CFTC Is Suing a DAO. Here’s Why DeFi Users Should Be Alarmed
In the lawsuit, the Commodity Futures Trading Commission claimed that “DAOs are not immune from enforcement and may not violate the law with impunity.” CFTC Sues Ooki DAO in Landmark...
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Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50% This Week
Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The token formerly known as ripple has risen by over 50%…
Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more…
Biggest Movers: XRP Hits 4-Month High, ALGO up 17% on Thursday
XRP moved to a fresh four-month high on Thursday, which comes as volatility in the crypto markets eased, following the latest U.S. Federal Open Market Committee meeting. The token rose…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Near Multi-Month Lows Following Fed Rate Hike
Ethereum dropped below $1,300 on Thursday, as markets continued to react to the U.S. Fed’s latest decision to raise interest rates. Following speculation of a 100-basis-point hike, the Federal Reserve…
Fed Hikes Rates by Another 75 Basis Points
The latest rate hike from the Fed comes after the latest Consumer Price Index registered a higher than expected inflation rate of 8.3% in August. Fed Announces Another Rate Hike...
Biggest Movers: XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday
XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1%
Bitcoin fell below $19,000 on Wednesday, as markets prepared for a potential 100 basis point interest rate hike from the United States central bank. Although the consensus for a rate…
Could the New House Stablecoin Bill Kill FRAX and DAI?
The legislation comes in response to the May collapse of the algorithmically-backed TerraUSD stablecoin. U.S. Proposes Stablecoin Regulation House lawmakers are taking a step toward regulating stablecoins. A new bill...
Biggest Movers: APE, XLM Move Close to 1-Month Highs
Apecoin was up by over 13% on Tuesday, despite bearish sentiment remaining largely present in cryptocurrency markets. The token stayed close to a one-month high in today’s session, despite current…
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