American digital assets management firm Grayscale Investments is moving large amounts of Bitcoin (BTC) from its wallet, a trend that has sparked a bearish thesis on Crypto X. Insight into the Grayscale Bitcoin Movement Large crypto transfers are not uncommon in the crypto ecosystem, especially with large whales dominating most of the corporations in the […]

The European Banking Authority (EBA) has expanded its anti-money laundering (AML) and counter-terrorist financing (CTF) guidelines to include crypto-asset service providers (CASPs). This decision marks a crucial step in the EU’s effort to curb crypto-assets’ misuse in illicit financial activities. EU Authority Targets Risks in Crypto Transactions The EBA’s guidelines focus on the unique risks […]

WalletConnect has announced the launch of Web3Inbox, an innovative notification app tailored for Web3 users. This platform is designed to streamline the way followers of blockchain projects receive updates, transforming the current communication landscape in the Web3 community. A Leap Forward in User Convenience and Privacy The hallmark of Web3Inbox is its ability to offer […]

Animoca Brands, a Hong Kong-based Web3.0 group, has unveiled its latest venture into the world of decentralized gaming with the launch of Anichess, a revolutionary decentralized chess game. As per the announcement, this move marks a significant milestone in the intersection of blockchain technology and traditional board games, promising a new era of secure and […]

Morgan Stanley, a prominent financial institution, anticipates stablecoins to back the U.S. dollar (USD) amidst concerns of de-dollarization. The report highlights the challenges USD is exposed to due to the rise of digital currencies. In addition, it underscored the global efforts to promote de-dollarization. EU & China Intensify De-dollarization Risks Morgan Stanley underscores the current […]

Cryptocurrency Picks for Today: On Tuesday, the crypto market witnessed a minor relief rally in its correction trend, as the Bitcoin price tries to stabilize above the $42000 mark. Although the recent introduction of spot Bitcoin ETFs didn’t trigger a major uptick in the underlying asset BTC, current technical chart analyses suggest that this correction […]

Dogecoin, one of the most popular meme coins functioning atop the Ethereum blockchain, echoed a sense of frenzy across the global crypto landscape on Tuesday as the token recorded an enormous whale transaction. This transaction birthed a tidal wave of speculations among crypto market enthusiasts globally as it emerged amid the meme coin’s price jump. […]

In a fiery exchange of words, Ripple CEO Brad Garlinghouse has labeled U.S. Securities and Exchange Commission Chairman Gary Gensler’s crypto stance as “insanity.” Meanwhile, the heated criticism stems from Gensler’s regulatory stance on the crypto industry, delays in approving bitcoin exchange-traded funds (ETFs), and high-profile legal battles, including Ripple’s own lawsuit. Notably, as tensions […]

The crypto market’s post-Bitcoin ETF sell-off hangover lingers, but a sense of uneasy calm has settled in. Chainlink price, for one, seems to be testing investor’s patience, falling back from $16 to $15. If a key technical pattern plays out, LINK could be in for a steeper dive. The 20 Exponential Moving Average (EMA) on the four-hour […]

After the approval of the 11 Spot Bitcoin ETFs, the Bitcoin (BTC) price shot up significantly, nearing $49,000. However, subsequently, the oldest crypto witnessed a bearish turn, now trading at around $43,000. Amid the declines, a crypto analyst sold off a substantial share of his Bitcoin holdings to acquire Ethereum (ETH). Why did the crypto […]