Horst Jicha, the CEO of USI Tech, is facing severe charges for orchestrating a fraudulent scheme that deceived investors out of $150 million. Jicha, a 64-year-old German national, was arrested in December, marking a significant turn in a saga that began in 2018 with cease and desist letters from U.S. and Canadian regulators.  Promises Too […]

XRP price recently entered a bearish phase, falling to sweep fresh liquidity over the past day. This shift indicates a stronger bearish presence in the market, especially noticeable in the last week. Despite these fluctuations, optimism remains for XRP’s short-term performance. Over the past 24 hours, the cryptocurrency market has observed a notable decline in […]

The rise of TrueUSD (TUSD) as a stablecoin has seen many card providers integrate the token as a part of their services. In one such partnership, Bit.Store on Friday announced a new collaboration with TUSD. The Berlin-based crypto card provider will now integrate TUSD as a tradable cryptocurrency for its card recharge. Bit.Store to offer […]

Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by the broader market’s uncertainty, especially around the Bitcoin ETF launch. From a recent high of $0.677, the ADA price has fallen by approximately 30%, currently trading around $0.497. Despite this downturn, there is a silver lining: […]

Amidst the growing popularity and adoption of Artificial Intelligence (AI), two scientists from Google DeepMind are considering breaking out to create their own AI firm. Google DeepMind Experts in Search of Funding At the moment, these Alphabet Inc. technology experts are engaging investors, telling them about their plans and the modalities to set up an […]

The U.S. Court of Appeals in Philadelphia has mandated the appointment of an independent examiner to scrutinize the downfall of FTX, the once-dominant cryptocurrency exchange. This decision, overturning a prior ruling, underscores the profound impact of FTX’s collapse on investors and the broader crypto industry. This decision, overturning a previous ruling, comes amid the ongoing […]

Reddit is all set to go for a stock debut, according to reports by Reuters. However, the much-delayed initial public offering (IPO) for the social media platform has created all sorts of speculations around its date, valuation, stock price, and everything else. Here is all you need to know about Reddit’s upcoming IPO. When will […]

Binance.US Interim CEO Norman Reed has openly criticized the Securities and Exchange Commission’s (SEC) approach to regulating digital assets. In a recent op-ed for Fortune, Reed, leveraging his experience as a former SEC employee, expressed his concerns about the agency’s strategy, which he believes deviates from its core principles and potentially harms the US economy. […]

Solana Price Prediction: For nearly a month, the 4th largest cryptocurrency Solana(SOL) has been under a correction trend partially attributed to the uncertainty surrounding the newly launched Bitcoin ETF. In our previous analysis, we market this downfall as the formation of a Flag pattern, commonly observed in an established uptrend. However, the buyers’ attempt to […]

Leading cryptocurrency exchange Binance and the United States Securities and Exchange Commission (SEC) will not be having their hearing as earlier scheduled due to a snowstorm in the region. The Binance Hearing Postponed The U.S. securities regulator sued Binance on June 5, 2023 for some offences including operating in the U.S. illegally and misleading customers. […]