J.P. Morgan analysts, led by Nikolaos Panigirtzoglou, have reportedly indicated that the U.S. Securities and Exchange Commission (SEC) may soon have little option but to greenlight multiple applications for spot Bitcoin exchange-traded funds (ETFs). This prediction comes on the heels of Grayscale’s recent legal win against the SEC. Nikolaos Panigirtzoglou […]

San Francisco-based crypto investment firm Paradigm recently published a paper discussing the future of stablecoins in the payment system. Authored by Policy Manager Brendan Malone, the paper argues against applying traditional banking and securities frameworks to stablecoins, emphasizing their unique characteristics and use cases. The paper begins by acknowledging that […]

Ripple Labs, accompanied by its top executives, Brad Garlinghouse and Chris Larsen, has expressed its disagreement with the SEC’s request for an interlocutory appeal in court. Ripple contends that the current court ruling does not warrant such an appeal and is highlighting the SEC’s selective regulation of the cryptocurrency industry. […]

A recently released tool for Arbitrum developers could onboard more devs to Ethereum Virtual Machines (EVM) and improve its code, says Offchain Labs co-founder Ed Felten. Speaking to Cointelegraph at Korea Blockchain Week, Felten lauded Arbitrum Stylus, which Offchain released on a testnet on Aug. 31, allowing developers to use […]

The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the 1 million mark in a meteoric rise since its relaunch.  The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 900,000 […]

The co-founders of blockchain gaming platform Gala Games have locked horns in court over two separate lawsuits, one alleging the theft of $130 million worth of Gala (GALA) and the other, alleging corporate waste. On Aug. 31 Gala co-founders Wright Thurston and Eric Schiermeyer, also the firm’s CEO, filed lawsuits […]

Streaming video is one of the fastest-growing markets in the world, with the OTT video industry alone projected to reach $200 billion in 2023. Short for “over-the-top” video, the OTT video ecosystem includes on-demand video as well as ad-supported video content, and it is mainly driven by the growth of […]

GALA, the native token of Gala Games, is under immense selling pressure as of early September 2023. Trackers show that the token is down 72% from 2023 peaks when it soared to $0.062 in late January 2023. From there, the token has been edging lower, sinking to $0.017 at spot […]

Weekly cryptocurrency analysis of Toncoin, Maker, IOTA, XDC Network and Mantle brought to you by Coinidol.com. Market volatility is impacting the best-performing cryptocurrencies as altcoins struggle to regain previous support levels. Moreover, as the market enters an overbought condition, the upside moves are temporary. Toncoin The price of Toncoin (TON) […]

A group of influential members of parliament (MPs) in the United Kingdom have advised the government to collaborate with democratic allies to address the potential misuse of artificial intelligence (AI), emphasizing London’s aim to be a key player in advancing the emerging technology. On Aug. 31, the Science, Innovation and […]