XRP’s price surged to $2.60 after the lawsuit settlement but quickly dropped nearly 20%, confusing bullish investors. Despite legal clarity, XRP lost momentum; global interest and search trends plummeted, signaling fading public excitement. The almost four-year dispute between Ripple and the U.S. Securities and Exchange Commission is over at last. But quite remarkably, the desired […]

The stablecoin issuer Tether is reportedly sitting on $3.86 billion worth of unrealized Bitcoin (BTC) profits. The crypto tracker Spot On Chain notes Tether has the sixth-largest Bitcoin wallet in the world, with its reserves totaling 92,647 BTC worth $7.88 billion at time of writing. Tether owns 100,521 BTC in total, meaning the firm holds […]

The crypto industry’s sway in Washington DC has made it more likely that the industry will get beneficial legislation, but it’s also creating problems. Concerns of regulatory capture — a situation in which regulators or lawmakers are co-opted to serve the interests of a small constituency — have grown as crypto lobbying gains influence in Washington.The […]