TL;DR The unpredictability of the cryptocurrency market strikes again as Ripple’s native token just proved a few analysts wrong with a massive surge. This came less than a week after predictions about a price dip to and below $2.4. Analysts Get it Wrong Recall that just a few days ago, CryptoPotato cited several metrics posted…
Around 35,000 Bitcoin options contracts will expire on Friday, August 8, and they have a notional value of roughly $4.1 billion. This expiry event is smaller than last week’s, so it is unlikely to be enough to influence spot markets, which have started to recover following news in the US that Donald Trump has allowed…
A new court filing on August 7 from the US Securities and Exchange Commission and Ripple Labs stated that both parties have agreed to dismiss their appeals. The move has brought official closure to one of the longest-drawn-out and most closely observed crypto lawsuits in history. In the joint stipulation of dismissal filed with the…
As the US Congress continues to work on crypto-related legislation, some industry leaders disagree on which version of the market structure bill will provide the much-needed clarity to the sector. Paradigm Champions Senate’s Crypto Bill On Thursday, several industry players discussed the differences between the US Congress’s versions of one of the landmark crypto bills….
India’s Income Tax Department has intensified its efforts to curb tax evasion in the cryptocurrency sector, sending more than 44,000 notices to traders who failed to disclose their virtual digital asset (VDA) transactions in their income tax returns. Indian Tax Watchdog Ups The Ante In a recent session of the Rajya Sabha (Upper House of…
US President Donald Trump is preparing to sign an executive order this Thursday that could shake up how Americans invest for retirement. The move would allow 401(k) plans to include a wider range of assets — like private equity, real estate, and yes, even cryptocurrency. The order, as reported by Bloomberg News, tells the Labor…
Galaxy Digital’s head of research Alex Thorn ignited a fresh debate over Ethereum’s roll-up economy on Wednesday, accusing leading Layer-2 networks of siphoning value from the main chain while leaving ETH holders with “pennies.” In a widely shared thread on X, Thorn argued that “after all these years, the ethereum community is apparently fine that…
Ethereum (ETH) is flashing technical patterns unseen since its last bull market peak, fueling bold $5,000 price predictions among top analysts. Amidst a slight weekly pullback, signs of underlying strength have emerged, with increasing on-chain activity and significant institutional buying setting the stage for a potential major breakout if key resistance levels crumble. Technical Crosscurrents…
XRP is trading steadily around the $3 mark as the crypto community awaits a key SEC decision regarding Ripple’s appeal withdrawal. If the U.S. Securities and Exchange Commission confirms the withdrawal, analysts predict XRP could break through its immediate resistance at $3.30 and move toward $3.50, with bullish momentum potentially pushing the token as high…
$SOL could be on the verge of exceeding $255, according to technical analyst Mary Emerald. Suppose that happens, not only would it mean $SOL has more than doubled in price, but it’d likely boost user activity across the entire Solana ecosystem. One standout project poised to benefit is Snorter Token (SNORT) – the linchpin of…