After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC). Abandoned ETF Application According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin […]
Pepe Coin Soars 12% As Speculations Build Over Elon Musk’s PEPE Promotion
In an unexpected plot twist witnessed today, March 13, Elon Musk’s Pepe meme-related post on X appears to have garnered noteworthy attention among crypto market enthusiasts across the globe as the meme coin PEPE noted a remarkable surge following Musk’s post’s surfacing. Pepe coin, a cryptocurrency venture where memes meet blockchain, curated waves throughout the […]
Charles Hoskinson Eyes Lightweight Consensus for Cardano
Charles Hoskinson, the founder of Cardano, discussed the upcoming “SuperNode” feature. This feature represents a pioneering attempt to increase the scalability and efficiency of the Cardano network as well as the involved chains. The SuperNode concept, which the Hyperledger FireFly Node initiated, can be a corporate game changer and lead to a reinvention of smart […]
US 2024 Election: Joe Biden Nomination Sparks Crypto Market Attention
Crypto markets are on a care watch as President Joe Biden’s Democratic presidential nomination is indicating a certain trajectory for the upcoming elections. Bloomberg reported, while citing the Associated Press that President Joe Biden secured the Democratic presidential candidacy on Tuesday by winning a sufficient number of delegates. With a primary win in Georgia, Biden […]
Elon Musk Eyes To Open Dogecoin (DOGE) Payments For Tesla Cars
Elon Musk, the world’s richest man and Tesla’s CEO, sent shockwaves through the crypto industry with a stunning announcement regarding Dogecoin (DOGE). Musk noted that he is exploring the possibility of adding DOGE as a payment method to purchase Tesla cars. Elon Musk To Introduce Dogecoin Payments For Tesla Elon Musk recently visited the German […]
Breaking: US PPI Inflation Rises More Than Expected in February; Bitcoin Inches Lower
The US PPI inflation data released by the Bureau of Labor Statistics on Friday showed that wholesale inflation experienced a surge in February. The PPI index, which gauges the price at which raw materials are sold on the open market, came in at 0.6% in February, higher than analyst forecast of 0.3%. That also compares to […]
JPMorgan Slammed $348.2M Fine For Market Misconduct Oversight
JPMorgan Chase & Co., a well-known American Investment Bank has found itself in hot water as it faces a $348.2 million fine by two US bank authorities. Banking Giant Facing Allegations of Financial Misconduct According to the announcement, the Federal Reserve in collaboration with the Office of the Comptroller of the Currency (OCC), imposed this […]
Ethereum (ETH) Price Tanks 7.8% A Day After Dencun Upgrade, What’s the Next Support?
The world’s second-largest cryptocurrency Ethereum (ETH) has come under very strong selling pressure a day after the successful implementation of the Dencun upgrade. At press time, the Ethereum (ETH) price is down 7.8% at a price of $3,669 with a market cap of just under $450 billion. Also, the daily trading volume in Ethereum has […]
NFT Train Ticket Options Winning Over Tech Enthusiasts In India
On the auspicious occasion of the Holi, the Indian Railways System has approached a unique celebration plan. The traveler will travel with a customized NFT Train ticket instead of the regular tickets. So, what’s happening? Let’s discuss that in this blog. Indian Railways NFT Train Ticket Indian Railway Catering and Tourism Corporation (IRTC) recently, on […]
Just-In: MicroStrategy Rushes to Buy More BTC With $525M Notes Before Bitcoin ETF
MicroStrategy, a prominent player in the cryptocurrency market, has recently unveiled its decision to expand its convertible senior notes offering to an impressive $525 million. This strategic move follows closely on the heels of the company’s previous endeavor to ramp up its notes sale to a total of $700 million mere weeks ago. Such a […]