Backpack, the Dubai-based crypto exchange led by former FTX and Alameda Research executives, has made waves once again with its latest announcement of expanding its services to the United Kingdom. Notably, this development comes on the heels of a successful funding round and marks a significant milestone for the burgeoning exchange. So, let’s delve into […]
Why Are Billionaires Selling? Is A Market Crash Ahead?
With S&P Global standing at its all-time high, one would expect investors and market participants to hold on to their stock investments. However, according to the market indications, many elite and billionaires have hoped on a selling spree for stocks and funds. From Jeff Bezos to JP Morgan’s head, many company leaders have sold their […]
Solana Tensor Foundation Plans Release of TNSR Governance Token
The Solana-based NFT marketplace, Tensor, managed by the Tensor Foundation, is gearing up to launch a governance token named TNSR. The announcement was made public by the foundation of this through a post on a social media platform with generated curiosity among the communities of cryptocurrency and NFT. The shift is in line with the […]
Digital Chamber CEO Opposes Biden’s 30% Tax On Bitcoin Mining
Perianne Boring, CEO of the Chamber of Digital Commerce (CDC), stands firm against the Biden administration’s plan to impose a 30% tax on crypto mining. In her critique, Boring emphasized the pivotal role of Bitcoin mining in boosting energy security and opposed the recent tax proposal. Perianne Boring Stands Firmly Against Bitcoin Mining Tax Boring […]
BlackRock (IBIT) & Fidelity (FBTC) Bitcoin ETF Rally Amid Record $1.05 Bln Inflow
In the pre-market trading today, BlackRock’s IBIT and Fidelity Wise’s FBTC, both prominent Spot Bitcoin ETFs, surged notably following a strong influx of funds on Tuesday. This surge was mirrored by their main competitors, including Grayscale’s GBTC, VanEck’s HODL and Valkyrie’s BRRR. BlackRock & Fidelity BTC ETFs Surge BlackRock’s iShares Bitcoin ETF (IBIT) saw a […]
Shiba Inu Flips Dogecoin and Solana in Weekly Trading Volume: Kaiko
Shiba Inu (SHIB) has amassed significant demand as it surpassed both Dogecoin (DOGE) and Solana (SOL) in weekly trade volume. In the meme coin market, Dogecoin is the market leader, however, Shiba Inu outpaced DOGE in the weekly trading volume last week. Shiba Inu Weekly Trade Volume Surpasses Dogecoin With an astonishing $31 billion in […]
US Seeks Forfeiture of $2.3M in Crypto Tied to Online Scams
The US Attorney’s Office in Massachusetts has initiated a civil forfeiture action aimed at recouping $2.3 million in cryptocurrency. This amount is associated with several internet frauds, with 37 victims all over the country. The measure, in a consolidated approach by federal agencies, is aimed at dealing with and reducing the impacts caused by internet […]
Solana (SOL) Price Tops $170: Key Reasons Fueling Rally
In a significant gust of developments witnessed across the cryptocurrency landscape recently, Solana’s price’s topping of the $170 mark appears to be gaining considerable traction among crypto market enthusiasts across the globe. Coming in tandem with the beginning of an exciting crypto market bull run observed recently, Solana mirrored immense optimism across the broader crypto […]
Hong Kong SFC Issues Alert on Bybit and Its Products
The Hong Kong Securities and Futures Commission (SFC) has issued a warning against the virtual asset trading platform Bybit. The alert pertains to multiple crypto-related products provided by Bybit that are suspected of being unlicensed and risky to investors located in Hong Kong. The SFC’s announcement aims to clarify the regulatory stance on virtual asset […]
15 New upcoming Coinbase Listings in 2024
Crypto traders are actively looking for what to add to their portfolio ahead of what looks set to be a busy bull run. One of the best choices would be to hunt for upcoming listings on exchanges. Going for coins before they list has several advantages. First, they come at discounted prices. This allows you […]