Neel Somani, the CEO and founder of Eclipse, revealed on Thursday that he is taking a temporary leave of absence from his public role in light of the sexual misconduct allegations. Through a couple of posts on X (formerly Twitter), Somani refuted the accusations and admitted the gravity of the situation. He stressed that he […]

The world’s second-largest cryptocurrency Ethereum (ETH) has given a strong breakout recently with the ETH price shooting 6% moving past $2,600 levels. With this, ETH has extended its weekly gains to more than 15%. ETH Price Rally to $3,500 Analysts are already bullish about the Ethereum price rally for 2024, and the recent breakout opens […]

On Thursday, May 9, the U.S. Spot Bitcoin ETFs recorded significant net outflows as Grayscale’s GBTC ETF outpaces the inflows by its rivals. The net outflow for the day amounted to $11.3 million. Meanwhile, Grayscale accounted for over $40 million negative flows. Bitcoin ETF Outflows Surge According to Farside UK data, Grayscale’s GBTC resumed its […]

Spot Bitcoin ETFs saw another massive inflow of $493.3 million on Monday, the third-largest net inflow to date, as BTC price breaks above $50,000. Experts believe BTC price rally will continue amid demand build-up from Bitcoin ETFs and derivatives traders. Spot Bitcoin ETF Saw $493.3 Million Net Inflow The new nine and Grayscale’s GBTC spot […]

The leading crypto exchange, Coinbase has recently announced to introduce TransFi in Asian markets, setting the cryptocurrency community abuzz. Precisely, the announcement has sparked curiosity among Asian investors. Notably, this strategic expansion plan aims to streamline crypto trading experiences for users residing in the Philippines, Vietnam, and Indonesia. Coinbase Unveils TransFi for Asian Investors Coinbase, one of the leading cryptocurrency exchanges […]

Chainlink Price Prediction: The Chainlink (LINK) price recently experienced a significant rebound, climbing 23% from a local support level of $18 to currently trade at $20. This resurgence in value is backed by a noticeable increase in trading volume and a steady rise in network activity. Notably, the price recovery surpassed the neckline resistance of […]

The U.S. Department of Justice (DOJ) selected consulting firm Forensic Risk Alliance (FRA) as monitor of the world’s largest crypto exchange Binance Holdings Ltd over top law firm Sullivan & Cromwell, as per a report by Bloomberg. The move was part of DOJ investigations into Binance and a plea deal for violating US money-laundering regulations […]

Tuur Demeester, a renowned Bitcoin investor, macroeconomist, and editor-in-chief of Adamant Research, forecasts a significant surge in Bitcoin’s value by 2026. According to Demeester, Bitcoin (BTC), the world’s leading cryptocurrency, could see its price escalate between $200,000 and $600,000 per coin. This projection suggests a potential 4-12x increase from current levels, driven by trillions of […]

Against the backdrop of a weekly price correction witnessed by Shiba Inu (SHIB), the meme coin’s community appears to have recorded the destruction of a whopping 175 million tokens, instilling a ray of hope on the meme coin despite its downside momentum. Per insights revealed by the token’s burn tracker, 174.93 million SHIB tokens, to […]

Ripple’s Chief Legal Officer, Stuart Alderoty, has taken another aim at Gary Gensler’s leadership at the SEC. This comes after recent criticism from Coinbase CLO Paul Grewal regarding the agency’s actions in the DEBT Box case. Adding to the claims made earlier, Alderoty highlighted loopholes in SEC Chair Gary Gensler’s leadership. Ripple CLO Casts Doubt […]