El Salvador launches buyback offer for its foreign debt. With criticism and memes, this is how the bitcoin community reacted to the HBO documentary. Bitcoin (BTC) experienced a rise and fall that led its value to fluctuate between $59,000 and $64,000 throughout the week. The inflation announcements made in the United States caused the price … Read more
A derivatives platform, regulated by the CFTC, will launch XRP futures. The lawsuit seeks to protect the industry from the SEC’s excess authority. Cryptocurrency derivatives exchange Bitnomial is taking the US Securities and Exchange Commission (SEC) to court, accusing it of overextending its jurisdiction by claiming that the XRP token, issued by the company Ripple, … Read more
Ripple wants to make sure “nothing is left on the table.” They hope that the Court of Appeals will “put a stake in the heart” of Gary Gensler’s actions. In a calculated response, Ripple Labs through its chief legal officer Stuart Alderoty, has today filed a counterclaim against the United States Securities and Exchange Commission … Read more
Inflation data from the United States, the world’s main financial power, usually impact the operations of various markets. For this reason, high volatility is expected in assets, including bitcoin (BTC), with the consumer price index (CPI) to be published today. The report will be released at 12:30 PM (UTC). The expectations, according to the specialized … Read more
BTC will perform well in the long term regardless of the outcome, analysts say. “A Trump victory would be incrementally positive for the bitcoin market,” they wrote. Analysts at research and brokerage firm Bernstein, Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, sent a note to clients on Wednesday projecting that the price of bitcoin could … Read more
Canary and Bitwise are seeking approval from the regulatory body, the SEC. For a long time, XRP was classified as an unregistered security. Two companies are in the race to launch an exchange-traded fund (ETF) based on the spot price of XRP, a cryptocurrency issued by Ripple Labs. Investment firm Canary Capital joined Bitwise in … Read more
Demand for bitcoin (BTC) has been declining this week as an inflation report from the major financial power approaches. This is the consumer price index (CPI) of the United States. This report will be published tomorrow, Thursday, October 10, at 12:30 PM (UTC), something that could stir volatility in financial markets. Lower inflation would imply … Read more
Saving in dollars (USD) has never been the best option, considering that other financial assets offer greater profitability despite their risk. However, this particularity has greater relevance with the current macroeconomic environment, according to a report from the JP Morgan bank, made by Kenneth Datta, global investment strategist. “Holding cash during an interest rate cut … Read more
The bitcoins, estimated at USD 4.4 billion, are claimed by the firm Battle Born Investments. The firm had appealed to the US Supreme Court in order to recover the BTC. At the start of its annual session, the Supreme Court of Justice, the highest court in the United States, refused to review an appeal related … Read more
The platform believes that the SEC has expanded its jurisdiction beyond legal limits. “We seek to stop the SEC’s illegal actions that exceed its authority and violate the law,” they say. This Tuesday, October 8, Crypto.com filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking to protect the future of the … Read more