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Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation


Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted...

Michael Saylor Projects Bitcoin Price at $49 Million in 2045 Bull Scenario


Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating...

Goldman Sachs CEO Clarifies His Stance on Bitcoin


Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative nature, Solomon stated he had “never been on...

SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud


The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used...

Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity


The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp,...

Bybit Launches Digital Rupee for Secure INR Payments


The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch of Digital Rupee Bybit, a digital currency trading...

Bank of England Plans Experiments with DLT and Wholesale CBDCs


The Bank of England (BoE) is taking a proactive stance related to cryptocurrency, money, and payments. In a recently released discussion paper, the central bank outlined its plans to conduct a series of experiments with distributed ledger technology (DLT) and wholesale central bank digital...

Bitcoin & Crypto Takes Center Stage in US Presidential Race


The past week was momentous for Bitcoin & cryptocurrency as they took center stage in the US presidential race. Former President Donald Trump made a groundbreaking endorsement of Bitcoin at the Bitcoin 2024 conference in Nashville, pledging to create a national “strategic Bitcoin...

XRP Veteran Dumps Holdings to Buy Algotech (ALGT) and Chainlink (LINK)


The crypto market recently e­xperienced a notable­ change when a dedicate­d XRP investor, holding the digital asse­t since 2017, opted to divest the­ir XRP holdings. This unexpected de­cision raised eyebrows within the­ crypto community, given the investor’s prior alle­giance to...

Polymarket Sets Position on Venezuelan Election Bet Outcome


Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who led the bet most of the time, was proclaimed...

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