After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC). Abandoned ETF Application According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin […]

In an unexpected plot twist witnessed today, March 13, Elon Musk’s Pepe meme-related post on X appears to have garnered noteworthy attention among crypto market enthusiasts across the globe as the meme coin PEPE noted a remarkable surge following Musk’s post’s surfacing. Pepe coin, a cryptocurrency venture where memes meet blockchain, curated waves throughout the […]

Charles Hoskinson, the founder of Cardano, discussed the upcoming “SuperNode” feature. This feature represents a pioneering attempt to increase the scalability and efficiency of the Cardano network as well as the involved chains. The SuperNode concept, which the Hyperledger FireFly Node initiated, can be a corporate game changer and lead to a reinvention of smart […]

Crypto markets are on a care watch as President Joe Biden’s Democratic presidential nomination is indicating a certain trajectory for the upcoming elections. Bloomberg reported, while citing the Associated Press that President Joe Biden secured the Democratic presidential candidacy on Tuesday by winning a sufficient number of delegates. With a primary win in Georgia, Biden […]

Elon Musk, the world’s richest man and Tesla’s CEO, sent shockwaves through the crypto industry with a stunning announcement regarding Dogecoin (DOGE). Musk noted that he is exploring the possibility of adding DOGE as a payment method to purchase Tesla cars. Elon Musk To Introduce Dogecoin Payments For Tesla Elon Musk recently visited the German […]

The US PPI inflation data released by the Bureau of Labor Statistics on Friday showed that wholesale inflation experienced a surge in February. The PPI index, which gauges the price at which raw materials are sold on the open market, came in at 0.6% in February, higher than analyst forecast of 0.3%. That also compares to […]

JPMorgan Chase & Co., a well-known American Investment Bank has found itself in hot water as it faces a $348.2 million fine by two US bank authorities. Banking Giant Facing Allegations of Financial Misconduct According to the announcement, the Federal Reserve in collaboration with the Office of the Comptroller of the Currency (OCC), imposed this […]

The Bitcoin nation of El Salvador has been setting up new precedence by moving a large part of its Bitcoin holdings to cold wallets and keeping them in physical vaults within the country’s own territory. El Salvador Secures Bitcoin Holdings In a significant development, President Nayib Bukele of El Salvador reveals the decision to transfer […]

Amid the global dash for AI supremacy witnessed recently, an intriguing investment venture orbiting the world’s most prominent generative AI services offering company, OpenAI, appears to be garnering noteworthy interest among industry prominencies globally. According to a report, MGX, Abu Dhabi’s state-backed investment firm, recently went into the initial stages of discussions with OpenAI, eyeing […]

SOL, the native token of the layer 1 ecosystem Solana is riding a steady rally defying current market correction as Bitcoin plunged below $70K. This sell-off has notably affected the altcoin market but the Solana price shows its sustainability above the $165 mark. This strong resilience hints this coin may witness an intense buying momentum […]