It has been reported that the Ethereum Foundation has executed a transaction selling an additional 700 ETH. The sale, amounting to 1.68 million DAI, was conducted at an average rate of $2,406 per ETH. The transaction was processed through two distinct addresses, namely 0xbc9 and 0xd77, within the past 40 minutes. According to the blockchain […]

[PRESS RELEASE – Palo Alto, USA, January 23rd, 2024] Inaugural Sui ecosystem event comes to Paris April 10-11, 2024 Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the Layer 1 blockchain and smart contract […]

Taxes, cryptocurrency, donations and even money from Israel are thought to have kept militant group running.

The Bitcoin price has plummeted below the $39,000 mark, the lowest level since December 2. This significant drop can be attributed to three main factors that have collectively contributed to the current market sentiment and price action. #1 Selling Pressure From Grayscale’s GBTC Outflows The market has been heavily influenced by the continuous outflows from […]

Documents reveal Terraform Labs has filed for Chapter 11 bankruptcy protections in the US. Terraform Labs say filing is a strategic move to allow the company to continue to pursue its business plan while repaying creditors. Terraform Labs and ex-CEO Do Kwon face numerous legal battles both in the US and Singapore relating to the […]

The largest crypto exchange in the world is announcing perpetual contract support for a new altcoin project with connections to the traditional finance (TradFi) world. Ondo Finance (ONDO) is a project focused on tokenizing real-world assets (RWAs), with a focus on short-term bonds and US Treasuries. Ondo’s products are currently only accessible on the Ethereum […]

Bankrupt crypto exchange FTX’s former trading arm Alameda Research is reportedly no longer pursuing its lawsuit against crypto giant Grayscale. Last March, debtors of the bankrupt digital asset exchange FTX filed a lawsuit against Grayscale in Delaware. The lawsuit alleged that Grayscale extracted over $1.3 billion in excessive management fees in violation of trust agreements. Additionally, […]

Crypto Tony’s Bitcoin price prediction stirs speculation in community

Sol initiated a fresh drop Last Thursday and lost almost 15% of its valuation in the last five days. It continued bleeding today and is on the verge of breaking into a new monthly low. It is currently down by 6%. Following a series of lower low and lower high patterns all the way from […]

BTC has dropped to its lowest price level for seven weeks, hitting $39,500 during Tuesday morning’s Asian trading session. The 3% daily decline has increased the size of the BTC pullback to 18.5% from its Jan. 10 high of $48,500. Moreover, analysts have predicted that the correction could continue and be as deep as 30%, […]

… cryptocurrency since the Oct. 7 attack on Israel. The sanctions come as Israel's bombing campaign on the Gaza Strip continues — killing 25,000 …

Amid a cryptocurrency market that has seen a continued bearish trend since the advent of crypto ETFs, a recent positive sign has brightened the landscape. Stablecoin supply has reached a new yearly high, rising to an impressive $134.3 billion, marking a significant change of $4.17 billion in the last 30 day. This inflow represents the […]

Bitcoin has been experiencing a downward trend recently, dropping from its 2023 all-time high of about $49,000 to below $41,000 at the time of writing. Despite this significant price correction, popular crypto analyst Kevin Svenson has predicted a new all-time high for BTC in the months after the 2024 Bitcoin halving.  Bitcoin Anticipated To Hit […]

A widely followed crypto analyst says that one top-10 altcoin looks stronger than the competition while predicting corrections for the smart contract platform Solana (SOL) and one decentralized finance (DeFi) token. Pseudonymous crypto strategist Altcoin Sherpa tells his 205,800 followers on the social media platform X that he thinks BNB, the native asset of the […]

As Dogecoin (DOGE) leads a surprising surge in the cryptocurrency market following X Payments’ new venture, other major cryptocurrencies like Stellar (XLM) and BNB also witness gains

Washington | The US, UK and Australia imposed a fifth round of sanctions on the militant group Hamas for abuse of cryptocurrency since the October 7 …

