KuCoin, one of the prominent cryptocurrency exchanges, finds itself under scrutiny due to recent actions taken by the United States Department of Justice (DoJ). Allegations have been made against KuCoin and its co-founders, Chun Gan and Ke Tang, regarding their operation of the exchange. In response to these developments, KuCoin has issued a statement addressing […]
KuCoin Faces Over $1.1 Billion In Outflows After Recent DoJ Action
Massive outflows have ensued at the crypto exchange KuCoin after the U.S. Department of Justice indicted KuCoin over the violation of anti-money laundering rules and Bank Secrecy Act regulations. There have been massive withdrawals taking place on the crypto exchange KuCoin as investors rush to pull their assets out. Over $1.1 Billion Withdrawn From KuCoin […]
South Korean Investors Swarm BITX with $122M, Outpacing TSMC
In March, South Korean investors exhibited remarkable interest in the VolatilityShares’ 2X Bitcoin Strategy ETF (BITX), injecting a substantial $122 million into the fund. This surge propelled BITX to the position of the fifth-most purchased foreign security in South Korea, outpacing well-known entities such as Tesla and TSMC. Experts attribute this notable increase in BITX […]
Pepe Coin Price Analysis: Can Current Market Correction Offer New Buying Opportunities?
Pepe price analysis: Pepe, a popular meme-based cryptocurrency, has recently seen a bullish trend, captivating traders and investors alike with its upward trajectory. However, the latest developments have shown a swift change in the market’s dynamics. The cryptocurrency has experienced a notable pullback; currently, Pepe price is at $0.000007708. This represents a decline of 6.94%, […]
How Lower Top Formation Puts Cardano Price at Risk of Losing $0.5 Support
Amid a recent upswing in the crypto market, the Cardano price showed a notable reversal from the 100-day EMA slope at $0.57. This positive turnaround uplifted the coin value to 20% within a week to hit a high of $0.683. However, overhead supply at this barrier hints the traders are selling at a bullish swing […]
Dogecoin Defies Broader Market Trends with 6% Surge, DOGE Price Breakout Soon
The world’s largest meme coin DOGE has been recently on investors’ radar, gaining over 6% in the last 24 hours while defying the broader market downside. As of press time, the Dogecoin price is trading 5.31% up at $0.1982 with a market cap of $29.4 billion and daily trading volumes shooting up by 53% all […]
Just-In: STRAX Price Rallies 10% As Stratis Secures VASP License In Spain
In a significant gust of developments within the cryptocurrency realm, the blockchain-developing platform Stratis recently secured a VASP license in Spain, advancing further with its cryptographic venture. This move by the blockchain developer underscored the firm’s efforts to comply with global regulatory norms, coming in tandem with the sudden rise in the requirement for seamless […]
Base Chain Memecoins Surge Amid Coinbase-SEC Lawsuit
Base Chain memecoins are exploding with massive daily gains amid a federal court ruling on the case between the Securities and Exchange Commission and cryptocurrency exchange Coinbase. On-chain data shows huge gains on the base memecoin ecosystem with some assets posting above 20% gains in the last 24 hours. The market capitalization of base memecoins […]
Spot Ethereum ETF: Bitwise Submits S-1 Ethereum ETF Filing
Bitwise Asset Management has submitted an S-1 form with the U.S. Securities and Exchange Commission (SEC) for an Ethereum Spot exchange-traded fund (ETF). Bitwise Moves Forward Despite Regulatory Hesitations Although the current uncertainty in the regulatory field is apparent, Bitwise has been resolute in its effort to introduce a spot Ethereum ETF. This initiative has […]
Just-In: Binance Announces 50th Launchpool Project Ethena (ENA)
Binance, a prominent player in the cryptocurrency exchange sphere, has unveiled its highly anticipated 50th Launchpool project, Ethena (ENA), a pioneering synthetic dollar protocol. This marks a significant milestone for Binance as it continues to diversify its offerings and support innovative projects within the blockchain ecosystem. Excitement surrounds the imminent launch of Ethena, with the […]