The EtherFi airdrop proposition has sparked controversies among investors because of the uneven distribution of the token. On the 16th of March, EtherFi revealed the plans for the first phase, where 6% of the total token supply will be released. The second phase will cover another 5% of tokens in airdrop. So what’s the trouble? […]

OKX ranked as the fourth-largest crypto exchange globally, has announced the discontinuation of Tether (USDT) trading pairs. This ruling will impact users located in the European Economic Area (EEA). The event is prior to the implementation of the Markets in Crypto-Assets (MiCA) regulations. It highlights the rather aggressive stance that exchanges are taking in regard […]

Recently, Offchain Labs has effectively implemented the Atlas upgrade in the Arbitrum ecosystem to reduce transaction fees for Arbitrum network users. This was achieved by implementing blobs, a new transaction type introduced in the recent Dencun upgrade. Despite this network improvement, Arbitrum (ARB) has been painting its performance chart red because of its declining value. […]

Cryptocurrencies are in the red since the weekend sell-off that saw Bitcoin price drop from near-all-time high levels to $66,000. Some semblance of stability was witnessed on Monday, however, volatility did not easy triggering more widespread losses on Tuesday. After correcting by 8.6% in 24 hours, BTC price holds at $62,500. Altcoins including Ethereum have […]

Matt Hougan, Bitwise‘s Chief Investment Officer (CIO), said that they would rather delay the launch dates for Ethereum spot Exchange Traded Funds (ETFs) than settle for fee waivers from regulated exchanges. According to Hougan, while the financial sector foresees that the U.S. Securities and Exchange Committee’s (SEC) decision to approve the first spot for Ethereum […]

In the latest release from S&P Global Ratings, the Mountain Protocol’s USDM stablecoin has been granted an “adequate” rating regarding its stability and ability to maintain its peg to the U.S. dollar. This assessment is part of the firm’s ninth Stablecoin Stability Assessment, aimed at providing tolerance and dependability for different stablecoins within the market. […]

In what unfolds as an attention-grabbing spectacle within the cryptocurrency realm today, March 20, Shiba Inu’s marketing lead’s 40 million SHIB accumulation sparked immense curiosity among crypto market enthusiasts globally. Following its emergence amid the meme token’s recent dip below $0.00003, this accumulation rode the highly optimistic buy-the-dip wave, fueling optimism for the meme coin […]

Terra Luna Classic has hit a new milestone as the number of LUNC and USTC holders hit a new high of 5.5 million. The rate of increase is comparatively low to the post-Terra Luna crisis in 2022, but the number of wallets holding Terra Luna Classic ecosystem tokens continues to rise, primarily due to support […]

Over the past two weeks, the crypto market has witnessed a notable downturn following the lead of Bitcoin price which recently plunged below $65000. While the aggressive selling price sparked a correction phase in most major coins. The Avalanche coin price shows notable resilience above $50 psychological support. Will this demand pressure trigger a fresh […]

The world’s largest cryptocurrency Bitcoin (BTC) has witnessed a strong bounceback above $67,000 following the Fed’s dovish commentary on Wednesday. At press time, the Bitcoin (BTC) price is up 8.8% trading at 66,787.80 with a market cap of $1.314. However, the spot Bitcoin ETFs registered net outflows for the third consecutive day in a row. […]