Terraform Labs Pte Ltd (TFL), the company behind the TerraUSD (UST) stablecoin that collapsed the cryptocurrency market in 2022, has filed for Chapter 11 bankruptcy in Delaware, United States, according to court papers filed on Sunday. Terraform Labs chief executive officer (CEO) Chris Amani the move is important for the company and its investors. It […]

Bitcoin Price Prediction: Bitcoin, the largest cryptocurrency in terms of market capitalization, experienced a sharp downturn over the week, plummeting from $49,000 to $40,300. This significant 17.8% drop can be linked to market concerns surrounding the spot BTC ETF being perceived as a ‘sell-the-news’ event, along with Grayscale’s ongoing liquidation of its Bitcoin holdings. During […]

Evernode (EVR), the layer-2 scaling solution built on the XRP Ledger (XRPL) has run at a minor hiccup on its network in about a week since it went live after much postponement.  The Evernode (EVR) Glitch According to the update shared by Evernode on its X account, the rapid growth in the number of node […]

The digital currency ecosystem is evolving in no small measure with a series of small-cap coins making impressive moves in the market overall. While thousands of assets are making waves in the market today, a few selected coins have the prospects of soaring by 1000% to 10,000%. Five of these promising altcoins include Astar (ASTR), […]

Ethereum Price Prediction: The cryptocurrency market is currently on the edge, with increasing concerns that Grayscale might persist in selling its Bitcoin holdings. This fear stems from investors shedding shares of the GBTC ETF, sparking a wider market sell-off. Amid this downturn, the second-largest cryptocurrency Ethereum formed a local top at $2700 and entered a […]

Dogecoin (DOGE) price has entered the bullish zone and it is leading a new memecoin revolution today as it has maintained its bullish resurgence since the news of X Payments accounts was reported on July 20. At the time of writing, the memecoin is changing hands at a price of $0.08818, up 11.13% in the […]

XRP holder’s lawyer John Deaton has come out to slam the lawyers representing the United States Securities and Exchange Commission (SEC) over the Bitcoin (BTC) statement made during the past week’s hearing in the ongoing Coinbase Global Inc. lawsuit. The SEC’s Misconception About Bitcoin (BTC) While Bitcoin (BTC) is not the primary bone of contention […]

UMA, the native token of the Universal Market Access Protocol, has garnered significant attention from cryptocurrency investors, particularly due to its impressive performance in a market fraught with uncertainty. Over the past four days, the UMA price has skyrocketed by 212%, achieving a remarkable 20-month peak at $6.73. This surge represents a decisive breakout from […]

A country’s budget is one of the most important factors in deciding its upcoming growth and taxation. For India, the Union Budget for 2024 is scheduled to be announced on February 1st. However, besides the annual financial statement, the most important part of a budget lies in its audio, i.e. The Speech. What is the […]

As India eagerly awaits the Union Budget 2024, set to be presented on February 1 by Finance Minister Nirmala Sitharaman, the complex jargon associated with the budgeting process can be daunting. So, as the annual ritual of deciphering the Union Budget is approaching, some financial market enthusiasts might get concerned about the whirlwind of unfamiliar […]