Bitcoin’s (BTC) recovery is facing selling above $27,000, indicating near-term nervousness due to the Federal Reserve’s meeting on Sep. 20. However, long-term investors are unfazed and they have continued to accumulate. Glassnode data shows that Bitcoin’s inactive supply has been at all-time highs since July. This bullish temperament is not reflected in institutional activity, however. […]
The failure of the bears to sink Bitcoin’s (BTC) price below $25,000-support ignited buying interest last week. The positive momentum picked up further at the start of the new week and buyers are trying to sustain Bitcoin’s price above $27,000. Market participants seem to be buoyant on expectations that the Federal Reserve will not hike […]
Lawyer John Deaton, who represents various XRP token holders in the Ripple- Securities Exchange Commission (SEC) suit, has officially sent his notification of look as an Amicus Curiae in the LBRY suit. According to a file sent on Sept. 14, 2023, to the United States Court of Appeals for the First Circuit, Deaton has formally […]
In July, a United States judge ruled that Ripple Labs’ XRP (XRP) token was not a security when offered to the public on secondary markets. While the Securities and Exchange Commission will contest the choice, the wider cryptocurrency neighborhood has accepted it, as crypto trades on exchanges may avoid the securities deal label. Despite the […]
The U.S. Securities and Exchange Commission hasactually sent a filing advising the court to grant its movement to appeal a judgment from the Ripple Labs suit that considered that XRP was not a security when offered to retail financiers. The firm argued that there are “knotty legal issues” surrounding the court’s application of the law […]
The bulls tried to shake Bitcoin from its slumber on Sept. 7, but the rally was short-lived. This suggests a lack of clarity between the bulls and the bears about Bitcoin’s (BTC) next directional move. Analyst CryptoCon said on X (formerly Twitter) that Bitcoin could remain in a “mid cycle lull” until the start of the next […]
Bitcoin (BTC) has a opportunity to end 2023 at $35,000 regardlessof heading lower in inbetween, veteran expert Filbfilb thinks. In his mostcurrent interview with Cointelegraph, the co-founder of trading suite Decentrader exposes some BTC rate targets that needto resonate with the long-lasting holder base. Bitcoin dealswith numerous challenges to its present uptrend, and the present […]
The United States’ equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) also attempted a relief rally, the bulls could not sustain the higher levels. In the end, Bitcoin finished the week with a marginal loss of […]
Amidst speculation relatingto a possible resolution inbetween Ripple and the United States Securities and Exchange Commission (SEC), lawyer John Deaton, representing many XRP token holders, hasactually detailed the possible actions the 2 celebrations may take if they decide for a settlement. Addressing the aspects that may effect a prospective settlement inbetween the 2 celebrations, lawyer […]
Amidst a series of quick advancements, the XRP cryptocurrency market experiences increased activity. A current considerable purchase hasactually been found by Whale Alert, a renowned crypto-tracking platform. Whale Alert reported a substantial transfer of 66,666,659 XRP (approximately $33,065,809) from Binance to an concealed wallet. This significant relocation has stimulated speculation about its possible effect and […]
Lawyers representing Ripple in its suit with the United States Securities and Exchange Commission (SEC) have recommended the regulator hasn’t fulfilled the requirements to demand an appeal. In a Sept. 1 filing with U.S. District Court for the Southern District of New York, Ripple’s legal group stated the SEC’s premises for an appeal mainly rested […]
Bitcoin’s (BTC) volatility has increased over the past few days. The price soared on Aug. 29 after Grayscale scored a victory over the United States Securities and Exchange Commission (SEC). However, the euphoria was short-lived as the price gave back all the recent gains on the news that the SEC delayed the decision on all […]