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The battle of the titans is on with different platforms fighting for dominance in the market. VC Spectra’s native token SPCT continues to send shockwaves in the cryptocurrency market with its 900% warp-speed rise.  On the other hand, Ripple’s (XRP) legal storm has triggered uncertainty in the cryptocurrency community. However, XRP remains unperturbed , rising above its turbulence to reinforce its presence internationally. Meanwhile, Monero (XMR) is showing an upward trend in a never-before-seen manner. BUY SPECTRA TOKENS NOW Understanding VC Spectra’s Native Token (SPCT) Whirlwind Rise VC Spectra (SPCT)  is a decentralized hedge fund showing relentless dominance in the blockchain space. The platform offers its users a sustainable development ap PR oach and exclusive access to various PR ofitable blockchain ventures. Furthermore, VC Spectra (SPCT)  performs rigorous project evaluations to maximize profits while reducing risks. Guided by stringent risk management pri...

Coinbase said Wednesday that Coinbase Advanced, its trading platform aimed at more sophisticated traders, will offer “up to 4% rewards on the USDC that they hold on Coinbase or on any USDC used in open orders.” Coinbase launched 4% rewards on USDC for all Coinbase customers on June 15, adding the caveat that the “rate is subject to change and can vary.” According to an FAQ article, Coinbase doesn’t lend out the USDC in its customers accounts, claiming it “has no right to use” those funds. “USDC Rewards is a loyalty program that is funded with Coinbase’s own funds. The program is designed to incentivize more of our customers to use Coinbase services to store their USDC,” the FAQ continued.  The 4% yield offering is significant because it rivals what major banks give in terms of APY for their high yield savings accounts. Apple’s savings account, which launched in April and is tied to its credit card, offers 4.15% APY.  And according to Bankrate, which tracks and rates financi...

The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim. In the ongoing legal battle between Coinbase and the United States Securities and Exchange Commission (SEC), the American cryptocurrency exchange has filed a motion to dismiss the SEC’s complaint. In a legal document filed on Thursday, June 29 with the U.S. District Court for the Southern District of New York, Coinbase raised concerns about the SEC’s interpretation of securities laws, suggesting the agency was reaching beyond its legal authority. This move underscores Coinbase’s determination to challenge the SEC’s lawsuit. The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim . Coinbase’s legal team stated in the filing: “Even if the SEC were correct that the assets and services it identifies are within the scope of its existing regulatory authority, this [legal] actio...

Jun 28, 2023 at 18:00 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report, Cardano (ADA) is currently trading at the bottom of the chart. Cardano price long-term forecasts: bearish In short, the price of the cryptocurrency asset is between $0.24 and $0.30. Since June 10, the altcoin has been in a narrow price range. The 21-day line SMA or resistance at $0.30 has stopped the upward movement. At the time of writing, Cardano is trading at $0.27. After meeting rejection at the last high, the cryptocurrency is now falling again. If ...

Will Shiba Inu Price Jump? Japanese financial giant, SBI Group on Wednesday announced that its subsidiary, SBI VS Trade will now offer trading services for Shiba Inu. It mentioned the exchange will also open trade for Dai and Cosmos (ATOM). The exchange now offers trading options for 20 types of crypto assets. advertisement Shiba Inu coin price has dropped by more than 31% in the last 90 days. This price drop comes in due to the rise of another meme coin, Pepe. PEPE price surged by 2500% over the same period of time. However, SHIB is still the second biggest meme crypto with a market cap of over $4.3 billion. The recent listing announcement hasn’t impacted Shiba Inu Coin price. SHIB is trading at an average price of $0.000007, at the press time. Its 24 hour trading volume is down by 5% to stand at $100 million. Recommended Articles Crypto Presale Projects...

In a statement on Wednesday, June 28, the independent panel noted that the long-awaited recommendations “aim to provide a comprehensive legal foundation for digital assets, which will allow these new technologies to flourish, enabling a diverse range of market participants to interact with and benefit from them”. advertisement The report has been forwarded to the UK government which will take the final call on whether or not to adopt the recommendations. In April last year, the UK Treasury expressed its desire to establish itself as a leading global hub for cryptocurrencies. It introduced several legislative proposals to regulate crypto-related businesses and encourage investment in the country. Notable figures, including Judge Geoffrey Vos, have indicated that updates to the legal system in England and Wales could make the UK the preferred destination for the crypto industry, further enhancing its attractiveness. UK Law Commission Seeks Clarity on Di...

XRP’s price has risen significantly lately, indicating a positive market trend. A substantial rise has taken place, and it’s surpassed previous resistance levels. The recent consolidation is supposed to portend an upcoming surge in value for Ripple. Exploring Ripple XRP: A Secure Global Payment Platform with Future Investment Potential Alternative payment methods like cryptocurrency are becoming more popular. Ripple stands out in cryptocurrency by offering a secure platform for global payments. Ripple uses XRP as its cryptocurrency for transactions. Using Ripple, you can seamlessly transfer different cryptocurrencies, ensuring payments are made in local currencies. Transactions are completed within 5 seconds. In the future, many people think Ripple will be a good investment. Let’s explore the projected price of Ripple XRP from 2023 to 2024 if you’re considering investing in Ripple. XRP: A Versatile Cryptocurrency for Fast and Affordable Cross-Border Payments...

