Crypto News
Ripple to Pay $125 Million Fine for Unregistered XRP Sales
The SEC had sought a more substantive $2 billion judgement.Source link
Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.Source link
Bitcoin at Bottom or More Pain to Come? Experts Weigh In
From “buy the dip“ to a further fall in BTC price toward $40,000, analysts unpack the significance of the week's volatility.Source link
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36 two days prior. Miners Grapple With Unprecedented Low HashpriceSource link
Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains
An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.Source link