Bitcoin Cash (BCH) advocate Roger Ver has sued by a unit of crypto lending firm Genesis over unsettled crypto options amounting to $20.8 million.  GGC International, a part of the bankrupt crypto lender, filed the suit against Ver in the New York State Supreme Court on Jan. 23, claiming that the BCH proponent has failed to settle crypto options transactions that expired back on Dec. 30. Ver was given a total of 20 days to answer the summons. Should the BCH advocate fail to answer within… Source link

Outside of majors, avalanche (AVAX) fell 7.7% while lido (LDO) dropped over 10%, ending a multi-week bump that saw the token’s value jump 135% in the past month. Meanwhile, a few tokens traded in the green, including those of interoperable blockchain platform Quant (QNT) and layer 1 network Aptos, with both rising over 4%. Source link

A closely followed crypto strategist believes payments network XRP is likely ready to rally while seeing more upside potential for Bitcoin (BTC) and one under-the-radar altcoin. Pseudonymous analyst Cantering Clark tells his 159,200 Twitter followers that it’s “almost time” for XRP to burst to the upside. “XRP looks really good.” Source: Cantering Clark/Twitter Looking at the analyst’s chart, it appears that XRP has broken above a high volume node range while also… Source link

Several on-chain metrics from the Bitcoin (BTC) network are flashing buy signals following this year’s rally. Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on-chain data is still signaling it could be a “generational buying opportunity” according to analysts. On Jan. 24, researcher and technical analyst “Game of Trades” identified six on-chain metrics for his 71,000 Twitter followers. The first metric is an accumulation trend score… Source link

Bitcoin and Ethereum both failed to sustain the momentum they had gained and dipped past the $23,000 and $1,600 marks, respectively. This affected the overall cryptocurrency market value, as it decreased by 3.52% to reach a total of $1 trillion. Since the beginning of 2023, the cryptocurrency markets have grown, with Bitcoin values increasing by more than 40% in recent days. However, Bitcoin’s rise appears to be fading as it has… Source link

A United States appeals court is set to hear the oral arguments relating to Grayscale Investment’s lawsuit against the Securities and Exchange Commission (SEC) over its decision to deny Grayscale’s Bitcoin (BTC) spot exchange-traded fund (ETF). According to a court motion filed on Jan. 23, both sides will present their arguments at the District of Columbia Court of Appeals on March 7, at 9:30 am local time. Oral arguments are spoken presentations delivered by attorneys summarizing why… Source link

Shiba Inu has been one of the best performers out of the largest cryptocurrencies by market cap. The meme coin started 2023 with a bang, rallying with the entire crypto market but also clocking in some independent gains due to anticipation around Shibarium and general bullishness in the market. Now, the digital asset has crawled back into favor with large Ethereum whales as they renew their interest. Shiba Inu Is The Biggest Token Holding By Dollar Value Over the last year, Shiba Inu had… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link