Welcome to the Cryptocurrency Category, your go-to source for all things related to the dynamic and transformative world of cryptocurrencies and blockchain technology. Here, we dive deep into the latest news, trends, and insights that define the rapidly evolving landscape of digital assets.
Explore articles that cover a diverse range of cryptocurrency topics, from in-depth analyses of market trends and price movements to explorations of blockchain technology, tokenomics, and decentralized finance (DeFi). Our experts provide comprehensive coverage of major cryptocurrencies like Bitcoin, Ethereum, and other prominent altcoins, as well as the emerging projects shaping the future of finance and technology.
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SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’ The U.S. Securities and Exchange Commission (SEC) has filed a motion to appeal a ruling from the Ripple Labs lawsuit that stated XRP was not a security. The SEC argues that there are “knotty legal problems” with the court’s interpretation of the law, … Read more
Judge Torres ruled in July that Ripple violated federal securities law in its sale of XRP to institutional investors, but not to retail investors. However, Judge Jed Rakoff disagreed with this ruling in a separate case brought by the SEC. The SEC referenced this disagreement in its first memo and recent filing in an effort … Read more
Bitcoin Shows Signs of Life Bitcoin experienced a slight boost in price, rising 3% to reach $26,400 before dropping back down below $26,000. The CoinDesk Market Index also saw a 2% increase before retracting. Throughout the month, Bitcoin has struggled to surpass $26,000 as traders awaited regulatory clarity, such as the SEC’s decision regarding the … Read more
Building sustainability and resilience into ‘Dev Fund 2’ Discussions about a new development fund for Zcash have begun as the current fund will expire in November 2024. The community is expressing a preference for changes in how Zcash issuance is distributed and who receives it. The current structure, where 80% of Zcash issuance goes to … Read more
Bitcoin (BTC) hovered around its key long-term trendline as the US dollar gained strength, reaching its highest level in six months. The BTC price focused on the $25,700 area, showing less volatility compared to the previous day. Bitcoin market participants remained cautious with predictions of a further decline in price. Traders and analysts identified the … Read more
Bitcoin’s on-chain metric, the Spent Output Profit Ratio (SOPR), suggests that there may be more downside for the cryptocurrency before a rebound occurs. Currently, short-term holders (STH) are selling their coins at a loss, indicating that loss-taking is dominant in the market. The 30-day moving average (MA) Bitcoin SOPR has recently dipped below the support … Read more
Recent court filings have revealed a series of financial transactions that occurred prior to the decline of FTX in November 2022. The filings suggest that these transactions predominantly benefited individuals in influential positions within the company. However, FTX debtors have cautioned that the accuracy and completeness of the data cannot be guaranteed. One notable transaction … Read more
A recent report from China’s People’s Court challenges the government’s historical stance on cryptocurrency by recognizing virtual assets as legal property. This is a departure from China’s strict regulations and bans on cryptocurrencies. The report asserts that virtual assets possess economic attributes that categorize them as property. While this recognition does not directly challenge the … Read more
Streaming video is a rapidly growing industry, with the OTT video market expected to reach $200 billion by 2023. However, the revenue-sharing mechanics of the industry are imbalanced, with platforms capturing most of the revenue and leaving minimal value for content creators. To address this issue, a decentralized video distribution ecosystem called Replay is utilizing … Read more
XRP transfers surge Whale Alert, a crypto tracking platform, has discovered a large purchase of Ripple’s XRP token, worth $33 million. The transaction involved the transfer of 66,666,659 XRP from Binance to an undisclosed wallet, sparking speculation about its potential impact on the token’s price. This comes amidst a legal battle between Ripple and the … Read more
