DraftKings, a well-known online sportsbook operator, is currently facing legal challenges, including a lawsuit related to its NFTs. Recently, a US District Judge in Massachusetts made a ruling that denied DraftKings’ motion to dismiss a class action lawsuit concerning its NFTs. This particular decision has the potential to have widespread implications for how NFTs are
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Ripple is leveraging a recent court ruling regarding Binance’s BNB token to push back against severe penalties imposed by the SEC for the sale of XRP, citing the lack of regulatory clarity in the crypto space. The company believes that the ruling on Binance’s case supports their stance that the alleged illegal sales of XRP
The recent crash in the crypto market has sent shockwaves throughout the industry, with Bitcoin and altcoins taking a hit. As the Bitcoin price continues to plummet, many traders have found themselves in a precarious position, leading to significant losses in just the last day. The market-wide panic has caused tens of thousands of traders
The price of Ethereum (ETH) is currently facing a significant downturn, with the price rapidly approaching the crucial support level of $3,051. This sharp decline has brought about increased selling pressure and a growing bearish sentiment in the market. Traders are now closely monitoring Ethereum’s behavior to determine whether it will stabilize or experience a
Despite the negative market conditions and bearish trend of Bitcoin, large investors holding more than $600,000 worth of the cryptocurrency have been actively accumulating BTC over the past six months. According to recent data from on-chain tracking platform, Santiment, these investors have been increasing their holdings significantly. The main cohort involved in this accumulation are
The meme coin DADDY experienced a significant surge of 35% in its price within the last 24 hours, currently trading at around $0.15 with a market capitalization close to $100 million. This surge was supposedly triggered by an announcement made by Andrew Tate, a former kickboxer and online influencer. Tate encouraged DADDY holders to accumulate
Crypto analyst Quinten François has recently provided a highly optimistic outlook for the future trajectory of Bitcoin. He emphasized the potential for significant growth, suggesting that Bitcoin could reach as high as $4.5 million in the coming years. François highlighted the importance of Bitcoin’s fourth halving event, indicating that this could be a pivotal moment
KuCoin, a popular cryptocurrency exchange, recently announced that it would start collecting a 7.5% value-added tax on trading fees from its Nigerian users starting from July 8. This decision was outlined in a statement released on July 3, where the firm specified that the VAT would be applied to transaction fees in each trade for
Meta’s CEO, Mark Zuckerberg, is envisioning a future where smart glasses equipped with holographic displays will revolutionize how humans communicate and interact with technology. These glasses, according to Zuckerberg, will eventually replace mobile phones as the primary device for communication and computing. In a recent interview, he highlighted the potential of these smart glasses, which
Asset managers are currently optimistic about the possibility of the Security and Exchange Commission (SEC) approving the first U.S. ETFs directly investing in Ethereum. They believe that approval could come as early as mid-July. The SEC has set a deadline of July 8 for ETF applicants to submit updated paperwork and amended S-1s, with potential