It is New Year’s Eve, and XRP is flashing mixed signals despite its strong performance in 2024. The payment-focused cryptocurrency currently trades at $2.12, representing a price surge of 5% despite weekly losses of 8%, according to CoinMarketCap data. A surge in transactional activity has bolstered optimism among investors...
Posts published by “Jared Kirui”
Elon Musk never fails to captivate his audience, but his latest move, a rebranding as “Kekius Maximus” on his social media platform X, has stirred up more than memes. By adopting a Pepe the Frog-inspired profile image and a cryptic name, Musk has sparked widespread speculation about his potential ties to a skyrocketing cryptocurrency.From Meme
Justin Sun, the crypto entrepreneur behind the Tron blockchain, has joined the Trump family's crypto project, World Liberty Financial (WLFI), as an adviser. This comes days after Sun invested $30 million in WLFI tokens.World Liberty Financial aims to become an important player in the evolving DeFi space...
The Financial Conduct Authority (FCA) has reduced enforcement timelines to enhance efficiency, according to a five-year plan, which focuses on efficiency, innovation, tackling financial crime, and empowering consumers. The regulator is now inviting industry stakeholders to join in improving the financial industry based on confidence and growth.The FCA concluded its current three-year strategy and is
The US regulator of brokerage firms and exchange markets, FINRA, licensed Netcapital as a broker-dealer to facilitate larger fundraises while offering investors a broader spectrum of opportunities. Private Securities and Business PlacementsNetcapital Securities Inc., a subsidiary of Netcapital Inc., can now engage in private securities and referral business placements...
WisdomTree, a prominent New York-based asset management firm, filed for an XRP exchange-traded fund (ETF) in Delaware on November 25. The filings came amid a surge in XRP price to levels last seen in 2021. Although state-level filings are often preliminary, the move signals the company's intention to expand into crypto markets...
Market data platform dxFeed teamed up with Tickblaze, a hybrid trading platform, to eliminate barriers to global traders' access to market data. The collaboration aims to enhance efficiency through tools with better data integration for retail and institutional traders.Improving Global Market AccessBy integrating dxFeed's market data directly into the Tickblaze platform...
Nigerian government dropped all money laundering charges against the detained Binance executive Tigran Gambaryan, local media publication Premium Times reported. The decision was revealed two days before a previously scheduled hearing, marking the culmination of months of diplomatic interventions. However, the case against Binance itself continues...
The US financial regulator targeted TD Securities in a crackdown on alleged market manipulation. The SEC charged the firm with manipulating the US Treasury market using a practice known as spoofing. Besides this, the regulator charged TD Securities for failing to supervise its head trader, who allegedly executed hundreds of illegal trades over a 13-month
CoinShares, a digital asset manager in Europe, announced changes to its executive team. Group General Counsel Graeme Dickson stepped down. CoinShares' leadership team is now focused on finding a suitable replacement to steer the legal department during the transition period.Changes in the Executive Management Committee Dickson...