Market News

Justin Bons, the Founder of the crypto research platform Cyber Capital, criticized SUI’s centralized control, highlighting that almost 84% of the staked supply is under the control of its founders....

Increased activity in the ongoing case between the U.S. Securities and Exchange Commission (SEC) and Ripple triggered investors’ interest in XRP this week. The embattled altcoin experienced notable volatility, returning...

Hong Kong ETFs face challenges in matching the scale and dominance of US counterparts. Analysts project moderate inflows for Hong Kong’s ETFs, cautioning against unrealistic expectations. Hong Kong’s spot ETFs...

Ripple’s XRP has seen some notable fluctuations throughout April, ending the month with an 11.88% decline. However, a detailed analysis of recent market trends reveals a significant rebound over the...

MoonPay has taken a positive step in its cryptocurrency services, partnering with PayPal to facilitate crypto-fiat transactions for U.S. residents. With this integration, US-based users of the FinTech app can...

The cryptocurrency market has seen significant shifts in the past six months, with notable growth in the number of non-empty wallets across various top market caps. As per Santiment, a...

DOJ’s Crackdown on Privacy App Wasabi Wallet Raises Concerns About Financial Privacy in Digital Age. Privacy-focused Wasabi wallet has shut down its Coinjoin Coordination service. Naomi Brockwell, a cryptocurrency and...

Foremost crypto lawyer Bill Morgan thinks Ripple will lose its “Motion to Strike” filing in the ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). Morgan highlighted this in...

ZKSNACKS, the company pioneering the development of the Wasabi wallet, has announced it is shutting down its Coinjoin coordination service from June 1, 2024. In a recent report, the company...

In a move signaling strong confidence in Bitcoin and a commitment to its adoption, Jack Dorsey, co-founder of Twitter and CEO of Block, Inc., announced that Block will allocate 10%...

Prominent crypto trading platform ProBit Global has listed the Unify Platform Token (UPT), providing investors a gateway to support researchers and their endeavors. The Unify Platform team announced this milestone...

Michael Saylor, the Executive Chairman of MicroStrategy, the largest public holder of Bitcoin, spotted Bitcoin as the best crypto asset ever, with no other second-best asset. In a keynote address...

Prominent global crypto exchange KuCoin is rolling out its 27th Spotlight Token Sale, an initial exchange offering (IEO) that showcases Lifeform (LFT), an innovator in decentralized digital identity (DID) solutions....

Fantom, a Layer 1 blockchain network, has initiated establishing a “safer memecoin” space to become part of the vast $50 billion memecoin sector. The blockchain network plans to reserve $6.5...

In an official blog dated May 2, American hedge fund Pantera Capital announced its first investment in The Open Network (TON). Though the amount is undisclosed, the platform has shared...

Coinbase, the largest digital asset trading platform in the United States by trading volume, reported net income of $1.18 billion, or $4.40 per share, compared to a year-ago loss of...

Interest among Hong Kong bankers in Middle East opportunities grows. Bahrain-based Investcorp Holdings recently unveiled plans to launch a $1 billion fund. The favorable tax environment in the Middle East,...

On Monday, Uniswap, a major decentralized exchange (DEX), disclosed its new partnership with renowned crypto trading platform Robinhood. Robinhood announced this news on its X platform, saying, “Robinhood Connect is...

The XRP community anticipates that the U.S. SEC will submit a reply brief by May 6 in response to Ripple’s opposition to the regulator’s request for approximately $2 billion in...

A famous Bitcoin trader identified as Titan of Crypto on X has stated that the bull market is not over. In a recent post, the renowned trader used data from...

Whale Alert, a renowned blockchain tracker, identified a big movement of Shiba Inu (SHIB) meme currencies on the famous investment site Robinhood. Nearly two trillion SHIB tokens were moved to...

After a period of waning popularity in April, the memecoin sector appears to be experiencing a resurgence. This potential revival is fueled by a recent surge in activity on Pump.fun,...

Tether, the world’s leading stablecoin issuer, has reported a record-breaking return for Q1 2024. In a recently published Q1 2024 attestation report, the firm noted that its net profit hit...

Prosecutors in the United States are looking into the financial transactions at Twitter founder Jack Dorsey’s Block, the parent firm of Cash App and Square.  As per a NBC report,...

Securitize, a leading company in digitizing tangible assets, has raised $47 million in a funding cycle led by the most prominent asset manager, BlackRock. Securitize announced this development in an...