This year has seen more than its fair share of unexpected market collapses due to surprising news about poorly run cryptocurrency businesses. This week brings yet another massive change. This time its FTX, the fourth-largest cryptocurrency exchange in the world, which until last week was regarded as a ‘mainstay’ of the sector. FTX attempted to...Read More
The bloodbath on the crypto streets continues as the short-term bounces are expected to get recked very soon. Despite a small recovery above $16,500, Bitcoin price is still speculated to drop below $15,000 with th next of the capitulation phase, which has just begun. In the meantime, the Maker (MKR) price maintains its strength and...Read More
The year 2022 is not lesser than a roller coaster ride which was experienced by most crypto assets. Additionally, the advancement of the Ripple vs SEC lawsuit also is agonising for the XRPArmy, as the agency is trying numerous ways to drag the case longer. Meanwhile, the possibility of Ripple losing the case is emerging,...Read More
Ripple’s XRP price is trending in uncharted markets as the global macroeconomic aspects fall into play. At the top list, the XRP international online community fear that the Ripple vs SEC case May go the same route as LBRY Inc’s story. Nonetheless, the entire cryptocurrency market has been trending downwards for the better part of...Read More
In the early hours today, the star cryptocurrency, Bitcoin, fluctuated between $21,000 and $20,000 before settling down around $20,700. Before this downward move, the asset had even managed to trade above the crucial mark of $21,200 and hit a high of $21,469. At the time of writing, Bitcoin has lost 2.32% in the last 24hrs...Read More
Bitcoin prices were deeply impacted by the resurgence of the bearish market trend that caused the price to plunge by more than 3.6% from the monthly highs. Meanwhile, the ongoing tussle between Binance CEO, Changpeng Zhao (CZ) and FTX CEO Sam Bankman Fried (SBF) has led the bearish wave within the crypto space. While some...Read More
More than a year has passed since the SEC and Ripple case began, and many are now wondering if there will ever be a resolution. Several legal experts have offered potential dates for when the decision will be made. However, according to the majority of legal experts who have shared updates regarding the suit, Judge...Read More
After trading in a consolidated range for two weeks, XRP has successfully geared up its price rally. The Fed’s recent interest hike of 75 basis points on November 2 kept XRP in a range-bound area as it has brought negative sentiments to the crypto market. However, the native token of Ripple Labs is witnessing bullish...Read More
High-profile defence lawyer, James Filan, has made striking predictions on the Ripple Inc vs SEC lawsuit regarding the XRP’s programmatic sales. According to Filan in a series of tweets, ‘District Judge Torres will decide both the Expert Motions and the Summary Judgment motions at the same time – on or before March 31, 2023.’ The...Read More
The Ripple vs SEC lawsuit case has attracted the attention of almost the entire cryptocurrency community. A number of crypto firms, including Coinbase, are pushing for the case to be dropped as soon as possible. However, Attorney Jeremy Hogan, in a series of tweets earlier today, noted that the Ripple vs SEC case is much...Read More
According to a KBS News report, Do Kwon, who co-founded the Terra blockchain project, is now in Europe. Fatman, a whistleblower for Terra who has been making scathing claims against Kwon and other Terraform Labs partners in recent months, learned of the information. Additionally, according to the prosecution, they have chat records that show price...Read More
Coinbase Global Inc. (NASDAQ: COIN) released its third-quarter 2022 earnings results on Thursday. According to a letter to shareholders, the company reported mixed earnings results for the third quarter. Consequently, the company’s shares closed Thursday trading at $55.80, down 8.09 percent from the day’s opening price. However, COIN shares have regained approximately 5 percent during...Read More
While the majority of crypto assets are preparing to reclaim the positions they held prior to the May 2022 crash, Cardano (ADA) is making new lows every day. Market trends and sentiments have only had a minor impact on the price, which remains bearish. After being rejected by the local resistance, the ADA price appears...Read More
Terra luna classic is now trading at 0.00023 with a 3% decrease in price over the past 24 hours. A severe downswing appears to be largely imminent as the bears appear to have tightened their grasp and try to tear LUNC price down. Since yesterday, the price has moved in a downward direction and has...Read More
According to a Forbes report, some legal experts believe the agency (SEC) had entirely failed to establish its case against Ripple’s XRP. Thousands of retail XRP holders who became involved in the case may have been a significant factor in this. Although they were not permitted to be named as defendants with Ripple, the judge...Read More
