Markets

After marking a new 13-month high yesterday at almost $32,000, bitcoin has been rejected once again and even dipped below $30,000 hours ago. Most altcoins are also in the red today following the recent gains, except for DOGE, SHIB, OP, and a few others. BTC Stopped Most of the working week went by quietly for the primary cryptocurrency as the asset spent it trading sideways in a tight range between $30,000 and $31,000. All that, however, changed on Thursday evening when Judge...

The team behind Base – an Ethereum Layer 2 chain built on OP Stack in collaboration with Optimism – said its mainnet is available for builders to deploy their products.  The entity will release a “Genesis Builder” NFT to commemorate those who entered the ecosystem from the get-go. However, it has no intentions of issuing a network token. The Latest Step Base announced its testnet launch in February, which allowed it to connect with “incredible builders and have watched their...

Eric Adams – the mayor of New York City – has reportedly pledged to amend his annual financial disclosure form after failing to include his cryptocurrency stash.  The former police officer is an outspoken proponent of bitcoin and received some of his salaries in BTC instead of fiat currency.  Fixing the Mistake As reported by CNBC, Adams asked if he could correct the document filed with the Conflicts of Interest Board since he misunderstood one of the questions. Asked whether...

Bitcoin (BTC) quickly fell back to $30,000 on Friday as market hype surrounding the court’s recent ruling on XRP has begun to fade. The volatility has triggered $245 million in liquidations across the entire crypto market in the last 24 hours, according to CoinGlass. Most liquidations occurred across a combination of BTC, Ether (ETH), and XRP trades. XRP exploded 75% on Thursday after a judge delivered summary judgment in its lawsuit against the U.S. Securities and Exchange...

XRP’s recent win against the U.S. Securities and Exchange Commission (SEC) sparked a wave of optimism in the crypto market, driving a rally in altcoins. Amid this rally, Stellar Lumens (XLM) stood out with an almost 50% price jump in the past 24 hours. The likes of Solana and Cardano have also seem significant gains, while new coins like Thug Life and Chimpzee are surging as the market turns bullish. Stellar Lumens’ Bullish Recovery Amid SEC Setback Previously, the SEC’s...

The past seven days will go down in history as the week when Ripple scored a massive win in court against the United States Security and Exchange Commission. In fact, the news is so important that it’s hard to talk about anything else. However, it’s worth mentioning that the entire market took to the skies following the development, and BTC is finally trading above $31K, while ETH is above $2K. Now, let’s dive into some specifics. More than three years ago, the SEC filed a...

CoinspeakerXRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory The surge in XRP price highlights the impact of legal outcomes on the crypto market. XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory

XRP appears to be leading the altcoin rally fetching over 66% in the past day alone. This comes after Ripple Labs managed to score a victory in the SEC case crippling the financial regulator’s plan to regulate the digital asset industry. The market has reacted positively to the District Court for the Southern District of New York’s ruling. Interestingly, altcoins that have posted significant gains are mostly the ones deemed as securities by the US financial regulator. Binance...

Binance, the world’s largest cryptocurrency exchange, is celebrating its sixth anniversary today. In commemoration of the feat, the exchange’s founder and CEO, Changpeng Zhao (CZ), has reminisced on several events since the platform’s launch. In a statement sent to CryptoPotato, the CEO revealed that Binance was launched in 2017 with $15 million worth of digital assets as a crypto-to-crypto exchange with five tokens and two languages. At the time, the company had no customer...

CoinspeakerBinance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message  In addition to thanking customers for 6 years of support, CZ also explained highs and lows Binance experienced since the launch in 2017. Binance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message