The SEC and Ripple are trying to settle their long-running legal battle. They’ve asked a higher court to put their appeals on hold while they work out the details with the trial judge. A Proposed Settlement The proposed deal involves Ripple paying $50 million – a significant reduction from the original $125 million penalty. The…
The cryptocurrency market, once a niche experiment, is now a multi-trillion dollar industry attracting major investors. Funding rounds and mergers and acquisitions (M&A) are crucial to its growth, fueling innovation and consolidation. Crypto Funding: The Current State Crypto funding saw record highs in 2021 and 2022, followed by a dip in 2023, but signs of…
Crypto investments are defying recent global instability, seeing a massive influx of cash. Billions Flowing into Crypto According to CoinShares, a leading investment firm, institutional investors poured over $1.9 billion into digital asset investment products last week alone. This marks the ninth straight week of inflows, totaling a staggering $12.9 billion over this period. Year-to-date,…
Trump Media & Technology Group (TMTG) has received approval from the Securities and Exchange Commission (SEC) to invest up to $2.5 billion in Bitcoin. This allows them to proceed with plans to add Bitcoin to their treasury. Bitcoin as a Shield and a Tool TMTG CEO Devin Nunes explained the decision, stating that a Bitcoin…
Trump’s social media platform, Truth Social, has applied to the SEC for a new exchange-traded fund (ETF) that would invest in both Bitcoin (BTC) and Ethereum (ETH). The ETF Proposal The filing describes the ETF as a trust that will hold BTC and ETH, with each share representing a piece of the trust’s assets. Yorkville…
A massive wave of corporate Bitcoin adoption is underway. In just five days (June 9th-13th), over 60 companies made announcements related to Bitcoin, showcasing a huge surge in interest. This shows businesses are increasingly viewing Bitcoin as a mainstream financial asset. New Bitcoin Treasuries Emerge Six companies created brand new Bitcoin treasuries, adding a combined…
A crypto analyst, X Force, is looking at past Bitcoin price patterns to predict the future. Their analysis suggests good things for Bitcoin, but warns of a potential price drop. A Bullish Outlook Based on Past Trends X Force points to a specific price pattern from early 2023. This pattern, they argue, shows that the…
Bybit, a well-known crypto exchange, is launching its first decentralized exchange (DEX), Byreal, built on the Solana blockchain. It’s aiming for a testnet launch on June 30th, with a full launch planned for Q3 2025. This move shows Bybit’s commitment to DeFi and the growing preference for transparent, decentralized trading. A Hybrid Approach Bybit’s CEO,…
A new study reveals some surprising online habits across the UK. Let’s dive into the data! Liverpool Leads in Crypto Investing Liverpool has taken the crown as the UK’s crypto hotspot! A whopping 13% of Liverpudlians regularly invest in cryptocurrency and track their holdings – more than any other city in the study. This shows…
XRP’s price has been a bit of a rollercoaster lately. It’s been struggling to break above $2.20, recently dipping as low as $2.10. While the overall crypto market is pretty calm, there’s a chance XRP could take a serious dive. Technical Analysis Suggests Potential Crash Technical analysis suggests XRP is stuck between resistance and support…
