Prominent figures in the XRP community have raised concerns amid Ripple’s president’s unclear response to an inquiry about XRP adoption following the XRP lawsuit victory. In a recent interview with the Chain Reaction Pod, Ripple president Monica Long faced a critical question regarding the implications of the U.S. court ruling that classified XRP as not…
The crypto expert predicts that magistrate Sarah Netburn will deny the SEC’s motion to compel certain post-complaint discovery in the Ripple lawsuit. Following Ripple’s opposition to the SEC’s motion to compel, crypto enthusiasts have taken to the X platform to speculate how Magistrate Sarah Netburn will rule on the matter. SEC and Ripple Positions on…
Market analyst EGRAG remains confident of an XRP rally to $5, recently calling attention to crucial resistance levels to watch as the token navigates the tumultuous path. EGRAG’s latest analysis on this subject featured a complex chart detailing XRP’s current market situation. He called attention to a set of two parallel ascending channels, a blue…
Ripple has filed an opposition to the SEC’s motion to compel certain post-complaint discovery. Famous crypto payments company Ripple has filed an opposition to the SEC’s motion to compel. SEC Requests Post-Complaint Documents For context, the SEC v. Ripple lawsuit attracted investors’ interest on January 11 when the plaintiff filed a motion in a New…
We live in a digital age. Cryptocurrencies have occurred as a disruptive force. Especially in the world of technology and finance. The global economy has become dependent on digital transactions and blockchain technology. So, the demand for professionals with expertise in cryptocurrencies is on the rise. This article shows the reasons why universities should integrate…
Vitruveo, the groundbreaking blockchain platform designed exclusively for creators, proudly announces a significant milestone, having exceeded $1 million in NFT (Non-Fungible Token) sales. The achievement marks a momentous step forward for the ecosystem, which has rapidly gained traction within the creator and Web3 community. This remarkable accomplishment reflects the growing demand for Vitruveo’s unique approach…
The cryptocurrency market is currently showing a cautiously optimistic sentiment, despite a recent decline in Bitcoin’s value. This optimism is reflected in the positive funding rates of the perpetual futures market tied to the CoinDesk 20 Index (CD20), which includes major cryptocurrencies. The CD20, a broad market benchmark, has seen substantial trading volume, indicating active…
A Bitcoin whale recently dumped a whopping 59,000 BTC worth over $2.4 million after three to six months, essentially netting an impressive profit of $885 million. Bitcoin has continued to trade within a bearish trend since it collapsed on Jan. 12, bringing down the rest of the crypto market with it. This discouraging slump wiped…
Bitcoin (BTC) achieved a jaw-dropping feat as its hash rate surged to 500 exahashes per second, stirring a reaction from Tesla founder Elon Musk. The development was shared in a tweet today by Yassine Elmandjra, the Director of Digital Assets at leading asset management firm Ark Invest. According to Elmandjra, Bitcoin’s hash rate reached a…
On-chain data has hinted at the factors causing Bitcoin’s value to regress amid the presence of institutional players. Over the past week, Bitcoin experienced more pronounced declines, contrary to expectations following the approval of the Bitcoin spot ETF. Bitcoin nearly retested $49k on January 11 after the spot BTC ETF approval. This clearance has ushered…