Binance, the world’s largest cryptocurrency exchange, recently announced the delisting of six altcoins from its platform. This decision has had a significant impact on the prices of these assets, leading to sharp price drops in a short period of time. Binance periodically reviews each digital asset listed on its platform to ensure that they meet
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XRP, the native token of Ripple, experienced a significant price rally of 20% last week, reaching almost $0.64. This surge was attributed to a court ruling in the Ripple v SEC case, where the company was ordered to pay a $125 million fine, a significant reduction from the initial demand of $2 billion. Despite a
As bitcoin faces another retreat, analysts are closely examining technical indicators and signals to determine its next move. According to CoinGlass, the liquidity heatmap is currently indicating key first-test lines at around $56,800. If BTC manages to bounce off this support level, it may test higher resistance levels. However, a weak bounce could result in
The recent conclusion to the legal battle between Ripple and the SEC resulted in a much smaller fine than initially requested. The U.S. District Court Judge made a decision to impose a fine slightly above $125 million, as opposed to the $2 billion fine sought by the SEC. This decision was met with a positive
The Commodity Futures Trading Commission (CFTC) recently announced that they have awarded a crypto whistleblower with over $1 million. This whistleblower’s information led to an enforcement action regarding improper trading in digital asset markets. The CFTC has been prioritizing the identification of unlawful conduct in the digital asset marketplace, especially with the rise of scams
The debate between Ethereum and Solana has been reignited by a crypto analyst who recently evaluated the two cryptocurrencies to determine which one was superior. Peter Brandt, a well-known crypto trader and analyst, compared the fundamental characteristics, strengths, and weaknesses of Solana and Ethereum in a recent post on social media. Brandt’s analysis highlighted Ethereum’s
In a recent report from Grayscale Research, analysts have expressed optimism about Bitcoin potentially revisiting its all-time high later this year, contingent upon the U.S. economy avoiding a recession. This positive outlook comes following a period of stabilization in both the cryptocurrency market and broader financial markets, which experienced sharp declines from August 2 to
Coinbase, one of the leading cryptocurrency exchanges, has taken a bold stance against the US Commodities Futures Trading Commission (CFTC) proposal that could potentially harm prediction markets like Polymarket. The Chief Legal Officer of Coinbase, Paul Grewal, criticized the proposal for its vague definition of “gaming” and its failure to acknowledge the positive economic impact
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. He is a web3 content writer, journalist, and aspiring trader. Edyme has contributed to various reputed platforms in the industry, such as AMBCrypto, Blockchain.News, and Blockchain Reporter. His journey into the realm of cryptocurrency was not without its challenges, starting
Immutable, a prominent player in the NFT and blockchain gaming space, has recently announced its decision to close down its NFT marketplace. This strategic move is in line with the company’s vision of bolstering its network by supporting other marketplaces within its ecosystem. The closure of Immutable Marketplace is scheduled to begin on August 13,