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Crypto
ETH
Shiba Saga(SHIA)

$0.06

-16.64%

Market Cap
3.11m
 

-16.64%

Volume (24h)
761.38k
 

14.84%

Released on 25 Aug 2023
TrendX研究院
TrendX研究院
followers

📢 TrendX Hot News | 2024.2.23 🔥@a16z invests $100 million in crypto startup Ethereum Redemption Protocol @eigenlayer. 🔥@Ronin_Network public chain is suspected of being hacked! Approximately 3 million $RON tokens (approximately $10 million) were stolen. 🔥@SmartLayer opens the door to $SLN airdrop. The total amount of SLN token airdrop is 2% of the total supply. 🔥Binance invests in EigenLayer-based Ethereum liquidity re-staking protocol @RenzoProtocol 🔥Ethereum Capital Flow Protocol @Superfluid_HQ completed US$5.1 million in strategic financing. 🔥Stablecoin issuer Circle announced that USDC has been listed on the Celo mainnet. 🔥Uniswap launches the ENS-based subdomain uni.eth, which users can claim for free on mobile devices. 🔥 Starknet: StarkGate 2.0 mainnet is online. 🔥Binance Inscription Market has launched a 6-week airdrop event, and qualified users will share over $1 million in tokens. 🔥Scroll releases the "Scroll Saga: The Prelude" points mission on Galxe, which ends in mid-March.

3 days ago
Coinpedia
Coinpedia
Ripple vs. SEC Lawsuit Climax: Analyzing When Judge Torres Will Conclude the Legal Saga
5 days ago
NFT
Samurai Saga
Floor Price
0.14 ETH
Total Volume
2.82k ETH
Minted on 14 Dec 2021
TopCryptoNews
TopCryptoNews
followers

There have been many exciting developments in the crypto market since the start of 2024, and many cryptocurrencies have been making major moves, with perhaps the biggest star of the most recent period being Ethereum (ETH) as it reclaimed $3,000 for the first time in almost full two years. Indeed, nearly every week has brought some action that could have helped savvy crypto traders multiply their investments, and late February is no different. In this context of high hopes that some milestones – long in the making, such as XRP’s expected surge to $2 – will be reached, but with risks of unexpected mishaps still high, Finbold decided to take a look at 3 cryptocurrencies well-positioned to help investors $100 into $1,000 as soon as next week. Bitcoin (BTC) As the world’s foremost cryptocurrency, Bitcoin (BTC) has again taken the lead in the most recent rallies. BTC made headlines twice in the initial weeks of the year, first due to the approval of nine spot Bitcoin exchange-traded funds (ETFs) and then as the leader of a $100 billion wipe that happened as the crypto market was adjusting to the newborn nine. The cryptocurrency has since experienced a major surge. At approximately $52,000, it is again eyeing a surge toward its previous all-time highs – though it remains uncertain if Bitcoin will be struck by a major correction and a major buying opportunity before it restarts a bull run. Finally, in approximately two months, BTC is likely to skyrocket as its newest halving event – an event that historically helped Bitcoin surge tenfold and, sometimes, hundredfold – is expected to take place. Bitcoin price chart Since 2024 started, Bitcoin has offered a fairly strong performance – barring the decline in the weeks immediately following the ETF approvals. Year-to-date (YTD), BTC is up 17.19%. This trend is present in the more recent period as Bitcoin climbed 30.98% over the last 30 days, and the previous 24 hours of trading, however, saw it decline 0.17% to $51,763.60. Bitcoin technical analysis The technical analysis (TA) for Bitcoin, retrieved from TradingView on February 22, reveals that BTC is likely to continue rising as its overall rating stands at “buy.” Additionally, moving averages reveal that BTC is, at press time, particularly strong as they rate it a “strong buy,” though oscillators are neutral. Solana (SOL) Solana’s (SOL) recent performance has been drawing a lot of attention – and with good reason, given that it, in a matter of months, rose from about $20 to above $100. It has also recently seen a surge in network activity, and the meme coins on its blockchain have also been increasingly popular. Even the Solana mobile team achieved success and sold out the inaugural Saga smartphone – largely due to a strange arbitrage opportunity offered by the presence of BONK tokens on each phone – and is now working on a new model. Perhaps the most striking statistic showcasing Solana’s strength is the fact that its transaction volume surged above $1 trillion in January – meaning it had achieved a multi-year high in the first month of 2024. Solana price chart While undergoing a downtrend in January – along with much of the crypto market – Solana is, overall, 5.38% in the green YTD. Its more recent performance has also been fairly strong 21.23% up in the last 30 days, and it rose 2.55% on the latest day of trading. At press time, the price of SOL is $106.17. Solana technical analysis The technical analysis for Solana reveals that the token is likely to continue with its strong performance in the coming days and weeks. Overall, technicals provided by TradingView rate it as a buy, with oscillators being overall neutral but moving averages ranking it as a “strong buy.” Avalanche (AVAX) Recent months featured significant milestones for Avalanche (AVAX) as it not only saw its price surge in the Q4 2023 crypto market rally but also entered into multiple beneficial partnerships, with those with BLRD, a Web3 gaming company and Amazon’s (NASDAQ: AMZN) AWS cloud services arguably being the most important. Avalanche is also currently in a high-risk, high-reward situation as its most recent trend has been one of decline and February 21 saw it wipe as much as $1 billion in a single day. Avalanche price chart Indeed, unlike Bitcoin’s and Solana’s, Avalanche’s 2024 volatility led it to decline 2.49% between January 1, and February 22. Despite this, and despite last week’s downtrend, AVAX is up 20.47% in the previous 30 days and the most recent 24 hours of trading saw it rise 1.25% to $37.60. AVAX technical analysis Looking ahead, Avalanche’s technicals show that the token is likely to rise in price, especially given that the major unlocking event – a big contributor to its recent downtrend – has passed on February 21. Overall, TradingView’s analysis rates it a “buy,” with oscillators being neutral but moving averages reading “strong buy.” It is worth noting, however, that there is significantly more deviation for AVAX technicals depending on the exact time frame chosen that is the case with BTC and SOL as, while its weekly performance rates it as “buy,” the daily and monthly data leans more toward a neutral ranking. $AVAX $SOL $BTC #AVAX #BTC‬ #SOL #Write2Earn

