Unfortunately For Coinbase, US Supreme Court Rejects Its Appeal
The SEC is investigating Coinbase, the biggest cryptocurrency exchange in the US, for allegedly listing securities on its website. For Coinbase, the Supreme Court’s denial of its exchange’s plea has caused yet another major problem. Coinbase requests that a court date be set According to Bloomberg, the US Supreme Court rejected Coinbase’s request to submit […]
JPMorgan Claims Crypto Market Has Reached a Bottom
Despite Chairman Jamie Dimon’s prior criticism of Bitcoin, JPMorgan Chase now seems to be on the side of cryptocurrencies. This is following a brief recovery bounce, the cryptocurrency markets are presently being rejected. JPMorgan claims that despite the present market concerns, the markets may have reached a bottom. The Merge results in positive market metrics […]
Breaking: Ripple Labs Likely To Buy Celsius Assets?
The creator of the XRP cryptocurrency, Ripple Labs, may purchase the assets of the Celsius network. Ripple labs, the blockchain payments startup is reportedly interested in Celsius’ assets, although the specific intentions are unclear, according to a Reuters story. However, neither company has made a formal statement about the interest in purchasing Ripple Celsius assets […]
Why Bitcoin Purchase is on the Rise Among Big Corporations
As the adoption of Bitcoin increases, Corporate organizations plunge into an aggressive bitcoin purchase. The business sector has recently been using Bitcoin more often, therefore the future of cryptocurrencies generally seems promising. The likelihood of sustained institutional Bitcoin Purchase hinges on the future profits they would generate. As Bitcoin (BTC) continues to be susceptible, it […]
Mike Novogratz: 200X returns from cryptocurrency are “not normal”
The extraordinary profits observed in the cryptocurrency market, according to ex-LUNAtic Mike Novogratz, are just unsustainable. Making more than 200X returns on cryptocurrency investments is “not normal,” according to Mike Novogratz, the billionaire founder of crypto asset management company Galaxy Digital. Novogratz forewarned attendees of the Christie’s Art + Tech Summit in New York on […]