XRP, the cryptocurrency associated with Ripple, saw a significant price increase last week following a court ruling in the Ripple v SEC case. This surge brought XRP’s price to almost $0.64 with a market capitalization of over $35 billion. However, despite this initial success, the price of XRP has since experienced a slight decline, currently
As bitcoin experiences a downward trend, analysts are closely examining technical indicators and signals to determine the direction in which it may move next. According to CoinGlass, a crypto derivatives data provider, the liquidity heatmap indicates key first-test lines at approximately $56,800. A bounce off this level could lead to testing higher prices, while a
Samsung has recently announced its partnership with Illuvium at Gamescom 2024, with the aim of transforming home entertainment by integrating Web3 technology. This collaboration is set to bring the Illuvium gaming world directly to living rooms through Samsung’s innovative Web3 TVs, allowing players to immerse themselves in the three core games – Overworld, Arena, and
Gemini co-founder Tyler Winklevoss recently took to X to express his disapproval of Vice President Kamala Harris’ supposed “reset” of her crypto stance, labeling it as a “scam”. This critique follows Winklevoss’ previous criticism of Harris for skipping a roundtable discussion with crypto leaders. In his post, Winklevoss specifically pointed out the Federal Reserve’s enforcement
Semilore Faleti is a talented cryptocurrency writer who has made a name for himself in the field of journalism and content creation. With a specialized focus on blockchain technology and digital assets, Semilore has demonstrated a deep understanding of the complexities and intricacies of the cryptocurrency space. His dedication to educating and informing his audience
Recently, Ripple found itself in the midst of a legal battle with the SEC over alleged violations of securities laws. The lawsuit concluded with the company being ordered to pay a $125 million fine, significantly less than the initial $2 billion demanded by the regulator. This outcome was viewed by many in the industry as
In a recent comparison between Ethereum (ETH) and Solana (SOL), a renowned crypto analyst reignited the debate on which cryptocurrency is superior. The analyst, Peter Brandt, highlighted the fundamental characteristics, strengths, and weaknesses of both altcoins to determine a clear winner in the competition. Brandt’s analysis revealed several vulnerabilities within Ethereum, despite its position as
Coinbase, a leading cryptocurrency exchange, has taken a strong stance against the US Commodities Futures Trading Commission (CFTC) proposal that could potentially impact prediction markets such as Polymarket. By criticizing the broad and unclear definition of “gaming” in the proposal, Coinbase’s Chief Legal Officer, Paul Grewal, argues that the proposal goes beyond the Commission’s statutory
Grayscale Research has recently released a report suggesting that Bitcoin could reach its all-time high later this year. This prediction is contingent upon the U.S. economy avoiding a potential recession. The report highlights a period of stabilization in both the cryptocurrency market and broader financial markets following sharp declines in early August. Analysts at Grayscale
Shibarium, the layer-2 scaling solution for Shiba Inu, has been making significant progress in terms of transaction speed, scalability, and cost reduction. The recent announcement of a hard fork with the new Bor version showcases the platform’s commitment to continuous improvement and development. The Bor layer plays a crucial role in validating and securing transactions
