A court hearing has been scheduled for January 11 in the ongoing legal dispute between Ripple and a group of XRP investors. The case, led by Vladi Zakinov, accuses Ripple of selling XRP as an unregistered security. The outcome of this case could set a significant precedent for the crypto industry and potentially lead to […]
Crypto analyst Guy Turner has forecasted a potential significant price surge for Cardano (ADA). He suggests that ADA could rally to as high as $1, which is the next significant level of resistance. This projection is based on ADA’s weekly chart, which indicates that the crypto token is painting a bull flag.However, Turner doesn’t find […]
Marathon Digital Holdings has reported its highest monthly Bitcoin mining output ever, successfully mining 1,853 BTC in December. Over the course of the last year, the company mined 12,852 BTC, valued at over $563.4 million, which is more than triple its production of 4,144 BTC in 2022. The Bitcoin miner also increased its average operational […]
The final preparations for the launch of a spot Bitcoin exchange-traded fund (ETF) on Wall Street are underway, with asset managers expected to submit their final revisions by the morning of Jan. 8, says Bloomberg analyst Eric Balchunas. These revisions, to be submitted through S-1 filings no later than 8:00 a.m. Eastern Time, or 13:00 […]
Bitcoin developer Luke Dashjr has been unsuccessful in rallying support for a proposed “bug fix” to the Bitcoin code that would halt Ordinals and Inscriptions on the blockchain. Dashjr’s proposal was aimed at addressing the congestion caused by Ordinals and BRC-20 tokens on the Bitcoin network. However, the Bitcoin community has been divided on the […]
Celsius Network, a crypto firm that filed for Chapter 11 bankruptcy protection in the United States during the winter of 2022, is nearing the end of its restructuring plan. The company, which had lent out over $8 billion and had around 1.7 million customers at the time of its bankruptcy, sent shockwaves through the cryptocurrency […]
Renowned crypto analyst CrediBULL Crypto has made a bold prediction about the potential price surge of Ethereum (CRYPTO: ETH) in 2024. In a recent post, the analyst suggested that Ethereum could reach five figures in the coming year, with a minimum price target of $10,000. This would represent a potential gain exceeding 343% from its […]
The cryptocurrency lender Celsius Network, currently in bankruptcy, has revealed its plan to unstake a significant amount of its ethereum holdings. This action is part of the company’s ongoing restructuring efforts and is aimed at facilitating asset distribution to its creditors.The decision to unstake ethereum is part of a broader strategy to manage the company’s […]
Ethereum’s (ETH) development and scaling narratives may be too complex for average developers and entrepreneurs, yet they are “intellectually satisfying” for researchers and architects, according to Alliance DAO’s Qiao Wang. In contrast, Solana (SOL) has clear goals that may seem less confusing.Wang, who has 133,000 followers on X, criticized the “ETH marketing department” for constantly […]
Keet io, a technology based on “Holepunch,” is set to revolutionize the creation of distributed networks. By eliminating single points of failure, it gives individuals ownership over their data and communications. This is a significant shift in the face of growing concerns about data harvesting and censorship of centralized services. Keet io is launching a […]
