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In August a judge ordered Ripple to pay just over $125 million in civil penalties, officially ending the SEC’s lawsuit & concluding that XRP is not a security. The decision was a win for Ripple and all of the crypto industry, and also gave a slight pump to XRP’s price. However, the possibility remains for the SEC to appeal the Ripple case. If the regulator does file an appeal, how could that affect the asset’s price, if they do decide to at all? In a video posted on YouTube, crypto analyst Mattew Perry discusses the possibility of the SEC appealing the case against Ripple. The appeals’ deadline is approaching on October 6, and an appeal could change XRP’s current trajectory. Indeed, some investors are worried that if anything changes the court’s decision, XRP’s price might see a dip. Following the conclusion of the Ripple v SEC lawsuit, XRP rose 16% within the day. The asset currently sits under $0.60. Currently, there are speculations that XRP could pump to as high as...

Someone lost (yet another) millions of dollars worth of funds to a phishing attack while using decentralized finance (DeFi). This is a common mistake among users, affecting even investors with advanced knowledge if using cryptocurrencies that facilitate these attacks. In this most recent event, the Ethereum address ‘0xAA1582084c4f588eF9BE86F5eA1a919F86A3eE57‘ lost 12,083.6 spEWTH, worth $32.33 million. Ethereum’s blockchain registered the transaction to two addresses labeled “Fake Phishing” on September 28 at 6:15 a.m. UTC. Finbold consulted the Arkham Intelligence database, which suggests the address belongs to Shixing Mao, also known as DiscusFish on X. Right now, it still holds $8.25 million worth of tokens, of which $2.85 million are in DAI stablecoin. Picks for you Trading expert reveals when XRP price w...

BNB Chain is making significant strides in the realm of digital identity solutions, addressing the growing need for secure, decentralized, and user-controlled identity management. As digital interactions become more prevalent, the demand for robust identity verification processes increases, making blockchain technology a vital component in this space. Through its decentralized infrastructure, BNB Chain enables users to create and manage their digital identities without relying on centralized authorities. This empowers individuals to control their personal information, reducing the risk of data breaches and identity theft. By leveraging blockchain’s immutable nature, users can verify their identities seamlessly, ensuring that their credentials are secure and tamper-proof. Additionally, BNB Chain supports the development of decentralized applications (dApps) that enhance identity verification processes, such as KYC (Know Your Customer) solutions. These applications allow businesses to au...

The Shiba Inu price surged over 23% in the last 24 hours to trade at $0.00001907 as of 11:40 p.m. EST as investors rush to buy the meme coin. Following the recent gain, the SHIB price is now up more than 34% on the weekly time frame and has risen more than 38% over the last 30 days. The Shiba Inu Price About To Challenge The $0.00001951 Resistance 4-hour chart for SHIB/USD (Source: GeckoTerminal ) The Shiba Inu price soared above the major resistance level at $0.00001674, and is attempting to flip the next technical barrier at $0.00001951 into support. However, sellers seem to be exerting a lot of pressure on the meme coin’s price. This is evident by the wick present above the latest 4-hour candles. Should bulls manage to overpower their bearish counterparts, SHIB could end up rising beyond the $0.00001939 mark and climb to the subsequent resistance at $0.00002210 in the following 24 hours. On the other hand, the Shiba Inu price failing to cross $0.00001951 within the nex...

Premier League crypto partner Sorare has been accused of unlicensed gambling by the UK’s Gambling Commission.  The commission said today, “Sorare is charged with providing facilities for gambling without holding an operating license,” contrary to the Gambling Act 2005. A court hearing is scheduled for October 4. However, Sorare, a fantasy league football game that utilizes the Ethereum blockchain to allow players to trade football cards, disputes this allegation and says that the law has been wrongly applied. It told the Guardian, “The commission has misunderstood our business and wrongly determined that gambling laws apply to Sorare.”  “We are aware of the claims made by the Gambling Commission and have instructed our UK counsel to challenge them. We firmly deny any claims that Sorare is a gambling product under UK laws,” it added. The commission began its investigation into the $4.3 billion firm back in 2021 . CHART: Every crypto sponsor for the 2024/25 Champions League Read...

The Shiba Inu (SHIB) network stands out for a lot of reasons. But today, the meme coin was making headlines for being a top gainer. The asset rose by nearly 5% over the past 24 hours. According to data from CoinMarketCap, SHIB was trading at $0.0000157, at press time. It should be noted that Shiba Inu was trading at a low of $0.0000147 earlier today. Also Read: Ripple: When Can $1500 Worth Of XRP Become $1 Million? Source It should be noted that SHIB has been witnessing an uptick throughout the past couple of days. Over the last seven days, the asset has surged by 12%. The meme coin’s latest uptrend has further instilled a bullish sentiment in the market. Several even believe that the asset might mirror its 2021 rally and witness a 7,692,207% spike. Also Read: Shiba Inu (SHIB) & Dogecoin (Doge) October Price Prediction 2024 Is $1 Turning Into Reality For Shiba Inu? 2020 and 2021 were the golden years for Shiba Inu. $1 million and more was paid out to early investors who put in a m...

