Market News

Eight states in the US are filing a lawsuit against crypto-lending platform Nexo. Nexo apparently offered customers interest-earning accounts without first registering them as securities. Moreover, the platform, allegedly, did...

SHIB currently holds the biggest token position by dollar value among ETH whales. Whales hold an average of 119,450,852,849 SHIB, worth $1,610,574. In terms of trade, BSC whales are more...

Binance decides to burn LUNC’s spot and margin trading fees. Changpeng Zhao posts a Twitter thread explaining exactly what they’re doing and why. LUNC surged 31.9% following the news. Regarding...

The interest in Bitcoin (BTC) on social platforms saw a huge spike. BTC is currently trading at $19,226.90 after a 0.74% increase in price. The RSI Indicator on the daily...

California governor, Gavin Newsom vetoed a crypto licensing and regulations bill on Friday. The bill will create a licensing regime for those looking to streamline crypto transactions. If the bill...

Voyager CFO Ashwin Prithipaul exists company after just four months. The crypto lender filed for bankruptcy back in July. FTX and Binance have made the highest bids on the lender’s...

DXY attempted a rise but was brought back down over the past 24 to 48 hours. BTC has outperformed all major indexes this week, only dropping less than 4%. It...

Environmental group report reveals that US bitcoin produces the same amount of carbon footprint as 6 million cars. Over 38% of global BTC mining is based in US producing 27.4...

IRS received authorization to issue a John Doe summons to M.Y. Safra Bank. The summons asks the bank to submit information about possible evasion of crypto tax payments by taxpayers....

Michaël van de Poppe posted a tweet regarding the crypto market cap reclaiming the 200-week MA. The majority of the top 10 cryptos by market cap have seen 24-hour price...

The HIP70 scaling proposal was recently completed by Helium community members. One of the major changes of the proposal is the migration to the SOL network. HNT is currently trading...

BTC, XRP, ETH, ETHW, and CAKE are the top 5 trending cryptos of the day. The data was curated and released by CoinMarketCap. The coins are trending mainly based on...

Cardano has successfully completed the Vasil Hard Fork. Earlier today, the team reported that the critical mass indications required were complete. The Cardano community eagerly awaits to see the effects...

The Federal Reserve’s hiked rates impact the crypto market cap, pushing it down to $859.2 billion. The Vasil Hard Fork countdown begins today with price boost expectations from Cardano (ADA)....

Crypto prices drop as the US Fed set to announce interest rate hike decision. Bitcoin (BTC) has broken below the $19k support level. Meme tokens also see their prices drop...

Ran Nuener tweeted about the present crypto winter that began in November 2021. The market bear broke and froze major crypto exchanges and platforms leading them even to quit. Extra...

EthereumPoW(ETHW) decreased by 11.38% during 24 hours. The critical support was found at $5.7515. According to CoinMarketCap, the price of ETHW hovers around $5.9. As of writing this article, the...

The Nasdaq stock exchange platform is looking to launch a crypto custody service for institutions. Regulatory approval is currently pending for the exchange’s institutional offering. The main objective behind the...

Blockworks research tweeted that ATOM is up by 43%, and OSMO is up by 20% in the past 30 days. The crypto research platform claims the price hike is because...

Binance Lab’s portfolio manager, Yi He, sees potential in web 3.0 projects while the crypto market dips. The venture capital head is looking to invest in web 3.0 infrastructure, application,...

Sanctiment’s platform speculates a “Buy in the Dip”. Jerome Powell’s strategy on inflation is supposed to have come down heavily on crypto prices. Traders suspect there could be another inflation...

HSBC successfully executes Middle East’s first automobile blockchain transaction. The transaction took place on the Contour platform. The company imported cars 10 times faster than with paper documents. HSBC was...

Indian regulators eyeing GST on cryptocurrency. Sources hinted it could be anywhere between 18 – 28%. Regulators are currently deciding whether to classify crypto as goods or commodities. On Monday,...

Whalestats took to Twitter to announce the top 10 purchased tokens by the 1,000 biggest Ethereum whales. ETH is up by 1.38% and trading at $1,451.77 at the time of...

The market cap of DOGECOIN has surpassed that of Polkadot. Although traders traded DOT more in the last 24 hours compared to DOGE. Ethereum performed worst among the top ten...