On April 1, the macroeconomics outlet Kobeissi Letter released the key events for this week’s busy economic calendar in the United States. As crypto markets brace for another data-heavy week, volatility could return, with Bitcoin approaching resistance levels at its all-time high. Crucial job market reports are scheduled to be released on Friday, and Fed...Read More
Meme coin hype has dominated crypto social media recently as more seemingly worthless tokens were pumped over the weekend. Industry observer “L” told their 46,000 X followers on April 1 that it is “obvious” that the meme coin craze is retail-driven. “Meme coins are the clear indicator of whether retail is here. It’s obvious to...Read More
After displaying a neutral trend for about a week, the SOL price has successfully regained momentum and recorded a jump of approximately 7% over the past seven days, indicating an increase in the bull power within the crypto market. The Solana token has successfully concluded the month of March on a positive note by adding...Read More
Crypto crimes are on the rise across the world, especially with the market-wide boom. Elderly individuals, for one, are one of the most targeted groups, preyed on by fraudsters who convince them through different means to exchange their funds for crypto while promising substantial investment gains. This has prompted authorities to intensify their crackdown. In the...Read More
The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services and technology sectors in Russia, particularly those involved in virtual assets, enabling evasion of US sanctions. The enforcement agency claimed that these individuals and entities played a crucial role in...Read More
[PRESS RELEASE – NY, US, March 31st, 2024] The growing fascination with meme coin projects within the Solana blockchain ecosystem is highlighted by the swift increase in market capitalization seen across several projects. With the price of Solana holding strong at around $180 per SOL, the platform showcases its ability to facilitate the rapid rise...Read More
The cryptocurrency market continues to demonstrate its vibrant and ever-evolving nature, with significant movements across major coins and the emergence of new tokens offering unique value propositions. Among these, Bitcoin (BTC) has once again crossed the significant $70,000 threshold, reflecting the market’s resilience and the sustained interest of investors. Meanwhile, Solana (SOL) edges closer to...Read More
Mike Novogratz’s digital asset financial services firm Galaxy Digital posted a net income of $296 million for the full year 2023, according to its recently released financial statement. This was a significant turnaround after a $1 billion loss in 2022. The company said that Q4 of 2023 was particularly game-changing for the company. In its...Read More
United States Treasuries worth over $1 billion have been tokenized on-chain across Ethereum, Polygon, Solana, and other blockchains. The milestone was propelled by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund. US Treasurys Worth $1.08B Tokenized BlackRock’s Ethereum-based product, BUIDL, was introduced on March 20 and has surpassed a market capitalization of...Read More
[PRESS RELEASE – Brno, Czech Republic, March 31st, 2024] Maitreja, a trailblazing technology non-profit, is poised to revolutionize social networking and application development with its emphasis on user empowerment, authentic connections, and blockchain technology integration. At the heart of its initiative is Mait.me, a pioneering social network platform, accompanied by a dynamic suite of mobile...Read More
The US and UK authorities have ramped up their crackdown on entities linked to terrorism financing via crypto after the October 7th attacks on Israel. As such, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) imposed fresh sanctions earlier this week on two individuals and...Read More
The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday,...Read More
The Financial Conduct Authority (FCA) in the UK has declared its intention to address meme-based marketing for financial products by releasing guidelines for financial services firms and social media influencers. The FCA’s latest report comes after its announcement last month that it will take action against firms engaged in illegal financial promotions. FCA Releases Guidelines...Read More
Shiba Inu, a popular cryptocurrency, is poised for a substantial rally, according to leading market analyst Xanrox. Amidst its recent recovery from losses, crypto analyst Xanrox predicts SHIB could reach a new all-time high (ATH) by July, anticipating further parabolic price surges. Is a 300% surge incoming? Let’s find out. Shiba Inu’s Resilience Amidst Market...Read More
On March 29, the firm announced its Grayscale Dynamic Income Fund (GDIF) stating that it is its first actively managed investment product. Grayscale added that the new fund aims to optimize income in the form of staking rewards associated with proof-of-stake crypto assets. It is the latest effort from the world’s largest crypto asset manager...Read More
