The US District Court for the District of Utah has recently dismissed the case brought by the Securities and Exchange Commission (SEC) against DEBT Box. The court ruled in favor of DEBT Box, imposing fines totaling more than $1.8 million on the SEC for what was described as bad faith conduct. Despite this ruling, the
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The latest pump in the Solana meme coin market has led to a surge in the new token SHIB on Solana overnight. This price explosion can be attributed to the continued traction and interest in dog-themed meme coins, which have become popular among Solana meme coin traders. Currently, SHIB on Solana is trading at a
In the bustling world of NFTs, Magic Eden Marketplace stands out as a vibrant hub for enthusiasts in 2024. Originally focused on Solana-based NFTs, this decentralized platform has expanded its horizons to include Ethereum NFTs and the latest Bitcoin ordinals. With an impressive user count and reputation for low transaction costs, Magic Eden has become
In a market filled with positive sentiment towards cryptocurrencies, prominent crypto analyst Crypto Con has provided an optimistic assessment of Bitcoin’s potential future. By carefully examining historical patterns, Crypto Con has suggested that the price of BTC could surge to $123,832 in the coming months. His analysis is based on past market behavior and trends,
The Rehabilitation Trustee of the defunct crypto exchange Mt. Gox has made it clear that despite transferring over 140,000 BTC today, it has not sold its significant Bitcoin holdings. The trustee has emphasized that preparations to repay creditors are currently underway. The bankruptcy process is expected to compensate creditors with fiat currency, Bitcoin, and Bitcoin
Grayscale’s upcoming spot Ether exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission has sparked conversations about the potential impact it could have on the market. According to analysts at Kaiko, if Grayscale’s Ether Trust (ETHE) follows the pattern set by the Grayscale Bitcoin Trust (GBTC) in its transition to an ETF, we
Ethereum (ETH) is currently experiencing a significant technical breakout that has placed it at the forefront of an impending market surge. According to crypto analyst Jelle, Ethereum has recently broken out from a bearish pattern, specifically the “falling wedge,” and has successfully flipped key resistance levels into support zones. This breakthrough has propelled Ethereum towards
The value of the Normie (NORMIE) token plummeted by 99% in just three hours after falling victim to a smart contract exploit. This exploit led to a significant drop in Normie’s market cap, bringing it down from $42 million to a mere $200,000. Following the exploit, the developers of the Base meme coin are currently
Following a significant week for Ethereum, technical analysis reveals a candlestick pattern that could signal a sharp increase in ETH prices in the near future. Analysts are highlighting key events on the monthly chart, specifically noting the reversal of the ETH/BTC ratio from a long-standing support trend line. Traditionally, a bounce from this line leads
Floki Inu (FLOKI) has seen a significant rise of 20% in the past 24 hours, leading to a boost in its market cap to approximately $2.6 billion. This surge has also allowed Floki Inu to reclaim the fifth position in the meme coin sector. One of the key factors contributing to this price increase is