Shiba Inu: Memecoins are once again on crypto market traders’ and investors’ radars as the majority of these tokens showcased signs of a recovery today, April 17. Amidst this recovery chronicle embarked upon by meme coins, Shiba Inu’s SHIB and BONE Shibaswap, a Shibarium token, appear to be garnering substantial investor optimism across the global […]

In a surprising turn of events, TrueUSD (TUSD), the stablecoin issued by TrustToken, has experienced a significant de-pegging, making it the first stablecoin of 2024 to face such a challenge. The sharp decline in value for the second time in recent months, fueled by whale actions and market dynamics, has intensified discussions about stablecoin vulnerabilities, […]

Ethereum (ETH) has fallen following recent crypto liquidations this week. While most outflows can be attributed to the general market sentiment, institutional funds play a major role in the asset’s wider acceptance. This year, the United States Securities and Exchange Commission (SEC) approved spot Bitcoin (BTC) ETFs which saw an inflow of traditional investors in […]

The crypto market, bruised but not broken by last week’s post-BTC ETF sell-off, is starting to paint a picture of cautious optimism. Bitcoin price, leading the charge, has clawed back 2% to $43,068, with Ethereum price following suit at $2,556, up another 2%. The green wave has washed over the market, pushing the total cap 1.3% higher […]

Sam Altman’s Worldcoin is looking to launch its Layer-2 blockchain dubbed World Chain, to improve its efficiency as it continues to onboards new users. World Chain to Improve Worldcoin Efficiency The upcoming project was announced by Tools for Humanity, the core developer behind the Worldcoin project. According to the company, World Chain will be secured by the […]

In a temporary relief to businesses dealing with crypto, the U.S. Treasury Department and the Internal Revenue Service (IRS) have announced a delay in the enforcement of new reporting requirements for digital asset transactions. This postponement comes as the agencies work on implementing regulations following changes introduced by the Infrastructure Investment and Jobs Act. Temporary pause to earlier guideline […]

Crypto mining has come again under scrutiny as the Arkansas State House has passed two bills that could likely restrict the activity in the place. The scrutiny comes right ahead of crucial elections, which anyways will see crypto voters playing an important part in the selection process. However, these bills have not yet translated into […]

MicroStrategy Inc., a leading business intelligence software firm, has experienced a staggering surge in its stock price, rising over 350% in the past year.  On January 11, 2024, Michael Saylor, who serves as the Executive Chairman and holds a 10% stake in MicroStrategy Inc (NASDAQ: MSTR), sold 5,000 shares, as disclosed in a recent filing […]

The world’s largest crypto exchange Binance on Thursday announced its next major leap in the crypto industry, launching airdrops and Web3 quest platform Megadrop. Moreover, BounceBit (BB), a BTC restaking chain, is the first project on Binance Megadrop to benefit as part of the initial launch of the airdrop platform. Binance Launches Megadrop In an official […]

Bitcoin’s performance after the BTC ETF approval last week was a bummer. Most speculators anticipated a price surge above $50,000 but all they got was a sharp dip below $42,000. Although the largest crypto had climbed to $42,563 during US business hours on Wednesday, market doldrums are still in full force. For some investors, turning to the […]