Following a substantial price rally witnessed by XRP today, February 28, a leading crypto market analyst, Dark Defender, proclaimed the Ripple-backed cryptocurrency to be nearing its wave three targets, garnering significant attention among crypto market enthusiasts globally. According to a post shared by the analyst on the social media platform X, XRP potentially showcases the […]
Just In: Ark 21Shares Bitcoin ETF (ARKB) Adopts Chainlink Proof of Reserve
For its spot Bitcoin ETF, Ark 21Shares’s ARKB has incorporated Chianlink’s proof of reserves. The move comes as the firm incorporates transparency and better functionality for investors. The integration also comes at a time when a higher demand for Bitcoin ETFs has spurred investors to jump on the crypto bandwagon. ARKB Incorporates Chainlink’s Proof of […]
Snowden Predicts National Govt to Buy Bitcoin This Year Secretly
Edward Snowden, a whistleblower, shared a forecast on the social platform X, hinting at a major turn of events in the cryptocurrency sector in 2024. According to Snowden, a national government is expected to covertly enter the Bitcoin market by making significant purchases of the digital currency. The aforementioned forecast sparked wide debate and discussions […]
Binance Nigeria: Crypto Crackdown Deepens Amid Currency Speculation Probe
The crackdown on cryptocurrency exchanges in Nigeria intensifies as the government detains two Binance executives amidst allegations of currency manipulation and illicit fund movements. Meanwhile, this move comes as part of efforts to stabilize the nation’s foreign exchange market and safeguard the value of the local currency, the naira. Binance Executives Detention & Government’s Probe […]
Telegram Addresses Toncoin (TON) Supply Concerns Amid Ad Platform Launch
In response to growing concerns about the concentration of Toncoin (TON) supply within Telegram’s ecosystem, CEO and Founder Pavel Durov has unveiled a proactive strategy aimed at maintaining decentralization and stability. This announcement comes as Telegram prepares to launch its long-awaited advertising platform, marking a significant milestone in the platform’s evolution. Telegram CEO Eases Toncoin […]
Solana Price Prediction: Is SOL’s Rally To $200 Imminent In March?
Solana price prediction: SOL has made remarkable strides in the past day, demonstrating a strong bullish pattern on its chart. Witnessing an impressive rally, Solana’s value has soared by over 14%, reaching a new year’s peak at $130. This surge is part of a wider market upswing spearheaded by Bitcoin, which has surpassed the […]
House Committee Moves to Overturn SEC Crypto Custody Rule
The House Financial Services Committee has opposed the proposed Securities and the Exchange Commission(SEC) Staff Accounting Bulletin 121(SAB 121), a regulation that has become a heated ‘bone of contention’ between the financial and cryptocurrency groups. Consequently, the committee’s vote to advance a resolution disapproving of SAB 121 marks a significant step towards altering the landscape […]
Dogecoin Whales Shift 276M DOGE Sparking Speculation, $1 Rally Hits A Wall?
In an intriguing turn of events, following a substantial rally witnessed by Dogecoin recently, three noteworthy whale transactions surfaced across the broader crypto market, showcasing the reshuffling of a staggering 276.06 million DOGE. These transactions promptly gained significant traction among crypto market fanatics globally as DOGE’s run past the $0.1 mark painted a bullish climate […]
Binance User DoomXBT Victim of $70K Digital Asset Theft
A crypto trader known as “DoomXBT” reported a significant breach in his Binance account, resulting in the loss of $70,000 in digital assets. This breach underscores the growing concerns over digital asset security, even among platforms like Binance with robust security measures. Unauthorized Transactions Unraveled DoomXBT agony started on the 29th of February when they […]
Crypto Mining Data Collection Halted by US Administration Amid Ongoing Lawsuit
The US Energy Information Administration (EIA) has decided to stop the data collection about energy consumption during crypto mining activities. The decision comes after a lawsuit was filed by industry participants including The Texas Blockchain Council and Riot Platforms to stop the data collection. US EIA to Stop Survey on Energy Consumption During Crypto Mining […]