Kraken, a prominent cryptocurrency exchange, found itself in the midst of a legal battle with the US Securities and Exchange Commission (SEC). The charges brought against Kraken were seen as a direct result of the firm’s vocal advocacy for regulatory boundaries within the digital asset industry. The SEC alleged that Kraken had been operating unlawfully
The recent sale of SHEboshi NFTs, linked to the popular meme coin Shiba Inu (SHIB), created a buzz in the non-fungible token market. Within just under three hours after the launch, all 20,000 collectibles were claimed before the public minting phase. Originally priced at 0.05 ETH each, the floor price of these NFTs has now
The recent bullish breakout of Bitcoin (BTC) to the $52,000 price mark has sparked hope within the community, thanks to predictions made by the well-known cryptocurrency analyst, Titan of Crypto. Titan of Crypto pointed out a potential trend called a “Bull Flag formation”, predicting a near-term target price of $61,000 for BTC. Despite some challenges
Following the launch of spot Bitcoin Exchange-Traded Funds (ETFs) by major players such as BlackRock and Fidelity, the response of Bitcoin’s price has been relatively subdued. Despite significant net inflows of $5.278 billion into Bitcoin ETFs within a short period, the price of BTC has only appreciated by 4.3% from $49,040 to $51,000. This lackluster
PlutoSwap (PLUTO) has emerged as a disruptive force in the decentralized finance (DeFi) space with its launch of an AI-Powered DEX aggregator. The project has introduced a cutting-edge pathfinder algorithm that leverages artificial intelligence to help traders find the best prices in real-time. One of the key focuses of PlutoSwap is on layer 2 blockchains,
Nemesis Downfall, the long-awaited first-person shooter game, is gearing up for its open beta launch on February 28. With its innovative play-to-earn concept, the game is set to make waves in the gaming industry. Players will have the opportunity to earn rewards while engaging in thrilling combat scenarios on the PancakeSwap Gaming Marketplace. The game
The warning issued by House Majority Whip Tom Emmer on Feb. 22 highlighted a concerning development for Bitcoin mining firms under the Biden administration. Emmer’s letter to the Office of Management and Budget (OMB) raised alarm about the approval and expedited implementation of a new information collection regime by the Energy Information Administration (EIA) targeted
South Africa has recently unveiled plans to integrate digital payments and cryptocurrencies into its financial system with the aim of boosting the economy, particularly for marginalized groups. This announcement, which was made as part of the country’s 2024 budget, underscores the government’s commitment to building a digital economy through collaborative efforts between the public and
Bitcoin enthusiasts are closely monitoring the price movements of Bitcoin as it approaches the $52,000 mark. However, beyond the surface level, there is a complex interplay of buy and sell orders within a critical 2% market depth that is often overlooked. This deeper examination into the liquidity of Bitcoin reveals the shifting sands beneath the
Investing in cryptocurrency has always been a rollercoaster ride, with extreme highs and lows that can make or break fortunes in a matter of hours. In recent times, meme coins have taken center stage, with tokens like Worldcoin, SingularityNET, and Render experiencing massive price surges of 25-40% in just 24 hours. This surge in AI-themed
Binance recently expanded its margin trading options by adding several new pairs and borrowable assets. Among the new cross-margin pairs are ADA/USDC, AVAX/USDC, MATIC/USDC, and XRP/USDC, while new isolated margin pairs include ACM/USDT, AVAX/USDC, FIO/USDT, IQ/USDT, NEXO/USDT, and QKC/USDT. Additionally, Binance introduced AC Milan Fan Token (ACM), FIO Protocol (FIO), and IQ (IQ) as new
Michael Saylor, the co-founder and executive chairman of MicroStrategy, has made it clear that he has no intentions of selling his or his company’s Bitcoin holdings. Despite the significant unrealized profit of approximately $4 billion, Saylor views Bitcoin as the ultimate exit strategy and the strongest asset in the market. He firmly believes that Bitcoin,
The recent on-chain data from Spot On Chain has revealed that an Ethereum whale has been actively accumulating ETH. The whale address in question has purchased a total of 64,501 ETH in the past three days, which amounts to approximately $187 million at current market prices. This significant accumulation activity has sparked interest and speculation
The recent surge in Bitcoin’s price to $53,000 has been followed by significant declines, causing high volatility in the cryptocurrency space. Despite these fluctuations, crypto analyst Michael van de Poppe remains optimistic about the future of Bitcoin. Poppe’s analysis highlights Bitcoin’s current position above $50,000 as a sign of strength. However, he warns that a