5 highlights of Sam Bankman-Fried’s first day of trial
Potential jurors shared their mostly negative interactions with crypto investing, while a slim-figured former FTX CEO sat flanked by attorneys, noticeably void of his signature curly locks looked on.
Brazilian CVM Resolution Comes Into Effect, Allowing Funds to Allocate Part of Their Portfolios Into Crypto
The Brazilian Securities and Exchange Commission (CVM) has opened the doors for investment funds to invest in cryptocurrency. Resolution 175, drafted last year and coming into effect on October 2, defines the rules these institutions must follow to…
ADA Price Is Showing Early Signs of Fresh Drop, But 100 SMA Is The Key
Cardano’s price started a fresh decline below $0.264. ADA is struggling and might accelerate lower if there is a close below the $0.250 support. ADA price is gaining bearish momentum below the $0.265 level against the US dollar. The price is…
Ethereum Price Plunges to $1,600: Can Bulls Save the Day?
Ethereum price trimmed all gains and revisited $1,580 against the US dollar. ETH could continue to move down if it settles below the $1,600 support. Ethereum started a fresh decline below the $1,650 support. The price is trading below $1,665 and…
Bitcoin Price Reaches Key Juncture, Is This Bears Trap or Fresh Decline
Bitcoin price started a downside correction below $28,000. BTC is now testing the $27,200 support and might start a fresh increase in the near term. Bitcoin is moving lower below the $28,000 and $27,800 support levels. The price is trading below…
Crypto-friendly Patrick McHenry takes interim House Speaker position
Eight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Speaker has been ousted by Congress.
Economist Predicts “Monster” Move for Bitcoin: Is A 6X To $200,000 On The Table?
Macro-economist Henrik Zeberg thinks Bitcoin (BTC) and other risk assets are gearing up for a “monster” move, with the trend still in its early stages. Zeberg’s predictions are based on the BTC/SPX Ratio, an indicator that…
Kevin O’Leary Warns of Crypto Innovation Fleeing US Due to Regulatory Hurdles
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has expressed concerns that regulatory obstacles will drive crypto innovation away from the U.S. His comments followed a congressional hearing where Congress members grilled U.S. Securities and…
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region.
Ripple Gains a Victory as Judge Torres Rejects SEC’s Interlocutory Appeal
U.S. District Judge Analisa Torres rejected the Securities and Exchange Commission’s interlocutory appeal in the regulator’s lawsuit against Ripple, noting the SEC failed to explain why her prior decision was faulty. Torres set a…
SEC asks judge to reject Coinbase’s motion to dismiss lawsuit
The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test.
Ripple CEO’s Tattoo Predicts XRP Price Surge? Here’s When It Will Hit The Moon
In the wake of a sideways XRP price action followed by a significant decline after Ripple’s legal victory against the US Securities and Exchange Commission (SEC), a new wave of speculation has emerged, fueled by the astrology-inspired tattoo…
The Great Crypto Shuffle: How 2017’s Top 100 Coins Fared In The Rollercoaster Market
A recent analysis by an analyst has painted a clearer picture of just how volatile the crypto market has been, especially for those who took their chances on lesser-known altcoins a few years back. The analyst studied the top 100 cryptocurrencies…
Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation
Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank.
Tesla and Spacex CEO Elon Musk believes that fiat currency is a scam that is so normalized that we don’t even realize that it’s a scam. Many people share a similar view, including Rich Dad Poor Dad author Robert Kiyosaki, who has…
Judge rejects SEC’s motion to file an appeal against Ripple ruling
District court judge Analisa Torres denied the SEC's motion to file an appeal, claiming that the regulator did not show that were substantial grounds for difference of opinion.
XRP Price Historical Data Suggests Substantial Q4 Rally Possible
XRP price might have struggled to leave the $0.50 range over the last several months, even despite a victory in Ripple’s case with the SEC. But all that could change in Q4 2023, as the fourth quarter of the year is historically the most bullish…
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there.
Why You Should Pay Attention To The XRP Price Predictions
Over the last month, a number of XRP price predictions have dominated crypto headlines. Some of these predictions have been greatly exaggerated, but there have been some that have come up on the more realistic side. Whether or not these XRP price…
When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says
Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made it impossible for them to sell for longer.
Can Bitcoin Continue Its Run? These Factors Could Suggest So
Bitcoin has observed a pullback in the past day, but these factors may imply that the cryptocurrency’s rally can continue. These Factors Could Suggest A Bullish Outcome For Bitcoin A couple of days back, Bitcoin had started observing some…
US Treasury sanctions crypto wallets as authorities crack down on fentanyl
According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs.
Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.
Bankman-Fried’s Legal Team Cries Foul Over Ukrainian Customer Testimony
Attorneys for Sam Bankman-Fried have written a letter to the judge, requesting the court block a government witness, a Ukrainian customer who “lost a substantial portion” of his life savings due to the FTX collapse…
3 Reasons Why Shiba Inu Price Might See A Massive Surge Over 400%
Just like the rest of the crypto market, the Shiba Inu price saw an uptrend at the start of the week before correcting back downward on Tuesday morning. However, this decline may point to the meme coin gearing up for another rally that could see it…
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