The Federal Reserve and New York Department of Financial Services (DFS) just announced a multi million-dollar settlement with a Beijing-based banking giant. The US agencies say the Industrial and Commercial Bank of China (ICBC) will pay a total of $32.4 million for failing to follow the Bank Secrecy Act and Anti-Money Laundering laws, neglecting to […]

January 23, 2024 – Palo Alto, United States Inaugural Sui ecosystem event comes to Paris on April 10-11, 2024. Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the layer one blockchain and smart contract […]

Ethereum has been significantly down in the past week with a current 17.9% share of the market. Although, it remains bullish on the higher timeframe, looking for a support line to foot a fresh increase. After breaking higher to a multi-month high of $2,717 two weeks ago, Ethereum initiated a drop and quickly lost steam, […]

Institutional adoption of the Bitcoin network has been hindered by several challenges, including technical scalability, programmability, and cultural alignment within its developer community. However, Spartan Group, a leading player in the Web3 space, and venture capitalist and analyst Kyle Ellicott believe the development of layer2 (L2) solutions will help the network overcome these limitations. Developing […]

The Bitcoin price took a downside turn over the weekend and seems ready to re-test critical support levels. The downside price action was triggered by a spike in selling pressure following the approval of Bitcoin spot Exchange Traded Funds (ETFs) in the US. As of this writing, the Bitcoin price trades at $40,900 with a […]

Alameda Research, an affiliate of the now-bankrupt cryptocurrency exchange FTX, has dropped its lawsuit against Grayscale Investments. The lawsuit, filed in March last year in a Delaware court, accused Grayscale of enriching itself at the expense of its shareholders, in addition to alleging that the firm charged exorbitant fees and did not allow investors to […]

Following the approval of spot Bitcoin exchange-traded funds (ETFs), the crypto market has experienced a surprising downturn after FTX unloaded a staggering $1 billion worth of Grayscale Bitcoin Trust’s (GBTC) shares. This unprecedented sell-off, attributed to the bankruptcy of the crypto exchange, has raised a concern about the broader implications for the crypto sector. According […]

Cardano’s fundamentals remain strong, however, this key price level comes into play

In the ever-evolving world of finance and technology, cryptocurrency has emerged as a formidable force, reshaping industries and redefining …

The price of XRP is currently navigating bearish territory. Following its descent below the 200-day exponential moving average (EMA), the digital currency has further dipped beneath the critical 0.618 Fibonacci retracement level. Despite this downward trend, renowned crypto analyst Dark Defender offers a glimmer of optimism for the XRP army. However, he also suggests that […]

Bitcoin went through a serious decline in the past weeks after testing a two-year high earlier this month. It has shown no signs of stopping yet as it may witness a bigger bloodbath in the upcoming weeks.  Last weekend came with a small relief for BTC after losing momentum throughout the week. It resumed bleeding […]

[PRESS RELEASE – Dubai, United Arab Emirates, January 22nd, 2024] De.Fi, the largest Web3 Super App whose $DEFI token listing is coming, announced 21Shares as their investor. 21Shares is a market leader offering ETFs for institutional and retail investors. Their recent investment marks a historic milestone for De.Fi, as it will help to get Traditional […]

A pivotal hearing unfolded in a Washington DC federal courtroom today (Monday), as Binance faced intense scrutiny from Federal Judge Amy Berman Jackson. Lawyers for Binance were pressed to defend their request for the dismissal of a high-profile lawsuit brought against the exchange by the US Securities and Exchange Commission (SEC). Binance Argues Lack of […]

Not every asset on cryptocurrency market went through correction easily

Türkiye's economic coordination council discusses cryptocurrency regulation. Source: Xinhua. Editor: huaxia. 2024-01-23 03:03:45 …

Scott Chamberlain has proposed tokenising cows as a solution to improve the efficiency and decentralisation of the Australian cattle market. The idea of digital cows allows new investor entry and gives farmers access to non-bank financing. The system would work much like other fractional investment platforms, relying heavily on smart contracts. The mechanism will likely […]