February 2024 | Page 19 of 122 | Last Cryptocurrency News Feed

Ripple v. SEC Lawsuit Update Feb. 27 (and More)

TL;DR Ripple is sued in a class action for allegedly selling its XRP token without required legal registrations, with a trial set for October 2024. The firm is also fighting the SEC in court over claims it conducted an unregistered $1.3 billion securities offering. Fighting on a Second Front According to a recent notice, Ripple

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Why is the Ripple (XRP) Price Up Today?

After buyers confirmed the support at 54 cents, XRP returned on an uptrend. In the following, we take a look at a few technical indicators that might provide some insights into why the XRP price is up today. Key Support levels: $0.54 Key Resistance levels: $0.60, $0.68 1. Buyers Successfully Defend Key Support This past

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Its Been a Blast: TVL Tops $2 Billion as Mainnet Approaches

On Feb. 27, the Blast team announced that the ecosystem had reached $2 billion in total value locked. It added that 157,638 community members are now earning yields and ‘Blast Points.’ The TVL milestone is remarkable because Blast doesn’t actually launch on mainnet until February 29. Blast has reached $2 Billion in TVL. 157,638 community members

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3 Things to Look in Ethereum After the ETH Price Broke Above $3.2K

After Ethereum broke above $3,000 the price appears unstoppable. In the following, we take a look at a few technical indicators that might provide some insights into why the ETH price made a new yearly high. Key Support levels: $2,860 Key Resistance levels: $3,340 1. New Yearly High The ETH rally is not stopping. The

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Bitcoin Topped $57K, Ethereum Surpasses $3.2K: Details

Bitcoin (BTC) has surged above $56K. This was an all-time high achieved over three years ago, on February 20, 2021. The last time BTC was at these levels was in November of the same year. Monday 26th has been one of the most intense days for the crypto industry, with the two leading assets, BTC

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Chart Expert Peter Brandt Raises Bitcoin’s 2025 Target to $200K on Channel Breakout

Veteran analyst and CEO of Factor LLC, Peter Brandt, foresees bitcoin rallying as high as $200,000 by September 2025.Other studies, including those based on previous halving cycles and technical analysis indicators like the Bollinger bandwidth, suggest near-vertical price rallies ahead.Peter Brandt, an analyst with over four decades of experience tracking markets, expects the ongoing bitcoin

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Will the SEC Mirror Bitcoin’s ETF Approval Timeline for Ethereum? Experts Weigh In

According to attorney Scott Johnsson, the U.S. Securities and Exchange Commission (SEC) may greenlight an Ethereum (ETH) spot ETF as soon as May 2024. Johnsson estimates that approval could be expected by mid-2025 if this timeline is unmet. Spot Ethereum ETF Approval May Follow BTC’s Timeline In his post on X, Johnsson highlighted the SEC’s

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Bitcoin Shorts Lose $150M As BTC Poised for ‘Tremendous Upside’

Bitcoin’s price rally has shaken out leveraged bearish bets.Analysts said the cryptocurrency is a new bull market and poised to rally ahead of the impending mining reward halving.Leveraged bets against bitcoin (BTC) lost over $150 million in the past 24 hours as prices rallied 10% for the biggest daily gain since October, spurring calls for

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Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders

A spike in bitcoin funding rates suggests the leverage is skewed on the bullish side.One observer said elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.There seems to be no stopping the bitcoin freight train. That’s driving the cost of holding leveraged bullish bets in perpetual futures skywards, creating an attractive arbitrage opportunity

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HTX Withdraws Hong Kong Crypto Exchange Application

The Hong Kong-based subsidiary of HTX, formerly known as Huobi, has withdrawn its application for a virtual asset trading license, according to a notice on the Securities and Futures Commission website.The SFC's website shows that HTX withdrew its application three days after it was submitted.(Hong Kong Securities and Futures Commission)Last June, CoinDesk reported that Justin