Day: February 23, 2024

Looking at Kraken’s Motion to Dismiss an SEC Lawsuit

The Coinbase case is in the Southern District of New York, Binance.US is in the District of Washington and Kraken is in the Northern District of California. Another company, going by the name Legit.Exchange, just filed suit against the SEC in the Northern District of Texas. The chances of four different district judges in four different districts finding a consensus is a bit slim. Assuming the parties involved appeal whatever rulings come out, we’re also looking at a few appeals courts that will weigh in. Source

Crypto Platform Forecasts $63K Surge By March

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Prominent digital asset financial services platform Matrixport has recently issued a bullish projection indicating a potential surge in Bitcoin’s (BTC) value. According to their analysis, Bitcoin may surpass its previously established two-year peak and climb to $63,000 by next month. This bold prediction stems from a confluence of factors poised to exert significant influence on the trajectory of Bitcoin’s price in the coming weeks and months. Rationale Behind Matrixport’s Optimistic Projection The primary driver behind Matrixport’s optimistic outlook is the live trading of Bitcoin spot Exchange-Traded Funds (ETFs). According to…

Satoshi Nakamoto to Martti Malmi: The Correspondence That Shaped Bitcoin’s Early Days

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In a series of insightful emails between Martti Malmi and Satoshi Nakamoto, the foundational discussions shaping the early development of Bitcoin are revealed. These exchanges offer a rare glimpse into the critical thinking and technical challenges overcome in the cryptocurrency’s infancy. Blueprints of a Digital Revolution: Nakamoto’s Conversations With Sirius The dialogue initiated in May […] Original

SingularityNET (AGIX) Rallies 128% As On-Chain Activity Heats Up

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AI Token SingularityNET (AGIX) has recently observed a rally of 128% as on-chain data shows activity-related metrics have heated up for the coin. SingularityNET Has Seen Sharp Growth In Volume & Whale Activity In a new post on X, the on-chain analytics firm Santiment has talked about how SingularityNET has fared in its underlying metrics, with its market cap more than doubling in its latest rally. In particular, the analytics firm has shared data for four of the AI token’s indicators. The chart below shows their trend over the past…

Craig Wright admits to making edits in Bitcoin whitepaper presented in court

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Craig Wright acknowledged revising the Bitcoin whitepaper documents submitted in the legal proceedings against COPA.  Alexander Gunning, representing Bitcoin developers, pointed out modifications Wright had made to his documents, specifically within “LaTeX files,” which Wright admitted. Wright explained that these adjustments were made for demonstration purposes for his legal team at Shoosmiths. This latest development comes as the trial, which seeks to determine if Wright is indeed Satoshi Nakamoto, moved into its third week. In Novemeber 2023, Craig Wright tried to make a version of the Bitcoin whitepaper in Latex.…

Crypto Analysts Are Giga-Bullish On XRP Price, Set Multiple Price Targets

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Crypto analysts are currently optimistic about the XRP price trajectory in the coming months, setting different price targets, with some of them more bullish than others. XRP, like most top cryptocurrencies, is always subject to price predictions from analysts as the entire crypto market continues to anticipate the resumption of a market-wide rally.  Consequently, experts on social media are calling for some pretty wild price targets for XRP if the bull run kicks back into gear. Other market factors, like the possibility of an XRP ETF, are also bound to…

What Reddit’s IPO Filing Says About Crypto Regulation

But it is possible, as one of the world’s largest websites, it would have liked to. After less than a year, Reddit decided to sunset its “Community Points” crypto rewards token pilot, which was hailed as a success at launch. While decentralization maxis live by the maxim that “not your keys, not your coins,” the simple reality is that key management is hard and that true self-custody likey can never scale for a platform as big as Reddit. Source

GAIMIN Announces the World’s First L2 Gaming Blockchain on BNB Chain

GAIMIN, the world’s leading provider of DePIN (Decentralised Physical Infrastructure Networks) today announces the world’s first L2 blockchain focused on delivering Web3 technology and services to the gaming industry. The incorporation of Web3 technologies, such as blockchain, crypto currency based economies and owner retained NFTs within the gaming industry has been slow to develop, primarily […] Source CryptoX Portal