In a landmark ruling on Thursday, the U.S. Supreme Court delivered a unanimous decision against Coinbase Inc. (COIN) in an arbitration dispute related to the cryptocurrency exchange’s 2021 Dogecoin (DOGE) sweepstakes. The 9-0 ruling clarified the need for a court to determine which legal agreement takes precedence when parties are governed by multiple contracts. Justice
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The recent fluctuations in the Bitcoin price have left crypto analysts on their toes, trying to predict the next move. One particular analyst, The Signalyst, has pointed out that Bitcoin has entered a crucial zone with important levels to watch. The break below $70,000 has put the Bitcoin price in a precarious situation, with the
OpenSea, a prominent NFT marketplace, recently introduced its “Get Based” series. This initiative aims to shine a spotlight on artists who are creating on Coinbase’s Base network, an Ethereum Layer 2 (L2) solution. Throughout the summer, up to 15 artists will have the opportunity to showcase their works through this series. The first drop in
As the clock ticks closer towards the end of the Dogeverse (DOGEVERSE) presale, investors around the world are eagerly anticipating the final opportunity to participate in this unique multi-chain offering. With the presale set to conclude on June 3, 2024, at 10 am UTC, the excitement surrounding the $DOGEVERSE meme token is reaching its peak.
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. He pointed out that the Grayscale Ethereum Trust, launched
In a recent case, the U.S. District Court for the Western District of Texas sided with the Securities and Exchange Commission (SEC) in a legal battle against well-known crypto influencer Ian Balina. The court held that Balina had unlawfully offered and sold SPRK Tokens as securities in unregistered transactions, thereby violating U.S. securities laws. This
Bitcoin, the leading cryptocurrency, has captured the attention of investors and analysts alike. One crypto analyst, known as ‘CrediBullCrypto’, has made a bold prediction regarding the future price of Bitcoin. His analysis points towards an “ultra bull scenario” for Bitcoin, suggesting that the price could surge above $80,000 in this market cycle. CrediBullCrypto’s insights into
Recently, a Bernstein report has shed light on the potential approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the United States. This approval could set a precedent for the classification of Solana (SOL) as a commodity. The classification of cryptocurrencies as either securities or commodities carries significant implications for the industry as a
The cryptocurrency market is a volatile and ever-changing landscape where investor sentiments can dictate the direction of a particular coin. In recent news, Floki Inu (FLOKI) holders have been making waves by dumping their FLOKI holdings in favor of a new ICO called 5thScape. The allure of potential gains of up to 1,700% has enticed
In a recent interview, Charles Hoskinson, CEO of IOG, made a bold statement by calling the Bitcoin following a ‘religion’ and deemed it unsustainable. He criticized Bitcoin’s devout following, likening it to a religion, and declared that the crypto industry has outgrown its dependence on Bitcoin. According to him, the industry no longer needs Bitcoin