XRP, an eminent cryptocurrency backed by Ripple Labs, again radiated a fervor of excitement across the cryptocurrency landscape on Friday, as the token recorded significant whale transfers to CEXs. Intriguingly, as per on-chain data unveiled by a blockchain tracking platform, over 48 million XRP on the go, appears to have nabbed noteworthy attention among crypto […]
Uniswap Increases Trading Fees to 0.25% Amid SEC Issues
Uniswap, a noted decentralized exchange, has revealed that it is increasing its trading fees. The majority of swaps will have a higher fee, moving from the previous 0.15% to a new 0.25%. This modification is in light of possible legal issues BitClout might face from the US Securities and Exchange Commission (SEC). The increase is […]
BlackRock CEO Backs Ethereum ETF After Bitcoin Success
BlackRock CEO Larry Fink recently acknowledged the potential of an Ethereum ETF in the United States, a significant development following the successful launch of their Bitcoin ETF. In an interview, Fink highlighted the successful trading debut of BlackRock’s Bitcoin ETF, IBIT, which amassed a remarkable $1.05 billion in trading volume. This achievement outstripped the first-day […]
Bitcoin Leverage Liquidation: $60K Holds, Short Liquidations to $71-75K Expected
During the heightening tensions between Israel and Iran, Bitcoin (BTC) experienced significant price volatility, dropping to a low of $61,500 over the weekend. However, there has been a partial recovery in Bitcoin since then, with Bitcoin now trading up by 1.5% at a price of $65,342.71, maintaining a market cap of $1.3 trillion Key Levels […]
Senators Urge Probe into SEC’s Misleading Bitcoin ETF Tweet
Senate Finance Committee Chair Sen. Ron Wyden, D-Ore., and Sen. Cynthia Lummis, R-Wyo., have requested an investigation into the recent security breach of the U.S. Securities and Exchange Commission’s (SEC) social media account. This request follows a misleading tweet about Bitcoin ETF approval that raised concerns over cybersecurity protocols within the agency. Senators Call for […]
UK Crypto, Stablecoin Legislation Set For July This Year
UK crypto and stablecoin laws will be implemented in full swing by July, according to the Economic Secretary Bim Afolami. The country’s new regulations come in light of the government’s attempt to make the country a crypto hub. The regulations could be in tandem with the global urge to regulate the crypto sphere better. UK […]
GameStop to Shutdown Its NFT Marketplace Amid Regulatory Scrutiny
After approximately a year and a half since its NFT marketplace launch, GameStop, the publicly-traded video game retailer, has decided to bid farewell to its platform. The marketplace, which facilitated gaming NFTs and various collectibles on Immutable X and Loopring, operating across Ethereum scaling networks, will no longer be maintained by GameStop. GameStop To Discontinue […]
Bitcoin Dominance Surged To Three Year High; What Will Happen Next?
Bitcoin dominance talks about the impact of the Bitcoin market cap on the entire crypto industry market cap. It is because Bitcoin is the most popular cryptocurrency and has the largest market capitalization, which gives it the power to impact the behavior of the crypto market. Just recently, Bitcoin Dominance surged to the highest point […]
Crypto Price Prediction For January 13: BTC, ENS, TIA
Crypto Price Prediction: The market excitement towards spot Bitcoin ETFs, which started its trading days on Thursday, has started to decline. Despite witnessing a $4.6 billion trading volume on its listing days, the crypto market witnessed a sudden sell-off on Friday which recorded a 7.5% Drop in Bitcoin, 3.66% in Ethereum, and a 6-7% drop […]
Nebraska Man Accused of $1 Million Crypto Mining Fraud
Nebraska resident Charles O. Parks III has been charged with wire fraud, money laundering, and the operation of an unlicensed money-transmitting business. Parks is accused of running an elaborate ‘cryptojacking’ scheme which employed unlawfully the cloud-based computing services for the purpose of mining cryptocurrencies worth around $1m. As reported by the United States Department of […]