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Ripple Clarifies XRP Is Not a Security After New Court Ruling

22.6.2024
Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...

Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining

21.6.2024
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and reliability. Foundry’s New Suite Aims to Optimize...

Standard Chartered to establish a spot BTC, ETH trading space

21.6.2024
Standard Chartered is in the process of establishing a spot BTC and ETH trading space in London as a component of its FX trading unit. The space is expected to be operational in the near future. This is intended to facilitate the purchase and trade of ether and bitcoin.  Digital asset custodian...

FET surges after Nvidia’s stocks rise

21.6.2024
Fetch.ai’s FET was seen banking a surge of 26% in response to a rise in the stocks of Nvidia. FET has come under control at the press time but the jump is indeed noteworthy, considering it marks the possibility of outperforming Bitcoin again in the future. FET has previously touched the ATH of...

Stablecoin issuers rank as 18th largest holder of US Debt

21.6.2024
The Stablecoin legislation put forward by the American government is noted, and Stablecoin Issuers is the ultimate source of demand for the US treasury. According to the recently available data, Stablecoin Issuers possess more than $120 billion in American treasury notes. Stablecoin Issuers is...

Ripple Wins Partial Summary Judgment in Securities Lawsuit

21.6.2024
The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse. Court Ruling...

Italy ramps up crypto oversight, introduces tough fines

21.6.2024
According to the draft decree seen by Reuters, Italy is looking forward to introducing new rules to govern the new sector. These regulations, which are expected to be endorsed by the cabinet, will come with huge penalties for anyone who engages in the manipulation of the market or exploitation...

Shiba Inu ($SHIB) demonstrates potential for rebound

21.6.2024
Shiba Inu ($SHIB) can still surge to $0.000022 given it is way below the 50-day SMA amid volatility of 10.80%. This stems from the belief that the growth of the meme coin is driven by hype across social media. Plus, the market cap is long due to a strong rebound. It has slipped away from …

Spot Bitcoin ETFs in witnessed net outflows of $139.88M in the US

21.6.2024
Spot bitcoin exchange-traded funds saw a net outflow to the tune of $139.88 million in the US. This continued for the past five days.  Grayscale’s GBTC was ahead of the competition, coming up with a day-to-day net outflow amounting to $53 million. Second in line stood Fidelity’s FBTC, recording...

Short traders target XRP and Cardano amid post-relief bounces

21.6.2024
Investors have been anticipating a rebound in the price actions of cryptocurrencies. Therefore, Ripple and Cardano have become the most appealing altcoins. The primary reason behind this is heavy trader shorting followed by a brief bounce. Santiment has also shared data suggesting that the finding...

Binance supports OCEAN, FET, and AGIX token merger into ASI

21.6.2024
Ocean Protocol ($OCEAN), Fetch.ai ($FET), and SingularityNET ($AGIX) announced the merger of their tokens to collectively make ASI, or Artificial Superintelligence. Binance has now come forward with its announcement, saying that it will support the token merger by handling all the technical...

Crypto.com adds passkeys and hardware tokens for advanced security

21.6.2024
Crypto.com, a certified and secure platform, has implemented state-of-the-art security measures, including hardware tokens and passkeys, to ensure that all transactions are authentic. These hardware identifiers are comparable to Yubikeys. Jason Lau, the Chief Information Security Officer...

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