Due to Elon Musk’s acquisition of Twitter, the price of Dogecoin increased by 126% in a single week. On social media, the “Dogefather,” as he refers to himself, has regularly shown his support for Dogecoin. When the CEO of Tesla completed the acquisition of Twitter last week, he added yet another titan to his collection...Read More
The recent acquisition of Twitter by Tesla CEO Elon Musk is sparking surges in his favourite cryptocurrency Dogecoin. According to CoinMarketCap, Dogecoin has become highly traded in the crypto market as it gained over 70% in its value in the last few days and nearly 30% in the last 24 hours. Starting as a joke,...Read More
Trump has made his own Truth Social platform, on which he made the following statement: “I am extremely glad that Twitter is now safely back in sane hands, and will no longer be managed by Radical Left Lunatics and Maniacs that truly despise our nation.” Although he is overjoyed, he reportedly stated that Twitter cannot...Read More
At the start of this month, Terra Classic community passed a proposal 5234 which aimed to reduce 1.2% tax burn to 0.2% tax burn. Today, the community passed yet another proposal 6082 which is now active on the Blockchain. This proposal was passed to sort out scammers on the network. The proposal claims that Terra...Read More
Elon Musk appears to be on track to fulfill a deadline on Friday to finalize his on-again, off-again acquisition of Twitter, averting a court battle over the $44 billion agreement, which he admits is excessively priced. Musk also updated his Twitter profile to “Chief Twit” and tweeted a video of himself bringing a sink into...Read More
The world’s largest cryptocurrency by market cap has always been a risk-on asset since its inception. The currency has lost nearly 70% from its all-time high of $69,000 in November 2021. Currently, the King currency is struggling for a massive bull run. At the time of publication, Bitcoin is selling at $19,290 with a fall...Read More
XRP, the native token of Ripple Labs, seems to bring some bullish vibes to Ripple’s community as it prepares for a fresh upward rally to $0.5. Payment giant Ripple is also on the verge of winning the lawsuit against the US regulator Securities and Exchange Commission (SEC) as Stuart Alderoty, Ripple’s advocate, confirmed that the...Read More
The Cardano price previously flashed the possibility of a notable plunge below the crucial support at around $0.3. However, the asset has made an interim bounce to ignite a ‘u-shape- recovery to reclaim the levels around $0.385 before the end of the monthly trade. However, the ADA price may rise finely but a massive bearish...Read More
This month has brought less volatility for Bitcoin as it trades in a consolidated range between $18,500 and $19,600. However, the CPI data plunged Bitcoin hard to $18,190 on 13 October, but it quickly recovered from the bottom range and traded in a stabilized zone. According to Bitcoin’s market dominance, BTC formed a double bottom...Read More
It’s been observed that the meme king, Dogecoin has declined faster than the two largest cryptocurrency Bitcoin and Ethereum. Since its all-time high of $0.731 which was hit in May 2021, Dogecoin has lost nearly 92% from its current price. At the time writing, Dogecoin is selling at $0.0593 after a surge of 2.57% in...Read More
On Oct 18 the crypto market had shown a sign of rally with Bitcoin, the world’s largest cryptocurrency by market cap, had reached $19,600 area. However, just a day after the flagship currency started its downward journey which is now trading slightly above $19,000. At the time of publication, Bitcoin is selling at $19,158 with...Read More
The U.S. Securities and Exchange Commission (SEC) finally handed over the Hinman documents in compliance with the court order- which marks a major victory for Ripple. Stuart Alderoty, the general counsel at Ripple, revealed that the company now has the Hinman records, including internal SEC emails and manuscripts of his controversial 2018 speech, after more...Read More
Despite significant advancements in energy efficiency and sustainability, Bitcoin’s energy consumption has increased by 41% year over year (YoY). However, there are worries the increase may prompt regulators to crack down on crypto mining. As a reward for validating transactions and protecting the network, crypto mining is one of the primary ways that people can...Read More
At the time of publication, Bitcoin is changing hands at $19,181 after a plunge of 0.50% over the last 24hrs and this bearish movement has been observed for more than two months now. A few days back, the flagship currency surged above $19,500, but the bulls couldn’t maintain the pace. Bitcoin started its downward journey...Read More
The crypto market’s lack of volatility has been one of the most discussed topics among traders and investors, especially that of Bitcoin. In the past few weeks, Bitcoin has been trading between $18,000 and $19,000. Currently, Bitcoin is changing hands at $19,126 after a drop of 0.55% over the last 24hrs. Immediate resistance is around...Read More
