In a sharp correction, the Bitcoin(BTC) price crashed more than 6% all the way to $65,000 leading to more than 7.8% correction in the broader cryptocurrency market. The correction in the altcoins space is even deeper with the top ten altcoins correcting anywhere between 8-15%. $900 Million Liquidated Amid Bitcoin Price Crash According to Coinglass […]
Spot Bitcoin ETF Approved: Here’s Why Grayscale is the Biggest Winner
History has been made in the United States as the United States Securities and Exchange Commission (SEC) has approved the much-awaited spot Bitcoin Exchange Traded Fund (ETF) product. With Grayscale Investments’ approval now confirmed, the company deserves all the accolades for the right reasons. Grayscale in the Pursuit of Spot Bitcoin ETF Grayscale changed the […]
Ben Armstrong Optimistic Over Bitcoin Price Rally To $100K Despite Crash
The Bitcoin (BTC) price recently plunged to $65,000, shaking investor confidence amid widespread selloffs across the market. However, Ben Armstrong, also known as BitBoy Crypto, remained resolutely optimistic about Bitcoin’s trajectory. Despite the setback, Armstrong took to X to reassure his followers that Bitcoin is still poised to reach the coveted $100,000 mark this year. […]
Orbit Chain Offers $8 Mln Bounty For Intel On Exploit
In a gust of developments revolving around Orbit Chain’s recent significant cybersecurity breach, the firm announced noteworthy plans to rev up its approach in pruning the attackers and recovery of its stolen digital assets. According to a recent statement issued by the cryptocurrency platform on X, Orbit slated a staggering $8 million reward for any […]
Uniswap: Crypto Executives and Regulators Lock Horns
Decentralized crypto exchange Uniswap is within the Securities and Exchange Commission’s (SEC) regulatory waters. This week, the financial regulator issued a Wells Notice to the company. A Wells notice is a notification utilized by a financial regulator informing the company of possible enforcement actions. Although the issues remain sketchy, many suggested alleged securities violations pointing […]
Spot Bitcoin ETF: Trading Officially Resumes on National Exchanges
Spot Bitcoin ETFs have officially commenced trading on national exchanges less than 24 hours after receiving approval from the US Securities and Exchange Commission (SEC). This landmark decision marks a shift in the regulatory space, as the SEC greenlighted 11 investment vehicles, putting an end to 11 years of rejections for this digital asset product. […]
Solana Founder Shares Take On SWQoS Model Confusion
Solana founder Anatoly Yakovenko took to X to clarify certain misconceptions about Solana’s Stake Weighted Quality of Service (SWQoS). Strategies To Boost Transaction Inclusion Likelihood on Solana On Friday, Austin Federa, Head of Communications at Solana Foundation, listed a few ways to improve transaction inclusion likelihood on the Solana network. He talked about the use of priority […]
Breaking: Judge Denies Terra & Do Kwon’s Request For Reconsidering Court Ruling
In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and co-founder Do Kwon, a federal judge has denied multiple motions for reconsidering earlier orders. The judge has again sided with the plaintiff U.S. SEC after a recent order stating that Terra and Do Kwon violated the Securities […]
Base Eyes ATH In Trading Volume Above $9.4B On Uniswap
Coinbase Layer-2 scaling solution Base is on track to beat its record after arriving at a new All-Time-High (ATH) in trading volume pegged at $9.4 billion on Uniswap. Meteoric Rise In Base Trading Volume Data from a Uniswap Labs chart shows that Base has been outperforming its monthly records since the beginning of the year. […]
XRP Price Prediction: Triangle Setup Sets $XRP for 18% Surge Ahead
XRP Price Prediction: The sixth largest cryptocurrency XRP has been notably bullish this week, largely driven by the excitement surrounding the potential approval of a Spot Bitcoin ETF and Ripplelabs’ recent share buyback. From a weekly low of $0.54, the coin price has surged nearly 10.25 to its current trading price of $0.6. Will this […]