Ethereum has recently seen a 3% decline, bringing its value to $3,480. This slip is part of a broader trend observed by analysts at Wintermute, who described the cryptocurrency as being range-bound between $3,200 and $3,400. This price range has become crucial for traders utilizing the Iron Condor strategy in derivatives trading—a tactic that profits […]
Ethereum’s Market Dynamics and Emerging ETF Interest Read More »
Ripple Labs, the innovative blockchain company known for its development of the XRP token, finds itself embroiled in fresh legal turmoil. A civil securities lawsuit targeting CEO Brad Garlinghouse has been approved to proceed to trial by a California federal court, spotlighting allegations of misleading conduct back in 2017. At the core of this legal
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Terraform Labs and its former CEO, Do Kwon, have consented to a substantial settlement of approximately $4.5 billion, as revealed in recent court filings. This agreement comes after they were held liable for civil fraud in connection to the $40 billion debacle of UST and LUNA in 2022. Last month, a Manhattan jury concluded that
SEC Settles with Terraform Labs for $4.5 Billion Read More »
In an unprecedented move, America’s leading public companies have substantially increased their engagement with blockchain technologies, according to Coinbase’s latest State of Crypto report. The first quarter of 2024 saw a remarkable 39% year-over-year growth in onchain initiatives among the Fortune 100, highlighting a burgeoning corporate interest in blockchain applications. The report also indicates that
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During a recent fundraising event, Republican presidential candidate Donald Trump declared himself the “crypto president,” a stance that resonated among attendees. According to a report by Reuters, this proclamation was echoed by Trevor Traina, a former ambassador under Trump’s administration, who attended the event. Traina relayed that Trump expressed decidedly pro-crypto sentiments. Trump, however, did
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In a recent live television appearance, Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), offered a nuanced take on the crypto industry, hinting at a possible softening in his approach towards cryptocurrency regulations, particularly regarding the potential for crypto ETFs. Speaking on CNBC with Jim Cramer, Gensler discussed the need for
Gensler Softens Stance on Crypto, Hints at ETF Potential Read More »
May marked a significant milestone for cryptocurrency regulation with the U.S. Securities and Exchange Commission (SEC) approving spot Ethereum ETFs. This decision is not just a win for Ethereum but could potentially reshape the entire landscape of crypto regulation. The approval came after persistent advocacy, including a bipartisan plea from House Representatives to SEC Chair
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In a significant shift in the cryptocurrency investment landscape, the United States Securities and Exchange Commission (SEC) has granted approval for spot Ethereum exchange-traded funds (ETFs), marking a pivotal moment months after initially greenlighting Bitcoin ETFs. This historic decision came on May 23, after a long period of minimal engagement with the applicants, signaling a
Historic Green Light for Ethereum ETFs Read More »
Bitcoin (BTC) $ 113,403.00 0.12%
Ethereum (ETH) $ 4,275.87 2.51%
XRP (XRP) $ 2.91 0.48%
Tether (USDT) $ 1.00 0%
BNB (BNB) $ 845.35 1.53%
Solana (SOL) $ 182.98 2.54%
USDC (USDC) $ 0.999807 0%
Lido Staked Ether (STETH) $ 4,263.11 2.5%
TRON (TRX) $ 0.349909 0.1%
Dogecoin (DOGE) $ 0.216231 1.05%