Terra’s co-founder Do Kwon’s appeal to reject extradition has been accepted by a Montenegro court, returning the case to the first instance to the court for retrial and decision. Montenegro Court Accepts Do Kwon’s Appeal The Court of Appeals of Montenegro revoked a previous decision by Montenegro High Court to extradite Do Kwon to South […]
Crypto Regulation: CFTC Chair Predicts More Crackdowns In 6-24 Months
The digital currency ecosystem is under the watchful radar of the regulators in the United States, stirring new twists in crypto regulation enforcement. With many enforcements introduced in the past year, Rostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC) has hinted that more crackdowns are ahead. Robinhood Crackdown Might Not End Crypto […]
Crypto’s Appearance in Terrorism Debate Makes Comeback; US Senator Poses Questions
The legitimacy of crypto has been time and again questioned due to its involvement in illicit activities. The looming concern has again surfaced with a US senator posing questions to the secretary of treasury about how the country is planning to combat digital asset transactions used in terrorist activities. Sherrod Brown raises questions on crypto’s […]
Solana Price Soars 5% Despite $380M SOL Transfer To Coinbase, What’s Next?
The Solana price has rallied nearly 5% today, despite a series of massive whale transfers to the Coinbase exchange today. Notably, this move has sparked speculations over the potential impact of the transfers on the Solana price. Meanwhile, the SOL price has maintained a positive momentum today, despite a retreat in other major crypto prices like Bitcoin, Ethereum, and others. Massive […]
Bitcoin (BTC) Price Eyes 20% Rally As Exchange Supply Drops to Six-Year Low
In the past 48 hours, Bitcoin bulls have seized control following nearly a month of consolidation post the approval of the spot Bitcoin ETF. The Bitcoin price has surged by an extra 3.5% in the last 24 hours, reaching $46,063, with a market capitalization of $903 billion. Bitcoin Exchange Supply At Six-Year Low The strong […]
Just-In: Shiba Inu (SHIB) Bags Nexo Listing, Will SHIB Price Rally
Dog-themed memecoin Shiba Inu (SHIB) has finally gone live on Nexo after several weeks of hinting at the listing. Nexo Applauds Shiba Inu (SHIB) Evolution Nexo reiterated the news of the SHIB listing on X on Tuesday, acknowledging the outstanding evolution of the cryptocurrency over the years. According to the X post, Shiba Inu launched […]
Here’s Why Solana (SOL) Price Rising Despite Recent Outage
Solana has been on the investors’ radar lately, amid a surge in the SOL price despite a recent outage. Meanwhile, the Solana (SOL) crypto has shown resilience, experiencing a surge in price and crossing the $106 mark, which has caught the attention of investors. Notably, with SOL now trading above $106, analysts foresee further gains […]
Coinbase CLO Roasts SEC Chair For “Misleading” Securities Statement
Ever since Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC) publicly categorized certain crypto assets as security, he has constantly received backlashes, the latest coming from Coinbase Chief Legal Officer (CLO) Paul Grewal. Coinbase CLO To SEC Chair, Tokens Are Not Securities Grewal took to X, highlighting a statement made by […]
Could Bitcoin’s Open Interest Peak Signal a New Price Rally?
Bitcoins open interest has reached a record level of $12 billion, a number last seen in January 2018. The spike in Open Interest coincides with Bitcoin’s price recovery, which has recently broken past the $47,000 mark. The Cryptocurrency community is jam-packed with the bullish spirit as the numerous metrics indicate a possible change of trend, […]
Ethereum Price: Whales Move 150K Coins Amid ETH Retreat, What’s Next?
Ethereum (ETH), the second largest cryptocurrency by global market cap, has once again turned heads across the broader crypto market. With a highly turbulent price action illustrated in the past 24 hours, the token appears to have ignited a flurry of whale activity, per on-chain data hovering over the crypto horizon. Over 150,000 ETH tokens […]