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Ripple’s Top Lawyer Takes Dig at Leading Candidate to Replace Gensler
Stuart Alderoty, chief legal officer at enterprise blockchain company Ripple, recently took a not-so-veiled dig at former SEC General Counsel Bob Stebbins.
This comes after Stebbins recently emerged as one of the top picks to replace SEC Chair Gary Gensler.
In his post, Alderoty pointed to the fact that Stebbins was involved in crafting the now-infamous Ethereum speech, which recognized the second-largest cryptocurrency as a non-security back in 2018.
XRP, the sixth-largest cryptocurrency by market capitalization, has been hovering around $1 over the weekend, creating a sense of anticipation on the market.
Over the weekend, XRP soared to a three-year high of $1.263, with futures bets reaching new highs. On Sunday, open interest in XRP derivatives reached $2 billion, with investors wagering on increased volatility in the XRP price. The increase is being driven by optimism about easing regulatory headwinds.
Dogecoin Developer Issues Crucial Warning to Community
In a significant development, a prominentDogecoin (DOGE) developer has sounded an alarm to Dogecoin enthusiasts. The warning centers on Dogechain.info, a widely used Dogecoin wallet platform that recently shut down operations due to bankruptcy.
Major Dogecoin wallet era comes to end
The platform's closure has caused an uproar in the community, as users raised concerns about how to secure their private keys. In arecent X post, the developer urged the community to secure their funds immediately
A new week has started with ongoing bulls' dominance, according to CoinMarketCap.
SOL/USD
The rate of Solana (SOL) has risen by 3.82% over the last 24 hours.
Despite today's growth, the price of SOL has not yet fixed above yesterday's peak. Thus, if today's bar closes with a long wick, bears may seize the initiative, which may lead to a correction to the $225-$230 range.
SOL is trading at $243.32 at press time.
BNB/USD
Unlike SOL, the price of Binance Coin (BNB) has dropped by 0.67% since
Binance Set to List Six New USDC Trading Pairs, Here Are Crypto Tickers
Binance, one of the world's leading cryptocurrency exchanges, is set to expand its trading options by listing new USDC trading pairs on the Binance Margin platform. This decision is part of Binance's continued efforts to provide its users with more trading options and increase liquidity on its platform.
In a new announcement, Binance said it has added new USDC trading pairs on cross and isolated margin.Three trading pairs, ACT/USDC, NEIRO/USDC and PNUT/USDC, will launch on the Binance cross mar
XRP Soars to Historic $1 Milestone, Satoshi-Era Whale Moves 2,000 BTC After 14 Years of Dormancy,...
U.Today has prepared a summary of the top three news stories over the weekend; check it out!
XRP price hits $1 historic milestone
Nov. 16 was widely celebrated among the XRP community as, on that day, Ripple-affiliated token XRP had reacheda major price milestone of $1. Additionally, its market cap saw a 26.76% surge to $57.98 billion, and the trading volume reached $13.13 billion. Analysts suggest that the current price trajectory mirrors XRP’s performance in 2017, when it reached an all-time
XRP Hits 2021 High on Google Trends as Price Cannot Stop Growing
The popular cryptocurrencyXRP and its price have been keeping up with the news headlines in recent days. This is not surprising considering that the price of XRP has reached $1.2698, according toBinance, where it has not been since November 2021.
In just over seven days, the cryptocurrency has doubled in price, with XRP being a $30 billion market capitalization asset even before the pump.
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Many attribute this unexpected rally by the oldtimer of the crypto market to the colossal undervalua
Shiba Inu (SHIB) Whales' Strategy Revealed: Here's What Major Investors Are Doing Right...
After the price of the popular meme-inspired cryptocurrencyShiba Inu (SHIB) rose by more than 80% in a week, many crypto market participants began to wonder — what's actually next?
While no one can give an exact answer to such a question, due to the chaotic and unpredictable nature of the environment surrounding cryptocurrency, we can try to dig up some guidelines in this murky water. For example, data on the actions of the largest investors, often referred to as whales, can provide somewhat of
Major Sign of Distress Spotted in Cardano (ADA) Rally
Cardano (ADA) has featured prominently in the ongoing bull market rally, with its price hitting $0.8117, its highest level in more than 52 weeks. While the coin has more prospects for growth, some on-chain trends have spotlighted some emerging trends that might derail growth.
Cardano whales falter
According to data from IntoTheBlock, the Cardano whale transactions have slipped considerably in the past 24 hours. The price dropped by 31.66% during this period, bringing the volume traded to $19.1
The Ethereum ecosystem is clearly at a turning point when examining the larger picture and a price chart provided below. Let's examine the ongoing discussion surrounding the rollup model and its relationship to Ethereum's price patterns.
