Crypto news

John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has slammed haters and critics of Judge Analisa Torres, insisting that her recent decision in the ongoing case is “very sound.” In a lengthy Twitter thread, Deaton outlined why Judge Torres’ decision was the correct ruling, despite claims that it was inconsistent with policy considerations behind the 1934 Securities Act....

Bitcoin is a big asset. It’s got legions of fans all over the world, and it appears to be taking a higher level of precedence in U.S. national politics and similar arenas. However, it’s become clear over time that the world’s biggest and most popular digital asset isn’t going to attract positive attention from everyone, and one of its biggest haters – Nassim Nicholas Taleb, the author of the novel “Black Swan” – has consistently made it clear he’s not a fan....

The number of XRP whales owning 100M+ tokens has surged to 199, marking an 11-week high.  One factor playing a role in the new trend could be Ripple’s court victory against the US Securities and Exchange Commission (SEC), which fueled a price increase for XRP and renewed optimism in the entire cryptocurrency space. Accumulating Again The crypto analytics platform – Santiment – estimated that there are now 199 XRP whales, each of whom holds at least 100 million coins....

[unable to retrieve full-text content]CoinspeakerUS Tech Giants to Benefit from Improved Cloud Business Thanks to Focus on AI US big tech may be seeing their cloud businesses pick up steam again as interest in AI rises, and consumers spend more on advertising. US Tech Giants to Benefit from Improved Cloud Business Thanks to Focus on AI

[unable to retrieve full-text content]CoinspeakerKorean Banks Start Research on Alternative for Stablecoins and CBDC Private banks are exploring blockchain-based "certificate of deposit" tokens (CDs) that will replace deposits and customary notes. Besides, they can also easily integrate with CBDCs. Korean Banks Start Research on Alternative for Stablecoins and CBDC

[unable to retrieve full-text content]Coinspeakercheqd Floats Creds – Security Solution for Web 3.0 By safeguarding against AI risks and protecting from potential threats, Creds enable users to harness the full potential of AI while ensuring responsible and ethical practices. cheqd Floats Creds – Security Solution for Web 3.0

Coin Dispute Network – a company that claims to help customers retrieve their lost or stolen crypto – is currently under investigation by the Manhattan District Attorney’s office run by the allegedly corrupt Alvin Bragg. Bragg and Coin Dispute Network Are in a War Bragg has said the company is “fraudulent,” and he’s attempting to seize the domain name. The gist of Coin Dispute Network is that customers must pay a fee to get the company involved, which then begins...

With bitcoin sliding further below the $30,000 line, the value of liquidated positions has increased to almost $150 million on a daily scale. As expected, most were from long positions, with the largest one taking place on OKX. It was less than two weeks ago when the primary cryptocurrency was riding high following Ripple’s partial court victory against the SEC. BTC, along with the rest of the market, soared to new multi-year peaks. However, the market failed to maintain its...

[unable to retrieve full-text content]CoinspeakerBank of America Highlights Uncertainty in Ripple vs SEC Ruling The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets.  Bank of America Highlights Uncertainty in Ripple vs SEC Ruling

Stellar lumen price started a downside correction from the $0.180 zone against the US Dollar. XLM price is now trading above $0.1450 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.160 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.160 and $0.1675 resistance levels. Stellar lumen price is trading above $0.150 against the US Dollar, similar to...