SOL Price Jumps 5.5% As Solana Unveils Token Extensions

While the broader cryptocurrency market has been still consolidating, The Solana (SOL) price registers a 5.5% jump shooting all the way to $88.43 with a market cap of $38.2 billion. The SOL price jump comes as the Solana blockchain unveils a new token extension with the SPL standards. Is A SOL Price Revival on The […]

Crypto Firm Bakkt Expands Globally When Bitcoin ETFs Are Driving Market Evolution

Crypto solutions company Bakkt Holdings said it is expanding cryptocurrency operations across new international markets. In a statement on Wednesday, Bakkt confirmed collaboration with existing clients, stock trading platform Hapi and digital brokerage SogoTrade. In Latin America, Bakkt is now live in Brazil and Guatemala, adding to its existing presence in Argentina and Mexico. It has launched […]

Crypto Mining Firm Hut 8 Challenges Jcapital’s Accuracy in Recent Report

In response to accusations from JCapital Research, Bitcoin mining firm Hut 8 has denied claims of misconduct. On January 24, the company issued a statement refuting the allegations in JCapital’s January 18 report, which branded the firm’s activities as speculative and fraught with legal and ethical red flags. Hut 8’s counter-assertion emphasizes the reliability of […]

XRP Price Rally In February 2024?: Whales Shift 269 Million Tokens

While the legal tussle between the United States Securities and Exchange Commission (SEC) and Ripple appears to be taking new turns with the recent arguments over access to financial statements and the discovery of the XRP sales, some of the whales are involved in big ticket transactions. Also Read: Important Updates of Ripple (XRP) Lawsuit: […]

Bitwise Innovates with On-Chain Transparency for Bitcoin ETF

Bitwise, a prominent cryptocurrency asset management firm, has become the first in the United States to openly reveal the Bitcoin address holdings of its spot Bitcoin exchange-traded fund (ETF). This pioneering step not only enhances the transparency of its operations but also marks a significant stride in aligning with the fundamental principles of blockchain technology. […]

Spot Ethereum ETF: US SEC Delays Decision on BlackRock’s Application

The United States Securities and Exchange Commission (SEC) has delayed the decision on the spot Bitcoin ETF application from American multinational asset manager BlackRock. New Date for BlackRock’s Spot Ethereum ETF Unveiled The BlackRock spot Ethereum ETF dubbed the iShares Ethereum Trust will not get a decision on whether it is approved or denied until […]

Adam Back Addresses Mt. Gox Repayment Fears Amid Bitcoin Market Volatility

In the wake of uncertainty surrounding the Mt. Gox bankruptcy proceedings, Adam Back, a prominent figure in the cryptocurrency sector, recently shed light on the situation, offering insights into the broader digital currency landscape. Adam Back’s Perspective on Mt. Gox’s Approach Adam Back, known for his influential role in the early development of digital currencies, […]

SEC Chair Gensler Leads Push for Stricter Rules on SPACs

The U.S. Securities and Exchange Commission (SEC) has recently implemented a series of stringent regulations aimed at “special-purpose acquisition companies” (SPACs). These new rules, adopted with a 3-2 vote by the SEC Commission, significantly increase legal responsibilities for SPACs, particularly concerning the disclosure of projected earnings and other vital information. SPACs Under Scrutiny SPACs, often […]

Crypto Firm XBTO Replaced as Main Sponsor on Messi’s Inter Miami CF Jerseys

Crypto firm XBTO will no longer be the main sponsor of Messi’s Inter Miami CF jerseys. The fallout of the partnership between the crypto company and the soccer giant comes after a 3 years run. XBTO gets replaced as Messi’s Inter Miami CF jersey sponsor Royal Caribbean Cruises Ltd. will take over as the primary […]

Bitcoin ETF Risks: Investor Guide When GBTC Outflows Spook the Market

After an upbeat launch of the Bitcoin Exchange-Traded Funds (ETFs), the market witnessed major outflows in the last few days. Bloomberg’s James Seyffart reported that the Grayscale Bitcoin Trust (GBTC) experienced $515 million in outflows on Tuesday. This comes after the outflows exceeded $640 million on Monday for the converted fund. This brings the total […]