Author: NBTC
Ripple CLO Stuart Alderoty asserts that XRP’s non-security status alongside Judge Analisa Torres’ decision on XRP secondary market sales will not change even if the SEC appeals. He made the assertion during a recent interview with law professor J.W. Verret on Crypto Law TV. Prominent XRP community figure Digital Asset Investor shared an excerpt from the interview, focusing on what might happen if the SEC decides to appeal. What if the SEC appeals the @ripple case? @s_alderoty @JWVerret pic.twitter.com/xoaAAewjcy — Digital Asset Investor (@digitalassetbuy) August 15, 2024 According to Alderoty, Judge Torres’ decisions about XRP not being security in itself…
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining Highs Amid Market Fluctuations While bitcoin (BTC) surpassed the $70,000 mark for 14 days in 2024, it has maintained a position above $60,000 for a considerably longer period. As of Sunday, June 16, bitcoin’s value stands at $66,572 per unit, approximately 10% below its all-time high of $73,794,…
Developed by the Philippines’ crypto exchange Coins.ph, the PHPC stablecoin tied to the Philippine Peso has made its way to Ronin. PHPC, an Ethereum-based stablecoin created by Coins.ph, is now available on Ronin, enabling local blockchain game players to use their in-game earnings and funds to pay for goods and services within the country. PHPC is LIVE on Ronin! 🇵🇭The stable coin of the Philippines has arrived ⚔️• 1 PHPC ≈ 1PHP⁰• Approved by the Bangko Sentral ng Pilipinas⁰• Supported by @coinsphFull announcement 👇📜 : https://t.co/wNAWuCJdsO pic.twitter.com/C4IsbreU2V — Ronin (@Ronin_Network) July 8, 2024 In a Jul. 8 blog announcement, Ronin…
Eleanor Terrett, a crypto journalist, in her blog post highlighted the shortcomings of the ‘Crypto for Harris’ town hall meeting held on Wednesday. The event, which aimed to address crypto regulations and industry growth, fell short of expectations, leaving many viewers dissatisfied. Terrett’s analysis captured mixed reactions from attendees, focusing on the issues that emerged during the town hall. 🚨NEW from me: ‘Crypto For Harris’ town hall fails to sell industry on proposed ‘reset’I asked for viewer feedback on the @Crypto4Harris town hall and wrote about my findings — the good, the bad and the ugly.https://t.co/Wly7alrgj1 — Eleanor Terrett (@EleanorTerrett)…
Against the backdrop of Bitcoin’s – to put it mildly – less than encouraging price behavior, and as a consequence that of the entire crypto market, the voices of skeptics and critics of the new asset class have begun to erupt publicly again. Thus, in a recent series of posts, Peter Schiff has questioned the stability of cryptocurrency and MicroStrategy, raising concerns about the potential for a crash. Despite the buying activity of 11 spot Bitcoin ETFs, Schiff pointed out that BTC has been trading sideways for over three months and is currently 11% below its March high. He questioned…
COTI (COTI) is an innovative platform designed to provide advanced solutions tailored for the digital payment landscape and the corporate token ecosystem. Utilizing its Directed Acyclic Graph (DAG) protocol and a distinctive Proof of Trust consensus algorithm, COTI facilitates high-volume transactions with remarkable speed, security, and environmental sustainability. With a strong focus on regulatory compliance, the platform offers businesses cost-effective, eco-friendly, and legally compliant payment solutions, including KYC and AML controls. This article delves into two key questions: What is COTI (COTI), and how can you purchase COTI (COTI) using TRY? Contents hide 1 What is COTI (COTI)? 2 How…
Dennis Kelleher, Better Markets’ President and CEO, expresses confidence in the SEC’s likelihood of winning on appeal against Ripple. According to Kelleher, the SEC has a 90% chance of succeeding on appeal. Kelleher issued the speculation in reaction to claims made by Ripple CLO Stuart Alderoty regarding the possibility of the Second Circuit overturning Judge Torres’ decision. Ripple CLO Says SEC Has 10% Chance of Winning on Appeal As reported earlier, the Ripple CLO asserted that the Second Circuit would not overturn Judge Torres’ decision on XRP’s non-security status and secondary market trading of the coin. For context, Judge Torres…
Bitcoin (BTC) dropped by 4.4% last week pressured by long-term holders (LTH), whales, and miners selling their holdings, according to the latest edition of the “Bitfinex Alpha” report. The movements happened mainly through exchange sales and over-the-counter (OTC) transactions. These groups, historically known to divest during bull markets and consolidation phases, are demonstrating their market influence once again. The recent selling, though less intense than previous instances, underscores the significant impact LTHs and whales have on liquidity and price fluctuations. Image: Bitfinex/TradingView Notably, on-chain metrics reveal that LTHs were the main contributors to the recent sell-off, overshadowing exchange-traded funds (ETF)…
Litecoin completed over 12 million transactions last month, surpassing many other blockchain lifetime totals. Crypto analyst MASTERBTCLTC predicts Litecoin will peak in October 2025 based on historical cycles. Litecoin recently achieved a huge milestone by processing over 12 million transactions in the last month. This is an impressive achievement, surpassing the lifetime transactions of several other blockchains. BREAKING: Litecoin has just completed over 12 million transactions in the last month. That’s more than some blockchains have done in their lifetimes. What’s in your wallet? #Litecoin ⚡️ $LTC pic.twitter.com/dU1xjF44vr — Litecoin (@litecoin) July 6, 2024 Despite this milestone, the market reaction…
Dennis Kelleher gives a 90% probability that the SEC will triumph in its appeal in the Ripple case, which he considers the flaws of the decision made by Judge Torres. Kelleher saw Judge Torres’ decision to exempt retail transactions from securities laws as a shift from legal studies’ conventional precedents. Ripple is fined $125M and may initiate a Supreme Court lawsuit, suggesting persistent regulatory issues in the cryptocurrency market. The current legal battle involving Ripple and the U. S.Securities and Exchange Commission has also drawn criticism from other commentators.This includes Dennis Kelleher, the acting CEO of Better Markets. Other factors…