In a recent video statement, Ripple CEO Brad Garlinghouse took a strong stance against the U.S. Securities and Exchange Commission (SEC), accusing it of spreading confusion and stifling innovation in the crypto space. Garlinghouse’s comments come in the wake of the unsealing of documents related to the now-infamous 2018 speech by former SEC official Bill Hinman. Hinman introduced new factors […]

As the Bitcoin price continues to struggle, some metrics have begun to emerge that could mean that the current bearish trend is only temporary. The realized profit and loss levels for BTC have continued to fall over the last six months and have now hit a level that suggests the start of another upward rally. Bitcoin Realized Profit And Loss […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 An IIT Kanpur student named Shubransh Nayak and several of his friends were detained by Naupada police after evidence emerged they were involved in a crypto fraud scheme. Naupada Police Investigate Crypto Scam A police report issued the following statement: The initial complaint is of […]

Payment processor company Mastercard has recently filed a trademark application for a range of tools related to cryptocurrencies and blockchain technology, signaling its continued interest in digital currencies.  The application, brought to the user’s attention by patent attorney Mike Kondoudis, suggests that Mastercard is planning to create software for cryptocurrency and blockchain transactions, aiming to connect virtual asset service providers […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Ethereum price is eyeing an upside break above the $1,760 resistance against the US Dollar. ETH price is now trading above $1,720 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $1,725 on […]

After a long pause, the Bitcoin ETF mania seems to have bounced back with the world’s largest asset manager BlackRock, applying with the U.S. Securities and Exchange Commission (SEC) for approval to launch its spot Bitcoin exchange-traded fund (ETF). This development came just days after the U.S. Securities and Exchange Commission (SEC) took legal action against major exchanges Coinbase and […]

A massive Bitcoin transaction was spotted on the blockchain recently, indicating a whale may be moving their funds into self-custody. Data shows a Bitcoin whale has withdrawn $395.8 million from Binance to an unknown wallet, a sign that may be bullish for the cryptocurrency’s price.  Massive Bitcoin Transaction Spotted on the Blockchain According to the data provided by Whale Alert, […]

According to a Reuters report, Crypto entrepreneur Do Kwon, the former CEO of Terraform Labs, has been sentenced to four months in prison by a court in Montenegro for allegedly using forged passports.  Crypto Mogul Faces Jail Time For Passport Forgery Kwon, who is charged with multibillion-dollar fraud in the United States and is wanted by South Korean authorities on […]

The International Monetary Fund has presented the outlines of a “new class” of cross-border payment system that uses a single ledger to record central bank digital currency (CBDC) transactions, programmability and improved information management.  IMF officials chose a roundtable on CBDC policy to reveal their new platform concept on June 19. At the event, held in conjunction with the central […]