The approval of the first spot Bitcoin ETF in the US seems to be almost imminent with the Bitcoin price rallying all the way to $47,000 on Monday, January 8. However, the Bitcoin rally cools down as the BTC price seems to be consolidating around the $46,500 level. Bitcoin Options Market Give Mixed Signals Recent […]

Soon after the US CPI data release for March, with inflation hotter than expected, the Bitcoin price tanked under $67,000 losing its crucial support level. However, hours later, BTC was quick to regain past $70,000 as investors looked forward to the upcoming halving next week. Although the Bitcoin price recovery helped the broader crypto markets […]

The Solana developer ecosystem showed consistent growth over the last 12 months, the Solana Foundation said in its recent report. An average of 2500-3000 monthly active developers built on the Solana blockchain throughout 2023, data showed. According to the report, Solana’s ecosystem has been in the pink of the health, maintaining a steady monthly active […]

The Financial Sector Conduct Authority (FSCA) of South Africa has introduced cryptocurrency license issuance, declaring important progress in the regulation of digital assets in the country. This move aligns with the process of integrating cryptocurrency into regular financial activities to increase consumer protection and fight financial crimes such as money laundering and terrorism financing. Consequently, […]

BitPay, a leading cryptocurrency payment service provider, has taken a significant step forward by integrating support for Binance Coin (BNB), and Chainlink (LINK), amongst other coins as payment options on its platform. BitPay Extends Support to Altcoin As announced, the decision to integrate BNB and LINK by BitPay came to offer users a more comprehensive […]

Animoca Brands Japan, a subsidiary of Animoca Brands Corporation Limited, has made a significant announcement regarding the establishment of an NFT launchpad in Japan, marking a pivotal moment in the evolution of the Web3 landscape. This strategic initiative, slated for launch in the summer of 2024, underscores the company’s commitment to fostering innovation and growth […]

Economist Peter Schiff has voiced his skepticism regarding Bitcoin, especially regarding the potential approval of U.S.-listed spot Bitcoin exchange-traded funds (ETFs). Schiff, known for his critical stance on cryptocurrencies, described Bitcoin as a failed digital currency, emphasizing its speculative nature. Peter Schiff’s Stance on Bitcoin and ETFs Schiff’s commentary is pivotal when the anticipation for […]

The Ethena (ENA) price has witnessed a spectacular rally of 329% ever since the ENA token launch and its inception price of $0.29. As of press time, ENA is trading at $1.45 with its market cap already surpassing the $2 billion milestone. On-chain developments indicate that the ENA price rally won’t be stopping anytime soon […]

Going against the market sentiment around the U.S. Securities and Exchange Commission’s (SEC) potential approval of the spot Bitcoin ETF, traders and investors in the crypto space were subjected to unnecessary confusion with what could be a premature sharing of the approval announcement on social media platform X on Tuesday, January 9, 2024. In this […]

XRP price forecast: Ripple’s battle against the United States regulator, the Securities and Exchange Commission (SEC) could take a different turn, favoring the blockchain company following yet another loss by the agency in court. According to Ripple’s Senior Attorney in the lawsuit, Stuart Alderoty, the SEC is fighting a losing battle as it piles defeats. […]