The Stellar (XLM) price has fallen since November 13 and trades close to a critical horizontal support area at $0.11. The reaction to it will be paramount in determining the future trend. Will XLM bounce or break down? Stellar Fails to Sustain Increase The technical analysis from the weekly timeframe shows that XLM has increased […]
Crypto investor Brian Kelly says that Bitcoin’s (BTC) market cap could soar 10x if investors start preferring the king crypto over gold. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says that he is bullish on Bitcoin for several reasons, including a possible approval of […]
Blast, a brand new Ethereum Layer 2 network, has drawn a startling amount of interest and security concerns due to a surge of investors using the network to bridge their assets. Blast Hits $123 Million In TVL Blast recently announced its mainnet access on X (formerly Twitter). The L2 network built by Pacman Blur has […]
The Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued.
Bittrex crypto to shut down months after winding down operations in US
Binance has agreed to enter into a historic corporate settlement by paying over $4.3 billion to settle charges brought by the US Department of Justice (DoJ). The crypto exchange will also remit an additional $2.85 billion to settle with the US commodities regulator. A Historic Corporate Settlement in the US Officially confirmed yesterday (Tuesday), $3.8 […]
The world's largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government, …
PeckShield revealed that over $86.6 million in digital assets were moved from the HECO Chain bridge to addresses raising suspicion. The blockchain security firm said the bridge was compromised, and the transaction was initiated by the operator, indicating a potentially compromised operator. The latest breach is the second recent incident tied to Justin Sun’s projects. […]
An analyst has pointed out how Chainlink might be breaking out of a bull flag right now, which could suggest a rally toward $20. Chainlink Is Escaping Out Of A Bull Flag Pattern Currently In a new post on X, analyst Ali pointed out a breakout that may be forming in the LINK price chart. […]
The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.
The SEC recently met with Grayscale Investments to discuss its bid to convert the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. According to a memo published by the SEC, the meeting took place between Grayscale principals including CEO Michael Sonnenshein and CFO Ed McGee, and officials from the SEC’s Division of Trading and […]
Exciting announcement made for XRP and Shiba Inu holders by Japanese crypto exchange
In a new twist to the ongoing saga between crypto lenders and exchanges, Genesis Global Capital, which filed for bankruptcy in January, has launched a lawsuit against the cryptocurrency exchange Gemini. The legal action seeks to recover a substantial sum of $689 million in preferential transfers, according to court documents filed on November 21. Legal […]
The firm behind the second-largest dollar-pegged crypto asset by market cap is launching a new token standard for their stablecoin. According to a new announcement, Circle is introducing the Bridged USDC Standard, a new standard and process for deploying a bridged form of USDC on Ethereum Virtual Machine (EVM) blockchains. Circle says that the bridged USDC […]
Binance CEO and founder, Changpeng Zhao set to plead guilty to violating U.S. anti-money laundering laws; Zhao is expected to step down and pay …
The crypto rumor mills have been abuzz lately with talk of JPMorgan, a US megabank, secretly buying XRP tokens. This rumor has gained ground and in the course of its spread, has garnered the attention of the crypto community as they dissect it. JPMorgan Reportedly Buys 7.5 Million XRP The first reports of this rumor […]
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down.
Libra creator David Marcus has put forth a compelling argument asserting that the Lightning Network is the singular solution to scale Bitcoin effectively. Marcus, a prominent figure in the cryptocurrency space, contends that alternative blockchain products either exhibit excessive centralization or lack the necessary security measures. Marcus Advocates for Lightning Network In a post on […]
As the November 24 date approaches, Avalanche (AVAX) investors are cautiously anticipating an upcoming unlock of nearly 10 million tokens that could have a significant impact on the market. The scheduled event will release 9.54 million AVAX, representing approximately 2.68% of the circulating supply. This move will be of great importance as these tokens will […]
Another cryptocurrency exchange has just announced that it is disappearing from the market. Bittrex Global, originating from Liechtenstein, will suspend trading and operations in US dollars from the beginning of next month. This occurred after the US Securities and Exchange Commission’s (SEC) actions that began in April led to the closure of the platform’s distinct branch […]
A widely followed analyst and trader is turning bullish on OpenAI founder Sam Altman’s Worldcoin (WLD) project. The analyst pseudonymously known as The Flow Horse tells his 186,800 followers on the X social media platform that Worldcoin is showing strength despite the unfolding Altman drama. On Friday, Altman was reportedly ousted from OpenAI and later […]
The total value locked (TVL) on the decentralized social finance (SocialFi) application Friend.tech fell 19% in a few days as user adoption slows down. Friend.tech, which launched in August, is built on Base, an Ethereum (ETH) scaling solution supported by the Coinbase crypto exchange. The application allows users to tokenize themselves by selling shares or […]
The U.S. Justice Department, Treasury and CFTC reportedly plan to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21.
1.12 million in cryptocurrency has been seized as part of a national and international investigation into money laundering and fraudulent text …
Decentralized finance (DeFi) activity on Ethereum is picking up momentum based mainly on how gas fees have been trending in the first three weeks of November, data from Kaiko shows. Even so, despite Uniswap (UNI) spearheading the revival, looking at the gas attributed to its activities over this period, UNI prices remain stagnant below $5.6, with […]
The global division of Spanish financial institution Banco Santander – Santander Private Banking International – has reportedly introduced a new feature that enables customers with Swiss accounts to engage in the investment and trading of Bitcoin (BTC) and Ethereum (ETH). Given Banco Santander’s extensive history of more than 160 years and its broad customer base […]
Real Vision CEO Raoul Pal thinks Bitcoin’s (BTC) rally is all about the global liquidity cycle. In a new analysis, the former Goldman Sachs executive lays out how he believes crypto is tied into the traditional macroeconomic framework. “Below you will find a chart of ISM (our preferred barometer for the business cycle) versus what […]
Investing legend Ray Dalio is warning that the United States is at a point where its enormous debt could become out of control. In a new CNBC interview, the billionaire says that the country is not generating enough revenue to meet financial obligations. “The longer term is that we are at a point in which […]
Phoenix Group’s IPO concluded with 33-fold oversubscription in UAE
The financial underpinnings of Hamas reveal a nuanced strategy involving global transactions and the exploitation of cryptocurrency. With an estimated annual income exceeding $1 billion, Hamas relies on physical force, ideological influence, and a diverse income stream located overseas. A significant portion of this income, around $750 million annually, comes from foreign sources. Cryptocurrency, particularly […]
On November 19, 2023, Argentine voters elected Javier Gerardo Milei, an Austrian economist known for his candid and unconventional style, as their new president. He ran on a platform promising substantial reforms: cutting spending, reducing government intervention, addressing inflation, and eliminating the central bank. Milei’s path to victory was unexpected. In the general elections, he […]