Bankrupt FTX has been long-struggling to repay its former customers. However, the embattled crypto exchange is now riding the “sell-to-pay” route to help reduce its debt. According to Bloomberg reports, FTX is now offloading its assets that are related to cryptocurrencies to pay back customers. FTX to sell its crypto assets to repay former clients […]

LUNC News: Terra Luna Classic community has unanimously approved a key proposal to update the interblochain communication (IBC) client between Terra Classic and Kujira (from 07-tendermint-178 to 07-tendermint-246), allowing the connection between the two chains to work again. This improves Terra Classic revival effort by increasing liquidity and freeing frozen funds. Terra Classic Community Approves […]

Over the past week, Bitcoin (BTC) price action has been sluggish. However, it has now moved above the $40K mark, indicating a potential recovery path. Ethereum (ETH) also clocked significant losses over the week but has now managed to neutralize its position. On Saturday, Bitcoin’s price stood at a level close to $42,200, marking a daily increase […]

As the Bitcoin (BTC) network navigates through the aftermath of its fourth Halving event, a key metric providing insight into the profitability of BTC mining has plummeted to an all-time low. The hashprice, coined by Luxor, descended to $57.09 on Friday, April 26. This echoes levels last seen in the wake of the FTX collapse […]

Markus Thielen, chief executive officer of 10x Research, on Monday said new highs for Bitcoin price are coming. He was one of the first few analysts who predicted a BTC price retracement to $38,000 post-spot Bitcoin ETF approval based on Bitcoin wave patterns. The crypto market rally faced headwinds amid uncertainty due to low trading […]

In a tumultuous turn of events, the recent crypto market selloff has sparked discussions in the digital asset market while resulting in the liquidation of a staggering $70 billion within a span of 24 hours. Meanwhile, this latest downturn follows a period of heightened volatility in recent days, raising concerns among investors and analysts alike. […]

Solana price prediction: SOL price has witnessed a remarkable trajectory in the digital currency realm throughout 2023. This altcoin’s value soared by an impressive 900%, showcasing its potential and capturing the attention of investors. Despite this remarkable growth, the onset of January marked a period of correction. SOL  dipped by around 20%, slipping beneath the […]

Shiba Inu, one of the most popular meme cryptocurrencies, has captivated noteworthy attention today as the dog-themed meme token’s burn rate rocketed slightly over 900% in the past 24 hours. Coming in tandem with the token’s current bearish movement, primarily attributed to the broader crypto market’s trend, this surge in the burn rate has ignited […]

The AI industry has grown consistently in the past five years. Tech giants across the globe have leveraged a huge segment of their business over artificial intelligence. These firms have long anticipated to generate good revenue from AI going forward. Additionally, Goldman Sachs analyst expects AI to be fruitful and efficient for firms that don’t […]

The ban decision made by United States President Joe Biden on video sharing platform TikTok, appears to have stirred some animosity from top players like Robert F. Kennedy Jr (RFK). TikTok Ban Labeled a Smoke Screen Independent US Presidential candidate Robert F. Kennedy Jr. has threatened to contest the TikTok ban based on constitutional rights.  […]