El Salvador is seeking a $1.4 billion loan from the International Monetary Fund (IMF) and in return, the body is requesting that the Central American nation review its Bitcoin (BTC) law. El Salvador Loan Demands and IMF Demand The loan negotiations has been ongoing for a while to help El Salvador urgently meet its fiscal […]

Cardano Price Prediction: ADA closed out 2023 with a significant rise, soaring towards $0.70 before plummeting back to $0.47 on  January 8.  This decline, while sharp, was within market expectations. Despite this setback, market analysts remain optimistic about Cardano’s potential for growth in the short term. Presently, ADA oscillates between $0.47 and $0.57 over the […]

Ripple, the blockchain payments firm, recently unveiled a groundbreaking proposal aimed at enhancing the utility of the XRP Ledger (XRPL). The Native Lending Protocol proposal has been spearheaded by developers Aanchal Malhotra and Vito Tumas. Moreover, it promises to revolutionize decentralized finance (DeFi) capabilities within the ecosystem. Ripple Announces Native Lending Protocol Proposal For XRPL […]

On Wednesday, the U.S. Securities and Exchange Commission (SEC) approved Bitcoin-tracking exchange-traded funds (ETFs), marking a pivotal moment for the cryptocurrency industry’s decade-long quest for such a product. Despite numerous rejections since 2013, the SEC reconsidered its stance after a court ruled against rejecting Grayscale Investments’ Bitcoin ETF application in August, citing a need to […]

KuCoin, a globally renowned CEX, appears to have become the latest victim of a cyber attack, as its Turkey X account was compromised on Saturday, April 13. Following the malicious attack, hackers used the KuCoin Turkey account on X to post false announcements in a move to lure more victims. However, the false post on […]

South Korea’s Financial Services Commission (FSC) maintained a firm stance on the Crypto ETF ban despite the approval of Spot Bitcoin ETFs in the United States. The FSC officials asserted that the U.S. developments were not deemed significant in their regulatory landscape. Moreover, they stated that the U.S. ETF approval would change nothing in the […]

Despite previous reports from Matrixport predicting significant capital inflows from mainland Chinese investors into Hong Kong-listed Bitcoin ETFs, recent clarifications from several issuers have dismissed these expectations. The issuers have confirmed that mainland Chinese funds are prohibited from investing in such cryptocurrency-related ETFs by regulatory constraints. Several issuers of Bitcoin ETFs in Hong Kong told […]

The FTX crash was a shocker to the crypto world back in November 2022. The embattled cryptocurrency exchange is currently in the middle of more than a dozen lawsuits, according to The Wall Street Journal. With piling lawsuits, a few former customers of FTX are demanding a change in repayment methods for their assets. Former FTX […]

In an interview with FOX Business reporter Eleanor Terrett, Custodia Bank CEO Caitlin Long talked about how the decision of the court in the case with the Federal Reserve is contributing to impeding general tech innovation. Caitlin Long on the Federal Reserve Win As a background to the case, Custodia Bank once applied to be […]

Solana emerges as a prominent player as the cryptocurrency landscape evolves, gearing up for a transformative 2024. Notably, the recent updates from Solana, as shared on the X platforms, shed light on the platform’s robust developer community, surging on-chain activity, and exciting prospects for the coming year. Meanwhile, the announcement highlights that the developers in […]