Binance, recognized as one of the leading cryptocurrency exchanges globally, has made a significant announcement regarding the addition of new trading pairs denominated in Japanese yen (JPY). Starting from the 12th of March 2024, at 08:00 (UTC), users will have the opportunity to trade popular cryptocurrencies such as BNB/JPY, BTC/JPY, and ETH/JPY directly on the […]
Shiba Inu’s Shib Name Service Officially Launched, Here’s Everything
Shiba Inu, one of the most popular meme coins trading within the cryptocurrency realm, recently echoed a sense of frenzy throughout the broader crypto market on Thursday, March 7, as the meme coin’s lead developer spotlighted the much-awaited launch of the Shib name service. Coming as a result of Shiba Inu’s partnership with D3 Inc., […]
Ethereum Funding Rate Sees Major Uptick, ETH Price Gearing for Strong Rally
The world’s second-largest cryptocurrency Ethereum (ETH) continues on a strong ride upside gaining another 7% and moving closer to $3,900. As of press time, the Ethereum price is trading at $3,775 with its market cap crossing $45o billion. Ethereum Funding Rates on the Rise A recent surge in ETH price demonstrates renewed faith among investors […]
Microsoft Employee Raises Concern over AI System’s “Offensive Image” Creation
AI’s legitimacy and safety have again come under fire as Microsoft’s artificial intelligence system comes under question. According to a CNN report, an employee of Microsoft made allegations about the company’s AI system creating “offensive images”. The allegations come at a time when Microsoft’s peer Google has also faced scrutiny over inappropriate image generation via […]
Michael Saylor Hails Success of New Bitcoin ETFs
In a recent statement at the Madeira Bitcoin conference, Michael Saylor, CEO of MicroStrategy, lauded the unexpected success of the newly launched Bitcoin Exchange-Traded Funds (ETFs) by BlackRock and Fidelity. According to Saylor, these financial instruments have not only outperformed expectations but are also beginning to challenge the dominance of traditional ETFs, including those tracking […]
CFTC Chair Urges Congress to Pass Crypto Regulation Legislation
In a recent address to lawmakers, Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), emphasized the critical need for legislative action to regulate the burgeoning cryptocurrency market. As digital assets like Bitcoin experience significant value increases, Behnam advocates for the passage of the Financial Innovation and Technology for the 21st Century Act, […]
New York Community Bancorp (NYCB) To Avert Crisis With $1B Deal
In a bid to salvage its distressed situation, New York Community Bank (NYCB) has agreed to a $1 billion deal with a couple of investors. The New York Community Bank Crisis The last few weeks came with a lot of pressure for New York Community Bank as its shares is known to historically fall significantly […]
US Fed Rate Cuts: Crypto Markets Gauge Uncertainty With Mixed Signals
Crypto markets are bracing for impact as the Fed’s mixed signals are making it difficult to navigate the rate cut trajectory. Fed chair Jerome Powell in a testimony predicted that rate cuts would happen this year however, reiterated that the Fed would gauge the inflation rate before finally deciding to cut rates. With the looming […]
Is Dogwifhat Price Heading to $2.5? Whale Accumulation Hints WIF’s Peak is Yet to Come
Dogwifhat Price: The meme cryptocurrency has emerged as a high-performance sector in the last two weeks as assets like Shiba Inu, Dogecoin, Pepe coin, and Dogwifhat have showcased triple-digital gains. Despite the recent sell-off in the broader market, these managed an immediate rebound to display sustainability at higher prices. Will the recovery momentum push the […]
Solana Price Forecast: Is $200 Imminent, With WIF’s Rally Reinforcing SOL Bullish Trend?
Solana price forecast: SOL has witnessed an impressive surge in its value, showcasing a robust performance in the cryptocurrency market. Since October, the value of SOL Coin has skyrocketed, registering an increase of more than 500%, indicating a bullish trend. Despite this remarkable growth, Solana’s price has slightly adjusted downwards by 3% over the last […]