Ripple whales have recently moved 483 million XRP tokens, causing the token’s price to drop over 8% since Aug. 30. Despite this, XRP is still inside a bullish technical setup, called the ‘Falling Wedge’, which could see the token’s price rise nearly 381% to a theoretical price target of $2.5.Whale Alert noted two transactions, one […]
The Securities and Exchange Commission (SEC) is faced with a difficult decision on how to handle the wave of Bitcoin spot ETF applications after suffering a defeat in court against Grayscale. The agency may choose to rescind prior approval of the nation’s Bitcoin futures ETFs, leaving all Bitcoin ETF options unavailable to U.S. buyers. Joe […]
Bitcoin’s price has dropped nearly 5% in the last 24 hours, falling from around $27,300 to around $26,000, after the US Securities and Exchange Commission (SEC) delayed seven pending spot Bitcoin ETF applications. The SEC’s delay allows it another 45 days to approve, deny or again delay the applications, with the next decision deadlines between […]
Analytics firm Santiment has found that crypto whales purchased Bitcoin (BTC) in the day leading up to Grayscale’s court victory over the U.S. Securities and Exchange Commission (SEC). Santiment suggests that certain whale and shark addresses “may have known a thing or two” about the win before it was announced, noting that wallets holding between […]
Grayscale recently won a legal battle against the U.S. Securities and Exchange Commission (SEC) that could open the door for the digital asset management firm to transform its GBTC fund into a spot Bitcoin ETF. The court ruled that the SEC must reconsider Grayscale’s application, overturning the SEC’s initial denial on grounds that the decision […]
The Securities and Exchange Commission (SEC) has delayed its decision on whether to approve a slew of Bitcoin spot ETF applications for another 45 days. This decision was expected by analysts, and the SEC stated that it needs more time to consider the proposed rule change and the issues raised therein. The decisions for proposed […]
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on proposed rule changes related to spot Bitcoin ETFs until October. The decisions on the Cboe BZX Exchange proposals will be delayed until October 17, while the decision on the Valkyrie proposal will be delayed until October 19.The latest round of proposed rule changes is […]
The XDC Network is currently in the red zone, following the bearish outlook of the broader crypto market. Its price has dropped by 4% in the last 24 hours, and if this trend continues, it could reach the $0.05 mark.Technical indicators suggest that XDC could witness a bullish recovery around the support at $0.059. The […]
Maker (MKR) price has seen an impressive surge over the past 24 hours, breaking above a price level that had been constraining bulls since the broader market downturn in mid-August. MKR pushed to highs of $1,186 before it began to pare the gains as sellers swooped in amid profit taking deals.On-chain data shows that accumulation […]
Giddy, a company that facilitates straightforward fiat-to-crypto transactions and token swaps, has recently announced its integration with the Ethereum Mainnet. This follows its initial association with the Polygon network, and marks its objective to span multiple blockchain networks. The Ethereum Mainnet support provides many utilities, such as enabling users to engage with a wide spectrum […]
