Yuga Labs to Support Only Royalty-Respecting NFT Platforms

Yuga Labs, the creator of the beloved Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections, has announced a significant change in partnership preferences with NFT marketplaces. The company has adopted an open stance, partnering solely with platforms that respect the creator’s right to payment of royalties. This action highlights the increasing worry […]

Atlanta Federal Reserve Raises Caution For Banks on Crypto Risks

The Federal Reserve Bank of Atlanta released a statement on Monday, warning other banks about the risks of blockchain and crypto. The statement comes at a time when the alleged use of crypto in illicit activities has taken a resurgence. The Atlanta Fed’s cautious stance also advised banks to follow the Federal Reserve’s complete guidance […]

Crypto Markets in Asia to be on Sidelines as Bond Yields Rise in the Region

Bond yields in most Asian countries have seen a steady increase recently. A rise in government-related bonds can act as a hook for many investors to stick to non-risky assets and keep their investments safe from volatility. However, the rising yields could also keep crypto markets pressured by denting the risk appetite of market participants […]

XRP Vs. SEC: Ripple Faces New Class Action for Unregistered XRP Offerings

Ripple Labs Inc., its CEO, Bradley Garlinghouse, and subsidiary XRP II, LLC, find themselves at the center of a class action lawsuit. Filed in the Northern District of California, the lawsuit accuses the San Francisco-based fintech company of violating federal and California securities laws by offering and selling the digital asset XRP without the necessary […]

Key Reasons Why Theta Price May Prolong Recovery By 40%

Theta Price: The crypto market witnessed a renewed recovery force as the Bitcoin price rebounded from the $50600 support last weekend. The positive turnaround propelled several altcoins back to recovery sentiment including Theta. The coin price surged from $1.17 to $1.66 within three days to register 42% growth, the recent price breached the resistance trendline […]

Texas Court to Review Crypto Mining Survey Injunction Request

A Texas court is scheduled to hear a motion for a preliminary injunction against the Department of Energy’s study into crypto mining. This legal development comes after a temporary restraining order granted by Judge Alan Albright of the U.S. District Court for the Western District of Texas.  NEW: A Texas district court is scheduled to […]

Google Unveils Genie, Its Video Games Generating AI

There is a new revolution in the game design landscape with the newly launched Google Genie Artificial Intelligence (AI) tool. Google Genie is a Big Deal Google DeepMind has just unveiled a new AI tool that is capable of creating playable virtual worlds from a single image. This Genie introduction is yet another way US […]

Will Shiba Inu Price Have a Sustainable Hold Above $0.00001 By Feb-End?

Shiba Inu Price: The waning bullish momentum in the Bitcoin price continues to bolster the sideways trend in altcoins, including SHIB. The second-largest meme cryptocurrency has been highly volatile for the past two weeks resonating between $0.00001 and $0.00000934 horizontal levels. The long-wick rejection candles on either side accentuate the increasing uncertainty among market participants. […]

Ted Cruz’s Bill Aims to Block Fed’s CBDC Creation

Amidst the growing popularity and adoption of crypto in the U.S., a new legislative effort spearheaded by Texas Senator Ted Cruz seeks to put a brake on the Federal Reserve’s ambitions to introduce a central bank digital currency (CBDC) in the United States. This move highlights the growing concern among some lawmakers about the potential […]

Ethereum Whales Buy 12,000 ETH From Kraken Ahead of Dencun

Ethereum price crosses the $3,100 barrier this Sunday, marking a new 52-week high at $3,153. As the market expects this peak as a placeholder, the Whales anticipate a massive jump, leading them to accumulate more Ethereum.  The ETH price is skyrocketing with multiple bullish catalysts like the new and upcoming Dencun upgrade, the Ethereum ETF, […]