In a concerted effort to capitalize on a weakened industry, TradFi giants such as Blackrock, Citadel, and Deutsche Bank are seizing opportunities in the crypto market this week. The 2021 bull market brought mainstream attention to cryptocurrencies, leading to a shift in perception among skeptics. However, the latecomers now aim to strike when the market […]

In this declining market, it’s rare for a cryptocurrency to post a 2x return. But Stacks (STX) achieved this in June, thanks to some favorable events. The smart contract platform is closely associated with Bitcoin (BTC), yet many investors see Stacks as a better option for their pocket.  Meanwhile, you may wonder where to invest […]

Cronos recently announced joining hands with Caldera for blockchain scalability. The network will use its rollup technology to reach scalability. The partnership was announced on the official Twitter handle of Cronos.  According to the tweet, Cronos has finally released its rollup deployment technology on the mainnet. Thus, the on-demand optimistic L2 rollups are available to […]

Weak derivatives metrics, declining TVL and Dapps use, put Ethereum bears in a better position to keep ETH price below $2,000. Ether (ETH) price faced strong resistance at $1,920 after the 17.5% rally between June 15 and June 22. A number of factors contributed to the limited upside, including worsening macroeconomic conditions, the regulatory cryptocurrency […]

Digital assets, such as cryptocurrencies, could be classified under a new category of personal property, the Law Commission of England and Wales said in its final recommendation report to the government. The Law Commission, comprising lawyers, judges, and professors, set forth four specific recommendations in its report published on June 28. These related to legislation […]

Quick Take Eric Balchunas, Senior ETF Analyst for Bloomberg, has highlighted BITX as one of the most successful Bitcoin ETF launches of 2023. BITX is a leveraged Bitcoin Futures ETF that provides 2x exposure to BTC through futures contracts launched on June 27. On its first day, BITX saw a trading volume of $5.5 million […]

The post Top Crypto Lawyer Forecasts Updated Verdict Date for Ripple-SEC Case appeared first on Coinpedia Fintech News Renowned crypto attorney, John Deaton, recently addressed the crypto community’s impatience over the long-awaited Ripple-SEC case verdict. In an analysis of the case’s intricate proceedings, Deaton shed light on why the verdict may take longer than anticipated […]

The post Dogecoin Lawsuit Takes a Dramatic Turn: Plaintiffs Push for Ousting of Musk and Tesla Counsel  appeared first on Coinpedia Fintech News Elon Musk, CEO of Tesla, is currently embroiled in a legal dispute as lawyers representing plaintiffs in a class-action lawsuit alleging that Musk and Tesla misled Dogecoin investors, resulting in significant financial […]

The post BlockFi Creditors Take Legal Action, Push for Company Liquidation appeared first on Coinpedia Fintech News Creditors of crypto lender BlockFi have submitted a petition for the company’s liquidation, alleging misconduct by its management, including CEO Zac Prince. According to the creditors, BlockFi is deliberately delaying the resolution of bankruptcy proceedings to secure legal […]

The post LTC Price Analysis : Litecoin Price Likely to Break $100 Barrier Before August Halving appeared first on Coinpedia Fintech News The Litecoin (LTC) market remains one of the top-traded altcoins in the market with a 24-hour volume of about $756 million. Additionally, Litecoin’s open interest in the past 24 hours totaled a whopping […]