Shiba Inu has continued its rise recently as data shows the social volume of the cryptocurrency has also registered a sharp growth. Shiba Inu Social Volume Has Risen 65% In The Past Week Shiba Inu has enjoyed an uptrend recently as the much-anticipated Shibarium upgrade of the memecoin is expected to drop later this month. […]

In a stunning turn of events, FTX founder Sam Bankman-Fried has been ordered to await trial behind bars after a bail hearing revealed alleged attempts to influence witnesses against him, according to a recent report by the St. Louis Post.  The decision, made by US District Judge Lewis A. Kaplan, came after prosecutors presented evidence […]

Sam Bankman-Fried, Founder and CEO of the insolvent crypto exchange FTX, has made a return to New York City amidst intensifying legal pressures.  Bankman-Fried’s arrival in New York comes as prosecutors push for his incarceration and the cryptocurrency exchange founder awaits a court hearing in the Manhattan federal court on Friday, August 11, to determine […]

Coinbase’s newly launched layer-2 network, Base, has reached a new all-time high in user base. According to data from Dune Analytics, Base recorded a 30% increase in daily users, exceeding 100,000 a day following its official launch. The Dune Analytics data shows that on August 10, over 136,000 daily users were recorded using the layer […]

Peter Schiff, a Bitcoin hater and prominent financial analyst renowned for his insights into economic trends, has turned his scrutiny toward the recent United States inflation data, raising questions about the efficacy of the Federal Reserve’s campaign to curb escalating prices.  The Consumer Price Index (CPI), a headline indicator meticulously tracked by economists, exhibited a […]

The impending launch of a digital version of the euro has been a topic of much discussion in recent years. Seen as a European answer to the rise of digital currencies and an attempt to modernize its monetary system, the European Union’s commitment towards a digital euro has garnered both anticipation and skepticism. With the […]

Robinhood seems to be finally done with a legal battle that has spanned the course of more than two years. Robinhood Markets recently defeated a group of investors as a United States Federal Appeals court just dismissed the appeal of a class action lawsuit against the crypto and stock trading firm. Appeals Court Throws Out […]

In a groundbreaking move, Visa has announced the successful testing of a mechanism that allows users to pay Ethereum’s on-chain gas fees directly using fiat through credit or debit cards. This experiment, conducted on the Ethereum Goerli testnet, could potentially revolutionize the way users interact with the Ethereum blockchain, making it more accessible and user-friendly. […]

In a move aligned with the predictions of Bloomberg’s ETF expert, James Seyffart, the US Securities and Exchange Commission (SEC) has issued a delay letter regarding the application for the Ark Invest Bitcoin (BTC) Spot Exchange-Traded Fund (ETF).  This decision has sent ripples of uncertainty through the cryptocurrency investment community, highlighting ongoing regulatory challenges within […]

Bitcoin (BTC) investors and enthusiasts are bracing themselves for a potential seismic shift in the cryptocurrency landscape, as a prominent analyst warns that the post-2024 Bitcoin halving could usher in a “major bear market.”  CrediBULL Crypto has stirred the crypto community with his recent analysis, suggesting that the upcoming halving event might not be the […]

Since launching on August 7, Paypal’s stablecoin PYUSD hasn’t received the best of welcomes. From centralization concerns to regulatory scrutiny, there are signs to suggest that the stablecoin might have a hard time settling in, and a recent development further cements this belief.  Fed’s Warning To Banks In a letter dated August 8, the Federal […]

Worldcoin, a well-known cryptocurrency project, has been the subject of a detailed investigation by the Argentinean Agency for Access to Public Information (AAIP). This action is a part of a larger trend in which other nations around the world are looking into the project’s operations. The AAIP’s study is primarily concerned with thoroughly assessing the […]

Central Bank Digital Currencies (CBDCs) have been gaining prominence around the world over the last couple of years and Canada has not been left out. However, unlike some countries where these central bank-issued digital currencies seem to be picking up steam, Canadians have not been as welcoming. To this end, the Bank of Canada has […]

In a strategic move that mirrors recent actions by Valkyrie Funds, Bitwise Invest has filed an updated prospectus to transition its Bitcoin futures ETF (BITC) into the “Bitwise Bitcoin and Ethereum Equal Weight Strategy ETF”. This shift, set to take effect on October 9, 2023, is seen by many as a tactical play in the […]

A crypto security breach has exposed a significant vulnerability within the Libbitcoin Explorer 3.x library, resulting in the illicit withdrawal of more than $900,000 from Bitcoin users’ accounts. The breach was detailed in a recent report by SlowMist, a blockchain security firm. The targeted software, Libbitcoin Bitcoin Explorer, is a command-line tool extensively employed for […]

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a focal point for the crypto community, and the recent developments have only intensified the spotlight. The SEC’s request for an interlocutory appeal has stirred a whirlwind of analysis, with legal experts weighing in on the potential outcomes and their […]

Gemini, the US-based crypto exchange, announced its support for XRP following Ripple’s recent legal breakthrough.  Gemini Enables XRP Deposits Effective immediately, Gemini users can deposit XRP tokens on the platform. This decision comes after a prolonged absence due to the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).  Related Reading: […]

PancakeSwap (CAKE), the renowned decentralized finance (DeFi) platform, has announced its expansion to Arbitrum One, a move that aims to bring a seamless and “user-friendly” DeFi experience to the Arbitrum network.  With a focus on accessibility and cost-effectiveness, PancakeSwap aims to give users new opportunities while introducing Swap and Liquidity Provision functionalities and upcoming Farms […]

Per a Bloomberg report, Digital Currency Group and its CEO Barry Silbert are moving to try to dismiss the lawsuit filed by their former partner, crypto exchange Gemini. The two entities have been in a legal battle since early 2023 due to its “Earn Program,” which collapsed with Genesis.   Related Reading: Dogecoin Whale Transaction […]

The current market conditions in the crypto market have undoubtedly negatively impacted several cryptocurrency firms, with many firms experiencing losses on their balance sheet. In a recent development, crypto exchange Bitstamp seems to have suffered a similar fate following the release of its 2022 financial report. Bear Market Woes UK crypto exchange Bitstamp Ltd recently […]

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 […]