The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion judgment against Ripple Labs, according to court filings. Source
Day: March 26, 2024
Pepe and Book of Meme see bullish rises as new meme coin ICO hits $8.5M
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amidst a fervent market, Pepe and Book of Meme tokens surge by 4% and 8%, respectively. Dogecoin20, a new presale meme coin, crosses $8 million as its IEO approaches. The meme coin refuses to back down as Pepe and Book of Meme soar 4% and 8%, respectively. Meanwhile, the new presale meme coin Dogecoin20 has surpassed the $8 million mark, enthralling market participants as its IEO approaches. Pepe and…
$500 breakout or $400 reversal before Halving?
Bitcoin Cash price peaked at $496 on March 25, up 44% in the last five days, but BCH miners’ strategic maneuvers ahead of the upcoming halving threaten to scuttle the rally. Bitcoin Cash has witnessed intense market volatility over the past week as investors gear up for the 3rd halving event slated for April 4. Miners have offloaded 1.5 million BCH in 2024 Bitcoin Cash is a peer-to-peer payments network founded in 2014 as a lightweight alternative to Bitcoin (BTC). With cheaper fees and higher transaction throughput, Bitcoin Cash has…
Iceland’s Prime Minister Vows to Prioritize Food Security Over Bitcoin
Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.” Iceland’s Prime Minister to Shift Power Away From […] Original
Solana (SOL) Breaks Through Key Resistance, Analyst Forecasts $250 Price Target
Solana (SOL) has experienced a notable resurgence in its bullish momentum, with a rebound of over 9% in the past 24 hours. This notable performance has outpaced the top 10 largest cryptocurrencies in terms of market capitalization. The latest surge in SOL’s price has allowed it to surpass its resistance level on the daily chart at $184. The remaining hurdle of $201 now stands as the final barrier to prevent further gains for the cryptocurrency. However, industry experts and crypto analysts suggest that SOL’s price action indicates a potential continuation…
Over 60k traders Caught In $200 Million Total Liquidations
The cryptocurrency market recently witnessed significant liquidations, totaling over $200 million, as Bitcoin surged past the $69,000 mark. The Bitcoin price surge led to many short positions being liquidated, causing notable financial repercussions across various trading platforms. Bitcoin’s Sudden Rebound And Liquidations The data from Coinglass provide a clearer picture of the impact, showing that around 60,388 traders and counting faced losses exceeding $200 million in just 24 hours. The distribution of these liquidations varied among the major exchanges, with OKX traders experiencing the highest losses at $81.19 million, narrowly…
Bitcoin Price Reclaims $70K And Signals Fresh Surge To $75K
Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term. Bitcoin price remained in a positive zone above the $66,500 level. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $71,200 resistance zone. Bitcoin Price Restarts…
Philippines Blocks Binance, Citing Threat to Security of Investor Funds
The Philippines has proceeded to block crypto exchange Binance. The country’s Securities and Exchange Commission (SEC) has concluded that the public’s continued access to Binance’s websites and apps “poses a threat to the security of the funds of investing Filipinos.” The Philippine SEC Warns Against ‘Investing in and Using Binance’ The Philippine Securities and Exchange […] Source CryptoX Portal
AVAX Soars 9% As Avalanche And Chainlink Announce Partnership For Global Asset Circulation
According to a recent announcement from blockchain platform Avalanche (AVAX), Australia and New Zealand Banking Group (ANZ) has partnered with Chainlink (LINK) Labs to explore the potential of on-chain digital assets for global movement and settlement. Using Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the collaboration aims to connect the Avalanche and Ethereum (ETH) blockchains to enable uninterrupted delivery versus payment (DvP) settlement of tokenized assets across networks in multiple currencies. Tokenized Asset Transaction Across Avalanche And Ethereum Using Chainlink ANZ, a provider of banking products and services to millions of customers…
Roger Ver Rejects Blockstream CEO’s Invitation, Remains Loyal to Bitcoin Cash Over BTC
Roger Ver, an early Bitcoin investor, has decided to continue supporting Bitcoin Cash (BCH) over Bitcoin (BTC) despite an invitation from Blockstream CEO Adam Back to rejoin the Bitcoin community. Ver criticizes layer two blockchain solutions, like Back’s Liquid Network, as centralized or unreliable, maintaining that bitcoin cash more closely aligns with the original vision […] Original