The first week of 2024 ends with substantial and fresh advancements made within the realm of crypto. Among these, a notable surge in interest was observed among crypto market traders and investors globally, orbiting Bitcoin, Solana, Terra, and the US SEC. This primarily seems to be attributed to the key developments noted by the abovementioned […]
Senator Tillis Advocates for Light Crypto Regulations Pre-Election
U.S. Senator Thom Tillis (R-N.C.), with the 2024 presidential election fast approaching, has advocated for a “light” regulatory framework for the cryptocurrency industry, emphasizing the need to tread the line between fostering industry growth and preventing illicit financing. This statement was made during a recent Senate Banking Committee meeting, underscoring the increasing focus on cryptocurrency […]
Bitcoin Whale Accumulates 1,750 BTC Ahead of Bitcoin ETF Approval
The Bitcoin ETF approval shall likely come on this Wednesday, January 10, with whales making all efforts to scoop the maximum supply. As per on-chain indicators, whale transactions have hit their highest levels in 18 months since June 2022. Bitcoin Whale Scoops 1,750 BTC LookOnChain, an on-chain data provider, reports a strategic move by a […]
US Senators To Introduce New Stablecoin Legislation This Week, What Will Change?
During the Bitcoin Policy Summit at the National Press Club in Washington on April 9, Senator Kirsten Gillibrand of New York revealed plans for forthcoming stablecoin legislation. The aim of this legislation is to align with the original vision of Bitcoin (BTC) as a viable payment method. Collaborating with Senator Cynthia Lummis of Wyoming, Gillibrand […]
Nvidia To Launch China-centric AI Chips Amid US Export Restrictions
The U.S. chipmaker company, Nvidia, is set to commence mass production of its H20 artificial intelligence (AI) chip for China in the second quarter of 2024. The H20 chip is the most potent among three China-focused chips developed by Nvidia. Initially slated for a November 2023 launch, the plan encountered delays due to integration challenges […]
Top Crypto Gainers Of The Day
Today marks another downfall of the crypto market, as the majority of cryptocurrencies have faced a dip in their prices, excluding a few, which we will discuss in this blog as crypto gainers. In this price fall, even Bitcoin price has decreased to $68,850 after facing a 2.6% dip in just a day. Ethereum has […]
Bitfinex Bows to UK Regulators, Lists New Product Changes
Bitfinex UK has unveiled crucial changes that will impact its customers in the country in line with the current regulations in play in the country. Bitfinex UK Customers to Embrace New Changes According to the latest update from Bitfinex UK subsidiary, the exchange’s customers who created their account on or after November 1, 2023, will […]
2 Top Altcoins To Hold Targeting 100X Potential In April
Investing in crypto is often out of reach for many investors, especially those transiting from the traditional financial industry. The volatility associated with digital assets like Bitcoin (BTC) and Ethereum (ETH) often scares even the most experienced investors. However, once a system has been tried and tested with a crypto portfolio featuring top altcoins to […]
PayPal USD (PYUSD) Stablecoin Eyes Integration on Aave Protocol
PayPal USD (PYUSD), the stablecoin associated with the American financial technology giant PayPal Holdings Inc. is exploring an avenue to get integrated into the decentralized lending protocol Aave. PayPal Stablecoin Eyes DeFi Embrace PayPal stablecoin was launched in August as the company that embraced crypto trading a couple of years back sought to deepen its […]
XRP Whales Move 43 Mln Coins Amid Steady Price Rally, What’s Next?
Recently, the price of XRP witnessed a significant surge, accompanied by the movement of a substantial amount of XRP coins. According to data from the blockchain tracker Whale Alert, approximately 42.6 million XRP tokens were transferred in two transactions. In the first transaction, 18.5 million XRP, valued at $11.49 million, was sent to Bitso, a […]