The ongoing conflict between the United States of America’s leading regulatory watchdogs, the SEC, and the San Francisco-based Ripple Labs, has left many frustrated. While recent legal developments have been very positive, the longer the ongoing case goes, many expect the question of regulatory clarity to become muddled even more. Ripple CEO Brad Garlinghouse isContinue reading “How is the XRP lawsuit going?”

IOTA has had an interesting journey from being ranked as high as 4th on CoinMarketCap’s charts to being long out of the top-10, with the cryptocurrency now the 28th-largest cryptocurrency with a market cap of $5.77 billion. In fact, IOTA was in the news recently after the much-anticipated new Chrysalis network went live, with the IOTAContinue reading “How might the IOTA Foundation, IOTA AS feud pan out?”

The investor well-renowned for his bold skepticism about cryptocurrencies is trending once again today on the heels of yet another vocal prediction about Bitcoin. Euro Pacific Capital’s Chief Economist and global strategist, Peter Schiff, recently appeared in a RealVision interview to put forward his predictions for the world’s largest cryptocurrency. Schiff had referred to BitcoinContinue reading “How does ‘completely worthless’ Bitcoin compare to Beanie babies?”

“I now personally advocate lowering the XRPL reserves from 20/5 to 10/2. (I have not discussed this with anyone at Ripple. (Thinking about it, I probably should have.) It is my personal position.)” This is what Ripple CTO David Schwartz recently tweeted about a proposed amendment to lower the respective XRPL reserves. Why does thisContinue reading “Another XRP tech update: Why Ripple CTO, XRPL Labs head voted to lower XRPL reserves”

News of Tesla’s recent decision to sell $272 million worth of Bitcoin it bought was met with backlash from many in the crypto-sector. Dave Portnoy, Founder and President of Barstool Sports, was one of them, with Portnoy accusing Tesla and Elon Musk of conducting a “pump and dump” operation. Portnoy tweeted, “So am I understanding thisContinue reading “Why this company ‘can’t be a hardcore Bitcoin hodler’”

Dogecoin’s (DOGE) most recent exponential hike had many crypto skeptics, as well as enthusiasts, analyze the reason behind the rally. With vocal support from the likes of Tesla’s Elon Musk and Dallas Mavericks’ Mark Cuban, it was inevitable that the meme coin gains a certain amount of popularity and interest from traditional traders. Unsurprisingly, manyContinue reading “What is Fed Chair Jerome Powell’s take on Dogecoin?”

For the past couple of months, two prominent billionaires have been vociferously supporting Dogecoin. Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban have promoted Dogecoin frequently on Twitter and during interviews. Dogecoin has now become the seventh-largest crypto asset in the world. Dogecoin ($DOGE) surged shortly after another supportive tweet by Tesla CEO ElonContinue reading “This is the ‘greatest inhibitor’ to Dogecoin’s growth”

Tokyo-based video game maker Nexon became the latest publicly listed technology firm to buy bitcoin. Established in 1994, Nexon catered to produce, develop, and operate online games and virtual worlds. The firm went public on the Tokyo Stock Exchange in December 2011 and operated more than 50 online games. BREAKING: @Nexon_America purchases $100M worth ofContinue reading “Nexon joins the likes of Tesla, MicroStrategy; buys 1,717 Bitcoin”

There are a number of investors who happened to get into cryptocurrency at a very early time during the crypto economy’s history. Jed McCaleb is incredibly wealthy thanks to his early investments into the digital asset space, specifically when he co-founded the company, Ripple. The former CTO yet again has moved another significant amount ofContinue reading “Here’s how much XRP former Ripple CTO has left, after another dumping spree”

Several analysts and traders on CryptoTwitter are of the opinion that Dogecoin’s price trend in 2021 is similar to that of Bitcoin. However, others still view it as a bubble that is about to burst. While the major altcoins march to the tunes of Bitcoin and Ethereum, the meme-coin, DOGE was not far behind. TheContinue reading “Why this analyst thinks dogecoin is ‘actually gambling, not investing’”

Recently, Tesla reported its Q1 2021 Financial Results on its official website. the report showed that Tesla sold $272 million worth of Bitcoin, thus, securing a profit of $101 million as seen below. At the time of writing, BTC gained 3% over the past 24 hours and was trading at $53,600, according to CoinGecko. It’sContinue reading “Elon Musk hits back at accusations of promoting a Bitcoin pump-and-dump scheme”

Bitcoin performance this year has garnered interest from mainstream media, but regulatory hurdles have been an issue that the cryptocurrency market has grappled with for years. The US Securities and Exchange Commission [SEC] has had a long history of rejections when it comes to Bitcoin Exchange Traded Funds [ETFs]. Market enthusiasts believe that 2021 couldContinue reading “These three will ‘probably be the first Bitcoin ETF batch to get US SEC’s approval’”