Share: Stuart Alderoty, the Chief Legal Officer of Ripple criticizes the US financial regulator’s argument against the payment giant. Alderoty drew a parallel between the 1946 Howey Test case at the Supreme Court and the SEC v. Ripple … [Continue reading]
Cardano price gears up for recovery after massive spike in social engagements
Share: Cardano, Ethereum’s largest competitor, is on track to begin its recovery with 457.99 million social engagements in the last seven days. Cardano network released its node v.8.0.0 earlier this week, fueling a bullish thesis for the … [Continue reading]
Litecoin network activity climbs less than 100 days away from LTC halving
Share: Litecoin network has witnessed a massive spike in active addresses and network activity. With LTC halving less than three months away, Litecoin price is recovering and nearly 50% of wallet addresses are profitable. The … [Continue reading]
Stablecoin outflows are diminishing, here’s how capital is returning to crypto markets
Share: Stablecoin outflows have consistently declined following the Terra LUNA collapse of 2022 according to data from Glassnode. Diminishing stablecoin outflows are indicative of returning capital and demand into the crypto ecosystem. … [Continue reading]
Solana price begins recovery surpassing trade volume of competitors Ethereum, Arbitrum and Polygon
Share: Solana network witnessed a spike in decentralized exchange volume, over the past week. The Ethereum-killer network lags behind its competitors in terms of daily activity, however DEXes have noted a spike. SOL price yielded nearly … [Continue reading]
Bitcoin and Ethereum rolling correlation declined below 80% first time in 18 months, what this means
Share: Bitcoin and Ethereum 30-day rolling correlation declined to 78%, for the first time in 18 months. Bitcoin is outperforming other cryptocurrencies amidst the banking turmoil and changing macroeconomic outlook. Ether and other … [Continue reading]
Ethereum blockchain hits roadblock in finalizing blocks, ETH price continues recovery
Share: The Ethereum blockchain struggled with finalizing blocks, sparking major security concerns among ETH holders. The blockchain faced the same challenge on Thursday and clients have started releasing patches to fix the network’s … [Continue reading]
SEC Republican leader urges the US to use Europe’ MiCA regulation as a model
Share: US SEC’s Hester Peirce says European Regulation MiCA could serve as a “model” for the US The SEC Commissioner spoke at a Financial Times live event this week. MiCA establishes rules for crypto aimed to ensure that crypto transfers can always … [Continue reading]
Chainlink price begins potential recovery as LINK investors’ perseverance pays off
Share: Chainlink price has increased by more than 4% in the last few hours of May 13. LINK whales have shown immense control despite the drawdown phase, keeping selling to a minimum. There still is a demand wall of 422 million LINK, worth $2.7 … [Continue reading]
Binance exchange’s exit from Canada market could stomp BNB price 5% to mid-January lows
Share: Binance Exchange has announced plans to wind down operations and exit the Canadian marketplace. Exit follows new guidance related to stablecoins and investor limits provided to crypto exchanges, rendering Canada untenable for Binance. The … [Continue reading]