The recent legal battle between Ripple and the Securities and Exchange Commission (SEC) has been a major topic of discussion in the cryptocurrency industry. The court ruling on Ripple’s XRP token has significant implications for the market, and its outcome has led to mixed reactions among investors. Understanding the Initial Reaction and Its Short-Lived Gains
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In the second quarter of 2023, the cryptocurrency market experienced a notable shift as Bitcoin’s dominance increased in comparison to altcoins, which faced significant losses. According to CoinGecko’s industry report released on July 18, Bitcoin (BTC) and Ether (ETH) continued to build upon their gains from the previous quarter. However, other cryptocurrencies like Binance Coin
The recently published “Q2 2023 Signals Report” by Fidelity Digital Assets presents a positive outlook for Ether (ETH) in the coming months and the long term. Fidelity’s analysis is based on several factors that contribute to the bullish stance on Ether. One significant factor highlighted by Fidelity is the network’s higher burn rate compared to
Futureverse, a pioneering company in the rapidly expanding metaverse industry, has recently celebrated the successful closure of a remarkable $54 million Series A funding round. Spearheaded by strong support from 10T Holdings, LLC and Ripple, this funding round serves as a testament to the innovative vision embraced by Futureverse. The company’s mission centers around empowering
Mahe, Seychelles, July 18th, 2023 – In a momentous development, the highly sought-after token $TET has made its way onto the prestigious MEXC Exchange, arousing excitement among investors and traders worldwide. This listing not only signifies a significant milestone for the Tectum project but also opens up a plethora of thrilling opportunities. At precisely 3
TaxNodes, a platform dedicated to calculating taxes on cryptocurrency profits and facilitating Income Tax Return (ITR) filing, is taking a groundbreaking step in India. They have recently announced an initiative to provide complimentary Non-Fungible Tokens (NFTs) to all eligible customers who file their ITR for crypto gains through their platform. This move aims to express
Bitcoin (BTC) has displayed resilience as it remains above the $30,000 support level on July 17, defying expectations of a potential drop. The lack of volatility in the BTC/USD pair over the weekend indicates a stagnant market with no significant catalysts for change in risk assets. This article delves into the current state of Bitcoin’s
Blockchain analytics firm, IntoTheBlock, has recently conducted an analysis of on-chain data revealing that nearly 29% of all circulating bitcoins have remained untouched for over five years. This significant portion of unmoved assets has sparked discussions among analysts, suggesting the possibility of lost coins within the cryptocurrency ecosystem. Bitfinex, a major cryptocurrency exchange, also reported
The cryptocurrency exchange giant, Binance, has recently announced the successful integration of the Bitcoin Lightning Network (LN) for its deposits and withdrawals activities. This move is seen as a significant step towards improving user experience and addressing scalability issues in the crypto trading world. By adopting the LN payment protocol built on Bitcoin, Binance joins
In a major breakthrough for Ethereum layer-2 scaling solutions, zkSync Era has introduced Boojum, a groundbreaking proof system based on the Scalable Transparent Argument of Knowledge (STARK). This system is poised to enhance the efficiency and accessibility of Ethereum scaling protocols by leveraging zero-knowledge rollups (ZK-rollups). Boojum, a Rust-based cryptographic library developed by zkSync, implements
