The token powering the seventh-largest cryptocurrency ecosystem by market capitalization, XRP price, saw its plans of reaching $1 in March go up in flames as cryptocurrencies generally corrected from their recent highs. XRP plunged from $0.7484 — the highest level achieved in 2024 to $0.5689 in tandem with Bitcoin’s dive to near $60,000. Ethereum also bled profusely, falling from […]
Solana’s 68% Monthly Gain Tests Correction Waters
Solana (SOL) has recorded a bullish drive in recent months as the wider cryptocurrency market activity surged. The community dubbed ETH killer soared following a memecoin frenzy, wider market gains, institutional inflows to investment products, and the wider market uptick. However, in the last 24 hours, Solana has plummeted 6.22% amid ongoing cryptocurrency liquidations. Solana […]
Cardano Founder Sees 1000x Computing Leap by 2030
According to the Cardano founder Charles Hoskinson, 2030 we may expect enhanced computational capabilities. His prediction suggests that standard gaming PCs will run models with 1,000 times the power of today’s leading AI, Mixtral. While this forecast has originated from high-performance hardware and model training, the database itself requires a powerful CPU to run. Hoskinson […]
Pepe Coin Price Sees 15% Jump Ahead of Key Breakout
The recent correction trend in the crypto market has been harsh on meme cryptocurrency as even the top assets like Dogecoin, Shiba Inu, Pepe coin, Bonk, and Floki witnessed a notable downturn. Within two weeks, a majority of these coins evaporated half of their gains obtained during the February-March rally, seeking support at a previously […]
Spot Ethereum ETF: Approval Odds Drop As SEC Eyes Securities Tag
While applicants await a decision from the United States Securities and Exchange Commission (SEC) on spot Ethereum ETF, the agency is reportedly intensifying efforts to classify the underlying cryptocurrency, Ether as a security. The Alleged Ethereum Foundation Probe According to a Fortune Report, some U.S. companies have been subpoenaed by the SEC about an investigation […]
UK Woman Convicted in $6 Billion Bitcoin Laundering Case
A UK court has found a woman guilty of laundering massive sums of Bitcoin, linked to an investment fraud originating from China, estimated at nearly $6 billion. Charges of Bitcoin Laundering The convict of this case is Jian Wen, a 42-year-old British national, who is being charged with being a part of a scheme that […]
Breaking: Ethereum Foundation Under Investigation By A State Authority
The Ethereum Foundation is reportedly under investigation by a State Authority, a new update disclosed through the protocol’s GitHub repository. The Unclear Inquiry Into Ethereum Foundation According to the GitHub update, the disclosure of the inquiry was made weeks ago, marking the first time any State Authority will be issuing such a probe into the […]
French Authorities Slap Google With IP Violation Fine
Google has agreed to pay a fine imposed by the French government’s competition authority. The decision resulted from a breach of European Union intellectual property laws. The debate is focused on Google’s AI service, which was formerly dubbed Bard and is now known as Gemini. It is accused of using content without authorized permission from […]
QCP Market Projects New Highs For Bitcoin Amid Liquidity Rotation
Bitcoin inflows recorded in recent weeks have spurred analysts to project wider market gains on the heels of upcoming events. Based on recent inflows to the leading cryptocurrency, a new market update from crypto trading firm QCP Capital predicts larger market activity post-halving. According to the analysis, the firm hinted the markets are at the […]
Breaking: Kraken Launches Custody Service In New Diversification Play
Kraken, one of the leading cryptocurrency exchanges, has unveiled its Qualified Custody Solution tailored for the US market. As unveiled, Kraken Financial holds all reserve deposits, which makes it the most suitable service provider for Kraken Institutional to offer qualified custody. What the New Kraken Custody Solution Offers With the increasing interest from institutional investors […]