Tech enthusiasts are abuzz with excitement as Elon Musk’s X Payments secures yet another feather in its cap with a newly acquired payment license in Louisiana. The latest development adds to the momentum of X Payments, following last week’s acquisition of three additional money transmitter licenses across various U.S. states. However, amid the fervor, speculation […]

The recent positive run in the cryptocurrency market has sparked a transfer of $1.4 billion worth of USDC to digital asset exchange, Coinbase. According to on-chain crypto analytics firm CryptoQuant, the highest inflow of the stablecoin USDC was recorded with $1.4 billion worth of the asset on Coinbase. Although details of the transfers remain sketchy, […]

The open interest in Bitcoin futures on centralized exchanges has reached a new peak. According to CoinGlass, the figure hit $38 billion on Friday. This represents a significant milestone, indicating heightened trading activity around Bitcoin. Bitcoin Futures Open Interest Skyrockets in 2024 Since the beginning of 2024, the daily Bitcoin futures open interest growth has […]

Amid the global scrutiny encountered by the newly emerging tech of AI (artificial intelligence), the Biden administration’s recent enhanced approach in barring AI chip exports to China nabbed global attention. Making it harder for the Chinese market to access U.S. AI chips and chipmaking tools, these revamped export curbs come as a measure to hamper […]

The Medallion Fund, managed by top mathematicians at RenTech, has achieved remarkable returns over the years. Renowned for its consistent profitability, the fund has yielded impressive results, reaching a staggering 7.4 times its initial investment over a span of 7 years. Bitcoin, the largest cryptocurrency by market cap, has demonstrated significant growth potential over the […]

Justice Scott Skavdahl, who has been hearing the case between Custodia Bank and the Federal Reserve, changed his view on the issue of the Fed’s power over the master account applications. At first, Judge Skavdahl appeared to be doubtful that Congress had given the Federal Reserve complete freedom in determining such applications.  This viewpoint entailed […]

Charles Hoskinson, Cardano’s founder, believes that activating decentralization governance, the treasury, and partner chains are key catalysts to driving blockchain sustainability. Improving Blockchain Scalability and Transaction Volume The Cardano founder shared these key catalysts for blockchain sustainability in response to an earlier X post. Patrick Tobler, a crypto enthusiast and the CEO and founder of […]

Over the past two weeks, PEPE, the Frog-themed memecoin is wavering sideways struggling to sustain above the $0.0000086 resistance. Such similar consolidation in most major altcoins follows the lead of Bitcoin price fluctuation around $70000. However, the pre-having consolidation likely influences this behavior, allowing the BTC price to stabilize as the event heightens volatility. Will […]

The Ethereum ecosystem is currently undergoing a profound transformation with the introduction of a groundbreaking protocol simplification strategy coined as the “Purge” plan. This initiative, championed by none other than Ethereum co-founder Vitalik Buterin, seeks to revolutionize the Ethereum protocol by streamlining its intricate framework and alleviating the strain on node resources. The crux of […]

Bitcoin (BTC) HODLers who were less bothered about the gradual drop in the price of the leading cryptocurrency may be getting concerned after reading what Jim Cramer might have implied regarding the status of the coin. Could BTC Be The Subject of Jim Cramer’s Post? The “Mad Money” host has not had anything positive to […]