The Securities and Exchange Commission (SEC) has the authority to reject spot Ethereum (ETH) ETF proposals, potentially citing correlation issues without directly addressing Ether’s security status. This approach allows the SEC to avoid definitive classification, leading to ongoing uncertainty. Recent statements suggest that the SEC will refrain from labeling Ether unless pressured to do so, […]

Floki (FLOKI) has seen a significant increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token […]

The crypto market braces for a pivotal week ahead, marked by significant events that could steer investor sentiment and market trajectory. With Bitcoin recently hitting an all-time high, anticipation mounts as key inflation data and various developments unfold. These events, ranging from Federal Reserve announcements to blockchain upgrades, are poised to influence market dynamics in […]

This week, the United States is set to unveil significant inflation metrics, encompassing February’s unadjusted core CPI annual rate, February PPI annual rate, one-year inflation rate expectations, and more. According to CME, the likelihood of the FOMC maintaining unchanged interest rates on March 20 stands at a remarkable 97%. Crypto Market Rally Pauses Before US […]

The 2024 cryptocurrency landscape radiates optimism as certain altcoins, including Shiba Inu (SHIB), Pepe (PEPE), and Fetch.ai (FET), exhibit strong bullish momentum. These tokens stand out as promising investments, potentially turning a $1,000 investment into a staggering $100,000. The market’s current upswing underscores their potential, marking them as key players in this year’s investment strategies. […]

Unibot, a distinguished presence in the realm of crypto trading services on Telegram, has made the significant decision to sever ties with the Solana team. This development comes in the wake of a series of unsettling incidents that have shaken the foundation of trust within the Unibot community and raised pertinent security concerns. Venturing onto […]

Spot Ethereum ETF will have a key judgment in May with the SEC deciding upon the approval. However, with prevailing uncertainty, the market has started lowering the approval chances. Notably, the SEC took over a decade to approve the Bitcoin ETFs. SEC Silent on Spot Ethereum ETF Applications The probability that an Ethereum spot ETF […]

The crypto world is abuzz with debate as Pierre Rochard, VP of Research at Riot Platforms, sheds light on President Biden’s proposed 30% tax on crypto mining electricity. Rochard’s recent post challenges the Biden administration’s rationale behind the tax, alleging it is a veiled attempt to suppress the burgeoning crypto market. So, let’s look at […]

The world’s largest crypto exchange Binance on Tuesday said it is extending a promotion for several cryptocurrencies, especially meme coins on Binance Margin. Binance to offer a one-hour interest fee waiver for major trending crypto including Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), BONK, dogwifhat (WIF), and FLOKI. Binance Expands Support for DOGE, SHIB, PEPE, […]

In an intriguing turn of events, following a significant price rally witnessed by nearly all of the meme coins trading within the cryptocurrency realm, a substantial slump pulling the prices down has piqued the interest of crypto market traders and investors globally. Amid this slump witnessed, insights unveiled by the tracker Spotonchain, showcasing massive SHIB […]