SEC Unlikely to Sue Ripple Founders, Pro-XRP Legal Expert Says

The US Securities and Exchange Commission (SEC) has been speculated to drag Ripple Labs’ founders into the regulator’s long-running legal battle against their company. However, pro-XRP legal expert Fred Rispoli has outlined why this is unlikely.Rispoli stated that the SEC is unlikely to pursue a trial against Ripple’s CEO Brad Garlinghouse and Executive Chairman Chris […]

Bitcoin Supply Stagnates at $26,000 as On-Chain Activity Hits Multiyear Lows

Bitcoin is currently trading at $26,000, with on-chain activity at levels last seen before its run to 2021 all-time highs. According to CryptoQuant, the metric of Bitcoin units moving around the network is now at levels last seen in October 2020. This suggests that the impetus to buy or sell is reduced, and that the […]

Dropp Integration with FedNow Boosts Hedera Token and Borroe Finance’s NFT Marketplace

The Federal Reserve’s groundbreaking instant payment service, FedNow, has recently integrated Dropp, a micropayments platform built on the Hedera Hashgraph network, into its Service Provider Showcase. This integration has caused the Hedera token to surge 16%, and has bolstered the credibility of the entire distributed ledger technology space.Investors are now turning their attention to Borroe […]

Bitget Wallet Launches ETH Staking Feature with Up to 10% Yields

Bitget Wallet, formerly known as BitKeep, is a decentralized multi-chain digital wallet that provides a comprehensive portfolio of services, including wallet functionality, an integrated swap feature, NFT Marketplace, DApp Browser, and Launchpad. It is a top-rated wallet on both Google Play and the iOS App Store globally and supports over 250,000 types of cryptocurrencies across […]

Hashdex Files Spot Bitcoin ETF Application With SEC, Avoids Coinbase SSA

Hashdex, a digital asset management firm, has filed a spot Bitcoin ETF application with the United States Securities and Exchange Commission. The firm is looking to hold spot Bitcoin in its Bitcoin futures ETF, rebranding its DEFI ETF on the New York Stock Exchange (NYSE) to now Hashdex Bitcoin ETF.Hashdex has decided to not pursue […]

Ripple Price Reacts to July News, Bulls and Bears Battle at Major Support Area

Ripple’s price surged to over $1.8 in 2021 as investors rushed to get exposure to the cryptocurrency market during the COVID-19 pandemic. However, sellers quickly emerged and a bearish triangle formed, which held until 2022. In the first half of that year, Ripple’s price broke lower, and since then, it has not looked back.In July, […]

ethOS Phone Pre-Sales Sell Out in Under 24 Hours, Solana Saga Price Cut by 40%

The ethOS phone, a mobile device that supports EVM chains and layer 2s, sold out its pre-sale stock in a single day. This is in stark contrast to the Solana Saga phone, which has seen its price drop by 40% and has only sold 2,120 units since its launch in April 2023.The ethOS phone is […]

Bitcoin Stabilizes at $26K as Altcoins Follow Suit

Bitcoin (BTC) has returned to the $26,000 level after a late-business week pump and dump drove it to a six-day high. Most altcoins are also calmer today, with XRP and SHIB standing out as the top performers from the larger-cap ones.August 17 saw BTC plummet by over $3,000 to register a two-month low of just […]

ShimmerEVM Testnet Achieves 700 TPS During Spam Attack

The IOTA Foundation has been working to bring the ShimmerEVM mainnet to the market. Web3 Builder and Venture Fund Nakama Labs has recently shared an update on how it’s battle-testing the ShimmerEVM beta version by conducting some spam attacks on ShimmerEVM. The testnet chain has achieved a peak of 700 transactions per second (TPS), resulting […]

SEC Chair Gary Gensler’s Role in Bitcoin ETF Approval Examined

Hashdex, a crypto asset management company, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin futures ETF that will hold actual spot Bitcoin. Exchange-traded funds, or ETFs, are investment funds that track BTC’s value and trade on traditional stock exchanges rather than crypto exchanges. Hashdex’s approach differs from recent […]