Cryptocurrency News

Crypto Community Lauds Hoskinson’s Absence from ‘Most Influential’ List

December 5, 2023 William Ross 0

Charles Hoskinson, the founder of Cardano, has been conspicuously absent from CoinDesk’s recently released list of the “Most Influential People in Crypto.” This omission has […]

False Alarm Sends Bitcoin Markets Reeling

Bull Run Predicts $100K Bitcoin by 2024, Crypto Execs Optimistic

December 5, 2023 Shrabani Sarkar 0

Executives in the cryptocurrency industry called the start of a new bull run with a growing number of voices calling for fresh all-time highs for […]

Bitcoin(BTC) Price Poised for a Rally to $45,000, Analyst Predicts

December 4, 2023 William Ross 0

Get ready, Bitcoin bulls! According to crypto analyst @rektcapital, the king of cryptocurrencies is gearing up for a potential surge towards $45,000. This exciting prediction […]

XRP Price Explodes Over 70% as Judge Rules In Favor of Ripple in SEC Case XRP, the native cryptocurrency of the Ripple network, has surged by more than 70% in the past 24 hours, reaching its highest level since May. The price spike came after a U.S. judge denied the Securities and Exchange Commission's (SEC) request to access Ripple's legal communications. What is the SEC's lawsuit against Ripple? The SEC filed a lawsuit against Ripple and its executives in December 2020, alleging that they sold $1.3 billion worth of XRP as unregistered securities. Ripple has argued that XRP is not a security, but a digital asset that is used for cross-border payments and remittances. The company also claimed that the SEC did not provide fair notice to the market about its regulatory status. How did the judge rule in favor of Ripple? On June 30, U.S. Magistrate Judge Sarah Netburn denied the SEC's motion to compel Ripple to produce documents related to its legal advice on XRP. The judge ruled that Ripple's communications with its lawyers are protected by attorney-client privilege, and that the SEC failed to show a "substantial need" to access them. The judge also noted that the SEC's request was "overly broad" and "disproportionate". What does this mean for XRP and the crypto market? The judge's ruling is seen as a major victory for Ripple and a setback for the SEC, as it could weaken the agency's case against the company. The ruling also boosted the confidence of XRP investors, who have been waiting for a resolution of the legal dispute. XRP's price jumped from around $0.6 to over $1 in a matter of hours, making it one of the best-performing cryptocurrencies in the market. The rally also lifted other altcoins, such as Stellar, Cardano, and Dogecoin. What are the next steps in the lawsuit? The lawsuit is still ongoing, and both parties are expected to continue their discovery process until August 31. The SEC has also filed a motion to extend the deadline for fact discovery by 60 days, citing the complexity of the case and the need for more time to review documents. Ripple has opposed this motion, arguing that it would cause further harm to its business and customers. The judge has not yet ruled on this motion. Conclusion XRP's price has exploded over 70% as a U.S. judge ruled in favor of Ripple in its lawsuit with the SEC. The ruling denied the SEC's request to access Ripple's legal communications, which are protected by attorney-client privilege. The ruling is seen as a major win for Ripple and a boost for XRP investors, who have been waiting for a positive outcome of the case. The lawsuit is still ongoing, and both parties are expected to continue their discovery process until August 31.

XRP remains outside Ripple’s Liquidity Club even after 5 months? Here’s how Ripple CTO reacts

December 2, 2023 Najuk Priya 0

Ripple has expanded its Liquidity Hub program to include stablecoins USDT and USDC products, especially for institutional investors. However, it became embroiled in a slew […]

XRP Supporters Protest Binance’s XRPL Network Suspension

December 1, 2023 William Ross 0

According to a report from Bloomberg, the XRP army is rallying after Binance temporarily froze XRPL network access. The freeze was reportedly implemented in response […]

XRP Skyrockets 26% Following New York Judge’s Ruling in SEC Lawsuit

XRP Price Suppression: Expert Believes XRP Is Being Purposely Suppressed

December 1, 2023 William Ross 0

Jerry Hall, a pro-XRP crypto YouTuber, believes that the price of XRP has been suppressed for years. Hall’s belief stems from his observation of Ripple’s […]

Cristiano Ronaldo Sued for $1 Billion Over Allegedly Deceptive Binance NFT Promotion

December 1, 2023 William Ross 0

Cristiano Ronaldo has been hit with a $1 billion class-action lawsuit alleging that he misled investors into purchasing Binance NFTs. The lawsuit was filed in […]

Massive 29 million XRP transaction to Bitstamp signals price decline

Ripple and SEC To Meet to Discuss Potential Settlement in Landmark Legal Battle

December 1, 2023 William Ross 0

In a highly anticipated move, Ripple Labs and the United States Securities and Exchange Commission (SEC) are set to meet today, December 1, 2023, to […]

Ripple’s Metaco Acquisition: A Bullish Sign for XRP

November 30, 2023 William Ross 0

HSBC’s choice of Metaco as custody tech partner seen as a sign of things to come The news that Metaco, the Swiss digital assets custody […]

