Recently, there’s been a lot of discussion around how the U.S. Securities and Exchange Commission (SEC) is trying to downplay the approval for the spot Ethereum ETf while classifying Ethereum as a ‘security’. However, Grayscale’s chief legal officer Craig Slam has issued a clarification on this matter explaining how the company’s case for a spot […]
Crypto Price Prediction: Altcoins Gain Momentum As BTC Breaks $70K Again
Crypto Price Prediction: The cryptocurrency market is back on recovery tracks as the three-day rally surged the Bitcoin price above $70000. Reclaiming the psychological level uplifted a majority of major altcoins with Ethereum rising 6% today, while XRP, SOL, and BNB showcased 3-4%. The recent surge in Bitcoin’s price is attributed to significant accumulation by […]
Top Crypto Gainers of The Day
As March is about to end, we are left with one more week before this month’s end. March was one of the best performance months for the crypto market. For today (26th of May), the crypto market is back to its bullish nature. Many cryptocurrencies are rushing to recover their lost values in the season […]
AI News: Ankr Joins AI Bandwagon By Launching Neura For Blockchain
Blockchain infrastructure service provider Ankr has unleashed a new AI product as it joined the bandwagon of Artificial Intelligence pioneers. Ankr Neura AI to Solve Startup’s Challenges The news of the upcoming launch of the product dubbed Neura was announced at a time when more blockchain entities are diving into the ecosystem, marking a significant […]
XRP Whales Move 300 Mln Coins Amid SEC’s Appeal For Final Judgement On Ripple
In a riveting turn of events, following the U.S. SEC’s (Securities and Exchange Commission) recent appeal to Judge Analisa Torres surrounding a final judgment on Ripple, XRP whales appear to be on the move, shifting colossal amounts of tokens in the past 24 hours. Insights revealed by the blockchain tracker Whale Alert spotlighted over 300 […]
Sam Bankman-Fried Faces Impact Statements From FTX Users: Court Filing
As the sentencing date for Sam Bankman-Fried, the founder of FTX Exchange, looms closer, fresh developments have emerged in the legal proceedings. The submission of additional victim impact statements by United States Attorney Damian Williams has intensified the scrutiny surrounding Bankman-Fried’s case, stirring up debates about accountability and justice within the cryptocurrency community. FTX Users […]
OKX Suffers Major API Glitch, OKB Price In Jeopardy
OKX exchange has been hit with an API glitch amid reports from users who claim their crypto accounts were displaying the wrong balance. OKX API Glitch and Impact According to a report from Wu Blockchain on X, some OKX users’ accounts were displaying a zero balance while some others showed balances skyrocketing to tens of […]
Prosecutors Seek 64-Month Jail for Tornado Cash Developer
Dutch prosecutors have officially requested 64-month imprisonment for Alexey Pertsev, a developer associated with Tornado Cash, a cryptocurrency mixing service. The trial, which has garnered considerable attention, concluded its proceedings at the ‘S-Hertogenbosch court, with the final verdict scheduled for May 14. Pertsev is accused of enabling money laundering through Tornado Cash that allegedly laundered […]
BlackRock’s Bitcoin ETF IBIT With $13.8 Billion AUM Will Soon Overtake GBTC
The world’s largest asset manager BlackRock has literally stormed the crypto market by launching its Bitcoin ETF IBIT earlier this year in January 2024. IBIT has been seeing record inflows every single day since the launch with its assets under management crossing $13.8 billion. BlackRock Bitcoin ETF Is The Fastest Growing In one of his […]
HKbitEX Secures SFC Approval For VATP Type 1 & 7 Trading Activities
In what comes as a remarkable achievement within the cryptocurrency landscape, Hong Kong’s HKbitEX, a virtual asset trading platform (VATP), recently secured the Nation’s regulatory body’s ( Securities and Futures Commission, aka SFC) approval for the conduction of two types of trading activities, Type 1 (dealing in securities) and Type 7 (providing automated trading services), […]