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 […]

Cryptocurrency exchange KuCoin on Tuesday announced that its crypto debit card will now also integrate Apple Pay for its users. The inclusion comes at a time when institutional players have been increasingly partnering with crypto companies. KuCard to offer Apple pay to users KuCard, a cryptocurrency debit card launched by KuCoin, will now offer Apple […]

Cardano Price Prediction: The fear of spot Bitcoin ETF being a Sell-the-news event is gradually strengthening for market participants, as BTC price recently lost the $40000 mark. The intensified supply pressure prolongs the correction phase in the majority of major coins, including Cardano. As a result, the ADA price dropped from $0.617 to $0.46 within […]

Strike founder and CEO Jack Mallers in an interview took a mocking jibe at cryptocurrencies while calling Bitcoin the future. Maller’s comments however come at a time when Bitcoin prices have been tumbling and have been range-bound for some time. Bitcoin is open for utilization, says Jack Mallers In an interview with Yahoo Finance, Strike […]

The Financial Industry Regulatory Authority (FINRA) has identified a troubling pattern in the crypto communications of its member firms. An intensive examination found that 70% of these communications might infringe upon the established norms of fairness and balance mandated by the regulatory body. The sweep, initiated in November, scrutinized 500 retail communications, uncovering potential violations. […]