Bitcoin surpasses $40,000 for the first time this year, due to bets on U.S. interest rate cuts and anticipation of the approval of a bitcoin exchange-traded fund. This is the first time that the price of the world’s largest cryptocurrency has surpassed $40,000 since May 2022 as popularity creates. Bitcoin surpasses $40,000. Why is cryptocurrency […]
Tag: sec
Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on U.S. cryptocurrency exchange Coinbase, albeit momentarily, leading many backers to believe that the digital currency was all set to skyrocket once again, possibly even retesting its January 2018 all-time high of over $3. However, in the wake of […]
Ripple will be sued by the SEC for allegedly selling unlicensed securities in the form of XRP tokens, according to Fortune. In a move reminiscent of Coinbase’s recent front-running of a New York Times expose of its alleged treatment of employees of color, Ripple CEO Brad Garlinghouse has taken the unusual step of posting to […]
One of the crypto industry’s earliest supporters and the man who predicted Bitcoin would reach $1 million by the end of…