past two weeks, a sign that’s positive for the coin’s rally. Chainlink Sharks & Whales Have Added Another $53 Million In LINK As pointed out by analyst Ali in a post on X, the large LINK investors have been buying recently. The indicator […]

In a significant development for the cryptocurrency industry, Su Zhu, co-founder of the failed hedge fund Three Arrows Capital (3AC), was arrested at Changi Airport in Singapore while attempting to leave the country.  Zhu’s arrest led to a subsequent court order sentencing him to four months in prison, as confirmed by 3AC’s joint liquidator, Teneo. […]

Following Judge Analisa Torres’s ruling that programmatic XRP sales did not qualify as securities, the SEC filed an interlocutory appeal with the court. This meant that the US Securities and Exchange Commission (SEC) did not agree with the ruling, and while the interlocutory appeal has been approved by the court, pro-XRP lawyer John Deaton has […]

Crypto is at the forefront of the European Commission’s financial services directorate’s proactive efforts to address the increasing environmental concerns in the digital assets industry. In a recent development, the Commission has initiated a tender process aimed at adopting a model-based approach to mitigate the substantial environmental impact posed by the mining of cryptocurrencies. This […]

Pro-XRP attorney John Deaton has been honored with the inaugural Defender of Freedom Award by the International Congress of Blockchain Legal Advisors (ICBLA). This award recognizes individuals and entities that have displayed exemplary dedication to upholding freedom in the crypto community, and Deaton’s selection for this honor comes with a $5,000 prize. The Achievements Of […]

The trial of the former CEO of defunct crypto exchange FTX Sam Bankman-Fried (SBF) has taken full shape with just less than a week before it commences. In preparation, the court has released the trial calendar, which shows how long the case is expected to last.  A Close Look At The Calendar According to the […]

The United States Securities and Exchange Commission (SEC) has once again deferred its decisions regarding multiple proposals for spot Bitcoin exchange-traded funds (ETFs) from leading financial institutions, including BlackRock. This move by the SEC precedes an impending government shutdown, which is anticipated to influence the functioning of the country’s financial regulators and other federal agencies. […]

Project Mariana, an initiative whose goal was to explore the application of central bank digital currencies (CBDCs) in enhancing the efficiency and security of cross-border payments, has been successfully concluded, the Bank of France has confirmed. Even as this pilot comes to an end, one developer notes that the Bank of International Settlements (BIS) reportedly utilized the public […]

Coinbase, the renowned cryptocurrency trading platform, has announced that its Bermuda-based entity, Coinbase International Exchange, has received regulatory approval from the Bermuda Monetary Authority (BAM) to offer perpetual futures to retail customers outside the United States.  The move marks Coinbase’s entry into the rapidly growing market for perpetual futures, which have become dominant in cryptocurrency […]

Prominent investment manager VanEck has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). Interestingly, this development comes a few hours following news that the US Securities and Exchange Commission (SEC) was looking to fast-track the approval of some Ether futures ETF applications ahead of a US government shutdown.  Related Reading: BREAKING: Coinbase Granted […]

One word to describe the current state of the community when it comes to the XRP price is ‘bullish’. This extreme state of bullishness is spurred on by crypto analysts far and wide presenting various bullish scenarios, with some expecting the XRP price to reach as high as $10,000. Once again, crypto analysts are seeing […]

Sam Bankman-Fried (SBF), former CEO of the now-defunct FTX exchange, will attend his trial from behind bars after the latest court decision on Thursday.  Why Sam-Bankman Fried Will Remain In Jail Until Trial According to various reports, on September 28, US District Judge Lewis Kaplan denied a request from SBF’s lawyers asking for the FTX […]