Brad Garlinghouse, CEO of Ripple Labs, responded to the recent California court decision regarding the class action lawsuit involving XRP. In a post, Garlinghouse highlighted the misleading nature of some headlines about the ruling. He stated, “All class action claims in the suit were DISMISSED, and absolutely nothing in the decision negates or changes the […]
Ripple CEO Clarifies Court Ruling on XRP Class Action Lawsuit Read More »
Ripple Labs achieved a significant procedural victory in the ongoing class action lawsuit at the US District Court for the Northern District of California. A federal judge in Oakland has granted the company’s motion for summary judgment on both federal and state class claims regarding allegations of unregistered securities. This win effectively ends the class
Ripple Wins Major Court Victory in Class Action Lawsuit Over XRP Read More »
Bitcoin dropped to its lowest point in over a month after showing signs of slowing down from its earlier record highs this year. After reaching nearly $74,000 in March due to hopes that US exchange-traded funds (ETFs) would start holding Bitcoin directly, its price has since fallen by about 14%. This drop matches the changing
Bitcoin Price Falls to One-Month Low Amid Market Concerns Read More »
Bernstein, a notable financial firm, has raised its Bitcoin price forecast for the end of 2025. In an ambitious projection, Bernstein anticipates BTC reaching $200,000 by 2025 and potentially hitting $1 million by 2033. This prediction arises amid ongoing debates about the cryptocurrency’s future trajectory. Bitcoin Bull Run Continues Despite some bearish analysts claiming that
Bernstein Forecasts Bitcoin to Hit $200K by 2025 and $1M by 2033 Read More »
As the world’s biggest cryptocurrency, Bitcoin continues to fall short, with sellers making more bets on the downside, hoping the market won’t return to $70,000. According to the on-chain analytics firm CoinGlass, a massive $1.67 billion short position will be liquidated if Bitcoin (BTC) reaches the $70,000 level. This data is gaining massive attention from
Bitcoin Price Drop Risks $1.67 Billion Short Position Liquidation. Read More »
Bitcoin (BTC) price dropped by around 5% in the last 24 hours as selling pressure increased. Reports suggest that long-term BTC holders and miners have emerged as significant sellers, showing limited signs of renewed demand. Bitcoin Sees Miner Sell-Off According to CryptoQuant, these sellers offloaded over $1.2 billion worth of Bitcoin, indicating a broader market
Bitcoin Price Falls 5% as Miners and Long-Term Holders Sell Read More »
The digital assets market dropped by another 3% over the last day as a broad industry sell-off continues. The cumulative crypto market cap stood at $2.33 trillion as Bitcoin (BTC) price declined below the $65,000 mark. Other major altcoins like Ethereum (ETH) and Solana (SOL) slumped by more than 3% and 6%, respectively. Massive Crypto
Crypto Market Drops: Bitcoin, Ethereum, and Altcoins Slide Read More »
Offline staking, also known as cold staking, allows cryptocurrency holders to stake their digital assets securely without exposing their private keys to the internet. By delegating staking duties to third-party validators or pools while keeping funds offline in hardware wallets, users can earn rewards without constant internet connectivity. There are many aspects to explore about
Offline Staking: A Secure Way to Earn Cryptocurrency Rewards. Read More »
The US Securities and Exchange Commission (SEC) has advanced in its ongoing legal battle with Ripple. Recently, the SEC responded to Ripple’s letter concerning the TerraForm Labs Consent Judgment. Is the SEC Gaining Ground? In its letter, Ripple contends that it supports its opposition to the SEC’s remedies motion. Ripple noted that citing settlements is
SEC Advances in Legal Battle Against Ripple Read More »
Cryptocurrency Market Sees Massive Price Fluctuations Following CPI Data and FOMC Report The cryptocurrency market experienced significant price volatility following the release of the United States Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) report on June 12, 2024. Amid this turbulence, on June 13, 2024, 10X Research issued a note
Bitcoin and Crypto Market React to CPI Data and FOMC Report Read More »