The U.S. Securities and Exchange Commission (SEC) played its cards to revoke the amici curiae status granted to XRP holders. Different filings against it depicted the said narrative. Nevertheless, Defendant came back relentlessly to counter Plaintiff’s filings on several occasions. Catch me if you can Attorney John Deaton led a group of XRP holders by filingContinue reading “SEC vs. Ripple: The ‘amici curiae’ brawl came to life just because…”

Bitcoin [BTC], the largest cryptocurrency, continues to struggle around the $21k line. At press time, BTC suffered a fresh 5% correction as it traded at $21.1k. Well, this is the first half of the story. The second half of this story narrates a different picture. Herein, the $20k level has created ‘extreme demand’ for BTC,Continue reading “Assessing if Bitcoin’s [BTC] worst sell-off is about to come”

Following the broader market cues, the largest altcoin Ethereum had a good rally in July. However, the scenario seems to be changing for ETH now. With the upcoming Merge, investors across the Ethereum network are excited. Ethereum has surpassed all speculations, FUD with the backing of Merge is a matter of contemplation. But one wondersContinue reading “Merge track: ETH’s grim on-chain metrics ft. a surprising uptick”

It’s fair to say now that the crypto participants are accustomed to a volatile market. Along with crypto tokens, even litigations continue to see new developments weekly. In this case, the ever-lasting lawsuit between the SEC and Ripple- the Daubert challenge edition. Herein, the SEC filed its request to seal a filing in connection to the DaubertContinue reading “XRP lawsuit: Daubert challenge edition sees new ‘exposing’ updates”

The world’s biggest Ethereum [ETH] whales continue to place bullish bets on the meme-currency SHIB. But the question still comes down to the latter’s price. Did whales’ faith in SHIB help the suffering token surge in value? Here’s the answer Shiba Inu’s native token SHIB is leading the race to become one of the mostContinue reading “SHIB has $548.6m share in ETH whales’ portfolio- traders should beware of…”

Ethereum, the largest altcoin might just be in for a bouncy ride despite the hype around the upcoming Merge. Well, Ethereum failed to settle above the $1,620 zone yet again. Do you believe me?  The flagship coin had quite a journey on 24 July- jumping above $1,640 before dipping back down to $1,540. In theContinue reading “What of Ethereum traders now after ETH lost $1,620 level”

Hacks within the cryptocurrency domain are very frequent. Recently, a decentralized music platform Auduis suffered as it lost 18.5 million AUDIO tokens ($6m) following a malicious attack. Broken strings On 24 July, the Audius community treasury lost a significant amount due to an exploit in the contract initialization code that allowed repeated invocations of theContinue reading “Audius: Autopsy of $6m music heist reveals some out of key notes”

The phrase ‘pump and dump’ seems to be trending all over the crypto market, of late. You might wonder what this means. Well, this involves misleading investors into purchasing artificially inflated tokens- typically marketed and hyped by paying celebrities and social influencers. It all might sound ‘cool’ until all hell breaks loose, which is the caseContinue reading “Yuga Labs hit with a class action over ApeCoin- Decoding the case”

Bitcoin, the largest cryptocurrency has continued to counter the selling pressure. The king coin witnessed heavy liquidations or outflows but managed to stay afloat above the $22k level. Well, mainly thanks to whales for their undeterred HODLing behavior, and of course, buying the dip at a ‘discounted’ price. Whaling-in Bitcoin dominant buyers (whales) have maintainedContinue reading “BTC investors should read these ‘whaling’ signs before taking profit”

Cardano has had a difficult journey in 2022. Despite showcasing strong development fundamentals, ADA’s price failed to reciprocate the same. This has been one of the reasons why ADA didn’t see a massive demand from investors in the recent rally. However, this scenario might change soon as traders could expect some fireworks as the networkContinue reading “Cardano traders can expect this firework in coming week”

The cryptocurrency market experienced a small recovery phase as it crossed the $1.03 trillion market cap. Two of the leading cryptos, Bitcoin [BTC] and Ethereum [ETH] witnessed a surge in their respective price action over the last seven days. But, it looks like the latter showed more focus and determination towards its recovery. Rising fromContinue reading “ETH derivative traders take neutral stance amid recovery- Here’s why”

Polygon, a layer-2 scaling solution on the Ethereum [ETH] network showcased some unprecedented rise. And, this movement was indeed enough to create headlines across the crypto community. So what exactly happened with the layer 2 scaling solution? Decoding the mystery  Polygon’s native token MATIC has been rallying all week, showcasing strong on-chain fundamentals. Polygon jumpedContinue reading “The MATIC study of an unprecedented hike with ‘development’ probe”