Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has openly slammed the United States Securities and Exchange Commission (SEC) for its most recent legal move, marking a significant step in the ongoing dispute over XRP and the blockchain payment firm. US SEC’s Appeal Move Receives Backlash From Stuart Alderoty The prolonged legal tussle between the US … Read more
Bitcoin’s (BTC) “Uptober” is off to a rocky start. In the first three days of the month, the BTC price dropped from $66,000 to under $60,000. Moreover, despite Bitcoin’s price three-week general uptrend, it is currently forming a bearish engulfing on the weekly chart, which may indicate a lead to a longer consolidation period before … Read more
The trend in the Bitcoin Market Value to Realized Value (MVRV) Ratio may point towards a top being yet to occur in the current cycle. Bitcoin MVRV Ratio Hasn’t Yet Hit The Peaks Of Previous Cycles In a new post on X, the market intelligence platform IntoTheBlock discusses the historical trend of the Bitcoin MVRV … Read more
Crypto startup Lejilex and the United States Securities and Exchange Commission have filed competing briefs for summary judgment in a Texas federal court, escalating their legal battle over the classification of crypto. Lejilex, part of the Crypto Freedom Alliance of Texas, said in its Oct. 3 brief that it would facilitate crypto transactions, not sell … Read more
A man who reportedly turned $88,000 into $415 million before losing it all has now sued his investment firm and advisers for failing to provide him with adequate advice as he carried out risky trades. Christopher DeVocht claimed RBC Dominion Securities set him up with a margin account and substantial loans that ultimately backfired, wiping … Read more
Shiba Inu might be undergoing a bearish correction, but on-chain data suggests some good news and hints at something positive coming in the next few days. Particularly, on-chain data shows that the activity among large holders has spiked positively in the past 24 hours. This data is reflected through the large holder netflow on IntoTheBlock … Read more
Bitcoin’s 6% drop since Sept. 30 should be seen as an opportunity for investors to stack more BTC, says Quinn Thompson, the chief investment officer at Lekker Capital. In an Oct. 3 post to X, Thompson said buying Bitcoin (BTC) in its current price range of $61,000 is a “no-brainer,” adding that the “macro backdrop” … Read more
An Nvidia investor class suit alleging the tech company misrepresented its sales to crypto miners should be greenlit, the United States Justice Department and the Securities and Exchange Commission told the Supreme Court. Nvidia and the class group have been in a back-and-forth legal stoush since 2018, with the battle having reached the top court … Read more
Shibarium, the layer-2 solution tied to Shiba Inu, has achieved a notable feat in total value locked (TVL), marking a significant milestone in its development and adoption. As of October 1, Shibarium’s TVL has surged past $7 million, hitting $7.06 million according to data from DeFiLlama. Shiba Inu Adoption Grows “Reaching this milestone within just … Read more
Bullish crypto sentiment for the month of October, which has been dubbed “Uptober” on social media, has been waning as markets continue to retreat. Onchain analytics provider Santiment noted that mentions of “Uptober” have declined significantly since the beginning of the month, in an X post on Oct. 4. It added that traders have become … Read more
