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Latest Cryptocurrency News
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Thu, 25th Apr 2024 03:07:25 PM EST

Consensys sues SEC, challenging its approach to Ethereum and seeking court intervention

Consensys sues SEC, challenging its approach to Ethereum and seeking court intervention
Consensys is firing back against the SEC's categorization of ether.

(The Block)
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Thu, 25th Apr 2024 03:07:21 PM EST

Consensys Sues SEC To Protect Ethereum, Claims ETH Not A Security

Consensys Sues SEC To Protect Ethereum, Claims ETH Not A Security
ConsenSys has taken on the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in Texas federal court. The case focuses on the classification of Ethereum's Ether as a security. ConsenSys argues this designation could harm the entire Ethereum network, posing significant risks to its functionality and innovation.

(CoinPedia)
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Thu, 25th Apr 2024 03:02:10 PM EST

Ripple Price Drops As Bearish Clouds Gather! XRP To Test $0.48 Soon?

Ripple Price Drops As Bearish Clouds Gather! XRP To Test $0.48 Soon?
The crypto market displays significant price volatility as top tokens record increased price action post-Bitcoin Halving. Top altcoins witness a pullback toward their support levels, indicating a mixed sentiment in the crypto space. However, the XRP price continues to experience a bearish price action, indicating a rise in the investor's disinterest.

(CoinPedia)
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Thu, 25th Apr 2024 02:48:51 PM EST

Consensys Sues SEC Over Ethereum Classification, Calls For Regulatory Clarity

Consensys Sues SEC Over Ethereum Classification, Calls For Regulatory Clarity
Blockchain software company Consensys on Thursday announced it is suing the U.S. Securities and Exchange Commission (SEC) in a lawsuit aimed at ensuring Ethereum's status as a non-security. The lawsuit, filed in the Northern District of Texas, comes amid ongoing regulatory uncertainty surrounding the world's second-largest blockchain platform.

(Benzinga)
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Thu, 25th Apr 2024 02:48:37 PM EST

The Rise of Bitcoin Ownership: More Wallets Hold $1K or More in Crypto

The Rise of Bitcoin Ownership: More Wallets Hold $1K or More in Crypto
The data, released by Fidelity Digital Assets, sheds light on the increasing prevalence of smaller Bitcoin addresses amassing significant holdings. Since the onset of 2024, there has been a remarkable 20% surge in the number of wallets containing $1,000 or above in Bitcoin.

(The Currency Analytics)
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Thu, 25th Apr 2024 02:45:19 PM EST

SEC expected to deny Ethereum ETFs: Reuters

SEC expected to deny Ethereum ETFs: Reuters
The SEC signals a cautious crypto stance, likely rejecting Ethereum ETFs and delaying Bitcoin ETF options.

(Forkast)
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Thu, 25th Apr 2024 02:45:09 PM EST

Top Solana DEX Jupiter Eyes Mobile Trading With Acquisition of DeFi Wallet App

Top Solana DEX Jupiter Eyes Mobile Trading With Acquisition of DeFi Wallet App
Solana (SOL) decentralized exchange (DEX) aggregator Jupiter has just acquired the decentralized finance (DeFi) wallet Ultimate Wallet amid plans to launch a zero-fee mobile trading platform in May. In a series of posts on social media platform X, Jupiter says the acquisition is part of a strategy to get more people into crypto.

(The Daily Hodl)
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Thu, 25th Apr 2024 02:22:09 PM EST

SEC seeks to regulate ETH as a security, Consensys alleges in lawsuit

SEC seeks to regulate ETH as a security, Consensys alleges in lawsuit
Consensys, the company behind MetaMask, filed a lawsuit against the Securities and Exchange Commission in a Texas court on Thursday.

(Blockworks)
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Thu, 25th Apr 2024 02:06:28 PM EST

Top 3 Crypto To Invest In 2024 – Expert Reveals

Top 3 Crypto To Invest In 2024 – Expert Reveals
The cryptocurrency market is buzzing with anticipation for 2024. Bitcoin, Solana, and Dogwifhat are projected to lead the charge with substantial value increases.

(Coingape)
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Thu, 25th Apr 2024 02:41:53 PM EST

Solana-Based Memecoin Erupts Over 90% in Days After Community Overwhelmingly Votes To Reduce Supply

Solana-Based Memecoin Erupts Over 90% in Days After Community Overwhelmingly Votes To Reduce Supply
A Solana-based (SOL) meme asset has nearly doubled up just days after its community overwhelmingly passed a resolution to burn its supply. In a new announcement on the social media platform X, the decentralized autonomous organization (DAO) for memecoin Bonk (BONK) says it has voted to reduce the token's supply by billions.

(The Daily Hodl)
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Thu, 25th Apr 2024 02:40:17 PM EST

Crypto firm Consensys sues US SEC over Ethereum regulation

Crypto firm Consensys sues US SEC over Ethereum regulation
Crypto firm Consensys said on Thursday it had filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) tied to the regulation of the Ethereum blockchain.

(Reuters)
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Thu, 25th Apr 2024 02:39:36 PM EST

SEC Likely To Deny Ethereum Spot ETFs In May: Reuters

SEC Likely To Deny Ethereum Spot ETFs In May: Reuters
The SEC is not seriously engaging with Ethereum ETF applicants even though the approval deadline is one month out.

