The United States Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of the VanEck spot Ethereum ETF. This move extends the timeline for a verdict until May 23, 2024. The delay comes on the back of a number of postponements relating to other Ethereum-based ETF applications, with those […]

Gala price analysis: Gala, the token powering the Gala Games ecosystem, has witnessed an impressive uptick in its value over the previous month. This surge propelled the token past the $0.080 benchmark, culminating in a dramatic 90% increase.  However, this positive momentum was short-lived, giving way to a swift market adjustment in recent days. As […]

The Federal Reserve (Fed) has decided to keep interest rates steady. This decision leaves the benchmark overnight interest rate in the 5.25% to 5.50% range. The Federal Reserve’s decision comes after a two-year period of aggressive monetary policy tightening. This was in response to a significant inflation surge, reaching a 40-year peak. The central bank’s […]

Over the past two weeks, the crypto market has witnessed a notable downturn following the lead of Bitcoin price which recently plunged below $65000. While the aggressive selling price sparked a correction phase in most major coins. The Avalanche coin price shows notable resilience above $50 psychological support. Will this demand pressure trigger a fresh […]

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 (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 […]

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 […]

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 […]

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 […]

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 […]