Binance co-founder Changpeng Zhao (CZ) has denied speculation that the cryptocurrency exchange is up for sale. The former CEO has dismissed the claims as misinformation spread by competitors. Competitor Misinformation “Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao stated on February 17 in a post on X. “As a shareholder, […]
Founder: Jesse Shrader and Anthony Potdevin Date Founded: March 2021 Location of Headquarters: Nashville, TN Number of Employees: 10 Website: https://amboss.tech/ Public or Private? Private Jesse Shrader thinks that this will be an important year for the Lightning Network. With Bitcoin’s price on the rise and Tether (USDT) coming to Lightning, Shrader posits that more […]
Key Takeaways: ETH reserves on exchanges are at their lowest levels since 2016, signaling reduced sell-side pressure. Investors are increasingly moving ETH to cold storage for long-term holding, reflecting confidence in the asset’s future. Potential staking ETFs could further tighten the liquid ETH supply and boost its value as a primary investment asset. Ethereum is […]
A West Virginia lawmaker recently introduced a bill that, if passed, would enable the state government to invest up to 10% of public funds into Bitcoin (BTC), stablecoins and/or precious metals. Senate Bill 465 would greenlight the Board of Treasury Investments of West Virginia to invest in crypto assets with market caps of more than […]
Fold is set to make history as the first bitcoin financial services company to go public, trading on Nasdaq after completing a SPAC merger. Fold Hits Nasdaq Tomorrow—Bitcoin Finance Gets Its Moment Fold Holdings Inc. announced on Feb. 18 that it will debut on Nasdaq, making history as the first bitcoin financial services company to […]
Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs. How The Litecoin ETFs Could Drive LTC’s Price To $800 In a TradingView post, […]
The fund claims to offer “higher-beta” exposure to the growth of the Solana ecosystem as Grayscale continues to expand its suite of single-asset crypto funds.
The crypto market is buzzing with predictions about which digital coin might take the lead by 2025. As currencies like XRP and TRX grab headlines, a surprising contender has emerged from the shadows. This unexpected player is gaining traction and could potentially outshine its competition. The ongoing bull run only adds to the mix, making […]
Cardano gaining interest on market
After hitting an all-time high of $261 in January, Solana (SOL) has dropped nearly 60% amid the fading excitement of the meme coin market that once propelled its growth. As SOL trades below the $183 support-turned-resistance price level for the first time since November, questions arise about whether the blockchain’s reliance on speculative trading can […]
The Enforcement Directorate (ED) seized ₹1646 crore assets in a probe into a $2.4-billion ponzi cryptocurrency scam and plans to work with global …
TL;DR FTX Digital Markets will begin paying $1.2 billion to creditors with claims under $50,000 on February 18. Payments will be based on 2022 values, which has caused discontent due to Bitcoin’s price rise since the bankruptcy. The market impact remains uncertain, though some analysts expect part of the funds to return to cryptocurrencies. FTX […]
TL;DR Proof of Response (PoR) is a mechanism developed by NEAR AI to guarantee the availability and efficiency of services in decentralized networks. PoR allows users to verify the availability of services, sanctioning providers who do not respond within the established parameters. NEAR Protocol aims to optimize the operation of interconnected AI agent networks, ensuring […]
We’re already starting to see the seeds of second layer potential develop from the base layer primitives that have been added or optimized in the first decade. Lightning, while still subject to some pretty big limitations, is really starting to thrive. And that is just the limited first version that is currently specified and deployed. […]
Key Takeaways: Hyperliquid introduces HyperEVM, an Ethereum Virtual Machine, directly secured by the layer-1 blockchain. A bug bounty program with rewards up to $1 million aims to bolster the security and stability of HyperEVM. The integration of HyperEVM with Hyperliquid’s native components seeks to offer deep liquidity and low transaction fees. Hyperliquid is entering the […]
One of the co-founders of the controversial memecoin LIBRA says the project itself “sniped” the token right after it rolled out. In crypto trading, sniping refers to the practice of using trading bots or scripts to buy a newly launched coin ahead of big transactions or the entry of retail traders. Snipers get their edge […]
