With the anticipation of the Bitcoin ETF approval, there is a growing concern among investors regarding the potential shift towards centralized custody by major institutions such as Goldman Sachs and JP Morgan. While many in the Bitcoin community welcomed the ETF approval as a bullish sign, there is a looming threat of counterparty risk that
US prosecutors are urging a federal judge to approve the Binance plea deal, which was filed on Feb. 16. This plea deal, involving the cryptocurrency exchange Binance and its former CEO Changpeng Zhao (CZ), revolves around charges of money laundering and sanctions violations dating back to November 2023. It requires Binance to pay a staggering
With the upcoming fourth halving of Bitcoin, miners are currently operating at a high level on the blockchain. The mining difficulty metric for Bitcoin increased by over 8% recently, reaching a new all-time high. This metric is crucial for the BTC blockchain as it readjusts every 2,016 blocks, depending on the mining power. The continuous
VeChain has recently experienced a significant surge in price, with the current market price sitting at $0.048. The price increase of 74% over the past six days has been attributed to positive community sentiment and anticipation for a major update. However, with the price hovering near $0.05, there is a potential for a retracement due
Exverse, a trailblazing free-to-play Web3 game, has recently garnered an impressive $3 million in a private funding round. Unlike its predecessors in the Web3 gaming space, Exverse is dedicated to reinventing the AAA first-person-shooter genre by integrating cutting-edge Web3 technology. By addressing the shortcomings of early Web3 gaming models, Exverse strives to provide players with
Cardano’s price has recently surged past the $0.61 mark, signaling a potential bullish trend in the market. This article delves into the recent price movements of Cardano and explores the underlying factors that could drive the cryptocurrency towards the $1 price point. The derivatives market for Cardano has shown an unusual trend that points towards
Ethereum (ETH), the second-largest cryptocurrency in the world, is showing strong momentum this week as it edges closer to the coveted $3,000 mark. The surge in ETH’s price is driven by several factors, with one of the key drivers being the growing popularity of ETH staking. As Ethereum 2.0 gains traction, more investors are choosing
Over the past 24 hours, the price of XRP has seen an increase above $0.57. However, this upward momentum was short-lived as the bulls failed to sustain the pressure, causing the price to drop back down to around $0.56. Despite this slight setback, XRP has experienced a significant increase of more than 10% since February
The future of spot Bitcoin ETFs and their integration within diversified portfolios was discussed at the Exchange ETF conference in Miami Beach. Ric Edelman, founder of the Digital Assets Council of Financial Professionals, made a bold prediction about the future inflows into spot Bitcoin ETFs, foreseeing an unprecedented $150 billion by the end of 2025.
The US Security and Exchange Commission’s (SEC) Office of Inspector General (OIG) is currently conducting an investigation into cryptocurrency-related financial conflicts of interest. This investigation was prompted by Empower Oversight, an accountability group that recently revealed concerns regarding the SEC’s Ethics Office and a former official named William Hinman. In a statement released on Feb.
The founder of Tron, Justin Sun, has recently unveiled a groundbreaking Bitcoin Layer 2 roadmap that aims to enhance the scalability, speed, and security of the Bitcoin network. Additionally, Tron is planning to integrate its tokens with the Bitcoin blockchain to enable seamless interactions and interoperability. This article provides an analysis of the Tron Founder’s
In the latest financial report released on February 15, Coinbase, one of the major cryptocurrency exchanges in the United States, showcased its impressive financial performance for the fourth quarter and full year of 2023. The report revealed notable achievements and growth, as well as areas of concern for the company. Let’s delve deeper into the
Emerging technologies and digital advancements have transformed the way we conduct business and engage in commercial transactions. Iowa, a state known for its progressive approach, has taken a significant step towards embracing the digital economy. The approval of House File 2519 by the Judiciary Committee marks a landmark moment, as it introduces key amendments to
As Cosmos (ATOM) experiences a 1.7% decrease in the past 24 hours, holders are left wondering if the cryptocurrency is on the verge of crashing. The sentiment in the crypto community regarding ATOM remains mixed, with some analysts pointing out that it has been trading within a tight range of $8-12 for over 3 months