The commission is alleging Garlinghouse, Larsen and Ripple have participated in an “unregistered, ongoing digital asset securities offering” to investors since 2013. The U.S. Securities and Exchange Commission has taken legal action against Ripple as well as its CEO Brad Garlinghouse and co-founder Christian Larsen. In charges filed today in federal district court in Manhattan, the commission is alleging that the XRP token is classified as a security, and accusing Ripple and the two execs of raising more than $1.3 billion through an “unregistered, ongoing digital asset […]

Dennis Gartman is still not convinced that Bitcoin won’t go to zero. Bitcoin (BTC) has won over a number of mainstream financial gurus in 2020 against the backdrop of a difficult year for the United States economy. Some markets experts, such as Dennis Gartman, however, still remain skeptical of the digital asset.  Gold and Bitcoin are not really equivalent, according to Gartman’s Tuesday interview with Bloomberg. “Gold has been around for thousands of years, Bitcoin has been around for 20 years,” he said. Gartman put out a […]

With crypto exceeding all monetary expectations in 2020, some mainstream analysts have reverted to long-forgotten arguments from 2017. As anyone following the crypto industry will have noticed, yes, Bitcoin (BTC) did recently smash its previous all-time high of around $20,000. Now, many analysts anticipate the cryptocurrency to eventually rise to the mid-$30,000s or even higher within the next few years. As things stand, BTC is trading at around $23,300, briefly testing the $24,000 mark on several occasions. However, despite all of these positive developments, many prominent individuals […]

Positive news and strong fundamentals appear to be boosting Theta, The Graph (GRT), and Celcius (CEL) price over the past few days. Institutional investors usually look for liquid assets to buy as they trade in large quantities. Due to this limitation, they tend to stick to Bitcoin (BTC) or a few major altcoins with large market caps. However, retail traders do not have that constraint and this gives them the freedom to choose smaller-cap projects that are backed by strong fundamentals. Crypto market data daily view. Source: […]

The United Kingdom is shutting the door for digital asset firms: Crypto startups are no longer welcome to the country. Late last week, the United Kingdom’s Financial Conduct Authority issued temporary licenses to applicant companies looking to become licensed crypto-asset firms. However, with the publication of this list of temporarily authorized firms has come a large amount of confusion for those that applied or were thinking of applying. The deadline for companies to have acquired this license is Jan. 10, 2021. Under the current rules, companies that […]