A recently released study by Bitget focusing on the upcoming Bitcoin halving event indicated a positive outlook as market conditions continue to recover. With the Bitcoin halving scheduled for April 2024, investors across the world are carefully analyzing its potential impact on their investment decisions. The research involved a diverse array of contributors hailing from...Read More
The topic of a potential Initial Public Offering by Ripple is not a new one. It’s been a heavily-discussed possibility amongst holders. Most recently, however, Brad Garlinghouse – the CEO of the company – made it clear that taking the company public was not a top priority. However, he also said that they had been...Read More
[PRESS RELEASE – Zug, Switzerland, February 4th, 2024] Partisia Blockchain, a pioneer in blockchain technology, is set to redefine engagement and foster community growth with the launch of its unprecedented 25 million MPC token AirDrop campaign. This strategic initiative comes ahead of the anticipated governance vote for MPC token transferability, marking a significant milestone in...Read More
Colin Murphy – an associate of Canada’s notorious “Crypto King” Aiden Pleterski – was sentenced to 5 months in prison on Friday for contempt of court in Oshawa, Ontario, Canada. Ontario Superior Court Justice Hugh O’Connell found Murphy in contempt for refusing to surrender his iPhone and for deleting its data when a search warrant...Read More
Individuals interested in cryptocurrency would likely be familiar with the term ‘Low-Cap Gem.’ These assets, alternatively known as ‘small-cap gems,’ are frequently regarded by experts as the most promising altcoins for the potential of substantial returns on investment. With a plethora of such projects available, it is crucial to choose those that are authentic. This...Read More
On January 29, Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, marked a momentous occasion by conducting the first-ever cross-border payment using the UAE Central Bank’s digital currency, the ‘Digital Dirham.’ The transaction, amounting to Dh50 million, was executed through the innovative ‘mBridge‘ platform, connecting the...Read More
Hester Peirce, a commissioner for the United States Securities and Exchange Commission (SEC), has expressed her disagreement with the agency’s denial of a petition to amend a rule that prevents defendants from denying any allegations in settlement enforcement actions. According to an official statement from the commissioner, popularly known in the digital asset community as...Read More
As Cardano (ADA) faces a downward spiral in its market value, many holders are seeking refuge in a rising rival token – Retik Finance (RETIK), currently priced at an attractive $0.1. This strategic shift in investment preference comes as ADA grapples with the threat of falling even further from its current position. The Decline of...Read More
Stablecoin issuer Tether experienced a “record-breaking” net profit surge, amounting to $2.85 billion in the fourth quarter of 2023. Around $1 billion of this profit stemmed from net operating gains, largely derived from interests in the US Treasury, with the remainder mainly coming from the appreciation of gold and Bitcoin reserves. Notably, there was a...Read More
The Indian crypto industry is seeking parity, urging fair regulations against foreign exchanges exploiting regulatory gaps amidst dwindling market share for local exchanges while investors face legal uncertainties. With unstable banking ties hindering operations, the sector is currently grappling with hurdles. However, India’s finance minister, Nirmala Sitharaman, refrained from providing any updates on the regulation...Read More
The US Securities and Exchange Commission made history in mid-January when it finally approved nearly a dozen spot BTC ETFs to launch on local exchanges after a decade of delays and rejections. There was a big price run-up ahead of the approvals that resulted in a highly positive Q4 ’23 for BTC. However, the landscape...Read More
Multiple altcoins with relatively large market capitalizations are going to see token unlocks in the upcoming days. These events are normally associated with fluctuating prices because of the shift in the dynamics of supply and demand. However, it’s worth noting that the entities behind them have been through multiple of these in the past years,...Read More
Bitcoin’s price actions in the past several days have been quite uneventful, with little to no movements after last week’s recovery from the sub-$40,000 dip. However, data from Santiment shows that some of the largest investors have been using this moment to move sizeable portions of their holdings. 🐳 #Bitcoin is ranging between $41K and...Read More
Not many cryptocurrency investors think of XRP as an Ethereum competitor. That would be blockchain coins like Solana, Cardano, BNB Coin for Binance Smart Chain (BSC), and Avalanche. Ripple Is A Real Ethereum Competitor XRP Ledger (XRPL), however, extends the RippleNet ecosystem. With it, the cross-border payments platform for easy foreign currency exchange and fast...Read More
Chainlink has surged ahead, leaping 9% to reach a price of $18.45, surpassing Tron (TRX) and achieving a market cap exceeding $10 billion. Chainlink (LINK) hits a 22-month high of $18, fueled by revived dormant wallets, reports Santiment. The influx of LINK back into circulation propels the market cap to over $10 billion, nearing Tron’s...Read More
