Ripple faces securities suit in California over CEO's ‘misleading statement’
Judge Phyllis Hamilton found XRP could be a security when sold to retail and gave the go-ahead to a class-action lawsuit over statements from Ripple CEO Brad Garlinghouse.
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Top Spanish Banks Finalize Trial of Payments Using Smart Contracts
Five major Spanish banking institutions have completed a proof-of-concept for payments using smart contracts. 1082 Total views 28 Total shares Multinational banking giant Banco Santander and four Spanish banks have successfully finalized a proof-of-concept for payments using smart contracts.The PoC was coordinated with IberPay, the company that oversees the Spanish Payment System.Trial confirms blockchain’s feasibility…

Bitcoin Holds Above $6,000 While Industry Figures Warn Over ETF ‘Benefits’
Bitcoin (BTC) prices are up around .05 percent on Thursday, August 16, bringing the leading cryptocurrency solidly back over $6,000 after a market fall that had seen BTC dip below that psychological price point on August 14. Market visualization from Coin360 Data from Cointelegraph’s price tracker shows overall 2.5 percent monthly gains for Bitcoin as…

Bitcoin bull trap? 3 indicators that predict BTC price falling to $24K–27K this year
Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd.The independent market analyst published a thread on Feb. 14, explaining why Bitcoin's ongoing price recovery — from below $33,000 on Jan. 24 to around $42,000 on Feb. 14…

Digital decentralization is just the beginning. The real world will follow
Decentralization is not a luxury; it is a necessity. In a prescient article in The Atlantic back in 2012, science fiction writer Bruce Sterling referred to the likes of Amazon, Facebook and Google as “The Stacks,” predicting the insidious power grab that has happened in the last decade. As the giant tech companies consume more…

US federal agencies release joint statement on crypto asset risks and safe practices
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks. 224 Total views 12 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTUnited States federal bank regulatory agencies…

Franklin Templeton files for Bitcoin spot ETF
Several prominent financial institutions have filed for a spot Bitcoin product in recent months. 61 Total views 7 Total shares Asset manager Franklin Templeton applied to the United States Securities and Exchange Commission (SEC) on Sept. 12 to launch a Bitcoin (BTC) spot exchange traded fund (ETF). The application comes after the SEC delayed decisions

3 trends to think about before Bitcoin's bull run resumes
The market is down, but the bull run isn't over. When it resumes running upward, some things are going to run a little more than others.

Crypto exchanges in India still struggling to secure banking partners
India’s crypto exchanges continue to cope with the burden of limited access to banking services. Commercial banks in India are reportedly reluctant to do business with crypto exchanges in the country.According to Reuters on Thursday, crypto trading platforms in India are still finding it difficult to open accounts with financial institutions. While there is no crypto…