While the SEC has not taken a stand about Ethereum’s legal status, Prometheum has announced plans to provide custody for ETH as a digital asset security. Per a recent report from Fortune Crypto, the SEC could be forced to label Ethereum (ETH) a security. This comes after Prometheum, a U.S.-registered securities platform, announced the launch…
Grok, the AI chatbot developed by Elon Musk’s team, has identified instances where executives from Ripple have promoted XRP as a prospective global reserve currency. In a recent post, the pro-XRP influencer behind the X account “Digital Asset Investor” shared a screenshot of a conversation featuring Grok’s responses regarding XRP in the context of reserve…
After weeks of range-bound motion, the price of XRP might finally be making moves for a major breakout. XRP has been one of the major coins put up for discussion, mostly on crypto X, over the past few weeks. The relatively lower performance of the asset compared to its peers has sparked some dissension among…
Ripple CTO David Schwartz has admitted that the company misses its former employee, Justin Sun. In the early years of his journey in the blockchain industry, Tron founder Justin Sun worked at Ripple, even landing a role at the company ahead of now-Ethereum founder Vitalik Buterin. Justin Sun recently shared that little-known story with his…
The lead developer of Shiba Inu finally confirms community speculation, breaking the silence on X after weeks of no posts. Shytoshi Kusama, the foremost figure of the Shiba Inu development team, has finally reacted on the social media platform X to “confirm” with community members. While Kusama Was Away Kusama’s posts come after nearly a…
Despite the SEC scoring a victory against Ripple that could pave the way for an injunction, Attorney Bill Morgan says such a ruling cannot restrain ODL customers from using the solution. With Magistrate Sarah Netburn granting the SEC’s motion to compel, legal experts have commented on the possibility of an injunction being imposed against Ripple…
XRP might be struggling to sail the current market turbulence, but whales have moved to open bullish long positions amid the liquidation of over $453,000 in shorts. XRP’s journey has not been pretty in recent times, with a host of bearish developments compounding existing investor angst. Some of these developments include a rare SEC win…
David Schwartz, the CTO of Ripple, has recently commented on the recent actions from several XRPL validators causing the implementation delay of the automated market maker (AMM). In an X Spaces session hosted by XRPL dUNL validator Vet, the Ripple CTO expressed his satisfaction with the manner in which the broader XRPL community handled the…
The ongoing legal tussle between the U.S. SEC and Ripple has garnered significant attention recently, with top experts speculating on the potential outcome of the lawsuit. In the latest development, XRP enthusiast Ashley Prosper, who previously filed a FOIA request with the SEC regarding its communication with JPMorgan about Ripple and XRP, has shared seven…
As 2024 unfolds, discussions about an upcoming bull run are growing among crypto enthusiasts. The rise of altcoins offers diverse opportunities for those looking to broaden their digital currency portfolios. Based on data collected from various resources, this article will list and cover the top altcoins to buy for the 2024 crypto bull run. We…