The United States House Financial Services Committee and the House Agriculture Committee have written to the Securities and Exchange Commission (SEC) to clarify its position on Prometheum’s plans to offer custody services for the cryptocurrency Ether (ETH). The letter, addressed to SEC Chair Gary Gensler, emphasizes the immediate need for the SEC to clarify where […]

The world’s largest cryptocurrency Bitcoin has been showing strength by flirting above the $70,000 levels. Market investors are confused as to which direction the Bitcoin price could be heading from here onwards amid the current macro setup and fluctuating ETF inflows. Bitcoin Sell-side Liquidity At Historic Lows In its latest findings, on-chain data provider CryptoQuant […]

In the latest tussle between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs, the federal judge slammed both defendants and plaintiff’s attorneys for bringing irrelevant questions in the courtroom. Moreover, the judge offered initial instructions to the jury about key details in the fraud lawsuit. Terra Vs SEC: Judge Submits Jury Instructions As […]

The cryptocurrency market was extremely volatile on Thursday despite institutional investors’ comeback, reflected by the spike in the Bitcoin ETFs’ total daily net inflow to $417 million, according to SoSoValue data. Bitcoin is back under $70,000 reflecting the spike in volatility while Ethereum price slides into the red, hinting at a further drop to $3,000. There are many reasons […]

Following Judge Failla’s rejection of Coinbase Inc.’s motion to dismiss the Securities and Exchange Commission (SEC) lawsuit against it, industry observers are wondering what will come next in the lawsuit. Coinbase SEC Lawsuit to Extend to Discovery Phase FOX Business reporter Eleanor Terrett stated in her X post that the court will set up a […]

In recent developments within the cryptocurrency market, Issuance.Swiss, a prominent financial firm based in Switzerland, has taken notable strides. They’ve unveiled three new exchange-traded products (ETPs) designed to provide investors with exposure to popular digital assets, coupled with the allure of staking rewards. These new offerings include the Figment Ethereum Plus Staking Rewards ETP (ETHF), […]

The volatility Bitcoin price faced on Wednesday ignited fresh interest among the whales who have recently been on a remarkable buying spree. After reversing the trend from $60,000 support in the previous week, BTC touched $72,000 this week before temporally faltering below $70,000. However, due to the fresh round of demand for Bitcoin ETFs and a high-risk […]

Detained Binance executive Tigran Gambaryan has filed a lawsuit against Nigeria’s National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC).   According to reports for local media outlets, Gambaryan sued the NSA on March 28 for an alleged violation of his fundamental human rights seeking five major reliefs from the court. This […]

Shiba Inu, one of the most popular meme-based cryptocurrencies, nabbed significant investor attention today, March 29, as its price continued to soar remarkably. Amid this notable price jump witnessed by SHIB, two attention-grabbing chronicles appear to have emerged within the cryptocurrency sector. The Shiba Inu community reacted to Binance’s post on X that stated everyone […]

Uphold, a prominent digital currency platform, has introduced Ripple payments option for institutional investors. This move signals a significant step forward for the XRP community, offering a new avenue for utilizing Ripple’s On-Demand Liquidity (ODL) service. Ripple Payments Integration On Uphold Uphold’s decision to integrate Ripple payments underscores the growing adoption and utility of XRP […]