Cryptocurrency

The recent disclosure of Hinman's documents reversed expectations of a Ripple victory against the SEC. Despite this, some believe the firm's native crypto has significant upside potential.

It's not the first time that financial giants have made optimistic statements about bitcoin. But this time, the CEO of the world's largest asset management company openly declared his preference for bitcoin “over investing in gold, […] bitcoin is an international asset”. In the wake of this statement, bitcoin is on the verge of a bull market. As stock market indices consolidate, bitcoin is on its highest levels of the year. But is bitcoin “digital gold”? And what are the aims of this financial giant?

In 2017, Larry Fink, CEO of asset management company BlackRock was scathing about bitcoin. In particular, he criticized the crypto queen as a mafia asset, useful for laundering money. Now, his views on bitcoin's usefulness have changed dramatically.

After plummeting to $25,000, the Bitcoin price is skyrocketing. Many see this dynamic as a positive development. However, Peter Schiff disagrees. The investor criticizes the skyrocketing price of the flagship cryptocurrency. He believes the trend will only last for a short time.

Many believe that the 2024 Bitcoin Halving will be decisive for the cryptocurrency. But instead of waiting a few months to cheer up the crypto community, BTC took many by surprise today. It traded at $138,000 early in the morning on Binance.US.

The main event of this weekend was the Saint Petersburg International Economic Forum. Sharing the stage with his Algerian counterpart, the Russian president predicted the end of the dollar.

Like any major price movement of a cryptocurrency, the rebound of Bitcoin (BTC) observed over the past week has attracted the attention of analysts. While some experts were quick to predict a bullish trend for the queen of cryptos after this rebound, others believe that it will take even more for a true bull market to unfold. This is the case for trader Tone Vays, who scrutinized the movements of the flagship cryptocurrency and predicted different scenarios leading to a bullish trend for Bitcoin (BTC).

The crypto market saw a significant rise on Friday, mainly thanks to a positive announcement from BlackRock. Bitcoin (BTC), one of the big winners following this news, recorded a 6.7% rise, which could signal a resumption of the bull-run.

The European Union is gearing up to write a decisive new chapter. The rules governing the Markets in Crypto-Assets (MiCA) are fast approaching, promising a series of far-reaching changes for companies in the cryptosphere.

US Treasury Secretary Janet Yellen warned Congress on Monday to expect a gradual decrease in the share of the dollar in global reserves. US debt.

The Hinman documents, previously held by a former SEC executive, are at the core of the legal battle between the SEC and Ripple. According to Ripple, their disclosure is crucial to the outcome of the case. The disclosure has finally happened but falls short of Ripple's expectations, leaving its executives disappointed.

A solo miner defies the odds and hits the jackpot! With a one in 5,500 chance, this independent miner struck gold by solving a Bitcoin block worth 6 BTC, approximately $160,000. What makes this remarkable feat even more impressive is that it was achieved using mining hardware that is six years old.

Despite the recent collapse in its price, many fervent bitcoin supporters still believe in its potential. The Winklevoss brothers, Tyler and Cameron, are among those bitcoiners who see the asset reaching new heights.

In the SEC VS Binance case, a US federal judge has rejected the request from the US regulator. Quick breakdown: Binance US assets will not be frozen. However, the judge demands further negotiations between the SEC and Binance lawyers. The goal is to define boundaries and resolve security issues.

Ordinal inscriptions of Bitcoin are currently experiencing a meteoric rise. However, they are dividing the Bitcoin community. And with the latest upgrade, called “Recursive Inscriptions,” the controversy is likely to resurface. Nonetheless, recursive inscriptions prove advantageous for Bitcoin by transforming the blockchain into a platform for video games.

For several months, the crypto industry has been under pressure. The culprit is the heavy regulatory burden imposed by Gary Gensler, the head of the SEC. He has been launching offensives to exert his power over crypto firms, but some politicians are unwilling to let him deploy his strategy, which they consider fundamentally incoherent.

Every four years, the Bitcoin protocol experiences an event known as the Halving. It is undoubtedly one of the most significant events in the network. This highly anticipated event involves a change in the protocol's monetary policy by halving block rewards. In April 2024, the block reward will drop to 3.125 BTC. With this crucial deadline approaching, how can you best prepare?

Usually, when the SEC classifies any token as a “security,” it is followed by sanctions for fraud or illegal sale of an “unregistered security.” And to make matters worse, the digital asset witnesses a plunge in its price. Three famous crypto projects, Solana, Cardano, and Polygon, recently concerned about the actions of the SEC, are taking a stand to avoid the worst.

Legal actions against crypto firm Binance have become one of the significant events in the crypto news this week. The news has caused a wave of consequences that could significantly impact the company's performance.

ADA, the native cryptocurrency of Cardano, is now among a list of 61 cryptos classified as securities. A legal expert believes that the reasons behind this SEC classification don't hold up. Here's his analysis.

The legal battle initiated by the SEC against Coinbase and Binance is significantly harming the crypto industry. Some experts believe that it exacerbates the already existing risks in this sector, to the detriment of users who now have to think about protecting their interests.

There's no doubt that the SEC lawsuits have cost the crypto firm Ripple a fortune. But what about the financial consequences of this case for XRP users and enthusiasts? That's the question addressed in a recent report by Valhil Capital.

Ever since El Salvador made Bitcoin an official currency within its territory, the country has been facing a campaign of distrust and surveillance from the United States. Without hiding their deep unease, the Joe Biden administration has implemented legal measures to protect the American financial system from the repercussions of the Salvadoran government's decision. Why do the USA feel threatened, and what actions have they taken in response? Find all the answers in this article.

Following the success of Shapella, Vitalik Buterin has announced the arrival of other projects that will complement The Merge. After several months of behind-the-scenes work, the co-founder of one of the world's most popular blockchains is unveiling a new roadmap in which he outlines three major technical transitions. Details in this article.

The conversational AI, ChatGPT, is an unprecedented technological revolution. Since its launch, this artificial intelligence has been setting one record after another. The crypto sector is not immune to this momentum.

The European banking sector may witness new laws in the coming days. EU policymakers, who have never hidden their desire to regulate this sector, particularly banks' access to cryptocurrencies, are taking a giant leap and could see their dream become a reality soon. Governments across the European Union are now all in favor of strict restrictions on bank capital, a decision that could directly impact two prominent cryptos.

Last Tuesday, the SEC, through its chairman, Gary Gensler, filed legal proceedings against the crypto platform Coinbase. The case could see its first twist as Coinbase claims to have evidence of potential bad faith on Gary Gensler's part in this matter.

What does the SEC really want by shaking up Binance? The collapse of the crypto industry or its regulation? Many see Gary Gensler and his team's recent initiatives as developing a visceral hatred towards the cryptosphere. In addition to targeting the world's largest exchange, they have also decided to go after 10 tokens traded on the secondary market, such as Cardano's ADA.