On May 11, the American businessman and television personality said if Joe Biden loses the presidential election, “there is a good chance you will be able to thank Gary Gensler and the SEC (Securities and Exchange Commission).” “Crypto is a mainstay with younger and independent voters,” he said before adding that SEC Chair Gensler “has […]

Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from external financiers. Lesaka Technologies to Issue Shares […]

Did the hacker get cold feet now after blockchain sleuths started working to track them down?

JPMorgan Chase is preparing for the prospect that its assets in Russia will officially be seized, according to a new report. In a new filing, the bank says lawsuits in Russian and US courts may trigger an incoming seizure of the firm’s assets in the country, reports Reuters. Two weeks ago, a Russian court sided […]

Crypto's Role in Ensuring Economic Equality. As the world grapples with economic inequality, cryptocurrency emerges as a viable solution to help …

Cardano (ADA) looks primed to make that move to the upside, with crypto analyst Javon Marks revealing what could make the crypto token see a 15x increase in its price. Marks’ analysis comes amidst recent price predictions, which paint a bullish outlook for Cardano.  How Cardano Could See A 15x Increase In Its Price Marks […]

Although the altcoin market cap has declined nearly 20% over the past month, traders remain bullish, anticipating that an “explosive rally” phase is yet to come.

Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of the trust’s assets. Ark Invest and 21shares Modify Ethereum ETF Proposal, Omit Staking […]

Insane Cardano (ADA) updates just launched on mainnet

There’s a buzz in the crypto trading community surrounding two standout tokens: VELO and UMA. VELO, often dubbed the “XRP of South East Asia,” has seen an impressive surge in its price, gaining 358% in just six weeks. Meanwhile, UMA has caught the attention of traders with a significant 50% increase in value over the […]

Founder and former CEO of Digitex Futures Exchange, Adam Todd, has pleaded guilty to willingly leading the firm to fail to establish an Anti-Money Laundering (AML) program. Notably, the former CEO’s plea was issued in a federal court in the Southern District of Florida on May 7. Former Digitex CEO Pleads Guilty The U.S. Attorney’s […]

JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the persistent downturn in the crypto market, resulting in BTC’s price dipping slightly above $60,000.  US Financial Banks Expose […]

Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms.

New data reveals that the overall trading volume of centralized crypto exchanges (CEXs) plummeted in April after six consecutive months of gains. According to blockchain tracker CCData, the combined volume of spot market and derivatives trading on centralized exchange platforms fell by a staggering 43.8% to $6.58 trillion. The firm’s charts indicate that in March, […]

New speculation is swirling within the cryptocurrency market regarding banking giant Citi's potential involvement with select projects.

According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are worldcoin (WLD), cheelee (CHEEL), starknet (STRK), and saga (SAGA) which were all launched in 2023 or 2024. However, among the top 300 cryptos, 74 have […]

Staking infrastructure provider StaFi successfully integrates LRT cryptocurrency by EigenLayer to advance liquid restaking accessibility

Maelstrom Fund, an early-stage crypto investment fund operated by Arthur Hayes’ family office, is expressing bullish sentiment on a relatively new blockchain oracle digital asset. The early-stage fund says that Chainlink (LINK) rival Flare (FLR) is “likely undervalued” currently. “Chainlink’s early mover advantage has given it a sizable head start, with countless projects having already […]

TL;DR Base’s Leadership in SocialFi: Base, an Ethereum L2 solution, now handles 46% of all SocialFi transactions, surpassing BNB Chain and Polygon, and is backed by Franklin Templeton’s declaration of the upcoming “Base Season.” Strategic Growth and User Engagement: Base’s strategic initiatives have led to a daily transaction volume of 1.48 million and a TVL […]

In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), 32.3K AAVE ($2.43M), and 5.56M […]

TL;DR Bitcoin kicked off 2024 on a high note, achieving a record high over $73,500, though it later dipped to around $63,000. A new bull run may hinge on factors like technological advances, adoption rates, and global events. Key influences on BTC’s future price include potential changes in the US Federal Reserve’s interest rate policies […]

Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2400% price increase year-to-date.  While Bitcoin (BTC) and other major cryptocurrencies experience price corrections, the Akash Network and its native token are surging at a remarkable pace. […]

The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.

These airdrops are often used as a marketing strategy to increase awareness and ownership of a new cryptocurrency.

The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill proposes to conduct a study on the issue […]

Upcoming inflation data could awaken ‘sleeping giant,’ propelling XRP price higher

A widely followed crypto trader says that the build-up to the US presidential election in November could send two memecoins soaring. Pseudonymous crypto analyst Altcoin Sherpa tells his 216,000 followers on the social media platform X that meme tokens MAGA (TRUMP) and Jeo Boden (BODEN) could outperform due to election year excitement. TRUMP is inspired […]

Over the past few weeks, the price of VeChain (VET) has struggled to live up to the promise and vigor it showed at the start of the year. This has been the story with a significant portion of the cryptocurrency market, with several large-cap altcoins down by double-digits in the past month. However, the VeChain […]

Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.

TL;DR Jack Dorsey makes a bold prediction about the price of Bitcoin: $1 million by 2030. He bases his prediction on the collaborative nature of the BTC ecosystem, where each individual contributes to its value increase. Dorsey backs his confidence in BTC with concrete actions, as he will allocate 10% of his company Block’s profits […]

TL;DR Optimism’s Growth: As a Layer 2 solution on Ethereum, Optimism enhances scalability with a Total Value Locked (TVL) of over $300 million. It supports major DApps and consistently generates revenue, with a focus on simplicity and ecosystem growth. Price Predictions: Price forecasts for OP vary, with predictions for 2024 ranging from $2.60 to $12.31. Long-term […]

The crypto market is a whirlwind of innovation. Established projects continue to evolve, while new ventures emerge daily, pushing the boundaries of what’s possible. Identifying these up-and-coming cryptos with the potential to multiply your portfolio can be a game-changer.  Look no further, because this article explores three exciting new players poised for significant growth: Frontier […]