Author: NBTC
Judge Torres is deliberating on penalties and injunctions in the Ripple Vs SEC case, with a decision expected in August. Both parties may file appeals despite Ripple’s multiple wins, keeping the legal battle ongoing. The decision on penalties and the injunction’s wording will significantly impact Ripple’s business and the broader cryptocurrency industry. In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Judge Analisa Torres is currently deliberating on a final ruling over penalties and injunction in the remedies phase. 🚨BREAKING: Judge Analisa Torres is in the middle of deliberations, trying to come up with…
The price of Bitcoin (BTC) fell to $58,555 on June 24, but the bulls bought the dips. Long-term forecast for the Bitcoin price: bearish The price pulled back above the psychological $60,000 mark and continued its fluctuating trend. Today, the BTC price has recovered and broken out of the current price range of $60,000 to $63,000. On the upside, Bitcoin will encounter resistance near the moving average line. A break above the moving average lines would propel Bitcoin to a high of $70,000. On the other hand, if Bitcoin fails to break above the moving average lines, it will be…
The second trading day for spot Ethereum exchange-traded funds (ETFs) saw a similar trading volume of $1 billion, but experienced a significant $133 million outflow, while spot Bitcoin ETFs saw inflows of $44 million. Despite the short-term setback, ETF analysts remain bullish on spot ETH ETFs, calling their approval a turning point for the crypto industry. As highlighted in a post on social media platform X (previously known as Twitter) by Nate Geraci, the President of ETF Store, ETF analysts and industry leaders are bullish on spot ETH ETFs. “What these ETFs do is open up bridges b/w Ethereum &…
The largest meme cryptocurrencies are outperforming the market benchmark yet again, while some lesser-known coins secure their spots in the top league. Meanwhile, Dogecoin (DOGE) replaces Toncoin (TON) as the ninth largest cryptocurrency and Pepe (PEPE) blasts past Polygon (MATIC). Popcat (POPCAT) meme coin jumps in top 100, targets $900 million cap The largest cat-themed meme coin Popcat (POPCAT) is among the best performers amid the 100 largest cryptocurrencies on CoinGecko. In the last 24 hours, the just-for-fun crypto added 12.8% and almost reached $900 million in market cap equivalent. Popcat (POPCAT) is also an undisputed leader in weekly performance.…
The Dutch finance ministry has denied requests for additional funding to monitor the crypto sector amid new European regulations. The Dutch finance ministry has rejected multiple requests for additional funding from the local financial regulator to enhance its oversight of the crypto sector. According to local news reports, the ministry has also imposed limits on the contributions that the Authority for the Financial Markets can seek from the financial sector itself. You might also like: Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks The AFM, which regulates financial markets in the Netherlands, argues that increased…
Disney joins the web3 bandwagon and enters the metaverse with a Carrieverse partnership. Fans can engage with iconic Disney and Pixar characters in Carrieverse. In celebration, Carrieverse hosts an event tied to CVTX, signaling strong market interest. Disney makes its official entrance into the metaverse with its latest Carrieverse partnership. The entities have a content licensing agreement where the leading web3 platform will integrate Disney’s iconic characters including Pixar characters into the digital world of Carrieverse. The development of the Disney Exhibition Hall has begun!Although it’s still under construction, you’ll be able to see the Disney logo for yourself in…
Lugano’s Plan ₿ Biz School educates students on Bitcoin and blockchain technology. The Plan ₿ Business Hub in Lugano will house over 300 blockchain experts. Lugano’s initiative includes 500 student grants and a 100M+ CHF investment pool for blockchain startups. The City of Lugano, Switzerland, has launched ‘Plan ₿ Biz School,’ a new initiative designed to teach students about Bitcoin. The project is part of Lugano’s Plan ₿, a partnership between the city and Tether to integrate Bitcoin technology into the local financial infrastructure. JUST IN: The City of Lugano, Switzerland launches “Plan ₿ Biz School” to teach student about…
In a recent statement, QCP Capital, a famous cryptocurrency analysis firm, shared its assessment of Ethereum (ETH) following the approval and trading of Ethereum Spot ETFs. Wall Street witnessed a momentous event yesterday as spot Ethereum ETFs made their debut, generating over $1 billion in volume in their first day of trading. Grayscale Ethereum Trust (ETHE) led the way, accounting for nearly half of the total volume. It was closely followed by BlackRock’s iShare Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH). James Seyffart of Bloomberg Intelligence shared his views, saying: “For me, they pretty much met expectations. In terms…
Intersect, a member-based organization for the Cardano ecosystem, recently shared an update it captioned as “Chang Readiness” in a recent tweet. The Chang upgrades, the first of which is anticipated for August 2024 (assuming community readiness) mark a crucial milestone in the Cardano upgrade road map. Chang effectively is the first hard fork on the Cardano network’s Voltaire era. This upgrade is more than just a standard update; it represents a significant advancement in blockchain technology, addressing fundamental challenges and unlocking new potential for the Cardano network. Chang Readiness 👀The hardfork working group have published a detailed review of ecosystem…
South Korean prosecutors are preparing to launch a new joint crypto-crime investigation division next spring. As reported by Aju Press, this strategic shift aims to address communication gaps with domestic agencies like the Financial Intelligence Unit (FIU) and other international bodies. The current ad-hoc unit will transition into a full-fledged division, enabling better coordination and efficient handling of crypto-related offenses. This development comes amid new evidence suggesting that North Korea’s Lazarus Group recently laundered over $150,000 in stolen cryptocurrency through a Cambodian payments firm. The sophisticated tactics employed by the attackers highlight the challenges in combating crypto-related crime in the…