Gold Price Prediction: During Asian trading hours on Monday, the Gold price hit a new all-time high of $2,265 per troy ounce. However, the yellow metal witnessed a sudden pressure in the US session, following the release of the upbeat US Manufacturing PMI data. The selling pressure evidenced by a long-wick rejection candle, the XAU/USD […]

The decentralized exchange dYdX has announced its plans to restructure operations by setting up a legal entity in the Cayman Islands. This legislation coincides with the rising regulatory scrutiny by U.S. authorities towards DeFi protocols. Community-Backed Restructuring Plan The move to transfer some of the dYdX operations to the Cayman Islands was approved through a […]

In a recent development, Binance Labs, the independent investment arm of Binance, has stirred speculation after transferring a massive STEPN (GMT) reserve. The reserve was transferred to Binance Deposit, which spurred rumours of a possible selloff of investment tokens. Moreover, the GMT price plunged 14% after the transaction, catalyzed by the bearish market trend. Binance […]

CoinSwitch, a significant player in India’s cryptocurrency exchange realm, has recently unveiled Lemonn, a fresh addition to its repertoire in the form of a stock trading application. Lemonn’s emergence comes as a strategic response to the challenges faced by the cryptocurrency market, particularly concerning regulatory constraints, which have led to a decline in trading volumes. […]

In the last 30 days, Ethereum is down by 4%. Notwithstanding this, ETH holders demonstrate a tendency for liquid restaking protocols to be preferred over the likes of the traditional platform of Lido Finance. The data collected by the Dune Analytics dashboard, developed by researcher Hildobby, points to a substantial change. It shows that Lido […]

In a testimony at a New York City federal court, Brian Curran, the former head of communications at Terraform Labs, disclosed the company’s misleading practices. His statements contribute to the ongoing legal scrutiny following the collapse of TerraUSD in 2022. Curran, once at the forefront of Terraform’s public relations, voiced his frustrations with the company’s […]

Ethena (ENA), a burgeoning DeFi project, has surged in popularity following its recent launch, with its price climbing over 20%. Besides, adding fuel to the fire, BitMEX co-founder Arthur Hayes has expressed bullish sentiments towards Ethena, predicting a rally to $10. His endorsements have stirred discussions and curiosity in the crypto community. Notably, crypto has […]

Binance, a major player in the cryptocurrency exchange realm, finds itself embroiled in legal turmoil as its executives face impending court trials in Nigeria. With accusations of money laundering and tax infractions looming large, the upcoming legal proceedings have cast a shadow over the platform’s operations. Notably, amid the anticipation surrounding the trial, Binance has […]

The meme coin sector tumbled the most as Bitcoin corrected from last week’s highs above $70,000. Tokens like PEPE, WIF, and BONK slashed gains made in March by considerable margins. With the outlook of the crypto market still bearish, Pepe Coin price has an uphill battle to keep declines at bay and nurture an uptrend, especially now that the […]

Stablecoin wallets have emerged as a safe and viable option for people to have their money in decentralized and away from the government. Forbes highlights that payment rejections, unfavorable government policies, etc. are likely to make people jump on the crypto and stablecoin bandwagon.  Stablecoin Wallet Help Keep Money Away From Banks Forbes highlights that […]