FTX creditors are being encouraged to take part in the bankruptcy estate’s planned auction of the remaining Solana token holdings. This move comes after Figure CEO Mike Cagney announced that the upcoming round of locked Solana token sales by FTX will be conducted through an auction process. Unlike before, where the tokens were sold directly
The B3 Brazilian stock exchange made headlines when it announced that it would be offering Bitcoin futures trading back in March. This move was a significant one for the stock exchange and marked a new era in cryptocurrency trading in Brazil. Now, with the official launch of Bitcoin futures trading, B3 has already seen incredible
The recent completion of the fourth Bitcoin halving event has ushered in a new era of challenges for miners in the cryptocurrency ecosystem. The reduction in block rewards from 6.25 BTC to 3.125 BTC has significantly decreased the daily production of assets, putting pressure on miners’ profitability. This shift forces miners to rely more on
As we look ahead to the upcoming week, the economic calendar in the United States is packed with key events that have the potential to impact the cryptocurrency markets. The Federal Reserve’s key inflation metric is set to take the spotlight, possibly influencing monetary policy decisions moving forward. New home sales figures, April’s S&P Global
Kenyan authorities are working diligently to extradite Nadeem Anjarwalla, a Binance executive wanted by the Nigerian government. A joint operation involving multiple agencies including the EFCC, Nigeria Police Force, Kenya Police Service, FBI, and INTERPOL successfully apprehended him in Kenya after an extensive search. Following his arrest, it was revealed that Anjarwalla is facing extradition
For years, drivers have faced countless challenges when it comes to fueling and charging their vehicles. From unpredictable gas prices to cumbersome transaction processes and limited access to refueling stations, the landscape of mobility has been riddled with obstacles. These issues have not only caused frustration among daily commuters but have also impacted road-trip enthusiasts
Yuga Labs, the creator of the popular Bored Ape Yacht Club (BAYC), recently made a bold decision to burn 4,295 HV-MTL NFTs, which represents 14% of the total supply. This strategic move was aimed at increasing the value of the remaining NFTs in the collection by creating scarcity and driving up demand for the assets.
The highly anticipated Bitcoin halving event has finally taken place, marking a major milestone in the cryptocurrency world. This phenomenon, which occurs every four years, involves cutting the rate at which new coins are created in half. The Bitcoin halving has historically had a significant impact on the entire crypto market, but what does it
Ethereum has been experiencing price volatility in the past seven days, hovering around $3,170. Despite this volatility, on-chain data has indicated a trend of accumulation among Ether investors. Over $500 million worth of ETH has been withdrawn from centralized exchanges in the past week, marking the highest single-week outflow from exchanges on the Ethereum network
The MiCA regulation proposed by the European Union is set to reshape the crypto industry, bringing about significant changes for crypto companies. As the regulatory environment evolves, companies need to ensure compliance for a smooth transition and continued operation in the market. The introduction of MiCA regulation poses several challenges for companies operating in the
After the recent Bitcoin halving event, there has been a lot of discussion surrounding the potential for a significant bull run in the BTC market. One notable prediction comes from a crypto analyst known as ecoinometrics, who suggested that Bitcoin could reach a staggering price range of $140,000 to $4,500,000 in the current bull cycle.
In the first quarter of 2024, the NFT trading space experienced a significant surge in volumes, reaching a total of $4.7 billion across the top 10 marketplaces. The leading marketplace during this period was Blur, with $1.5 billion in volume and a market share of 27.6%. However, Magic Eden emerged as a major competitor, surpassing
MicroStrategy founder Michael Saylor has recently made headlines for selling up to 370,000 shares of his company within the last four months. This came after entering into a stock-sale agreement in September of last year, which granted him the authorization to unload up to 400,000 shares until April of this year. Significant Stock Sales Saylor
Ethereum has recently experienced a rapid downturn, causing concern among investors and traders in the cryptocurrency market. However, a more in-depth analysis of the daily chart reveals a potential silver lining for Ethereum. The price of Ethereum has found support within a substantial zone, which includes the 100-day moving average at $3050 and the critical