Tron blockchain founder Justin Sun has recently addressed the United Nations report’s critical observations on using USDT, a popular stablecoin, in illicit activities. The UN report, which focused on the potential misuse of blockchain technology, particularly highlighted the role of USDT in money laundering and scams in Southeast Asia. Sun, in his statement, contested some […]

Binance, the world’s leading crypto exchange, recently took the world of digital assets by storm as its legal eagles revealed plans to seek dismissal of a fraud suit filed by the SEC. The crypto exchange is reportedly heading to a Washington courtroom on Friday, eyeing the lawsuit dismissal, marking a monumental move against the U.S. […]

In a strategic move to broaden its array of trading choices and elevate user experience, Binance introduced four new spot trading pairs on Friday, January 19, 2024. The newly added pairs include Ethereum Classic (ETC), Ethereum Name Service (ENS), Celestia (TIA), and Sui (SUI) as base currencies. List of Additions to Binance Spot Trading According […]

Crypto Price Prediction: The cryptocurrency market deepens its correction phase as Bitcoin price dips below the $42000 mark on Thursday. With the sell-the-news theory for Bitcoin ETF, the altcoins witnessed highlighted supply pressure. As per the data analytics platform Coinglass, the market witnessed $247.52 million Liquidation of highly leveraged futures contracts betting on higher prices […]

Injective price prediction: The blockchain platform designed for financial applications, has recently experienced a downward trend. Over the past week, this dip followed a broader pullback across the cryptocurrency market. However, recent developments hint at a potential shift towards a bullish trend. The platform’s token has seen considerable volatility, alternating between buyer and seller dominance.  […]

Grayscale Investments CEO Michael Sonnenshein stands firm in the face of skepticism, defending the Grayscale Bitcoin Trust ETF, GBTC’s 1.5% fee, the highest in the market. Notably, as the U.S. Securities and Exchange Commission (SEC) recently greenlit several Spot Bitcoin ETFs, Sonnenshein boldly predicts that most won’t survive, questioning their long-term commitment to the asset […]

Samson Mow, known for his candid views on the crypto space, has ignited controversy by dubbing Ethereum as the “stupid man’s Bitcoin.” However, Mow, who shared his unfiltered thoughts on the X platform, didn’t stop there. When a user questioned the title for XRP holders, Mow intriguingly labeled it a “tricky one.” The cryptocurrency maverick […]

BlackRock, Bank of America, and others do not expect rate cuts coming in the next few months this year, postponing the earlier plans of starting rate cuts in March. The U.S. Federal Reserve kept the fed funds rate steady at 5.25%-5.5% for a third consecutive meeting in December as inflation continues to cool and Fed […]

In a recent revelation, Howard Marks, Co-founder of Oaktree Capital Management, has ignited a fresh perspective in the ongoing debate between Bitcoin and Gold. Notably, Marks contends that when it comes to intrinsic value, both assets stand on equal footing. Meanwhile, this departure from the traditional narrative comes as Oaktree, an asset-management firm founded in […]

The US-listed spot Bitcoin exchange-traded funds (ETFs) have cumulatively bought about 68,500 Bitcoin (BTC) since their launch, valued at $2.8 billion, according to data provided by X account CC15Capital. Notably, the data doesn’t include numbers for the Grayscale Bitcoin Trust (GBTC), which continued to see outflows on the fifth trading day. The data also showed […]