3 days ago
The Cryptonomist
The Cryptonomist
followers

In a saga that has captured the attention of the global financial community, Do Kwon, co-founder of the Terra-Luna crypto ecosystem, finds himself at the center of a legal storm as he faces extradition to the United States.  According to local media reports, the High Court of Podgorica, in Montenegro, has decided to extradite Kwon to the United States, rejecting the extradition request from South Korea.  The decision comes following accusations of fraud and financial misconduct related to losses suffered by US investors linked to an algorithmic stablecoin. The co-founder of the Terra-Luna crypto system is in a real legal storm  At the end of last year, a court in Podgorica had initially approved Kwon’s extradition. His journey through the legal system began when he was arrested in Montenegro in March 2023 for attempting to use a counterfeit passport to leave the country.  Initially, Kwon had agreed to be extradited to South Korea. However, subsequent developments have led to a change in his legal trajectory. In June, a court in Montenegro sentenced Kwon to four months in prison after finding him guilty of document forgery in relation to the use of a counterfeit passport.  Despite the appeal to the court’s decision, Kwon’s efforts were unsuccessful and he was ultimately sentenced to serve a prison term. The extradition decision marks a significant development in Kwon’s legal issues.  With civil charges from the Securities and Exchange Commission (SEC), Kwon and Terraform Labs are accused of raising billions from investors through the offering and sale of a interconnected series of cryptocurrency securities, many of which allegedly were conducted in unregistered transactions. The imminent extradition comes after the delays of the jury trial for fraud charges, originally scheduled for January 29 but then postponed to the end of March.  The legal representative of Do Kwon cited difficulties in facilitating his client’s release from Montenegro as the reason for the postponement of the trial. The charges against Kwon and Terraform Labs highlight the complexities and challenges surrounding the regulation of cryptocurrency markets and digital assets. As the popularity and adoption of cryptocurrencies continue to grow, regulatory authorities around the world are grappling with how to effectively supervise these rapidly evolving financial instruments. According to Kwon, the extradition to the United States represents a crucial moment in his legal battle, with potential far-reaching implications both for himself and for the cryptocurrency sector in general. The outcome of the trial and any subsequent legal proceedings could shape the regulatory landscape surrounding digital assets and influence investors’ confidence in the sector. The intensification of controls in the crypto world In recent years, governments and regulatory bodies have increased scrutiny on cryptocurrency projects and their founders, especially regarding issues such as fraud, market manipulation, and compliance with securities laws.  The case of Do Kwon highlights the importance of supervision and enforcement of regulations to safeguard investors and maintain the integrity of financial markets. According to Terraform Labs, the legal proceedings involving its co-founder have undoubtedly cast a shadow on the company’s operations and reputation.  Terraform Labs, one of the leading players in the cryptocurrency sector, has been at the forefront of innovation in blockchain technology and decentralized finance. However, the accusations against Kwon and the company have raised doubts about compliance practices and risk management procedures. The outcome of Kwon’s extradition and the subsequent trial will be closely followed by industry operators, legal experts, and regulatory authorities.  Beyond the immediate implications for Terraform Labs and its co-founder, the case could set legal precedents and influence regulatory approaches to cryptocurrencies in the years to come. As the cryptocurrency market continues to evolve and mature, stakeholders must work collaboratively to address regulatory challenges and promote responsible innovation.  Reaching a balance between promoting innovation and protecting investors will be crucial in shaping the future of digital finance and ensuring its long-term sustainability. Conclusions In the case of Do Kwon, the journey from Montenegro to the United States marks a crucial chapter in a legal saga that has captured the attention of the global financial community.  With the eyes of the world focused on him, Kwon’s extradition and trial represent much more than the fate of a single individual: they symbolize the broader challenges and opportunities that the thriving cryptocurrency sector must face in an increasingly interconnected and regulated world. In conclusion, the extradition to the United States of Do Kwon, co-founder of Terraform Labs, represents a significant step in a legal saga that has reverberated throughout the global cryptocurrency community.  Between allegations of fraud and misconduct, Kwon’s journey from Montenegro to the United States highlights the complexities and challenges inherent in regulating the rapidly evolving landscape of digital assets. While governments and regulatory bodies are grappling with the regulation of cryptocurrencies, Kwon’s case serves as a reminder of the importance of strong surveillance and enforcement mechanisms to protect investors and maintain market integrity.  The outcome of Kwon’s trial and any subsequent legal proceedings will have far-reaching implications, shaping not only the future of Terraform Labs but also influencing regulatory approaches to cryptocurrencies worldwide. In the future, stakeholders will need to collaborate to find a balance between promoting innovation and safeguarding against fraudulent activities in the cryptocurrency space.  Facing regulatory challenges and promoting responsible innovation, the sector can continue to thrive and evolve in a way that is beneficial both for investors and for the broader financial ecosystem.

