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Analyst Predicts Reversal for Top Ethereum Competitor, Says One-Red Hot Altcoin About To End Corrective Move

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Posted on October 23, 2022

Widely followed crypto analyst Michaël van de Poppe says rallies are imminent for Ethereum (ETH) challenger Avalanche (AVAX) and decentralized derivatives exchange protocol Injective (INJ). Van de Poppe tells his 636,000 Twitter followers that AVAX is flashing a bullish reversal signal as its RSI (relative strength indicator) is starting to creep up while the price

Mastercard and Paxos help banks offer crypto, Jack Dorsey details new social platform and Tesla hodls BTC: Hodler’s Digest, Oct. 16-22

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Posted on October 22, 2022

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard taps Paxos to launch crypto trading for banks Banks

Ripple CEO Calls SEC’s Behavior ‘Shocking’ After Regulator Forced To Release New Details in Landmark Crypto Lawsuit

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Posted on October 21, 2022

The chief executive of Ripple Labs says that the U.S. Securities and Exchange Commission’s (SEC) behavior is shocking after the regulatory body was forced to release new details in its case against XRP. Ripple CEO Brad Garlinghouse tells his 665,500 Twitter followers that the SEC’s actions have been shameful and shocking and that the agency

Ripple Receives Contentious Internal Documents on Ethereum From SEC, Says Revelations Are ‘Well Worth the Fight’

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Posted on October 20, 2022

Ripple’s general council says the crypto payments firm has received a series of documents from the U.S. Securities and Exchange Commission revealing the agency’s internal dialogue on Ethereum. Late last month, District Judge Analise Torres ordered the SEC to release the files, which the SEC had repeatedly tried to keep out of the courtoom. The

Crypto Legal Expert Says SEC Being Bombarded From All Angles As Amicus Briefs Pile Up in Ripple and XRP Lawsuit

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Posted on October 20, 2022

Two more parties are attempting to weigh in on the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. The two new parties are Phillip Goldstein, a managing member at the investment advisory firm Bulldog Investors, and the Investor Choice Advocates Network (ICAN). ICAN bills itself as “a nonprofit public interest law firm representing parties

DeFi abandons Ponzi farms for ‘real yield’ – Cointelegraph Magazine

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Posted on October 20, 2022

Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens. Where does this real yield come from? Are “fees” really a sustainable model for growth at this early

Bitcoin mining remained unprofitable throughout Q3

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Posted on October 20, 2022

Bitcoin (BTC) miners had a rough third quarter, with the cost of mining increasing, although BTC’s price continued to fall, according to the Hashrate Index report. According to the report, the rate at which public miners sold mined BTC dropped for the first time since May. Hashprice decrease The best sign of how unprofitable the

Ripple Unveils New NFT Projects Set To Benefit From $250,000,000 Web3 Creator Fund

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Posted on October 19, 2022

Payments firm Ripple has revealed the second batch of creators that will get a share of its $250 million Creator Fund, which was launched to promote non-fungible token (NFT) projects on the XRP Ledger (XRPL). The San Francisco-based company says that the new set of creators that will benefit from the fund are those that

Bitcoin mining could help slow climate change

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Posted on October 19, 2022

The dominant media narrative surrounding Bitcoin has been one of an energy-guzzling digital asset used for speculation. Institutions ranging from local governments to the World Economic Forum (WEF) have been touting Bitcoin’s energy usage as a huge driving factor of climate change, issuing reports comparing its energy consumption to various nation-states. This narrative was further

Ripple CEO Brad Garlinghouse Slams SEC, Says Regulator Has No Regard for Those Harmed by XRP Lawsuit

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Posted on October 17, 2022

The chief executive of Ripple Labs is sounding off against the U.S. Securities and Exchange Commission (SEC), saying that the regulatory agency doesn’t care about those it harmed with its XRP lawsuit. Ripple CEO Brad Garlinghouse tells his 662,000 Twitter followers that the SEC’s lawsuit isn’t about upholding the law, but rather consolidating power. “My

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