Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does appeal the final ruling in the Ripple lawsuit over XRP. He questioned the SEC’s rationality and expressed confidence that any appeal by the SEC would likely fail. Alderoty urged the SEC to focus on its core mission […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them “3-Stooges.” Kiyosaki advised his followers to invest in gold, silver, and bitcoin, emphasizing self-reliance over relying on the […] Source CryptoX Portal
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger a recession, emphasizing the potential severity of […] Source CryptoX Portal
A recent disclosure of Donald Trump’s financial interests shows he holds millions of dollars in cryptocurrency as well as receiving considerable income from NFT licensing fees. Although the disclosure by transparency advocacy group CREW, did not indicate the exact amount of crypto Trump holds, on-chain tracking platform Arkham Intelligence revealed the former President’s portfolio has Ethereum (ETH) worth $1.28 million, and other tokens, including a Trump (MAGA) meme coin, all adding up to about $1.8 million. The CREW filings also highlighted Trump’s NFT licensing fee income of about $7.15 million…
Cryptocurrency prices remained under pressure on Monday, continuing a trend that has happened in almost two weeks. Meme coins sell-off continues Altogether, all meme coins tracked by CoinGecko have a market cap of over $38 billion, down from their year-to-date high of more than $68 billion. A closer look at their charts shows that most of them have a close correlation with each other. All tokens mentioned below have fallen in the past five days and have retreated by over 50% from their highest point this year. Bitcoin (BTC) was…
Banana Gun token price continued its strong rebound on Aug. 17 even as other cryptocurrencies like Bitcoin and Ether retreated. The banana token rally accelerates The Banana (BANANA) token rose for the second consecutive day, reaching a high of $64.47, its highest level since July 26 and 117% above its lowest level in August. The other top-performing tokens were Neiro (NEIRO) and Synapse (SYN), which rose by over 105% and 40%. Banana Gun’s jump pushed its market cap to over $205 million. It happened in a high-volume environment as the…
In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51% over the same period. NFT Market Chaos: Prices Drop, […] Source CryptoX Portal
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating […] Source CryptoX Portal
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora remittances policy. According to the RBZ, the market had misconstrued a video on social media in […] Source CryptoX Portal
Fantom, a scalable blockchain platform for DeFi, surged by 8% on the morning of Aug. 16, making it the top performer in the crypto market. At the time of writing, Fantom (FTM) was still up 8%, exchanging hands at $0.393 per price data from crypto.news. The crypto asset’s daily trading volume jumped by 84%, hovering around $274 million, while its market cap stood at $1.1 billion, ranking it 70th among the top largest cryptocurrencies. FTM 24-hour price chart– Aug. 16 | Source: crypto.news The token’s price has jumped by 42%…