In a noteworthy development for the cryptocurrency landscape, asset manager Bitwise has filed for an XRP exchange-traded fund (ETF) in Delaware. This filing represents an essential pivot toward institutional investment in XRP, the digital asset associated with Ripple. The news was reported by Fox Business correspondent Eleanor Terrett, who pointed out the registration of an
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As the much-anticipated month of Uptober unfolds, the cryptocurrency market is witnessing a surge of optimism regarding Bitcoin’s future. Analysts are pointing towards several indicators suggesting that Bitcoin could reach unprecedented heights by the end of the Fourth Quarter (Q4) in 2024. A deeper dive into recent trends and expert analyses reveals a complex interplay
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The legal confrontation between the Securities and Exchange Commission (SEC) and Ripple Labs keeps evolving, and recent developments ensure that this saga is far from over. On October 2, 2024, the SEC filed an appeal against a federal court decision that had presented a mixed bag of results in its high-profile litigation against Ripple. This
In a significant legal development, the United States Court of Appeals for the District of Columbia Circuit has affirmed the legality of prediction markets that enable betting on U.S. elections. This ruling on October 2 marked a decisive moment for prediction market Kalshi, which had been trapped in a legal battle with the U.S. Commodity
In a remarkable turn of events for the cryptocurrency community, Cardano (ADA) has registered its first green month of September in a span of six years, achieving a noteworthy price surge of approximately 8%. This is not merely a win for the crypto itself; it signifies a potential shift in sentiment that could fuel an
In a startling case that underscores the vulnerabilities of digital finance, Evan Frederick Light, a 21-year-old from Lebanon, Indiana, has confessed to executing an extensive cryptocurrency theft that has impacted nearly 600 victims across the globe. The crime, amounting to over $37 million, involved a meticulous plan characterized by deceit and technical know-how. On September
Bithumb, recognized as South Korea’s second-largest cryptocurrency exchange, is embarking on an ambitious journey toward a public listing in the United States. During a shareholders meeting on September 30, reports surfaced detailing the exchange’s aspirations for a Nasdaq listing slated for the latter half of 2025. This pivotal decision signals a significant shift in Bithumb’s
The cryptocurrency market is notoriously volatile, with price fluctuations that can leave even seasoned investors scratching their heads. Amid this whirlwind of numbers and trends, certain analysts step forward to offer their projections. Recently, crypto analyst Wisdom Matic released a set of price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). Matic’s forecast has
The tumultuous relationship between regulatory agencies and the cryptocurrency industry has reached a new chapter with the recent appeal filed by the U.S. Securities and Exchange Commission (SEC) in the ongoing lawsuit against Ripple Labs. This action highlights the intense scrutiny that blockchain technologies, particularly tokens like XRP, are facing as they navigate the complex