[ad_1] Crypto exchange Coinbase has cited risks linked to Tron-founder Justin Sun during a lawsuit over its delisting of Wrapped Bitcoin (wBTC). In a recent complaint, the wBTC custodian and Sun-affiliated BiT Global accused Coinbase of using wBTC – the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain – as a “cash grab” before delisting it and replacing it with its own version of the asset. Said the complaint, “In the case of wrapped Bitcoin, Coinbase viewed it as just another cash grab. It saw a competitor, wBTC, that had something it wanted: an innovative product that released value…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. A crypto analyst has shared an XRP price chart, analyzing its action on the 4-hour timeframe while pinpointing key metrics of strength that suggest a possible rally. The analyst has predicted that XRP is preparing for a significant run to $11, marking a new All-Time High (ATH). Key Metrics Suggest XRP Price Set For $11 Surge In an X (formerly Twitter) post on Tuesday, prominent crypto analyst Javon Marks shared key observations of XRP’s price behavior, noting signs of strength through crucial metrics and a potential for a significant price rally to…
[ad_1] In his latest video analysis on YouTube, Adam Cochran, partner at Cinneamhain Ventures (CEHV), an activist venture capital firm, described Ripple’s newly launched stablecoin, RLUSD, as a “Trojan Horse” poised to transform both decentralized finance (DeFi) and traditional banking sectors. Why Ripple’s RLUSD Is A ‘Trojan Horse’ Cochran emphasized the strategic significance of RLUSD, stating, “Ripple quietly dropped a bombshell and no one’s really talking about it but it could dramatically revolutionize the position of Ripple in the marketplace.” He elaborated that while the crypto community remains focused on XRP’s price movements and its upcoming programmability upgrades, RLUSD represents…
[ad_1] Cryptocurrency has undergone remarkable progress in recent years, with blockchain enthusiasts pushing the boundaries to create faster, scalable, and cost-effective solutions. As networks wrestle with congestion and rising fees, a new player is stepping into the limelight—Sonic Labs. With the launch of their groundbreaking Sonic Mainnet, this forward-thinking blockchain promises high-speed transactions, seamless scalability, and incredible opportunities for crypto investors and developers alike. Let’s explore what makes Sonic Mainnet a game-changer and how you can capitalize on this innovation.Understanding Sonic MainnetSonic Mainnet is a next-generation blockchain designed to address the limitations of traditional systems like Ethereum. It offers full…
[ad_1] Este artículo también está disponible en español. The cryptocurrency landscape stands at a historic crossroads as the battle between XRP and the Securities and Exchange Commission (SEC) enters its most critical phase. Since December 2020, this legal confrontation has shaped the future of digital asset regulation, with implications reaching far beyond the immediate case. The potential impact of Donald Trump’s election adds another layer of complexity to an already intricate situation. The Evolution of SEC’s Cryptocurrency Stance Under SEC Chair Gary Gensler’s leadership, the commission has maintained an aggressive enforcement approach toward digital assets. The SEC’s strategy of classifying…
[ad_1] Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025. Crypto investors might have a lot of options next year when it comes to publicly traded crypto securities, one of which would be a combination of Bitcoin and Ethereum. A Wave Of Crypto ETFs Two Bloomberg analysts anticipate that exchange-traded funds – XRP and Solana in particular- will soon flood the cryptocurrency space as they foresee that the SEC will approve several of these investment instruments next year. “We expect…
[ad_1] The chief executive of stablecoin issuer Circle says that dollar-pegged digital assets should become a mass export product of the United States. In a new interview on CNBC Television, Circle CEO Jeremy Allaire says that the US should promote “full reserve digital dollars” as a means of preserving the value of the US dollar. Allaire also says the US’ fiscal situation is “not in order” – something that could also be aided by a transparent digital dollar system. “First and foremost, we have to focus on the strength and competitiveness of the dollar first. We have a situation in…
[ad_1] Este artículo también está disponible en español. Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL’s price has been in a retrace, dampening the hype surrounding the cryptocurrency. The prolonged decline has left investors uncertain about the next move for Solana, with many questioning whether it can regain its bullish momentum. Related Reading Top analyst Jelle recently shared a technical analysis on X, shedding light on Solana’s current setup. According to Jelle, Solana has formed a falling wedge pattern—a classic bullish formation—into…
[ad_1] Crypto analyst Lebicahlz has predicted that the Dogecoin price is set to witness a major explosion, which would send it to new all-time highs (ATHs). The analyst also provided price targets that Dogecoin could reach as it rallies to new highs. Dogecoin Price Set To Reach New ATHs In a TradingView post, Lebicahlz said he believes the Dogecoin price is ready to blast off into new record highs. The analyst warned that the growth may not be as much as previous bull runs. However, he added that Dogecoin does look like a very good coin for 2025, as it…
[ad_1] Ethena Labs (ENA), a synthetic dollar protocol backed by BitMEX founder Arthur Hayes, is announcing a partnership with President-elect Donald Trump’s decentralized finance (DeFi) project. In a new announcement on the social media platform X, Ethena Labs says it has entered into a strategic partnership with World Liberty Financial (WLFI). According to Ethena Labs, the collaboration will bring over Ethena Staked USDe (sUSDe) – a yield-bearing token that inventors can stake – to the DeFi platform. “A governance proposal has been submitted to add sUSDe to WLFI’s upcoming Aave instance as a core collateral asset, Should it pass, this proposal…