Tag Archives: ethereum

U.S. Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase’s motion to dismiss against the U.S. Securities and Exchange Commission (SEC) lawsuit. Drawing attention to the Lummis-Gillibrand Responsible Financial Innovation Act, which aims to regulate crypto, the Senator said that there are already ongoing debates in Congress on crypto regulation. Therefore, the court should dismiss the SEC’s …

The legal drama between the Winklevoss twins and Digital Currency Group (DCG) CEO Barry Silbert is continuing as Cameron Winklevoss responds to Silbert’s latest move. Silbert and DCG, the parent company of Genesis, filed a motion earlier this week asking the court to dismiss the lawsuit arising from the debt the crypto exchange Gemini says is owed to users of their …

A pseudonymous crypto trader is warning that the leading smart contract platform Ethereum (ETH) could collapse after a big run to the upside. In a new strategy session, Altcoin Sherpa says that it is within the realm of possibility for Ethereum to rally well above $2,000 in the coming months. However, the analyst says that ETH will likely see a …

The Lightning Network is a Layer-2 solution designed to address Bitcoin transactions’ scalability and speed issues. It creates off-chain payment channels that allow users to conduct transactions almost instantly and at a fraction of the cost compared to traditional on-chain methods. By enabling multiple transactions to occur off-chain and only recording the final balance on the main blockchain, it can …

Pro-XRP attorney Jeremy Hogan says if the U.S. Securities and Exchange Commission (SEC) wins a potential appeal in the Ripple case, the initial partial victory for the payments firm will likely stand. Hogan says that, according to an SEC court filing, the regulator’s possible appeal in the Ripple case only seeks to overrule whether Ripple’s own sales on exchanges run …

A top-50 altcoin by market cap could be on the verge of an upside move, according to blockchain analytics platform Santiment. The analytics platform says that the native token of smart contract-enabled blockchain Aptos (APT) could reach “another higher high” after partnering with software maker Microsoft on artificial intelligence (AI) and web3 projects. “Aptos has decoupled after its partnership with …

Morgan Creek Capital founder Mark Yusko is naming two catalysts that could send the price of Bitcoin (BTC) flying to fresh all-time highs. In a new Kitco News interview, Yusko says that Bitcoin will likely surge on the back of its upcoming halving event the possible approval of a spot-based Bitcoin exchange-traded fund (ETF). “I think this halving, a $100,000 …

HodlX Guest Post  Submit Your Post   At present, a total of 130 nations representing 98% of the global economy have been exploring CBDCs (central bank digital currencies) to date. With the past six months’ significant progress, almost all G20 countries have progressed to one of the advanced phases of development. Moreover, based on a July 2023 survey, 24 central banks …

The credit ratings agency Moody’s just issued a fresh warning on the US banking system. In new research note, Moody’s says it’s cutting the ratings of 10 regional banks, and is considering whether to downgrade a number of big lenders including Bank of New York Mellon, US Bancorp, State Street, Truist Financial, Cullen/Frost Bankers and Northern Trust. After a quarter …