In a strategic move, Ondo Finance, a prominent U.S.-based issuer of tokenized securities backed by Coinbase, has set foot in the Asia Pacific, capitalizing on the region’s surging interest in digital assets. The company, which claims to hold a significant amount of the tokenized securities’ global market share, revealed its plans through a recent press […]
Coinbase CLO Fires Back At US GAO’s Concerns On Crypto Evasion Of Sanctions
The Coinbase Chief Legal Officer (CLO), Paul Grewal, has vehemently countered a recent report by the U.S. Government Accountability Office (GAO). The report raised concerns about the use of cryptocurrencies to evade U.S. economic sanctions. The GAO report highlighted instances where foreign states facing U.S. sanctions used cryptocurrencies like Bitcoin (BTC) to circumvent the intended […]
Ethereum (ETH) Price Remains Within Key Demand, Here’s the Next Support Level
Amid the broader cryptocurrency market sell-off, the Ethereum price has also come under some selling pressure and is currently trading 2.02% down at $2,421 with a market cap of $291 billion. Ethereum Price Remains In the Key Demand Zone In a recent market update, prominent crypto analyst Ali Martinez sheds light on the current state […]
Bitcoin Price Won’t See Any Move Until Complete Liquidation of Grayscale Bitcoin Trust
The world’s largest cryptocurrency Bitcoin (BTC) continues to face selling pressure with the BTC price dropping an additional 2.72% all the way to $40,766. The recent selling pressure has come amid strong selling of Bitcoins by Grayscale after the GBTC share sale. However, the same money has been quickly moving into the newly launched Bitcoin […]
Breaking: Terraform Labs (TFL) Files For Bankruptcy Protection, LUNA & LUNC Price Fell 5%
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 at Risk of 15% Drop As Sellers Break Below 50-Day Support
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 […]
XRP Ledger (XRPL) L2 Evernode Hits Major Node Issue, What’s Happening?
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 […]
5 Small Cap Coins With 10x-100x Upside Potential
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 as Option Writer Bets on Prolong Correction, Is $2000 ETH Next?
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 Jumps 11% as New Memecoin Revival Begins
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 […]