4 days ago
COINCU
COINCU
followers

Key Points: Do Kwon extradition has been approved by the court with the United States as destination from Montenegro over the collapse of TerraUSD. The High Court of Podgorica rejected Kwon's appeal to be extradited to South Korea, highlighting the global significance of the case. Accoriding to reports, Terraform Labs founder Do Kwon extradition will be concluded with the United States as the destination following a decision by the High Court of Podgorica in Montenegro. Do Kwon Extradition Decision: U.S. Trial Over TerraUSD Collapse Kwon, detained since June 2023, encountered legal hurdles challenging his extradition to South Korea before the U.S. The rejection of this appeal by Kwon’s legal team emphasizes the high court's stance on Do Kwon extradition. The case, stemming from the collapse of the digital currency TerraUSD in May 2022, has drawn international attention due to its significant financial ramifications. The collapse saw losses of an estimated $40 billion, leading to charges by the U.S. Securities and Exchange Commission (SEC) against Terraform and Kwon for multibillion-dollar fraud. Terraform Labs Founder's Alleged Fraud Triggers International Attention Kwon's arrest in Montenegro came after months of speculation regarding his whereabouts following Terra's collapse. Initially sentenced to four months for using falsified travel documents, Do Kwon extradition proceedings have been ongoing during his custody. The SEC alleges that Terraform and Kwon misled investors regarding the stability of TerraUSD, which aimed to maintain a constant $1 price. TerraUSD's failure affected not only investors but also a Korean mobile payment app utilizing Terraform's blockchain for transactions. Despite previous attempts to extradite Kwon to South Korea, the latest development indicates his imminent extradition to the United States. This decision marks a significant turn in the legal saga surrounding TerraUSD's collapse and underscores the international ramifications of cryptocurrency-related fraud cases. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

4 days ago
davut1karabulut
davut1karabulut
followers

Why Arthur Hayes and Charles Hoskinson are opposites? 💬⚡ Cryptocurrency enthusiasts witnessed a fiery exchange as two influential figures, Arthur Hayes and Charles Hoskinson, engaged in a heated debate, predominantly revolving around Cardano (ADA). The saga unfolded on various platforms, with Twitter becoming the battlefield for this clash of titans. The drama kicked off with ADA Whale, a prominent Cardano community member, issuing a stern warning to Arthur Hayes. In an open letter, Hayes was compared to convicted fraudsters, sparking criticism for providing a platform to individuals with negative sentiments about Cardano. Charles Hoskinson, the co-founder of Cardano, entered the ring by questioning Hayes' criticisms. Hoskinson suggested that Hayes might be overlooking the inherent value of ADA and proposed considering Ethereum (ETH) as an alternative. In a bold move, Arthur Hayes challenged Cardano to showcase successful decentralized applications (dApps) or services. However, Charles Hoskinson did not provide a direct response to Hayes' challenge, leaving the question hanging in the air. The dispute spilled onto X, where ADA Whale, Hoskinson, and Hayes exchanged barbs. ADA Whale accused Hayes of damaging the crypto community's self-regulation and ethics, sparking a broader call for improved self-regulation within the industry. Seeking clarity, Charles Hoskinson directly confronted Hayes about his negative remarks on ADA. However, instead of a straightforward answer, Hayes responded provocatively, deeming ADA "worthless" and advising Hoskinson to shift focus to ETH. Hoskinson urged Cardano backers to highlight successful decentralized applications, adding complexity to the ongoing clash. The crypto community is divided on the influential figures' perspectives, creating a captivating spectacle in the industry. #charleshoskinson #ArthurHayes #ada #cardano #crypto

