Author: NBTC
Ripple CEO Brad Garlinghouse has reacted to the SEC’s surprising decision to drop the Coinbase case, claiming that the agency is now moving on “quickly” from the policies of the previous administration. “Suffice it to say (as I know there are lots of impatient people, including me!), this SEC has demonstrated a clear interest in moving on quickly (!) from the failed regulation by enforcement policies of the last Administration,” he said. As reported by U.Today, Coinbase CEO Brian Armstrong announced that the agency would drop the case against the leading US exchange. Notably, the trading platform will not have…
This is a segment from the Empire newsletter. To read full editions, subscribe. Let’s be honest: Ethereum’s not having a good time. Part of it, as I wrote yesterday, is due to the overall lack of momentum for altcoins. There’s also just a lack of positive sentiment — which is unlike what we’re seeing for bitcoin (even if it hovers below $100,000). In my conversation with Amberdata’s Greg Magadini, one part that was left out of yesterday’s edition were his thoughts on ETH. “The drag on ETH, in my mind, is because the value proposition of EIP-1559 creating a supply…
Ethereum sustains about $2,700 and is aiming for a breakout rally. With the growing institutional support, the SEC has acknowledged the possibility of a new feature for the Ethereum ETFs. This quick development over the past 24 hours has increased the hype around Ethereum. Will the increased hype result in a new bull run for the biggest altcoin? Let’s find out. Ethereum’s Price Action and Key Resistance Levels In the 4-hour price chart, the Ethereum price trend highlights a triangle pattern. Currently, the Ethereum price rallies within the pattern to challenge the overhead trendline. Trading at $2,741, Ethereum is also…
As February unfolds, the cryptocurrency market continues to witness significant developments. Among the key events, Nasdaq’s decision to review Grayscale’s applications for Exchange Traded Funds (ETFs) based on XRP, Litecoin (LTC), and Solana has captured the attention of investors, analysts, and market participants. Additionally, Cardano, a prominent player in the blockchain space, continues to show strength, with growing interest from both institutional and retail investors. This news update provides a comprehensive overview of these developments, their potential impact on the market, and what to expect in the coming weeks. Nasdaq, one of the world’s leading stock exchanges, has begun the…
Attorney John Deaton references his disclosure to FEC, saying his investment in XRP ranges between $1 million and $5 million as of August 2024. The lawyer made this revelation while responding to an X user who accused him of secretly prioritizing Bitcoin investments over XRP. How It Started This comes after the pro-XRP lawyer commented on the potential impact of creating a strategic Bitcoin reserve in the United States. Deaton, who claimed 80% of his net worth is in BTC, suggested that Bitcoin might soar to $1 million if the U.S. government creates a Bitcoin reserve. According to him, other…
China’s Jiangsu Provincial High People’s Court recently released information about a foreign-related case involving a 15.74M yuan cryptocurrency contract gone bad between Singaporean investor, Pan Moumou and Chinese citizen, Tian Moumou. China’s regulation of cryptocurrencies has always been strict. While citizens of China are allowed to own and trade digital currencies, the country does not recognize digital assets as legal tender. As such, Chinese laws assert that whatever risks are attached to contracts or agreements involving cryptocurrencies will be borne by the contractors, and the law cannot protect them. This is especially the case in the Pan and Tian dispute…
REI Network, a well-known decentralized blockchain framework adapting the latest industry trends, has collaborated with PathPulse AI. The partnership targets to utilize blockchain and AI technologies to develop next-gen smart city solutions. Both entities seek to address a few key challenges in the urban environments. Worldwide cities are currently experiencing difficulties in traffic management, public safety, environmental sustainability, and energy efficiency. We’re thrilled to announce our partnership with @PathPulse_ai! 🤝Together, we’re bringing AI-driven smart city solutions to the blockchain! With REI Network’s zero-fee, high-performance blockchain and PathPulse’s cutting-edge urban intelligence, we’re unlocking a future where… pic.twitter.com/pxnAFQWeNs — REI Network｜From #GXChain!…
Bitcoin price is currently down by more than two percent and on Sunday, the coin reached a low of $92,941. BTC has now reversed and is trading above the $93k level. “After the post-Christmas market-wide dip, crypto markets are seeing an encouraging trend of whales moving stablecoins to exchanges,” Santiment reported. Historically, Q4 has been a strong period for Bitcoin and altcoins, which aligns with market cycles. We’re currently experiencing a cooldown, which is common after a halving event, like the one that happened in 2024. Following the halvings of previous years (2012, 2016, and 2020), Bitcoin experienced significant rallies…
The following is a guest article from Mike Wasyl, CEO at Bracket. DeFi has fast-tracked and failed with some terrible economic models over the last four years. But there’s something romantic about a tarpless economy that keeps onlookers gawking. Peeling back the penguins, Ponzi schemes, and perpetual jargon, we find a 24/7 market creating opportunities for generations left to fend for themselves. No 30-year ice cream scooper pensions for Gen Z. Jokes aside, we younger generations had little choice but to use the tools we were dealt. In our brokerage accounts, we click around a fine UI generated by some…
The upcoming Pectra upgrade for Ethereum will transform how institutional staking operates, with key changes to validator consolidation and new prospects for automatic compounding— features that could reduce infrastructure costs by up to 90%, according to Artemiy Parshakov, vice president of institutions at P2P.org. Decrypt spoke with Parshakov on Wednesday at Consensus 2025 in Hong Kong, tackling how the Pectra upgrade introduces these features and how they could boost the sector. “For the staking ecosystem, this is a huge one,” Parshakov told Decrypt, adding that, “in comparison with Shanghai, it’s on par.” While Ethereum’s Shanghai upgrade enabled withdrawals, Pectra brings…