Month: November 2024

In an exchange on X (formerly Twitter), Ripple’s Chief Technology Officer David Schwartz, also known as “JoelKatz”, addressed criticisms about his company and the XRP Ledger. Has Ripple Failed With Its Payments Business? User @188ape challenged Schwartz by questioning the uniqueness of the XRPL in today’s market, stating that...

Senator Ted Cruz (R-Texas) anticipated the newly established Department of Government Efficiency (DOGE) department to yield “good results” but warned that Elon Musk and Vivek Ramaswamy would have their work cut out. What happened: During a podcast with Ben Ferguson, Cruz said he was upbeat about Musk’s new role...

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Bitcoin continued to make records as supportive inflation numbers raised the market’s expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.79% $89,874.80 Ethereum (CRYPTO: ETH)                -2.11% $3,190.24 Dogecoin (CRYPTO: DOGE)           +1.10% $0.3925 What Happened: The...

Negative sentiment is gradually growing in the general crypto market once again, with major digital assets like Ethereum, the second-largest cryptocurrency, witnessing a notable setback that led to a slowdown of its renewed upside price momentum. Due to the sudden drop, several crypto analysts believe that the altcoin could face an...

The U.S. Supreme Court has signaled its inclination to uphold a class-action lawsuit against Nvidia Corp (NASDAQ:NVDA) for allegedly providing misleading information to investors about its reliance on cryptocurrency mining. What Happened: The Supreme Court heard arguments on Wednesday regarding Nvidia’s appeal to dismiss a lawsuit accusing the company...

Crypto watchers and investors in Italy have received encouraging news: Prime Minister Giorgia Meloni’s government is considering a watered-down tax hike. From the initial proposal of 46%, which was announced last second week of October, the Italian government is currently re-evaluating the plan to limit the increase “to just...

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The Federal Bureau Of Investigation, on Wednesday, raided the home of Polymarket CEO Shayne Coplan as part of a Justice Department investigation into allegations that the crypto prediction platform allowed U.S.-based users to place bets in violation of regulatory agreements. Coplan responded on social media, expressing dismay over what...

Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016. Brandt highlighted these patterns in a recent post on social media platform X, suggesting that Dogecoin could be following in Bitcoin’s early...