Lawyer Outlines What Would Happen if SEC Wins Lawsuit Against Ripple Over XRP
A lawyer has outlined what he believes to be the most likely outcome if the U.S. Securities and Exchange Commission (SEC) wins against Ripple Labs and XRP is declared a security. He expects Ripple to appeal if the SEC wins, warning: “If…
Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions
Marathon Digital also noted that the decrease in transaction fees for June was not a cause for concern, highlighting that Bitcoin Ordinals had provided a boost in the previous month.
BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention
The BRICS Bank’s vice president and chief financial officer has shed light on the economic bloc’s aspiration to develop a common BRICS currency. His remarks followed recent reports suggesting that Russia has confirmed the BRICS’ plan to…
Renowned Investor Jim Rogers Warns ‘US Is Going to Suffer’ as Dollar’s Value Erodes Further
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned that “the worst is yet to come” for the U.S. economy. “The U.S. is going to suffer” as the value of the dollar erodes…
Democratic Presidential Candidate Robert Kennedy Jr Holds Up to $250,000 in Bitcoin, Records Show
According to a report published on Friday, Robert F. Kennedy Jr., a Democratic presidential candidate, holds between $100,000 to $250,000 in bitcoin (BTC). The holdings contradict his statements at the Bitcoin 2023 conference in May, where Kennedy…
JPMorgan Analysts Say Spot Bitcoin ETF Approval Is ‘Unlikely to Be a Game Changer for Crypto Markets’
In a report published on Thursday, JPMorgan analysts suggest that the approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) is “unlikely to be a game changer for crypto markets.”…
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs…
Monero Maintains Stability Amid Crypto Market Volatility, Remains Top Privacy Token With $3B Market Cap
In the last half-year, there has been a remarkable surge in the value of crypto assets such as bitcoin and ethereum. BTC has skyrocketed by 77%, while ETH has experienced an impressive 44% leap. On the other hand, the leading privacy-focused…
Coinbase was aware of securities law violations, the SEC claims in letter
According to the SEC, Coinbase recognized the probability that federal securities laws would apply to its operations, openly informing its shareholders about the risk.
Crypto Biz: Winklevoss slams Silbert, Twitter’s double-edged sword and more
This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls.
Biggest Movers: SOL Surges to 2-Month High on Saturday, Extending Recent Bull Run
Solana extended recent gains on Saturday, as the token rose for a third straight session to start the weekend. Today’s move came following a breakout of a key price level, despite the global crypto market cap consolidating. Avalanche also rallied…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start Weekend, ETH Remains Below $1,900
Bitcoin was hovering near the $30,000 level to start the weekend, as markets continued to digest the latest U.S. nonfarm payrolls report. Payrolls came in at 209,000, less than the 225,000 expected, putting slight doubt in a potential July rate…
Bitcoin Is More Than Money, It’s A Tool For Self Transformation
This is an opinion editorial by Heliand, a Bitcoiner with a background in real estate and finance.In the realm of digital currencies, Bitcoin has emerged as a groundbreaking phenomenon, revolutionizing not only the financial landscape but also the…
Central Bank of Russia: Digital Ruble Could Be Launched as Soon as 2025
Olga Skorobogatova, first deputy chairman of the Central Bank of Russia, indicated that the launch of the digital ruble, the Russian central bank digital currency (CBDC), could happen in 2025. The pilot test for the CBDC will be organized later…
Stellar (XLM) Sheds 13% As Bearish Sentiment Takes Over
In the past week, Stellar (XLM) experienced a decline in price, moving from $0.1 to $0.096. This represents a decrease of -13.42% in value. Furthermore, in the past 24 hours, XLM recorded a minor drop of -0.61%. These price movements indicate a…
Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’
According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digital currency. Nelson Mupunga, the director of economic research at the central bank…
PEPE Bulls Losing Steam? Fatigue Appears To Undermine Price Rally
PEPE, once riding the waves of a bullish surge, finds itself in a precarious position as the price correction of Bitcoin (BTC)] reverberates across the market. Over the past 24 hours, the signs of exhaustion have become increasingly apparent…
Ripple Labs to revolutionize real estate industry through tokenization
This innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform.
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