Two former employees of BlockTower Capital and Goldman Sachs Group Inc. have started a new digital asset investment company that focuses on crypto derivatives, tokenization of real-world assets, entertainment, gaming, and social media, according to Bloomberg. Neoclassic Capital to Invest in Cryptocurrency Marketplaces According to Bloomberg, Michael Bucella and Steve Lee, who co-founded Miami-based Neoclassic […]

Ethena Labs announced the inclusion of Bitcoin as a backing asset for its USDe synthetic dollar. The DeFi protocol was communicated via X on Thursday. They aim to enhance the scalability and safety of their dollar-pegged token. This strategic move allows USDe to scale over 2.5 times its current capacity. It is in response to […]

In an unprecedented turn of events, South Korea’s financial regulators recently cracked down on virtual assets nationwide, unveiling a more scrutinized approach to token listings on CEXs. This move by the South Korean regulators, coming in the midst of burgeoning cryptocurrency-related discrepancies across the globe, further underscored the significance of drafting seamless regulations that oversee […]

Shiba Inu coin price dodders sideways like other leading cryptos in the market. Despite the dismal start to the week easing into widespread consolidation, prices have not moved much. However, if the current technical structure continues to improve, a major breakout would be anticipated this weekend, with SHIB exploding by a staggering 70% to tag its highest […]

Pendle, a decentralized finance (DeFi) protocol, caught the attention of crypto investors with its aggressive recovery despite the broader market correction. The altcoin witnessed an intense inflow in March’s fourth week as the price reverted from $2.3 support to rally 190% and reached a new all-time high of $6.63. As the correction trend extends for […]

The integration of cryptocurrencies into gaming platforms has recently been brought into focus by the Consumer Financial Protection Bureau (CFPB). Entitled “Banking in Video Games and Virtual Worlds,” its newest publication provides enlightenment on the rising demand for the combination of virtual gaming worlds with real-world financial transactions. Published on Thursday, the report underlines the […]

The U.S. SEC v. Binance Holdings lawsuit seems stuck, but the lawsuit is making great progress at the moment. The plaintiff SEC and defendants Binance, Binance.US and former CEO Changpeng “CZ” Zhao have almost completed discovery and deposition requirements requested by the securities regulator US SEC. Binance and SEC Resolves Discovery Issues Plaintiff U.S. Securities […]

Crypto Price Prediction: On April 6th-Saturday, the altcoin market witnessed a notable inflow despite the flatline trading in Bitcoin. In the last 24 hours, the top altcoins like Ethereum (ETH), Solana (SOL), and XRP witnessed a 2% jump, while Avalanche (AVAX) and Dogecoin (DOGE) showed a 5-6% hike.  The leading digital asset Bitcoin recently witnessed […]

Polygon Price: The recent market correction took a notable toll on the layer 2 scalability platform, Polygon (Matic). From the mid-March peak of $1.29, the coin price plunged with a V-top reversal and lost 30% in value to reach $0.89. A look at the daily chart shows this correction as the formation of an inverted […]

Solana, the layer 1 cryptocurrency initiated April on a bearish note in tandem with the broader market. The bearish downturn initiated at $205, plunged the coin price 12.6% to current trade at $179. Analyzing the daily chart reveals this reversal as the formation of a double-top pattern, suggesting the asset is poised for prolonged downfall. […]