Binance, the world’s leading crypto exchange by trading volume, appears to have spun off its venture capital and incubation arm, Binance Labs, as indicated on the latter’s website. This move occurred earlier this year, marking a significant development during CEO Richard Teng’s four-month tenure. Binance Labs Distances From Binance Binance Labs’s website now clearly states […]

Two U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to refrain from approving additional crypto exchange-traded fund (ETF) applications. The lawmakers cautioned: “However vulnerable bitcoin may be to fraud and manipulation, markets for other cryptocurrencies are far more exposed to misconduct.” Lawmakers Say SEC Should Not Approve Spot Crypto ETFs […]

Cryptocurrency market witnessed significant recovery in 2023, with investors netting total of $37.6 billion in gains

NEW YORK (AP) — FTX founder Sam Bankman-Fried's orchestration of one of history's largest financial frauds in his quest to dominate the cryptocurrency

XRP continues to show strength despite largely underperforming during the ongoing bull market. Interestingly, the crypto witnessed a surge in activity last week, with trading volume surging in tandem. Particularly, the trading volume saw an increase of over 80% recently.  However, the boost in activity and trading volume has not necessarily translated into continuous price […]

As Bitcoin continues to hit new All-Time Highs, the cryptocurrency market is witnessing a notable trend where profits from Bitcoin’s surge are finding their way into speculative assets with low liquidity, particularly meme coins. #Memecoins had another big day as #Bitcoin's #AllTimeHigh notched above $73.6K. With each $BTC rise in March, it appears profits are […]

The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of the foundation’s holdings, and more might be chosen […]

Cryptocurrency market hit with wave of correction

After a tumultuous 2022 that saw crypto asset prices tank, the cryptocurrency market has come roaring back in the last 14 months. With this …

Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, the asset management firm has […]

Singapore-based game studio 9 Lives Interactive announced Thursday that it has secured $3 million in funding to support the global launch of Nyan Heroes, a “hero shooter” game with assets minted on the Solana blockchain. And players will have a chance to test it out very soon. The investment round was led by Mechanism Capital, […]

Bitcoin is front and center again, and orange coin lovers everywhere have plenty to be excited about: new all-time high prices, the upcoming halving, rising demand for Ordinals—and soon, something totally new called Runes. And while Runes won’t hit Bitcoin until the halving, when the supply of newly minted BTC is once again cut in […]

[PRESS RELEASE – Tbilisi, Georgia, March 15th, 2024] In the ever-evolving digital landscape, Helium mining emerges as an opportunity for users looking to delve into the realm of cryptocurrency through a unique avenue: the Internet of Things (IoT). Helium Farm stands at the forefront of this innovative frontier, offering a chance to earn Helium (HNT) […]

The world’s largest crypto exchange by volume is reportedly severing ties with its multi-billion-dollar investment branch. According to a new report by Bloomberg, since taking the helm from disgraced Binance co-founder Changpeng Zhao, Binance CEO Richard Teng has pushed Binance Labs – the crypto exchange’s investment arm – into a separate company. Disclaimer text found […]

A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an industry-wide warning from Fed Chair Jerome Powell. New York Community Bank’s (NYCB) new earnings report shows total deposits fell from $81.365 billion at the end of start of the year to $77.2 billion on March 6th – a drop […]

TL;DR SuperRare’s Expansion: Nonfungible token (NFT) marketplace SuperRare has expanded into the Bitcoin Ordinals ecosystem through a partnership with Bitcoin-based art platform Gamma. This move is part of SuperRare’s strategy to become more multichain, moving beyond its initial focus on Ethereum. Artist Support and Liquidity: SuperRare’s decision to move into Bitcoin NFTs was driven by […]

As Bitcoin steadily approaches its final five weeks before the much-anticipated halving event, all eyes remain fixated on its price action and the continuous surge to All-Time High levels. Alongside this fervor, the growing influence of Blackrock and AI assets in the cryptocurrency sphere is also drawing significant crowd interest and impacting market dynamics. As […]

After a tumultuous 2022 that saw crypto asset prices tank, the cryptocurrency market has come roaring back in the last 14 months.

Analysts from private wealth management firm, Bernstein have reaffirmed their previous Bitcoin prediction, emphasizing that the cryptocurrency has a greater chance to reach $150,000 by 2025.  Bitcoin $150,000 Price Forecast Grows Stronger Bernstein analysts Gautam Chhugani and Mahika Sapra said in a note to clients on Monday that they were now more convinced of Bitcoin’s […]

The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator has also added Bybit’s products to its alert list of suspicious investment products. The Hong Kong regulator also advised the public to stop patronizing unlicensed entities. Regulator Threatens Enforcement Action The Hong Kong Securities and […]

Anonymous whale’s abrupt sale of 86 million DOGE, valued at $14.12 million, to Robinhood sends Dogecoin’s price spiraling downward

A popular crypto trader says he believes Ethereum (ETH) rival Solana (SOL) is flashing signs of a possible correction. In a new thread, Ali Martinez tells his 52,700 followers on the social media platform X that SOL’s Tom DeMark (TD) sequential indicator flashed a sell signal on its daily chart, which historically signals a price […]

Cryptocurrency analyst Kevin Svenson is offering his forecast on Bitcoin (BTC) amid a correction in the market. Svenson tells his 73,200 YouTube subscribers that Bitcoin is in the early stages of the fourth level of a parabolic curve pattern that started around November of 2022. A parabolic curve pattern is a staircase-like formation with four […]

A widely followed analyst and trader is offering his forecast on three crypto assets. Starting with the fifth-largest crypto asset by market cap, the analyst pseudonymously known as Inmortal tells his 209,800 followers on the social media platform X that Solana (SOL) could replicate its rival Ethereum’s (ETH) explosive rally from early 2020 to late […]

Bitcoin’s price faced enhanced volatility at the end of the business week, which included a drop of $8,000, but it has recovered some of the losses as of now. Several altcoins have bounced off from the Friday crash, with AVAX, BNB, SOL, and APT emerging as today’s top performers. BTC to Challenge $70K Soon? Bitcoin’s […]

FLOKI and the dog-themed cryptocurrencies have been the talk of the town recently. BONK and dogwifhat (WIF) reached new all-time highs (ATH) this month, while the Viking dog-based token climbed to levels not seen since the previous bull run. During this rally, memecoins have soared alongside the rest of the cryptocurrencies. However, in the past […]

After facing resistances under $120 in February, Sol successfully broke out last week and signalled a bullish continuation. It initiated more surges this week and is now prepared for another big move on the daily chart. The latest rise in Sol is traced back to the major rebound at the key $80 level held as […]

Barry Silbert's investments span various sectors of the cryptocurrency industry (Image: Freepik). Cryptocurrency, once considered a niche interest …

Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH) and other crypto assets have been liquidated during the last 24 hours as BTC plunges back below its previous all-time high. New data from market intelligence platform Coinglass reveals that during the last day, $260 million worth of Bitcoin was liquidated, the overwhelming majority […]

The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange Bybit to its list of suspicious virtual trading platforms. In a new statement, the financial regulator warns investors that Bybit is an unlicensed virtual asset trading platform (VATP). “The SFC cautions investors against investing with unlicensed entities. Investors may risk losing their […]

TL;DR Arbitrum will unlock over $2 billion in ARB tokens, which could spark a huge sell-off. The unlock represents 87% of ARB’s current circulating supply. Cryptocurrency investors and traders should be cautious about the possibility of a drop in ARB price. Arbitrum, a prominent platform in the Ethereum ecosystem, is scheduled to unlock over $2 […]

Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still […]