Markets

TL;DR The lawsuit between Ripple and the SEC, concluding with a grand trial on April 23, could significantly influence XRP’s price and market capitalization. The asset’s value growth also depends on market dynamics and adoption by major financial institutions. Waiting for the Judge’s Decision The lengthy legal battle between Ripple and the US Securities and Exchange Commission (SEC) will move to a grand trial (scheduled for April 23), which is supposed to be the final...

The cryptocurrency market saw a massive correction in the past two days, starting with a red Friday and followed by a Saturday massacre. While the reasons are still debated, even though they seem to be external and not related to the industry itself, the fact is that the total market cap shed over $400 billion at one point. With the next Bitcoin halving, an event typically regarded as a catalyst for future price increases, just around the corner, the question arises whether...

On April 12, Coinbase’s legal counsel filed a brief asking the court’s permission to seek an interlocutory appeal in its case. The controlling question was whether an “investment contract” requires something contractual. Coinbase believes it does, whereas the SEC disagrees. An interlocutory appeal occurs when a ruling by a trial court is appealed while other aspects of the case are still proceeding. Coinbase Fights Back Coinbase chief legal officer Paul Grewal said that the...

In yet another eventful and painful evening trading on Saturday, Bitcoin’s price tumbled by another five grand to a multi-week low of around $61,000. The alternative coins were hit even harder, with numerous double-digit price declines. The main culprit for this crash was the rising tension between Iran and Israel. BTC’s Rollercoaster Continues It was just 48 hours ago when BTC’s price hovered calmly above $70,000, and it even challenged $71,000, but to no avail. Yet, the...

The crypto market is an exciting roller coaster ride. Now, this digital currency is on the rise again. Bitcoin recently surged to an impressive $70,965 fueled by the increasing demand due to the approaching halving events. The whole crypto market is blooming owing to Bitgert’s ripple effect. Newly launched coins like BEFE, BRISE and CENX are also showcasing a fascinating edge in the market. BEFE Launched in Nov 2023 as Blockchain Ecosystem for Everyone, BEFE...

Scaling through the cryptocurrency market has been disturbing; this week, there is an amazing opportunity in BEFE, BITGERT, and CENX. BEFE, BITGERT, and CENX have offered many unique features for investors seeking growth and profitability in their investments, including staking, efficiency in trading, low trading fees, and more. We can see that this week has been an excellent week for BEFE, BITGERT and CENX. This has much to do with their standing solid community...

While the past several weekends went quite calmly for Bitcoin and the entire crypto market, this time, things are significantly different. Whether propelled by yesterday’s announcements by a few presidents of the US Federal Reserve or today’s reports of Iran preparing an attack against Israel, the reality is that BTC’s price has tumbled hard, and the altcoins have shed even more value. This seems like the perfect opportunity for a perma-bear like Peter Schiff to open up...

The cryptocurrency markets plummeted on Friday evening, and the same violent scenario was repeated once again on Saturday. The entire market has bled out, with another $200 billion leaving the space. The total liquidations have skyrocketed to $700 million after the $900 million last night. BTCUSD. Source: TradingViewIt was all going well for the primary cryptocurrency until Friday evening, as the asset had calmed at around $70,000-$71,000. However, the situation changed...

Despite network outages, Solana has witnessed a flurry of projects launched on top of its blockchain. Such a trend typically depicts a growing demand. But the latest report paints a different picture. These fraudsters were found to be capitalizing on users’ heightened risk appetite, fueled by FOMO amidst a market-wide resurgence. In a report shared with CryptoPotato, blockchain security company Blockaid revealed that 50% of recent pre-sale token launches on Solana have been...

Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting crypto holdings of almost $15.27 billion. This substantial stash includes 212.847k BTC and 45.654k ETH. US Leads with Holdings of $15.27B Silk Road is perhaps the most infamous case where the US government seized approximately 144,336 BTC in 2013. Silk Road was an online black market known for facilitating the sale of...