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A class-action lawsuit filed by Dogecoin investors against Elon Musk has come to an end. The group accused the Tesla CEO of manipulating the meme coin’s price in 2021, alleging fraud and insider trading.
However, they have now withdrawn their appeal following the dismissal of their case on August 29.
Both Parties of the Dogecoin Lawsuit Have Now Dismissed Their Claims
According to a...
Elon Musk named Microsoft and other defendants in his ongoing lawsuit against OpenAI. In court documents, Musk claimed that OpenAI sought to launch a cryptocurrency in 2018, which he rejected.
OpenAI representatives posted years-old correspondence with Musk, citing his full knowledge of their struggle to fund massively capital-intensive research.
Elon Musk vs OpenAI
In the latest court...
The US Attorney’s Office for the Southern District of New York (SDNY) will scale back its crypto prosecutions. However, the office will finish a few prominent cases like Sam Bankman-Fried’s appeal.
Although the office won’t ignore crypto cases, it would reduce the resources and the number of lawyers working on these prosecutions.
A New Attorney for the SDNY
Donald Trump announced...
The second week of November 2024 has seen a surge in crypto whales’ activity, with large-scale investors strategically accumulating key altcoins amid improving market conditions. As the cryptocurrency market experiences heightened volatility, these substantial transactions could indicate a shift in sentiment or anticipation of better price performance.
The altcoins are drawing significant...
Greenidge Generation Holdings Inc. will continue operating its crypto mining facility in Dresden, New York, after a court ruling overturned a state agency’s attempt to block its operations.
On November 14, the New York Supreme Court sided with Greenidge, nullifying the state Department of Environmental Conservation’s (DEC) decision to deny the company’s Title V Air Permit.
Greenidge...
Undeniably, there has been a broader market pullback over the past couple of days. However, several AI-focused tokens have managed to post gains despite the downturn.
In this analysis, BeInCrypto highlights three AI coins with significant price growth.
AIOZ Network (AIOZ)
AIOZ, the native token of the AIOZ Network—a decentralized platform that leverages a global network of nodes to...
Pepe’s Coinbase listing pushed its price to an all-time high of $0.000025 yesterday, November 14. However, due to the broader market correction, it has witnessed an 8% pullback over the past 24 hours.
Despite the dip, bullish sentiment around the meme coin remains strong. This suggests a potential revival of its uptrend and an attempt to reclaim its all-time high.
PEPE Traders Anticipate...
The market cap of Solana-based meme coin Moo Deng (MOODENG) has surpassed $600 million following a 40% price increase in the last 24 hours. The milestone also saw the cryptocurrency’s value rally to a new all-time high of $0.63.
Interestingly, this development comes amid a sideways market movement, suggesting that the meme coin has decoupled from the broader trend. What’s next for the token...
Shiba Inu (SHIB) price has experienced a remarkable 65% surge in the past week, attracting significant attention from both retail and institutional investors. However, following this rally, SHIB has seen a sharp pullback, bringing it to a critical support level at $0.00002411.
This price action has raised concerns, particularly regarding the behavior of long-term holders (LTHs), whose actions...
Brett (BRETT) has bucked the general market trend in the past 24 hours. During that period, the meme coin’s value has risen by 10%, positioning itself as one of the top gainers among digital assets. It has outperformed leading assets like Bitcoin (BTC) and Ethereum (ETH), whose values have plunged by 4% and 5%, respectively.
With surging buying pressure, the BRETT token price may be on the...