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Category: ETHMXN

XRP Lawsuit: SEC repeats “privileged documents” argument like a broken record

After hitting face first in the DPP dispute, the SEC has continued to assert its “privileged documents” stance. The latest development in the XRP lawsuit saw the SEC submit a redacted version of the three additional documents requested by Ripple for in-camera review on the public docket. The commission also submitted an explanation for its

The post XRP Lawsuit: SEC repeats “privileged documents” argument like a broken record appeared first on Coingape.

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XRP Lawsuit: SEC aims to make XRP skip the bull run with an Expert Discovery Extension Appeal

The latest update in the XRP lawsuit saw the SEC file a letter requesting the Court to extend the expert rebuttal report deadline to November 12, 2021, and the expert discovery deadline to January 14, 2022, from the former date of November 12, 2021. The plaintiff noted that the extension will allocate both parties sufficient

The post XRP Lawsuit: SEC aims to make XRP skip the bull run with an Expert Discovery Extension Appeal appeared first on Coingape.

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LINK Price Analysis: Hidden Bullish Divergence Patterns Suggest Continuation of Move Upwards

The FinTech platform YouHodler integrates with Chainlink price feed to improve auditing and reliability of the data used to trigger key backend processes such as loan issuing, liquidation of under-collateralized loans in a secure way without compromising data quality. The FinTech platform offers alternative and high-yield crypto savings accounts crypto-backed lending with fiat secured crypto

The post LINK Price Analysis: Hidden Bullish Divergence Patterns Suggest Continuation of Move Upwards appeared first on Coingape.

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Ethereum (ETH) Approaches $4000 In Multi-Week High, Mark Cuban Sees Strong Upside

The world’s second-largest cryptocurrency Ethereum (ETH) has been following the Bitcoin price action. As of press time, Ethereum (ETH) is trading 5.46% up at a price of $3,838 and a market cap of $452 billion. This is for the first time in the last six weeks that the ETH price has crossed $3,800 levels. After

The post Ethereum (ETH) Approaches $4000 In Multi-Week High, Mark Cuban Sees Strong Upside appeared first on Coingape.

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CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside

The Pancake Swap DEX on the Binance Smart Chain recently announced the execution of its scheduled token burn via its Twitter handle on 12 October. Its scheduled CAKE burn function results in a token burn of more than 7million CAKE tokens valued at around 132 million USD. The recent Pancake DEX token burn, though significant

The post CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside appeared first on Coingape.

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Ethereum Axie Infinity Price Analysis: October 15, 2021

Ethereum follows in Bitcoin’s footsteps amid a formidable quest for all-time highs at $4,400. Axie Infinity sprouts to $145 after holding support at $115, but a retracement cloud still hovers. Ethereum seems to be exhibiting a lot of positive correlation to Bitcoin as it closes the gap to $4,000. As reported, BTC has returned above

The post Ethereum Axie Infinity Price Analysis: October 15, 2021 appeared first on Coingape.

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Bitwise Re-Files for Bitcoin ETF, Here’s Why the Firm Believes it will Secure Approval this time

Popular asset manager Bitwise has filed for a Bitcoin Exchange Traded Fund (ETF) product with NYSE Arca, a major move it is making after the rejection of its previous applications. As unveiled by the company’s Chief Investment Officer, Matt Hougan, Bitwise currently has an active Bitcoin Futures ETF application, however, the firm believes that an

The post Bitwise Re-Files for Bitcoin ETF, Here’s Why the Firm Believes it will Secure Approval this time appeared first on Coingape.

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China Crypto Ban: World’s largest Bitcoin mining pool to block IP access from mainland China

The latest update in the Chinese crypto ban saw the world’s largest Bitcoin mining pool, Ant Pool give in to the regulatory crackdown and announced blocking IP access in mainland China, effective from 15th October. Additionally, amid a global crypto takedown, Ant Pool has also revealed the upcoming launch of its exclusive KYC verification system

The post China Crypto Ban: World’s largest Bitcoin mining pool to block IP access from mainland China appeared first on Coingape.

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Coinbase NFT marketplace owns dominance with 1M sign ups in a day

Coinbase CEO, Brian Armstrong revealed on Twitter today that Coinbase’s exclusive NFT marketplace has had 1 million sign-ups since yesterday and the platform further continues counting. Earlier this week, Coinbase Global Inc. launched its Non-Fungible Token (NFT) marketplace for digital artists and creators. Over 1M people have signed up for Coinbase NFT since we launched

The post Coinbase NFT marketplace owns dominance with 1M sign ups in a day appeared first on Coingape.

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Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC?

Why Is Binance Coin (BNB) Price Surging? Among many reasons recent 1 billion USD fund for project development of DApps on the Binance Smart Chain [BSC] is one major catalyst fueling the BNB price.  The crypto data tracking service, Santiment spotted an increase in demand for BNB on wallets with BNB whales acquiring roughly 412K

The post Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC? appeared first on Coingape.

