Just-In: Court Delays Binance Founder CZ’s Criminal Sentencing, Here’s Why

As per the latest notice on Monday, February 12, the Seattle federal court has delayed the criminal sentencing for Changpeng Zhao to late April 2024. Zhao has been facing money laundering and other charges amid a crackdown on crypto exchange Binance, by the U.S. Securities and Exchange Commission (SEC). Originally, Zhao’s sentencing was The Court […]

What’s Next For Bitcoin Price As 7 Days Winning Streak Hits $50k?

On February 12th, the Bitcoin price finally hit the $50,000 barrier for the first time in two years, marking a significant milestone with a 3.8% increase within the day. This surge pushed Bitcoin past the previous resistance level of $49,000, effectively reversing the losses triggered by the introduction of a spot BTC ETF. Is this […]

Shiba Inu Lead Sparks Meme Fest With Shiboshis Valentine’s Post

A new post from Shiba Inu’s pseudonymous developer Shytoshi Kusama has triggered exciting engagements from members of the SHIBArmy.  Shytoshi Kusama Sparks Community Engagement In the spirit of Valentine’s Day which is only a few days away, Kusama stated that single Shiboshi is looking for new love. Notably, Shiboshis are Non-Fungible Tokens native to the […]

Bitcoin Breaks $50K, Here’s What You Should Know

Bitcoin (BTC) has crossed the $50,000 threshold, the highest level since 2021, causing an upheaval in the market and drawing the interest of investors worldwide. This rise is attributable to large money inflows into Bitcoin ETFs, a bullish options market, and supportive trends in the futures market. At press time, BTC was trading at $49,763, […]

Bitcoin ETF Demand Skyrockets, Outpacing Supply by 12.5X

In an appearance on CNBC’s Squawk Box, Anthony Pompliano, a well-known cryptocurrency advocate, shed light on the burgeoning interest from Wall Street in Bitcoin, revealing that institutional investors are purchasing Bitcoin ETF at a rate of 12.5 times greater than its daily production. This surge in demand comes as the cryptocurrency market anticipates the upcoming […]

Peter Schiff Labels Bitcoin Rally “Another Classic Pump and Dump”

Considering the recent Bitcoin rally, American stockbroker and financial commentator Peter Schiff thinks that this may just be “another classic pump-and-dump” cycle.  Bitcoin Rally Drawing New Speculations Earlier on Monday, the price of Bitcoin blew past the $50,000 threshold, marking the highest level the coin has reached in the last three years.  The surge triggered […]

Solana’s SOL Price Drops Despite Phone Pre-Orders Surpassing 100K

Solana (SOL) has experienced a decline in its market price despite the overwhelming success of its mobile division. The blockchain company recently announced that pre-orders for its second crypto-enabled smartphone have surpassed 100,000 units in just over a month, a significant milestone that underscores the growing interest in crypto-integrated devices. However, this enthusiasm has not […]

FTX to Sell Digital Custody Unit for $500K, Down from $10M Buy

FTX, the crypto exchange that filed for bankruptcy in November 2022, will sell Digital Custody Inc (DCI), one of its subunits acquired in the past, for a fraction of the original purchase price. The sale of CoinList, a tokenized platform, is capped at $500k, unlike the $10 million on FTX paid for DCI during August […]

AI Giant NVIDIA Outranks Amazon as 4th Largest US Company

Based on the current outlook of the stock market, leading Artificial Intelligence (AI) firm NVIDIA Corp. has subtly outranked e-commerce company Amazon.com Inc.  NVIDIA Hits $1.83T in Market Capitalization NVIDIA has hit a milestone with its recent 2.9% rise to a market value of about $1.83 trillion. With this value, the AI giant is now […]

Ethereum Staking Hits New High, Surpasses 25% Participation

Ethereum, the blockchain platform second only to Bitcoin in market capitalization, has achieved a significant milestone in its staking participation rate, surpassing the 25% mark. This development, highlighted by on-chain analytics firm IntoTheBlock, underscores a growing interest and confidence in Ethereum’s proof-of-stake (PoS) consensus mechanism. The increased staking participation demonstrates the community’s faith in Ethereum’s […]