The crypto market saw massive drop in trading volumes in spot and derivatives crypto exchanges on macroeconomic jitters. Fed officials turned hawkish and warned that interest rates are likely to stay higher for longer. However, large whales have accumulated Bitcoin worth $941 million over the past 24 hours as BTC price fell. Bitcoin Whales Buys […]

Stylus, the MultiVM solution designed by Ethereum layer-2 (L2) scaling solution Arbitrum just received a new facelift. Arbitrum Stylus welcomed the Giga Update on the mainnet as it plots a new era of enhanced functionalities. Benefits of Arbitrum Stylus Update According to the Arbitrum protocol, the Stylus Giga Update comes with 2 – 4x cheaper […]

Render Price Prediction: During the early May recovery phase in the crypto market, the Render stood out as one of the top performers. The altcoin rebounded from combined support of $0.7 and a 50% retracement level propelled the asset value by 55% to hit a high of $10.85. A closer examination of the daily chart […]

Terra Luna Classic community saw massive LUNC burns with wallet-to-wallet transactions on Wednesday, bringing the total daily LUNC burn to over 275 million. The transactions sparked buzz in the community as someone moved billions of LUNC tokens to burn more than 222 million LUNC with burn tax. Binance Burned 222 Million LUNC? 16 wallet-to-wallet transactions […]

Nethermind, an Ethereum Client, has just declared its participation in NEAR Protocol’s Fast Finality Layer (NFFL) initiative. This union comes at a crucial time for decentralized applications (dApps) and smart contracts when the blockchain industry is experiencing a rollup in Layer 2 user adoption in the Ethereum network. Nevertheless, though promising advances in scalability and […]

Tron Price Prediction: The cryptocurrency market has experienced a slight slowdown in its recovery pace, as Bitcoin, the leading digital currency, retreated from the $65,000 resistance level. This overhead supply pressure prompted a fresh correction among several altcoins. However, the TRON coin price displayed significant resilience, maintaining its position above the $0.118 support level.  A […]

The Cedar Innovation Foundation (CIF), a non-profit organization that educates people about cryptocurrencies, has launched a Freedom of Information Act (FOIA) request for the detailed exchanges between the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and its Enforcement Director Gurbir Grewal in DEBT Box Case. CIF Seeks Details on How SEC Officials Handled […]

Bitcoin price analysis: The cryptocurrency market deals with forces internally and externally. On top of the global hiking inflation levels, regulatory pressure, especially from the United States, threatens to suppress prices. Despite fighting to recover from the post-halving correction to $56,500, Bitcoin (BTC) is heavily weighed down, holding firmly to support at $62,000 on Wednesday. […]

Several United States legislators look to repeal the Securities and Exchange Commission (SEC) Staff Accounting Bulletin (SAB) 121, making it harder for traditional firms to offer crypto custody services.  In 2022, the SEC rolled out a new staff accounting bulletin requiring firms seeking to offer crypto services to hold assets on their balance sheet. This […]

Ripple XRP News: The U.S. Securities and Exchange Commission’s reasons for arguing injunctions and disgorgement are weak and Judge Torres can deny the SEC’s argument that institutional investors suffered pecuniary harm, stated lawyer James Murphy, known as MetaLawMan by the XRP army. Why SEC Argument on Disgorgement Is Weak Pro-XRP lawyer James Murphy in a […]