Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India. Source link
Day: January 16, 2025
Ethereum Price Picks Up Speed: Recovery in Full Swing
Este artículo también está disponible en español. Ethereum price started a decent recovery wave above the $3,240 zone. ETH is rising and facing hurdles near the $3,480 zone. Ethereum started a minor recovery wave above the $3,240 zone. The price is trading above $3,320 and the 100-hourly Simple Moving Average. There was a break above a short-term contracting triangle with resistance at $3,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,480 resistance level. Ethereum Price Gains Over…
Texas kicks off 89th legislative session with new strategic Bitcoin reserve bill
If passed and signed into law, “it would make Texas the first state to establish a strategic Bitcoin reserve,” says Senator Charles Schwertner. Source link
SEC files brief in its appeal against Ripple, seeks reversal on XRP classification
Key Takeaways The SEC filed a brief appealing a court ruling that found XRP was not a security when sold to retail investors. The SEC seeks to overturn the district court’s ruling and classify all XRP sales as unregistered securities offerings. Share this article The SEC on Wednesday filed an opening brief in its efforts to get the US Court of Appeals for the 2nd Circuit to overturn a previous court ruling that found XRP was not classified as a security when sold to retail investors. In a July 2023…
A Make-or-Break Moment for Bulls
Este artículo también está disponible en español. Bitcoin price is attempting a recovery wave above the $98,000 zone. BTC is rising and now struggles to settle above the $100,000 zone. Bitcoin started a recovery wave above the $98,000 zone. The price is trading above $98,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone.…
Illicit crypto volumes likely $51B in 2024, but overall share falls: Chainalysis
2024 saw nearly $41 billion worth of illicit crypto volume, but that could climb to around $51 billion as more criminal-tied addresses are found, Chainalysis says. Source link
Law firm says it’s pursuing potential legal action against Pump.fun
Only 0.4% of the 14 million crypto wallets that have interacted with Pump.fun have made a profit of over $10,000 — indicating that Burwick’s client base may be in the millions. Source link