BingX, a prominent crypto exchange, has secured the coveted title of the Official Sleeve Partner for Chelsea’s Men’s Playing Kits. This partnership will extend for the remainder of the 2023-24 season. Additionally, BingX will feature on the Men’s Training Kits for the subsequent two seasons. Meanwhile, this partnership signifies BingX’s first foray into the realm […]

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon says Artificial Intelligence (AI) technology is key to transforming the financial services sector, likening its positive disruptive impact to that of steam engines as it “augment virtually every job.” In his annual shareholder letter, Dimon maintained that AI has huge economic potential, not just for Wall […]

Shiba Inu Price Prediction: Shiba Inu’s (SHIB) price took a surprising route in the first trading days of 2024, defying expectations of a bullish start to the year. Additionally, the meme coin came close to confirming a significant bullish reversal technical pattern, heightening optimism for potential gains among cryptocurrency investors. The Ethereum-based meme coin network […]

Authorities in China have initiated an investigation into the core technical team responsible for managing the STFIL Protocol, a prominent decentralized finance (DeFi) protocol operating on the Filecoin network. According to reports, members of the STFIL team are currently under detention, prompting the engagement of legal assistance to navigate the unfolding situation. The investigation has […]

Crypto News: From regulatory changes to market shifts, here are the top 10 stories that shaped the cryptocurrency market on January 5 for a quick overview. Coinbase Expands into the EU with MiFID License Coinbase is set to acquire a MiFID-licensed entity in Cyprus, aiming to expand its derivatives offerings across the European Union. This move, […]

In a groundbreaking move, Tether, the issuer of the popular stablecoin USDT, is on the brink of completing its ambitious $500 million investment into the Bitcoin mining sector. Notably, Tether CEO Paolo Ardoino’s announcement has stirred anticipation within the crypto community, coinciding with the looming Bitcoin Halving event. This strategic maneuver not only reflects Tether’s […]

Bitcoin, the world’s first-ever digital currency, curated in 2009, recently gained substantial traction across the broader crypto market on Saturday as the token recorded significant whale transfers from Kraken to unknown wallets. Notably, as per on-chain data surfacing within the broader crypto market, a whopping 4,377 BTC have been shifted from Kraken, a CEX, to […]

Ethereum co-founder Vitalik Buterin has suggested a solution for correlated validation failures. This particular system seeks to decentralize blockchain. Ethereum Foundation analyst Toni Wahrstatter did a quantitative analysis, where he cited economies of scale promoting centralization in blockchain networks. Buterin’s suggestion rectifies these issues by recommending penalties for related failures of validators under the same […]

On Friday, January 5, 2024, stock exchanges, investment management firms, and the U.S. Securities and Exchange Commission (SEC) engaged in discussions regarding final wording changes on filings for Spot Bitcoin Exchange-traded Funds (ETFs). According to a report by Reuters, sources familiar with the matter indicate that this development might pave the way for U.S. approval […]

Over the years, the market has witnessed the rise of crypto assets as well as the Bitcoin (BTC) crash after several bull seasons. The fall of crypto prices is almost inevitable because of its volatility occasioning massive inflows and outflows.  Bull seasons are marked by heightened inflows into the market leading to a higher asset […]