In a groundbreaking move, the blockchain social platform, Freechat, has recently closed an impressive $80 million financing round, catapulting its post-money valuation to $800 million. Meanwhile, this significant funding will propel Freechat to fortify its Web3 features, emphasizing privacy, security, and user-controlled data. The aim is to construct a decentralized, open, and transparent global social […]

Inflation in the United States came in hotter than expected for the second month in a row, keeping Bitcoin price confined below the $70,000 mark. Further correction is weighing the coin down by a modest 5% drop in 24 hours to $67,900 on Wednesday. Top altcoins posted even larger dips led by Solana’s 6% to […]

Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC) has doubled down on his market and crypto-safety campaign with a new series of messages targeting retail investors in the country’s digital currency ecosystem. The Gary Gensler Crypto Warning As contained in the X post, Gary Gensler said some of those offering […]

Since March, short sellers who have bet against MicroStrategy have lost $1.92 billion. Short selling in the crypto markets has risen in the past few weeks. MicroStrategy has been leading all these losses in crypto short selling the past week as well. MicroStrategy Leads Short Selling Losses According to Reuters, data from S3 Partners shows […]

Digital Currency Group (DCG), led by Barry Silbert, recently announced the full repayment of the loan to its defunct subsidiary Genesis. However, a post on X by crypto veteran Vijay Boyapati presents a different narrative. The author of ‘The Bullish Case for Bitcoin’ alleged a pattern of deceit by DCG and Silbert. Boyapati circled back to Genesis’ […]

Bitcoin halving is very special in the cryptocurrency sector. As the fourth halving nears, set to occur around April 20, 2024, the crypto community is eager and looking forward to the event. However, the halving may be somehow different from the previous ones. Several distinctive elements are ready to set apart this occurrence from past […]

Bitcoin and the broader cryptocurrency market rallied with the Bitcoin ETF applicants submitting their final applications to the U.S. SEC on Monday, January 8. Some altcoins have witnessed strong bounceback, especially, the likes of Solana (SOL) XRP, avalanche (AVAX), and Cardano (ADA). The Solana Price Rally After hitting a high of $123 on Christmas last […]

Crypto assets are making a slight recovery in the markets after the recent correction on the back of the U.S. CPI data. Bitcoin has wiped off mid-week losses soaring 3.5% in the last 24 hours. The latest push saw Bitcoin price trade above the $70,000 resistance after falling off earlier in the week.  Crypto assets […]

In a dynamic crypto landscape, significant DOGE and SHIB transactions by crypto whales are catching the attention of investors worldwide. Recent moves involving large quantities of Dogecoin (DOGE) and Shiba Inu (SHIB) have spurred intrigue, reflecting a surge in confidence within the volatile meme coin segment. Meanwhile, as the broader crypto market experiences a bullish […]

Crypto payment platform Ripple Labs Inc. has issued another warning to its community, reminding them to remain cautious of phishing links and Deepfakes.  Basis for The Ripple Labs Warning For context, Ripple shared a demonstration video on X to show how certain scammers have been impersonating key members of the firm like Brad Garlinghouse, its […]