In the midst of a turbulent global market, cryptocurrency enthusiasts woke up to a surprising surge in the price of ENA, the governance token of the Ethena ecosystem. The crypto market has recorded a decrease of 0.84% in its crypto market cap to reach $2.31 trillion. Bitcoin and Ethereum, leading cryptocurrencies are feeling the heat, […]
Ripple Vs SEC Update: Lawyers Analyze SEC’s Final Reply In Remedies Phase
The discussions on the Ripple Vs. SEC lawsuit has intensified as the SEC has filed its redacted remedies reply brief as well as supporting briefs with the court. Notably, a prominent lawyer in the crypto space, James K. Filan has shared the update, sparking discussions in the crypto market. So, let’s take a look at the reply brief of the SEC and see […]
Mastercard Collaborates Major US Banks To Test Tokenized Asset Settlement
Mastercard Inc. has embarked on a groundbreaking collaboration with some of the largest US banks to test shared-ledger technology aimed at facilitating the common settlement of tokenized assets. These assets include commercial-bank money, Treasury securities, and investment-grade debt securities. Referred to as the Regulated Settlement Network proof-of-concept, the initiative aims to simulate transactions in dollars. […]
Ethereum ETF: Why Is Grayscale Dropping ETH Futures Application?
Grayscale Investments has sent shockwaves through the industry by dropping its application for the Ethereum Futures ETF. While the organization hasn’t opened up on the reason for its decision, the crypto community has weighed in their opinion. Moreover, Fox Journalist Eleanor Terrett has revealed potential reasons for the withdrawal of Grayscale’s Ether Futures ETF. Why […]
Crypto Exchange Coincheck Eyes Wall Street Debut With SPAC Merger
The leading Japanese crypto exchange, Coincheck, is gearing up for a significant milestone as it plans to make its debut on Wall Street through a special purpose acquisition company (SPAC) merger. Notably, the move signifies Coincheck’s ambition to expand its presence beyond Japan and tap into the tech-savvy investor base of the Nasdaq exchange. So, let’s explore the details […]
Here’s How FTX Will Use Surplus Cash to Repay Bankruptcy Victims
As per the latest reports, bankrupt crypto exchange FTX has amassed several billion dollars more than it needs to repay its customers after the FTX collapse back in November 2022. FTX To Use Extra Cash to Repay Its 2 Million Customers In a filing submitted on Tuesday, restructuring advisors outlined additional information regarding their plan […]
Bybit Partnership Boosts Ethena (ENA) Price Target Amid High Trader Activity
Amid its recent partnership announcement with Bybit, the Ethena (ENA) price surged all the way to $1.0 earlier today. As of press time, ENA is trading 4% up at $0.902 with a market cap of $1.37 billion and daily trading volumes surging by a staggering 45% to $632 million. Ethena Partners With Bybit On Tuesday, […]
Top Reasons Why the Crypto Market Is Down
The fall of overall trading volume to $63.63B indicates a slow crypto market, but the rest of the factors also indicate the same. The TV has declined 17% in just a day, and the overall crypto market cap has dropped to $2.3 Trillion. Along with that, the fear and greed index has also shifted away from […]
Top Crypto Losers Today
The global cryptocurrency market is experiencing a slight crash by 0.84% to record $2.31 trillion in market cap today. This has seen many digital assets witnessing red charts and reporting losses over the past day, with leading cryptocurrencies such as Bitcoin and Ethereum falling victims too. Four cryptocurrencies are at the forefront of today’s crypto […]
Ethereum Price: Whales Move 150K Coins Amid ETH Retreat, What’s Next?
Ethereum (ETH), the second largest cryptocurrency by global market cap, has once again turned heads across the broader crypto market. With a highly turbulent price action illustrated in the past 24 hours, the token appears to have ignited a flurry of whale activity, per on-chain data hovering over the crypto horizon. Over 150,000 ETH tokens […]