Ripple has been facing harsh penalties from the US SEC for its XRP sales, arguing lack of regulatory clarity. However, the recent court ruling on Binance’s BNB token has caught Ripple’s attention. Judge Amy Jackson dismissed SEC’s claims regarding Binance’s token sales, leading Ripple to file a Notice of Supplemental Authority. Ripple argues that the
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DraftKings, a well-known online sportsbook operator, is currently facing legal challenges, particularly in light of the recent DraftKings NFT lawsuit. A US District Judge in Massachusetts recently made a ruling that denied DraftKings’ motion to dismiss a class action lawsuit related to its NFTs. This decision has the potential to significantly impact the classification and
Ethereum (ETH) is currently facing a significant downturn, with its price plummeting towards the critical support level of $3,051. This sudden drop in price indicates a surge in selling pressure and a prevailing bearish sentiment in the market. Traders are closely watching Ethereum’s behavior as it approaches this crucial threshold, looking for signs of either
Bitcoin, despite facing significant bearish trends and market headwinds, has seen a surge in accumulation by large investors holding more than $600,000 worth of Bitcoin. According to recent data from the on-chain tracking platform Santiment, these whales have been increasing their holdings over the last six months. The most active participants in this accumulation are
In a surprising turn of events, meme coin DADDY has experienced a significant surge of 35% in its price within the last 24 hours. This surge has propelled the coin to trade at around $0.15 according to CoinGecko, with its market capitalization inching closer to the $100 million mark. The catalyst for this rally seems
A recent analysis by cryptocurrency analyst Quinten François has created quite a stir in the crypto community. François has put forward an ultra-bullish narrative for Bitcoin’s future trajectory, suggesting that the flagship cryptocurrency could potentially soar to an astonishing $4.5 million. This projection is based on the significance of Bitcoin’s fourth halving event, with François
Recently, crypto exchange KuCoin made an announcement that they would be implementing a 7.5% value-added tax on trading fees for their Nigerian users starting on July 8th. This news has sparked discussion and debate within the crypto community in Nigeria and beyond. The decision by KuCoin to collect a VAT on trading fees has raised
Meta’s Mark Zuckerberg has set his sights on a future where smart glasses equipped with holographic displays will take over as the main communication and computing device for humanity. In a recent interview, Zuckerberg discussed Meta’s exciting future product, endorsing a set of smart glasses that boast cameras, microphones, speakers, and a full field-of-view holographic
Cardano (ADA) has been on a rollercoaster ride recently, moving from its yearly high of $0.810 in March to as low as $0.357 on June 22. Despite this volatility, ADA has shown resilience compared to Bitcoin (BTC) and Ethereum (ETH), with a 2% increase in the past 24 hours and over 12% in the past
Asset managers are currently optimistic about the Security and Exchange Commission’s approval for the first U.S. ETFs directly investing in Ethereum. There is a deadline set by the SEC for ETF applicants to submit updated paperwork and amended S-1s by July 8, with the possibility of additional rounds of filings. Recent feedback from the SEC