Ripple’s native cryptocurrency, XRP, has been experiencing a strong rally, fueled by optimism about a pro-crypto regulatory environment in the US. Recent comments from top attorneys and market analysts suggest further positive developments could be on the horizon, adding to the bullish sentiment surrounding the asset. Lawyer Hints at XRP Rally, Source: X Market analyst […]
The legal saga of Ripple and the Securities and Exchange Commission (SEC) is at a decisive point since the latter has a deadline for filing an appeal on or before January 15. With the risk still on the table, many predict a settlement is likely in the offing — and that may bring an end […]
Backpack Exchange, a fully regulated global cryptocurrency platform, today announced it has completed the acquisition of FTX EU, the European subsidiary of collapsed cryptocurrency exchange FTX. The deal has been approved by the FTX bankruptcy court and Cyprus Securities and Exchange Commission (CySEC), in what is seen as a critical milestone in the expansion of […]
A crypto investor has lost over $520,000 after falling for a fake cross-chain bridge scam. The victim, who had 22,415 LINK tokens (worth around $525,000 at the time), was tricked into signing a malicious transaction on January 4, according to Web3 security platform Scam Sniffer. The attack targeted Telegram-based decentralized finance (DeFi) groups, preying on […]
Veteran trader Peter Brandt, who has spent over 50 years analyzing markets, is sounding the alarm regarding the current state of the cryptocurrency market. Although Bitcoin recently broke through the $100,000 level and peaked at $108,000 in December 2024, Brandt believes a massive correction is coming in 2025. I say this having witnessed markets for […]
In a massive poaching move, CoinSwitch announced a Rs 600 crore ($75 Million) plan to woo WazirX users who have been affected by the 2024 crypto hack, by offering them lucrative sign-up rewards and higher returns. CoinSwitch CEO Ashish Singhal rolled out the “CoinSwitch Cares,” scheme on Tuesday morning, offering a Rs 600 crore recovery […]
Babylon is launching its Phase-2 testnet, named bbn-test-5, on January 8, 2025, at 9 AM UTC. This phase brings exciting upgrades, including an enhanced staking web app designed to test new features in the Babylon Proof-of-Stake chain. The testnet aims to improve interoperability and foster collaboration among key protocol participants. The Babylon Phase-2 testnet integrates […]
The Commodity Futures Trading Commission (CFTC) has announced a proposed settlement with Gemini Trust Company, possibly averting a trial. In the deal, filed on January 6, 2025, Gemini would have to pay a $5 million penalty. It included an agreement that Gemini will not make false or misleading statements to the CFTC again according to […]
Dogecoin investors reportedly predicted that the original humor coin would reach $1 when it surged in price in 2021, but DOGE fell short, peaking just above $0.73 before plunging. Galaxy Digital, a significant cryptocurrency company, is now predicting that DOGE might eventually reach the much anticipated $1 price target by 2025, given that Dogecoin is […]
Justin Trudeau, Prime Minister of Canada for the past nine years, has officially resigned today, under heavy criticism of his cabinet and the Liberal Party of Canada. This has first been reported by The Toronto Star, and CNN has confirmed the news. Given the ongoing nature of events, many guessed who might take his place, […]