Author: NBTC
Ripple vs SEC case finally ends, with ripple dropped its cross-appeal, marking a major win. Ripple gets back $75 million, while the SEC retains $50 million in settlement! Polymarket predicts an 86% chance of XRP ETF approval before 2025 officially ends! XRP continue to stays stable at $2.40, with analysts expecting a breakout toward $3.40 soon. Ripple’s legal battle with the SEC is finally over! The crypto giant has dropped its cross-appeal, marking the official end of the case. The SEC will keep $50 million, and Ripple gets back $75 million from the $125 million fine. With the lawsuit settled,…
Core DAO and Element Wallet are collaborating to expand Bitcoin’s utility for holders, offering new avenues for interaction beyond simple storage. This partnership emphasizes user privacy while aiming to maximize the security of decentralized finance (DeFi) mechanisms like Bitcoin staking. BeInCrypto discussed with representatives from both platforms to explore how user privacy and enhanced functionality in staking can create new opportunities for Bitcoin-oriented DeFi participation. Expanding Bitcoin Use Cases For 2025, the CORE team aims to develop new use cases for Bitcoin holders who wish to use their BTC rather than keep it perpetually stored. Core achieves this by enabling…
Goldman Sachs COO John Waldron could become the investment banking giant’s next leader, and he is talking up his banking customers’ considerable demand for bitcoin (BTC). Waldron is working on BTC-related services that he hopes will help the firm capitalize on a new regulatory regime that has seen restrictions on digital asset-supporting financial institutions lifted. Waldron wants Goldman Sachs to engage in the sector like never before. For example, the bank recently restarted its digital asset trading desk, and in early March, his team of crypto traders started dealing in BTC futures and non-deliverable forwards. A source familiar with the…
Dogecoin whale transactions have dropped over 69% since November, signaling reduced liquidity and investor confidence. The decline in large transactions aligns with a 49% drop in market cap, reinforcing the link between whale activity and price trends. If whales resume accumulation, Dogecoin could see a price rebound, but continued inactivity may prolong bearish momentum. The whales’ transactions in Dogecoin surged hinting at a change in investor sentiment. According to analytics by Santiment, large transactions above $100,000 plunged by more than 69% since the beginning of November. Moreover, the number of $1 million-plus transactions has crashed. Consequently, this trend correlates with…
The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Web3 gaming platform Immutable and will not file enforcement charges, according to a Tuesday announcement from the company. Immutable, an Australian company, disclosed that it had received a Wells notice — essentially an official heads-up from the SEC that it intends to file an enforcement action against the recipient — in November. At the time, the firm speculated that the SEC’s investigation was tied to its listing and private sales of its native IMX token back in 2021. “We are pleased the SEC has concluded its inquiry,” said…
Bitcoin price is consolidating above the $96,200 support zone. BTC is showing a few positive signs and might attempt to rally above $99,000. Bitcoin started a decent recovery wave above the $95,000 level. The price is trading above $96,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $98,000 zone. Bitcoin Price Eyes Fresh Increase Bitcoin price failed to continue higher above the $100,500 zone. It started another…
A mystery crypto exec, said to be in the midst of a $10 billion divorce battle, may have found an unlikely ally and legal advisor in the form of controversial crypto mogul Justin Sun. Influencer @cryptobraveHQ claimed last week via X that the former boss of a top crypto exchange has undergone a divorce, according to “people close to the matter.” The post, translated from Chinese, claimed the couple’s dividable assets exceed $10 billion and include crypto and various other assets that are still being totted up. Sun responded to this the post by offering to help protect the “legal…
Legal experts James Murphy and Paul Grewal have emphasized the critical role Ripple’s legal fight against the SEC played in securing the future of the U.S. crypto industry. In a discussion on X, the two prominent figures highlighted just how critical this battle was in safeguarding the broader crypto ecosystem. James Murphy, founder of MetaLawman, and Paul Grewal, Chief Legal Officer of Coinbase, both acknowledged that Ripple’s legal team, particularly Chief Legal Officer Stuart Alderoty and legal expert John Deaton, were instrumental in standing against the SEC’s initial regulatory pushes. Who Helped Delay the SEC’s Early Crypto Crackdown? Reflecting on…
Main Takeaways When MicroStrategy (now Strategy) took the plunge into Bitcoin, it wasn’t exactly headline news. But over time, its bold strategy turned quiet ripples into a tidal shift in how companies view corporate reserves. By gradually accumulating over 152,000 Bitcoin that keeps growing in value, MicroStrategy pioneered a new approach – one that challenged conventional financial wisdom and intrigued many across boardrooms worldwide. This ripple effect is undeniable as businesses everywhere are following suit, rethinking, redefining, and rewriting the rules of corporate treasury management. In our last blog, we unpacked how Bitcoin might just steal gold’s crown as the…
On March 24, Bitcoin (BTC) is spearheading what appears to be a cryptocurrency market resurgence after weeks of turbulence and stagnation. Specifically, on Monday, BTC soared 2.46% to its press time price of $88.142. The rally was the extension of a greater rise that started on Sunday, March 23, and kicked off with the world’s premier cryptocurrency changing hands at about $84,000. For the excitement in the digital assets market, its primary stock market extension, a selection of blockchain companies have been making even grander moves. Of these, MARA Holdings Inc. (NASDAQ: MARA) proved among the best-performing stocks in the…