Monday has started on the wrong foot for bitcoin and the entire crypto market as the primary digital asset plummeted from over $64,000 to a new multi-week low of under $62,500. Although the liquidations on a daily scale are still relatively low of just over $130 million, the total amount of wrecked traders has risen […]
The reaction and market sentiment towards Ethereum spot ETFs is somewhat muted in comparison to when Bitcoin products launched earlier this year. These are the findings of crypto entrepreneur and investor Andrew Kang, who published a lengthy analysis of the impact of Ethereum ETFs on X on June 23. Bitcoin ETFs opened the door for […]
HashKey Group, a leading end-to-end digital asset financial services group in Asia, announced the upcoming public community airdrop and listing of its new native token, HSK, which is set to be unveiled in Q3 2024. The statement notes that the new HashKey native token HSK will earn applications within the entire HashKey group ecosystem and […]
It goes without saying that the dispute between the United States Securities and Exchange Commission and Ripple Labs over whether XRP should be constituted as a security or not is one that will likely have consequences for the entire industry. The case has been going on for many years now, and it’s currently in its […]
The cryptocurrency market continues struggling, with the majority of the altcoins charting considerable declines throughout the past 24 hours. That said, let’s examine some of the more important updates concerning Ripple, Shiba Inu, and Cardano from the past few days. Important Ripple Milestone While all eyes remain focused on the legal battle between Ripple Labs […]
According to Token Terminal data, the monthly stablecoin transfer volume surged to over $1.68 trillion in April, marking a significant increase from the $100 billion recorded in October 2020. This 16-fold rise highlights the potential of stablecoins in enhancing financial processes and facilitating cross-border transfers. Record-Breaking Stablecoin Volumes In a recent post on X, Token […]
TL;DR NEAR Protocol, The Graph, and Oasis Network lead the top 10 AI cryptocurrencies with the most development activity over the last 30 days. Recent advancements, such as the “Superintelligence Alliance” between Fetch.ai, SingularityNET, and Ocean Protocol has driven significant rallies in some AI-related coins. Here are the Leaders The market intelligence platform Santiment outlined […]
Two individuals were detained and questioned by the UK Metropolitan Police and the Financial Conduct Authority (FCA) for allegedly running an illegal cryptocurrency operation exceeding 1 billion British pounds ($1.2 billion) in the region. The FCA emphasized key registration requirements for crypto businesses and issued consumer warnings. Suspects Arrested and Questioned According to the Financial […]
[HANGZHOU, 中国, June 22nd, 2024] In a groundbreaking analysis, leading cryptocurrency research firm Messari has published a comprehensive overview of the Nervos Network (CKB), spotlighting its pivotal role in enhancing Bitcoin’s technological framework. The report details how Nervos leverages its innovative Layer-1 blockchain and RGB++ protocol to address critical scalability and programmability challenges within the […]
The world’s number one and two leading cryptocurrencies by market capitalization, daily transaction volume, and crypto exchange volume have almost perfectly tied for ROI from Jan. 1 through the middle of June. For comparison, the S&P 500 Index notched up nearly 15% over that same period. But that’s more than the broad stock market benchmark […]