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Category: ETHUST

Ripple CEO Reveals the “Only” Condition Under Which They Would Settle With SEC

The Ripple vs SEC lawsuit is nearing an end and with settlement speculations still quite high, Ripple CEO Brad Garlinghouse cleared the only condition that would make them settle with the SEC. Garlinghouse appeared on the Fox network to talk about the need for clarity on Security laws from the SEC and also made it

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China Crypto Ban: Here’s Five Critical Things You Should Know

People’s Bank of China (PBOC) issued fresh guidelines to eliminate all forms of crypto use in mainland China. The Chinese Central Bank deemed all crypto-related transactions illegal and ordered authorities to take strict action against existing crypto mining farms in the country. It also prohibited any foreign crypto exchanges from offering services in the country.

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Crypto Market Enters Sharp Correction After China Declares Crypto Transactions As Illegal

Over the last two hours from press time, the crypto market has collectively lost a staggering $150 billion with a sharp 5% drop. This comes amid China’s intensified crackdown on digital assets and declaring crypto transactions as illegal. On Friday afternoon, September 24, the People’s Bank of China (PBoC) said that the latest decision was

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Twitter Announces Big NFT Plans as Bitcoin ($BTC) Tipping Goes Live For iOS Users

The Bitcoin ($BTC) tipping feature went live on Twitter today for iOS users, making it the first global monetary network. The BTC tipping would be facilitated via a layer-2 solution lightning network. Twitter has partnered with Strike, a BTC wallet app based on the lightning network, to build the infrastructure and API for the integration,

The post Twitter Announces Big NFT Plans as Bitcoin ($BTC) Tipping Goes Live For iOS Users appeared first on Coingape.

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Ethereum Price Analysis: ETH Needs This Crucial Level Ahead Of Approach To $4,000

Ethereum is doddering at $3,100 after failing to break the resistance at $3,200. The MACD may call more buyers into the market if Ether confirms a break above $3,200, a move that could bolster ETH toward $4,000. Ethereum moved with its peers on Thursday and managed to reclaim the ground above $3,000. As reported earlier

The post Ethereum Price Analysis: ETH Needs This Crucial Level Ahead Of Approach To $4,000 appeared first on Coingape.

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eToro Sets Eyes on Defi Market, Launches 11 Defi Assets Based Investment Portfolio

eToro, the mobile trading service is looking to expand its crypto offering and now it is tapping into one of the most popular crypto use cases defi. The platform announced a new Defi portfolio with 11 digital assets including Ether, Uniswap, Chainlink, Aave, Compound, Yearn.Finance, Decentraland, Polygon, algorand, basic attention token, and maker. Dani Brinker,

The post eToro Sets Eyes on Defi Market, Launches 11 Defi Assets Based Investment Portfolio appeared first on Coingape.

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Just-in: Coinbase to expand legal and compliance team Amid regulatory crackdown

As the SEC threatened to sue, Coinbase, the largest publicly listed crypto exchange has decided to abide by the regulatory framework and collaborate with the authorities in sketching out a “sensible regulation” for the crypto industry in the US. Coinbase’s website has posted over 350 job openings, including legal and compliance job profiles to restore

The post Just-in: Coinbase to expand legal and compliance team Amid regulatory crackdown appeared first on Coingape.

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XRP Lawsuit: Settlement speculations rise upon SEC request for an extension to file seal

The latest update in the XRP lawsuit saw the SEC appeal for an extension to file for its letter motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories, submitted as exhibits for the Court’s consideration in support of the SEC’s letter opposing Defendants’ letter motion

The post XRP Lawsuit: Settlement speculations rise upon SEC request for an extension to file seal appeared first on Coingape.

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President Biden nominates Crypto Critic to regulate Wall Street

According to Bloomberg, President Biden will reportedly nominate the anti-crypto critic, Saule Omarova as the director of the U.S. Monetary Supervision Agency, i.e., the Office of the Comptroller of the Currency (OCC). Omarova in the past has argued that digital currencies pose a threat of destabilizing the economy and can be easily abused by private

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Breaking: Satoshi Nakamoto’s Website Gets Hacked, Scammers Run BTC Giveaway Scam

Bitcoin.org, the oldest cryptocurrency website registered by the pseudo-anonymous creator of Bitcoin Satoshi Nakamoto was hacked earlier today. The hackers then ran a BTC giveaway scam promising to return double the amount of BTC that users send to the mentioned address. The scammers reportedly managed to collect $17,764 before the website was taken down. It

The post Breaking: Satoshi Nakamoto’s Website Gets Hacked, Scammers Run BTC Giveaway Scam appeared first on Coingape.

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Amid Strong Comeback Altcoins Add $100 Billion in 24 Hours, Ethereum (ETH) Above $3100

The overall crypto space has bounced back strongly amid the global market recovery on Wednesday led by positive Fed commentary. It’s the altcoin space that’s leading the crypto market rally by adding $100 billion to the overall crypto market. The world’s second-largest cryptocurrency Ethereum (ETH) is showing healthy gains shooting 10% and moving past $3,100

The post Amid Strong Comeback Altcoins Add $100 Billion in 24 Hours, Ethereum (ETH) Above $3100 appeared first on Coingape.

