News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
The case between the SEC and Ripple might finally be over.
Share link:In this post: Ripple only has to pay $125 million to the SEC for selling XRP to institutional investors without registering it. The court ruled that XRP is not a security when sold to institutional investors, which is a big win for the crypto industry. XRP’s price jumped 25% after the ruling, showing the market’s positive reaction.
Share link:In this post: BlackRock and NASDAQ have asked the SEC to allow options trading in the BlackRock spot Ether ETF. The U.S. SEC will oversee these changes in the ETF trading options but hasn’t yet approved the suggestion. The proposed changes would ensure all Ethereum is under Coinbase’s custody, while the Bank of New York Mellon would handle cash.
Share link:In this post: Politicians print money to win elections when markets are down, just like Kamala Harris might do. Japan’s yen carry trade, where they borrow cheap yen to invest in higher-yield assets, is huge and risky. Bitcoin’s behavior will help us gauge market expectations; if it follows traditional markets, stay cautious; if it diverges, consider aggressive positions.
Share link:In this post: Monday’s market chaos may have settled, but expect more selling pressure in the coming days due to ongoing high volatility. Bitcoin is struggling to break above key resistance levels, indicating a bearish trend and potential for further declines. Technical indicators like SMAs, MACD, and OBV suggest that the selling pressure on Bitcoin is far from over.
- 15:28Greeks.live: Market Participants are Bearish on Ethereum, Many Ancient Whales Exit the MarketAccording to Odaily, Greeks.live macro researcher Adam released a briefing in the Chinese community indicating that market participants are clearly bearish on Ethereum, considering it to be underperforming compared to Bitcoin, and many ancient whales are exiting the market. In contrast, Bitcoin has surpassed $88,000, with most traders being cautiously bullish, believing the market is about to break upwards.
- 15:26Trump to Announce Russia-Ukraine Peace Plan in the Next Three DaysUS President Trump stated on the 21st local time that he will announce a peace plan concerning the Russia-Ukraine conflict in the next three days. According to reports from several US media outlets, the plan may include territorial issues and the deployment of European troops into Ukraine.
- 15:26In the past 4 hours, the total liquidation across the network reached $159 million, primarily in short positions.According to Jinse, in the past 4 hours, the total liquidation across the network reached $159 million, with $150 million in short positions and $9.0032 million in long positions.