Ethereum (ETH)

[PRESS RELEASE – Georgetown, Cayman Islands, August 30th, 2023] Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges. Kinetix’s innovative Perpetual Market allows users to...

CoinspeakerEOS Tokens Approved for Trading on Japanese Exchanges Starting September With a robust operational history and an efficient Ethereum Virtual Machine launched earlier this year in April, EOS has established itself as a trusted platform for developers in the crypto industry. EOS Tokens Approved for Trading on Japanese Exchanges Starting September

Is Elon Musk going to bring crypto payments to X? In a Monday filing, the tech billionaire’s social media platform secured the Rhode Island Currency Transmission License, which is crucial for offering such services within the state. Dogecoin On X? The approval, confirmed by the Nationwide Multistate Licensing System (NMLS), comes after X (formerly Twitter) began applying for money transmitter licenses in every required U.S. state last month. In the United States, money...

Leading cryptocurrency exchange OKX announced today the launch of its LBR Earn campaign following the recent LBR listing on the platform. As part of this initiative, OKX is set to have an airdrop with 15,000 LBR tokens up for grabs. To kickstart OKX’s LBR Earn campaign, the company announced a complimentary airdrop, allowing users to boost their LBR assets. The initiative provides attractive APY, zero charges, and access to exclusive deals. Users can participate in the...

Ethereum price is struggling below the $1,700 resistance against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,660 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

A little-discussed memo from the Securities and Exchange Commission (SEC) from five years ago may suggest that the agency faced internal struggles in concluding whether XRP was a security, according to crypto lawyer John Deaton. This may indicate that Ripple – the company behind XRP – was not legally reckless in issuing the token years prior, as the SEC has often alleged. The SEC’s Memo According to Deaton, the “Howey memo” was written by SEC enforcement lawyers, and received...

Coinspeaker1inch Investment Fund Acquires $10M Worth of Ethereum The wallet holds a significant amount of ETH alongside other cryptocurrencies worth around $80 million in its portfolio. 1inch Investment Fund Acquires $10M Worth of Ethereum

Even as XRP encountered considerable upheaval due to escalating regulatory challenges, South Korean investors have remained unfazed. In fact, the asset has emerged as the most preferred one in their portfolios, especially those in their 20s. This is evident by new findings, which show XRP comprising 20.7% of their investments, surpassing the combined 17.5% allocation for Bitcoin and Ethereum. Overall, the proportion of XRP in the portfolios of individuals in their twenties...

John Deaton, founder of CryptolawUS and an advocate for XRP holders, spoke out against the SEC’s “aiding and abetting” allegations against Brad Garlinghouse, CEO of Ripple. Deaton claims that the situation might have been prevented if the SEC had allowed previous executives Bill Hinman and Jay Clayton to testify sooner. In the Ripple v. SEC litigation, Digital Asset Investor said that he would have called former SEC employees Jay Clayton and Bill Hinman, as well as a16z...

Stablecoin payment adoption continued to thrive last year despite massive capital outflows from the crypto market at large, according to a new report from European hedge fund manager Brevan Howard. Analysts found that the stablecoin market settled over $11 trillion in value in 2022 and that over 25 million blockchain addresses held over $1 in stablecoins. Stablecoin Adoption by the Numbers The fund’s report – co-authored by Venture Co-Head Peter Johnson and quant analyst Sai...