Ripple Labs is taking the SEC to court again, challenging a previous ruling that classified some XRP transactions as securities. This move comes after the SEC appealed a district court decision that favored Ripple earlier this year. Ripple’s Counterattack Ripple filed a cross-appeal, essentially asking the court to re-examine the case. This means the court…
A hacker who tricked people into thinking the SEC had approved Bitcoin ETFs is facing a plea deal. The Fake News Tweet In January, the hacker took control of the SEC’s Twitter account and posted a fake announcement claiming the agency had approved Bitcoin ETFs. This caused a huge spike in cryptocurrency prices. The SEC…
Ethereum, the second-largest cryptocurrency, has been struggling lately. It dropped 6% last week and even dipped below $2,400 on Saturday. But don’t worry, there might be a silver lining. A Bullish Signal A popular crypto analyst, Ali Martinez, has spotted a potential buy signal for Ethereum. He’s using a technical indicator called the Tom Demark…
Ethereum (ETH) has been doing pretty well lately, even after a slight dip last week. One analyst, Ali Martinez, thinks it could even hit a new all-time high of $6,000! Holding the Line Martinez says Ethereum is currently testing a crucial support level at $2,400. If it stays above this level, it could break through…
Chainlink, the network that connects blockchains to real-world data, is still a top performer when it comes to development activity. According to Santiment, a crypto analytics platform, Chainlink has had the most development activity among all ERC-20 projects for the past 30 days. What’s the Big Deal About Development? Santiment says that a lot of…
The US is getting ready to unleash a new wave of sanctions against Russia, targeting companies and individuals helping Moscow’s war effort. This comes as Russia and China, both members of the BRICS economic bloc, are strengthening their ties. BRICS: A Growing Force? BRICS, which stands for Brazil, Russia, India, China, and South Africa, is…
A crypto payment company called Transak has had a major security breach, affecting over 92,000 of its users. The culprit? A hacker who got into an employee’s laptop. How Did It Happen? The hacker used a “sophisticated phishing attack” to steal an employee’s login credentials. This gave them access to a third-party company that Transak…
Get ready for some serious crypto FOMO! Several Bitcoin holders who bought the coin years ago have recently woken up from their digital slumber and moved their holdings, making massive profits in the process. The Big Sleepers The 14-Year Nap: One lucky investor, who bought Bitcoin back in 2010, recently activated a wallet containing 50…
Bitcoin’s Big Breakout? A popular crypto analyst, Mags, thinks Bitcoin is about to explode. He’s seeing a big “cup and handle” pattern on the Bitcoin price chart, which is a classic sign of a major rally. What’s a Cup and Handle? The “cup and handle” is a technical chart pattern that looks like, well, a…
Big Players Are Loading Up Big investors, called “whales,” are holding a record-breaking amount of Bitcoin – over 670,000 coins! This is the most Bitcoin ever held by a single group. What Does This Mean for Bitcoin? Experts think this whale activity could have a few effects on Bitcoin’s price: Short-Term Dip: Bitcoin might drop…
