cryptocurrency

Nvidia crypto Lawsuit

U.S. Supreme Court Urged to Proceed with Nvidia Crypto Lawsuit

Officials from the U.S. Department of Justice and the Securities and Exchange Commission have urged the U.S. Supreme Court to allow a class action lawsuit against Nvidia to proceed. Accusing the tech giant of misleading investors about the impact of cryptocurrency mining on its 2017-2018 revenues. Details from the Amicus Brief The amicus brief, filed […]

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Ripple launches

Ripple Launches High-Speed Payment Solution in Brazil

Fintech giant Ripple has announced the introduction of its Ripple Payments system in Brazil. Marking a significant expansion of its services within South America. This move aims to enhance cross-border payment operations. Providing a faster and more cost-effective alternative for businesses engaged in international transactions. Partnership with Mercado Bitcoin Brazilian cryptocurrency exchange Mercado Bitcoin will

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Donald Trump

Trump Vows to Save Silk Road Founder Ross Ulbricht

Former President Donald Trump has once again pledged to intervene in the case of Ross Ulbricht. The imprisoned founder of Silk Road, marking a significant moment that rekindles discussions about justice, decentralization, and the role of cryptocurrencies in society. Renewed Pledge for Intervention Trump’s declaration, “I WILL SAVE ROSS ULBRICHT!” shared on Truth Social, has

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Bitwise

Bitwise Eyes Launch of XRP ETF Amid Regulatory Landscape

Bitwise, a prominent crypto asset manager based in San Francisco, California, has confirmed its plans to launch a major new exchange-traded fund (ETF) based on XRP. The seventh-largest cryptocurrency by market capitalization. This move follows the Securities and Exchange Commission (SEC)’s recent approvals of Bitcoin and Ethereum ETFs from various firms earlier this year. Growing

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Metaplanet Boosts Bitcoin Holdings

Metaplanet Boosts Bitcoin Holdings with $6.6 Million Purchase

Metaplanet, a Japanese investment firm, has expanded its Bitcoin portfolio by acquiring an additional 107.913 BTC for 1 billion yen, approximately $6.6 million USD. The purchase was made at an average price of 9,266,724 yen (around $61,932 USD) per Bitcoin, as announced in a press release on Tuesday. With this latest acquisition, Metaplanet’s total Bitcoin

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Changpeng Zhao

Changpeng Zhao Set for Early Release from Prison

Binance co-founder Changpeng Zhao, commonly known in the crypto world as “CZ,” is set to be released from prison on Friday evening, following a four-month sentence. Zhao had pleaded guilty to failing to maintain an effective anti-money laundering (AML) program at Binance, the world’s largest cryptocurrency exchange by trading volume, which he founded in 2017.

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Ethereum Outpaces Bitcoin

Ethereum Outpaces Bitcoin Following Fed Rate Cuts

The cryptocurrency landscape is experiencing notable shifts as Bitcoin lingers around the pivotal $64,000 mark. Ethereum is outpacing Bitcoin, especially since the Federal Reserve implemented a 50 basis point rate cut. This performance suggests changing dynamics in the market and has investors re-evaluating their positions. Institutional Investments Grow Despite slight market corrections, institutional enthusiasm for

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Bitcoin ETFs gain momentum

Bitcoin ETFs Gain Momentum

Bitcoin exchange-traded funds (ETFs) are witnessing a renewed surge of interest. Recent data from blockchain analytics firm Arkham Intelligence indicates that anticipation around Bitcoin ETFs is driving market excitement. While the U.S. Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin ETF, the growing demand reflects a shifting sentiment among investors. Bitcoin

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