Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court, including claims by retail investors in […]
Thanks to recovering market, numerous assets might return in uptrends
Grab users can now pay in cryptocurrency following a partnership between the tech company and licensed payments provider Triple-A.
After prolonged delays, Cardano introduces its first fully fiat-backed stablecoin, USDM by Mehen, which launched 17 March. Unlike algorithmic stablecoins, USDM is backed 1:1 by US dollars, offering direct exchange for USD with transparent, high-quality reserves. Despite the introduction of USDM, ADA’s price faces a downward trend, losing almost 15% week-on-week. Meanwhile Cardano leads in […]
Changpeng “CZ” Zhao, the founder of cryptocurrency exchange Binance who stepped down as CEO in November in a settlement over federal money laundering charges, announced plans Monday to launch a new nonprofit online education platform called Giggle Academy. “Let’s make basic education accessible and entertaining to children all around the world,” he wrote on Twitter, […]
Asset management firm Fidelity wants traders of its proposed spot Ethereum exchange-traded fund (ETF) to be able to stake their assets upon the product’s approval. The financial giant included the request in an amendment of its November 17 application to launch a spot Ethereum ETF in the United States. Fidelity Includes Staking in ETF Proposal […]
A federal court in Nigeria has ordered Binance to disclose the data or information of all persons on its platform from the country to the Economic and Financial Crimes Commission (EFCC). The interim order by Justice Emeka Nwite came with the ruling on the ex parte motion moved by the lawyer representing the anti-corruption body. […]
Bitcoin’s recent downturn has prompted renowned crypto analyst Willy Woo to offer a fresh perspective on the cryptocurrency’s future trajectory. Woo’s analysis, based on the surge in Bitcoin’s Macro Index, suggests an optimistic outlook for the leading digital currency, potentially indicating a pivotal shift in market dynamics. Unveiling Bitcoin Double Pump Prediction Willy Woo, a […]
Starbucks is shutting down its loyalty program that rewards participants with non-fungible tokens (NFTs) minted on the Polygon (MATIC) blockchain. The world’s largest coffeehouse chain rolled out the Starbucks Odyssey program for beta testing in December 2022. Members complete themed activities to earn NFTs called “Journey Stamps” and bonus points to access benefits and interactive […]
A closely followed crypto strategist thinks that it’s about time for Bitcoin (BTC) to steal liquidity from altcoins. Pseudonymous analyst Credible tells his 382,300 followers on the social media platform X that a parabolic rally to a six-figure price tag is in sight for Bitcoin. “It’s time for alts to make way for king BTC […]
While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to crypto enthusiasts, advocates for gold predict that the metal will continue its upward trajectory, potentially reaching the $2,600 […]
Solana (SOL) previously rose to new yearly highs of $209 before price dipped
Explore the latest trends in the cryptocurrency market, including the notable drop in Dogecoin (DOGE) value and the successful completion of …
TL;DR Bitcoin’s Surge and ‘Danger Zone’: Bitcoin has hit the $67,000 mark again, driven by ETF demand and anticipation of the upcoming halving event. However, it’s nearing a ‘danger zone’ typically marked by pre-halving retraces. Historical Retraces and the Halving Event: Historically, Bitcoin has experienced a decline in value, or retrace, leading up to its […]
The value of Frontier token ($FRONT) has surged to its highest point in over a year, experiencing a remarkable 200% increase in the past seven days. According to on-chain data from spotonchain, Whale address 0xc29 recently made a significant deposit of 1.22 million $FRONT tokens, amounting to $3.03 million, onto Binance. This deposit was made […]
In an unprecedented move, a US federal judge yesterday (Monday) issued a sanctions order against the Securities and Exchange Commission (SEC) for its inappropriate actions against DEBT Box, a Utah-based crypto company, calling the regulator’s actions a “gross abuse of power.” Sanctions against the SEC According to the court order, the regulator will have to […]
A widely followed analyst predicts that Ethereum (ETH) will see rallies to the tune of 125% from current levels during this crypto bull market. The anonymous host of InvestAnswers tells his 494,000 YouTube subscribers that he’s using the layer-in, layer-out model to determine potential price targets for the native asset of the leading smart contract […]
DeFi is increasingly collaborating with traditional financial institutions to capitalise on the tokenisation of assets. ANZ and Chainlink Labs have illustrated the capability for global tokenised asset movement and settlement across blockchains like Avalanche and Ethereum. They utilised Chainlink’s CCIP for seamless Delivery vs. Payment settlements in various currencies. The demonstration by ANZ emphasises the […]
Bitcoin’s price has been on the decline for the past several days and the landscape worsened earlier this morning when the asset fell to a 13-day low of under $64,500. The altcoins are in even worse shape, and the total liquidations have skyrocketed to more than $400 million on a daily scale. BTCUSD. Source: TradingView […]
Bitcoin price struggled to recover above the $68,800 resistance. BTC is now moving lower and there is a risk of more downsides below the $65,000 support. Bitcoin price is struggling to start a fresh increase above the $68,000 zone. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a […]
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of the fund’s assets through one or more trusted staking providers.” Fidelity Updates […]
Early Bitcoin advocate Samson Mow says that Roger Ver should not give up advocating Bitcoin Cash to come back to BTC
… Cryptocurrency Securities law to assist with the relaunch of MOBICOIN, the innovative utility token integrated with its groundbreaking MOBICARD™ app.
