Bitcoin evangelist Michael Saylor has made $370 million from the sale of MicroStrategy shares this year. MicroStrategy’s founder entered into a stock-sale agreement with the company last year to sell his shares in the company until April 2024 this year. Michael Saylor Made $370 Million From Share Sale MicroStrategy founder and executive chairman Michael Saylor […]

In a flurry of innovations witnessed across the Chinese crypto landscape, a Hong Kong-based financial services company recently announced plans to seek approval for a spot Bitcoin ETF launch within the nation. If approved, the country is poised to emerge as the second significant powerhouse to commence Bitcoin ETF trading, following the U.S. Notably, Venture […]

The Securities and Exchange Commission (SEC) has submitted an amended complaint underlining the U.S. jurisdiction over Justin Sun, founder of the Tron Foundation, because of his significant presence and investment activities in the United States. This legal refinement is part of the ongoing lawsuit initiated by the SEC in March 2023, where Sun and his […]

Crypto Price Prediction: The cryptocurrency market deepens its correction phase as Bitcoin price dips below the $42000 mark on Thursday. With the sell-the-news theory for Bitcoin ETF, the altcoins witnessed highlighted supply pressure. As per the data analytics platform Coinglass, the market witnessed $247.52 million Liquidation of highly leveraged futures contracts betting on higher prices […]

The highly anticipated Bitcoin halving event concluded, marking a significant milestone in the cryptocurrency world. This event, which occurs once every four years, saw a programmed reduction in the creation rate of new BTCs. At 8:10 p.m. New York time, at the block height of 840,000, the mining rewards were halved, impacting the economics of […]

Binance.US Interim CEO Norman Reed has openly criticized the Securities and Exchange Commission’s (SEC) approach to regulating digital assets. In a recent op-ed for Fortune, Reed, leveraging his experience as a former SEC employee, expressed his concerns about the agency’s strategy, which he believes deviates from its core principles and potentially harms the US economy. […]

One of the most anticipated events of the cryptocurrency industry, Bitcoin halving, has finally been completed. The crypto industry has waited four years for this event, making it the most trending topic on social media, with more than 109K posts on X alone. The Bitcoin halving happens according to the validations of 210,000 blocks. In […]

In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs, defendant Ripple opposed the SEC seeking audited financial statements, post-complaint contracts for the sale or transfer of XRP to “non-employee counterparties”, and details on the amount of “XRP Institutional Sales proceeds” received after the lawsuit filing. Ripple Opposes SEC’s […]

David Schwartz, Ripple’s Chief Technology Officer (CTO), has highlighted the strong long-run performance of XRP since its inception seven years ago. During the social media exchange, David Schwartz highlighted that the XRP value had upsurged by 1500%. He quoted that at the time, seven years ago, one XRP traded for about $0.033. This computation, given […]

Bitcoin price loses steam after the spot Bitcoin ETFs’ approval and listing on exchanges, falling over 15% from $48,969 to $40,297. In a paradigm shift, trading volumes dropped significantly on crypto exchanges. Moreover, there’s a narrative in the market over Grayscale Bitcoin Trust (GBTC) selling Bitcoin holdings, but CryptoQuant team asserts it’s not actually the […]