A crypto strategist, known as Xanrox, gained attention for accurately predicting the current downtrend in Bitcoin’s price. This has led to speculations about where the price of Bitcoin may be heading in the near future. Xanrox’s analysis, shared on the TradingView website, pointed towards indicators that suggest a potential crash in the crypto market. One
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Recently, blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a significant player in the cryptocurrency market. According to Nansen’s analysis, a crypto wallet owned by DBS Bank contains 173,753 Ether (ETH), with a current market value of approximately $650 million. This revelation has brought attention to the bank’s
In the ever-expanding realm of digital assets, SEI NFTs have emerged as a game-changer for artists, gamers, and collectors alike. Powered by its open-source Layer 1 blockchain, the Sei Network is making significant strides in the NFT space by focusing on low transaction fees, robust security, and fast transactions. The allure of SEI NFTs lies
The cryptocurrency world has been witnessing a surge in activity from Ethereum whales, the Goliaths of the market. Recent on-chain data has revealed significant movements from large investors, potentially influenced by the recent approval of spot Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). This increased engagement from whales adds an
The web3 gaming ecosystem, XPLA, has recently made waves in the industry with the launch of its own layer 2 chain, XPLA Verse, in collaboration with Com2uS Group. This marks a significant milestone in the world of blockchain gaming, as it brings popular games such as “Summoners War: Chronicle” and “The Walking Dead: All-Stars” into
Solana meme coin prices are currently on the rise, with notable coins like dogwifhat (WIF) experiencing a significant uptick of 27% since the beginning of the week. Another coin called Sealana (SEAL) has also gained momentum, raising over $3 million in funding. WIF has reached $4.0 and is projected to retest its 20224 highs around
Senator Cynthia Lummis has been a vocal advocate for pro-crypto legislation in the US. She firmly believes that the crypto market has the potential to play a crucial role in the country’s economy, as long as the opportunity is not wasted. Lummis and other like-minded lawmakers have been working diligently to educate their colleagues about
Gemini, the crypto exchange founded by the Winklevoss twins, has made headlines with the successful recovery of virtually all its customers’ digital assets. This achievement is being hailed as one of the most successful industry recoveries from insolvency to date. The exchange announced that Gemini Earn customers have received a staggering $2.18 billion of their
Gemini, a prominent crypto exchange, announced that users of its Earn product have received a significant portion of their digital assets, totaling $2.18 billion. This recovery amounts to 97% of the total digital assets owed to Earn users, showcasing a remarkable turnaround since the collapse of crypto lender Genesis, which ceased withdrawals in November 2022.
Former FTX co-CEO, Ryan Salame, recently received a staggering 90-month prison sentence for his involvement in illegal activities. The United States Attorney for the Southern District of New York, Damian Lewis, announced the sentencing, shedding light on Salame’s crimes. Salame’s troubles began when he pled guilty to conspiring to make illegal political contributions and defraud
The Sandbox, a decentralized gaming platform, has taken a significant step towards decentralization by announcing the launch of its decentralized autonomous organization (DAO) known as The Sandbox DAO. This new initiative is designed to empower SAND token holders and virtual LAND owners, representing in-game plots, to actively participate in the platform’s governance. The implementation of
The Ethereum meme coin market is buzzing with excitement once again, with coins like Baby Apu Apustaja (BAPU) making significant gains overnight. BAPU has recently gained attention due to its strong project fundamentals and an innovative marketing campaign that has captured the imagination of Ethereum meme coin traders. The current market price of BAPU is
Bitcoin’s price has always been a topic of hot debate among investors and analysts. Cryptorphic, a well-known crypto analyst, has recently predicted a staggering price of $156,000 by May 27th, 2025. This prediction is based on the historical phenomenon of halving, where the number of Bitcoins rewarded for mining new blocks is cut in half
The US District Court for the District of Utah has made a significant ruling in the case involving the Securities and Exchange Commission (SEC) and DEBT Box. The court dismissed the SEC’s case against DEBT Box without prejudice and imposed over $1.8 million in fines against the watchdog for bad faith conduct. These fines, consisting