Sony Group, a prominent conglomerate in Japan, has recently made headlines by announcing its acquisition of Amber Japan, paving the way for the launch of a new crypto exchange. The WhaleFin exchange, previously owned by Amber Japan, will now be rebranded as S.BLOX Co under Sony’s ownership. This move signifies Sony’s entry into the world
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Keith Gill, also known as “Roaring Kitty,” gained notoriety for his involvement in the GameStop stock frenzy in early 2021. However, recent accusations have emerged against him, claiming that he engaged in securities fraud by manipulating GameStop’s stock prices through social media posts. The class-action lawsuit filed against Gill alleges that he orchestrated a “pump
Bitcoin, the pioneer of cryptocurrency markets, has seen a significant shift in its weekend trading volumes according to a recent report by Kaiko. The once active weekends, known for their volatility, have now experienced historic lows in trading activity. The data reveals a sharp decline from 28% in 2019 to a mere 16% in 2024.
In a forward-thinking move, Futureverse, a company specializing in AI and metaverse technologies, has announced a strategic partnership with Animoca Brands, a leader in digital property rights and blockchain-based entertainment. The collaboration is aimed at leveraging Futureverse’s advanced technology stack with Animoca Brands’ extensive ecosystem of blockchain products to enhance the metaverse technology. This partnership
The month of June was characterized by extreme volatility in the price of Bitcoin. The price of the leading cryptocurrency soared to as high as $72,000 before plummeting to a low of slightly over $58,000. This rollercoaster ride culminated in a 7.12% decrease in Bitcoin’s price, with the bears emerging victorious. Analyst Predictions for July
Blast Network is making waves in the world of web3, particularly within the realm of Ethereum Layer 2 (L2) solutions. Founded by the individuals behind the Blur NFT marketplace, Blast Network launched its mainnet, Blast Mainnet, in February of 2024. The primary goal of Blast Network is to tackle the pressing issues of high transaction
Cryptocurrency has revolutionized the financial industry, offering unprecedented challenges and opportunities for regulators worldwide. The European Union, in particular, has taken proactive steps to regulate the crypto space through the Markets in Crypto-Assets regulation (MiCAR). However, a critical gap exists within this regulatory framework when it comes to non-custodial crypto asset service providers. The Regulatory
Vitalik Buterin, the co-founder of Ethereum, has once again expressed his worries about the current state of cryptocurrency regulation, particularly in the United States. He raised a crucial point about a regulatory paradox that seems to hinder the growth and integrity of the industry. Buterin pointed out that the existing regulatory framework allows projects with
Delving into the realm of cryptocurrency, Opeyemi is a dedicated writer who has found his passion in unraveling the intricate world of blockchain technology and digital assets. His journey into this domain was not initially planned, but over the past two years, he has immersed himself fully into the space, continuously seeking to educate and
As per the insights provided by analysts at CryptoQuant, it appears that there are certain on-chain metrics that could potentially indicate a turnaround in the bitcoin (BTC) market. One of the key indicators to watch is the Bitcoin Bull-Bear Market Cycle indicator, which currently shows that the crypto market is experiencing its least bullish state
The European Central Bank (ECB) is currently in the final stages of preparing for the launch of the digital Euro Central Bank Digital Currency (CBDC) by October 2025. While the ECB has emphasized privacy and data protection as top priorities, there are troubling aspects of the digital Euro that raise serious concerns about financial control
The month of June witnessed a rather disappointing performance by Bitcoin, as the cryptocurrency traded on a decline, even plunging below the $60,000 mark at certain points. Many investors were left disheartened by this unfavorable price action. Crypto analyst Zen has identified major liquidity pools that could potentially impact Bitcoin’s price trajectory not only in
After analyzing the performance of Ethereum this week, it is evident that buyers are struggling to defend the key support level at $3,500. With a 3% decline, ETH is facing the risk of further downward movement if sellers maintain their pressure. The downtrend is clear with the past five weekly candles closing with a lower
The cryptocurrency markets are experiencing a downward trend today, with Bitcoin falling towards $60K and most altcoins witnessing slow declines. The total market capitalization has dropped to $2.37 trillion, reflecting a bearish sentiment across the board. Bitcoin’s price has decreased by 1.3% in the last 24 hours, pushing its weekly losses to around 6%. The
