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Search Results for: xrp

Ripple CLO Criticizes SEC Over Use of Crypto Asset Security Term

Ripple’s Chief Legal Officer, Stuart Alderoty, has openly criticized the U.S. Securities and Exchange Commission (SEC) for its repeated use of the term “crypto asset security”.  Alderoty in his X post stated, “The term ‘crypto asset security’ is nowhere to be found in any statute, it’s a fabricated term with

September 3, 2024 2 mins read

Is Litecoin (LTC) on the Verge of a Bullish Surge?

Cryptocurrencies are facing a considerable loss in a bearish ride within the crypto market, including Bitcoin (BTC) and Ethereum (ETH). Moreover, other altcoins are struggling to sustain the recent gains attained. In particular, Litecoin (LTC) exhibits a daily surge of 3.30% in market price.  LTC hit its six-day high and

August 31, 2024 2 mins read

Binance Coin Consolidates Within a Defined Range, BNB Shows Reduced Volatility

Binance Coin (BNB) has entered a period of consolidation, characterized by a gradual decrease in market volatility and price movement within a defined range. This shift is evident on the one-day chart, where key technical indicators paint a picture of market indecision and reduced price fluctuations. The flattening of BNB’s

August 29, 2024 2 mins read

Top 5 Platforms for Flexible Staking Plans

Staking cryptocurrencies are a powerful way to get rewards while holding on to your digital assets. But flexibility in plans related to staking is paramount in the process of maximizing earnings and managing risks associated with such investments. This article now puts into perspective the five best platforms to earn

August 26, 2024 5 mins read

Solana-based NFT Marketplace Magic Eden to Launch ‘ME’ Utility Token

Magic Eden is planning to introduce and use a utility token called “ME” on its Non-Fungible Token (NFT) marketplace. Importantly, the firm said that the ME Foundation is working on the token’s development. The new token is designed to make cross-chain trade easier on the platform that is built on

August 23, 2024 2 mins read

Upbit Slashes Withdrawal Fees for 22 Cryptos, Effective August 23

Withdrawal fees for 22 different cryptocurrencies have been lowered by Upbit, a crypto exchange based in South Korea. Among them are well-known tokens such as Shiba Inu (SHIB) and Ethereum (ETH). Starting on August 23, 2024, at 1 a.m. ET or 2:00 p.m. KST, this change will take effect. Recent

August 23, 2024 1 min read

Grayscale Unveils Avalanche Trust, Driving 10% Surge in AVAX Price

An investment trust for Avalanche has been launched by Grayscale Investment, a top crypto asset manager. The AVAX price increased by about 10% after the development, showing that investors were positively affected by the news. Conversely, it shows that the asset manager is serious about growing its digital asset investing

August 22, 2024 2 mins read

Democrat Donor Ron Conway Slams Major Crypto PACs on $12M Pledge

The world of cryptocurrency has found itself drawn into the political landscape over the past few months. Particularly, in the USA the upcoming elections have caused a spur of activity within the sector. Recently, in the last 24 hours, one of the leading donors in the industry Ron Conway announced

August 20, 2024 2 mins read

Celsius Network Plans to Repay Creditors via PayPal’s Hyperwallet

Insolvent Crypto lender Celsius Network has filed a notice to the court about its intentions to distribute funds to creditors. In a filing submitted to the US Bankruptcy Court for the Southern District of New York, the attorneys for the business outline their strategy to repay creditors via the use

August 20, 2024 1 min read