Bitcoin breaks $66k resistance, making short-term losses appealing


Bitcoin began its fresh increase around the 64,500 and 65,000 dollar resistance levels. The world’s largest cryptocurrency even pushed past the 66,000-dollar resistance mark. BTC managed to hit its weekly high of 67,200 dollars and is trying to consolidate its gains. Its price is gradually...

Ripple Labs submits opposition to SEC’s penalty


Ripple has made it clear that it will pay approximately $10 million as a penalty compared to the $2 billion proposed by the Securities and Exchange Commission last month. A top legal officer at Ripple said that the request by the Securities and Exchange Commission is an indication of its continuing...

Celo proposes to choose Optimism as it transitions to L2


cLabs recently announced choosing Optimism for its transition to L2.  Both cLabs and Optmisim have confirmed their online collaboration. According to Optimism’s latest tweet, Celo will migrate to Layer 2 to build on the OP Stack. By developing on the OP Stack, Celo L2 can achieve...

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