Ripple CEO Stirs Community Rage Over DOGE-Zimbabwean Dollar Analogy

During the recently held World Economic Forum’s annual meeting in Davos, Switzerland, Ripple CEO Brad Garlinghouse, as a member of a Panel, took a jab at canine-themed memecoin Dogecoin (DOGE), emphasizing that he is yet to discover its use case. Ripple CEO on Dogecoin’s Utility Garlinghouse expressed skepticism towards the use cases of DOGE, adding that […]

Blockchain’s Interoperability Market Size To Exceed $1.98 Billion By 2032: Report

The use of blockchain has grown significantly in the last three years. The size of the global blockchain interoperability market is now on track to become worth $1.98 billion by 2032, according to a report by Spherical Insights & Consulting. Blockchain interoperability to grow significantly by 2035 According to a study by Spherical Insights & […]

Maxine Waters Queries Meta on New Crypto Trademark Filings

Meta Platforms, previously known as Facebook, is under scrutiny from Congresswoman Maxine Waters, Chair of the House Financial Services Committee. Despite previous setbacks and assurances of halted progress in digital currency, Meta appears to be quietly advancing its involvement in the digital assets industry. This follows Waters’ inquiry into Meta’s recent actions concerning cryptocurrency and […]

Jim Cramer Doubts Bitcoin Recovery After ETF Introduction

Jim Cramer, the renowned host of CNBC’s “Mad Money,” has expressed skepticism about the future performance of Bitcoin (BTC), especially in the wake of the cryptocurrency’s struggle to maintain value above the $40,000 mark. This perspective arrives amidst a broader downturn in Bitcoin’s market value, contrasting sharply with the high expectations set by the introduction […]

US Elections 2024: Trump and Haley’s Crypto Policies in Focus as Former Leads GOP Race

As the New Hampshire primary approaches, Donald Trump and Nikki Haley are intensifying their campaign efforts after Ron DeSantis’s exit from the presidential race before the start of this week. Recent polls display a clear lead for Trump in the Republican race. NBC News, the Boston Globe, and Suffolk University’s Sunday poll show Trump with a […]

SEC Admits MFA Deactivation Led to X Account Hack

The U.S. Securities and Exchange Commission (SEC) has confirmed a breach of its official X account (formerly Twitter), attributing the incident to a SIM swap attack. This security lapse occurred on January 9 when an unauthorized entity gained control of the @SECGov handle, erroneously announcing the SEC’s approval of the first-ever spot bitcoin exchange-traded funds. […]

Why Terra Classic (LUNC) Price Is At Risk For 15% Fall

Amid the current uncertainty in the crypto market, the Terra Classic Price downward trend shifted sideways to trade above the $0.0001 physiological level. This support coincides with the 78.6% Fibonacci Retracement level bolstering the formation of a bearish continuation called a pennant. A recent breakdown from this pennant pattern should intensify the market selling pressure. […]

Grayscale Facing Intense Backlash for Market Meltdown, Here’s Why

Grayscale is currently under intense fire from members of the community for what many considered its single-handed impact in dragging the market down recently. According to Bitcoin advocate Nic Carter, Grayscale’s Bitcoin ETF product GBTC is best considered “a gigantic wrecking ball of toxic waste.” Grayscale Investment’s GBTC Underperforming Following the SEC’s approval of eleven […]

FTX’s $1B Grayscale ETF Sale Linked to Major Outflows: Report

The now-bankrupt exchange FTX has reportedly offloaded nearly $1 billion of shares in Grayscale’s Bitcoin Trust (GBTC). This massive sell-off revealed through confidential data and anonymous sources, is part of FTX’s ongoing bankruptcy process. The exchange aimed to liquidate its holdings to aid in reimbursing its creditors, having disposed of all 22 million shares it […]

Binance Teases Coinbase Precedence in Hearing Against SEC

In the latest Binance hearing following the previous postponement due to snowstorms, the lawyers representing the cryptocurrency exchange referenced the situation that ensued between American digital asset service provider Coinbase and the United States securities watchdog SEC to make their argument. SEC Non-Compliance Tabled Coinbase had approached the SEC, requesting clarity on crypto regulation.  As […]