Topic: crypto

The post What’s Going On in the Ripple vs SEC Lawsuit? Pro-XRP Lawyer John Deaton Explains appeared first on Coinpedia Fintech News The never-ending legal battle between Ripple and the U.S. SEC is back in the news — and pro-XRP lawyer John Deaton recently broke down exactly what’s happening. What’s This Settlement About? The SEC and Ripple have reached a proposed settlement. In it: The SEC wants to lower Ripple’s penalty from $125 million to $50 million …

The post Can Pi Network Price Hit $10? appeared first on Coinpedia Fintech News The Pi Network community is facing tough times as the price of its native token recently dropped below $0.50, even touching $0.40. This sudden fall created panic among holders, with many unsure whether to sell or wait for a possible recovery. However, the price has now bounced back, gaining 6% in the last 24 hours. …

The post XRP Lawsuit Could End Soon, Ripple Lawyer Predicts 70% Settlement Chance appeared first on Coinpedia Fintech News After over four years of legal battle, the Ripple vs SEC case could finally be over. Both parties have recently filed a joint motion to settle. Ripple aims to unlock $125 million from escrow, $50 million would go to the SEC as a civil penalty, and $75 million would return to Ripple. The goal is …

The post Tornado Cash Developer Says DOJ Is Blocking Fair Trial  appeared first on Coinpedia Fintech News Roman Storm, the co-founder of Tornado Cash, is facing major hurdles ahead of his July 14 trial. Storm says that the U.S. Department of Justice is making it hard for him to defend himself in court. He had called six expert witnesses to support his defense, but the DOJ rejected five entirely and placed strict …

The post Crypto Market Faces $190M Liquidation—But Signs Hint at Upcoming Rally appeared first on Coinpedia Fintech News The crypto market just went through another heavy blow, with over $190 million lost in liquidations in the past 24 hours. Bitcoin fell hard yesterday, due to the ongoing geopolitical tensions triggered in the Middle East.  Some altcoins are showing signs of life, short sellers are being wiped out, and analysts believe a bounce could …

The post Solana ETF Update: Several Fund Managers Files Updated Form S-1 With U.S. SEC appeared first on Coinpedia Fintech News Several fund managers have heeded the request from United States Securities and Exchange Commission (SEC) to file amended form S-1 for their respective spot Solana (SOL) ETFs. On Friday, all fund managers seeking to offer spot Solana ETFs filed amended Form S-1. On the top list of fund managers seeking to offer spot Solana ETFs …

The post GameStop Upsizes Convertible Senior Notes Offering From $1.75B to $2.25B  appeared first on Coinpedia Fintech News GameStop Corp. (NYSE: GME) has announced the pricing of its upsized sale of convertible senior notes due 2032. The established gaming retailer up-scaled its sale of notes from $1.75 billion, announced earlier this week, to about $2.25 billion. The company also announced that initial purchasers of the notes will be given an option to purchase …