Markets

Long-term XRP investors have shown remarkable patience and resilience as the SEC lawsuit winds down. After a string of victories against most of the SEC’s charges this year, Ripple Labs is still battling the regulator over how much of a financial penalty it should have to pay. Fmr. Goldman Head’s Lifetime Opportunity: XRP Real Vision CEO Raoul Pal told CryptoLaw founder and Ripple amicus brief lawyer John Deaton in a recent interview that he bought XRP after the Securities...

This season appears to be one for cryptocurrency exchange-traded funds (ETFs) as multiple traditional finance companies seek regulatory approval to introduce more to the market. First Trust is the latest asset management firm that wants to create another Bitcoin ETF. However, the company is not looking to launch a spot product like others but a buffer fund. First Trust to Launch Buffer Bitcoin ETF According to a December 14 Form N1-A filing with the United States Securities...

The price of bitcoin (BTC) has entered a correction phase following the asset’s rally to and beyond the $44,000 mark. A weekly report from the on-chain analytics platform CryptoQuant revealed that several valuation metrics show the leading digital asset is due for a correction as its price has increased too fast. BTC in the Correction Phase One of the metrics is CryptoQuant’s Bull-Bear Market Cycle Indicator, which has entered the red area for the third time this year....

The overall crypto market is experiencing a revival. Hence, cryptocurrencies like Solana (SOL) and Binance Coin (BNB) have been able to post some positive gains. However, one project that has stolen the limelight is Meme Moguls. This new project, which is still in its presale phase, is an interesting take on a rather exciting avenue. Let’s see dive in. >>Visit Meme Moguls Presale<< Solana (SOL) Goes Up The Solana (SOL) community has been ecstatic lately with the...

TL;DR Significant Price Rise of SOL: Solana’s cryptocurrency, SOL, has seen a remarkable increase, soaring from about $10 at the beginning of 2023 to around $78, a 650% surge. Analysts believe there’s still room for further growth. Predictions of Continued Uptrend: Notable crypto analysts on Twitter, like Ali and Deftsuo, predict SOL could rally towards $90 and even surpass $100, based on current market trends and technical analysis. More Ambitious Predictions: Some experts...

The United States Securities and Exchange Commission (SEC) has responded to Coinbase’s petition, seeking a tailored regulatory framework for the crypto market, stating that the rulemaking petition is “unwarranted.” However, two out of the five Commissioners disagreed with the decision, believing the agency should engage in robust public conversations that could result in rulemaking or guidance. Gary Gensler: Existing Securities Laws Applied to Crypto The SEC, in a letter to...

Critics argue that El Salvador’s Bitcoin experiment was premature, highlighting the country’s struggles in achieving the ‘Bitcoinization’ of its economy. El Salvador’s foray into the crypto market has been nothing short of controversial, marked by a $117.5 million Bitcoin (BTC) investment that recently pitched on the edge of profitability. President Nayib Bukele’s persistence in the face of international criticism, including opposition from the International Monetary Fund (IMF), raises...

Bitcoin’s price has lost some momentum over the past 24 hours and has retraced back down to around $42,000. Most altcoins are also in the red, with SOL and ADA dumping by over 5%. ICP, though, has exploded by a massive 40% surge. BTC Down to $42K It was precisely a week ago when BTC’s late 2023 run culminated in a price surge to $44,700. This became the asset’s highest price tag in over a year and a half. However, the landscape started to worsen at that point. Monday was...

On April 15-16, Blockchain Life 2024 is going to prove its status as one of the main crypto events of the year bringing together over 8,000 crypto enthusiasts and thousands of international companies in the globally recognized crypto capital of Dubai.Learn more and buy a ticket: https://blockchain-life.com/asia/en/ The event unites top crypto players from Web3, Cryptocurrencies and mining industries from 120 countries. What to expect: Premium community of crypto...

The latest report from Coinbase indicates that despite the emergence of competing networks like Solana, Ethereum remains the leading smart contract platform in the rapidly evolving world of cryptocurrency. Ethereum presently accounts for around 57% of the total value locked in the cryptocurrency ecosystem, with its market capitalization being second only to that of Bitcoin. Ethereum’s Resilient Position Coinbase’s 2024 Crypto Market Outlook reveals that Ethereum is still...