MicroStrategy (MSTR) shares have plunged by about 9.07% to $1,735.74, a drop that might be a reaction to the stock short position from investment asset management firm Kerrisdale Capital Kerrisdale Capital Shorts MicroStrategy, Longs Bitcoin On Thursday, Kerrisdale Capital revealed its plans to short-sell its MSTR stock and bet long on the leading cryptocurrency by […]
Crypto Losses in Q1 2024 Present a 23% Decrease, Signal Positive Growth
Crypto losses have gone down significantly in the first quarter of 2024, according to a research published by Immunefi. This comes after hacks and losses decreased throughout 2023, after hitting an all time high in 2024. However, hacks still remain a prominent issue for many in the market. Crypto Losses Topple in First Quarter According […]
Circle USDC Set to Transform zkSync Transactions
Circle has officially announced the integration of its USDC stablecoin with the zkSync ecosystem. This step is expected to change the liquidity and usability within zkSync, a layer 2 scaling solution to Ethereum that uses zero-knowledge proofs for better performance improvement and cost cut. The integration defines a remarkable move in the crypto world. It […]
Ripple Partner HSBC Indicted for Naked Shorting in South Korea
Criminal charges have been brought against HSBC, one of the leading world investment banks, together with three of its traders by South Korean prosecutors. This represents a major development as HSBC, an associate of Ripple through its partnership with tech firm Metaco, is accused of illegal naked short selling, and the allegations amount to 15.8 […]
2 Veteran Meme Coins To Change The Outlook of $1000 Crypto Portfolio
Bitcoin price is settling above the $70,000 mark almost two weeks after dropping to test $60,000 support. The halving in April is helping to keep the crypto market steady, with BTC likely to rise to a new all-time high, targeting the $80,000 level pre-halving. In addition to booking early positions in Bitcoin, investors are also […]
Ripple Legal Woes Could Drain XRP Holders, Expert Claims
Charles Gasparino, a Fox Business reporter, has issued a warning to XRP holders. He suggests that Ripple’s ongoing legal challenges could affect their wealth. As per Gasparino’s post on the X social network, XRP investors stand to suffer financial losses. He derives this from the uncertain victory of Ripple in the legal war against the […]
XRP Lawyer John Deaton Says SBF Deserves Harsher 50-Year Jail Term
Quite a number of observers including popular XRP lawyer John Deaton believe that Sam Bankman-Fried deserves more than the 25-year jail sentence that he just received. Was The Court Wrong With the Jail Term Handed to SBF? Earlier on Thursday, FTX founder and former CEO Sam Bankman-Fried was sentenced to 25 years in prison by […]
Binance Executive Sues Nigeria’s NSA Over Detention
Detained Binance executive Tigran Gambaryan has filed a lawsuit against Nigeria’s National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC). According to reports for local media outlets, Gambaryan sued the NSA on March 28 for an alleged violation of his fundamental human rights seeking five major reliefs from the court. This […]
Is It Too Late To Buy GALA As Gala Games Teams Up With Miracle Play To Advance eSports?
The bullish outlook in Bitcoin price is fast spreading to other crypto ecosystems like blockchain gaming and GALA, the token powering the popular Gala Games, is at the forefront. In the last 30 days, GALA price has grown by almost 100% to trade at $0.06715 during US business hours on Thursday. However, a 30% correction in the […]
Shiba Inu Coin Price Analysis As SHIB Burn Surges; Will It Reach $0.01 Amidst Bull Run?
Shiba Inu Coin price analysis: SHIB, the second-largest meme coin by market capitalization, has recently made waves in the crypto community, demonstrating a remarkable 24-hour value increase. SHIB price has been trading in an ascending trend, breaking through critical resistance levels and reaching new heights. At present, the Shiba Inu Coin price is trading at […]