Tags : case

Cryptocurrency

Ripple (XRP) could reportedly IPO after the U.S. SEC case

Payments firm Ripple could reportedly go public soon after its ongoing case with the U.S. Securities and Exchange Commission (SEC) is settled, a report on Finance Feeds said today.  In December 2020, Ripple was charged with the unlawful sale of $1.3 billion worth of unregistered security, a case that continues till today. However, it does […]Read More

Regulation

India may give crypto holders an “exit window” in case

India’s officials are currently discussing the possibility of providing an “exit window” that would allow crypto holders to get rid of their assets ahead of the potential ban on all “private” digital currencies, The Indian Express reported today. “The government is expected to provide an exit window to existing crypto holders in the event of […]Read More

Bitcoin

Bitcoin Miner Revenue Hits New All Time High Among Other

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago. It’s […]Read More

Regulation

Judge grants XRP holders’ request for motion to intervene in

After being rejected initially, the group of XRP holders led by lawyer John Deaton has ultimately been allowed to file a motion to intervene in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, according to a court order published yesterday. “The Court has reviewed the parties’ and proposed intervenors’ […]Read More

Bitcoin

SEC case against Ripple could see Bitcoin and Ethereum pulled

In the on-going case of Ripple vs. the U.S. Securities and Exchange Commission (SEC), last week, the SEC refused to produce documentation on Bitcoin and Ethereum. They argued that the request is irrelevant to this case. However, yesterday, Ripple Labs filed a response letter with magistrate judge Sarah Netburn, requesting the SEC submit the documentation […]Read More

Bitcoin

Bitcoin Miners Net Position Turn Positive: A Crypto Bull Case? 

Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers plummeting nearly 25% from recent highs. This selloff caught many speculators and traders off-guard, causing a panic reaction across the market. The Crypto Fear and Greed Index shifted from a weekly high of […]Read More

Market

More People HODLing Bitcoin Hurts Case for Buying, Selling With

Bitcoin liquidity appears to be falling as the demand that has driven the recent bull market appears to be concentrated among a relatively small number of investors who are unwilling to sell, according to new research by Morgan Stanley. That lack of liquidity potentially hurts its use for transactions, the investment bank said. Addresses holding […]Read More

Bitcoin

Scaramucci breaks down the case for Bitcoin by saying it’s

Anthony Scaramucci, the founder of alternative investment firm Skybridge, says why he’s betting big on Bitcoin. Speaking to Forbes, Scaramucci states that both he and his research team were initially skeptical of Bitcoin. However, following a three-year evaluation process, he concluded it’s “better at being gold than gold.” How Bitcoin won Scaramucci over In overcoming […]Read More