4 days ago
Cryptopolitan
Cryptopolitan
followers

The drama around Do Kwon, the Terraform Labs co-founder, just hit a new peak. He’s getting shipped off to the United States, facing charges that have the crypto community on edge. Since March 2023, Kwon’s been chilling in Montenegro, but it looks like his stay is about to get cut short. So, here’s the lowdown: A news piece out of Montenegro on February 21 spilled the beans. The big wigs at the High Court of Podgorica decided, nah, we’re not sending him to South Korea; the U.S. gets him. This came after Kwon’s lawyers threw a Hail Mary, saying, “Hey, shouldn’t our Justice Minister call the shots here?” But the court wasn’t having any of it. When’s Kwon jet-setting to the U.S.? That’s the million-dollar question. Post-Terra’s nosedive in May 2022, the guy’s been off the radar, popping up only when Montenegro’s cops nabbed him in March 2023 for toting around fake travel docs. He’s been warming a cell for four months and dealing with the whole extradition circus. Now, for the juicy bits you won’t find just anywhere. The Montenegrin court was like, “Do Kwon, the crypto king, is U.S. bound because they want him for some serious financial shenanigans,” according to Pobjeda. They gave South Korea’s extradition plea the cold shoulder. The appeal court had to step in and tell the higher-ups to make a call between South Korea and the U.S. Initially, the court figured, yeah, we can extradite him, leaving it to Justice Minister Andrej Milović to pick who gets Kwon. But then, twist! The appeal court said, “Hold up. Milović only gets a say in regular extradition stuff. Kwon’s agreed to go, so let’s speed this up.” Kwon’s lawyer, Goran Rodić, was all, “Legally, he should be off to South Korea first,” citing all sorts of legal jargon and treaties with the U.S. But on the flip side, Milović was playing politics, hinting at the U.S. being their BFF and wanting to tighten those extradition treaty bonds. Let’s not forget the drama at Podgorica airport on March 23 last year. Kwon and his buddy, Hon Chang Joon, were busted trying to fly to Dubai with fake Costa Rican passports. Cops found Belgian travel papers on them, too. In court, they claimed ignorance, saying they got those passports through a Singapore agency and had no clue they were fakes. Kwon even said they spotted errors in the Belgian passports but never used them because they trusted the agency too much after their Costa Rican passport application got approved. That’s the scoop. Kwon’s extradition saga is more tangled than last year’s Christmas lights, but it looks like the U.S. is set to untangle it. Let’s see how this plays out.

4 days ago
Coinpedia
Coinpedia
followers

The post Ripple vs. SEC: Settlement Predicted by Legal Expert; Monero and AI Altcoin Prepare for Substantial Growth appeared first on Coinpedia Fintech News In the whirlwind world of cryptocurrencies, two narratives capture our attention: Ripple’s ongoing legal drama with the SEC and the ascent of crypto stars—Monero and the innovative, AI-infused Borroe Finance. These stories aren’t just about digital cash; they’re shaping the future of how we interact with money. The Ripple Chronicles: A Beacon of Hope The legal saga between Ripple and the SEC has been nothing short of a rollercoaster for those invested in XRP and the broader crypto community. Legal eagle James Murphy recently lit up the scene with talk of a possible settlement. As we edge closer to the 2024 election year, Murphy points to a potential shake-up at the SEC that could finally bring peace to the realm. This tidbit has the crypto faithful clinging to hope for a positive twist in the tale. Ripple’s Ripple Effects As Ripple navigates these choppy legal waters, the crypto world spins on, with Monero and Borroe Finance catching the eye of savvy investors. Monero continues to be the go-to for those who prioritize privacy above all else, while Borroe Finance is breaking new ground by marrying AI with DeFi, all on the innovative Polygon blockchain. >>BUY $ROE TOKENS NOW<< Borroe Finance: Where AI and DeFi Collide Borroe Finance is stirring the pot in the DeFi space by introducing AI into the mix. This bold move is creating an ecosystem that’s rich with Dapps, CrossFi, oracles, token swaps, and liquidity pools. It’s a refreshing take that not only makes DeFi more accessible but also opens up novel avenues for securing immediate liquidity. Through its governance tokens, $ROE, Borroe Finance is redefining what a blockchain ecosystem can be. The New Wave of AI and Altcoins What sets Borroe Finance apart is its pioneering use of AI, poised to turn the DeFi world on its head. This innovation has not gone unnoticed by those on the lookout for the next big thing.  Jumping on the Bandwagon: Overcoming the FOMO In the fast-paced crypto universe, the fear of missing out (FOMO) often propels investors to jump on promising opportunities. With Borroe Finance’s presale on the horizon, potential backers are keen not to miss out on joining an AI-driven DeFi venture. The attraction of governance tokens and the promise of significant growth positions Borroe Finance as an enticing investment option for those looking to broaden their crypto holdings. Borroe Finance Presale: Don’t Miss Out The Borroe Finance presale is your ticket to being part of something truly revolutionary in the DeFi space. With $ROE tokens priced to sell at just $0.019, it represents a unique chance to get involved early in an AI-enhanced DeFi project. Available to investors through top tokens like Bitcoin, USDT, BNB, ETH, and even card payments, it’s an opportunity wide open for anyone eager to dive in. Wrapping Up: It’s Happening Now As we witness the unfolding of Ripple’s legal saga and Borroe Finance’s pioneering path, these developments are a testament to the ever-changing crypto landscape. The potential Ripple settlement could redefine regulatory boundaries, while Borroe Finance’s fresh approach to AI and DeFi heralds the next evolution in financial technology. For those ready to leap, Borroe Finance’s presale is a golden opportunity to be at the forefront of this exciting journey. In the swiftly moving crypto world, the time to act is now—before the next big wave of growth passes you by. Learn more about Borroe Finance ($ROE) here: Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter 

