Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, marked a tempest of strides on Wednesday following a colossal surge noted by the token’s burn rate. Notably, as per on-chain data unveiled by Shibbrun, a platform facilitating SHIB burning insights, the meme coin’s burn rate surged over 27000%, garnering noteworthy […]

Bitcoin ETF applicant VanEck‘s Strategy Advisor, Gabor Gurbacs, recently made a shocking statement about the U.S. Securities and Exchange Commission’s (SEC) fake approval post. He labeled it as an “inside job,” citing loopholes in the aftermath of the event. In addition, several other crypto critics have been supporting this claim. Also Read: Bitcoin Whiplash on […]

XRP’s price trajectory has been downward for the past week, but recent developments suggest a shift toward a bullish trend. XRP has experienced significant fluctuations, oscillating between buyer and seller dominance, with a recent tilt favoring the bears. This has led to a period of sideways movement, characterized by the asset moving within two narrowing […]

In a significant stride toward regulatory clarity, Turkey’s Minister of Treasury and Finance, Mehmet Simsek, announced the final stages of legal work on crypto assets. Recognizing the surging interest in cryptocurrency platforms, Şimşek emphasizes the necessity of regulation to mitigate associated risks. Notably, the impending legislation, which Simsek said to have reached the final stage, […]

In a remarkable twist of events, Coinbase, a leading crypto exchange, has gained notable traction in the crypto market in the aftermath of the SEC’s X turmoil. The Chief Security Officer, Philip Martin, and Chief Legal Officer, Paul Grewal, have stepped up on the X platform, offering assistance to SEC Chair Gary Gensler. Meanwhile, as […]

As 2024 swings into gear and crypto volumes ramp up, Binance Futures has decided to throw its traders a bone in the form of $170,000 USDC in rewards. The generous promotional campaign is designed to raise awareness of its new USDC-margined perps. On January 4th, the exchange launched USDC-denominated markets for BTC, ETH, BNB, SOL, […]

The US Securities and Exchange Commission (SEC) is facing flak after Chairman Gary Gensler confirmed that the agency’s X account was “compromised” to spread false information that spot Bitcoin exchange-traded funds (ETFs) had received the regulator’s nod. A section of the crypto community believes that the SEC itself is to blame for the fiasco, as […]

The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday has renewed concerns about the security of Elon Musk’s social media platform. However, the X safety team has confirmed that the account was compromised due to the SEC failing to enable two-factor authentication rather than any breach of X’s systems. […]

Shytoshi Kusama, Shiba Inu’s lead developer, propelled immense optimism for the Shiba Inu cryptocurrency across the broader crypto market on Wednesday following the revelation of significant project development plans fostered by the meme coin’s crypto community. As per Kusama’s most recent post on the social media platform X, the community now embarks on curating a […]