The TRON network accounted for 45% of all illicit volume in 2023, according to data released by analysts at blockchain forensics firm TRM Labs. TRM Labs released a report titled “The Illicit Crypto Economy” on Wednesday shedding light on the key trends in 2023 related to illicit activities and funds in the crypto space. TRON...Read More
Enter the realm of Bitcoin ETFs, a burgeoning trend that recently gained significant momentum, particularly following the recent approval by the US SEC of approximately 11 Bitcoin Spot ETFs. The monthly analysis, which delves deep into the performance of both Bitcoin Futures ETS and Spot ETFs, aims to provide invaluable insights for all, including newcomers....Read More
Bitcoin’s price has been up by more than 60% since the start of the year and it already broke its 2021 all-time high of $69,050 and charted a new one of almost $74,000. What’s most impressive about this milestone is that the latest peak came ahead of the fourth halving for the first time ever....Read More
The chances of Bitcoin facing a sell-side liquidity crisis in the next few months are very high due to demand for the digital asset soaring to unprecedented levels. According to a weekly report from CryptoQuant, analysts expect the present Bitcoin sell-side liquidity inventory to cover demand for six to twelve months. Conversely, a plunge in...Read More
A meme began making its way around crypto Twitter earlier this month, pointing out that Bitcoin now has the number of active users that the Internet had in 1997. But the reality is even more interesting: Bitcoin most likely has far more users today than the Internet had the year Amazon debuted on Wall Street....Read More
Have you ever wondered what keeps the crypto market afloat during volatile times? Introducing stablecoins, the game changers of the crypto world! This Coinpedia guide is your key to unlocking the secrets of the top stablecoins. We’ll crack open the vault and reveal the power players in the market, put price stability under the microscope,...Read More
Tigran Gambaryan, a top executive at Binance, has taken legal action against the Office of the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC) in Nigeria. According to a Reuters report, Gambaryan, an American citizen, has filed a Fundamental Rights suit alleging wrongful detention by Nigerian authorities. Unjust Detention and Court...Read More
The Hong Kong-based crypto exchange HKVAEX, reportedly associated with Binance, withdrew its license application from the Securities and Futures Commission of Hong Kong (SFC) on March 28th. HKVAEX announced its intention to apply for a license in October last year while clarifying that it operates as a distinct entity from Binance under BX Services Limited...Read More
In the rapidly fluctuating landscape of cryptocurrencies, several tokens have shown remarkable resilience and potential for significant gains. This article delves into the performance of Ripple, Ethereum, and a unique entrant, Furrever Token, amidst a general market downturn. While traditional giants like Ethereum and Ripple navigate through market volatilities with strategic steadiness, Furrever Token emerges...Read More
Tokens linked to artificial intelligence (AI) projects are once again soaring, riding the bullish wave of the broader crypto market. The latest analysis by Santiment also highlighted a similar trend. The crypto analytic platform’s findings revealed an impressive growth in the market cap of AI and BigData projects. AI and Big Data Market Cap Soars...Read More
Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin which trades at an unjustifiable premium to the digital asset that drives its value,” the company stated. MicroStrategy’s shares witnessed a notable 14% decline on Thursday following the...Read More
[PRESS RELEASE – London, United Kingdom, March 29th, 2024] Scorpion Casino’s presale has accumulated nearly $10 million to date. As the presale nears its end, the platform has announced another push of its $250,000 giveaway and the team hopes to further engage participants and attract additional investment. $SCORP Token at the Core of Presale Success...Read More
Vitalik Buterin, the co-founder of the Ethereum network, believes meme coins can become higher quality projects that contribute positively to the crypto ecosystem and the world around them, squashing the narrative that such tokens are useless, racist, and sexist. According to a new report titled “What Else Could Meme Coins Be?,” Buterin looks forward to...Read More
Bitcoin has been trading around $70,000 after a major retracement that dragged the leading crypto asset below $63,000 briefly. Despite a few flat trading sessions, data reveals that a pump could be in the offing that could further trigger a new wave of buying pressure. CryptoQuant’s latest analysis reveals a remarkable surge in USDC deposits,...Read More
[PRESS RELEASE – São Paulo, Brazil, March 29th, 2024] Acura Capital, a leading Brazilian Web2 funds with $1.8 billion in assets under management and $3 billion under custody, announces a new product to be launched with its close Web3 ally — Patex, the largest blockchain ecosystem for Latin America. Acura Capital is excited to unveil...Read More
