The legal battle between the SEC and Ripple Labs seems never-ending. Judge Torres has approved the request for an investment banker to appear as a declarant in the case between the two parties. The purpose of the declarant is to protect stakeholders in this context of uncertainty, in which the regulator has appealed the decision.
Binance, a leading crypto exchange, is surprisingly shutting down its crypto payment service, Binance Connect (formerly Bifinity), barely a year after its launch. Is this a strategic retrenchment tactic or a pressing regulation?
El Salvador President Nayib Bukele's introduction of Bitcoin two years ago raised concerns on Wall Street. Today, this bold move is boosting the attractiveness of El Salvador's bond markets, propelling them to the top of emerging market dollar bonds this year.
The Securities and Exchange Commission (SEC) continues to postpone its decision on Bitcoin ETFs. Despite this dilatory strategy, many observers remain convinced that these crypto index funds will see the light of day in the United States by 2024. Here are some explanations.
400 million dollars transacted and 7.5 million authentic crypto wallets… Quite an achievement for the “high-performance” blockchain Sei. No sooner had the alpha Testnet phase ended than the Sai Labs team announced the successful deployment of the beta phase of its mainnet. Will it succeed in delivering on its promise to contribute to the democratization of cryptocurrencies? Time will tell.
The Cardano (ADA) situation stirs debate as its price falters. Concerns extend to the principles of its network, prompting its CEO to give candid answers.
In today's digital age, crypto is being democratized at a breakneck pace. The most striking proof of this is the recent collaboration between two titans, PayPal and Ledger, aimed at simplifying the purchase of cryptos. This union marks a major turning point in the fintech sector. Indeed, the once formidable barriers of crypto are now dissipating, offering unprecedented accessibility.
Fundstrat co-founder Tom Lee has predicted that the price of Bitcoin (BTC) could explode to $150k under certain conditions. If the U.S. SEC approves Bitcoin ETFs, the parent cryptocurrency could see its price cross the $150k mark. Among other key factors favoring this trend, he also states the interaction of cryptos with the general monetary climate.
PayPal has been at the forefront of the crypto scene since the deployment of its recent stablecoin, PYUSD. However, in the UK, the situation is different: this payment platform must align itself with Financial Conduct Authority (FCA) regulations, forcing it to temporarily suspend crypto purchases.
Woof! August 16 will go down in cryptocurrency history forever. Shiba Inu's Ethereum Layer 2 blockchain was activated on that very day. Shibarium, that bewitching word (and concept) will be on everyone's lips from now on.