Sullivan & Cromwell has rejected claims that it was complicit in a billion-dollar fraud involving the failed crypto exchange FTX. The law firm has asked a federal judge to dismiss the lawsuit brought by FTX investors, labeling it as “innuendo masquerading as facts.” Sullivan & Cromwell Denies FTX Fraud Lawsuit In a recent court filing, […]

Amid the current market uncertainty, the Polygon coin price showed notable resilience above the $4.945 mark. This altcoin currently trades at $0.992 and shows lower price rejection at this support reflecting the buyer’s accumulation. As the price has surged above 50% of the last correction phase, the buyers stay the dominant force in this asset, […]

Coming as an effort to revolutionize crypto offerings for users, Binance, the world’s leading cryptocurrency exchange, has revealed its latest update surrounding the cessation of support of specific BTC and TUSD spot trading pairs. In an official statement released today, May 15, ‘to protect users and maintain a high-quality trading market,’ Binance is all set to delist […]

Shiba Inu, one of the most prominent meme coins within the cryptocurrency realm, once again birthed a torrent of speculations across the broader crypto market on Saturday, as the token’s burn rate surged phenomenally over the past week. With a staggering 42.05 million SHIB transferred to a dead wallet today, the Shiba crypto community continues […]

Blockchain payments firm Ripple Labs Inc. and its developers have launched the Brazil Fund as it looks to foster the development of XRP Ledger (XRPL) in the country. The company revealed that Brazil comes off as the first country it is announcing a major fund to support its local tech ecosystem. Powering the Ripple XRP […]

As the Bitcoin (BTC) price continues to flirt in the range of $50,000-$52,000, investors are eagerly awaiting a rally before the upcoming Bitcoin halving in April 2024. However, banking giant JPMorgan said that the impact of halving is already priced in. Retail Investors Excited for Bitcoin Halving After a brief pause in January, individual investors […]

Despite ruling the crypto market, Ethereum dropped to $2866 earlier today. It is not only the ETH situation as the entire crypto market is facing another slow day where the recoveries are slow and fall prominent. Ethereum is highly affected by the market’s neutral sentiment, as it’s been below the $3K mark for days now. Not only that, but its […]

Crypto markets have been on the edge recently as mixed signals have prompted confusion about the Fed’s rate cut trajectory. Fanning the same concerns more, a recent surge in the US stock market has indicated that purchasing power might still be thriving among investors. In the middle of uncertainty, the idea that rates will stay […]

The top crypto prices today rallied after the cooking U.S. CPI data was released on Wednesday, May 15. The Bitcoin (BTC) price surged past the $65,000 mark. Moreover, the Ethereum (ETH price regained the $3,000 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also recorded significant gains. Major Crypto Prices […]

Ethereum Price: ETH, the second-largest cryptocurrency, experienced significant volatility this week, reflecting the consolidation of Bitcoin prices below $38,000. This sideways movement led to a decrease in bullish momentum across the crypto market, hindering the progress of most major cryptocurrencies.  Despite this, with the Bitcoin price stabilizing above $30,600, ETH witnessed a resurgence in buying […]