In the continuation of his Bank of America (NYSE: BAC) stock selling binge, Warren Buffett, the famous investor and CEO of Berkshire Hathaway (NYSE: BRK.A), has sold additional millions of BAC shares through his company, with his latest move nearing 22 million. Specifically, Buffett’s most recent sale of BAC stocks, worth about $863 million, took place between September 20 and September 24, bringing the total value of Bank of America shares sold by Berkshire Hathaway to $9 billion, as per TipRanks data on September 25. Bank of America insider trading activity. Source: TipRanks As it happens, the ‘Oracle of Omaha’ also sold 22.3 million BAC stocks seven days ago, netting $896 million in profit, and before that, his company sold about 5.8 million Bank of America stocks, worth $228.65 million at the time, between September 6 and September 10, as Finbold reported on September 12. Picks for you ...

The United States House Committee on Finance Services has grilled the United States Securities and Exchange Commission over unfair crypto and NFT market regulation for the past three years. The SEC’s intense scrutiny appears just a few weeks after this commission unfairly issued a wells notice to the OpenSea, claiming NFTs on its platform were unregistered securities. In this article, we shall assess what has transpired during this heated crypto debate. House Committee on Finance Services Grills The SEC On September 24, 2024, the United States Securities and Exchange Commission, spearheaded by Hon. Gary Gensler, the chairman of the commission; Hester Pierce, the head of the commission, and Caroline Crenshaw, a member of the commission, appeared before the House Committee on Financial Services to answers tough questions from lawmakers related to their recent stance on NFTs. It’s a simple question: Does the SEC differentiate between crypto tokens and tokenized securities? ...

Amid Bitcoin’s growth in 2024, Bitwise chief investment officer, Matt Hougan, recently made the claim that the “most important people in finance,” currently hold crypto. In a memo issued Tuesday, Hougan noted the massive shift that the industry has undergone in the last year. Specifically in who owns crypto. Hougan notes the number of prominent individuals in finance allocating to crypto has only increased. Moreover, he discussed an interesting trend in who is buying Bitcoin and other tokens. Ultimately, Hougan noted that “things could get interesting quickly,” based on his past experience. And emphasized that this could be a sign of even more buying to come in the next several months. JUST IN: Bitwise Chief Investment Officer says "the most powerful people in finance are allocating to crypto." — Watcher.Guru (@WatcherGuru) September 24, 2024 Also Read: Bitcoin ETF: Bitwise Says Institutions Are Still Investing Bitwise CIO Says Finance Sector is Incre...

A closely followed crypto analyst says that a clear bull pattern is forming for one artificial intelligence (AI)-focused altcoin while updating his outlook on three other tokens. Pseudonymous crypto trader Altcoin Sherpa tells his 223,300 followers on the social media platform X that a “clear bull trend” is underway for machine learning protocol Bittensor (TAO). The trader shares a chart suggesting that TAO has broken out of its multi-month accumulation range. “TAO never dropped to the range low. Expansion and clear bull trend now IMO (in my opinion), dips are for buying.” Source: Altcoin Sherpa/X TAO is trading for $488.88 at time of writing, a 5.20% increase during the last day. Moving on to the native asset of the Artificial Superintelligence Alliance (FET), the trader says he’s waiting for the coin to witness a minor pullback before going long. “FET – I think $1.50 could be an ok first entry, but pretty aggressive. If p...

Dogecoin (DOGE) and Pepe (PEPE) are meme coins that have garnered incredible popularity within the crypto community. Both are based on popular internet memes and have made quite an impact on the crypto sector. While both have had quite a run, let’s discuss which may hit an all-time high first. Also Read: Three Reasons Why Bitcoin (BTC) Will Surge To $100K in Q4 2024 Dogecoin vs Pepe: Which Hits All-Time High First? Source: BrightNode Dogecoin’s Advantages Over Pepe DOGE has many advantages over PEPE as the first meme coin. The dog-themed crypto launched in December 2013, more than ten years ago. The frog-themed meme coin, on the other hand, debuted in April 2023, about a year and a half ago. Current Performance Comparison Despite being first on the scene, DOGE is down by 85.4% from its all-time high of $0.7316, which it attained in May 2021, about three years ago. The frog-themed meme coin is down by about 53% from its all-time high of $0.00001717, which the asset reached in May o...

The altcoin market looks promising, and many altcoins are recording gains. Bitcoin (BTC) is still struggling to return to its all-time high of $70K, although it managed to surpass 60K. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend. Prices of various altcoins are already showing positive movements, even before the market takes off entirely. That is why today’s article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Smart investors anticipate a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionize the meme coin space with its groundbreaking MemeVault Ecosystem. This post covers the details of its presale. 1. Pendle (PENDLE) The cryptocurrency market is experiencing a bullish trend following a recent Federal Reserve rate cut, which has...