The upcoming United States elections scheduled for November could mark a significant turning point for the American crypto industry due to candidates’ opposing views on digital assets. Crypto exchange Coinbase believes crypto voters will make a big difference in the election’s key races, especially the presidential contest. The Effect on Battleground States According to a survey conducted by the crypto trading platform, 52 million Americans own cryptocurrencies, and one in...
Read More »Donald Trump to Take Stage at Bitcoin Conference This Month
The former United States president and current Republican presidential candidate, Donald Trump, is set to speak at one of the largest crypto events this month. A tweet by the official Bitcoin Conference X account revealed Thursday that Trump will be one of the speakers at the event, which is scheduled for July 25 to 27 in Nashville, Tennessee. The announcement represents a huge win for the crypto community, as Trump has expressed substantial support for the industry over the...
Read More »Can XRP Price Reach $1 in July if the Ripple v SEC Case Ends This Month? (ChatGPT Speculates)
TL;DR ChatGPT is optimistic that XRP’s price could rise significantly if Ripple wins its lawsuit against the SEC. The legal battle continues with discussions on the potential fines the company might face, impacting the timeline and outcome of the case. What are XRP’s Chances? Ripple’s XRP has seen better days since its price dipped substantially in the past few days. However, bulls rely on certain essential factors that could positively impact the asset’s market performance....
Read More »Is Cryptoqueen Ruja Ignatova Alive? US Govt Raises Reward Offer to $5M
The United States government has increased the reward offered for information on OneCoin co-founder Ruja Ignatova’s whereabouts to $5 million. According to an official release from the U.S. Department of State spokesperson in conjunction with the U.S. Embassy in Bulgaria, anyone who brings information leading to the arrest or conviction of Ignatova, popularly known as Cryptoqueen, would be rewarded with $5 million. This new reward represents a significant increase from the...
Read More »SOL Price Skyrockets 7% in Minutes as VanEck Files for Solana ETF in the US
Cryptocurrency-based exchange-traded funds continue to be on the main stage in the US, with the latest filing from VanEck taking into account the fifth-largest digital asset – Solana. Shortly after the news broke, the native token’s price shot up by 7% to $150. Matthew Sigel, the company’s Head of Digital Assets Research, highlighted the development on X. He noted that the firm believes Solana is very similar to Ethereum as it operates as an “open-source blockchain software...
Read More »US SEC Chair Gensler Will Cause President Joe Biden to Lose the Election: Ripple CEO
Ripple chief executive officer Brad Garlinghouse has slammed Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), for his recent slander about most crypto executives going to jail. Garlinghouse stated in a tweet that Gensler and his approach to crypto regulation would cause U.S. President Joe Biden to lose the upcoming elections. Gensler on Crypto Execs During an interview with Bloomberg on Tuesday, Gensler spoke about the U.S. crypto...
Read More »WikiLeaks Founder Julian Assange Released From UK Jail After US Plea Deal
Julian Assange, the founder of the non-profit media organization and publisher of leaked documents WikiLeaks, has been released from a United Kingdom prison after five years of staying behind bars. According to a tweet from the official WikiLeaks account, a high court in London granted Assange bail. The authorities released him at the Stansted airport on Monday afternoon, where he boarded a plane and left the UK. Assange Freed From Jail Due to his plea deal with the United...
Read More »Analysts Say Political Meme Coins to Remain Volatile as US Presidential Debate Looms
On-chain experts have warned that political-themed meme coins will remain volatile for the next seven days or more as the United States presidential debate approaches. Bitfinex analysts said PolitiFi tokens have become speculative assets for the outcome of the upcoming elections; hence, they could witness dramatic rises and falls before, during, and after the debate between the leading candidates, incumbent President Joe Biden and former President Donald Trump. PolitiFi...
Read More »Important Ripple v. SEC Update June 18th: Commission Takes a Hit
TL;DR David Hirsh, Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned, denying rumors of joining a Solana-based marketplace. His departure comes as the SEC’s lawsuit against Ripple progresses, with the regulator recently lowering its proposed penalty to $102.6 million. The Crypto Expert Resigns David Hirsh – one of the longstanding members of the United States Securities and Exchange Commission (SEC) – announced on LinkedIn that he resigned from the...
Read More »Ripple v SEC Lawsuit Recap: The Developments After the Trial’s Start
TL;DR Ripple and the SEC have been in a significant dispute involving key witness testimony from Andrea Fox. The entities have also clashed over the sealing of certain financial documents, with the regulator viewing this data as critical to the case. The Clash Over Key Testimony The infamous legal battle between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing since December 2020. Back then, the regulator accused the firm of raising over $1.3...
Read More »
Crypto EcoBlog
