Ethena, a newly launched DeFi protocol, has been trending in the market since its launch. The Ethena price has surged more than 100% within a week and is still continuing to surge more. So, why is the token price rising, and will it achieve the $2 market anytime soon? Let us discuss that in this […]

In the context of the U.S. Securities and Exchange Commission (SEC) reaching the penultimate stage of spot Bitcoin ETF approval, the date of launch for the proposed ETFs remains unanswered. It also remains to be seen if the US SEC officials would notify the ETF approval announcement to all the 11 applicants at once or […]

Despite the surging popularity of Bitcoin and cryptocurrencies, a recent survey conducted by Deutsche Bank suggests a notable divergence in sentiment among consumers. Meanwhile, significant portion of the survey participants believe that the Bitcoin price will slump below $20,000 by the end of 2024. Deutsche Bank Customers Expect Bitcoin Price To Slip Below $20,000 The […]

Michael Saylor, the founder of MicroStrategy, has raised an alarm about the increasing threat posed by AI-generated deep-fake videos in the Bitcoin community. This warning comes in the wake of similar concerns expressed by other prominent figures in the crypto world, including Charles Hoskinson, the founder of Cardano. Michael Saylor Alerts on Fake Bitcoin Promotion […]

Top memecoins are posting daily outflows although gains are recorded in some cat-themed and dog-themed tokens. While liquidations continue in the cryptocurrency market, some memecoins have rallied in the same period.  The market capitalization of cat-themed memecoins stands at $1.7 billion, a 6.6% drop today while dog-themed rivals are at $54 billion, a slight 0.7% […]

Azuki, one of the most popular NFT collections, on Saturday, followed and shared Weeb3 Foundation’s tweets on platform X. Prices of the NFT collection saw a quick upsurge right after the move. The prices saw a 33.3% increase due to expectations surrounding the upcoming Azuki token.  Azuki follows Weeb3 on Twitter, Shares a series of […]

Only a few days after introducing the first Bitcoin ETF that targets 2x daily Bitcoin (BTC) returns, premier ETF provider and asset manager ProShares is now eyeing a similar spot Ethereum ETF. ProShares Making a Bold Ether ETF Play According to senior Bloomberg analyst Eric Balchunas, ProShares has applied to list 2x and -2x spot […]

In a significant stride towards establishing a stronghold in the regulated digital asset landscape, Upbit Singapore proudly announces the acquisition of a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Meanwhile, this latest achievement, following the earlier in-principle approval in October 2023, positions Upbit Singapore as a pivotal player in Singapore’s […]

First Digital Trust, headquartered in Hong Kong, has recently announced a significant expansion of its FDUSD token, valued at $3 billion, onto the Sui blockchain. This strategic move follows the token’s previous availability on both Ethereum (ETH) and BNB Chain (BNB), marking a pivotal step in extending the token’s accessibility and utility within the cryptocurrency […]

XRP price has experienced a significant recovery in the past few months, showcasing a robust bullish trend that propelled its value above the critical support level of $0.5500. This surge indicated strong market confidence in XRP, often linked to its association with Ripple and its utility in facilitating fast and cost-effective cross-border transactions. However, the […]