• Ripple settle SEC lawsuit
    Rippe CEO Brad Garlinghouse says he's spoiling for a fight with the SEC, but a filing suggests the company might pay to make it go away (Photo: Leo Jakobson)
    Regulation,  Ripple,  XRP

    Ripple angling to settle SEC lawsuit?

    Charged with selling XRP as an illegally unregistered security, the international payments firm has been pugnacious but said it was open to settling in a filing released Monday

    February 16, 2021 /

    Previous discussions took place under former SEC chair Jay Cayton and his top lieutenants, whereas the new acting SEC chairman, Gary Gensler, has a more positive outlook, as well as a much deeper understanding of cryptocurrencies and the underlying blockchain technology. Gensler spent the last few years teaching cryptocurrency and blockchain at MIT, and has been a fixture at industry events.

    Read More
  • Markets Report Bitcoin price Tesla
    Elon Musk's Tesla buy pumped BTC to its biggest single-day gain ever on Monday—and the impact is still reverberating (Photo: CoinMarketCap)
    Bitcoin,  Markets Report,  People,  XRP

    Markets Report: Bitcoin tipped for $50,000 next as Tesla upends expectations

    The shock $1.5 billion from Elon Musk’s company continues to ricochet among investors and mainstream consumers

    February 9, 2021 /

    Bulls were already confident prior to Monday’s news, with Bitcoin passing $40,000 over the weekend. Elon Musk’s company then set the market alight with its filing with U.S. regulators and Bitcoin subsequently hit new record levels of $48,200.

    Read More
  • XRP Flare network
    Flare is racing to launch by the end of the second quarter of 2021 (Photo: Flare)
    Alt coins,  XRP

    After XRP airdrop, Flare Network branches out

    If the headline-grabbing drama concerning XRP has affected Flare Networks in any way, the project has done a good job of hiding it

    February 4, 2021 /

    In the wake of the SEC’s lawsuit against Ripple, XRP tumbled from $0.50 to lows of just $0.20… with one analyst making the dire prediction that the embattled altcoin will be a “remnant of history” by the end of 2021. But if the headline-grabbing drama has affected Flare Networks, the project’s done a very good job of hiding it—with the start-up making a slew of announcements as it prepares for launch.

    Read More
  • XRP pump draws thousands
    The pump that was promised for 8:30 a.m. ET ended a couple of hours earlier (Photo: CoinMarketCap)
    Regulation,  XRP

    XRP pump draws in thousands, and victims lose millions

    Some crypto enthusiasts are coming to terms with sizeable losses after XRP plummeted at a time when it was meant to surge

    February 1, 2021 /

    In the darkest corners of Crypto Twitter, on the r/WallStreetBets Reddit page, across a myriad of Telegram chats and in Discord messaging rooms, thousands of inexperienced investors were being sold a promise: buy at this time and riches will follow.

    Read More