Ripple’s XRP has gained significant attention and popularity in the cryptocurrency space. However, the ongoing lawsuit between the United States Securities and Exchange Commission (SEC) and Ripple has impacted its price. Despite the lawsuit, analysts have predicted various future price scenarios for XRP. In this article, we will explore some of the most interesting predictions
During recent weeks, alarming details have emerged surrounding an exploit targeting FTX, a popular cryptocurrency exchange. The exploit resulted in substantial losses, with one particular address connected to the hack, known as 0x3e9, transferring more than 10,000 Ether (ETH) across various addresses. This article delves into the exploit and its consequences, shedding light on the
Arbitrum, a prominent Layer 2 solution for the Ethereum blockchain, has taken a significant step by adding the unclaimed tokens from the Arbitrum airdrop to its network’s treasury. This move by the Arbitrum Foundation marks an important milestone for the project and its community. On September 24th, the Arbitrum Foundation made an official announcement on
Bitcoin, the leading cryptocurrency, has experienced a significant reduction in trading volume and market liquidity this year. This decline in liquidity poses a potential risk for Bitcoin, as it could lead to a steep correction in its price. Market analysts have pointed out the impact of dwindling liquidity on Bitcoin’s stability and the potential consequences
Bitcoin price is once again facing a downward trend, breaking below the crucial $26,500 support level. This decline comes after an unsuccessful attempt to surpass the $27,500 resistance level. The failure to breach this level has put BTC at risk of further losses in the near term. BTC is currently trading below the $26,500 mark
Bitcoin traders have experienced a relatively calm week with an air of caution in terms of price action. This cautious sentiment has not only affected trading activity but has also significantly impacted trading volumes on major cryptocurrency exchanges. Both spot Bitcoin trading and Bitcoin derivatives trading volumes have experienced a considerable decline from their levels
Bitcoin, the leading cryptocurrency, has historically experienced periods of dull price performance during the weekends. This trend continued during the most recent weekend, with little-to-no actual movements in its price. However, what is particularly noteworthy is the uncharacteristic stability observed in altcoins on a daily scale, with minimal fluctuations in their prices. Despite this overall
India’s crypto ecosystem has received a glimmer of hope following the conclusion of the G20 summit. The summit, which represents the most influential economies worldwide, has fully endorsed the recommendations from the IMF and FSB as a Synthesis paper. These guidelines aim to provide a clear path for the policy and regulatory framework for crypto
A recent class action suit has targeted Fenwick & West, a law firm that previously provided services to FTX. However, in response, Fenwick has filed a legal defense seeking to dismiss the lawsuit. Let us delve into Fenwick’s arguments and analyze the grounds on which they defend themselves. First and foremost, Fenwick contends that the
In the midst of bearish market conditions, Polkadot (DOT) is strategically positioning itself for future success. Instead of succumbing to speculation, the network has made a conscious effort to prioritize technological advancement. This new approach was evident in the multiple presentations given by Polkadot, which highlighted their ongoing efforts and ambitious goal of achieving 1,000
