Market News

Bitcoin has soared 14% since the crash to $56.6K, reclaiming the $64K channel. An analyst said $67.5K re-entry sets the path to new ATH in the $83.5K level. Where the...

Hayden Adams stressed the importance of treating tokens as more than mere points. He condemned the “farming the farmers” practice, where projects artificially hype token distribution to boost numbers. Adams’...

Coinbase is sued in a class action, claiming its token sales violate securities laws. The lawsuit questions Coinbase’s decade-long legality of its business model. The outcome of Coinbase’s ongoing SEC...

David Palmer underscored the importance of leveraging SIM card technology for blockchain integration. Existing Reports show that 8 billion mobile devices will be in use by 2030. Digital wallets on...

According to Manuel Nordeste, vice president at Fidelity Digital Assets, defined benefit plans and other pension funds have started talking to their investment committees about crypto assets. Nordeste made the...

The U.S. Bitcoin spot exchange-traded fund (ETF) has witnessed the first positive fund flow after seven consecutive days of trading with negative flow. More remarkable, Grayscale’s Bitcoin Trust (GBTC) recorded...

A recent press release revealed that a Federal grand jury charged three former executives of Cred LLC, a San Francisco-based financial services firm that filed for Chapter 11 bankruptcy in...

Several crypto users have decried the unprecedented drop in the price of the recently launched FRIEND token of the blockchain SocialFi project friend.tech. Most users involved in the project’s airdrop...

Russian national Alexander Vinnik has admitted to participating in a crypto-related money laundering scheme, U.S. prosecutors disclosed. Vinnik admitted his involvement with BTC-e, one of the biggest Bitcoin exchanges active...

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...