In a recent interview, Charles Hoskinson, the CEO of IOG, did not hold back in criticizing Bitcoin and its devout following. He went as far as to liken the following of Bitcoin to a religion, stating that the crypto industry has evolved beyond the need for Bitcoin to survive. While acknowledging Bitcoin’s reputation and digital
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Telegram, with its massive user base of over 800 million monthly users, has evolved beyond just a messaging app to become a prominent hub for the crypto community. The introduction of Telegram mini apps, also known as TMAs, has further solidified its position in the crypto space. These mini apps offer a wide range of
Recent on-chain data has revealed a significant increase in activity among Ethereum whales. These large entities have been making a higher number of large transactions on the Ethereum network, valued at more than $100,000 each. Typically, these large transactions are associated with whale investors who have the financial capacity to make such significant movements in
In recent times, the price of LidoDAO (LDO) has experienced a significant surge, with a 26% increase over the past week alone. This surge is fueled by optimism surrounding the growth of the Ethereum ecosystem, particularly in anticipation of the SEC approving spot Ethereum ETFs. While some may question if it is too late to
In a significant turn of events, the First District Court of Appeals in Florida has overturned an Emergency Suspension Order (ESO) that was issued by the Office of Financial Regulation against Binance.US. The ruling, which was made on May 22, came after the cryptocurrency exchange challenged the suspension order, arguing that it contained procedural errors
The FIT21 Act, which aims to provide regulatory clarity to the crypto industry, has recently come under fire from Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC). Gensler expressed strong opposition to the bill, stating that it would weaken current consumer protections in the crypto market. Despite the bill receiving support from
The recent market dip towards $60,000 did not deter Bitcoin whales from capitalizing on the opportunity to accumulate more BTC. These large investors have been actively buying up billions of dollars worth of coins, showcasing their confidence in the future of the cryptocurrency market. Thomas Fahrer, the co-founder of Bitcoin-based company Apollo, uncovered this trend
The Trump campaign made headlines on Tuesday with its announcement to accept cryptocurrency donations for the first time ever by a major party presidential nominee. This decision aligns with Trump’s overarching theme of prioritizing “freedom over socialistic government control,” as described by the campaign. Embracing New Financial Technologies By allowing supporters to donate with “any
The recent release of Citizen Conflict Alpha 5 by QORPO Game Studio has brought about a highly anticipated update to the popular FPS game. One of the most significant additions to this update is the introduction of a play-to-earn (P2E) campaign. This new feature allows players to earn up to 300,000 QORPO tokens while playing
Institutional investors are showing a significant increase in their interest in Bitcoin, as investment funds related to the cryptocurrency recorded a massive inflow of $942 million last week. This surge in investment signals a bullish sentiment among these investors, potentially leading to a Bitcoin rally to $80,000. The positive response from institutional investors is believed
Uniswap Labs has recently taken a bold stance against the SEC’s attempts to regulate DeFi, arguing that the agency’s efforts are not only misguided but legally unsound. The company, in a blog post on May 20, expressed confidence in its position, stating that it believes it will prevail if forced into litigation. Uniswap Labs firmly
In the midst of the presidential election year, the DEX markets are seeing a surge in Donald Trump tokens, with the most recent addition being a Solana meme coin called ‘Super Trump’. This particular coin has quickly gained popularity and is now at the top of the meme coin markets, attracting the attention of many
Peter Schiff, a well-known gold bug, has once again raised concerns about the future of Bitcoin, particularly in light of the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission. This latest warning from Schiff comes at a time when the price of Bitcoin has been on the rise, surpassing $70,000.
In the recent surge of Bitcoin and Ethereum prices towards new all-time highs, short-term traders have faced significant liquidations. In just the last 24 hours, over $330 million were liquidated from the crypto market, with the majority of losses coming from short traders who were betting on a price drop. According to Coinglass data, more