Year: 2024

summary Speculation about a potential settlement in the Ripple and SEC lawsuit has intensified following a recent court ruling. Legal analysts stress the confidentiality of settlement discussions, minimizing the likelihood of any leaks. Amid looming deadlines, the outcome of the case remains uncertain. Ripple to reveal financial records. Nevertheless, legal experts closely observing the case…

The Genesis bankruptcy case ruling on Feb. 14 could lead to increased selling pressure and outflows for Grayscale’s GBTC. Judge Sean Lane of the U.S. Bankruptcy Court approved Genesis, a subsidiary of Digital Currency Group (DCG), to sell shares from various Grayscale crypto products, which include its Bitcoin ETF GBTC, its Ethereum Trust (ETHE), and…

The SEC requested the court to dismiss the case without prejudice, while DEBT Box alleges a double standard is in action. DEBT Box is urging a federal judge not to grant the Security and Exchange Commission’s recent motion to dismiss its case against the cryptocurrency project, alleging the federal agency is trying to conceal serious…

Cryptocurrency analyst Smiley discussed his price forecasts for BTC, ETH, and SOL in his statement for 2024. Value of Key Cryptocurrencies According to Smiley’s forecast, Bitcoin (BTC) is expected to fluctuate between $100,000 and $120,000 in 2024. The analyst anticipates Ethereum (ETH) to achieve a range between $7,000 and $8,000 in value. The prediction suggests…

in brief The launch of Plutus V3 on SanchoNet elevates Cardano’s smart contract capabilities, bolstered by new crypto primitives and SOPs, thereby enhancing efficiency. Plutus V3 is geared towards expanding Cardano’s blockchain applications through its advanced features. Input Output Global, a prominent research and development firm in the blockchain sector, has unveiled the launch of…

Renowned cryptocurrency podcaster Lark Davis anticipates the U.S. Securities and Exchange Commission (SEC) greenlighting additional spot Exchange-Traded Funds (ETFs) for alternative cryptocurrencies later this year, following the recent approval of numerous spot Bitcoin ETFs. Sharing his insights on Saturday, Davis began by highlighting Ethereum, underscoring its potential to surge to $4,000 by May 23rd, driven…

Superchief Gallery is unveiling its newest location in San Francisco, acclaimed as the world’s premier gallery exclusively dedicated to Bitcoin Ordinals art. Superchief Gallery announced on Wednesday the launch of what is being acclaimed as the world’s inaugural gallery dedicated to Bitcoin Ordinals artwork. Situated in San Francisco, this new gallery is a collaboration with…

Famed YouTuber KSI made a comeback on his crypto-focused X account (formerly Twitter) after more than a year of silence, only to encounter a community notice warning users to “proceed with caution” due to his actions of “selling off crypto tokens” shortly following a promotional activity. The multi-talented personality, encompassing roles as a boxer, YouTuber,…

In a Wednesday morning interview with CNBC, SEC Chair Gary Gensler once more emphasized that the January approval of the Bitcoin ETF did not signify an endorsement of the digital asset itself. The U.S. Securities and Exchange Commission greenlit approximately a dozen spot Bitcoin ETFs last month. While enthusiasts of cryptocurrency viewed this as a…