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Friday was a fruitful day for XRP, with substantial gains recorded in response to the Securities and Exchange Commission's (SEC) decision to discontinue its lawsuit against Ripple's administrators. Previously, the SEC had accused CEO Brad Garlinghouse and chairman Chris Larsen of contravening securities regulations. Along with XRP, Solana also experienced a dramatic surge, registering a […]

The prospect of a Bitcoin exchange-traded fund (ETF) has been creating waves in recent times, contributing to the cryptocurrency's growing valuation. However, not everyone is on board with this development. Critics argue that a spot Bitcoin ETF could expose the cryptocurrency to vulnerabilities akin to those experienced in the gold and silver markets. They fear

The U.S Federal Reserve Chair, Jerome Powell, underscored his dedication to containing inflation during his speech at the Economic Club of New York. He emphasized that the central bank would continue to enforce a restrictive monetary policy until a significant decrease in prices is observed. Powell also suggested the possibility of further interest rate hikes

Prominent billionaire Jeffrey Gundlach, widely recognized as the "Bond King," has aired apprehensions over the potential risk to the U.S. dollar's reserve currency status stemming from the escalating national debt. Gundlach has cautioned, "The future of the U.S. dollar, and potentially rampant inflation, hinges on the management of budget and spending." Gundlach's Position and Influence

Bloomberg's team of economists has issued a stern warning, suggesting that an outright war between Iran and Israel could result in a worldwide economic downturn. With skyrocketing oil prices and plummeting risk assets, such a conflict would inflict a severe blow to global economic growth and increase inflation levels, they cautioned. As the conflict's scale

The dynamic between Bitcoin and the financial advisory sector is intriguing and often overlooked. Financial advisors, wealth management professionals, and family offices wield control over a staggering amount of capital, estimated in the trillions. This article will delve into the complex relationship between this mighty industry and Bitcoin, the digital currency that has disrupted traditional

As the crisis in the Middle East continues to unravel following an unexpected assault on Israel by Hamas, prominent U.S. investment banks are recommending vigilance and adaptability. A closer look at the analysis from JPMorgan and Morgan Stanley gives us an understanding of Wall Street's interpretation of the ongoing events and their potential influence on

As the first managed Ordinals fund goes live, institutional investors are displaying boldness by foraying into the space of Ordinals. The Unbroken Chain fund, under the leadership of portfolio manager L. Asher Corson from Consolidated Trading, has embarked on active trading and investment in assets related to Ordinals. The fund has already established important collaborations

The U.S. Securities and Exchange Commission (SEC) recently revealed its examination priorities for 2024. Crypto monitoring and examinations are at the forefront of these priorities. The SEC stated that examinations of registrants will concentrate on various activities related to crypto assets and corresponding products, including offering, selling, recommending, advising, and trading. Division of Examinations: 2024

In this article, we will be examining the performance of both Bitcoin and Ethereum in the current trading session. Bitcoin's performance seems to have plateaued for the day, with market players consolidating gains after a recent peak. Concurrently, Ethereum's performance shows a slight upward trend, hovering around the $1,580 mark. Let's dive deeper into these