The crypto market swiftly turned bearish from yesterday’s scarcely bullish outlook, and top coins have receded farther from their new-found support. But interestingly, MarkerDao’s MKR appears unperturbed by the market’s gloomy sentiment as MKR soared higher with massive gains, adding over 17% to its value on the day. MKR Price Outlook Over the last day, the…
While Bitcoin price recedes from the $30,000 support, payment solutions Stellar (XLM) and XRP continue riding the bullish wave, with Stellar (XLM) outranking top gainers today amid impressive ecosystem developments. Determined to break all barriers to the $0.2 target, XLM painted all charts green, with a whopping 43.29% gain in value on the week. The cross-border…
In a long-awaited decision, Judge Torres ruled in favor of XRP in their case against the U.S. Securities and Exchange Commission (SEC) yesterday. The verdict is a positive development for the cryptocurrency industry, particularly with a focus on whether digital assets should be deemed securities in the US. The ruling is expected to set a…
In a significant legal victory for Ripple, the Southern District of New York has ruled that the company’s programmatic sales and other distributions of XRP did not constitute an offer and sale of investment contracts. However, the court found that Ripple’s institutional sales of XRP did constitute an unregistered offer and sale of investment contracts…
The United States Department of Justice (DOJ) announced on July 10 the unsealing of a four-count indictment against Soufiane Oulahyane for a scheme to impersonate the OpenSea marketplace to obtain unauthorized access to cryptocurrency and non-fungible tokens (NFTs). Oulahyane, currently in custody in Morocco for foreign charges, allegedly has stolen approximately $450,000 worth of cryptocurrency…
The crypto market outlook is positive today, July 11, as its cap shows a gain of 0.69% at the time of writing. But while the top assets struggle, Solana (SOL) shows impressive gains in the 24-hour and 7-day trends. At the time of writing, SOL has gained 6.07% in 24 hours and 14.52% in one week.…
Due to the anonymity cryptocurrencies provide, the crypto industry is known to be targeted by hackers and other malicious players. This has left many wondering just how much digital currency has been pilfered from right under the nose of the industry over the years. Now, the latest report by blockchain security firm SlowMist seems to…
The crypto market has been on a rollercoaster this year, with prices fluctuating wildly and regulatory pressures causing significant drops. However, recent developments have given investors renewed confidence in the market, leading to a total crypto market cap recovery. On June 15th, the total crypto market cap hit a low point of $972 billion, following…
Bitcoin (BTC) failed to break through the $31,500 resistance level and has since retreated to a range between $30,300 and $30,800 in the past few days. The cryptocurrency has also been unable to reclaim the $31,000 territory, leading some to believe that Bitcoin bears may still have the upper hand. Despite recent signs of strength,…
The Frog-themed meme coin, PEPE, has buckled up with high gains as the market sees recovery. The token bullishly rode on the positive wave of crypto community sentiments in the last week, adding 78% gains in seven days. PEPE’s rally coincides with days of incredible performance across the crypto market. Bitcoin gained 15.03% last week, while the…