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Coingecko said the XRP price, which currently sells for $0.5384, has been embroiled in a legal battle with the U.S. Securities and Exchange Commission (SEC) since 2020. The nearly four-year legal battle between the SEC and Ripple has cast a shadow over Ripple and Ripple. XRP price. This legal dispute between the SEC and Ripple has created great uncertainty in the XRP price. Ripple was once elevated to a top player, but XRP prices have been stagnant for years due to uncertainty due to ongoing SEC regulatory pressure. Meanwhile, the innovative and technologically advanced wallet WallitIQ (WLTQ) and its token…
advertisement Things may be slowing down in the crypto world, but experienced people know that this usually doesn’t continue very often. Instead, it checks signals, monitors movements, and calculates the next move. Most importantly, we remain open-minded to different options and opportunities within the market, including our new premium presale, Zig Network (ZIG). This article describes the fascinating project and deciphers what excites its owners and its potential. Let’s take a closer look at the numbers and movements of Litecoin (LTC) and Uniswap (UNI) to see if they can influence market movements. You can learn more about Zig Network (ZIG),…
advertisement Asset manager Canary Capital has officially filed an S-1 registration form with the U.S. Securities and Exchange Commission (SEC), less than a week after filing for an XRP-based ETF. The plan is to launch a spot exchange-traded fund (ETF) that directly holds Litecoin (LTC), which is derived from Bitcoin. Litecoin joins XRP in ETF race Canary Capital seems to want to be a leader, not a follower, in the world of crypto exchange-traded funds. The company filed a registration statement for a Litecoin ETF with the Securities and Exchange Commission on Tuesday. According to Canary Capital, this ETF product…
Dogecoin price rebounded to a high of $0.1249 over the past 24 hours, experiencing 13% volatility. Analysts pointed to Tesla’s Bitcoin whale transfer as the main catalyst for the rise in DOGE prices. Dogecoin (DOGE) performance Dogecoin (DOGE) has moved upwards by about 13% over the past 24 hours, from a low of $0.1105 to a high of $0.1249. As of 9am UTC on Wednesday, the token had settled around the $0.12 range, allowing it to lock in more than 7% of its gains on the daily chart. A surge in investor interest sustained DOGE’s latest price action. Within the…
LONDON – 16 October 2024 – Today at Meridian 2024, Stellar’s annual conference, Paxos announced that it will integrate with Stellar Network, an open source blockchain used for various payment and remittance applications. . This means that Paxos’ tokenization platform has been further extended to a trusted and growing blockchain. The collaboration between Paxos and Stellar will further accelerate institutional adoption of stablecoins issued by prudentially regulated institutions. Institutional adoption of these stablecoins is a key element to achieving widespread use and utility of the digital dollar. Companies and institutions need secure, compliant, and trusted tokens to participate in the…
As the 2024 US presidential election approaches, cryptocurrency regulation is at the center of political debate. Adrian Harris, director of the New York State Department of Financial Services (NYDFS), has emerged as one of the most influential figures in cryptocurrency regulation in the United States. She recently appeared at the Ripple Swell event in Miami, where she shared important advice with industry leaders on navigating the regulatory landscape. Harris emphasized the importance of transparency and proactive communication between cryptocurrency companies and regulators to avoid unnecessary pitfalls. Harris sat down with Stuart Alderroti, Ripple’s chief legal officer, to candidly discuss the…
Neo, a financial markets and payments processing banking technology company, surveyed 100 European payment research providers (PSPs) and the results cast a negative light on banks.29% of PSPs are hesitant to work with crypto exchanges due to constraints imposed by banking partners.However, the growing popularity of stablecoins as a means of international money transfer “could limit the opportunities for PSPs to participate in this growing sector, potentially impacting their ability to innovate.”Research shows that PSPs are careful not to alienate their relationships with banks. As many as 95% of people have had their accounts restricted or closed by their bank.The…
Canary Capital has made significant progress with the filing of the No. 1 Litecoin ETF application with the U.S. SEC on October 15, 2024.This ETF aims to provide investors with direct exposure to LTC through spot LTC holdings and tracking CoinDesk LTX. If accepted, institutional and individual investors will be able to purchase Litecoin without having to purchase and hold the actual cryptocurrency.This is considered a good thing for Litecoin. This filing is already impacting the market as the price of Litecoin is increasing. LTC was trading above $71 on Wednesday after rising 6% on Tuesday. The announcement of the…
Blockchain expert Adesina Ajayi In a world where politics and social media are inseparable, US-based Nigerian blockchain expert Adesina Ajayi sees blockchain technology reshaping the way we interact with politics and voting. Ajay is at the forefront of a movement advocating for blockchain-based social media platforms to promote more transparent, decentralized, and secure democratic processes. In a recent interview with TechCabal, he shared insights on how blockchain could revolutionize the political landscape and voting systems. Ajayi, widely known for his pioneering work in blockchain consulting and education, argues that the current social media platforms that have become integral to political…
It was a great month for the US stock market, mainly due to easy monetary policy. Since the club’s last monthly meeting, investors have been celebrating the Federal Reserve’s transition to an era of lower interest rates. On September 18th, the US central bank announced the first interest rate cut in more than four years, sending stock indexes to record highs. Most recently, the S&P 500 and Dow Jones Industrial Average both closed at record levels on Monday. Since their monthly meeting on September 12th, the S&P and Dow are up 4.5% and 4%, respectively. We took advantage of the…