4 days ago
Kri
Kri
followers

While recent months have seen major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) take the spotlight – and with good reason, given the string of recent developments on the crypto market, but also in terms of regulations and technology – the so-called meme coins have yet to lose their prominence.  In fact, with investors getting more optimistic and driving more money into the crypto market and drawing more attention to it, meme coins are likely to see their relevance – and prices – surge.  Finally, with the Bitcoin halving – likely to drive the value of many coins and tokens up – and April 1 – likely to help at least some meme coins find new all-time highs – happening almost back-to-back, Finbold decided to look at some of the best internet-joke-based cryptocurrencies other than the famous Shiba Inu (SHIB). Dogecoin (DOGE) Having a conversation about meme coins likely to perform in any given year would be difficult without mentioning the original dog-themed cryptocurrency and the biggest one of its class with a market cap of more than $12 billion – Dogecoin (DOGE). The decade it spent on the crypto market already proved Dogecoin’s staying power, and given that it surpassed 1 million daily transactions this February, it also proved its continued relevance. DOGE has another uncommon boon watching its back – it is favored by the billionaire Elon Musk and, indeed, it received a major boost from him last April when he temporarily changed the logo of his social media platform, X, into a picture of a shiba inu dog. While it isn’t guaranteed Musk will pull off a similar joke this April, there is a decent chance that hopes that he will prove enough to drive the already high interest in the cryptocurrency even higher. Dogecoin price chart In terms of recent performance, Dogecoin has mostly been on a decline so far in 2024. Despite this, the most recent trend has been volatile but positive, and the meme coin is 8.72% in the green in the last 30 days and 6.76% in the last week. The last 24 hours of trading saw DOGE price rise 0.05% to $0.09. Pepecoin (PEPE) When it came out in the spring of 2023, Pepecoin (PEPE) – a frog-themed meme coin – took the crypto community by storm and led to the creation of several millionaires, with one allegedly managing to turn a mere $26 into well over $1 million. While PEPE’s initial surge was as short-lived as it was dramatic, it retained its relevance for meme coin enthusiasts, meaning it still boasts a chance to be a major beneficiary of the expected crypto bull market in 2024.  In fact, Pepecoin already received a significant boon in 2024 as its audience of potential traders was greatly expanded after Robinhood (NASDAQ: HOOD) released it for its EU customers earlier in February. Pepecoin price chart PEPE has also been performing decently in the first months of the year and is up 5.32% over the previous 30 days – despite taking a significant plunge early in February.  The most recent 7 days of trading have been particularly strong, and the meme coin is 10.67% in the green – largely due to the Robinhood listing. The last 24 hours of trading, however, saw it drop 2.50% to $0.000001177. Bonk (BONK) Bonk (BONK), the original meme coin of the Solana blockchain – whose native token SOL is a major contender for the title of one of the best performers of 2024 – is another cryptocurrency likely to surge significantly this year. The unassuming dog-themed token won its spot in the minds of crypto enthusiasts after it was discovered that each Solana Saga phone contained approximately $10 worth of it. This, paired with BONK’s 2023 surge, created an unusual arbitrage opportunity as the cryptocurrency found on the phone exceeded its retail value. This, in turn, drove BONK’s price up – and it is, indeed, still 11,383.35% above its launch price – and helped the Saga smartphones sell out. BONK price chart More recently, Bonk’s price calmed down somewhat, though it did record positive performance in the last 30 days, having surged 8.98% in the timeframe. Additionally, it is 0.75% in the green in the last 7 days, but as much as 4.34% in the red in the last 24 hours. Its press time price stands at $0.00001254. Finally, BONK is likely to receive another major boost in the coming months as the Solana mobile team recently announced it is working on a new smartphone. #Write2Earn

