The ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission has been a topic of interest since it first began in 2020. The trial is still ongoing, with no clear end in sight, leaving many in the cryptocurrency community wondering about the potential outcomes and repercussions. The central issue at hand
Crypto
The market intelligence platform Santiment recently outlined the top 10 Artificial Intelligence (AI) cryptocurrencies that have shown the most development activity over the last 30 days. NEAR Protocol (NEAR) leads the list with an index of 173.5, followed by The Graph (GRT) and Oasis Network (ROSE) with ratios of 143.5 and 101.1, respectively. Interestingly, some
The AVAX native token for the layer-1 blockchain Avalanche has experienced a significant decline in value, plunging more than 10% in a single weekend to reach its lowest level since December 2023. In the past 24 hours alone, the token has dropped from $27.87 to a six-month low of $24.92, as reported by CoinGecko. This
The month of May witnessed a significant milestone in the cryptocurrency industry, with a total of 156 investments amounting to approximately $1.02 billion. Ethereum emerged as the dominant player in this surge of investments, signaling growing investor confidence in the digital asset market. In a surprising turn of events, Nigerian authorities decided to drop tax
The trading volume of Tether (USDT) on the TRON network has reached an incredible $53 billion, outpacing Visa’s average daily trading volume for Q1, 2024. This milestone is significant considering Visa’s status as a global payment processing giant with operations spanning across more than 200 countries and regions. The surge in value and utilization of
Standard Chartered, a British multinational bank, is making waves in the financial world by announcing its plans to launch a trading desk for Bitcoin and Ether. This move positions the bank as one of the pioneers among global financial institutions to delve into spot cryptocurrency trading. The decision comes after engaging with various players in
Bitcoin has long been considered a key player in shaping overall market trends within the cryptocurrency space. The actions of long-term Bitcoin holders have often been used as a barometer for the market cycles, with their decisions to buy or sell influencing the direction of the market. However, in recent months, a notable shift in
In the recent 24-hour period, the cryptocurrency market has shown signs of recovery after experiencing losses in the past few days. Major digital assets like Bitcoin, Ethereum, and Ripple have seen slight gains, while AI-related coins such as Fetch.ai have surged by double digits. Whale Sell-Offs Impact One notable case is the meme coin Beercoin
In the past 24 hours, XRP experienced a slight decline from its recent high above $0.50, after making a comeback in the market. Despite this minor setback, XRP managed to erase its weekly losses, making it the only top cryptocurrency in the green for the week. At the same time, there has been a noticeable
Infamous ex-convict Martin Shkreli has recently found himself in hot waters yet again, this time in the world of cryptocurrency. Shkreli, who previously served time in prison for financial-related frauds, has now come forth with a shocking confession regarding his involvement in the creation of the new Donald Trump-themed token DJT. This revelation has stirred
