Prita Ghozie

Ripple Case May End Without SEC Appeal

The Securities and Exchange Commission (SEC) may not appeal the court ruling that partially favored Ripple Labs. This suggests the SEC wants to avoid setting a precedent that could hurt their future efforts to regulate cryptocurrencies. Why the SEC May Avoid an Appeal Kristina Littman, a former SEC official, believes the SEC may accept the…

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Summer.fi Rewards Users with RAYS Points

Summer.fi, a decentralized finance (DeFi) platform, has launched RAYS, a points system to incentivize user engagement. Retroactive Participation and Points Claiming As of June 18, 2024, Summer.fi users and those active in the DeFi ecosystem will receive RAYS based on their past activity. From June 20 to September 17, users can claim their RAYS. Non-Summer.fi…

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Ethereum Set to Soar, SEC Ruling a Game-Changer

A respected crypto analyst known as Credible Crypto is predicting big things for Ethereum (ETH). Ethereum’s Solid Support Credible Crypto believes ETH is unlikely to fall below $1,600, with strong support between $2,800 and $3,430. SEC Ruling as a Catalyst The recent decision by the U.S. Securities and Exchange Commission (SEC) to end its investigation…

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Bitcoin Price: Crucial Moment Approaches

Crypto analyst Josh Olszewicz has shared insights into Bitcoin’s immediate future using technical analysis tools. Ichimoku Cloud Analysis Bitcoin is currently hovering near the edge of the Ichimoku Cloud. A break above the cloud could indicate a bullish trend, while a fall below it could signal bearish momentum. Olszewicz emphasizes a “do or die” scenario…

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Jump Trading Under CFTC Investigation

Hacks and Collapses Plague Jump Trading The Commodity Futures Trading Commission (CFTC) is investigating Chicago-based Jump Trading’s involvement in the crypto market. The firm has faced setbacks, including: A $325 million hack of Wormhole $300 million in losses from the FTX collapse Involvement in the TerraUSD stablecoin collapse Crypto Crackdown Intensifies The SEC and DOJ…

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