Is a Pause in the Ripple v. SEC Lawsuit Imminent?
TL;DR Former SEC employee John Reed Stark predicts the Commission may soon pause the Ripple appeal, citing recent agreements and internal changes at the regulator. Attorney Jeremy Hogan speculates that the legal battle against the company may conclude before a spot XRP ETF is approved, with firms like Grayscale...
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Bitcoin Demand Stays Strong As BTC’s Price Faces Extended Bearish Performance, A Rebound Possible?
Investor sentiment seems to be picking up steam in the midst of Bitcoin’s persistent waning price performance, which has been going on for a few weeks. BTC’s price fluctuations have raised speculations about a bearish market drawing close. However, investors are unfazed by these discussions as they continue to...
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Here’s How a High Bitcoin Dominance Can Trigger a Strong Altseason
Based on past market data, the altcoin season starts when Bitcoin’s dominance begins to drop. This shows that crypto traders have begun withdrawing their capital from BTC and investing in other digital assets. The past few months have seen investors anticipate a significant decline in Bitcoin’s dominance to signal...
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Bitcoin-Focused Metaplanet to Spit Stock 10:1 After 3,900% Price Surge
Following a rocketing higher in its stock price since beginning to add bitcoin to its balance sheet less than a year ago. Metaplanet has announced a 10-to-1 stock split set to take effect on April 1. The Tokyo-based firm first started buying bitcoin in April 2024 and since has...
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Nigerian lawmaker sues Binance executive over bribery claims: report
Binance executive Tigran Gambaryan is facing a $662,000 defamation lawsuit from a Nigerian lawmaker who denies allegations of bribery. Nigerian lawmaker Philip Agbese has filed a 1 billion Nigerian Naira (around $662,000) defamation lawsuit against Tigran Gambaryan, a Binance executive,…...
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U.S.-Listed Bitcoin Miners Accounted for 29% of Global Hashrate in February: JPMorgan
The total hashrate of the U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) has almost doubled from a year ago and now accounts for about 29% of the global network, the bank said in a report on Tuesday. The combined hashrate of the 14 companies “has increased ~95% y/y...
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Robinhood to Introduce Crypto Products in Singapore This Year: Bloomberg
Trading platform Robinhood (HOOD) plans to introduce crypto products in Singapore this year pending the completion of its purchase of crypto exchange Bitstamp, Bloomberg reported on Tuesday. Robinhood agreed to buy Bitstamp in June and the $200 million acquisition is expected to close in the first half of the...
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The Core Foundation and partners launch new institutional Bitcoin yield token
The Core Foundation in partnership with Maple Finance, BitGo, Copper, Hex Trust has launched a Bitcoin token designed for institutions to earn return from idle BTC. In a press release received by crypto.news, IstBTC has announced a new liquid, yield-bearing…...
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FTX’s $1.2B repayments mark key moment in crypto industry recovery
FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings....
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Russian power company reports ₽1.3b ruble loss from Illegal crypto mining in 2024
Russian power grid operator Rosseti reported losses of over 1.3 billion rubles in 2024 due to illegal crypto mining operations that siphoned electricity through unauthorized connections. The Russian power grid company Rosseti reported losses exceeding 1.3 billion rubles in 2024…...
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