CoinShares, a digital asset management firm, has reported a significant influx of institutional capital into the crypto markets, indicating a positive shift in investor sentiment. This information comes from CoinShares’ most recent Digital Asset Fund Flows Weekly Report. According to the report , the crypto market s have seen the highest inflows for 2023, following BlackRock’s application for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). You might also like: BlackRock nears bitcoin ETF filing, partnering with Coinbase custody The week witnessed the most significant weekly inflows since July 2022, amounting to $199 million. This influx corrected nearly half of the outflows observed over the previous nine consecutive weeks. The report further stated that exchange-traded product (ETP) trading volumes were 170% of the average for the current year, totaling $2.5 billion for the week. CoinShares attributes this renewed o...

IBM has made an official announcement regarding its definitive agreement with Vista Equity Partners. The agreement entails the acquisition of Apptio Inc. for a total of $5 billion. IBM Nears Deal Completion IBM  has decided to acquire Apptio for $5 billion.It will purchase the company from Vista Equity Partners Management LLC, which bought Apptio for $1.94 billion almost five years ago. The parties are in advanced discussions regarding a potential purchase that may be completed by the weekend. $IBM – IBM close to $5B deal for software provider Apptio: report https://t.co/15OiqeRYIX — Beeken Technology (@beeken_tech) June 26, 2023 Established in 2007, Apptio specializes in providing cloud-based technology and hybrid business management software for  managing businesses within the information technology industry. IBM plans to integrate Apptio with its current IT automation software and AI platform. It also aims to collaborate and offer businesses compre...

In light of recent enforcement actions in the United States, Binance is turning its attention to the United Arab Emirates (UAE) as a significant focus for its future operations. According to Alex Chehade, the general manager of Binance Dubai, the UAE has emerged as an attractive destination for crypto businesses due to its favorable stance on digital assets and clear regulatory framework. Chehade told Cointelegraph that the UAE’s senior leadership’s desire to establish the region as a web3 hub and diversify away from fossil fuels, with cryptocurrency playing a pivotal role in achieving this objective. Binance sees the UAE’s well-defined crypto regulations as a compelling factor for establishing operations in the country, especially considering the ongoing legal disputes the exchange faces with US regulators such as the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC). Chehade emphasized that Binance chose the UAE be...

In a world where the lines between reality and the digital realm blur seamlessly, a captivating vision is transforming into reality. Virtual reality (VR), augmented reality (AR), and mixed reality (MR) are revolutionizing how we perceive and interact with our surroundings. VR immerses us in fully digital environments, AR overlays digital elements onto the physical world, and MR takes us on captivating journeys where the physical and virtual realms converge. These groundbreaking technologies are reshaping industries and paving the way for new frontiers of innovation. The Power of eXtended Reality: Apple XR Devices Beneath the overarching term “eXtended Reality” (XR) lies a comprehensive and inclusive approach to immersive experiences. XR acknowledges the interdependence and synergy between VR, AR, and MR, unlocking their metamorphic potential. Apple’s XR devices, in particular, are spearheading the transformative XR landscape. Apple Vision Pro, a groundbreaking...

Binance.US and the Securities & Exchange Commission (SEC) are racing against a deadline to strike a deal that could prevent a full asset freeze for the exchange. The commission initiated legal action against Binance and affiliated entities on earlier this month. Following that, the SEC requested a temporary restraining order and asset freeze. US District Judge Amy German Jackson on Tuesday encouraged the SEC to find middle ground with Binance.US. Doing so could pave the way for Binance to maintain its operations within the US. Jackson gave the parties until Jun. 15, 5pm ET to figure things out and chose a magistrate judge Zia Faruqui to help negotiations, according to an order filed Tuesday. Binance.US also needs to submit a list of regular expenses by June 14 at 9am ET. Binance.US suspended US dollar deposits last week and warned users that withdrawals could be suspended as early as Tuesday, in preparation for the court session. The SEC also suggested a new deal on Tuesday t...

Mike McGlone Predicts If Bitcoin Price To Hit $20,000 or $40,000 Bloomberg Intelligence’s senior strategist Mike McGlone took to Twitter to share the contents of a crypto outlook report. He argues that the launch of several Bitcoin ETFs including BlackRock spot Bitcoin ETF will not shield Bitcoin from facing its first US recession, potential equity bear market, and hawkish central banks. advertisement The near-term outlook for Bitcoin is positive, but the key pivot point remained near $30,000 since 2021 amid the biggest money supply surge in history. He highlighted several obstacles that could potentially prevent BTC price from reaching $40,000. In response to the recent Bitcoin ETF-inspired rally, McGlone said “Physical Bitcoin ETFs in the US are a matter of time, we believe. BlackRock’s application to start such a fund appears to have expedited this process, but a launch may not come in 2023, and Bloomberg Economics expects the US to tilt to...