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Day: June 16, 2023

cryptocurrency June 16, 2023

The legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken a new twist as top lawyers accuse former SEC Director William Hinman of being paid to attack XRP in favor of Ethereum (ETH).  Advertisements Following the release of Hinman’s emails and drafts of his June 2018 speech, pro-XRP attorney John Deaton […]

cryptocurrency June 16, 2023

Advertisements Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to the ARB price. While the Arbitrum governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth.  A recent Nansen report shows that Arbitrum’s activity improved […]

cryptocurrency June 16, 2023

The brutal bear market in crypto over the past few months has taken a serious toll on ETH’s price and profitability. The price of Ethereum has been stuck in a sideways range recently, and many ETH holders have been unlucky for it. According to data from Glassnode, the percentage of Ethereum addresses in profit has […]

cryptocurrency June 16, 2023

Members of the Forta network have discovered a new type of cryptocurrency scam dubbed the “Sleepdrop,” which has affected a significant number of users. The scam involves the presence of unexpected tokens from a seemingly legitimate contract in users’ wallets. Users who do not avoid such airdropped tokens are at grave risk. Advertisements The Forta […]

cryptocurrency June 16, 2023

JPMorgan says Ethereum must come under a new category or be classified as a commodity to insulate it from overregulation. Advertisements In a research note on Thursday, JPMorgan strategist Nikolaos Panigirtzgolou said regulating Ethereum (ETH) as an alternative asset would see it strike a middle ground between commodity and security regulatory regimes. SEC Documents Cast […]

cryptocurrency June 16, 2023

Advertisements Crypto market sentiment hits rock bottom as legal battles and price decline instill fear. Market cap sees a decline as negative sentiment catches up with prices. When news broke out about the legal battles involving Binance and Coinbase, the crypto market experienced a blend of responses. Ripple (XRP), among other crypto assets, displayed indications […]

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