The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple has consistently argued that XRP is a currency, not a security, and therefore should not be
Crypto
Recently, XRP experienced a significant price spike that caught the attention of many analysts and investors. This spike, which saw the price of the token reach an all-time high of $74, was attributed to a glitch on the Atlantis Exchange platform. While some users were excited about the sudden surge, it was quickly discovered that
Cardano’s development and utility have been under intense scrutiny lately, particularly regarding the Hydra project. This layer 2 scalability solution is designed to improve transaction speed, reduce costs, and enhance Cardano’s overall functionality. Despite concerns within the community, Charles Hoskinson has reassured the public that the project is still actively being developed. The co-founder emphasized
Bitcoin recently reached a new all-time high of over $73,500 before dropping to $65,000 and now recovering to over $68,600. This volatility in price is not uncommon in the world of cryptocurrency. The upcoming Federal Open Market Committee (FOMC) meeting on March 20 could potentially drive another price surge for Bitcoin. If America’s central bank
This past weekend was a tumultuous one for the crypto market, particularly for Bitcoin. The leading cryptocurrency experienced a sharp decline, plunging to a ten-day low of under $65,000. This came after a period of bullish momentum that saw BTC reaching a new all-time high of $73,800 on Thursday. However, the euphoria was short-lived as
XRP, the digital asset associated with Ripple, has recently experienced a dip in its price, falling to $0.63 according to CoinGecko’s data. This marks a 5.5% decrease in a 24-hour period, as part of the broader market correction that affected many cryptocurrencies. Despite this setback, analysts are optimistic about XRP’s future prospects. According to analysts
The cryptocurrency market is constantly evolving, and new tokens are frequently introduced with the potential to become overnight sensations. The latest addition to the meme coin world is BOOK OF MEME (BOME) on the Solana blockchain. Since its debut, BOME has seen an astonishing price increase of nearly 5,000% and a trading volume exceeding $350
Bitcoin recently hit a new all-time high of nearly $74,000, just hours after dropping below $72,000. This surge comes after a strong end to the previous week, where Bitcoin broke the $70,000 barrier for the first time, only to experience a slight retracement. Despite this setback, Bitcoin bulls quickly recovered ground over the weekend, leading
MakerDAO, a leading DeFi lending protocol, has recently announced its ambitious ‘Endgame’ plan, set to launch in summer 2024. This first phase will see the rollout of a series of major features aimed at driving growth and establishing a virtuous cycle of Dai adoption. The introduction of SubDAOs, new tokenomics, a rebranded image, and innovative
Ethereum’s price has been on a rapid rally in the past few weeks, breaking through multiple resistance levels. However, the price has now reached a significant level that may act as a barrier for further growth. The daily chart shows a steady increase in price, with higher highs and lows. The market has also moved
