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Bitcoin Plummets Toward $60k As Federal Reserve Considers Keeping Rates Elevated

Bitcoin’s price fell 2.5% to $60,300 on Friday as Federal Reserve officials weighed their options for combatting stubborn price inflation in the United States. Bitcoin traded for $63,400, at noon UTC on Friday, before plummeting below $61,000 over the next few hours. According to Coinglass, the volatility triggered $175 million in liquidations over the past 24 hours. The single largest liquidation took place on a Binance BTC/USDT trade for $3.56 million. Speaking at a...

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The Most Important Developments in the Ripple v. SEC Trial: Two Week Recap

TL;DR The legal confrontation between Ripple and the SEC intensifies, with recent filings focusing on whether a key witness’s declaration is standard evidence or unsolicited expert testimony. As both parties await a judicial ruling, speculations arise about a potential settlement this summer. The SEC’s Actions The legal case between Ripple and the US Securities and Exchange Commission (SEC), which dates back to December 2020, has intensified in the past several weeks. One...

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Ripple und XRP: Alles, was Sie über die Kryptowährung wissen müssen

Ripple ist ein Open-Source-Protokoll für ein Zahlungsnetzwerk, mit dem schnelle und günstige grenzüberschreitende Geldtransfers ermöglicht werden sollen. Das Netzwerk basiert auf einem verteilten Hauptbuch, das Transaktionen in Echtzeit verarbeitet und validiert. Ripple ist auch der Herausgeber der blockchain-basierten digital Wähurng XRP, welche auf jeder grossen Bitcoin-Börse vertreten ist. Was ist XRP? XRP ist die native Kryptowährung des...

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Bitcoin: Potenzial zur Ankurbelung der Wirtschaft und zum Abbau von Grenzen im grenzüberschreitenden Handel

Bitcoin, die weltweit erste und bekannteste Kryptowährung, hat in den letzten Jahren für viel Aufmerksamkeit und Diskussion gesorgt. Während einige sie als spekulative Anlage oder sogar als Bedrohung für das Finanzsystem ansehen, sehen andere darin ein enormes Potenzial, die Wirtschaft anzukurbeln und den grenzüberschreitenden Handel zu erleichtern. Grenzlose Transaktionen: Einer der grössten Vorteile von Bitcoin ist seine grenzenlose Natur....

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This is Why Ethereum is No Longer a Deflationary Network: CryptoQuant

Over the years, analysts and developers have touted Ethereum as a deflationary network, presenting the blockchain as ultrasound, aligning with Bitcoin’s sound money principle. However, that seems to have changed with the network’s latest upgrade. CryptoQuant analysts revealed in the firm’s latest weekly report that Ethereum ceased to be a deflationary network after the Dencun upgrade, implemented in March, which reduced the blockchain’s transaction fees by a substantial...

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Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions

[unable to retrieve full-text content]CoinspeakerFranklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions Besides the rising activity on SociaFi, Franklin Templeton also attributed the rise in activity on Base to meme coins and an increase in the supply of Circle’s USDC stablecoin on the network. Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions

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Crypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support

[unable to retrieve full-text content]CoinspeakerCrypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support Nick Carr, chief strategist at Stand With Crypto, says their goal is to support politicians who support the crypto community's rights. Crypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support

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BTC Price Settles at $63K as Network Difficulty Declines, Binance’s Regulatory Issues Continue: This Week’s Crypto Recap

Bitcoin’s price saw a lot of volatility last week, especially before and after the US Fed’s most recent FOMC meeting, but managed to recover some ground during the current one. Let’s unpack. The primary cryptocurrency had dropped to a multi-month low of $56,500 last Wednesday, went on a volatile rollercoaster as the US central bank said it would not raise the interest rates, and began its recovery on Friday. At the time, BTC soared from under $59,000 to $62,000 in minutes and...

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