Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts

Bitcoin (BTC) and Ether (ETH) are empowering but gold is "dead," billionaire Mark Cuban has told one of cryptocurrency's biggest naysayers.In a Twitter debate on Mar. 2, Cuban, who has become increasingly sympathetic to crypto, warned Peter Schiff that gold "will die" as a store of value (SOV).Cuban to Schiff: "Gold is dead, move on"Schiff,…

Ethereum (ETH) core developers are considering implementing more frequent and smaller hard forks, according to the most recent bi-weekly meeting held on April 12.The question of time between hard forks — or network updates — was brought up by the meeting’s moderator, Tim Beiko, who referenced it as an ongoing topic of discussion. Another dev…

A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency (OCC). Omarova’s nomination as a bank regulator was initially opposed by three members of the Senate Banking Committee — Senators Jon Tester, Mark Warner, and Kyrsten Sinema — on a phone…

XRP’s market capitalization surged by more than $21 billion in just three hours. 429 Total views 2 Total shares Ripple (XRP) has now become the fourth largest cryptocurrency by market capitalization after Ripple Labs’ partial victory over the Securities and Exchange Commission (SEC) on July 13. Mere hours after the ruling, XRP market cap surged a whopping…

“Joseph Lubin is the majority shareholder of both companies. The transaction was to the detriment of the minority shareholders of CAG and to the benefit of Joseph Lubin personally,” the group alleged. 48 Total views 2 Total shares A group claiming to represent 35 former ConsenSys AG (CAG) employees has requested an audit under the…

U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10.State Farm is a large group of insurance and financial services firms that provides auto insurance in the U.S. The organization was ranked 38th on the 2018 Fortune 500 list…

Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%. 551 Total views 32 Total shares The Bitcoin (BTC) price was back on the offensive late Sunday, touching $50,000 for the first time since May and signaling that the bull market was fast approaching its second leg. The BTC price…

RIght on cue for April Fool's Day, Musk promises to "put a literal Dogecoin on the literal moon," but for hodlers, the resulting gains were anything but a joke. 3340 Total views 24 Total shares It may be an April Fool's prank, but when it comes to meme-based cryptocurrency Dogecoin (DOGE), it hardly matters.DOGE/USD 1-hour…

Telegram’s battle with the United States Securities and Exchange Commission became one of the most closely followed legal dramas of the crypto space in 2019. This was not only because it appeared to be the first time the Durov brothers’ relentless expansion faltered but also because the court case could have lasting implications for future…