Connect with us

News

Meet us at AIPLA in Philadelphia and INTA in Boston

Published

on

IP conferences are all about networking. But who are the right firms and people to get in touch with? Patent-Pilot can help you to prepare for IP industry meetings, so you can make sure to make the most out of it. Meet us at AIPLA Spring in Philadelphia (May 14-16) and the INTA Annual Meeting in Boston (May 18-22).

Our software allows you to investigate the players in the patent industry with easy-to-use search functions and stream-lined dashboards – you are able to rapidly see tons of information about patent law firms, their clients, their partners, and their competitors.

Analyze the flow of work from the applicant to outside counsel to foreign counsel. Learn who the likely decision maker is – the law firm or the client. Understand client priorities and find new opportunities for them.

Source: https://www.patent-pilot.com/en/2019/05/03/meet-us-at-aipla-spring-and-inta/

Blockchain

Osprey Funds launches first-ever Polygon fund in the U.S

Published

on

The cryptocurrency market is witnessing a huge dump right now, one that was triggered by a sudden meltdown in global financial markets. Even so, many, including quite a few institutional investors, remain confident in the asset class. While the likes of Bitcoin and Ethereum have often stolen the limelight, of late, others have come to the fore. The example of Polygon (MATIC) is a case in point.

Crypto-asset management firm Osprey Funds is in the news today after it introduced its fifth digital asset investment product. According to an official press release,

Osprey Funds, LLC, a premier digital asset management firm, launches its fifth investment product of the year ​​― the Osprey Polygon Trust. It is the first U.S. fund to invest exclusively in MATIC, the native token of the Polygon network.”

The product will offer exposure to MATIC, the native token used on Polygon, an Ethereum Layer-2 blockchain network. According to Osprey CEO Greg King,

“Polygon is a disruptive layer-2 technology that gains from Ethereum’s secure network while mitigating common blockchain pain points, such as high gas fees and slow transactions.”

He added,

“We’re excited to offer investors a new way to tap into the growing Ethereum market via the Osprey Polygon Trust.”

The trust is available to accredited investors with a $10,000 minimum investment. Moreover, Osprey plans to list the fund on the over-the-counter OTCQX exchange “as soon as possible and has also agreed to waive the management fee for all investors until January 2023.”

This development comes just weeks after it launched its Solana Trust. Meanwhile, it also offers products tied to Bitcoin (BTC), Polkadot’s DOT, and Algorand’s ALGO tokens.

Polygon (MATIC) has seen a lot of traction both inside, as well as outside the (crypto) community. For instance, one of the world’s largest consulting firms, Ernst & Young (EY), has now partnered with Polygon to aid its Ethereum scaling.

Moreover, despite the current market being what it is, its on-chain metrics have painted a promising picture.

Its unique addresses (no. of ETH wallets holding MATIC) as well as total wallets held over time, have both seen a parabolic incline over time.

Source: Dune Analytics

The number of unique transactions too has played a positive role behind the coin’s surge since its inception.

It won’t be a surprise to see more firms jumping on this fast-paced bandwagon. For example, Grayscale Investments has also shared its interest in incorporating the said token under its belt.

Where to Invest?

Subscribe to our newsletter

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://ambcrypto.com/osprey-funds-launches-first-ever-polygon-fund-in-the-u-s

Continue Reading

News

XRP Lawsuit: Ripple’s appeal in the pre-clearance data dispute has been “DENIED”

Published

on

By

The latest update in the XRP lawsuit saw the court deny Ripple’s Motion to Compel SEC to produce documents reflecting the SEC’s trading preclearance decisions of SEC employees’ transactions in Bitcoin, Ether, or XRP, as well as annual certifications concerning SEC employees’ XRP holdings.

Ripple’s Privacy Act Argument falls flat

advertisement

In its opposition, the SEC had already argued that Ripple’s request has a “low bar of relevance” and is an “unjustified intrusion” into SEC’s employees’ sensitive financials. Ripple argued against SEC’s Privacy Act claims, stating that the defense only seeks aggregate and entirely anonymized data of narrow scope and of a limited timeframe. Ripple ascertains in its response that their motion to compel discovery possesses “no Privacy Act obstacle to the Court ordering production of this information.”

While the defendants appealed for anonymized or aggregated documents, the Court stated that the data related to Ethics Counsel’s preclearance decisions is not sufficiently probative. Furthermore, according to the Court’s decision, partially probative evidence cannot justify the intrusion into SEC employees’ financial conduct, even if anonymized, aggregated, or redacted.

The Court clarified that the Privacy Act protects information retrieved directly or indirectly from a system of records like the SEC’s Personal Trading Compliance System. However, the only way to discard the Privacy Act pursuant to a court order is by providing the court with evidence justifying the disclosure.

Furthermore, ‘the court must accord proper weight to the policies underlying…statutory protections, and…compare them with the factors supporting discovery in a particular lawsuit’. The Court order has also highlighted the defendants’ failure to display that such disclosure is justified in the XRP lawsuit.

