Crypto and stock markets are usually forward-looking. Meaning, traders tend to ignore the near-term negatives and focus on the positives down the line. With Bitcoin’s (BTC) next halving in 2024, analysts are shifting their attention to this event. Independent market analyst Rekt Capital highlighted this unique market dynamic, noting that in the year before the
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A few days ago, Ripple Labs’ Managing Director for Europe, Sendi Young, shared her predictions for 2023, as Bitcoinist reported. Now, in a new blog post, other Ripple executives have also shared what they expect for the future and made their projections. In doing so, the executives agree that technological advancements and steady steps into
Solana (SOL) price is up an impressive 60% since the new year, partially boosted by hype surrounding meme cryptocurrency Bonk (BONK). However, the SOL/USD pair now shows signs of exhaustion, raising anticipations that the token may see a short-term correction in the coming days. Solana turns overbought Solana is one of the best performing cryptocurrencies
Albright Capital has dropped its lawsuit against Terraform Labs and its founder Do Kwon, according to a Notice of Voluntary Dismissal filed in U.S. District Court on January 9. Before its dismissal, the lawsuit had alleged that the company had violated the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by operating the stablecoin, UST, as
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple saw renewed activity yesterday. Ripple Labs Inc., CEO Brad Garlinghouse, and Executive Chairman Chris Larsen filed their opposition response to the SEC’s motion to seal certain documents related to the parties’ mutual summary judgment motions. Also, the SEC has filed its response
Manta Network recently completed the largest trusted setup ceremony ever, with over 4,000 people participating, according to a press release provided to Cointelegraph. The setup was done in order to help create MantaPay, an app that intends to allow for private payments between individuals. 8/ 2022 also saw the launch of the world’s largest trusted
Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada. Contents OverviewCrypto culture in TorontoWhere can I spend crypto in Toronto?Crypto projects and companies in TorontoToronto’s crypto controversiesToronto crypto education and communityNotable crypto figures from Toronto Overview The city lies at the center of the so-called
Bitcoin (BTC) has finally pushed above the $17,000 mark after rallying to $17,375 on Jan. 12, with both the bulls and the bears eyeing the Consumer Price Index (CPI) readout due on Jan. 12. If the print shows that inflation is cooling off, risk assets may rally, but a negative surprise could attract strong selling.
Ripple Labs’ Managing Director for Europe, Sendi Young, shared her predictions for 2023 in a Twitter thread. As Young notes, 2022 was a “monumental” year for crypto with many ups and many downs. Young expects no less major changes in the still-young year, though she doesn’t specifically address Ripple and XRP. However, a few connections
The United States December nonfarm payrolls report showed a growth of 223,000 jobs, above the market’s expectation of an increase of 200,000 jobs. While this shows that the economy remains strong, market observers shifted their focus to the slower wage growth of 0.3% for the month, below economists’ expectation of 0.4%. In addition, the euro
As the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) approaches its final deadlines before Judge Analisa Torres is set to deliver her verdict, American journalist Charles Gasparino made an allegation that the fintech company could not let go unanswered. Gasparino raised the question of why the SEC focused on
Bonk, a meme token modeled after Shiba Inu (SHIB) that launched on Dec. 25, is skyrocketing and some traders believe the token’s trading volume is potentially driving Solana’s (SOL) price up. Over the past 48 hours, SOL price has gained 34%, and in the past 24 hours, Bonk has climbed 117%, according to data from
Ripple Labs CEO Brad Garlinghouse doesn’t often get to speak on Twitter, but when he does, he usually delivers a powerful message. Yesterday, Garlinghouse took to Twitter again to deliver a prediction for 2023. The Ripple CEO explained that yesterday was the first day of the 118th U.S. Congress, and while efforts to bring regulatory
Ripple CTO David Schwartz and self-proclaimed Bitcoin inventor Craig Wright clashed for the first time around the Christmas holidays in a verbal altercation on Twitter. As Bitcoinist reported, the dispute ended with Schwartz ignoring his counterpart while Wright threatened to submit a scientific paper on XRP to the U.S. Securities and Exchange Commission as support
On Oct. 1, 2019, Cointelegraph Magazine’s founding editor, Jon Rice, pressed publish on the first-ever feature story for the publication — a story by Swedish fintech writer Jinia Shawdagor about the country’s embrace of a cashless economy. The brainchild of former Cointelegraph CEO Jay Cassano — who was managing editor at the time — Magazine
On its surface, Andy Greenburg’s new book, Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency, is a standard crime story. Fans of true crime podcasts will enjoy the crypto version and get a seat in the Federal Bureau of Investigation van as United States federal agents track down criminals through
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