Ethereum Whales Dump 56K Coins, Is More ETH Price Correction Ahead?

Ethereum, the second-largest cryptocurrency by market cap, has nabbed significant attention across the global crypto realm as it faces remarkable turbulence amidst the broader crypto market’s flux. Cracking down nearly 4% in the past 24 hours, the ETH price trajectory has raised severe concerns among investors over its action ahead as whale activity hovering over […]

Solana-Based Jupiter Token Listing Delayed By Binance, JUP Price Drops 50%

Solana-based DEX (Decentralized Exchange) Jupiter, echoed a sense of frenzy across the broader crypto market recently as the exchange’s community showcased noteworthy advancements in recent days. The exchange lately offered colossal airdrops to its users, whereas, on the other hand, witnessed a significant listing chronicle, nabbing noteworthy attention among crypto market enthusiasts worldwide. Meanwhile, with […]

Stripe Expands Crypto Presence With Avalanche Integration

Financial service company Stripe has inked a strategic partnership with blockchain network Avalanche, as it pursues crypto presence expansion.  Accessing Avalanche Through Stripe Avalanche took to X to announce the significant integration with Stripe, citing that users of the popular financial platform can now purchase AVAX directly. Noteworthy, these customers do not require the complex […]

XRP Price To Surge Soon Amid Strong Whale Holdings Despite Ripple Hack

On Wednesday, January 31st, Ripple faced a major hack losing $112 million worth of XRP in this incident. As a result, the Rippe price came under immediate selling pressure slipping more than 4% to under $0.50 for the first time since October 19, 2023. However, on-chain data shows that XRP whales have continued to hold […]

SEC vs Ripple: SEC Files Opposition to Ripple’s Motion to Strike Expert Data

The Securities and Exchange Commission (SEC) has filed an opposition to Ripple Labs’ motion to preclude the declaration of a critical expert witness in the ongoing litigation surrounding XRP’s status. The controversy revolves around Ripple’s argument that Andrea Fox’s statement, the “Fox Declaration,” is an unsolicited expert opinion. The SEC repudiates this, stating that the […]

Exclusive: India To Slash Crypto Tax Rate To 5% After 2024 Elections, Expert Predicts

India’s Interim Budget presentation just wrapped up a few hours ago, however, what came as a shock was no mention of crypto or the Web3 ecosystem in the event. The crypto community had been expecting a lot from the Interim Budget announcement as they advocated for relief in the crypto tax regime in India. Though […]

Bitcoin Miners Dump Huge Quantity On Spot Exchanges, BTC Price Pressure to Continue?

With the launch of the spot Bitcoin ETFs in Hong Kong earlier today, the Bitcoin price has registered a minor recovery of 2% shooting past $63,300 levels. However, on-chain data suggests that Bitcoin miners have been offloading their BTC holdings recently. Bitcoin Miners Move Huge Quantity on Exchanges Cryptoquant, an on-chain analytics platform, has reported […]

Crypto Markets Could Brace for Impact as Layoffs Hit Deutsche Bank, Citigroup

Crypto markets across the globe had struggled with layoffs and salary delays last year. Pressure on financial resources with high interest rates and a crunch on investor appetite made organizations struggle in 2023. However, the start of 2024 hasn’t been any different either. Mass layoffs that started in 2023 and have spilled their way into […]

HK Bitcoin & Ethereum ETF $12M Volume Is Impressive: Bloomberg Analyst

Senior ETF analyst at Bloomberg, Eric Balchunas, recently highlighted the impressive trading volume of Hong Kong’s Bitcoin and Ethereum ETFs, underscoring the surging interest in the region’s market. Moreover, he dismissed negative comments around the supposed “poor performance” of these funds. Bloomberg Commends HK Bitcoin & Ethereum ETF Performance Critics have been highlighting the Hong […]

DOJ Revealed How Crypto Exchange FTX Plunged into Bankruptcy, Raising Bigger Concerns

Three individuals face charges for orchestrating a massive SIM-swapping scam from FTX, Bloomberg reported on Thursday. This siphoned more than $400 million from the cryptocurrency exchange in the run-up to the FTX bankruptcy. Shortly after FTX’s bankruptcy filing in November 2022 and Sam Bankman-Fried’s resignation, hackers reportedly drained funds from the platform. Only to be funneled […]