Back in July, Judge Analisa Torres declared that XRP programmatic sales should not be classified as securities. This ruling initially caused a rally in the price of the XRP token, as it provided clarity and relief to investors. However, as time has passed and the United States Securities and Exchange Commission (SEC) has begun to
Bitcoin
The world of cryptocurrency has witnessed a significant surge in the value of Artificial Intelligence (AI) tokens. With chipmaker Nvidia attaining an all-time high, it becomes clearer that their investment in the AI sector has paid off. As per the latest data from crypto market tracker Coingecko, AI-based cryptocurrencies have recorded double-digit gains. This article
The crypto space is on the brink of a potentially historic moment as the first Ethereum Futures ETF in the US is set to launch. Volatility Shares, a pioneer in the ETF space, has announced its plan to introduce the Ether Strategy ETF (Ticker: ETHU) on October 12, 2023. This could mark the first Ether-based
Bitcoin, the world’s leading cryptocurrency, has been experiencing a period of unusually low volatility. With the price hovering around $29,000, experts are closely monitoring the market for signs of a potential breakout. This prolonged period of stability is reminiscent of a similar phase in 2016, indicating that a significant price movement may be on the
Bitcoin mining has been experiencing significant growth in recent times, with the blockchain network reaching an all-time high in hash rate during the second quarter of this year. This surge in mining activity has resulted in an increase in mining revenue, driven by a spike in transaction volume for Bitcoin. Riot Blockchain, one of the
The blockchain community has witnessed a significant surge in interest and enthusiasm for Toncoin (TON). This digital currency has quickly gained popularity due to its innovative solutions to long-standing problems in decentralized finance. Presently, TON is trading at $1.46, showing an impressive 10.4% increase in the past 24 hours. Coingecko’s data also reveals a remarkable
The native token of GMX, a decentralized perpetual exchange for trading complex crypto derivatives, is currently facing intense selling pressure. As of August 11, the governance token has experienced a 7% decline in value, resulting in monthly losses of 24%. This significant downturn has brought prices close to $40, which marks a critical support level
The Ethereum price has encountered a correction phase after struggling to break through the resistance levels at $1,875 and $1,880 against the US Dollar. Similar to Bitcoin, Ethereum experienced a gradual decline below the $1,850 pivot level. If the bearish trend continues, Ethereum could drop towards the $1,820 support level. This critical juncture is where
Ripple’s recent legal victory against the United States Securities and Exchange Commission (SEC) has not only boosted market sentiment but has also ignited a surge in activity on the blockchain. In a significant development, XRP has now surpassed Ethereum in terms of daily transactions carried out on the Ripple Ledger. This milestone showcases the resilience
ARK Invest CEO Cathie Wood has recently made a bold prediction that has set the financial world abuzz. Wood suggests that the United States Securities and Exchange Commission (SEC) may grant approval for multiple Spot Bitcoin exchange-traded funds (ETFs) simultaneously. This departure from the conventional sequential approval process could revolutionize the regulatory landscape and open
