The former Chief of the US Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed Stark, stated an ongoing “unprecedented financial regulatory onslaught” against the US crypto space.  On August 10, Stark took to social media platform X making these claims based on the crypto-related policies set by certain US financial regulators in […]

Bitcoin price has been locked in a mostly sideways pattern, sloping ever so slightly upward. The price action appears to resemble the beginning of Jesse Livermore’s famous “Speculative Chart” also referred to as an Accumulation Cylindar. If the old timey pattern is accurate, it could take BTCUSD toward $200,000 per coin before the end of […]

As the debate surrounding cryptocurrency regulations intensifies in the United States, the United States Securities and Exchange Commission (SEC) has found itself under heightened scrutiny from leading figures in the crypto industry. These concerns culminated recently when Bruce Fenton, CEO of Chainstone Labs and a former executive of the Bitcoin Foundation, voiced his displeasure directly […]

Back in 2009, Bitcoin was still largely unknown as Satoshi Nakamoto had only released the Bitcoin whitepaper the year before in October 2008, and crypto enthusiasts were still figuring out how to mine and trade these new digital coins.  However, some early adopters were lucky to get in on the innovation very early. An example […]

The Autorité des Marchés Financiers (AMF), France’s financial markets regulator, has unveiled changes to local crypto regulations in order to comply with the European Union’s Markets in Crypto-Assets (MiCA) regime.   AMF Tweaks Registration And Licensing Framework For DASPs In a blog post published on Thursday, August 10, the AMF announced the introduction of an “enhanced” […]

A recent Dogecoin whale transaction has raised concerns about where DOGE’s price might be headed next. While large transactions are not new to the leading meme coin in the space, the destination of the transaction is what’s important. Dogecoin Whale Sends $5 Million To Exchange In a recent transaction that was flagged by on-chain tracker […]

Here’s how much percentage of the total circulating supply the 10 largest Ethereum whales hold, according to on-chain data. Ethereum’s Top 10 Addresses Have Only Continued To Grow Their Holdings Recently In a new post on X, the on-chain analytics firm Santiment has revealed how much percentage of the total supply is held by the […]

Num Finance, an Argentina-based stablecoin issuer, has partnered with crypto exchange TruBit to accelerate nARS adoption in Latin America.  According to the announcement, the alliance aims to integrate nARS, Num Finance’s stablecoin, into TruBit Pro Exchange’s trading platform. Being part of Num Finance’s expansion strategy, the partnership will provide users with flexible access to nARS […]

In the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC), the regulator filed an “interlocutory appeal” yesterday, challenging Judge Analisa Torres’ ruling. The appeal letter has sparked a heated debate among legal experts, with some suggesting that the appeal could indirectly challenge XRP’s status as a non-security. The SEC’s appeal, […]

Chat GPT has been quite in the news lately, with people leveraging it for price predictions, documentation, and more. One of the recent questions asked to Chat GPT was about the crypto investment space. According to Chat GPT, 2023’s hottest investment would be Pomerdoge, which has the potential to leave behind memecoins like Pepe (PEPE) […]

In December 2022, Rohun Vora (aka Frank DeGods), the founder of popular NFTs DeGods and y00ts, dropped a bombshell when he announced that both NFT projects were moving away from Solana (both NFTs were part of the highest-ranking NFTs on the blockchain at the time) to Ethereum and Polygon respectively. Now, eight months later, another […]

Ripple, the revolutionary blockchain-based payment solutions provider, has achieved a significant milestone by becoming an official member of the “cross-border payments interoperability and extension taskforce” within the prestigious Bank for International Settlements (BIS).  Ripple’s inclusion in the cross-border payments taskforce, an integral part of the BIS Committee on Payments and Market Infrastructures, holds significant implications. […]

Binance’s CEO, Changpeng Zhao, has come forward to address concerns regarding the BitForge vulnerability. This security issue, as uncovered by the Fireblocks research team, has been identified in some of the most widely adopted multi-party computation (MPC) protocols, including the likes of GG-18, GG-20, and Lindell17. Changpeng Zhao, in a reassuring statement, declared via Twitter […]

Bitcoin miners face mounting challenges as the difficulty adjustment in Bitcoin (BTC) mining continues to impact profitability and an energy crisis disrupts operations.  Created by Satoshi Nakamoto, the difficulty adjustment protocol aims to maintain an average interval of 10 minutes between new blocks, affecting the mining process and costs. The difficulty adjustment mechanism, a foundational […]

The legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs seems not to be ending anytime soon, as recent developments suggest that the feud could run into next year.  The SEC Has No Right Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has responded to the SEC’s intention to file an appeal […]

The over 200 million Amazon Prime subscribers can now claim free in-game non-fungible tokens (NFTs) from popular blockchain games like Mojo Melee and Blankos Block Party (BBP). As of August 9, reports indicate that Amazon has chosen Prime Gaming as the preferred portal to distribute NFTs, a massive endorsement of the technology and blockchain games whose activities […]

In the wake of today’s Consumer Price Index (CPI) data release at 8:30 am EST (12:30 pm GMT), the Bitcoin and crypto market is poised on the edge of its seat. With traditional markets and central banks closely monitoring the inflation metrics, the ripple effects on the digital asset market could be profound. Wall Street […]

According to a recent report by Bloomberg, Maxine Waters, the top Democrat on the House Financial Services Committee, expressed deep concern over PayPal Holdings Inc.’s stablecoin launch without a comprehensive regulatory framework.  According to Waters, the absence of federal oversight poses risks to consumers and the stability of the cryptocurrency market. Democrat Criticizes PayPal Stablecoin […]

In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Federal Judge Analisa Torres has announced that the court intends to schedule a jury trial for the second quarter of 2024.  The decision follows a partial summary judgment and short-term victory for Ripple and XRP holders, handed down by […]

Coinbase’s Base mainnet has officially opened to the general public, bringing forth a host of features and an ecosystem of over 100 decentralized applications (DApps) and service providers.  According to a report by The Block, the launch follows a successful testnet debut in February and a developer-specific release in July, paving the way for a […]

Binance faces increasing regulatory scrutiny as a Nigerian trade union calls for the Federal Government of Nigeria to ban the exchange’s operation within the West African nation.  In a Tuesday Interview with the News Agency of Nigeria (NAN), Aminu Gwadabe, President of the Association of Bureaux De Change Operators of Nigeria (ABCON), expressed that the […]

The majority of Russian citizens seem to have no interest or trust in the Russian central bank digital currency (CBDC), according to two recent consumer surveys. This comes days after the Bank of Russia (BoR) unveiled the digital ruble’s official logo and commission fees. According to the Bank of Russia, using the digital ruble as […]

Here’s what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer. Average Transaction Size For USDC Is Greater Than USDT In a new post on X, the market intelligence platform IntoTheBlock has discussed how the metrics related to the two largest stablecoins in the sector compare against each […]

Back in 2022, the collapse of Terra LUNA and de-pegging of UST Classic (USTC) rocked the crypto market and led to a massive crash. Since then, the once stablecoin pegged to the US dollar has been trading more than 98% below $1. But the community has never really given up hope, passing a new proposal […]

Ripple’s recent win against the United States Securities and Exchange Commission (SEC) seems to have emboldened crypto firms in the space. As more companies take on the regulator in court, a lawyer has pointed out why XRP’s ruling is important. Ripple Case Ruling a Game-Changer for Crypto Industry A popular Twitter handle, MetaLawMan, has emphasized […]