In a riveting turn of events, despite Bitcoin’s recent turbulent price action, former PayPal president David Marcus took a bullish stance on the world’s largest crypto by global market cap. Speaking with Michael Saylor at the Bitcoin for Corporations event 2024, Marcus proclaimed Bitcoin to be the future native currency of AI (artificial intelligence), sending […]

Bitcoin mining has always been under scrutiny for its high power consumption. However, a recent New York Times report highlighted how the only issue with Bitcoin mining is not its high electricity consumption. Problems with the intense process of creating the OG cryptocurrency range from increased environmental pollution to human resource implications. The following analysis […]

Fluctuations are the order of the day in the cryptocurrency landscape, as the global crypto market tries to recover with an increase of approximately 2% in market capitalization to record 2.17 trillion. The value of Bitcoin (BTC) is still a hotly debated topic as it steadily decreases in price, despite the recently completed Bitcoin halving. […]

US Federal Reserve (Fed) Chair Jerome Powell in the 60 Minutes interview further confirmed that the central bank is more cautious about rate cuts, especially after the recent economic data. He said the US economy remains strong and the FOMC wants to see more evidence of inflation moving down to 2%, denying the theory that […]

Investment asset management firm Franklin Templeton published a report detailing Solana’s (SOL) accelerated adoption over some time. With the validation from the firm, Solana has jumped by more than 9% to $138.46. Franklin Templeton Lauds the Solana Resilience Solana’s survival and resilience after the unfortunate implosion of the FTX cryptocurrency exchange were identified. The cryptocurrency […]

The Financial Services Commission (FSC) of South Korea has unveiled a revised reporting system for virtual asset service providers (VASPs). This action aims to strengthen the regulatory framework for recruiting executives and representatives in the crypto industry. The new regulations require a stringent recruitment process by the authorities before the official appointment of new executives, […]

Ryan Salame, previously serving as the co-chief executive of FTX Digital Markets, has reached a significant legal agreement regarding his multimillion-dollar property situated in the Bahamas. As part of a plea deal in connection to a criminal case, Salame has consented to the transfer of his Bahamian residence. This transfer forms a crucial component of […]

Bitcoin ETF approval was a landmark decision for the entire digital currency sphere, giving a mainstream platform to the virtual asset. However, since the approval of the ETFs, only two of them have emerged as a great success. These two ETFs, namely Blackrock and Fidelity have dominated the ETF sphere with high inflows since their […]

In what stages as a bullish event within the cryptocurrency landscape, a PEPE whale accumulated massive amounts of the frog-themed meme token today, May 3, piquing global attention. The transaction, emerging amidst the token’s nearly 7% price rally, has ignited a torrent of optimism among crypto market participants. After a period of consolidation, with Pepe […]

Dogecoin (DOGE), the largest meme coins by market cap, has lost 26% from the high attained in 2023. However, the meme coin is observing a significant surge in wallet adoption. This could be a catalyst in propelling the DOGE price toward a strong rebound in the near future. Increase In Dogecoin Wallet Adoption In just […]