Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
3rdeyeofcrypto
--
Follow
Gm☀️
Say it back
Give a Tip
0 people tipped the creator.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
See T&Cs.
5.6k
0
Replies
1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
3rdeyeofcrypto
@motec
Follow
Explore More From Creator
$BTC Gap filling on the way !
--
Predict Neeraj Chopra's throw distance and win 10$ if he wins gold Make sure you follow us !
--
Ripple Ordered to Pay $125 Million Fine, XRP Price Surges 17% After Ruling In a landmark decision, a U.S. federal court has ordered Ripple to pay a $125 million fine, bringing an end to the company's prolonged legal battle with the Securities and Exchange Commission (SEC). The ruling, delivered by Judge Analisa Torres, significantly reduces the SEC’s original demand of $2 billion, marking a substantial victory for Ripple. The court found that while certain institutional sales by Ripple violated securities laws, it did not classify all XRP transactions as securities offerings. This nuanced ruling has been met with a mix of relief and celebration within the Ripple community. Following the court’s decision, Ripple’s CEO, Brad Garlinghouse, took to social media to express his satisfaction, framing the outcome as a victory not just for Ripple, but for the broader cryptocurrency industry and the rule of law. Garlinghouse emphasized that the court’s decision to slash the SEC’s demand by 94% was a recognition that the regulatory body had overreached. He also reiterated Ripple’s commitment to respecting the court's order to avoid future securities law violations. The ruling had an immediate positive impact on the price of XRP, which surged by 17% in the hours following the announcement, jumping from $0.4942 to $0.6035. This price surge reflects investor confidence in Ripple’s legal position and the market’s relief at the reduced penalty. The case, which has been closely watched by the entire crypto industry, may set a precedent for how regulators approach digital assets in the future. 4o
--
Metaplanet Secures ¥1 Billion Loan to Boost Bitcoin Holdings💥 Japanese investment firm Metaplanet has secured a ¥1 billion ($6.8 million) loan from shareholder MMXX Ventures at a remarkably low 0.1% annual interest rate with a six-month repayment term to further increase its Bitcoin holdings. This move follows the firm's recent announcement of a $70 million stock rights offering, with $58 million specifically earmarked for Bitcoin investments. Metaplanet, which currently holds 246 Bitcoin, could potentially acquire an additional 118.6 Bitcoin at current market prices. CEO Simon Gerovich, speaking at the Bitcoin 2024 conference, highlighted the firm's strategic shift towards Bitcoin due to concerns over Japan's escalating debt and the weakening yen. He also shared that Metaplanet had previously been a struggling "zombie" company but has since transformed its balance sheet through its bold Bitcoin-focused strategy.
--
$BTC following our update ! follow for next bitcoin update
--
Latest News
Solana Platform Pump.fun Introduces Free Token Creation
--
Tether Plans To Maintain Lean Workforce Amid Expansion
--
Solana Meme Coin FWOG Surges Over 85% in 24 Hours
--
Hyperlane Foundation Launches HYPE Token to Empower Network Users
--
Cryptocurrency Market Cap Reaches $2.24 Trillion With 9.9% Increase In 24 Hours
--
View More
Sitemap
Cookie Preferences
Platform T&Cs