A doctored clip of Australian mining magnate and businessman Andrew “Twiggy” Forrest on Facebook represents the newest addition to a series of deepfakes hijacking images of figures in deceptive advertisements, eroding trust in the media. Cybersecurity firm Cybertrace flagged the video Forrest, which appears to be promoting a fake crypto trading platform. Deepfake Deception The...Read More
One of the largest banking groups in Germany intends to launch crypto trading services for interested customers this year. According to a Bloomberg report, the cooperative financial group, comprising more than 700 local banks, a central bank, specialized service providers, and institutions, plans to enter the project’s pilot phase soon. DZ Bank to Lead Crypto...Read More
Meta’s metaverse unit – Reality Labs – recorded its most successful quarter to date despite sustaining significant financial losses. Its recently released Q4 report revealed that the division clocked over $1 billion in revenue in the last quarter of 2023, primarily driven by sales of its Quest headsets and the Ray-Ban Meta smart glasses. Reality...Read More
At the height of their success, Solana (SOL) and Shiba Inu (SHIB) both made headlines. They saw their value grow by over 10X in just weeks. However, for those who missed the boat, there is still a chance to claim some big wins with Pandoshi (PAMBO). What Is Pandoshi (PAMBO)? Pandoshi (PAMBO) is an innovative...Read More
Thailand’s Securities and Exchange Commission (SEC) has ordered cryptocurrency exchange Zipmex to suspend its trading and brokerage services temporarily. According to an official announcement, Zipmex’s services will remain suspended for 15 days until the firm fixes its financial position and operational issues. Zipmex Ordered to Halt Services The SEC revealed that it issued a letter...Read More
Cathie Wood’s asset management firm Ark Invest has predicted that the price of Bitcoin (BTC) could soar to $2.3 million if institutions allocated a substantial portion of their investable asset base to it. The asset manager made the prediction in its research report named Big Ideas 2024, explaining the hypothetical impact that institutional investments and...Read More
[PRESS RELEASE – New York, United States, February 2nd, 2024] Avantis Testnet saw more than $5.5 billion in trading volumes in just two months of testing since November, and the mainnet launch includes an industry-first product, Avantis Loss Protection Avantis, the next generation DEX for trading and market-making perpetuals for crypto and real world assets,...Read More
Cryptocurrency exchange Binance has frozen $4.2 million worth of XRP following the largest hack of 2024, which saw $112 million stolen from Ripple co-founder Chris Larsen’s personal wallet on January 31. Binance CEO Richard Teng announced the news on social media platform X, where he revealed that the exchange successfully froze the address of the...Read More
Crypto lender Genesis Global has settled with the U.S. Securities and Exchange Commission (SEC) in a lawsuit related to its bankrupt Gemini Earn lending program. As part of the deal, Genesis has agreed to pay a $21 million civil penalty, contingent upon the full repayment of customers during its ongoing bankruptcy proceedings. Genesis Agrees to...Read More
A trader has reportedly turned an initial investment of five Ethereum (ETH) into an impressive $3.3 million by strategically buying and selling the PORK token. The massive gain was accomplished through a well-timed investment in the recently launched PepeFork (PORK) cryptocurrency, according to analysts by Lookonchain. Trader Invests 5 ETH in PORK The trader initially...Read More
In a recent announcement, Binance, the world’s largest cryptocurrency exchange, revealed its decision to include Pyth Network’s PYTH token in its lineup of supported altcoins. This news sent ripples through the crypto community, especially as the price of PYTH surged by an impressive 25%, reaching $0.4923 shortly after the announcement Binance Lists PYTH Trading On...Read More
The Open Exchange, or OPNX, is closing down this month, according to an email sent to users. “We would like to inform you that OPNX.com will officially cease operations and shut down in February 2024.” Customers were advised to settle their positions by Feb. 7 and withdraw their money by Feb. 14. OPNX shutting down...Read More
In a court case that happened recently – and whose transcripts were made available today – the identities of those behind the $400 million FTX exploit that took place shortly after the bankruptcy was declared were uncovered. However, FTX was not the sole victim of the hacks. According to the court documents, a total of...Read More
[PRESS RELEASE – George Town, Cayman Islands, February 1st, 2024] InterWorld, a pioneering force in the digital economy, is excited to announce the launch of its native token, $ITW. The event is scheduled to commence on February 14th, 2024, and will be hosted on the GemPad platform, a renowned decentralized fundraising platform. The launch of...Read More
El Salvador’s Vice President, Felix Ulloa, affirmed on Wednesday that Bitcoin would continue to be legal tender in the country during President Nayib Bukele’s second term. The announcement follows the IMF’s request to reevaluate the cryptocurrency as legal tender during ongoing negotiations for a substantial billion-dollar loan. El Salvador’s Bitcoin Commitment Unwavering As El Salvador...Read More