Crypto whales deposited about $58 million worth of the Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB) into crypto exchanges after the project had a massive token unlock over the weekend, according to the blockchain tracker Lookonchain. Lookonchain notes that 11 whales deposited 34 million ARB into exchanges after the unlock. Source: Lookonchain/X Arbitrum unlocked 1.11 […]
A widely followed crypto analyst is warning of an imminent Bitcoin (BTC) correction based on historical market cycles. Pseudonymous crypto trader Rekt Capital tells his 424,500 followers on the social media platform X that Bitcoin will enter the so-called “danger zone” today, when it might undergo a significant correction. The trader says that historically, Bitcoin […]
Genesis Global Capital, LLC has agreed to a $21 million penalty to settle charges brought against the firm by the Securities and Exchange Commission (SEC). This matter involves allegations by the regulator that the crypto lending platform offered unregistered securities to the public. The SEC accused Genesis of failing to register the Gemini Earn program, […]
TL;DR A human error jeopardizes fundraising for crypto projects. A developer accidentally burned 535,000 Solana (SOL) tokens, equivalent to $10.4 million, intended for a memecoin. Financial losses, decreased confidence, and calls for greater accountability and regulation follow the accidental burn. In the crypto industry, fundraising through pre-sales is a common practice that allows developers to […]
The Render token (RNDR) continues to ride a wave of bullish momentum, propelling it to achieve a remarkable new all-time high of $13.59 early in today’s trading session. This surge in price comes amidst anticipation of significant events on the horizon, notably the upcoming NVIDIA-powered AI conference GTC24 scheduled to commence on March 18-21. As […]
PlanB, a popular name within the Bitcoin community, thanks to his Stock-to-Flow (S2F) model, has shared the latest discourse on X, igniting a flurry of excitement and speculation. This discourse particularly highlights BTC’s potential journey through successive halving cycles. PlanB’s analysis, deeply rooted in the S2F model, presents a narrative for Bitcoin’s future. This model scrutinizes […]
An NFT of a photo of Achi, the dog that inspired the dogwifhat (WIF) meme coin, has sold for US$4.3 million dollars. The NFT sale comes after WIF increased in price over 600x since December last year. Crypto analysts warn that meme coins are risky, pointing to several investors who’ve lost big on poorly-timed meme […]
TL;DR The cryptocurrency market is correcting, with numerous assets in decline, but this new sloth-themed meme coin defies the trend by surging 70%. Despite its success, it faced a setback when the developer accidentally burnt $10 million in funds. The cryptocurrency sector has been on the decline today (March 19) after thriving significantly in the […]
Analysts at British multinational banking giant Standard Chartered are raising their 2025 Bitcoin (BTC) price forecast by a sizeable 50%. Analyst Geoff Kendrick says in a new note to investors that given the unexpected success of the Bitcoin exchange-traded funds (ETFs) launched in January, a more optimistic price expectation for BTC is warranted, reports CNBC. […]