The function of based rollups in Ethereum's scaling roadmap is a topic of debate among Vitalik Buterin and other Ethereum community members. Security, interoperability and scalability are the three main problems that rollups are supposed to address simultaneous
Cardano Forms First 2024 Golden Cross, What's Next?
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, recently completed its first golden cross of 2024.
The golden cross occurs when a short-term moving average (usually the 50 SMA) crosses above a long-term moving average (often the 200 SMA) and is seen as a bullish signal, indicating potential upward momentum for the cryptocurrency.
In the case of Cardano, the 50-day moving average has crossed above the 200-day moving average, confirming a golden cross, indicating that t
Ripple Accelerates Stablecoin Launch With RLUSD Transfers to Unknown Ethereum Wallets
Ripple's RLUSD stablecoin saga continues. Just yesterday, U.Today reported that tens of millions of tokens had been burned on the Ethereum and XRP Ledger networks when, today, the San Francisco-based crypto company began moving the remainder of Ripple USD to unknown wallets on the Ethereum network.
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According to theRipple Stablecoin Tracker, RLUSD transfers were seen earlier today on previously unknown Ethereum addresses in bundles of 31,500 tokens on average. In total, there were four suc
MicroStrategy Announces Insanely Big Bitcoin Purchase
Business intelligence firm MicroStrategypurchased a whopping $4.6 billion worth of Bitcoin within a single week.
The publicly listed company added 51,780 BTC to its coffers at an average price of $88,627 per Bitcoin.
MicroStrategy's total holdings have now ballooned to 331,200 BTC (roughly $29.7 billion at current prices).
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Vetle Lunde of K33 Research has noted that the number of coins added by MicroStrategy over the past week has doubled the global BTC ETP inflow over the same period of
Cardano Skyrockets 3,400% in Fund Inflows as ADA Price Goes Parabolic
Last week, inflows into investment products tied to the popularCardano (ADA) cryptocurrency rose more than 3,400% year-over-year, according to a weekly report fromCoinShares. Thus, while, as of Nov. 8, inflows into exchange-traded products tied to the ADA token amounted to a lot of nothing, $100,000; in the following seven-day period, that figure was already $3.4 million.
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As a result, Cardano ETPs for a month and a half before the end of the year demonstrate positive net inflows of $15 mi
Pro-XRP Lawyer John Deaton Issues Major Call on Next SEC Chair
John Deaton, a crypto lawyer and XRP advocate, hasanalyzed the suitability of likely candidates to replace Gary Gensler as Chair of the U.S. Securities and Exchange Commission (SEC). Deaton’s selection zeroes in on Brad Bondi, Global Co-Chair of Investigations and White Collar Defense at law firm Paul Hastings.
Why Brad Bondi is Deaton’s choice
The pro-XRP lawyer’s choice comes as speculation has gripped the broader cryptocurrency space about Gensler’s possible voluntary stepping down.
Satoshi Nakamoto Published Oldest Known BTC Code on This Date 16 Years Ago: Details
Sixteen years ago, on Nov. 17, 2008, a pivotal moment in the history of Bitcoin was marked. According to Bitcoin historian Pete Rizzo, this date marks the release of the oldest known version of the Bitcoin code.
Satoshi Nakamoto, Bitcoin's pseudonymous creator, had already outlined the cryptocurrency's groundbreaking concept in its whitepaper a month earlier. However, this release of the original Bitcoin code marked the beginning of its evolution from a mere idea to a functional reality.
Shiba Inu (SHIB) Finally Breaks out From Downtrend
Current price movement and on-chain metrics indicate that Shiba Inu is showing encouraging signs of emerging from its protracted downtrend. Following months of consolidation, SHIB is currently trading close to a crucial resistance level at $0.000025, which could pave the way for a bigger upswing.
The 50-day and 200-day exponential moving averages (EMAs), which are frequently regarded as bullish signals, are among the important EMAs that SHIB has successfully broken above on the daily price char
Shiba Inu (SHIB) Burn Rate Jumps 6,223% as Price Recovers
The broader digital currency ecosystem has increased the combined market cap to $3.09 trillion, with Shiba Inu (SHIB) joining the rally. The revival in the price of the meme coin coincides with a mega uptick in its burn rate. At the time of writing,data from Shibburn pegs the burn rate at 6,223% in the past 24 hours, with 290,321 SHIB torched.
Shiba Inu and push for new ATH
Amid this ongoing bull cycle, many meme coins have retested their all-time highs (ATHs). However, Shiba Inu is lagging in