The top crypto prices today registered a rebound as the Bitcoin (BTC) price surged past the $59,000 level. In addition, the Ethereum (ETH) price attained the $3,000 mark, losing hold on a crucial level. Moreover, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also recovered significantly. Major Crypto Prices Today 1. Bitcoin Price […]

MicroStrategy executive chairman Michael Saylor has made a bold statement against Ethereum stating that the world’s largest altcoin is a crypto asset security and not a commodity. His comments regarding ETH came on Thursday, May 2, while speaking at the MicroStrategy World 2024 conference. Michael Saylor Attacks ETH In addition to attacking Ethereum and calling […]

Block Inc., the former Square, which is owned by Jack Dorsey, has declared that it will reinvest 10% of its Bitcoin-related gross profits into Bitcoin. This step is part of the new company’s policy to get more involved into cryptocurrency, demonstrating the company’s faith in Bitcoin’s value as a basic digital currency. On May 2, […]

Tether, the issuer of the stablecoin USDT, has entered into a partnership with blockchain data platform Chainalysis. This partnership is meant to strengthen the surveillance of transactions with Tether tokens, with special emphasis on the detection and diminishing of dangers that are related to illegal activities and sanctions violations. This action is part of Tether’s […]

Cryptocurrency exchange Coinbase reported better than anticipated earnings in Q1 2024 as crypto assets and wider market sentiments soared. The largest crypto exchange in the United States released its Q1 results today with figures beating the most projected number from analysts. According to the release, Coinbase revenues more than doubled to $1.58 billion above the […]

zkSNACKs, the developer behind the Bitcoin privacy-focused Wasabi Wallet, is ceasing its coinjoin coordination service in the United States. The implementation is effective from June 1st, 2024. The company announced this on its blogpost. CoinJoin and zkSNACKs’ Decision The company’s decision is prompted by the regulatory environment which necessitated the reassessment of its effort to […]

Investors continue to rebalance their portfolios, with some targeting crypto to sell in May, especially after the bleeding witnessed this week. Bitcoin extended the correction to $56,500 on Wednesday amid the FOMC meeting, which left interest rates unchanged. With inflation stubbornly rising in the US and across major economies, a narrow focus to crypto investing […]

Ripple Labs Inc. has ramped up its court fight with the US Securities and Exchange Commission (SEC) by submitting a lengthy letter to substantiate its motion initially made on April 22, 2024. This motion seeks to eliminate the expert testimony submitted by the SEC that Ripple considers inappropriate. The action by Ripple follows the SEC’s […]

Investment asset management firm Franklin Templeton published a report detailing Solana’s (SOL) accelerated adoption over some time. With the validation from the firm, Solana has jumped by more than 9% to $138.46. Franklin Templeton Lauds the Solana Resilience Solana’s survival and resilience after the unfortunate implosion of the FTX cryptocurrency exchange were identified. The cryptocurrency […]

Crypto VC investments plummeted in April after previous upticks with the wider market sentiment. Statistics from RootData show a decline in the number of crypto VC projects in the first month of the second quarter despite previous bullish projections.  According to the source, April saw a 13.4% decking in VC numbers with funds moving to […]