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Coinbase Releases Encrypted Decentralized Messaging Functionality in Wallets

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...

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Ripple’s Secondary Sales of XRP Not an Investment Contract: Judge Rules Following Over 3-Year Long Legal Battle

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...

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The Treasury is Set to Make Things Rough for Bitcoin

As both sides of the political spectrum have waged war on America’s debt ceiling and worked hard to formulate a deal, there’s growing concern that the Treasury is going to issue more than $1 trillion in new bills. Many analysts are worried about this as they say such a move could have atrocious effects on the market. The Treasury May Hurt BTC Alex Lennard – investment director at global asset manager Ruffer – explained in an interview: Our concern is that if...

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EOS Price Analysis: Key Uptrend Support Intact at $0.70

EOS price started a downside correction below the $0.765 zone against the US Dollar. The price is now trading below $0.745 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.714 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.745 and $0.768 resistance levels. EOS price is declining below $0.768 against the US Dollar, unlike...

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Litecoin (LTC) Price Analysis: Key Breakout Resistance at $98

Litecoin is consolidating losses near the $96 level against the US Dollar. LTC price is now trading below $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $97.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $97 and $98 resistance levels. Litecoin price is showing positive signs above $92 against the US Dollar, similar to...

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Former FTX Exec Under Investigation for Possible Violations of Campaign Finance Law (Report)

US prosecutors have reportedly targeted Ryan Salame – ex-CEO of FTX’s Bahamian subsidiary – over a possible breach of the law when donating funds to his then-girlfriend’s political campaign in 2022.  Previous sources have informed that Michelle Bond (the woman in question) has received at least $400,000 in consulting fees from FTX Digital Markets – the entity that Salame ran. According to The New York Times, the American personally donated $1.5 million to the GMI super PAC (a...

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Litecoin’s Social Chatter Intensfies to New Yearly Peak Ahead of Halving: Data

Litecoin (LTC) search trend has hit a new yearly peak, according to the blockchain analytic platform, IntoTheBlock. The upcoming halving event – which is currently set for August 2nd – is likely to be a key driver for the heightened interest. Halving events have been known to generate tremendous interest in the days leading up to the fact, as they increase the scarcity, which typically boots the value. Hence, the chatter around the crypto asset intensifying is a given. ITB’s...

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How This Dogecoin Trade Made a Crypto Investor a Millionaire: Could These Meme Coins Explode Next?

Dogecoin ($DOGE) remains the most talked-about meme coin in the crypto market – and for good reason. The coin has made fortunes for numerous astute investors, and the tale of one trader, in particular, has caught people’s interest. However, with Dogecoin’s heyday seemingly behind it, meme coin enthusiasts are now seeking out alternative coins with colossal price potential – and Mr. Hankey Coin ($HANKEY) and Thug Life ($THUG) have emerged as viable candidates in this regard....

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