Binance, the world’s leading crypto trading avenue, has unveiled plans for a major token burn scheduled for Monday, January 22. The burn would be conducted for Binance-pegged across various chains. The initiative doesn’t come as a surprise as the crypto exchange has performed such token burns in the past that mostly encompassed idle Binance-wrapped tokens. […]

The crypto prices today were mixed, with the major cryptos seeming to be facing selling pressure from the investors. However, the recent performance of the overall market suggests that the investors are shifting their focus towards the altcoins, which in turn might have helped the crypto segment to stay in the green. The crypto prices […]

As India gears up for the Union Budget 2024, expectations are running high regarding the fiscal policies and provisions that the government is likely to unveil. The Union Budget 2024 budget is especially significant as it comes against the backdrop of the evolving crypto sector. The Union Budget is a pivotal event after India’s G20 […]

XRP, one of the most prominent cryptocurrencies by global market cap, birthed a tidal wave of speculations across the broader crypto market on Monday as the token recorded another significant whale activity recently. As per blockchain data spotlighted by the tracker Whale Alert, a whopping 26.8 million XRP on the move sparked inferences among crypto […]

Donald Trump is once again in the race to become the next US President later this year in 2024. In one of his campaign speeches, Donald Trump recently vowed to oppose the creation of central bank digital currency (CBDC) aka Digital Dollar. “As your president, I will never allow the creation of a Central Bank […]

In a strategic move, Ondo Finance, a prominent U.S.-based issuer of tokenized securities backed by Coinbase, has set foot in the Asia Pacific, capitalizing on the region’s surging interest in digital assets. The company, which claims to hold a significant amount of the tokenized securities’ global market share, revealed its plans through a recent press […]

The Coinbase Chief Legal Officer (CLO), Paul Grewal, has vehemently countered a recent report by the U.S. Government Accountability Office (GAO). The report raised concerns about the use of cryptocurrencies to evade U.S. economic sanctions. The GAO report highlighted instances where foreign states facing U.S. sanctions used cryptocurrencies like Bitcoin (BTC) to circumvent the intended […]

Amid the broader cryptocurrency market sell-off, the Ethereum price has also come under some selling pressure and is currently trading 2.02% down at $2,421 with a market cap of $291 billion. Ethereum Price Remains In the Key Demand Zone In a recent market update, prominent crypto analyst Ali Martinez sheds light on the current state […]

The world’s largest cryptocurrency Bitcoin (BTC) continues to face selling pressure with the BTC price dropping an additional 2.72% all the way to $40,766. The recent selling pressure has come amid strong selling of Bitcoins by Grayscale after the GBTC share sale. However, the same money has been quickly moving into the newly launched Bitcoin […]

Terraform Labs Pte Ltd (TFL), the company behind the TerraUSD (UST) stablecoin that collapsed the cryptocurrency market in 2022, has filed for Chapter 11 bankruptcy in Delaware, United States, according to court papers filed on Sunday. Terraform Labs chief executive officer (CEO) Chris Amani the move is important for the company and its investors. It […]