Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
The Securities and Exchange Commission (SEC) has submitted its final brief in the ongoing legal dispute with Ripple Labs, accompanied by supporting exhibits. This filing represents a crucial moment in the litigation as it precedes Judge Torres’ impending ruling on remedies. Bill Morgan, a prominent pro-XRP lawyer, offered a detailed analysis of the SEC’s final … Read more
Three Asian-based companies have collaborated to introduce Hong Kong’s inaugural ETF liquidity fund, valued at approximately HK$1 billion (equivalent to about $128 million), as per a statement released on Wednesday. LD Capital, Antalpha Ventures, and quant trading firm Highblock have partnered to provide the market-making service. Their objective with the liquidity fund is to enhance … Read more
Standard Chartered suggests that Bitcoin and other cryptocurrencies may experience a positive trend during Donald Trump’s administration, potentially leading to a bullish period. As the 2024 US presidential election approaches, there’s significant speculation in the crypto market regarding how Trump’s potential re-election could influence it. Is Donald Trump Still a Supporter of Crypto? During his … Read more
Two months after experiencing a significant surge in transaction volume, Uniswap (UNI) and Maker (MKR) have witnessed a notable decline in that metric. Data from IntoTheBlock reveals that last week, the volume for these tokens was slightly above $1 billion, marking a substantial 71.30% decrease since the peak observed in March. Notably, fluctuations in volume … Read more
Bitpanda, an Austrian-based platform offering crypto and securities brokerage services along with custody solutions, has unveiled its intention to extend its operations to the Middle East with the launch of Bitpanda MENA. The platform is currently in the process of seeking a license from Dubai’s virtual asset regulatory authority to establish its presence in the … Read more
FTX has filed an unexpected reorganization plan, indicating that almost all account holders will receive full repayment for their claims, potentially even with additional cash. This windfall comes as FTX recovered billions more dollars than initially expected following its collapse in November 2022. The recovered funds, totaling around $15 billion, primarily came from selling venture … Read more
According to data from Santiment, the number of whales holding Polygon (MATIC) tokens has increased over the past month, despite a significant drop in the token’s value. Specifically, the count of MATIC whales holding between 1,000 and 1,000,000 tokens has risen by 2% within the last 30 days, reaching a total of 115,000 holders. Similarly, … Read more
Ethena has recently revealed a strategic partnership with the crypto exchange Bybit, aiming to incorporate USDe as a collateral asset for trading perpetual futures across all assets within Bybit’s UTA. This integration holds the promise of offering users the opportunity to generate yield and enhance their capital efficiency. Furthermore, the collaboration will introduce bitcoin and … Read more
According to the recent weekly report from Bitfinex, there are indications that the selling pressure from short-term holders in the Bitcoin (BTC) market might be diminishing, potentially paving the way for a quicker price recovery than previously anticipated. Pressure to Sell Bitcoin May Be Reducing Since reaching its all-time high in March, Bitcoin (BTC) has … Read more
Exodus Movement, the developer of a cryptocurrency wallet, has been granted approval to list its common stock on the New York Stock Exchange (NYSE) under the ticker symbol EXOD. The company disclosed on Monday that trading for its stock will commence on May 9, marking a significant milestone for Exodus Movement. JP Richardson, CEO and … Read more