Ripple’s XRP has surpassed Tether (USDT) to become the third-largest cryptocurrency by market capitalization. XRP’s recent series of surges has made waves in the crypto ecosystem. The legal battle of Ripple with the U.S. Securities and Exchange Commission (SEC), which accused the company of selling unregistered securities, had a favourable
December 17, 2024 2 mins read
Mark Longo, known as the “Squirrel Dad” and the owner of Peanut the Squirrel, has initiated legal proceedings against Binance, a leading cryptocurrency exchange. He asserts that Binance infringed on his copyright by using Peanut’s images and narratives without consent. Longo stated on X, “This is the first of multiple
December 16, 2024 2 mins read
The Financial Accounting Standards Board (FASB) has officially implemented the new fair value accounting rules for Bitcoin (BTC). It is set to take effect starting in fiscal years beginning after December 15, 2024. This rule allows companies to determine their Bitcoin holdings at market value rather than just the purchase
December 16, 2024 2 mins read
After a brief bearish correction, the crypto market has surged back, fueled by Bitcoin’s new all-time high of $106,488, igniting fresh gains across assets. Following BTC’s lead, Fantom (FTM) has emerged as a standout performer in the gainers list with a 14% rally over the past 24 hours. Fantom has
December 16, 2024 3 mins read
With the crypto market cap spiking over 1.50%, reaching $3.65 trillion, all major assets show varied price actions. Bitcoin (BTC), the largest asset continued to trade within the $101K range. Notably, among the altcoins, Chainlink (LINK) has recorded a modest 4.46% gain over the past 24 hours. LINK’s price momentum
December 14, 2024 2 mins read
As the new week of anticipation unfolds, the crypto market displays mixed signals. The major cryptocurrencies like Bitcoin and Ethereum have exhibited moderate spikes over the last 24 hours. BTC needs to test a series of resistance levels on the upside for further gains. Over the past few days, Bitcoin
December 14, 2024 2 mins read
MicroStrategy Incorporated, the world’s largest corporate holder of Bitcoin, is to join the Nasdaq-100 Index. This will take effect before the market opens on December 23, 2024, as part of the index’s annual reconstitution. Under the leadership of Executive Chairman Michael Saylor, MicroStrategy began its Bitcoin acquisition strategy in 2020
December 14, 2024 2 mins read
Societe Generale has accomplished its first collateralized market transaction executed in collaboration with the Bank of France. It has employed the technological capabilities of Societe Generale’s blockchain subsidiary, SG-Forge. Moreover, this transaction is the first-ever repo operation in digital securities involving a central bank of the Eurosystem. This demonstrates the
December 13, 2024 2 mins read
Bears in the crypto market have reversed the momentum, pushing prices into the red zone. With Bitcoin continuing to trade above the anticipated $100K threshold, the market eyes on Ethereum to reclaim the $4K mark. Despite the current market trend, crypto analysts are targeting big, forecasting that Ethereum will soon
December 13, 2024 2 mins read
Donald Trump’s transition team is reportedly examining the changes to the federal banking regulatory framework in collaboration with the recently established Department of Government Efficiency (DOGE). The proposals, which could reshape the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), have raised concerns.
December 13, 2024 2 mins read
