Ethereum Price: Here’s Why ETH Is Bullish This Week 

Ethereum price is only 33% from its all-time high of $4,878 after rallying to a 22-month peak of $3,278. The second-largest crypto has continued to sustain a bullish outlook apart from the brief consolidation in early January. Both technical and fundamental indicators point to a larger breakout, with ETH likely to start price discovery soon. […]

Hut 8 Breaks Ground on New Mining Site with BTC Reserve Despite Lawsuits

Hut 8 Corp has announced that it will finance its short-term expansion using the nine thousand Bitcoins that are listed on its balance sheet. The firm also announced that it will be constructing a new Bitcoin mining site in Texas to enhance its growth. Hut 8’s expansion plans come at a time when the company […]

Spot Bitcoin ETF: Market Data Shows Whales Are Not Backing Down

The spot Bitcoin ETF issuers have added more Bitcoin (BTC) to their portfolio, underscoring the fact that whales are solidly behind the new offering and have no plans of backing down anytime soon. Spot Bitcoin ETF Adds 9901 BTC According to data from crypto analytics platform LookonChain, 8 of the 11 spot Bitcoin ETFs that […]

Terraform’s Do Kwon Unlikely in the US for March SEC Trial

As per the recent court filings, the co-founder of Terraform Labs, Do Kwon, may not arrive in the United States in time for the trial with the Securities and Exchange Commission (SEC). Kwon’s legal representatives have concerns regarding the postponement of the extradition process from Montenegro, where Kwon has been detained since March 2023. Although […]

USDC Stablecoin Growth with Circle and Coincheck Deal in Japan

In Japan, the response to the burgeoning stablecoin sector has been proactive and regulatory in nature. The nation has instituted a new regulatory framework specifically for “Electronic Payment Instruments Services” (EPIS) that deal with stablecoins. This framework underscores the importance of compliance with the Payment Services Act (PSA), which necessitates registration for conducting EPIS. Such […]

Cardano Unleashes Plutus V3 Engine to Empower Developers

Cardano parent company Input Output HK has unveiled the Plutus V3 engine as it looks to enhance performance on the Proof-of-Stake (PoS) network. Cardano Plutus V3 Is Designed to Enhance Smart Contract Functionalities According to the announcement, the new ledger language has been made available for testing on SanchoNet. Noteworthy, Cardano has been mulling the […]

IOTA Foundation Partners with WEF and Global Trade Leaders in Abu Dhabi

In an unprecedented turn of events, the IOTA Foundation has allied with leading global entities to embark on an ambitious journey that promises to reshape the landscape of international trade. This strategic partnership, which includes the World Economic Forum, Trademark Africa, and the Tony Blair Institute for Global Change, is poised to address the age-old […]

Binance Backs Babylon to Unlock Bitcoin Staking on PoS Chains

Binance Labs, the venture capital and strategic initiative arm of Binance, has made a significant investment in Babylon, a pioneering Bitcoin staking protocol. Babylon, a project initiated by Stanford Professor David Tse and Dr. Fisher Yu in 2022, aims to revolutionize the integration of Bitcoin with Proof-of-Stake (PoS) blockchains. This investment underscores Binance Labs’ dedication […]

LUNC Price: Terra Classic Ready To ‘Swallow’ 1 Zero As Market Cap Nears $1B

Price increases in the crypto market have kept the mood vibrant since Monday when Bitcoin price broke out above $57,000 for the first time since 2021, triggering a 5% spike in Terra Classic (LUNC price) to $0.00013. LUNC Price Prediction As Technicals Improve Terra Classic has kept a bullish outlook since the beginning of February, with LUNC […]

DeFi Player Gauntlet Shifts to Morpho for Dynamic Lending Pool

Gauntlet’s research firm has just announced its collaboration with Morpho, a lending protocol. This collaboration has been a turning point for Gauntlet as the company is identified for risk management and the creation of a lending vault in the DeFi part. The move to Morpho, effected by Gauntlet, came after it had already cut ties […]