Bitcoin price fell nearly 5% from the intraday high of $64,734 after the market participants shrug off spot Bitcoin and Ether ETFs launch in Hong Kong. The selloff momentum took BTC price even lower than yesterday’s price due to high leverages in anticipation of a relief rally. However, the crypto ETFs debut in Hong Kong […]
Genesis Agrees to $21 Million Settlement with SEC in Lawsuit
As a subsidiary of Digital Currency Group, Genesis Global Holdco has agreed to be held liable and pay $21 million by the SEC. This agreement follows the case of a lawsuit related to a troublesome lending program, being thus one of the key parts in the ongoing drama of Genesis’s financial and legal struggles. Genesis […]
Breaking: Coinbase Rolls out Bitcoin Lightning Network
Coinbase, the largest U.S. crypto exchange by trading volume, has formally added support for the Lightning Network, a layer 2 solution that is aimed at enabling quicker and cheaper Bitcoin transactions. The roll-out that begins today follows an announcement by the exchange seven months ago, saying it will adopt the protocol. The Lightning Network is […]
Crypto Prices Today: Bitcoin, Ethereum, Solana, Pepe Coin Recover As PYTH Leads Rally
The major crypto prices today were in the green as Bitcoin (BTC) extended past the $43,000 mark again while major altcoins registered a notable upswing as well. In addition, Ethereum (ETH), the second-largest crypto by market cap, also hit the $2,300 level today, however, struggled to sustain it. Furthermore, the XRP price extended over the […]
DOJ “Sweet Deal” for Binance Changpeng Zhao Faces Backlash for Leniency
Changpeng Zhao, the former CEO of cryptocurrency exchange Binance, was recently sentenced, which led to a variety of reactions. Zhao, charged with noncompliance in the implementation of an adequate anti-money laundering program in Binance, was given four months in prison. This is in spite of the fact that the Department of Justice (DOJ) did not […]
Crypto Markets to Face Pressure From Banking Crisis; Will Bitcoin Fall?
Crypto markets are currently bracing themselves for the impact of jitters of a crisis in the banking sector. The setback to financial institutions that had started in 2023, has spilled into 2024 as well. With banks reporting losses, laying off staff, and going through cash crunches, crypto investors are now worrying about a possible price […]
Binance Adds JTO, NFP, MANTA, & Others As Loanable Assets
Binance, a leading crypto exchange, once again grabs attention in the crypto sphere with its latest move. The platform’s announcement of adding new crypto projects as loanable assets on Binance Loans has stirred discussions among traders and investors. Notably, this strategic expansion aims to provide users with increased flexibility and opportunities within the Binance ecosystem. […]
Solana Mobile Shares Crucial Update Ahead of Version 2 Launch
Solana Mobile 2.0 Preorder is still open and a key update has been released to members of the community to watch out for a major incentivization event next week. Solana Mobile Version 2 Backers To Get Incentivized According to Solana Mobile customers who join the waiting list for the second iteration of the phone through […]
Why Binance Coin Price Can Overcome Market Turmoil to Rally Beyond $700?
Binance Coin Price: BNB, the native cryptocurrency of the world’s leading cryptocurrency exchange has witnessed a notable downswing amid the recent market sell-off. The Binance coin plunged from $618 to its current trading price of $550 recording a 10.9% weekly loss. Will the four-month sentencing of former Binance CEO CZ increase selling pressure on BNB? […]
Market Shifts As DeeStream (DST) Takes Investors’ Top Pick, Cosmos (ATOM) And Aptos (APT) Drop Away
It’s interesting to see how the cryptocurrency market has changed lately. A new player, DeeStream (DST), has become quite popular among investors, while other well-known options like Cosmos (ATOM) and Aptos (APT) have been losing some of their momentum. DeeStream (DST) presale continues to soar in demand with promising 50x potential. DeeStream (DST) Dashes Forward […]