The volatile memecoin LIBRA was created by the same team behind US First Lady Melania Trump’s MELANIA asset, according to the blockchain analytics and visualization platform Bubblemaps. Argentinian President Javier Milei backed the launch of LIBRA, a token supposedly designed for “encouraging the growth of the Argentine economy.” LIBRA’s market cap soared to $4 billion […]
Bitcoin has remained below US$100k since February 7 after hitting its all-time high of US$109,114 in January. The coin has seen 81 days of consolidation amid low volatility and macroeconomic uncertainty. Institutional adoption continues with Abu Dhabi’s sovereign wealth fund investing US$436 million in BlackRock’s Bitcoin ETF while several US states explore Bitcoin reserves. Analyst […]
An analyst for the market intelligence platform CryptoQuant has predicted that bitcoin (BTC) could experience the “sell in May effect” in the coming months, even as the bull cycle remains unfinished. According to the report by Oinonen, BTC is expected to have a sideways summer and experience elevated price levels by the last quarter of […]
Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin […]
This week, the Libra memecoin sparked an international scandal involving the president of Argentina. To understand it, one must look back to June 2024.
A Google Web3 specialist for the Asia Pacific region recently disclosed that the tech titan has allied with pivotal Bitcoin network contributors to “lower entry barriers.” Among proposed innovations, the expert revealed plans to integrate existing Google authentication protocols with bitcoin wallets, potentially bridging mainstream digital identities with decentralized asset management. Google Specialist Says Tech […]
ADA price likewise recorded 126% growth
Robinhood is expanding its services to the Asian market, now setting its sights on Singapore as a base for its activities in the region. The trading platform plans to introduce crypto products in the country once it finalizes its $200 million acquisition of crypto exchange Bitstamp, a deal that was announced last year, Bloomberg reported. […]
Nigeria is amending regulations to allow cryptocurrency trading and digitized transactions to be taxed as it seeks to boost revenue.
Hundreds of new tokens flood the market now and then, making it difficult for investors to identify the altcoin with the best crypto presale. Adding to the mix are the rampant pump-and-dump schemes that have left many investors wrecked. Yet, none of this has stopped Degens and seasoned market participants from hunting for the next […]
Stablecoins could serve as a boon for US dollar adoption, according to the Atlantic Council, a nonpartisan think tank. Barbara C. Matthews and Hung Tran, senior fellows at the Council’s Geoeconomics Center, note in a new analysis that the $227 billion stablecoin market is “tiny” compared to the $6.22 trillion US capital markets and the […]
XRP is currently trading at $2.58, registering a 3.56% increase over the past week. In technical analysis, the RSI rebounded from 30, indicating a possible recovery, while the MACD shows a positive divergence, signaling a potential bullish move. Additionally, the SEC acknowledged an ETF application for XRP, boosting market optimism. The SEC and Its Impact […]
SUI is facing mounting pressure as bearish sentiment continues to dominate the market, driving its price toward a critical retest of the $2.8 support level. This key price point has become a focal point for traders and investors, as it could determine the token’s short-term trajectory. Recent market trends have seen SUI struggle to regain […]
FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings.
TL;DR Pi Network’s upcoming Open Network launch has sparked speculation, with major exchanges preparing to embrace the token and Binance considering a listing through a community vote. While some predict Pi could reach $314, its large supply makes such valuations unlikely, as it would require a market capitalization nearly ten times the entire crypto market’s […]
Australia’s financial crimes watchdog, AUSTRAC, has written to over 50 companies, including many involved in the crypto industry, over their failure to meet their reporting requirements under Australia’s anti-money laundering and counterterrorism financing laws. AUSTRAC said it’s already taken action against 13 crypto exchanges this year for failing to disclose the criminal histories of key […]