Ripple (XRP) Price Tumbles Below $2.40 Amid Trump’s Call for Stablecoin Legislation What Happened Ripple (XRP) price tumbled below the $2.40 mark on Friday, down 3% from the $2.6 weekly time frame peak recorded after Trump’s appearance at the Blockwork’s Digital Asset Summit on Thursday. Market indicators suggest XRP traders
The Rise of NFT-focused ETFs: Canary Capital Files for the Canary PENGU ETF Introduction Canary Capital, a prominent crypto asset manager, has taken a bold step by filing an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a new non-fungible token-focused exchange-traded fund (ETF). If approved,
Germany’s BaFin Rejects Ethena Labs’ Application for Asset-Referenced Tokens BaFin’s Decision Germany’s Federal Financial Supervisory Authority (BaFin) recently made headlines by rejecting Ethena Labs’ application to issue asset-referenced tokens under the European Union’s Markets in Crypto-Assets Regulation (MiCAR). This decision marks a significant development in the regulatory landscape surrounding digital
This Week on Public Keys Bakkt Holdings: A Transformation Unfolding This week has been a monumental one for Bakkt Holdings as the company has undergone another transformation, thanks in large part to its parent company. The shift in direction and strategy has caught the attention of many in the financial
The Importance of SEC’s Ruling on Bitcoin Mining Understanding the SEC’s Clarification The US Securities and Exchange Commission (SEC) recently made an important clarification regarding proof-of-work (PoW) mining, specifically addressing Bitcoin (BTC) mining activities. The SEC ruled that BTC mining does not constitute securities trading under US law. This clarification
The Crypto Market Strengthens as Altcoins Gain Momentum Toncoin (TON) Surges by 32% The crypto market is showing signs of strength as major assets regain momentum. With Bitcoin (BTC) stabilizing near $84,000, investors are shifting their focus to altcoins that have the potential for significant growth. Among them, Toncoin (TON)
Cryptocurrency Market Cycle Sentiment Tied to Ethereum’s Performance Introduction: Renowned cryptocurrency analyst Benjamin Cowen recently discussed how the current market cycle sentiment is significantly affected by Ethereum’s flat price performance. In a podcast, Cowen shed light on why many investors are feeling frustrated despite Bitcoin’s rally to $84,000. Ethereum’s Influence
The Social Impact of Investing in Renewable Energy Introduction As we continue to strive towards a more sustainable future, the importance of investing in renewable energy sources becomes increasingly critical. The transition to renewable energy not only benefits the environment but also has significant social implications. In this article, we
Ethereum Whales Double Down with Impressive $236 Million Buy Wall Market Overview Ethereum whales are making big moves in the cryptocurrency market, showing strong confidence in the future of the second-largest digital asset. Over the past three days, Ethereum whales have accumulated a massive $236 million worth of ETH, creating
Crypto Analyst Predicts XRP Price to Hit New All-Time High Bullish Outlook for XRP After SEC’s Decision Crypto analyst Egrag Crypto has made a bold prediction that the price of XRP could soon reach a new all-time high (ATH). This forecast has sparked excitement among XRP investors and the broader
A New Way to Increase Bitcoin Holdings: Revaluing Gold Certificates What’s Happening at the White House? This week, a top White House crypto official made headlines by revealing that the Trump administration is exploring a unique strategy to boost the country’s Bitcoin holdings. The plan involves revaluing decades-old gold certificates
Shiba Inu: A Bullish Pattern Emerges The Rare Pattern Shiba Inu, the popular cryptocurrency known for its meme-inspired branding, has recently seen a rare bullish pattern forming on its 4-hour charts. This pattern has caught the attention of many traders and analysts in the crypto space, signaling a potential upward
Compliance Troubles for Ethena GmbH’s USDe Token BaFin Halts Public Sales In a recent development, the German Federal Financial Supervisory Authority (BaFin) has taken action against Ethena GmbH’s USDe token. BaFin has prohibited the public sales of the token, citing violations of the European Union’s Markets in Crypto-Assets Regulation (MiCAR)
Bitcoin’s Recovery Faces Selling Pressure at Higher Levels Is “Spoofy the Whale” Suppressing Bitcoin’s Price? Bitcoin’s (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing
The German Federal Financial Supervisory Authority Orders Halt on USDe Sales by Ethena GmbH Background Recently, the German Federal Financial Supervisory Authority, also known as BaFin, made a significant decision regarding the stablecoin USDe. BaFin has ordered Ethena GmbH, the company behind USDe, to cease all public sales of the
Senator Cynthia Lummis’ Plan to Buy One Million Bitcoins and Market Reaction The Proposal Senator Cynthia Lummis made waves in the financial world recently with her announcement of a plan to buy one million Bitcoins. This unprecedented move by a government official has sparked heated debates and speculation about the
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