Binance Records Net Inflow of $1.2B in 24 Hours

DoJ Inquiry Puts Binance’s Thailand Expansion at Risk

November 30, 2023 William Ross 0

Binance, the world’s largest cryptocurrency exchange, is facing increased regulatory scrutiny in Thailand, casting doubt over the future of its operations in the country. The […]

UK Offers Crypto Tax Amnesty to Incentivize Disclosure

November 30, 2023 William Ross 0

The UK’s tax authority, Her Majesty’s Revenue and Customs (HMRC), has announced a crypto tax amnesty program to bring crypto holders into the tax fold. […]

Bitcoin Price Surges Past $38,000 as SEC Delays BTC ETF Decision

November 29, 2023 William Ross 0

Bitcoin price skyrocketed to $38,000 on November 29, 2023, as the Securities and Exchange Commission (SEC) delayed its decision on a proposed Bitcoin exchange-traded fund […]

Ripple's IPO Uncertain Amidst SEC Scrutiny

Ripple’s IPO Could Be Delayed Due to Regulatory Hurdles

November 28, 2023 William Johnson 0

According to a new report from Ripple Labs, Ripple, the payments company behind the XRP cryptocurrency, is facing the possibility of a delayed IPO due […]

Shytoshi Kusama, the enigmatic lead developer of Shiba Inu

Shiba Inu (SHIB) Burn Dwindles, Is the Hype Over for the Dogecoin Killer?

November 26, 2023 William Ross 0

Shiba Inu (SHIB) is one of the most popular meme coins in the crypto market, but its recent performance has raised some doubts about its […]

HTX Restores Bitcoin Services After Temporary Suspension

November 26, 2023 William Johnson 0

HTX, one of the leading crypto exchanges in the world, has announced that it has resumed Bitcoin deposits and withdrawals after a temporary suspension due […]

Cryptocurrency Kingpin Do Kwon Faces Extradition from Montenegro

November 24, 2023 William Johnson 0

A court in Montenegro has approved the extradition of Do Kwon, the co-founder of the cryptocurrency company Terraform Labs, to South Korea, where he faces […]

Ethereum Layer 2 Blast: A Mixed Blessing for Crypto Users

November 24, 2023 William Johnson 0

Ethereum’s layer 2 solutions have been gaining traction in recent months as users seek to escape the high fees and congestion of the main network. […]

Bitcoin User Mistakenly Pays $31M in Fees, Shocks Crypto Community

November 24, 2023 William Ross 0

A Bitcoin sender has accidentally paid a whopping $31 million in transaction fees to the network, making it the largest fee ever recorded in the […]

Singapore Tightens Crypto Reins, Eases Investment Hurdles

November 24, 2023 William Ross 0

The Monetary Authority of Singapore (MAS) has unveiled its final regulations governing cryptocurrency service providers, including provisions to reduce speculation and safeguard retail investors. The […]

XRP price to skyrocket in December, says XPunks NFTs CEO

November 23, 2023 William Johnson 0

XRP, the native cryptocurrency of the Ripple network, is poised for a surge in December, according to the CEO of XPunks, a new NFT platform […]

Crypto Community Lauds Hoskinson’s Absence from ‘Most Influential’ List

Bull Run Predicts $100K Bitcoin by 2024, Crypto Execs Optimistic

Bitcoin(BTC) Price Poised for a Rally to $45,000, Analyst Predicts

XRP remains outside Ripple’s Liquidity Club even after 5 months? Here’s how Ripple CTO reacts

XRP Supporters Protest Binance’s XRPL Network Suspension

XRP Price Suppression: Expert Believes XRP Is Being Purposely Suppressed

Cristiano Ronaldo Sued for $1 Billion Over Allegedly Deceptive Binance NFT Promotion

Ripple and SEC To Meet to Discuss Potential Settlement in Landmark Legal Battle

Ripple’s Metaco Acquisition: A Bullish Sign for XRP

DoJ Inquiry Puts Binance’s Thailand Expansion at Risk

UK Offers Crypto Tax Amnesty to Incentivize Disclosure

Bitcoin Price Surges Past $38,000 as SEC Delays BTC ETF Decision

Ripple’s IPO Could Be Delayed Due to Regulatory Hurdles

Shiba Inu (SHIB) Burn Dwindles, Is the Hype Over for the Dogecoin Killer?

HTX Restores Bitcoin Services After Temporary Suspension

Cryptocurrency Kingpin Do Kwon Faces Extradition from Montenegro

Ethereum Layer 2 Blast: A Mixed Blessing for Crypto Users

Bitcoin User Mistakenly Pays $31M in Fees, Shocks Crypto Community

Singapore Tightens Crypto Reins, Eases Investment Hurdles

XRP price to skyrocket in December, says XPunks NFTs CEO

Hubballi-Dharwad Officials Accelerate ‘Panch Guarantee’ Delivery

IND vs AFG 1st ODI 2026 Live: Star Sports Live Cricket Streaming Info, Score & Highlights

Karnataka Implements Strict ‘No ID, No Entry’ Rule to Combat Underage Drinking

Hubballi-Dharwad Police Hold One-Day Legal Awareness Workshop

Portugal to Introduce Summer Legislation Targeting Illegal Online Gambling