The US 2024 elections are just around the corner and every financial market, including that of crypto, is watching in anticipation. In the latest development, in six of the seven crucial swing states President Joe Biden has overtaken Republican Donald Trump. Bloomberg in its report highlights that according to a poll conducted by them,  democrats […]

The United States House Financial Services Committee and the House Agriculture Committee have written to the Securities and Exchange Commission (SEC) to clarify its position on Prometheum’s plans to offer custody services for the cryptocurrency Ether (ETH). The letter, addressed to SEC Chair Gary Gensler, emphasizes the immediate need for the SEC to clarify where […]

American cryptocurrency exchange Coinbase is introducing more functionalities to its Layer-2 protocol Base Network, a feature that includes the storage of its user’s USDC balance.  Exchange Hints Base’s New Functionality Max Branzburg, Vice President, Head of Consumer Products at Coinbase took to X to announce the next step that the company is taking with regards […]

Dogwifhat price analysis, WIF, a meme coin based on the Solana blockchain, has recently experienced a remarkable surge in its market value. Over the last day, its price vaulted over the $3 threshold, demonstrating a strong upward momentum. Presently, Dogwifhat price stands at $3.18. This represents an impressive 22% climb, positioning Dogwifhat as the top […]

Short trader bets against crypto stocks have hit $11 billion amid the rise in the cryptocurrency market this week. The total amount against crypto stocks this year continues to rise despite the upturn in the market, Bloomberg reported.  Crypto stocks are assets that companies that have significant exposure to Bitcoin, other cryptocurrencies, or blockchain technology […]

The Commodity Futures Trading Commission (CFTC) has complained about the entities that own KuCoin. The allegation calls attention to the illegal transactions involved in off-exchange commodity futures activities. KuCoin is said to have been employed in soliciting and accepting orders of different commodity transactions without CFTC registration. This action highlights the intention of the regulatory […]

Chainlink Price: During the recent downturn in the cryptocurrency market that saw the Bitcoin price drop to $60,000, Chainlink’s price exhibited pronounced volatility, as shown by the significant price fluctuations captured in the daily chart. This consolidation since early February reflected the clear dominance of buyers or sellers. However, amid the current market recovery, the […]

Blockchain infrastructure service provider Ankr has unleashed a new AI product as it joined the bandwagon of Artificial Intelligence pioneers. Ankr Neura AI to Solve Startup’s Challenges The news of the upcoming launch of the product dubbed Neura was announced at a time when more blockchain entities are diving into the ecosystem, marking a significant […]

Crypto venture capital funding saw a sliding trajectory even through the last quarter of 2023. Despite Bitcoin prices soaring during the period, investment in the crypto space took a fall. Bloomberg in its report highlights that the main reason behind the fall could be crypto venture capitalists not falling prey to the hype around the […]

KuCoin, one of the prominent cryptocurrency exchanges, finds itself under scrutiny due to recent actions taken by the United States Department of Justice (DoJ). Allegations have been made against KuCoin and its co-founders, Chun Gan and Ke Tang, regarding their operation of the exchange. In response to these developments, KuCoin has issued a statement addressing […]