US lawmakers are urging the Biden government to keep crypto oversight as a priority since countries at present are using it for sanction evasion. According to a Reuters report, to find out what further powers could be required to stop sanctioned entities in Russia and other countries from using digital assets like the stablecoin Tether, […]

US Bank Run: The banking stocks slid on the FOMC interest rate decision day as the Federal Reserve kept the fund rate unchanged at a 23-year high of 5.25%-5.5%. Despite turning down the possibility of any rate hike, Chairman Jerome Powell stated that the central bank is not ready to reduce interest rates in March. […]

The crypto market is going through a tough patch where the fear and greed index has called it to be in a neutral zone. The neutral zone states that the buying and selling of cryptocurrencies is balanced. The global market cap has declined from earlier, and the same is true with the trading volume. However, […]

Ethereum, the premier platform for smart contracts, is witnessing a slight decline in market value. This downturn is part of a broader market instability trend, largely attributed to anticipation surrounding the upcoming FOMC meeting. Presently, Ethereum price stands at $2,266, marking a modest 1.06% drop over the past 24 hours. Despite the overcast technical forecasts […]

Animoca Brands, in collaboration with Opal Bitcoin, initiated by Darewise and Animoca Brands, is spearheading the development of a comprehensive Web3 ecosystem. This ecosystem will cover various domains including games, entertainment, DeFi, education, and culture. As a significant milestone, Animoca Brands, a renowned Hong Kong-based game software company and venture capital firm, has secured its […]

Under the shadow of banking sector fiascos and cryptocurrency market swings, Arthur Hayes, former CEO of BitMEX, has pointed out Solana (SOL) while driving attention to a potential bullish rally for the crypto. Following the rocky history, particularly since the FTX disaster that Solana had faced, Hayes’ recent commentary brings a wave of fresh hope […]

Binance Labs, the venture capital and incubation arm of Binance, has invested in MilkyWay, a liquid staking protocol operating within Celestia’s modular blockchain ecosystem. The investment aims to support MilkyWay’s mission of revolutionizing liquid staking by providing modular liquidity for rollups dependent on Celestia for Data Availability. MilkyWay’s objective is to enhance the liquidity, composability, […]

Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again curated a tidal wave of speculations across the border crypto market on Friday, as the token’s burn rate surged over 600%, nabbing significant attention globally. As per on-chain insights unveiled by the burn tracker Shibburn, the Shiba crypto community […]

The prices of crypto including Bitcoin have plunged in the last 24 hours and the market has seen huge liquidation. More than $286 million in leveraged crypto positions were liquidated from some of these digital assets. Massive Crypto Liquidation Makes Traders Jittery According to on-chain data from CoinGlass, about 99,014 traders were liquidated in the […]

In terms of spot Bitcoin ETF trading volume, investment asset management firm BlackRock’s IBIT has finally overtaken Grayscale’s GBTC. Mounting Competition in Spot Bitcoin ETFs According to data provided by Bloomberg Intelligence, the total trading volume recorded by BlackRock’s spot Bitcoin ETF as of February 1 was around $303.4 million while that of Grayscale’s GBTC […]