Cryptocurrency News TheBitTimes.com

District Judge Analisa Torres recently denied the U.S. Securities and Exchange Commission’s (SEC) appeal request against Ripple, which uses XRP in one of its solutions.  The judge stated that the SEC didn’t provide sufficient evidence to prove a case. Following this ruling, XRP rose 5%. However, this doesn’t mean the end of the SEC’s engagement, and a trial is still pending for April 2024.  In her previous ruling, Judge Torres had found Ripple guilty of breaching securities laws while selling XRP to institutional investors but not to retail customers.  This ruling has raised questions regarding the extent to which regulators can oversee the crypto sector. The SEC and Ripple are yet to release official statements regarding the recent decision. XRP is volatile: a closer look While Ripple may have celebrated a legal victory, XRP forecasts remain clouded. Just as the market saw XRP rise from the ashes with a billion-dollar liquidation, there’s ...

Cosmos (ATOM) has gained popularity since the Cosmoverse 2023 event began, with 1,600 attendees signed up. Mantle (MNT) also launched its mainnet in July, and MNT has been trending upwards.  Tradecurve Markets (TCRV) is an exchange aiming to shape the decentralized finance (defi) scene with its unique hybrid approach. TCRV prices are up 200% since the first phase of the crowdfunding event. Supporters expect more growth going forward. Summary Mantle to surge to $0.65 by the end of 2023 Cosmos can climb to $10.83 by the end of Q4 Tradecurve Markets to spike 40x Mantle can roar to $0.65 Mantle’s mainnet went live on July 17, 2023, following six months of development and testing. Since then, MNT prices have been firm.  You might also like: Mantle blocks FTX from converting $43m in BIT tokens to MNT Mantle has a market cap of $1,333,643,824, making it the 35th largest cryptocurrency. Its trading volume is $35,162,383.  However, it pulled back last week, t...

Crypto.com, a crypto exchange, recently launched PYUSD pairs, including XRP’s. This move could further widen the platform’s reach and help it establish a foothold in the industry. Meanwhile, the artificial intelligence (AI) driven QUBE, the native token of InQubeta, has been on the rise. Let’s delve deeper into both developments. Crypto.com introduces PYUSD pairs In a Sep. 28 announcement, Crypto.com said it will list new PYUSD pairs.  Crypto.com, PayPal, and Paxos partnered to introduce new trading pairs on the Crypto.com platform. This collaboration reinforces Crypto.com’s position for those seeking depth in PYUSD trading activities. The announcement also brings a fresh PYUSD trading channel for XRP trading, allowing both beginner and professional traders to leverage the benefits of trading XRP on the Crypto.com interface. Other coins, such as Dogecoin (DOGE), Solana (SOL), and USDT, have also found their match in PYUSD trading pairs...

Blockchain and crypto projects constantly evolve. Amid this change, Cardano has emerged as one of the top smart contract platforms. Meanwhile, ahead of Polkadot’s upgrade , Everlodge plans to reshape real estate ownership . Cardano smart contracts development surges  Cardano is a development hub and has grown since adopting smart contracts.  In the latest report, Cardano outperformed layer-2 networks with a development score increase from 454 to 559 in the last two months.  You might also like: Chainlink CCIP deploys on Base, an Ethereum layer-2 The global smart contract development activity boost is part of Cardano’s plan to regain market share.  Despite this growth, ADA is struggling and remains below the $0.30 resistance level. However, analysts expect growth in the coming sessions. Polkadot focuses on scalability Polkadot is a multichain protocol and plans to scale further to make it more efficient for developers.  Asynchronous...

The crypto market is currently stable. Meanwhile, investors and traders are keen on THORChain (RUNE), Hedera (HBAR), and Kangamoon (KANG). Summary: THORChain is bullish and trading above all the daily moving averages. Hedera’s trading volume surged 289.70% in the past 24 hours. Crypto analysts are bullish on Kangamoon in the ongoing presale. THORChain is bullish THORChain is an interoperable and decentralized liquidity network enabling coss-chain swapping.  RUNE prices have been steadily rising in the past two weeks, driving trading volume s higher. You might also like: THORChain (RUNE) gains 48% in one week From technical indicators, RUNE is trading above all daily moving averages, a bullish signal. Analysts predict the token to continue rising, hitting $2 or $3 in the days ahead. Hedera unveils stablecoin studio Hedera Hashgraph has launched Stablecoin Studio, a platform that simplifies stablecoin creation without requiring specialized blockchain kno...

This year has brought about changes in the global economy and regulations for virtual assets. Even so, the crypto industry is still progressing by introducing new product s that meet the demands of users and the community. One of these new developments is real-world asset (RWA) tokenization, which can offer a fresh opportunity for value capture. You might also like: SEC accuses Binance US of hampering securities violation probe As this wave gains momentum, native decentralized finance (defi) protocols like MakerDAO and Aave are actively moving to embrace RWA.  BNB.WIN recently launched its first RWA product,  BNB.WIN . After monitoring their performance for several weeks, many are questioning the true value of BNB.WIN and similar product s. Is BNB.WIN safe? BNB.WIN is a rebasing RWA protocol on the BNB Chain, a smart contract platform.  The process involves staking BNB to mint BNB tokens at a 1:1 ratio. BNB staked are pegged to real-world assets. Rewards...

