TL;DR Speculation about a Ripple-SEC settlement has risen due to an agency-closed meeting on July 25. Ripple CEO Brad Garlinghouse and lawyers suggest a settlement could happen soon, with the regulator lowering its fine demand, indicating potential progress. A Possible Settlement or Just Rumors? The legal spat between Ripple and the US Securities and Exchange […]
Ripple v. SEC Lawsuit Update July 22nd Read More »
Crypto markets have made gains over the weekend, with total capitalization hitting a six-week high. All eyes are on PCE inflation data this week as it is the Federal Reserve’s preferred inflation measure and could influence a rate cut decision set for September. Additionally, a big shake-up in the U.S. presidential election race as Joe
Six Things to Watch for Crypto Market Impact This Week Read More »
TL;DR President Joe Biden said he will not compete in the US presidential elections, endorsing vice president Kamala Harris as the Democratic nominee, with significant party support. The disclosure caused volatility in the cryptocurrency market, with Biden-related meme coins dropping and a Harris-related token surging by nearly 90%. The Biden Effect The current President of
Massive Meme Coin Volatility as Joe Biden Quits US Presidential Race: Details Read More »
Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million, worth around $399,000, in crypto assets by offering him three bundles of counterfeit HK$1,000 banknotes. The officers reportedly confiscated 10,978 fake HK$1,000 banknotes during a raid on the Mong Kok office, where the fraudulent transaction took
Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong Read More »
State Street Corp., a Boston-based major player in traditional finance, is exploring the launch of its own stablecoin and tokenized deposits to improve payment settlement using blockchain technology. According to a Bloomberg report on Wednesday, the bank has been actively making efforts to integrate into the crypto space. State Street Is Pushing for Digital Expansion
State Street Is Exploring a Stablecoin and Tokenized Deposits Launch: Report Read More »
Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This move marks its first venture following its initial launch earlier this year. Kraken Custody’s Expansion According to the official press release, institutional clients in the UK
Kraken Institutional Debuts Custody Services in UK, Australia Crypto Markets Read More »
Since last weekend, the price of bitcoin (BTC) has rallied significantly, signaling that the crypto asset may have bottomed out. Bitcoin has recovered to a high of $67,000, although it was hovering around $64,000 at the time of writing. This comes after holders realized their largest losses so far in 2024. CryptoQuant analysts said on-chain
Bitcoin’s Price May Have Bottomed Out, But There’s a Catch: CryptoQuant Read More »
TL;DR Dog-themed meme coins, like Dogecoin (DOGE) and Shiba Inu (SHIB), have seen significant growth in 2024, possibly driven by strong communities and market presence. Other notable performers include Floki Inu (FLOKI) and dogwifhat (WIF), which have gained traction due to active communities and major cryptocurrency exchange listings. DOGE or SHIB? Dog-themed meme coins have
Which Dog-Themed Meme Coin Will Perform Best in H2, 2024? (ChatGPT Speculates) Read More »
On July 18, Judge Eric Vitaliano sentenced the founder of the Bitzlato cryptocurrency exchange to 18 months, the time he had already served, for running an unlicensed money-transmitting business. Anatoly Legkodymov pleaded guilty last year to running an operation that facilitated the concealment of over $700 million in proceeds from illegal gambling and drug transactions.
Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering Read More »
Despite the lower spot price overnight, data suggests considerable institutional interest in December 2024 $100,000 calls. This indicates an even stronger confidence in a year-end rally for the world’s largest crypto, particularly as the likelihood of former US President Donald Trump’s victory rises. Sizeable Institutional Interest In its latest update, crypto trading firm, QCP Capital
Trump and Bitcoin: How Institutional Bets on $100K December Calls Could Shape the Market Read More »
