The U.S. Securities and Exchange Commission (SEC) has formally appealed against a 2023 ruling that found sales of Ripples XRP token on crypto exchanges did not break securities laws. According to the regulator, District Court Judge Analisa Torres was factually and legally wrong when she concluded that offers and sales of XRP to the public
The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Within two hours of the CPI release, Binance Open Interest (OI) sharply rose
According to CryptoQuants latest weekly report , Bitcoin (BTC) could target a price range between $145,000 and $249,000 in 2025. The report cites rising institutional capital inflows and favorable crypto regulations as key drivers of Bitcoins potential price appreciation. Following a flash crash to $89,256 earlier this week, Bitcoin is now striving to reclaim the
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, the world’s richest man, for failing to disclose his acquisition of Twitter (renamed X) stock on time. According to the complaint, Musk started accumulating shares of Twitter common stock in early 2022 and, by March 14, had crossed the 5%
Outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has insisted that the regulatory body never classified Bitcoin and Ethereum as securities. Additionally, he separated the worlds largest cryptocurrency by market cap from other tokens, saying they still have to prove their actual value. Gensler made the statements in exit interviews with Yahoo Finance
The floor price of CryptoPunks NFTs surged nearly 15% in just three hours on January 14. The price movement was driven by speculation that Yuga Labs, which owns the collection, might be selling CryptoPunks’ intellectual property (IP) rights. These rumors were apparently started by Wale.moca, a researcher at NFT firm Azuki. They shared in an
Congressman Tom Emmer, a well-known advocate for the cryptocurrency industry, has been named Vice Chair of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Committee Chairman French Hill made the announcement on January 14 as part of the House Financial Services Committee’s subcommittee assignments for the 119th Congress. Emmer expressed his enthusiasm
Litecoin (LTC) prices have surged around 17% over the past 12 hours, propelling the cryptocurrency to an intraday and 4-week high of $118 during early trading in Asia on Thursday morning. However, LTC topped $140 during the December crypto rally and still remains down 72% from its May 2021 all-time high of $410. Litecoin has
After surging past $90,000 for the first time on November 12, 2024, Bitcoin (BTC) has been trading within a broad range between $91,000 and $108,000. However, some analysts remain optimistic that BTC is poised to break out of this range to the upside following what they describe as a final capitulation. Crypto analyst Trader Tardigrade
XRP price started a fresh increase above the $2.50 level. The price is gaining pace and could rally further above the $2.880 resistance. XRP price managed to start a fresh increase above the $2.42 and $2.45 resistance levels. The price gained over 5% and outperformed both Bitcoin and Ethereum. There was a move above the
In a recent social media post, market expert VirtualBacon shared seven key predictions that could shape the cryptocurrency landscape in 2025. Central to these predictions is the assertion that Ethereum (ETH) may outshine Bitcoin (BTC) in terms of performance, even as Bitcoin continues to hold a dominant position in the market. With Bitcoin approaching the
Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might climb further if it clears the $0.3650 resistance. Dogecoin price started a fresh increase after it cleared the $0.320 resistance zone, like Bitcoin and Ethereum. DOGE was able to clear the $0.3420 and $0.350 resistance levels.
An analyst has explained how a crossover between these two Bitcoin metrics would have to happen before the ‘fun’ can begin for the asset. In a new post on X, analyst James Van Straten has discussed about the Realized Price and 200-week moving average (MA) for Bitcoin. The “Realized Price” here refers to an on-chain
After Mondays drop, Ethereum (ETH) fell below key support levels and hit its lowest price since November. Nonetheless, several market watchers remain bullish, predicting a massive rally for the cryptocurrency this quarter. Ethereum started the week with a significant correction, falling from the weekend range to its lowest price in two months. Over the weekend,
Several account hijackings on X over the weekend have raised alarm in the crypto community. The incidents involved the official accounts of Litecoin, Foresight Ventures, and Holoworld AI being compromised to promote fraudulent cryptocurrencies and phishing links, exposing users to potential scams. On January 11, Litecoin confirmed that bad actors had accessed its official X
The data breach OpenSea’s email service provider which occurred in June 2022 resulted in the leak of 7 million email addresses. Experts have found that this includes many well-known people, firms as well as key opinion leaders (KOLs) in the crypto industry. According to the latest update shared by SlowMist’s pseudonymous chief information security officer,
Indian cryptocurrency exchange Mudrex has announced that it has temporarily halted crypto withdrawals. It says this pause is part of efforts to upgrade its compliance suite, which aims to maintain its security standards and prevent misuse by bad actors. In a January 12 announcement, the exchange stated, To enhance the security of our platform and
Bitcoin has recovered from its 2025 and 8-week low of just below $90,000 during late trading on Monday, Jan. 13. The asset gained around $5,000 over the past 12 hours from that drop or so to tap the $95,000 level during trading in Asia on Tuesday morning. BTC is now back in the middle of
That’s not necessarily an indication of anything going wrong with Dogecoin this week. Most major crypto tokens were trading down significantly Monday after an exuberant rally around the time of the new Congress convening in Washington. By Monday afternoon in Chicago, Bitcoin had fallen some 10% for the week’s trading. Meanwhile, Ethereum had fallen by
The largest stablecoin issuer has announced that it is relocating its business to the Bitcoin-friendly El Salvador after acquiring a Digital Asset Service Provider (DASP) license in the country. According to an official release, Tether and its subsidiaries will be located in El Salvador after the company completes all formalities for the move. The stablecoin
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