(CryptoPotato)
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Thu, 25th Apr 2024 02:37:18 PM EST

SEC cold-shoulders Ethereum ETF applicants in meetings, dashing hopes of May approval

SEC cold-shoulders Ethereum ETF applicants in meetings, dashing hopes of May approval
The US SEC is expected to reject several applications for exchange-traded funds (ETFs) based on Ethereum, the world's second-largest cryptocurrency, Reuters reported on April 25, citing industry insiders. The decision, anticipated in May, follows recent discouraging interactions between ETF issuers and the SEC.

(CryptoSlate)
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Thu, 25th Apr 2024 02:36:30 PM EST

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority' Over Ethereum

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority' Over Ethereum
Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.

(Coindesk)
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Thu, 25th Apr 2024 02:33:29 PM EST

Ohio Mulls Law to Protect Bitcoin Rights, Scrap Capital Gains Taxes

Ohio Mulls Law to Protect Bitcoin Rights, Scrap Capital Gains Taxes
The bill would also require state pension funds to consider investing in Bitcoin spot ETFs.

(Decrypt)
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Thu, 25th Apr 2024 02:31:16 PM EST

Consensys files lawsuit against SEC and commissioners over Ether

Consensys files lawsuit against SEC and commissioners over Ether
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S.

(Cointelegraph)
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Thu, 25th Apr 2024 02:24:27 PM EST

Grayscale Bitcoin Trust (GBTC) Sets Unprecedented Outflow Record: What's Next?

Grayscale Bitcoin Trust (GBTC) Sets Unprecedented Outflow Record: What's Next?
The Grayscale Bitcoin Trust (GBTC) has established a precedent of negative investor sentiments, which have been incredibly prolonged. This 72-day stretch outlasts any world ETF fund streak in known history, Bloomberg's Senior ETF Analyst Eric Balchunas confirms.

(Coingape)
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Thu, 25th Apr 2024 02:20:11 PM EST

XRP Investors Seize Opportunity Amid Market Fluctuations: What You Need to Know

XRP Investors Seize Opportunity Amid Market Fluctuations: What You Need to Know
In the ever-fluctuating landscape of cryptocurrency markets, XRP investors have been quick to adapt, seizing opportunities amidst recent market turbulence. Here's a comprehensive look at how investors are navigating these uncertain waters and what it means for the future of XRP.

(The Currency Analytics)
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Thu, 25th Apr 2024 02:20:00 PM EST

‘Persistent inflation' will be key in Bitcoin's run to $200K — Crypto fund manager

‘Persistent inflation' will be key in Bitcoin's run to $200K — Crypto fund manager
“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024.

(Cointelegraph)
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Thu, 25th Apr 2024 02:17:05 PM EST

Bitcoin, Ethereum Dip as Inflation Figures Hamstring Rate Cut Hopes

Bitcoin, Ethereum Dip as Inflation Figures Hamstring Rate Cut Hopes
The Fed's preferred inflation gauge showed personal expenditures grew 3.7% in the first quarter.

(Decrypt)
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Thu, 25th Apr 2024 02:05:21 PM EST

Bitcoin To Surge? Glassnode Co-Founders Say Indicator That Tipped Off January Rally Flashing Bullish Signal

Bitcoin To Surge? Glassnode Co-Founders Say Indicator That Tipped Off January Rally Flashing Bullish Signal
The founders of the analytics platform Glassnode say one key indicator is suddenly flashing bullish again for Bitcoin (BTC).

(The Daily Hodl)
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Thu, 25th Apr 2024 02:00:57 PM EST

BNB Chain to Move Native Liquid Staking Feature to BSC

BNB Chain to Move Native Liquid Staking Feature to BSC
The liquid staking feature makes it so that users can engage in decentralized finance activities in quite the unusual way.

(Coinspeaker)
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Thu, 25th Apr 2024 01:47:03 PM EST

Bitcoin Whale Buys $40 Million Worth of BTC at the Bottom

Bitcoin Whale Buys $40 Million Worth of BTC at the Bottom
According to cryptocurrency analytics platform Lookonchain, a major Bitcoin whale recently purchased 620 Bitcoins ($39.8 million) at the bottom of a recent price correction.

(UToday)
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Thu, 25th Apr 2024 01:52:47 PM EST

Runes Token Dominates Bitcoin Transactions: What You Need to Know

Runes Token Dominates Bitcoin Transactions: What You Need to Know
Since its introduction following Bitcoin's halving event on April 20, Runes has been on a meteoric ascent, processing over 2.38 million transactions within a relatively short span. This surge in activity underscores the growing significance of alternative token standards within the cryptocurrency ecosystem.

(The Currency Analytics)
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Thu, 25th Apr 2024 01:52:18 PM EST

Ethereum Price Analysis: Key Levels to Watch Amidst Market Volatility

Ethereum Price Analysis: Key Levels to Watch Amidst Market Volatility
In the ever-evolving landscape of cryptocurrency markets, Ethereum, one of the leading digital assets, continues to capture attention as its price dynamics unfold amidst a backdrop of volatility and uncertainty. Recent developments have prompted investors to closely monitor key resistance and support levels, navigating the intricacies of market sentiment.

(The Currency Analytics)