The crypto market has gone through volatile trading lately, with the major cryptos including the Bitcoin price witnessing a sharp decline. Notably, the investors seemed to be trading cautiously amid the macroeconomic concerns while eagerly waiting for the key economic data releases this week before putting further bets into the digital asset space. Meanwhile, as the market participants are looking for potential reasons behind the […]

According to a recent report by ZachXBT, Ripple has suffered a massive breach, leading to a loss of approximately 213 million XRP, valued at $112.5 million. The incident, disclosed on January 31, 2024, has stirred significant concern within the cryptocurrency community, spotlighting the security protocols of major digital asset firms. In addition, XRP plummeted over […]

Over the past two weeks, the Lido DAO coin price traded sideways struggling to surpass the $2.175 resistance amid Bitcoin’s post-halving correction. The notable price swings in daily charts extending laterally indicate no clear dominance from buyers or sellers. However, this altcoin sitting at a crucial yearly support indicates the buyers have a better potential […]

The BRICS Group has just welcomed new members including Saudi Arabia, Iran, and a few other nations as it charts a rare expansionary move. BRICS Group Doubles Down on Expansion South Africa’s Foreign Minister Naledi Pandor stated that Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) have confirmed their interest in joining the […]

FTX and Voyager Digital have secured a $450 million settlement. The agreement, sanctioned by Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware, aims to settle all claims between the two firms. This settlement is part of Voyager’s ongoing efforts to repay creditors following its bankruptcy filing in July 2022. […]

El Salvador, reaffirming its commitment to cryptocurrency, has declared that Bitcoin will maintain its legal tender status during President Nayib Bukele’s anticipated second term. Despite the International Monetary Fund’s (IMF) call for reconsideration during loan negotiations, Vice President Felix Ulloa, temporarily on leave for re-election, emphasized the government’s unwavering stance. Meanwhile, this announcement follows the […]

It’s been a dull start to the launch of the Hong Kong spot Bitcoin and Ethereum ETFs with the six combined products recording only $12 million in trading volume. In comparison, the U.S. spot Bitcoin ETFs witnessed a staggering $4.6 billion in trading volumes on the very first day. Hong Kong Bitcoin ETFs To A […]

Crypto exchange Crypto.com has reportedly delayed the delisting of Terra Luna Classic (LUNC) to April, as per emails received by some community members. The crypto exchange earlier informed affected LUNC holders via email about the delisting of LUNC by February 15, which was confirmed by CoinGape. Terra Luna Classic (LUNC) Delisting Terra Luna Classic community […]

The Binance Launchpad introduces four promising cryptocurrencies anticipated to surge in value in May. These include AltLayer, Manta Network, Xai, and NFPrompt. Each has shown resilience and strong performance despite recent market downturns. Binance Launchpad is a platform on Binance that facilitates token presales, helping blockchain entrepreneurs secure funding. Investors are keenly watching these assets, […]

Open Exchange (OPNX), previously known as Coinflex, has announced its closure this February. Once a hub for crypto derivatives and claims trading, the platform is winding down its operations. In a recent communication, the OPNX team expressed gratitude to its community and outlined key dates for its user base.  According to the email, users must […]