TL;DR Ripple was fined $125 million, far less than the $2 billion the SEC initially sought, leading to a 20% spike in XRP’s price. The […]
Bitcoin Dominance Skyrockets to 3-Year High as BTC Maintains $60K (Weekend Watch)
Bitcoin’s price was stopped ahead of $63,000 but has managed to defend the $60,000 level after an immediate retracement. The altcoins are quite sluggish on […]
Shiba Inu (SHIB) Presents Buying Opportunity, Yet Rally Could Be Delayed
Shiba Inu (SHIB), the second most valuable meme coin, was not exempted from the market bloodbath that occurred on August 5. A few days later, […]
SEC Delays Decision on Hashdex’s Spot Bitcoin-Ethereum ETF, Extends Review Until September
The US Securities and Exchange Commission (SEC) has extended its review period for Hashdex’s proposal for a combined spot Bitcoin and Ethereum exchange-traded fund (ETF). […]
CFTC Awards Over $1M to Whistleblower for Important Tip in Crypto Trading Case
The Commodity Futures Trading Commission (CFTC) has awarded over $1 million to a crypto whistleblower. According to an August 8 press release, the whistleblower’s information […]
Ripple Initiates RLUSD Stablecoin Beta Testing on XRP Ledger and Ethereum Mainnet
Ripple, the financial technology firm behind the XRP cryptocurrency, has initiated testing of its much-anticipated stablecoin, Ripple USD (RLUSD). According to its official announcement, the […]
Donald Trump Jr. Sets Sights on Banking Reform with Upcoming DeFi Project
Former President Donald Trump, now a presidential candidate, has made Bitcoin a central focus of his campaign, promising to make the US a global crypto […]
Crypto Whales Bought These Altcoins in the First Week of August 2024
Every week, irrespective of the market condition, crypto whales tend to load more on most of their position. The first week of August 2024 has […]
USDT Issuer Tether to Expand Workforce to 200 Employees by Mid-2025
Stablecoin issuer Tether intends to double its workforce within the next year to strengthen areas such as compliance. By mid-2025, the company behind the USDT […]
Massive Bitcoin and Crypto Crash and Epic Recovery: This Week’s Recap
This week saw one of the most dramatic crashes in the cryptocurrency market—one that we hadn’t seen since the collapse of FTX in November 2022. […]