5 days ago
Todayq News
Todayq News
followers

XRP, the sixth largest crypto, printed greens on Tuesday sending relief to the market. XRP price jumped around 2% in the last 24 hours while Bitcoin (BTC) price recorded a decline. This surge had come after a long period of waiting time over the resolution of the Ripple vs US Securities and Exchange Commission (SEC) lawsuit. However, it is expected that the industry would have to hold back for some more time. Ripple set to reply To address some misconceptions regarding the Ripple vs. SEC case, it’s clarified that the extended deadline for remedies-related discovery is tomorrow, and we won’t see what Ripple has handed over until the SEC files its brief on March 13. The final decision by Judge Torres is not due in April; final submissions for remedies are due on April 29. The case might extend into July/August, and a settlement is the only way it could end by April. As the Ripple Vs SEC legal saga continues, the commission won a recent ruling regarding XRP’s status as a security. On February 20, Ripple is required to provide its financial documents to the SEC. This will mark a crucial date in the history of the lawsuit.  Ripple is required to submit records of financial statements for 2022 and 2023. However, the defendants will have to answer questions from the SEC and provide information on contracts made after the initial complaint about selling XRP to major organizations.  The defendants had resisted to submit the documents. Ripple was ordered by Judge Sarah Netburn to produce the information materials by February 12. An extension was further granted until February 20. Through this move, SEC aims to understand how Ripple uses XRP within its company. XRP whales on the move Amid this legal move, an on-chain whale tracker reported that crypto whales have moved around 70 million XRP tokens (approx worth $49 million) in multiple transactions in the last 24 hours. However, the biggest move was made by a wallet linked to Ripple. It moved 60 million XRP (approx worth $34 million) to an unknown wallet. Recently, David Schwartz, CTO of Ripple, engaged with the XRP community. He addressed concerns about Ripple’s sales impacting XRP’s price dynamics. XRP price has seen a surge of 8% in the last 7 days building a positive momentum in its favor. XRP is trading at an average price of $0.57, at the press time. Its 24 hour trading volume is up by 67% to stand at $1.4 billion. Get Premium Crypto Trading Signals from Real Crypto Analysts. Join our official Waiting List at todayq.com.

5 days ago
Mende Matthias is building Bonuz on BSC in Dubai
Mende Matthias is building Bonuz on BSC in Dubai
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Dare to dream that Bitcoin (BTC) could soar to its all-time high before the halving event? Brace yourselves for a thrilling reality check! Here I am, ready to unravel the electrifying saga of the titan of cryptocurrencies, as it dances on the edge of unprecedented milestones. Imagine the exhilaration as Bitcoin rocketed from a cool $25,000 to a staggering $52,000 in a mere four months, catapulting its market cap to a breathtaking $1 trillion. This monumental achievement thrust BTC into the elite circle of the world's top 10 tradable assets, even outshining the legendary Berkshire Hathaway and its $875 billion market cap. But hold your horses—achieving an all-time high? That's a fantasy I'm about to debunk. Bitcoin’s Herculean Challenge Let's get real—if your heart is set on Bitcoin surging an astronomical 34.5% to reach the $70,000 mark by April's end, it's time to wake up from that dream. Imagine the colossal wave of $350 billion needed to boost its market cap, propelling it past silver and the UK’s sterling. The crucial question is whether the currents of today's market can support such a titanic market cap for Bitcoin. Remember the heady days of November 2021, when Bitcoin flirted with the $69,000 zenith, riding high on the waves of rampant inflation and enticingly low-interest rates in the US? The investment landscape was ablaze with desire for risk-on assets. Fast forward to the present, facing a 3.1% CPI inflation rate for January 2024—a situation that, while tense, doesn't echo the economic fervor that previously fueled Bitcoin's meteoric rise. Moreover, with the spotlight on a projected 10.9% profit surge for S&P 500 companies, the allure of the US stock market is overshadowing the feverish quest for alternative investments like Bitcoin. A Dose of Bitcoin Reality Yes, the fanfare around spot Bitcoin ETFs and their $4 billion net inflows is impressive, signaling growth but not the explosive surge many fantasized about. Despite the crypto behemoth trailing 25% behind its historic peak, the anticipated institutional wave has yet to spark the bullish frenzy envisioned. Bitcoin, the rebel anthem against fiat currency dilution, embodies the relentless fight against inflation. Yet, as we edge closer to the halving, slashing mining rewards, and potentially dimming the network's hash rate, the dream of a pre-halving price surge seems more elusive than ever. Expect a significant slice of the hash rate to vanish post-halving, leaving only the mightiest rigs standing. (Well positioned in smart & low-cost areas) This saga of Bitcoin's quest to reclaim its all-time high is a tale of defiance, ambition, and the harsh gravity of economic realities. While the journey is fraught with market turmoil, regulatory shadows, and the whims of investor sentiment, the spirit of Bitcoin's battle remains undiminished. #Bitcoin‬ #BTC‬ #Write2Earn‬ #BTCATH #alltimehigh

