Market News

Riot Platforms filed a lawsuit against Rhodium Enterprises claiming that the latter has failed to pay $26 million. Rhodium has been using Whinstone’s mining facilities since 2021 but didn’t pay...

Ripple accuses SEC of stretching the Howey test in the legal battle. Ripple’s Chief Legal Officer criticizes SEC’s stance on “common enterprise”. Attorneys attack SEC’s argument on XRP fungibility, comparing...

ZkSync has been outperforming Polygon in terms of TVL over the past few weeks. Since the launch of zkSync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing rapidly....

The meme token market has significantly declined from over $1B to $500M. Dogecoin took the worst hit hardest following the launch of PEPE. SHIB’s daily trading volume has not exceeded...

BTC hits a 10-month low in the number of spent outputs with a 1 to 2yrs lifespan. The metric suggests that long-term holders are selling or transferring their coins. Bitcoin...

A crypto investor withdrew 174 ETH and bought 2 trillion LADYS $0.0000001504. Later, the trader sold the memecoins just for 73.5 ETH at $0.00000006142. Lookonchain shared the details and warned...

Coinbase has tapped former US lawmakers for its newly unveiled Global Advisory Council. The crypto exchange launched the new council for guidance and expertise in tackling crypto regulation. The council...

X 3 founder Andrew spoke about Digital Currency Group (DCG) and Grayscale’s appearance in the political landscape in his tweet earlier today. In a recent update, Andrew shared that DCG...

Huobi and OKX, two of Binance’s biggest rivals in the crypto exchange market, have seen an increase in market share after the largest exchange, Binance, scaled back its zero-fee promotion,...

The CEO of JPMorgan Chase, which recently acquired the bankrupt First Republic Bank, has expressed concerns about potential difficulties for US banks in the event that the Federal Reserve implements...

Brad Sherman, the United States Congressman representing California’s 32nd Congressional District recently highlighted investors’ concerns with Grayscale Investments’ Grayscale Bitcoin Trust (GBTC). The Congressman also asked Gary Gensler, the Chairman...

Analyst CryptoKaleo predicts Ethereum price will drop to $1,600 before rallying toward $2,400. The price dip will represent a retest of the pre-LUNA/UST liquidation breakdown level. Similarly, the analyst expects...

Hacken’s Trust Army reviewed the tokenomics of 100 Web3 projects. Trust Army identified three main groups of projects based on token distribution transparency. The report shows that 16.5% of the...

Regolith announced an exclusive investment opportunity for its verified users to invest in DexCoyote. DexCoyote has issued 90,000 tokenized shares for sale at $1 per share. Sales will commence on...

In a recent tweet, crypto trader Jason Pizzino addressed a video by the analyst that goes by the name “Coin Bureau,” disagreeing with his definition of a “true bull market,”...

The recent surge in meme coin trends has put a spotlight on the issues in the Ethereum blockchain. A crypto influencer highlighted the inflated gas fees and network congestion following...

Crypto lawyer John Deaton believes that US regulatory paralysis has measurable impact in terms of jobs and investment lost. Congressman Patrick McHenry asserts that the SEC’s regulation by enforcement regime...

Terra co-founder Daniel Shin’s first hearing is set for May 26, 2023. The trial date comes after two failed attempts by local prosecutors to detain Shin. Shin has assembled a...

Milady Meme Coin (LADYS) debuted with a remarkable surge of 12,056%, gaining attention on Twitter Lookonchain reported an address created before Elon Musk’s tweet, obtaining 8 trillion LADYS tokens. SmartMoney...

The crypto community is up against Ben Armstrong, a famous crypto influencer known as Bitboy Crypto, over his recent announcement about joining the project team of the newly launched meme...

Cardano is currently operating at 94% of its maximum capacity. Cardano nodes do not prioritize transactions, processes transactions on a first-come-first-serve basis. During maximum congestion, users would have to wait...

Islamic coin ($ISLM), the native coin of the Haqq ecosystem, plans its public launch in 2023. Haqq is reported to be the world’s first ecosystem that abides by the principles...

Santiment tweeted yesterday that traders panicked and sold BTC recently. According to the firm, prices have historically risen when FUD words like “sell” and “bearish” have emerged. The PPI data...

The New York State Legislature introduced Assembly Bill 7024 authorizing stablecoins as a valid form of bail. The bill followed General Attorney Letitia James’ proposal for crypto regulations. The authority...

ParaSpace hack resulted in the loss of over 50% of user funds. The platform has recovered $5.4 million from the funds. ParaSpace removed the CEO’s admin access, but he has...