Crypto news

John Deaton, a pro-Ripple lawyer representing thousands of XRP holders, believes the United States Securities and Exchange Commission (SEC) strategically capitalized on Ripple’s commitment to transparency and used it to target the company and its CEO, Brad Garlinghouse. The attorney shared his thoughts in response to a Twitter post by Delphi Labs’ general counsel Gabriel Shapiro about the use of Know Your Customer (KYC) systems in the crypto space. KYC for Large Crypto...

Bitcoin and Ethereum are trading at an enticing discount on Binance.US, but not all users will be able to leverage it. At nearly $27,500, Bitcoin is trading about $2,500 lower on Binance.US compared to global spot markets. Ethereum, on the other hand, was trading at $1,700 – a discount of $200, offering market participants a better price than other crypto exchanges. Discount Concerns Crypto users took to Twitter to address the situation and termed it a “depeg” of...

Rick Nott – a CFA, CFP, and senior wealth advisor at Lourd Murray – recently had a few things to say about the world of cryptocurrency. Rick Nott Discusses Crypto As a man who has established a large career for himself in finance, Nott had several notes to make in a recent interview about the growing crypto arena. He said that while allotting some of your portfolio into bitcoin and crypto may not be a bad idea, it really depends on how much tolerance you have for...

[unable to retrieve full-text content]CoinspeakerJapan’s Nikkei 225 Enters Fifth Straight Losing Plunge as Global Economy Fluctuates The Nikkei is reflecting a general plunge in the global financial economy as it saw a plunge today despite hitting a high last week. Japan’s Nikkei 225 Enters Fifth Straight Losing Plunge as Global Economy Fluctuates

[unable to retrieve full-text content]CoinspeakerStandard Chartered Expects Bitcoin (BTC) Price to Surge to $120,000 by End of 2024 Banking giant Standard Chartered expects the Bitcoin bull run to continue further with the BTC price to rally to $50,000 by the end of the year. Standard Chartered Expects Bitcoin (BTC) Price to Surge to $120,000 by End of 2024

[unable to retrieve full-text content]CoinspeakerBIS Survey Reveals 24 Central Banks Planning to Introduce CBDCs by 2030 According to the survey, progress in the global development of CBDCs has continued since last year, with a particular emphasis on emerging economies where CBDCs are viewed as a means of providing financial access to unbanked individuals. BIS Survey Reveals 24 Central Banks Planning to Introduce CBDCs by 2030

[unable to retrieve full-text content]CoinspeakerBitcoin Analyst Believes BTC Is Future of Money, BlackRock ETF Spurs Increased Demand According to the analyst, Bitcoin has a better chance of being valuable and stable as it has a fixed and constant supply compared to other forms of money. Bitcoin Analyst Believes BTC Is Future of Money, BlackRock ETF Spurs Increased Demand

Despite bitcoin’s relatively flat trading at between $30,000 and $31,000 lately, BTC sharks and whales have purchased approximately $2.14 billion (calculated at current prices) worth of the leading digital asset since June 17.  According to Santiment’s data, those investors own around 13.02 million BTC, equaling over $391 billion. The Recent Accumulation Spree The analytics platform focused on cryptocurrencies – Santiment – estimated that bitcoin sharks and whales (those who...

[unable to retrieve full-text content]CoinspeakerGucci Owner Kering Paid $3.8B to Acquire Fragrance Label Creed Kering first signalled interest in the acquisition of Creed earlier this year. Gucci Owner Kering Paid $3.8B to Acquire Fragrance Label Creed

[unable to retrieve full-text content]CoinspeakerCarl Icahn and Banks Finalize Amended Loan Agreements Following the publication of the Hindenburg Research study, Icahn Enterprises’ stock fell to a low of $31.78, the company’s lowest value in more than ten years. Carl Icahn and Banks Finalize Amended Loan Agreements