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While the global crypto market turns positive, Ripple’s XRP has firm signs of resurgence, bolstered by improving market sentiment and anticipation surrounding upcoming SEC developments. The XRP market sentiment has notably turned positive, buoyed by expectations surrounding an upcoming SEC settlement discussion scheduled for July 18th. Speculation is rife that
July 16, 2024 2 mins read
While the global crypto market turns green for the week with Bitcoin (BTC) climbing to $63,000, the leading altcoin Solana (SOL) breaches the $160 zone after five weeks of consolidation. This positive trend is fueling optimism among investors and analysts alike. According to on-chain analyst @ali_charts, if Solana’s price reaches
July 16, 2024 2 mins read
In renewed bullish activity across the cryptocurrency market, propelled by Bitcoin’s recent surge to $63,000, meme coins have once again captured the spotlight. Among them, Floki, a meme-based cryptocurrency inspired by Elon Musk’s dog, has seen significant movements. Today, Floki recorded a 28% increase, pushing its price to $0.0001866 and
July 16, 2024 2 mins read
BlackRock, the world’s largest asset manager, has reported a strong performance in the second quarter with assets under management (AUM) climbing to a staggering $10.6 trillion. This marks a nearly 13% increase from the previous year. Further, earnings per share (EPS) also saw growth, rising to $9.99 from $9.06, while
July 15, 2024 1 min read
The global cryptocurrency community is buzzing with excitement as Nate Geraci, president of the ETF Store, predicts the imminent approval of spot Ethereum exchange-traded funds (ETFs). This anticipation has significantly influenced Ether’s market performance, ETH has climbed over the $3,300 zone. Currently, Ethereum (ETH) is trading at $3,348, reflecting a
July 15, 2024 2 mins read
Bitcoin’s (BTC) price has extended its upward momentum, hitting the $63,000 mark on Monday. This rise comes against a backdrop of heightened market activity and dramatic news, including a failed assassination attempt on former President Donald Trump, which added to the market’s surge. Over the past day, Bitcoin’s price has
July 15, 2024 2 mins read
The German government’s Bitcoin holdings have seen a drastic 90% reduction, with Bitcoin (BTC) falling to break the $60,000 zone twice in 48 hours. This substantial sell-off has led to heightened market volatility and investor concern. In January, the German authorities seized a substantial stash of Bitcoin, totaling 49,860 BTC,
July 12, 2024 2 mins read
In a recent hearing, U.S. District Judge Katherine Polk Failla advised Coinbase to either drop or significantly revise its efforts to subpoena U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s personal communications. The hearing was convened following the SEC’s request to block Coinbase’s subpoena, which south access to Gensler’s
July 12, 2024 1 min read
The world’s largest crypto exchange, Binance, is reportedly finalizing negotiations with Megazone, a South Korean cloud service provider, to sell its ownership stake in Gopax. According to the South Korean local news report, this move is part of Binance’s strategy to enhance its governance structure in response to regulatory requirements
July 11, 2024 1 min read
After the approval of the 11-spot Bitcoin (BTC) ETF on January 11, expectations are high for more developments in the market. Also, the discussion around potential exchange-traded funds for various digital assets has intensified. Also, the U.S. Securities and Exchange Commission’s (SEC) green light for eight Spot Ethereum ETFs on
July 11, 2024 2 mins read