Author: admin
advertisement Cryptocurrency exchange Crypto.com on Tuesday notified the U.S. Securities and Exchange Commission (SEC), Chairman Gary Guenther, and four commissioners after being notified that the regulator intends to bring enforcement action against the company. announced that they have filed a lawsuit against them. . According to Crypto.com, this legal action is aimed at protecting the future of the American cryptocurrency industry. Crypto.com has filed a lawsuit against the Securities and Exchange Commission for overstepping its authority by calling most crypto securities. The exchange said in a post sharing news of the lawsuit that it had been issued a wells notice…
XRP, the cryptocurrency associated with Ripple, continues to navigate a volatile landscape, with regulatory uncertainty and market speculation dominating the headlines. Recent developments have brought both challenges and potential opportunities to digital assets.Ripple CTO mentions Satoshi rumorsDavid Schwartz, Ripple’s chief technology officer and principal architect of the XRP ledger, recently addressed long-standing speculation about his involvement with Bitcoin’s mysterious creator Satoshi Nakamoto. In response to a question on X (formerly Twitter), Schwartz clarified that he didn’t get involved with cryptocurrencies until mid-2011, long after Bitcoin was created in 2009.The debate was sparked by a new HBO documentary, Money Electric: The…
Even Dogecoin co-founder Billy Marcus shared his thoughts on the true identity of Bitcoin founder Satoshi Nakamoto. Like many others, Marcus reiterates that it is not Peter Todd, as the HBO documentary claims. Dogecoin: Billy Marcus denies identity of Bitcoin creator revealed by HBO Dogecoin co-founder Billy Marcus has denied the revelations in an HBO documentary about the true identity of Bitcoin founder Satoshi Nakamoto. Not Peter Todd bro 🤦♂️— Shibetoshi Nakamoto (@BillyM2k) October 9, 2024 “That’s not Peter Todd, brother.” In fact, this week all eyes are on Karen Hoback’s documentary revealing that Satoshi Nakamoto is Peter Todd. For…
Qubetics powers Ethereum scaling with EVM compatibility, FET leads AI blockchain, Monero faces market volatilityIn a world increasingly reliant on digital transactions, traditional financial systems often suffer from inefficiencies, resulting in long transaction times and high fees. These challenges can stifle innovation, hinder economic growth, and make it difficult for businesses and individuals to thrive. Qubetics is making waves in the cryptocurrency space by offering EVM compatibility, one of the most sought-after features in blockchain technology. This powerful feature allows developers to seamlessly deploy and extend their existing Ethereum-based tools and decentralized apps (dApps) on the Qubetics platform.As the Ethereum…
On Wednesday, global payments giant Stripe made good on its April promise to resume support for cryptocurrencies, marking six years since it first discontinued Bitcoin payments on its platform.The San Francisco-based company has introduced a new payment option that allows businesses to accept USD Coin (USDC) from customers in more than 150 countries, Jeff Weinstein, Stripe’s head of product, said on Twitter (X ) was announced.“Crypto on Stripe is officially back!” he tweeted. “Today, we’re rolling this out to hundreds of thousands of U.S. businesses.” Support for more countries will be rolled out in the near future. Decrypt has come…
Litio’s switch of its yield pot from Ethereum to Avalanche reflects a strategic move to address higher demand and scalability, and signals Avalanche’s growing influence in financial technology. Avalanche’s technology highlights the potential of blockchain technology to enable financial access to the underbanked and transform the traditional banking landscape. As reported by CNF in February, in response to Colombia’s cryptocurrency regulations, Colombian neobank Litio has switched its blockchain network to increase Latin American exposure to U.S. Treasury securities. Previously using Ethereum (ETH), Littio has moved to Avalanche (AVAX) to support its Yield Pots product, which allows users to earn interest…
Veteran technical analyst Peter Brandt recently suggested that Bitcoin continues to outperform gold in the long-term store of value story. He pointed this out in his latest analysis of the BTC/GLD ratio. The premier crypto asset has been steadily “kicking gold’s butt” and could be on the brink of a monumental rally if it can break through key resistance levels, according to market veterans. Bitcoin vs Gold In his chart, Brandt reveals a long-term upward trend in the BTC/GLD ratio, showing the increasing strength of Bitcoin relative to gold over the past few years. This ratio has previously been supported…
The Chinese government has reportedly moved a total of 7,000 Ethereum coins worth $16.7 million seized from the multibillion-dollar Ponzi scheme PlusToken. This has already put some pressure on Ethereum price, which has fallen another 2% below the $2,400 level in the past few hours. Chinese government to sell 542,000 ETH? Recent developments have sparked speculation that the Chinese government may eventually sell the remaining 542,000 ETH, worth more than $1.3 billion, seized in the PlusToken scam. This could cause the price of Ethereum to plummet below $2,000. OXT Research analyst ErgoBTC reported that the Chinese wallets associated with the…
Investing.com — Bitcoin prices fell further and lost further ground on Thursday as risk appetite remained subdued ahead of key US inflation data that is likely to be factored into the interest rate outlook. The world’s largest cryptocurrency was also weighed down by speculation about a sale of large amounts of tokens held by the U.S. government, but such a sale still seemed a long way off. The broader crypto market also fell on Thursday, lagging far behind gains in other risk-driven markets, especially stocks. By 12:50 a.m. ET (4:50 p.m. Japan time), shares were down 2.3% to $60,919.2. CPI…
German investment firm Lennerz & Co. aims to raise $165 million for its third cryptocurrency-focused venture, making it one of the largest funds of funds active in the blockchain space. It is expected that there will be two. In an interview with Fortune, Oksana Tiet, head of fund investments at Lennarts, said the fund had already reached its first close, but declined to provide numbers. Lennertz, a multifamily office founded in 2015, invests in a variety of asset classes, including private equity and traditional venture capital. The company started betting on the blockchain space around 2016, investing privately in one…