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Ethereum Price Retests Key Resistance Level as Aided by These Two Fundamentals

This week has not been exceptionally pleasant for Ethereum (ETH) investors as the digital currency has trailed the global digital currency industry in an unprecedented free fall. The cryptocurrency continued on its free fall which began last Friday as it started Monday around a price of $3,310.21. Ether soon fell to its lowest price point

The post Ethereum Price Retests Key Resistance Level as Aided by These Two Fundamentals appeared first on Coingape.

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Mike Novogratz Predicts Key Bitcoin ($BTC) and Ethereum ($ETH) Levels to Watchout For

The crypto market saw its valuation fall under $2 trillion again as Bitcoin ($BTC) and Ethereum ($ETH) lost key support momentarily. September has continued to be bearish for the crypto market, but Mike Novogratz, the CEO of one of the leading crypto asset manager groups Galaxy Digital said if BTC maintains its price above $40,000

The post Mike Novogratz Predicts Key Bitcoin ($BTC) and Ethereum ($ETH) Levels to Watchout For appeared first on Coingape.

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XRP Lawsuit: SEC Agrees to seal Exhibits in the Interrogatories Dispute, Here Why

The latest development in the XRP lawsuit saw the SEC agree to Ripple’s motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories. The plaintiff has filed a letter stating that it “does not oppose” Ripple’s request to seal parts of certain exhibits in the Interrogatories

The post XRP Lawsuit: SEC Agrees to seal Exhibits in the Interrogatories Dispute, Here Why appeared first on Coingape.

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Breaking: Dubai World Trade Centre takes pro-crypto stance with trading agreement

The Dubai World Trade Centre Authority (DWTCA) in collaboration with the Securities and Commodities Authority (SCA) of the UAE has announced entering a pro-crypto agreement that will enable the trading of crypto assets and related financial activities within DWTCA’s free zone. Dubai World Trade Centre to play on backfoot as SCA takes command The Dubai

The post Breaking: Dubai World Trade Centre takes pro-crypto stance with trading agreement appeared first on Coingape.

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Just-In: Galaxy Digital and Invesco Files Joint Physical Bitcoin ETF Proposal

Galaxy Digital, a leading crypto asset manager along with Invesco has filed a joint physical Bitcoin ETF proposal to push the crypto ETF effort in the US. The move came in as a surprise given the majority of Bitcoin ETF filing over the past month has been for Bitcoin Strategy ETF that offers investment in

The post Just-In: Galaxy Digital and Invesco Files Joint Physical Bitcoin ETF Proposal appeared first on Coingape.

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U.S. Treasury Department Announces First Sanctions in Crypto-Ransomware Attacks

The U.S. Treasury Department announced sanctions against crypto-ransomware attacks. The Russian cryptocurrency exchange, Suex became the first to come under the regulatory foot for helping facilitate and launder transactions from allegedly eight ransomware variants “for their own illicit gains.” The Department highlighted that the first sanctions designation against a virtual currency exchange has been executed

The post U.S. Treasury Department Announces First Sanctions in Crypto-Ransomware Attacks appeared first on Coingape.

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XRP Lawsuit: Ripple’s appeal in the pre-clearance data dispute has been “DENIED”

The latest update in the XRP lawsuit saw the court deny Ripple’s Motion to Compel SEC to produce documents reflecting the SEC’s trading preclearance decisions of SEC employees’ transactions in Bitcoin, Ether, or XRP, as well as annual certifications concerning SEC employees’ XRP holdings. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Defendants’ request for documents reflecting

The post XRP Lawsuit: Ripple’s appeal in the pre-clearance data dispute has been “DENIED” appeared first on Coingape.

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China Injects $19 Billion to Bail Out Evergrande, Here’s How Crypto Market Can Benefit

The Chinese Real Estate giant Evergrande has defaulted on its debt payment and the fear of the company’s payment default has led to a collectible slump in the financial market world over. Many believe the crypto market’s downturn over the past week was also influenced by the same as investors rushed to liquidate their crypto

The post China Injects $19 Billion to Bail Out Evergrande, Here’s How Crypto Market Can Benefit appeared first on Coingape.

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Ethereum Price Forecast: ETH Slides To $2,650 For The First Time Since Early August

Ethereum shakes off weak hands from the market following the freefall to $2,650. The 100-day SMA plays a crucial role, ensuring that ETH does not extend the bearish leg to $2,400. The cryptocurrency market is experiencing a downtrend run amid heightened volatility. Investors have been cautiously bullish, especially with the stock market bleeding in the

The post Ethereum Price Forecast: ETH Slides To $2,650 For The First Time Since Early August appeared first on Coingape.

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