The United States Senate is about to debate possible amendments to a bill that passed the House recently that demands the sale of the Chinese-owned social media platform TikTok. The bill that is intended to deal with the issues of national security is, however, going to be under scrutiny, and any possible modifications might also […]

According to a Matrixport report, the altcoins market is facing a challenging period, as evidenced by the recent sharp decline in trading volumes on Upbit, South Korea’s largest cryptocurrency exchange. This downturn is casting doubt on the ongoing rally of alternative cryptocurrencies. Substantial Decrease in Trading Volume Upbit’s 24-hour trading volume has drastically decreased. Having […]

In recent days, Bitcoin has faced a notable downturn, largely influenced by a confluence of factors including a cooling demand for US exchange-traded funds and shifting perceptions surrounding Federal Reserve monetary policy. This resulted in a sharp decline of up to 5.3% in Bitcoin’s value, ultimately stabilizing around $66,735 during trading hours in Singapore. Alongside […]

In a bid to boost optimism amid the recently witnessed crypto market corrections, Shiba Inu, a renowned Ethereum-based meme coin, recorded a colossal surge in its burn rate, stemming from its community’s actions. Following the Shiba crypto community’s recent transfer of nearly 100 million SHIB tokens to a dead wallet, a prompt rise in the […]

According to a post on the X platform by FixedFloat, a Bitcoin Lightning-based exchange, the service experienced a security breach leading to unauthorized transactions and financial losses.  FixedFloat, a company providing exchange services of various cryptocurrencies, with the use of the Bitcoin Lightning network to increase the speed of transactions, reported the event, after noticing […]

The CEO of Hut 8 Mining, Asher Genoot, stressed in an interview with Bloomberg the huge change that the mining industry was expected to undergo as a result of the upcoming Bitcoin halving. The event is planned for about the 18th of April and will halve miner block rewards from 6.25 BTC to 3.125 BTC. […]

Amidst the recent crypto market crash, where Bitcoin price closed at $65,000, approximately 10% lower than its all-time high of $73,750.07 recorded just 20 days prior, Ethena (ENA) made its debut on April 2, 2024. Despite the broader crypto market experiencing a downturn, ENA emerged as a standout performer, defying the prevailing market sentiment with […]

Against the backdrop of a downturn witnessed by cryptocurrencies due to market corrections, ENA, the native cryptocurrency of the Ethereum-based synthetic dollar protocol Ethena, amassed substantial attention among crypto market enthusiasts globally today, as its price showcased a phenomenal rally. Amid the buzz curated with Ethena’s substantial price rally, Amber Group, a global digital finance […]

The Securities and Exchange Commission’s (SEC) enforcement chief, Gurbir Grewal, lashed out at the cryptocurrency industry, drawing attention to compliance fears and the industry’s intention to evade regulatory frameworks. Speaking at the “SEC Speaks” event organized by the Practicing Law Institute, Grewal emphasized the agency’s commitment to applying existing securities laws to the evolving landscape […]

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has voiced his concerns following Federal Reserve Chairman Jerome Powell’s recent statements on inflation. Powell acknowledged the challenges in controlling inflation, indicating a departure from previous assurances that inflation levels would be maintained at the 2% target and that the inflationary trend was “transitory.” Fed Chairman […]