The crypto market prices continued to dip today with major cryptocurrencies bleeding due to selling pressure from traders. Bitcoin (BTC), the largest crypto by market cap, fell below the $40,000 mark while some smaller altcoins outperformed the significant players in the domain. Today’s crypto prices suggest notable lows for both Bitcoin and Ethereum (ETH). This […]

Decentralized Physical Infrastructure Networks (DePIN) is the central spotlight in the ever-evolving Web3 space. It is emerging as a revolutionary trend shaping the future. What is DePIN? Briefly describing, DePIN is also known as Proof of Physical Work (PoPw), Token Incentivized Physical Networks (TIPIN), or EdgeFi. It differs from Proof-of-Work (PoW) by encompassing the “real-world […]

The world’s largest cryptocurrency Bitcoin (BTC) sees selling pressure with the BTC price dropping another 1.5% to $39,677 as of press time. Some of the on-chain indicators suggest that the BTC price could drop another 10-15 % from here onwards. BitMEX CEO Takes Defensive Measure on Bitcoin In a recent statement, BitMEX CEO Arthur Hayes […]

The U.S. Securities and Exchange Commission (SEC) filed a response to defendant Ripple’s opposition to providing audited financial statements for two years, post-complaint contracts for the sale or transfer of XRP to “non-employee counterparties”, and details on the amount of “XRP Institutional Sales proceeds” received after the lawsuit. US SEC’s Reply To Ripple’s Opposition According […]

Core Scientific, a prominent Bitcoin mining firm, has triumphantly emerged from Chapter 11 bankruptcy, unveiling a strengthened balance sheet and a renewed competitive edge. Meanwhile, the company’s restructuring plan, reducing debt by $400 million, sets the stage for its return to Nasdaq trading on January 24, 2024. Notably, Core Scientific’s strategic evolution signals a significant […]

Coinbase and the U.S. Securities and Exchange Commission (SEC) are currently engaged in a legal battle. Amid the court battle, Coinbase CLO Paul Grewal criticized the recent court ruling for a lawsuit by the SEC against Crowd Machine. This led to a renewed battle on whether tokens should be considered securities or not. Coinbase CLO […]

In the commodity market, gold and bitcoin are now two standout options. On Tuesday, the total volume in the last seven days of Bitcoin ETF trading almost touched $19 billion. While both offer unique avenues for investors, let’s dive into the difference between these two exchange-traded products. Gold ETFs are considered safer Gold ETFs are commodity funds […]

Solana price gives back gains, overshooting recent support at $85 to test a new demand area at $85. The prominent altcoin holding the fifth spot in the market with a cap of of $36 billion, has lost 3% of its value in 24 hours, 14% in seven days, and 28% in a month to trade […]

Fear is gripping investors faster than spreading wildfire as crypto sell-offs continue. While some analysts like @jaydee_577 on X foresaw a potential pullback following the approval of BTC ETFs, a majority of market participants were caught pants down, looking forward to Bitcoin price breaking above $50,000 and continuing with a Q4 rally in 2024. Despite the correction, […]

Non-fungible token (NFT) marketplace Magic Eden has rolled out an incentivization scheme for its collectors, and creators. Magic Eden to Give Back to Contributors For a long time, Magic Eden has channeled effort and resources into designing a long-term cross-chain NFT reward program. The scheme aims to give back to contributors to the ecosystem. Magic […]