Category Archives: Cryptocurrency News

Ripple: SEC May Withdraw Its Claims Against the Company

Ripple’s management expects that after a series of unsuccessful lawsuits, the US Securities and Exchange Commission (SEC) will abandon further investigations and withdraw claims against the company. Today, July 18, Ripple was expected to receive a final verdict, drawing a line under the SEC’s multi-year investigation into the company related to possible violations of securities laws and the sale of digital assets without registration. However, the SEC unexpectedly canceled a closed-door meeting to discuss the…

Japanese company MetaPlanet buys $1.2 million worth of bitcoins

Japanese investment giant MetaPlanet has purchased an additional 21.88 BTC for 200 million yen (about $1.2 million). The company now owns 225.6 BTC, which is valued at $14.6 million. MetaPlanet, formerly known as Red Planet Japan, was originally a budget hotel operator in Japan before rebranding itself as a Web3 and metaverse-focused organization. In April 2024, MetaPlanet announced plans to add Bitcoin to its investment portfolio by partnering with Sora Ventures and UTXO Management. MetaPlanet…

Bloomberg: Donald Trump to Release Fourth NFT Collection

In an interview with Bloomberg, Republican candidate Donald Trump said he plans to release a fourth collection of non-fungible tokens (NFTs). US presidential candidate Donald Trump has announced that he fully supports cryptocurrencies and the development of the crypto market in the US. “If we don’t do this, China will take over. Or someone else. Cryptocurrency is here to stay, and that’s amazing,” he said. In addition, the politician, who survived an assassination attempt at…

Dave Portnoy: “I’ll Buy $10 Million in BTC If Bitcoin Falls to $40,000”

The founder of the digital media company Barstool Sports, Dave Portnoy, announced to his followers on the social network X that he intends to buy bitcoins worth up to $10 million with the company’s money. But only if the rate of the first cryptocurrency falls to $40,000. Dave Portnoy wrote that he already owns the first cryptocurrency, but the current price range of Bitcoin – above $60,000 – is not entirely suitable for additional purchases…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Hackers hacked Metallica’s account to promote METAL tokens

Hackers hacked the account of the American rock band Metallica on the social network X in order to advertise their METAL token on the Solana blockchain. The scammers managed to earn $3 million. In the first tweet posted on behalf of Metallica, the attackers announced that the METAL token will improve fan interaction with the music group. Subscribers were told that the METAL developers are collaborating with the Ticketmaster service, so investors have access to…

Reuters: SEC may approve Ether ETF before July 4

Reuters, citing its own sources, reports that negotiations between the SEC and asset managers have reached the final stage, and the regulator may approve ETH-ETF before July 4, 2024. According to Reuters, the process of making changes to the documents for the placement of ETFs on air has advanced to the stage of resolving minor comments. Lawyers for companies that have submitted applications for ETH-ETF are confident that there is no more than a week…

Ki Yoon Joo: “Bitcoin whales and miners are selling their assets”

Investment firm CryptoQuant CEO Ki Yoon Joo said Bitcoin whales and miners have reduced their positions through over-the-counter platforms by $1.2 billion over the past two weeks. According to the analyst, over the same period of time, the outflow of funds from spot Bitcoin ETFs exceeded $460 million. Ki Young Ju believes that miners may switch from mining Bitcoin to participating in projects related to artificial intelligence, which will lead to significant sales of their…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

CertiK: We are related to the scandal with the theft of $3 million from the Kraken exchange

Crypto security experts at CertiK admitted that they were the same white hat hackers who found a vulnerability in the American exchange Kraken and were accused of stealing $3 million worth of crypto assets. On Wednesday, June 19, Kraken security director Nick Percoco reported that a group of undisclosed anonymous white hat hackers illegally took possession of approximately $3 million worth of digital assets. According to Nick Percoco, attempts by the Kraken administration convincing the…