6 days ago
CryptoPotato
CryptoPotato
followers

Meme coins have been a constant and exciting part of the cryptocurrency industry for a long while. It all started with Dogecoin (DOGE), but quickly escalated to an abundant ecosystem centered around memes, jokes, and community-building. Some meme coin projects have taken it to another level, creating usable blockchain solutions like layer-two networks, wallets, decentralized exchanges, and whatnot. Others have remained in the realm of jokes and memes and are predominantly centered around building communities. In the following, we take a look at the most exciting meme coins to watch in 2024, and we also seek an answer to the question of whether or not they can outperform Bitcoin. Dogecoin (DOGE) Think of Dogecoin as the godfather of meme coins. It was the first widely-recognized meme coin, created as a joke and nothing else. It’s been around since 2013, developed by Billy Marcus and Jackson Palmer. Dogecoin has one of the largest communities in the industry and has attracted popular figures like the billionaire owner of Tesla, SpaceX, and X (Twitter) – Elon Musk. Musk has stated, on multiple occasions, that he is a supporter of the cryptocurrency and that he will actively help with its development. DOGE has always been a precursor to volatility in the market. Whenever it starts moving, that’s when traders know to expect action. 2024 is believed by many to be the year when a large bull run will begin, as the Bitcoin halving will take place in April. If that turns out to be true, DOGE is likely to be one of the meme coins that will be worth watching. Will it reach the coveted goal of $1? Only time will tell. You can find a complete guide on Dogecoin here. Shiba Inu (SHIB) Dogecoin’s hegemony spawned the appearance of multiple meme coins that aimed to claim some (or all) of its dominance. The first one to do it successfully was Shiba Inu (SHIB). SHIB minted a lot of millionaires in the previous bull market, as it reached a total capitalization in the tens of billions. Small investments of a few hundred dollars were turned into hundreds of thousands if not millions, worth of profit. Unlike the majority of the other meme coins that come to prominence only to descend into quick oblivion, SHIB stuck around. After numerous changes of leadership and a lot of back-and-forth, the team behind it is currently building a complete ecosystem that consists of Shibarium – its layer-two blockchain solution, as well as a number of other applications. SHIB is just as unpredictable as any other meme coin, but with its built-in burning mechanism, a raging bull market might cause a lot of volatility in its price in 2024. You can find out more about Shibarium here: Dogwifhat (WIF) We are putting Dogwifhat (WIF) as the number three most exciting meme coin to watch in 2024 because it’s the newcomer on the block. WIF started out as most meme coins centered around a funny meme of a dog wearing a hat – hence, the name. The meme coin is built on Solana and is currently one of the largest on the network, fostering a community of tens of thousands of holders. WIF is known for its volatility, charting new highs and declines upwards of 30-40% every other week. This doesn’t discourage its community, which is constantly on the lookout for new members to put the hat on. Even Arthur Hayes – the former CEO and one of BitMEX’s co-founders – tweeted about it some time ago. Dogwifhat is a meme coin in the true spirit of the word – the developer has supposedly sold out all of his tokens, and the supply is currently in the hands of its fans. WIF doesn’t have anything else built around it but an abundance of memes and jokes. With the Solana ecosystem thriving in the past few months, meme coins built on it are certainly worth watching in 2024. Bonk Inu (BONK) Bonk Inu (BONK) is the O.G. meme coin on Solana. It took the world by storm in 2023, when it exploded to a market capitalization of close to $2 billion. The interesting fact about BONK is that it was found within Solana Saga phones released a while ago. Back then, the team included $10 worth of BONK in those phones as a playful gift to SAGA phone users and perhaps as a way in the ecosystem. Fast forward to 2023, that $10 gift was worth a few hundred dollars – more than the retail price of the phone itself. This caused an uptick in demand, driving the Saga phone’s price to $5000 on eBay. Whether or not BONK will regain its all-time highs of 2023 is something that remains to be seen, but the cryptocurrency has certainly proven that it’s one to watch in the conditions of a raging bull market. PEPE Coin (PEPE) If you’ve paid close attention to the previous four meme coins – you would have noticed that all of them share a common theme – they are dog-themed. Well, PEPE breaks the trend by introducing the first high-performing frog-themed meme coin. It was launched toward the middle of April in 2023 and soared to a market cap of more than $420 million less than three weeks after that. As you may have guessed, there’s a clear reference to Pepe the Frog Meme, although the official website clearly says that PEPE makes no claims about an association with Pepe the Frog. You can find detailed information about the meme coin in our video: Will These Outperform Bitcoin? Meme coins are incredibly volatile and their performance is unlike that of other cryptocurrencies like Bitcoin. We decided to check with ChatGPT on the matter and asked if the above will perform better than BTC in 2024. ChatGPT said that the meme coin market has a high degree of speculation and uncertainty, pinpointing five factors to watch in the coming year: Market sentiment and adoption Bitcoin’s position Utility and use cases Regulatory environment Market dynamics The chatbot concluded: While meme coins can experience sudden and dramatic price increases, they also carry significant risks and can be more susceptible to market sentiment swings. Bitcoin’s more established status might offer a different risk-reward profile. The post Top 5 Meme Coins to Watch in 2024: Will These Outperform Bitcoin? appeared first on CryptoPotato.

