The U.S. Securities and Exchange Commission (SEC) experienced a setback in its legal battle against Ripple, a prominent digital payment protocol and cryptocurrency (XRP). The SEC’s motion to appeal a previous loss was denied by District Judge Analisa Torres, sparking various reactions within the crypto community and impacting XRP’s market position. Let’s delve into the details of this case and […]

A recent analysis by an analyst has painted a clearer picture of just how volatile the crypto market has been, especially for those who took their chances on lesser-known altcoins a few years back. The analyst studied the top 100 cryptocurrencies as they stood in December 2017 and found that the fortunes of these digital assets varied significantly over the […]

The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has sanctioned crypto wallets allegedly connected to individuals and companies involved in the production of fentanyl. In an Oct. 3 notice, the U.S. Justice Department announced indictments against several China-based chemical manufacturers as well as many of their employees, who allegedly used crypto transactions as […]

Over the last month, a number of XRP price predictions have dominated crypto headlines. Some of these predictions have been greatly exaggerated, but there have been some that have come up on the more realistic side. Whether or not these XRP price predictions have been probable, there are some merits to actually paying attention to them. XRP Price Predictions Signaling […]

Shiba Inu (SHIB) tokens worth a staggering $3.2 million have made their way onto Coinbase, according to recent data on Etherscan. This substantial transaction, involving a jaw-dropping 425 billion SHIB tokens, has raised eyebrows within the cryptocurrency community.  The timing of this move couldn’t be more intriguing, as Shiba Inu has been experiencing a rollercoaster ride alongside the broader crypto […]

Once acclaimed as the crypto monarch of America, Sam Bankman-Fried of FTX will confront allegations of engineering one of the nation’s largest financial deceptions in a trial set for today. The FTX CEO has recently sued its insurance provider CNA. Also, before the trial, SBF’s lawyers requested the court to block testimony from FTX users. The judge assured that FTX […]

The criminal trial of former FTX CEO Sam Bankman-Fried (SBF) is currently underway in New York, and his legal team has filed motions aiming to ban testimony from users and investors in the exchange. In separate Oct. 2 filings in United States District Court for the Southern District of New York, SBF’s lawyers opposed pre-trial motions from prosecutors requesting FTX […]

Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25. According to the October 3 announcement, the exchange will close all outstanding BUSD loan and collateral positions by the end of the month. Users would still be able to borrow and lend on Binance using stablecoins such as Tether (USDT), Dai, […]

Bitcoin (BTC) and gold, two seemingly divergent assets, find common ground in the eyes of veteran macro investor Luke Gromen. In a recent interview, Gromen posits that these assets could flourish as the fiscal challenges in the United States continue to mount. Gromen’s argument hinges on the idea that both gold and Bitcoin are “duration assets” with fixed supplies and […]