[ad_1] Coinbase and the US Securities and Exchange Commission renewed their legal tussle over the agency’s refusal to create specific rules for the crypto space. This legal confrontation in a Philadelphia appeals court highlighted the rift between the rapidly evolving crypto industry and US regulators. Coinbase contended that the SEC’s current regulatory framework is unsuitable for the crypto space, while the SEC maintained that its existing rules are sufficient for the industry, Reuters reported. Coinbase Pushes for New Crypto RulesThe crypto exchange initiated the lawsuit after the SEC dismissed its 2022 petition for new rulemaking. The exchange argued that the…
Author: dfrancis36
[ad_1] The latest weekly digital asset fund flows from CoinShares shed light on the ongoing dynamics among institutional investors when investing in altcoins such as XRP, Solana, and Cardano. Most of the inflow activity went into Bitcoin, but the report also highlights a diverse set of trends among altcoins to show preferences and strategies investors are employing across the wider crypto landscape. For one, Ethereum and Cardano ended the week with a huge outflow, while coins like XRP and Solana bucked and attracted inflows. XRP Inflows, Cardano And ETH Outflows According to CoinShares, digital asset investment products witnessed a total…
[ad_1] Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience…
[ad_1] Company Name: LNbitsFounders: Ben ArcDate Founded: Project: 2019 | Company: 2022Location of Headquarters: Fully remote (most developers based in Europe)Amount of Bitcoin Held in Treasury: N/ANumber of Employees: 6 (+ “a couple dozen other developers”)Website: https://lnbits.com/Public or Private? PrivateFive years ago, Ben Arc first had the vision for LNbits — free and open-source software that works with any Lightning Network funding source and offers a suite of extensions for both personal and business use cases.The vision for the project came to him in what he describes as a flash of inspiration.“Christian Russo, the developer of the RaspiBlitz, had come…
[ad_1] Aptos rides the bullish wave that swept over the market. The token, according to the latest market updates, registered an almost 36% surge in price, which follows the movement of major cryptocurrencies such as Bitcoin and Ethereum, pushing forward the overall sentiment on the token. Investors are currently interested in a series of statistics showing Aptos has grown significantly since the start of the year. If the trend continues, we might see APT pushing boundaries in the coming days or weeks. Growth And Developments Fuel Investor Confidence Recently, X user @apt_everstake released an article on X regarding the platform’s…
[ad_1] Polymarket, a decentralized prediction market platform, is reportedly seeking to secure $50 million in a new funding round and is considering launching its own token. This potential development could mark a significant moment in the crypto space, especially as the market continues to recover from its downturn in 2022. Other investors in the round will likely receive token warrants that are not a claim to ownership in the token, but a warrant to purchase tokens in the future. Investors are still unsure whether they will receive equity in addition to token warrants. Token Plans The new token could allow…
[ad_1] Veteran bitcoin trader Bitlord recently made a strong call implying XRP is about to experience a big price surge. He claims the coin is “ripe” for a parabolic action that might make investors quite profitable. XRP might see a significant price ascent, even if it lags behind other leading cryptocurrencies in recent increases. With a bullish XRP price prediction of 113% increase over the next year, CoinCheckup further fuels the increasing optimism on the token. XRP rose just 3% last week; in comparison major cryptocurrencies like Ethereum and Solana jumped by more than 10%. XRP was down 1% in…
[ad_1] Bitcoin has experienced a significant 11% price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This news boosted investor confidence, pushing BTC past the $60,000 mark—an important psychological level that shifted market sentiment. Now, BTC is testing local supply levels, with analysts closely watching the next moves. As the market rises, crucial data suggests that Bitcoin liquidity is concentrated above the $65,000 mark, with a key zone around $70,000. This level is becoming the focal point for traders and investors eager to confirm the start of a stronger uptrend. Breaking past these…
[ad_1] Arthur Hayes’ family office fund has unloaded a huge chunk of its position in the decentralized finance (DeFi) altcoin Pendle (PENDLE). Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over a two-day period, resulting in a loss of $1.29 million, according to the crypto tracker Lookonchain. Lookonchain also notes that the price of PENDLE surged by 24% after his sell-off. Less than two weeks ago, Hayes, who has served as an advisor to Pendle, predicted on the social media platform X that the asset would surge to $10. On Saturday, the BitMEX co-founder…
[ad_1] BNB bullish rally has hit a wall as the $600 resistance level proves to be a formidable barrier. After an impressive upward run, momentum has stalled, and downside pressure is starting to build. While bulls are struggling to regain control, the bears are gaining confidence, signaling a potential shift in market direction. With the rally halted and key support levels under threat, BNB is now facing an increased risk of a pullback, leaving traders on edge as the price hovers at this crucial threshold. As BNB faces the formidable $600 resistance, the aim is to analyze the mounting pressure that…