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XRP Lawsuit: SEC contends Ripple’s “boil-the-ocean” argument

The latest development in the XRP lawsuit saw the SEC respond to Ripple’s opposition letter to the plaintiff’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. At this point, the case has turned into a tug of

The post XRP Lawsuit: SEC contends Ripple’s “boil-the-ocean” argument appeared first on Coingape.

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SHIB Price Analysis: Shiba Inu Price Hints Breakout of Ascending Triangle Resistance Amid Token Burning News

Amid regulatory uncertainties, India’s top crypto exchange, ZebPay, recently announced the listing of Shiba Inu’s SHIB token on its platform, following the path of Bitpanda, Coinbase Pro, and Binance. The SHIB price rose by roughly 350% from its October opening price bringing its market cap to the 18th position at press time, and quickly lives

The post SHIB Price Analysis: Shiba Inu Price Hints Breakout of Ascending Triangle Resistance Amid Token Burning News appeared first on Coingape.

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Ethereum Price Forecast: ETH Shakeout To $3,400 Healthy Amid Growing Potential To $4,000

Ethereum regains its glory above $3,600, and investors look toward $4,000. Ether’s intraday outlook remains bullish based on the MACD and the RSI. Ethereum is back in the green in tandem with the largest cryptocurrency, Bitcoin. The former has returned t levels above $3,600 while the former currently trades above $58,000 while making headway to

The post Ethereum Price Forecast: ETH Shakeout To $3,400 Healthy Amid Growing Potential To $4,000 appeared first on Coingape.

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G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes

The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In its latest report, the body highlighted the challenges that surround cross-border payments which range from high transaction

The post G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes appeared first on Coingape.

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Wall Street Giant a16z Set to Lobby for Better Crypto Regulations

Venture capital firm, Andreessen Horowitz (a16z), with over $3 billion worth of funding into crypto and web3 is going to send its executives to Washington, D.C. this week to propose crypto regulations. According to CNBC, the firm confirmed its meeting with “top leaders at the White House, executive agencies, regulators, House, and Senate” to further

The post Wall Street Giant a16z Set to Lobby for Better Crypto Regulations appeared first on Coingape.

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Polkadot (DOT) Price Analysis: Imminent Breakout of Symmetrical Triangle, Time to Buy the Dip?

Lark Davis, famous New Zealand-based crypto analyst stated reasons for his bullish position on the DOT token of the Polkadot ecosystem on 10 October. A notable reason being the announcement of Polkadot Parachains by Dr. Gavin Wood. Polkadot (DOT), now viewed by many analysts as layer-0, allows developers to build smart contract blockchains like ETH

The post Polkadot (DOT) Price Analysis: Imminent Breakout of Symmetrical Triangle, Time to Buy the Dip? appeared first on Coingape.

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Breaking: United States Overtakes China to Become the Leading Bitcoin Mining Hub

The United States (US) has officially broken China’s monopoly on the Bitcoin mining market and become the leading BTC mining hub. China has dominated BTC mining for the majority of the past decade and accounted for more than 70% of Bitcoin mining. However, recent crypto crackdowns in the country especially in May and June led

The post Breaking: United States Overtakes China to Become the Leading Bitcoin Mining Hub appeared first on Coingape.

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Breaking: Chinese Zunyi Police Arrests 100 People in $130 Million Crypto Money Laundering Case

The latest update in the Chinese Crypto Ban saw the Zunyi City Public Security Bureau arrest nearly 100 suspects for running one of the largest virtual currency money-laundering rackets, amounting to 800 million yuan, i.e., $130 Million in laundered money. Furthermore, the police revealed that the money laundering gang used exchange giants like Huobi, Okex,

The post Breaking: Chinese Zunyi Police Arrests 100 People in $130 Million Crypto Money Laundering Case appeared first on Coingape.

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US Authorities Are Working to Eliminate This Crypto Tax Loophole

The chief tax-writing committee of the United States House of Representatives, the Ways and Means Committee has proposed to include the wash trade law to the controversial crypto clause in the U.S. Infrastructure bill. Last month, the Ways and Means Committee published a summary report, adding cryptocurrency to the list of entities that come under

The post US Authorities Are Working to Eliminate This Crypto Tax Loophole appeared first on Coingape.

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Litecoin (LTC) Flips Ethereum (ETH) In Terms of Address Activity for Third Time in 2021

If something good that’s happening to Litecoin (LTC) as of now is that there’s a sudden surge in the Litecoin address activity as of now. On-chain data provider Santiment reported that Litecoin has flipped the world’s second-largest blockchain platform Ethereum (ETH) in terms of address activity. The data provider reports: Litecoin has just flipped #Ethereum

The post Litecoin (LTC) Flips Ethereum (ETH) In Terms of Address Activity for Third Time in 2021 appeared first on Coingape.

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