CoinspeakerKorean Banks Start Research on Alternative for Stablecoins and CBDC Private banks are exploring blockchain-based "certificate of deposit" tokens (CDs) that will replace deposits and customary notes. Besides, they can also easily integrate with CBDCs. Korean Banks Start Research on Alternative for Stablecoins and CBDC
Read More »cheqd Floats Creds – Security Solution for Web 3.0
Coinspeakercheqd Floats Creds – Security Solution for Web 3.0 By safeguarding against AI risks and protecting from potential threats, Creds enable users to harness the full potential of AI while ensuring responsible and ethical practices. cheqd Floats Creds – Security Solution for Web 3.0
Read More »DA Alvin Bragg Targets Crypto Firm Coin Dispute Network
Coin Dispute Network – a company that claims to help customers retrieve their lost or stolen crypto – is currently under investigation by the Manhattan District Attorney’s office run by the allegedly corrupt Alvin Bragg. Bragg and Coin Dispute Network Are in a War Bragg has said the company is “fraudulent,” and he’s attempting to seize the domain name. The gist of Coin Dispute Network is that customers must pay a fee to get the company involved, which then begins...
Read More »Bank of America Highlights Uncertainty in Ripple vs SEC Ruling
CoinspeakerBank of America Highlights Uncertainty in Ripple vs SEC Ruling The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets. Bank of America Highlights Uncertainty in Ripple vs SEC Ruling
Read More »Stellar Lumen (XLM) Price Remains Supported For Fresh Rally Above $0.18
Stellar lumen price started a downside correction from the $0.180 zone against the US Dollar. XLM price is now trading above $0.1450 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.160 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.160 and $0.1675 resistance levels. Stellar lumen price is trading above $0.150 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Protect Uptrend Support, Aims Fresh Rally
Ripple price started a downside correction below the $0.820 zone against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.738 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.750 resistance. Ripple price is consolidating near $0.720 against the US Dollar, similar to Bitcoin. XRP price...
Read More »Charges Laid Out Against Two Men in Mt. Gox Case
Has justice arrived in the Mt. Gox case? Perhaps that’s the scenario as after nearly ten years, two Russian men have been charged with conspiring to steal more than 600,000 bitcoin units. Is the Mt. Gox Case Coming to an End? The federal government has laid charges out against Alexey Bilyuchenko and Aleksandr Verner. They’re accused of conspiring to launder as much as 647,000 BTC funds stolen from the exchange. At the time of the theft, these units would have been...
Read More »Cathie Wood on the Coinbase-SEC Lawsuit and BTC’s Price
Ark Investment Management founder and CEO Cathie Wood – a longtime bitcoin bull – has thrown herself into the Coinbase mess involving the Securities and Exchange Commission (SEC) and is defending the exchange. She also believes bitcoin could jump into $600K territory within the next seven years. Cathie Wood on Where Bitcoin Will Go Wood mentioned she thinks the SEC is going about the situation all wrong. All the agency wants to do is persecute when the rules are...
Read More »Gary Gensler of the SEC Suffers Freudian Slip, and His Crypto Agenda Couldn’t Be Clearer
Merely hours after the Securities and Exchange Commission (SEC) filed lawsuits against both Binance and Coinbase – two of the biggest and most popular digital currency trading platforms in the world – the agency’s head Gary Gensler made comments that the entire crypto industry is “built on non-compliance” and that the U.S. doesn’t “need more digital currency.” The SEC Is Mixed Up With that latter comment, it truly becomes clear what Gensler is all about… Getting...
Read More »It’s a Win for Coinbase as SEC Made to Answer Year-Old Regulatory Petition
Just yesterday, it was announced that popular digital currency trading platform Coinbase was being sued by the SEC. The news came as a shock to many, and it’s clearly another step in the agency’s agenda to rid the country of crypto for good. Coinbase Gets Its Way Against the SEC The good news is that Coinbase doesn’t appear to be taking the abuse sitting down, and it recently got a legal win in its corner. Not long ago, the exchange made headlines when it filed...
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