Attorney Bill Morgan notes that the legal tussle over whether XRP is a security has officially come to an end. In a tweet yesterday, top Australian lawyer Bill Morgan declared that the war over the non-security status of XRP has officially ended. The pro-XRP lawyer made this known in response to the SEC’s latest motion…
The SEC and Ripple have filed new motions relating to the remedies phase of their ongoing legal battle. Both the SEC and Ripple have been quiet for over a month since a federal court issued the scheduled order for the remedies phase of their ongoing lawsuit. The parties have remained silent for nearly two months,…
Circle, the Boston-based company that manages the USDC stablecoin, has filed for a U.S. initial public offering (IPO) in a confidential submission. Per a recent report from Reuters, the company aims go public after a failed move to form a merger with a special-purpose acquisition company (SPAC) in 2022. The Crypto Basic reported last November…
The popular Artificial Intelligence (AI) resource Google Bard has shared insights into the potential timeline for Shiba Inu (SHIB) to soar to the price targets of $0.0001 and $0.001. The Crypto Basic’s inquiries into this feat hinges on several predictions from experts that suggest brighter days are ahead for the crypto asset. At the time…
EGRAG, a seasoned market analyst, has set multiple XRP price targets at $1.2, $2.2, $5.8, $11, $33, and $220, stationed at pivotal Fibonacci levels amid recent bullish SMA cross. The prominent chartist revealed this while discussing XRP’s current position and its potential to record bullish price surges in the future. The analyst called attention to…
Bloomberg analyst Eric Balchunas is confident that the SEC will approve a physically-settled Ethereum ETF application in May 2024. Following the approval of 11 Bitcoin spot-based exchange-traded funds yesterday, market pundits have predicted the potential date for the approval of a similar product for Ethereum (ETH). Odds of Ethereum ETF Approval in May Pegged at…
Shiba In on the Rise: Big Whales, Led By Tron Founder Justin Sun Lock 2.39 Trillion SHIB in Private Wallets. Major crypto whales have stockpiled Shiba Inu over the past months, setting the stage for an anticipated rally that has ultimately materialized. According to CoinMarketCap data, Shiba Inu is up by at least 12.63% over…
In the ever-evolving landscape of cryptocurrencies, 2024 presents a fascinating array of low cap coins that are making significant waves. As larger cap and major cryptocurrencies soar to higher prices, the appeal of low cap coins becomes increasingly enticing for crypto enthusiasts. These lesser-known coins offer unique opportunities, often at more affordable entry points like…
Of the many stakeholders involved in the race to secure approval for the spot Bitcoin Exchange Traded Fund (ETF) in the US, industry leaders are particularly praising the effort of Grayscale Investments. Though many are celebrating the historic milestone on record in the US, the 11 asset management firms that fought for this product are…
Ripple CEO Brad Garlinghouse has voiced concern over the widespread circulation of deepfake scams on YouTube and the X (formerly Twitter) platform. According to Garlinghouse, the Ripple team has reported the deepfake scam video on multiple occasions. However, he noted that both X and YouTube have refused to take action to protect unsuspecting investors. “Completely…