Price analysis 9/6: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

September 6, 2024 Coin Telegraph

Avalanche

Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.

Bitcoin (BTC) has been in a sideways price action pattern for several months, but the bears are trying to seize control. The resolution of the large $55,724 to $73,777 range in favor of the sellers could start a downtrend.

Arthur Hayes, former CEO of crypto exchange BitMEX, has projected Bitcoin to fall below $50,000. A similar view was offered by veteran trader Peter Brandt, who has a target of $46,000 for Bitcoin.

Crypto market data daily view. Source: Coin360

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Judge Agrees To Delay $125,000,000 Penalty in SEC v. Ripple Lawsuit, Opening the Door to a Possible Appeal

September 6, 2024 The Daily Hodl

Judge Agrees To Delay 5,000,000 Penalty in SEC v. Ripple Lawsuit, Opening the Door to a Possible Appeal

Daily Hodl

A judge has agreed to delay enforcing the $125 million civil penalty imposed on Ripple, cracking open the door for a potential appeal in the payment firm’s longstanding legal battle with the U.S. Securities and Exchange Commission (SEC). On Thursday, District Judge Analisa Torres ordered a stay on the monetary portion of the case’s final […]

The post Judge Agrees To Delay $125,000,000 Penalty in SEC v. Ripple Lawsuit, Opening the Door to a Possible Appeal appeared first on The Daily Hodl.

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Hedera, IOHK join DeRec Alliance as final founding members

September 5, 2024 Coin Telegraph

Algorand

Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards.

Cardano’s development arm, Input Output (IOHK), and Hedera, a decentralized public network, have joined the Decentralized Recovery Alliance (DeRec Alliance) as founding members.

According to a press release shared with Cointelegraph, the two entities join Algorand Foundation, Hashgraph, Ripple and XRPL Labs to lead the security and trust Web3 initiative.

Cardano and Hedera will serve on the Technical Oversight Committee for the next two years, helping shape policies and standards to facilitate crypto recovery and simplify user experience.

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Ripple and SEC agree to stay $125M judgment, hinting at appeal

September 4, 2024 Coin Telegraph

Ripple and SEC agree to stay 5M judgment, hinting at appeal

Coin Telegraph

Though the SEC may choose not to appeal the Aug. 7 decision, Ripple’s lawyers requested that 111% of the monetary judgment be placed into a bank account to obtain a stay.

The legal team defending Ripple Labs against a case filed by the United States Securities and Exchange Commission (SEC) has requested to stay the monetary portion of an Aug. 7 judgment requiring the firm to pay $125 million.

In a Sept. 4 filing in the US District Court for the Southern District of New York, Ripple’s lawyers said the SEC had agreed to a request to delay payment of the judgment after Sept. 6. The legal team proposed that Ripple place 111% of the judgment amount — roughly $139 million — into a bank account until 30 days “after the time to appeal expires or the resolution of any appeal.”

Source: SDNY

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Ripple Chief Legal Officer Blasts SEC, Says Regulator Fabricated ‘Crypto Asset Security’ Term

September 4, 2024 The Daily Hodl

Daily Hodl

Ripple’s chief legal officer has accused the U.S. Securities and Exchange Commission (SEC) of fabricating the term “crypto asset security.” Ripple CLO Stuart Alderoty says the term has no legal basis and “is nowhere to be found in any statute.” “The SEC needs to stop trying to deceive judges by using it.” The SEC has […]

The post Ripple Chief Legal Officer Blasts SEC, Says Regulator Fabricated ‘Crypto Asset Security’ Term appeared first on The Daily Hodl.

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Yonsei University Joins Ripple’s UBRI to Advance Blockchain Research in South Korea

September 3, 2024 Bitcoin.com

bitcoin.com

Yonsei University in South Korea has joined Ripple’s University Blockchain Research Initiative (UBRI), becoming the 58th global partner and the 12th in the Asia Pacific region. This partnership aims to drive innovation in blockchain research across various disciplines, including artificial intelligence, finance, information systems, and management. Supported by Ripple’s funding and resources, Yonsei University will […]

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Finder’s Experts Forecast Potential Surge in XRP Price

August 28, 2024 Bitcoin.com

Altcoins

Financial comparison platform Finder has updated its XRP price prediction for 2024 based on input from a panel of fintech experts. The panel’s average prediction for XRP is $0.66 this year, with the forecast suggesting it could rise to $1.05 by the end of 2025 and reach $2.49 by 2030, driven by its role in […]

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Ripple, Kraken Legal Chiefs Weigh in on Court Decision in SEC’s Crypto Securities Lawsuit

August 25, 2024 Bitcoin.com

bitcoin.com

The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s recent decision in the U.S. Securities and Exchange Commission’s lawsuit against Kraken. “Another court, this time in the Kraken case, confirms there’s no such thing as a ‘crypto asset security.’ Bad news for the […]

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

XRP Has the Potential To Surge Higher, Says Crypto Analyst Jason Pizzino – But There’s a Catch

August 23, 2024 The Daily Hodl

Daily Hodl

A closely followed crypto analyst is saying that XRP is showing potential for a massive breakout. In a new video update, crypto strategist Jason Pizzino tells his 332,000 YouTube subscribers that XRP, the token used to operate Ripple Labs’ payments platform, could soar to as high as $3. However, the analyst warns that XRP is […]

The post XRP Has the Potential To Surge Higher, Says Crypto Analyst Jason Pizzino – But There’s a Catch appeared first on The Daily Hodl.

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections

August 22, 2024 Bitcoin.com

Report: Crypto Industry Spends Record 9 Million in 2024 Federal Elections

bitcoin.com

The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of the cryptocurrency sector in influencing U.S. politics today. Crypto Industry Dominates 2024 […]

Ripple

Share this video