Market News

A wave of optimism has swept through the Shiba Inu community as the native cryptocurrency’s burn rate experienced a sharp spike. Data from the Shibburn tracker indicates that the SHIB...

The Office of the Privacy Commissioner for Personal Data (PCPD) has determined that Worldcoin’s activities in Hong Kong violated the city’s Privacy Ordinance. Privacy Commissioner Chung Liling has issued an...

On this day in 2010, Laszlo Hanyecz, a Florida-based software developer, etched his name in history by purchasing two pizzas with 10,000 Bitcoin (BTC). This marked the first documented commercial...

Geoff Kendrick, the Head of FX Research and Digital Assets Research at Standard Chartered, has predicted a new all-time high (ATH) for Bitcoin by the coming weekend. Kendrick noted in...

In the wake of the FTX crypto empire’s collapse, U.S. prosecutors are seeking a 5- to 7-year prison sentence for former executive Ryan Salame. Salame has pleaded guilty to his...

The spot Bitcoin ETF market continued its strong performance with $306 million net inflow on Tuesday, May 21. With this milestone, the spot Bitcoin ETF achieved a consecutive net inflow...

Ethereum co-founder Joe Lubin has warned of a potential scarcity in the Ether (ETH) supply following the launch of the Spot Ether ETF. While anticipation of the ETF launch grows,...

As the May 23 deadline for the first proposed spot Ether ETF approaches, the fate of such financial products hangs in the balance. Notably, VanEck’s proposal leads the pack, and...

Donald Trump, the Republican candidate for the 2024 US Presidential Election, has promised to build a “crypto army” and announced the acceptance of cryptocurrency donations. During his presidential campaign event...

Investment management giant VanEck saw its spot Ethereum ETF make its way onto the Depository Trust and Clearing Corporation’s (DTCC) list of ETFs. The DTCC, an American financial market infrastructure...

In a significant development, the global payments platform Ripple has joined forces with tech giants like Coinbase, Meta, Kraken, and Gemini to combat the rise of online scams. Ripple CEO...

Fidelity has revised its S-1 application to the SEC for its spot Ethereum ETF proposal. The amended application submitted close to the May 23 deadline opposes the staking of ETF’s...

Standard Chartered, a renowned financial institution, has upheld its projection of Ethereum hitting $8,000 by year-end. It anticipates the approval of Ethereum ETFs in the coming weeks. Geoff Kendrick, the...

Ether’s open interest futures on centralized exchanges (CEX) have surpassed their previous highs, reflecting increased trading volume. Open interest (OI) measures the aggregated number of open positions in a particular...

In a landmark victory for defrauded investors, New York Attorney General Letitia James has announced a $2 billion settlement with the bankrupt cryptocurrency firm Genesis Global Capital and its subsidiaries....

Justin Sun, the founder of Tron, has emerged as a major holder of Ethereum (ETH), accumulating a significant stake valued at approximately $2.45 billion. This sizable portfolio, totaling 665,000 ETH,...

In a court filing submitted on May 20, the SEC partially contested Ripple Labs Inc.’s motion to seal and redact certain documents related to the ongoing lawsuit. The SEC specifically...

In a significant development, Ethereum, the second-largest cryptocurrency by market capitalization, has eclipsed the market valuation of Mastercard, a global leader in payment processing. According to recent data, Mastercard’s market...

Lookonchain, an on-chain analytics platform, has identified significant insider selling activity affecting the MEMEcoin ($MAGA) on the Ethereum blockchain. According to their report, an insider utilized 22 separate wallets to...

Yuga Labs, the team behind the popular Bored Ape Yacht Club (BAYC) collection, has announced a collaboration with the renowned New York-based artist, Nina Chanel. In a recent post, Yuga...

Avalanche (AVAX) has been experiencing a significant upswing over the past 24 hours, with support established at $35.74. The bullish trend propelled AVAX’s price to a 30-day high of $41.06...

Haseeb Quraishi, a prominent figure in the cryptocurrency community, has predicted that US President Biden will adopt a more lenient stance on cryptocurrencies as the 2024 election approaches. This prediction...

Vitalik Buterin, co-founder of Ethereum, recently called for the development of a standardized decentralized protocol to facilitate smoother asset transfers across Layer 2 (L2) solutions within the Ethereum ecosystem. In...

Prominent crypto trader James Fickel engaged in a recent transaction that suggests a bullish outlook on Ethereum compared to Bitcoin. The move has fueled speculation about Fickel’s optimism regarding the...

Two senior House Democrats, Representatives Maxine Waters and David Scott, have voiced opposition to the Financial Innovation and Technology for the 21st Century Act (FIT21). In emails to fellow Democrats,...