5 days ago
Cryptopolitan
Cryptopolitan
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In a significant update concerning the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, Ashley Prosper, a well-regarded member of the XRP community, has provided clarity on the expected timeline for the case’s progression and eventual resolution. Prosper’s insights come at a crucial juncture as stakeholders within the cryptocurrency sector closely monitor the developments of this landmark lawsuit. The case has seen numerous twists and turns and hinges on the SEC’s allegations that Ripple conducted unregistered securities offerings by selling XRP tokens. Prosper highlighted the current lawsuit phase, focusing on the remedies-related discovery process. According to Prosper, the deadline for this phase was extended to February 20, which also marks the date Ripple is mandated to submit its financial records in accordance with a court order. These records are anticipated to play a pivotal role in the proceedings, especially as the SEC seeks to establish the need for an injunction against Ripple’s future institutional sales of XRP. The documents in question, including Ripple’s audited financial statements for 2022 and 2023 and details of post-complaint institutional sales of XRP, are slated for public release on March 13, when the SEC files its remedies brief. Understanding the legal proceedings and implications The legal discourse surrounding the Ripple vs. SEC lawsuit extends beyond the immediate parties involved, touching on broader implications for the cryptocurrency industry. Ripple’s victories in certain aspects of the case, such as the rulings on XRP programmatic sales and the classification of the coin as a non-security, have been viewed as significant milestones. Conversely, the SEC has also seen success, notably in its motion to compel Ripple to produce its financial records concerning XRP institutional sales. Prosper’s analysis sheds light on the expected timeline for the lawsuit’s conclusion. Contrary to some speculations within the XRP community, the final judgment by Judge Analisa Torres is not anticipated until later in the year. Prosper cites the remedies schedule order, which sets April 29 as the deadline for the final submission of the remedies brief. Following this submission, a judgment is expected to be issued between July and August, although there remains the possibility of a delay until the following year. Prosper emphasizes that an April resolution would likely only occur through a settlement between Ripple and the SEC. A scenario that remains uncertain given the SEC’s apparent intent to leverage the case as a precedent for future regulatory actions against other crypto projects. The path forward for Ripple and the crypto industry The Ripple vs. SEC lawsuit has been closely watched by industry observers, as its outcome could have far-reaching implications for the regulatory landscape of cryptocurrencies in the United States. The case’s progression underscores the complexities of applying traditional securities laws to the rapidly evolving digital asset space. As the legal battle unfolds, the cryptocurrency community remains divided on the potential impact of the final judgment. The anticipation surrounding the disclosure of Ripple’s financial records and the subsequent steps in the legal process reflects the high stakes involved. With the SEC aiming to establish a precedent and Ripple defending its operational practices, the lawsuit serves as a litmus test for the future of cryptocurrency regulation. As the deadline for the remedies brief approaches, stakeholders are bracing for the next phase of this legal saga, which promises to shape the regulatory framework governing digital assets for years to come. In conclusion, the insights provided by Ashley Prosper offer a clearer understanding of the timeline and potential outcomes of the Ripple vs. SEC lawsuit. As the case progresses, its implications for Ripple, the XRP community, and the broader cryptocurrency industry remain a focal point of discussion and analysis.

5 days ago
Crypto
BNB
Battle Saga(BTL)

$2.97e-3

18.24%

Market Cap
N/A
 

Volume (24h)
5.71k
 

136.10%

Released on 20 Dec 2021

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