TL;DR Dark Defender’s XRP Prediction: Analyst Dark Defender predicts XRP’s short-term target could be between $1.05 and $1.88, based on a “cup & handle pattern” in the daily timeframe, but warns of the need for the token to maintain a primary support level. XRP’s Current Market Position: XRP is currently trading at around $0.61, experiencing an 11% decrease over the past two weeks. EGRAG CRYPTO’s ‘Mega Pump’ Forecast: Another analyst, EGRAG CRYPTO, suggests XRP could see...
Read More »Change of Heart: Santander Launches BTC, ETH Services to High-Net-Worth Clients (Report)
The global division of Spanish financial institution Banco Santander – Santander Private Banking International – has reportedly introduced a new feature that enables customers with Swiss accounts to engage in the investment and trading of Bitcoin (BTC) and Ethereum (ETH). Given Banco Santander’s extensive history of more than 160 years and its broad customer base of 166 million individuals, the private banking division, which attends to 210,000 affluent clients and oversees...
Read More »Libra Creator Champions Lightning Network as Bitcoin’s Ultimate Scaling Solution
Libra creator David Marcus has put forth a compelling argument asserting that the Lightning Network is the singular solution to scale Bitcoin effectively. Marcus, a prominent figure in the cryptocurrency space, contends that alternative blockchain products either exhibit excessive centralization or lack the necessary security measures. Marcus Advocates for Lightning Network In a post on X, Marcus first emphasized Bitcoin’s unparalleled status as a neutral settlement asset and...
Read More »DOJ Announces $4.3 Billion Settlement With Binance As CZ Resigns From Company
The U.S. Department of Justice has settled charges against crypto exchange giant Binance for $4.3 billion, bringing investigations spanning back to 2018 to a close. The DOJ confirmed the settlement in a live video announcement on Tuesday, marking one of the largest enforcement actions ever closed in a crypto-related case. The company pled guilty to willfully floundering the Bank Secrecy Act, among other things. It now must report suspicious financial activity to federal...
Read More »Shibarium Blasts Through Another Important Milestone: What’s Next for Shiba Inu (SHIB)?
TL;DR Shibarium Achievements: Shibarium, Shiba Inu’s layer-2 blockchain, exceeded 4 million transactions and 1.5 million blocks, with nearly 1.3 million wallet addresses. Shiba Inu Price Drop: Despite these milestones, Shiba Inu’s token price fell by 4%, mirroring the overall cryptocurrency market downtrend. New Donation Feature: Shibarium introduced a donation feature to support non-profit validators, enhancing network security and ecosystem inclusivity. Shibarium’s Latest...
Read More »CZ to Step Down, Binance to Pay $4.3b in a Settlement with DOJ: Reports
Binance founder Changpeng Zhao (CZ) will plead guilty to floundering anti-money laundering (AML) provisions as part of a settlement deal with the U.S. Department of Justice (DOJ), according to a Tuesday report from the Wall Street Journal (WSJ). He has also agreed to step down as CEO of his exchange and pay a $50 million personal fine, while Binance has agreed to pay a $4.3 billion fine for its legal violations. Binance’s Massive Penalty As detailed by the WSJ, Binance’s...
Read More »Celsius Announces Transition to Bitcoin Mining Focus
Celsius, a cryptocurrency lending platform, has revealed its intention to transform into a new entity with an exclusive emphasis on Bitcoin mining. This change, disclosed in a recent court filing, represents a departure from its initial reorganization strategy, including a focus on staking. Celsius Moves Towards Mining-Exclusive Entity Following feedback from the U.S. Securities and Exchange Commission (SEC) regarding specific aspects of its plan, Celsius announced a shift in...
Read More »Why Bitcoin Won’t Go Below 30K Again: Willy Woo
Could Bitcoin (BTC) still be due for a major price correction? Not likely, according to popular Bitcoin price guru Willy Woo. The on-chain analyst has used blockchain data mapping bitcoin investors’ average buy-in price to determine that the asset likely won’t descend under $30,000 ever again. Bitcoin’s New Floor is $30k In a post to X on Tuesday, Woo shared a “Bitcoin Cost Basis Density Map” – a contour chart tracking bitcoin’s supply based on the price that long-term...
Read More »Ripple v. SEC Lawsuit Impacted the Commission’s Future Approach: Legal Expert Comments
TL;DR SEC Sues Kraken: The SEC has initiated a lawsuit against Kraken for operating without proper securities registration. Shift in SEC’s Strategy: Noticing a change, legal expert Mike Selig suggests the SEC is now using multiple district courts for crypto case evaluations, possibly due to concerns over losing cases like its ongoing battle with Ripple. XRP Not Targeted: In its recent actions, the SEC didn’t label Ripple’s XRP as a security. Here is Why the SEC Changed Its...
Read More »Binance: Eine Kryptowährungsbörse mit besonderen Eigenschaften
In der Welt der Kryptowährungen gibt es eine Vielzahl von Börsen, auf denen man digitale Währungen kaufen, verkaufen und handeln kann. Eine dieser Börsen, die sich in den letzten Jahren einen Namen gemacht hat, ist Binance. Doch was macht Binance so besonders und wie unterscheidet es sich von anderen Kryptowährungsbörsen? Binance Launchpad Ein herausragendes Merkmal von Binance ist das sogenannte „Launchpad“. Hierbei handelt es sich um eine Plattform, auf der neue Kryptowährungen und...
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