Ripple Price Analysis: Bears In Action Below $0.365

Ripple price is struggling below $0.380 against the US Dollar, similar to bitcoin. XRP price must stay above $0.3400 to avoid more downsides in the near term. Ripple Price Analysis This past week, ripple price saw a bearish reaction from the $0.3950 zone against the US Dollar. The XRP/USD pair declined below the $0.3800 support zone to move into a […]

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Israeli court rules authorities can seize crypto in 150 blacklisted wallets

Tel Aviv’s Magistrate Court has reportedly issued a ruling allowing Israel’s government to seize all the crypto in more than 150 digital wallets that it hablacklisted for allegedly funding terrorist groups.  According to a Dec. 18 local Israeli media report, Israeli Defense Minister Benny Gantz says the court’s Dec. 15 ruling has already allowed authorities to seize a further $33,500 from […]

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Polkadot Reaches Bearish Exhaustion And Could Reverse At $4.86

Polkadot (DOT) price has been trading above the $5.00 support since November 9. The cryptocurrency price has been fluctuating between $5.07 and $6.00. Polkadot price long-term analysis: bearish However, the resistance at $5.50 or the 21-day line SMA had slowed down the rising movements. Nevertheless, sellers will retest the $5.00 support to break it for the fourth time. Each time […]

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Corporate America has finally taken notice of Web3 — US trademark lawyer

This year saw an influx of trademark applications filed by various companies looking to get in on the Web3 action. By November, a total of 4,999 trademark applications had been filed in the United States for cryptocurrencies and digital-related goods and services — according to United States Patent and Trademark Office-licensed trademark attorney Mike Kondoudis.  Kondoudis believes the future of […]

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US Financial Stability Oversight Council urges congressional action on crypto

Officials with the United States Financial Stability Oversight Council, or FSOC, have recommended U.S. lawmakers pass legislation aimed at addressing regulatory gaps for crypto-related activities. In its annual report released on Dec. 16, the FSOC recommended members of Congress pass legislation granting “explicit rulemaking authority for federal financial regulators over the spot market for crypto-assets,” noting that tokens previously identified […]

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SOL Plummets 10% Following $2 Million Exploit on Solana-Based DEX

SOL token lost 9.5% Friday to trade at $12.82 – according to CoinMarketCap – after Solana-based decentralized exchange Raydium was compromised for $2.2 million. In an afternoon tweet on December 16, Raydium protocol wrote that the hacker overrode owners’ authority in the liquidity pools. “An exploit on Raydium is being investigated that affected liquidity pools,” the tweet read. The post, […]

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Only for foreign trade: Bank of Russia stands against free crypto investment

The Russian central bank is ready to consider allowing cryptocurrency use within the country but only as part of a legal experiment, governor Elvira Nabiullina said. “It’s possible to consider transactions through an authorized organization in the country as part of an experimental legal regime, but that would require a relevant law,” Nabiullina stated during a press conference of Bank […]

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