The meme coin market remains under pressure, looking at performance in the past 24 hours. The top-5 most liquid meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), BONE, and Floki Inu (FLOKI), are down 17%, 15.7%, 10.7%, 24.2%, and 17.34%, respectively. Memecoins in the red. Source: Coinmarketcap Coingecko data shows that most of these coins have been on the receiving end, posting losses. Some of them, including DOGE, SHIB, and BONE, edged higher until seven days ago. Meanwhile, others like FLOKI and PEPE have been falling in the past weeks. You might also like: Shiba Inu devs unveil Shibarium scaling plans amid technical challenges Despite the drawdown across the board, a few are firm. Some, including HarryPotterObamaSonic10Inu (ERC-20), HarryPotterObamaPacMan8Inu, Shibarium Token, and CAT, are up, rising 56.52%, 79.98%, 1290.31%, and 448%, with the last 2 being new launches. Shibarium Token price charts. Source: Coinmarketcap Shibarium is now trading at $0.02 aft...

Tether (USDT) is a stablecoin that has gained popularity in the cryptocurrency market due to its stability and flexibility. It is pegged to the US dollar, ensuring its value remains constant despite market fluctuations.  USDT is widely used for transactions within the crypto ecosystem, and its popularity has led to an increase in investors exploring upcoming projects like Borroe. This trend indicates a positive sentiment in the market. More USDT holders exploring Borroe and ROE There has been a recent increase in interest among investors in Borroe’s native token, ROE, with many USDT holders appearing to direct their investments toward it.  Borroe is decentralized and utilizes non-fungible tokens (NFTs) and artificial intelligence (AI) to create a unique AI-powered NFT marketplace. This combination can present a new avenue for growth, especially considering that the NFT market is becoming more popular. You might also like: Borroe, Cardano, and Polkadot aiming to...

The competition between nation-states to attract crypto talent and capital has been one of the most surprising emergent trends throughout the bear market.  The UAE has rapidly drawn investors and startups, Hong Kong is not far behind, and even the United States pivoted away from its aggressive approach, primarily orchestrated by the Chair of the Securities and Exchange Commission (SEC), Gary Gensler.  Europe passed Markets in Crypto Assets (MiCA), and a US judge’s recent seminal ruling turned sentiment on altcoins bullish practically overnight.  These crypto regulation breakthroughs have supported altcoins, and Polkadot (DOT), Filecoin (FIL), and  DigiToads ( TOADS )  are firm. DigiToads  meme utility hybrid  DigiToads benefits from the increasingly lucid crypto regulation and enjoys a privileged status along with other ERC-20 tokens.  New decentralized finance (defi) and old projects have always existed outside of the regulator...

While Cardano supporters are bullish, recent withdrawals of Bitcoin Cash by whales could slow down their uptrend . Because of these concerns, some investors are exploring Borroe and examining the platform’s scalability and real-world utility. Whales withdraw $27.5 million of Bitcoin Cash In June, Bitcoin Cash rallied after the United States Securities and Exchange Commission (SEC) alleged that several altcoins were unregistered securities. However, over the last seven days, Bitcoin Cash has dropped by 11.19% and is currently trading at $250.87. You might also like: Bitcoin cash (BCH) surges 166.3% over past 2 weeks Analysts attribute the decline to Ripple’s recent victory over the SEC, leading institutional investors to favor proof-of-stake (PoS) protocols over proof-of-work (PoW) protocols like Bitcoin Cash. As a result, Bitcoin Cash bears predict that prices may dip below $240 in the near future.  The situation is worsened by whales who hav...

Lately, there has been a lot of uncertainty around regulations which has negatively impacted the cryptocurrency market. As a result, ethereum (ETH), the top alternative cryptocurrency, has decreased in value and fallen below the $1,750 threshold. This drop is part of a broader bearish trend that has affected the crypto market over the past week. However, amid this challenging market environment, some tokens have defied the odds and shown bullish potential. Among them are Trust Wallet Token (TWT) and InQubeta, which have caught the attention of crypto analysts. Let’s explore these tokens and why they are poised for growth. Trust Wallet Token: inching toward $1 Trust Wallet Token (TWT) has been gaining traction in the crypto market, trading around $0.94 and inching closer to the $1 mark. TWT is the native cryptocurrency of Trust Wallet. This mobile wallet provides secure storage and management of various cryptocurrencies. You might also like: Crypto revolution: early bi...

The cryptocurrency exchange, Coinbase, has been accused by the Securities and Exchange Commission (SEC) of violating federal securities laws.  This news has caused uncertainty within the community, especially since a similar lawsuit was filed against Binance the day before. The news has impacted the market, with COIN share prices dropping by 20% in pre-market trading. Among the tokens implicated in the lawsuit was Axie Infinity, a play-to-earn platform currently under pressure and selling off. You might also like: Cryptocurrency safe havens: digitoads, ethereum, and bitcoin This shift in investor sentiment is why investors, gamers, stakers, and traders are examining DigiToads (TOADS), a meme coin with utility.  The reasons for this shift in attention away from Axie Infinity and towards DigiToads are being explored. >> Buy DigiToads now <<  Axie Infinity dips Axie Infinity, a play-to-earn game modeled along the lines of Pokémon, is popular in the blockcha...