
Ethereum Soars 5% After SEC Ends Investigation; Whale Activity Increases
Jun 19, 2024 08:15 am UTC| Technology Digital Currency
The price of Ethereum (ETH) surged by 5% following the SECs announcement that it would conclude its investigation into Ethereums security status. This development, coupled with significant whale activity, has boosted...

XRP Community Outraged as SEC Grants Ethereum Free Pass on Security Status
Jun 19, 2024 08:11 am UTC| Technology Digital Currency
The XRP community, led by prominent member Bill Morgan, has expressed outrage over the SECs preferential treatment of Ethereum, urging Ripple to take legal action. Despite these grievances, XRPs price remains...

BYD Challenges Hyundai, Kia in South Korea with $25,000 Seal EV Debut
Jun 19, 2024 05:41 am UTC| Business Technology
BYD Auto Co. plans to enter the South Korean EV market with its $25,000 Seal EV, potentially disrupting Hyundai and Kias lead. BYD Targets South Korean EV Market Per Yonhap News Agency, industry watchers forecasted...

Hashdex Proposes Hybrid Bitcoin and Ethereum ETF for Diverse Crypto Exposure
Jun 19, 2024 05:08 am UTC| Technology Digital Currency
Hashdex, a Brazilian crypto asset manager, has proposed a hybrid Bitcoin and Ethereum ETF, offering investors diversified exposure to the top cryptocurrencies. This innovative ETF aims to enhance investment opportunities...

SEC Ends Ethereum Probe: Victory for Consensys and Blockchain Developers
Jun 19, 2024 04:54 am UTC| Technology Digital Currency
The U.S. Securities and Exchange Commission has concluded its investigation into Ethereum, deciding not to classify ETH sales as securities transactions, according to a recent announcement by Consensys. SEC Concludes...

IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility
Jun 19, 2024 04:46 am UTC| Technology
The IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles, offering up to $7,500 in potential savings. Key updates include relaxed requirements for battery material sourcing,...

Meta Faces US Lawsuit from Australian Billionaire Forrest Over Scam Crypto Ads
Jun 19, 2024 04:38 am UTC| Technology
Meta Platforms must face a lawsuit from Australian billionaire Andrew Forrest over Facebook ads promoting fraudulent cryptocurrency investments, a U.S. judge ruled on June 17. Judge Denies Metas Motion to Dismiss Andrew...
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