The defendant’s annual certification appeal has also been denied through the existing Congress ban of “disclosure of such financial information through federal privacy statutes and regulations in order to maintain government employees’ privacy.” However, the Court directed the SEC to provide Defendants with data supporting SEC counsel’s statement during August 25, 2021, meet and confer that, after the formal order of investigation was issued as to Ripple on March 9, 2019, SEC employees could no longer trade XRP.

advertisement

Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://coingape.com/xrp-lawsuit-ripples-appeal-in-the-pre-clearance-data-dispute-has-been-denied/

Continue Reading

Blockchain

Bitcoin Price Analysis: BTC Faces Hurdles Near $44K

Published

on

  • Bitcoin price started a major decline below the $45,000 support against the US Dollar.
  • The price is now trading below $44,000 and the 55 simple moving average (4-hours).
  • There is a key bearish trend line forming with resistance near $42,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
  • The pair must settle above $44,000 to start a steady increase in the near term.

Bitcoin price is recovering higher above $42,000 against the US Dollar. BTC could extend gains if there is a clear break above the $44,000 level.

Bitcoin Price Analysis

Bitcoin price started a major decline from well above the $47,000 zone. BTC broke the $45,000 and $44,000 support levels to enter a bearish zone.

The price even spiked below $40,000 and settled below the 55 simple moving average (4-hours). It traded as low as $39,600 and recently started an upside correction. There was a break above the $40,000 and $40,500 levels.

The price climbed above the 23.6% Fib retracement level of the recent decline from the $48,825 swing high to $39,600 low. On the upside, an initial resistance is near the $42,500 level. The first major resistance is near the $43,000 level.

There is also a key bearish trend line forming with resistance near $42,850 on the 4-hours chart of the BTC/USD pair. The main resistance is forming near the $44,000 zone or the 50% Fib retracement level of the recent decline from the $48,825 swing high to $39,600 low.

A close above the $44,000 zone is needed for a fresh increase. In the stated case, the price is likely to rise steadily towards the $47,000 level.

An immediate support on the downside is near the $41,200 level. The first key support is near the $40,000 level. If the price fails to stay above $40,000, it could revisit the $39,600 support zone. Any more losses could open the doors for a move towards the $38,000 support zone.

Bitcoin Price

Bitcoin Price

Looking at the chart, bitcoin price is clearly trading below $44,000 and the 55 simple moving average (4-hours). Overall, the price must settle above $44,000 to start a steady increase in the near term.

Technical indicators

4 hours MACD – The MACD is now gaining momentum in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI is now well below the 50 level.

Key Support Levels – $41,200 and $40,000.

Key Resistance Levels – $42,500, $43,000 and $44,000.

Tags: bitcoin, BTC
Click here for Free Trial.
Source: https://www.livebitcoinnews.com/bitcoin-price-analysis-btc-faces-hurdles-near-44k/>

Continue Reading
Blockchain4 days ago

Over 40 days after Ethereum’s EIP-1559, here’s where it stands

Blockchain4 days ago

Cardano Sees an Influx in Smart Contracts ! But There’s a Twist

Blockchain3 days ago

After Targeting BlockFi, State Regulators Now Set Their Eyes On Celsius

Uncategorized3 days ago

NBA 2K22 Limitless Spot-Up and Chef Badges Explained

Uncategorized3 days ago

What is The Old Gym in NBA 2K22 Next Gen?

Uncategorized3 days ago

Best Dribble Pull-Up in NBA 2K22: Which to Use

Uncategorized4 days ago

NFTs Are the Building Blocks of the Metaverse — Here’s How It’s Being Built

Blockchain4 days ago

EY Taps Polygon Network to Improve Enterprise Clients’ Experience 

Blockchain3 days ago

Matic Price to hit $1.75 in the next leg up! Launch on Bitfinex to be the Catalyst?

Uncategorized4 days ago

Shiba Inu (SHIB) Rises to Range High

Blockchain3 days ago

Flux Pools autoriza o pagamento de ativos paralelos em mais de 300K Flux!

Uncategorized4 days ago

The Head of Diem wants you to trust Facebook, but is he fighting a losing battle?

News4 days ago

XRP Lawsuit: Here’s Why Experts Think Ripple Could Win the Case Against SEC

Blockchain3 days ago

All you need to know about MATIC before investing

Blockchain5 days ago

EY Integrates with Polygon Protocol: Advances NFT Issuance

Blockchain3 days ago

Smart Contracts Running on Bitcoin? Internet Computer Founder Explains How It’s Possible

Uncategorized1 day ago

PetPals, One Of The First Play-To-Earn NFT Web-Based Games Is Out Now

Blockchain4 days ago

Shiba Inu’s days in the sun may be over; here’s why

Uncategorized5 days ago

Solana (SOL) outperformed top 10 cryptos with $50 million in institutional inflows last week

Blockchain4 days ago

EOS: Why there’s a question mark attached to its long-term trajectory

Trending