Markets

CoinspeakerRipple CTO Issues Warning against Potential XRP Scams Schwartz's caution comes amid a surge in XRP price and market capitalization. Ripple CTO Issues Warning against Potential XRP Scams

Bitcoin cash is eyeing a fresh increase above the $300 resistance against the US Dollar. The price is now trading near the $275 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $285 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $300 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $265 against the US Dollar,...

Recent comments regarding Bitcoin exchanges from Gary Gensler – Chairman of the U.S. Securities and Exchange Commission (SEC) – suggest that his agency may not be so eager to approve the recent wave of Bitcoin spot ETF applications in its mailbox. The chairman claimed that crypto trading platforms like Coinbase are structured in such a way that makes them open to wash trading and market manipulation. Problems With Coinbase, According to the SEC Gensler commented on the...

The digital asset market continues to experience one of its longest, most bitter winters in recent history, leading established companies in the space to introduce a fresh round of crypto job cuts. Prominent NFT firm and creator of the NBA Top Shot marketplace announced laying off 51 of its staff members. The latest round includes job cuts for full-time employees as well as C1 contractors. Dapper Labs’ Another Round of Layoff Dapper Labs CEO Roham Gharegozlou announced on...

The entire crypto market is rallying after the judge overseeing Ripple V. SEC ruled that neither XRP, nor most situations in which it transacted, are securities. The ruling has also prompted exchanges like Coinbase to relist XRP starting today. In a tweet on Thursday, Coinbase Assets confirmed that it will re-enable trading of XRP on XRP network, starting at 1:45 PT. “Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT, and XRP-EUR trading...

Circle – the company behind the leading stablecoin USDC – has reportedly trimmed its staff in a bid to reinforce its balance sheet. Thus, it joined the likes of numerous crypto-related firms that laid off team members during the prolonged bear market to cope with the decreasing investor interest. Some examples are the exchanges Coinbase, Huobi, Gemini, Bybit, Crypto.com, and many more. As reported by Reuters, the stablecoin issuer has reduced its team and ceased investments...

Coinbase has unveiled an end-to-end encrypted, private, and portable messaging feature for its self-custody wallet product – Coinbase Wallet to enable users to connect directly through their wallet, engage with communities, as well as send payments across thousands of coins. The goal is to give Coinbase Wallet users full control and ownership over their identity and chats by eliminating unnecessary risk and potential losses with the help of messaging. Coinbase’s New...

XRP is booming after Judge Analisa Torres’s ruling on Thursday that most sales of the Ripple-issued cryptocurrency do not constitute securities transactions. The ruling brings a conclusion to a three-year-long lawsuit that is expected to set a firm precedent for many crypto issuers’ legal standing in the United States going forward. Let’s dig into the details of the ruling, and examine how it could impact other cryptocurrencies in the near term. Institutional Sales VS Other...

CoinspeakerDelta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History Delta Air Lines shares are up today after the company reported an adjusted revenue of $14.61 billion vs. $14.49 billion expected by analysts. Delta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History

CoinspeakerBNB Chain Unveils Hackvolution to Boost Ecosystem Growth Developers and users who participate in Hackvolution are contributing to the growthof the BNB chain ecosystem. BNB Chain Unveils Hackvolution to Boost Ecosystem Growth