Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase. In another positive event for the crypto space, the U.S. dollar
Month: July 2023
Cardano (ADA) experienced a remarkable price surge of 23.9% on July 13, leaving investors curious about the potential for further gains. This significant rally comes on the heels of a favorable judicial decision regarding XRP, leading many to question if ADA has what it takes to break above the $0.40 mark. Cardano 1-day price in
Solana (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the U.S. Securities Exchange and Commission in the case contesting XRP’s position as a security. The token recorded gains of 48.09%, reaching a peak of $32.40 as news of the court ruling spread, before retracing below the
Bitcoin (BTC) long-term holders are coming back to life as BTC price increases, the latest analysis confirms. In a tweet on July 13, Philip Swift, creator of on-chain data resource LookIntoBitcoin, revealed classic bull market behavior among “older” BTC investors. Value Days Destroyed Multiple prints BTC price bull signal Bitcoin’s current price cycle may be
Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time for user onboarding. Base also announced that the public launch of the network will occur in August. Since
British society is both civil and democratic, so it wasn’t unexpected that the government of the United Kingdom would “consult” the public before signing off on a digital version of the British pound. The response it received may have been surprising, though. The public canvassing conducted jointly by His Majesty’s Treasury and the Bank of
Bitcoin (BTC) consolidated near $31,000 on July 14 after a classic short squeeze sparked new yearly highs. BTC/USD 1-day chart. Source: TradingView BTC liquidates $50 million shorts in new squeeze Data from Cointelegraph Markets Pro and TradingView showed BTC price movements returning to cement support after rapid gains the day prior. Already tipped for a
Until now, it’s been assumed that giving artificial intelligence emotions — allowing them to get angry or make mistakes — is a terrible idea. But what if the solution to keeping robots aligned with human values is to make them more human, with all our flaws and compassion? Robot Souls book cover. (Amazon) That’s the
Australian-based crypto investment firm Monochrome Asset Management has updated its application to offer a spot Bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) through its partner Vasco Trustees. The ETF — Monochrome Bitcoin ETF — will be able to offer retail Australian investors direct exposure to Bitcoin and Ether (ETH), according to the firm’s July
Greg Oakford, co-founder of NFT Fest Australia, is your guide to the world of NFTs from a collector’s and fan’s perspective. Andy Murray x Wimbledon x Refik Anadol A special open edition NFT collaboration between tennis star Andy Murray, Wimbledon and well renowned digital artist, Refik Anadol. To commemorate the 10th anniversary of tennis star
Ripple Labs’ split-decision victory against the United States securities regulator is being seen as a significant blow to the regulator’s “war on crypto,” however, crypto lawyers warn it isn’t a definitive victory for the industry. In a landmark ruling on July 13, Judge Torres determined that XRP (XRP) is not a security — at least
The impending ruling in the high-profile legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has played a pivotal role in reshaping the liquidity dynamics in the crypto market. In a recent update to their quarterly crypto liquidity ranking, research firm Kaiko has unveiled the significant changes that have occurred in the
Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls. BTC/USD 1-hour chart. Source: TradingView PPI shows U.S. inflation retreating beyond expectations Data from Cointelegraph Markets Pro and TradingView followed the market as the BTC price focus shifted above $30,500. PPI inflation leads CPI by a
Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into artificial intelligence. The Vancour-based mining company said in a July 12 statement it has dropped “blockchain” from its name to better represent the company’s “evolving focus” on revenue opportunities in
Argentina welcomed its first Bitcoin (BTC) futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda. According to Matba Rofex, the trading platform behind the investment vehicle, it is the first Bitcoin futures contract in Latin America. In a futures contract, buyers
Bitcoin (BTC) may see a “parabolic curve” begin thanks to U.S. dollar weakness as the greenback falls to three-month lows. In a tweet on July 11, popular trader Moustache suggested that the time is right for BTC price history to repeat itself. DXY “most important chart” for Bitcoin this year Bitcoin’s formerly strong inverse correlation
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