Ripple CEO Brad Garlinghouse confirmed that the U.S. Securities and Exchange Commission will not pursue further appeals in its long-running case against the company, marking the end of a four-year legal battle. What Happened: “The case is over,” Garlinghouse announced, describing the outcome as a “victory” and labeling the SEC’s lawsuit as a failed attempt […]
Bitcoin Is ‘Digital Sound Money’ In The Safest, Most Prosperous Time In History, Anthony Pompliano Says
Murtuza Merchant | March 12, 2025
Anthony Pompliano, founder and CEO of Professional Capital Management, on Wednesday asserted that humanity is experiencing the safest and most prosperous era in history, citing declining global extreme poverty and robust economic data to support his claim. What Happened: In a Twitter address streamed from his desk, Pompliano urged viewers to focus on tangible progress […]
Trump’s XRP, Cardano Inclusion in Crypto Reserve Proposal Could Be Result of Businessman’ Instincts
Murtuza Merchant | March 5, 2025
Tracy Jin, Chief Operating Officer of cryptocurrency exchange MEXC, on Wednesday attributed President Donald Trump‘s decision to include Cardano (CRYPTO: ADA) and Ripple‘s (CRYPTO: XRP) in the U.S. strategic crypto reserve to his businessman instincts, despite market skepticism and a subsequent Bitcoin (CRYPTO: BTC) price retreat. What Happened: Unveiled on Sunday, the reserve—set to include […]
Bitcoin Could Drop As Low As $75,000 If It Fills This Liquidity Gap, Expert Warns
Murtuza Merchant | January 8, 2025
A significant gap in the Chicago Mercantile Exchange (NASDAQ:CME) Bitcoin futures contract near $75,000, suggests a potential downside move for Bitcoin (CRYPTO: BTC) in the short-term, according to Joe McCann, founder of Asymmetric. What Happened: McCann’s analysis from Tuesday paints a bearish picture, shifting away from previous bullish sentiments, as he notes a confluence of […]
EXCLUSIVE: Binance CEO Richard Teng Says 2025 Will Outshine 2024 For Crypto
Murtuza Merchant | November 18, 2024
Binance CEO Richard Teng on Monday expressed strong optimism for the future of the cryptocurrency industry, predicting that 2025 will surpass the growth and adoption seen in 2024. Teng’s comments come amid growing institutional interest and regulatory clarity, which he believes are setting the stage for a transformative year for digital assets. What Happened: “2024 […]
Venezuela Turns To Crypto As U.S. Sanctions Return On Oil Exports
Murtuza Merchant | April 23, 2024
Venezuela’s state-owned oil company, PDVSA, is turning to cryptocurrency to adapt as the United States reimposes sanctions on the country’s oil industry. What Happened: In a move to bypass potential restrictions on traditional financial channels, PDVSA is accelerating its shift towards using digital currencies, particularly Tether (CRYPTO: USDT), for crude oil and fuel exports, Reuters […]