Crypto Price Prediction: The cryptocurrency market has been notably bearish this week, showcased by the new correction trend in most major coins. Several analysts believe this retracement was bound to happen as the last recovery trend left these assets in an overbought region. Moreover, the recent outflow in spot Bitcoin ETFs accelerated the selling and […]

Bitcoin ETF has garnered immense traction ever since it received the green signal from the SEC. Now Blackrock and Fidelity’s Bitcoin ETFs have broken another record by marking 49 consecutive days of positive inflows. According to Bloomberg analysts, only 30 other ETFs have faired this well in their trading journey. Blackrock and Fidelity Bitcoin ETF […]

After months of amendments and waiting, the XRP Ledger (XRPL) has finally welcomed the Automated Market Maker (AMM) feature to go live on the mainnet. XRP Ledger AMM: New Pool Emergence The AMM feature on the XRP Ledger was teased more than a year ago and it follows many developmental efforts and amendments by developers […]

Amid the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), pro-XRP lawyers have launched scathing criticisms against SEC Chair Gary Gensler, questioning his leadership integrity. Notably, Gensler’s recent remarks targeting the crypto industry’s alleged evasion of public disclosures have ignited further controversy, drawing sharp rebukes from legal experts within the crypto […]

Solana Labs co-founder took a friendly angle at Ethereum volumes after Sol DEX hit the $50 billion trading mark. According to data released on Saturday Sol DEX volumes stood neck to neck with Ethereum DEX as a surge in trading has spurred volume. This comes on the back of the recent trend of the cryptocurrency […]

Current data from in-house Explorer has it that Polygon zkEVM is experiencing an outage that has rendered it inactive for more than 12 hours on Saturday.  Polygon zkEVM the New Protocol Battling Outage Polygon zkEVM, which is natively compatible with ERC-20-based applications, was launched almost a year ago on March 27, 2023. It offers a […]

An Ethereum (ETH) Initial Coin Offering (ICO) participant has woken up after more than 8.7 years of staying dormant, a move that has sparked speculations in the broader digital currency ecosystem.  Ethereum ICO Whale and Selloff Move The first action orchestrated by the whale according to data from the crypto analytics platform Lookonchain is to […]

Over the last weekend, Polygon’s zkEVM, which is currently in beta, went down for nearly 10 hours. The Polygon zkEVM Mainnet Beta encountered a sequencer problem due to an L1 reorg. However, this issue was exclusive to Polygon zkEVM and didn’t affect Polygon PoS or CDK. Polygon zkEVM Resumes Operation After Emergency Fix The Polygon […]

Hong Kong’s financial regulator has warned the public over the activities of the platforms on suspected virtual asset-related fraud. This comes from the bank of efforts by authorities to flush out unregistered companies and non-compliant firms from the country.  In a recent press release, the Securities and Futures Commission (SFC) informed the public of new […]

SWIFT, the global bank messaging network, has revealed that it will build a new platform. This portal targets connecting the growing central bank digital currencies (CBDCs) with the current financial system. The move is a major milestone for the growing CBDC ecosystem, utilizing SWIFT’s central position in the world of banking. The move is in […]