Zama Raises $73M for Advancing Cryptography Tech in Blockchain

Paris-based startup Zama has recently made headlines in the tech and investment spheres by securing a significant funding round totaling $73 million. This impressive Series A funding was led by heavyweight investors such as Multicoin Capital and Protocol Labs, underscoring the industry’s confidence in Zama’s potential. Notably, other key players like Anatoly Yakovenko, renowned as […]

Bitcoin: Elon Musk’s Tesla & SpaceX Holds $1.3B BTC, A Price Rally Ahead?

In what comes as a remarkable revelation within the cryptocurrency landscape, Elon Musk’s Tesla and SpaceX have been registered holding colossal amounts of Bitcoin, per insights unveiled by the blockchain tracker Arkham. These holdings, valued at $1.34 billion, promptly garnered noteworthy attention among crypto market traders and investors globally as BTC recently surged past the […]

Crypto Miner Hut 8 Faces Class Action Over Alleged Securities Misconduct

Hut 8 Mining Corp., one of the leading blockchain companies, became the subject of a legal investigation following the series of allegations that have significantly influenced its stock price on the Nasdaq stock exchange. Initially fueled by JCapital, a company involved in short selling that made accusations against the company’s management, the price of the […]

29,000 Bitcoin (BTC) Options Set to Expire Today, Here What’s To Expect

The Bitcoin (BTC) price continued to show strength gaining 10% over the last week amid heightened market volatility. Earlier today, the BTC price rallied all the way past $68,000, however, has partially retraced since then and is currently trading at $67,195 with a market cap of $1.320 trillion. Traders Observe the Bitcoin (BTC) Options Expiry […]

Ethereum Accumulation Signals Strong ETH Price Rally Above $4000

Ethereum enthusiasts are celebrating today as the cryptocurrency’s price surges by 5%, edging closer to the $4,000 milestone. This impressive rally is fueled by substantial Ethereum accumulation and positive market sentiment, signaling a potential upward trajectory for ETH. Besides, the strong accumulation of the second-largest crypto has also sparked discussions over a further rally in […]

Terra Luna Classic’s Next Big Upgrade, Will Futures Back LUNC Price to $0.0005?

The Terra Luna Classic community has started voting on the blockchain’s next big update after the last year’s major parity upgrade. Terra Classic v2.4.2 upgrade to primarily introduce IBC-Hooks that will enable onboarding of dApps on the Terra Luna Classic, with mostly notably Enterprise DAO. Terra Luna Classic Votes on v2.4.2 Upgrade Proposal Software upgrade […]

Spot Ethereum ETF: SEC Chairman Gary Gensler Digresses on Likelihood

Gary Gensler’s reaction to a question posed to him about the likelihood of having spot Ethereum ETF approval suggests that the applicants for this product may have to wait longer than expected. Is The SEC Looking Positively Toward Spot Ethereum ETFs Jennifer Schonberger from Yahoo Finance sat down with Chairman of the United States Securities […]

Filecoin Price Surges 15% Amid New Partnerships, FIL Rally to $20 Expected

Filecoin’s native cryptocurrency, FIL, is experiencing a robust surge, gaining 15% in the past 24 hours. Currently, The Filecoin (FIL) price is trading at $11.20, boasting a market cap of $6.1 billion. Additionally, daily trading volumes have surged by an impressive 123% to $1.126 billion. What’s Behind the Filecoin Price Rally? The recent surge in […]

Ripple CTO Addresses XRP’s Divisibility and Wallet Reserve Concerns

XRP, a digital asset within the Ripple ecosystem, utilizes a unique concept known as “drops” to facilitate transactions and ensure scalability. Drops represent the smallest unit of XRP that can be transacted or held, allowing for microtransactions and enhancing the efficiency of the XRP network. David Schwartz, CTO of Ripple, provided insights into the technical […]

President Biden’s Assurance on Fed’s Rate Cuts Sparks Economic Speculations

US President Joe Biden in his recent speech gave a heads-up about the Fed’s rate cuts. According to a Reuters report, President Biden stated on Friday that he thinks the Federal Reserve will cut interest rates. Using the Fed as a metaphor for “that little outfit that sets interest rates,” Biden stated during a campaign […]