Market News

The meme coin sector recently witnessed Shiba Inu grabbing attention again as its burn rate soared by over 5500%. On May 10, the Shibburn tracker reported that approximately 26 million...

Dogwifhat (WIF), a Solana-based token inspired by a dog meme wearing a pink knitted cap, has surprised the market. Despite a bearish month for cryptocurrencies, WIF’s valuation defies gravity, soaring...

BlockFi, the now-bankrupt digital asset lender, has announced adopting Coinbase as a distribution partner. In a recent blog post, the former crypto platform noted that working with Coinbase will ensure...

Kraken, a United States-based cryptocurrency exchange, has filed a motion asking the court to dismiss a case filed against it by the U.S. Securities and Exchange Commission (SEC). According to...

In a move signaling confidence in the future of Telegram’s blockchain network, Pantera Capital, a leading venture capital firm specializing in blockchain technology announced its largest ever investment in TON....

As per Bloomberg report, the commencement speech at THE Ohio State University took a controversial twist as crypto entrepreneur Chris Pan’s remarks on Bitcoin were met with boos and jeers...

Jack Dorsey, the former CEO of Twitter, reiterated his bullish perspective on Bitcoin (BTC), forecasting that the pioneer cryptocurrency could reach $1 million by 2030. He added that Bitcoin could...

Neel Somani, the founder of Eclipse, Ethereum’s fastest L2 solution powered by the Solana Virtual Machine, focused on privacy, security, and decentralization, has faced allegations of misconduct, ranging from inappropriate...

Canada’s financial crime watchdog, the Financial Transactions and Reports Analysis Centre (FINTRAC), has fined Binance, the world’s largest cryptocurrency exchange by trading volume, a hefty penalty of 6 million Canadian...

Base, a relatively new Ethereum Layer 2 network launched by Coinbase, has seen increasing adoption driven by the rise of SocialFi (Social Finance) applications and the growth of Base memecoins....

SBI VC, a foremost cryptocurrency exchange operator in Japan, has announced that it will begin operating nodes as a validator on the XRP ledger from May 10, 2024. According to...

In a recent study, Deutsche Bank Research analysts concluded that most stablecoins failed, with only 14% surviving. Raising concerns regarding the future of stablecoins, the researchers posited, “Some may survive,...

Floki, a dog-themed meme coin, is making its mark on the sports arena by securing sponsorship for an upcoming three-match cricket series between Ireland and Pakistan, slated to kick off...

Elon Musk’s artificial intelligence startup, X.AI Corp., is on the brink of finalizing its funding round at a staggering valuation of approximately $18 billion, sources familiar with the matter revealed....

The SEC’s intense legalistic activity targeting both large and small, has become a prominent feature of the regulatory landscape. Recently, Robinhood found itself in the crosshairs of the U.S. Securities...

Near Protocol’s recent cryptic X posts from its official account have sparked speculation and concern within the crypto community. The posts, which include messages like “Darkness is coming” and “reclaim...

A prominent crypto user identified as Mr. Huber on X has engaged an XRP critic in a debate. Point by point, Mr. Huber attempted to debunk the points raised by...

A Hong Kong businessman and his son were arrested in the investigation of a cryptocurrency investor’s abduction. The pair, aged 70 and 30 respectively, surrendered to police on Wednesday afternoon...

Renowned crypto lawyer Bill Morgan has questioned the claim that Ripple’s ODL agreement satisfies the Howey Test. In a recent post on X, the prominent crypto personality shared his findings...

A prominent crypto analytics platform, 10x Research, recently warned against an impending bear market driven by the $2 billion token unlocks in the upcoming days. The platform asserted that the...

The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that...

Jeo Boden (BODEN), a memecoin created from a misspelling of U.S. President Joe Biden’s name, skyrocketed in the past 24 hours after presidential candidate Donald Trump recognized the digital asset...

In April, the crypto market saw its trading volume dip for the first time in seven months. CCData, a digital assets data firm, reported that the combined volume across spot...

MarketVector, a subsidiary of VanEck, has introduced the Meme Coin Index (MEMECOIN). This index tracks the performance of six major meme coins, including Dogecoin, Shiba Inu, Pepe, dogwifhat, Floki Inu,...

Creditor activist Sunil Kavuri has voiced strong opposition to the proposed plan of FTX to compensate the defrauded customers of the fallen crypto exchange. Kavur took to X to outline...