In an appearance on CNBC’s Squawk Box, Anthony Pompliano, a well-known cryptocurrency advocate, shed light on the burgeoning interest from Wall Street in Bitcoin, revealing that institutional investors are purchasing Bitcoin ETF at a rate of 12.5 times greater than its daily production. This surge in demand comes as the cryptocurrency market anticipates the upcoming […]

In a significant development witnessed within the meme coin sector, Shiba Inu appears to have again seized the limelight as its burn rate surged over a whopping 5500%. Today, May 10, the meme coin’s burn tracker revealed that nearly 26 million SHIB was noted to be destroyed over the past day, injecting a dose of […]

After the Spot Bitcoin ETF race, the spree for Spot Ethereum ETFs is on. Amid the Ether ETF anticipation, it has been revealed that Kraken, the second-largest crypto exchange in the U.S., is eyeing to enter the crypto ETF custodian frenzy by following Coinbase’s lead. Kraken To Enter Crypto ETF Custody Arena? Currently, Coinbase serves […]

In a landmark development for the cryptocurrency industry in India, both Binance and KuCoin have successfully completed their registration processes with the country’s Financial Intelligence Unit (FIU). This signifies a crucial step towards regulatory compliance and legitimacy within the Indian market. Notably, KuCoin, in its earnest effort to adhere to regulatory protocols, has promptly paid […]

Filecoin, a decentralized protocol revolutionizing digital storage and data retrieval, has been making waves in the cryptocurrency market recently, igniting discussions among investors about its future trajectory. With its native cryptocurrency FIL showing bullish tendencies, many are wondering: Could Filecoin hit the coveted $50 mark in 2024? Let’s dive into the details and explore the […]

Bitcoin price struggles to retain bullish momentum due to tightening economic conditions in the U.S. The latest data in inflation became the primary reason for a sharp drop in BTC prices from $63,446 to $60,763 within hours. University of Michigan consumer sentiment data revealed a fall from 77.2 in April to 67.4 in May, the […]

Ethereum Price Prediction: ETH, the leading alternative cryptocurrency, has witnessed a remarkable uptrend, breaking the $2,600 barrier with strong bullish momentum. In the last 24 hours, Ethereum has surpassed this critical level and touched $2,650, marking a significant 5% increase. This growth comes amidst a broader market rally, with Ethereum showcasing solid performance within an […]

The US State Department has confirmed its active involvement in the case of Tigran Gambaryan, a Binance executive and US citizen detained in Nigeria. Over 70 days have passed since Gambaryan’s arrest, and the State Department spokesperson stated they are in constant communication with him, his family, and his legal team. They are committed to […]

The political environment around the California Senate race is getting hot as the Fairshake political action committee (PAC), backed by big cryptocurrency companies, begins a targeted advertisement campaign on Representative Katie Porter. The action reflects the growing power of crypto backs in political circles, more so since the 2024 elections are approaching. Crypto Companies Back […]

The crypto market has witnessed volatile trading lately, with all the major cryptos like Bitcoin, ETH, SOL, XRP, DOGE, SHIB, and others prices slipping over the past few days. Meanwhile, the recent market crash reflects the ongoing bearish sentiment hovering over the market, while dampening the investors’ confidence. Although there is a flurry of macroeconomic […]