The recent approval by the Commodities and Futures Trading Commission (CFTC) for Coinbase Derivatives Exchange to list futures contracts tied to Dogecoin (DOGE), Bitcoin Cash (BCH), and Litecoin (LTC) has garnered significant attention in the crypto community. These listings are set to go live and begin trading on or after April 1, 2024, according to
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Cardano (ADA), known as the 9th largest cryptocurrency based on market capitalization, has recently faced a downward trend amidst the prevailing bearish sentiment in the cryptocurrency market. The leading market player, Bitcoin (BTC), has set the tone for price corrections in the top cryptocurrencies. Despite ADA experiencing a retracement of almost 20% in the past
The recent sale of CryptoPunk #7804, an Alien Punk, for a staggering $16.4 million has sent shockwaves through the digital art and cryptocurrency communities. This monumental transaction has not only captured the attention of enthusiasts and investors but has also set a new standard for the value of digital collectibles. The Alien category within the
The official Twitter account of Trezor, a well-known hardware wallet manufacturer, recently suffered a devastating compromise. It is suspected that the breach was a result of a SIM swap attack, which led to fraudulent messages being posted on the platform. These messages promoted fake token sales and wallet scams, tricking users into sending funds to
The cryptocurrency market is abuzz with news of XRP experiencing a notable price spike on the Atlantis Exchange. While excitement initially spread among X users as the asset’s price seemingly soared to an all-time high of $74, it was later revealed to be a short-lived glitch. This surge came shortly after Atlantis Exchange introduced trading
Bitcoin, the flagship cryptocurrency, has been showing signs of a bullish trend in the market, fueled by certain fundamental factors. Despite recent price declines, data from the on-chain analysis platform CryptoQuant reveals a significant drop in the supply of Bitcoin on exchanges over the past 4 years. This decreasing supply indicates that most investors are
The recent sharp decline in the price of Bitcoin has sent shockwaves through the cryptocurrency community, leading to a flurry of discussions and speculations on social media platforms. Influential figures in the crypto space have provided insights into the possible reasons behind this significant drop, shedding light on various factors contributing to the downfall of
The ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) regarding the classification of XRP has been a topic of significant interest within the cryptocurrency community. With the trial scheduled for April 23, the resolution of this lawsuit could have far-reaching implications for both XRP’s legal status and its price
A Federal High Court in Nigeria has recently issued an order to Binance, the world’s largest cryptocurrency exchange, to provide comprehensive data on all local users trading on its platform to the Economic and Financial Crimes Commission (EFCC). This decision comes as part of the government’s crackdown on Binance for its alleged involvement in the
The ERC-7231 token standard is a groundbreaking advancement in the world of non-fungible tokens (NFTs). Essentially, it builds upon the widely adopted ERC-721 standard to introduce new features and capabilities. Unlike its predecessor, ERC-7231 introduces the concept of identity binding, allowing for the secure linking of multiple Web2 and Web3 identities to a single NFT.
The world of cryptocurrency is constantly evolving, with new tokens and coins emerging every day. In the latest trend, the Solana meme coin market has seen the rise of Kermit (KERMIT) token, which has surged an impressive 600x in just 24 hours. However, as investors are getting excited about Kermit, there is a new player
The recent regulatory filings from the US Securities and Exchange Commission (SEC) have revealed a delay in the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs). This news has impacted proposals from various investment firms, including VanEck, Ark Invest, Hashdex, Grayscale, and Fidelity. The delays have sparked discussions within the crypto community about
Recently, the UK Financial Conduct Authority (FCA) made an announcement regarding its intention to recover approximately $8 million in costs associated with supervising stablecoins and cryptocurrency. The funds will be obtained through fees imposed on stablecoin issuers and digital asset custodians. This initiative aims to recover £6.2 million for new stablecoin regulations and a wider
The world of cryptocurrency is full of unpredictable twists and turns, and the current performances of meme coins FLOKI and SPONGE are a perfect example of this. FLOKI, once a shining star in the meme coin universe, has recently taken a nosedive, plummeting 18% in just 24 hours. As of now, it is trading at
BitMEX recently found themselves investigating an abnormal occurrence on their Bitcoin spot market. Reports surfaced about a user making significant sell orders on the exchange, causing chaos in the market. More than 400 BTC was dumped on BitMEX, leading to an 87% crash in the price of Bitcoin to as low as $8900 before bouncing
In the world of cryptocurrencies, resilience is key, and AVAX has proven to be one of the most resilient leading cryptocurrencies today. Despite a market-wide pullback, AVAX has managed to hold onto more gains than any other top fifty cryptocurrency. With a 22% increase over the past week, AVAX is currently trading at $57.73, showing
Bitcoin, the leading cryptocurrency, has witnessed a significant drop in its price, losing roughly ten thousand dollars since its peak last Thursday at almost $74,000. This sudden downfall has also impacted other alternative coins, causing the total crypto market cap to plummet to under $2.5 trillion from exceeding $2.9 trillion just last week. After a
The Government Pension Investment Fund (GPIF) of Japan, known as the world’s largest pension fund, has made headlines with its recent announcement to explore diversification opportunities that include Bitcoin. This move is a significant departure from its traditional investment strategy, which typically focuses on conservative asset classes. The fund, which boasts assets totaling $1.5 trillion,
The recent surge in NodeMonkes, Bitcoin’s premier NFT collection, has taken the market by storm. In the past 24 hours, NodeMonkes witnessed a staggering 53.3% increase in its floor price, propelling it to the position of the second-largest NFT collection in terms of market capitalization. With a floor price of 0.83 BTC, approximately $55,890, NodeMonkes
In a groundbreaking moment for the world of digital art, the Dogwifhat meme NFT set a new record on Monday by selling for an astounding $4.3 million worth of ETH. The sale took place on the popular digital art platform Foundation, where it attracted a flurry of eager bidders. Following a heated bidding war, GCR,
Recently, the crypto community has been buzzing about the upcoming launch of Scotty the AI token ($SCOTTY) on the Uniswap decentralized exchange. This innovative token, which combines the appeal of meme coins with the power of artificial intelligence, has generated a significant amount of hype leading up to its release. With a successful presale that
As XRP struggles to keep up with the booming cryptocurrency market, investors are turning their attention to a new ICO called 5thScape in search of significant returns. With XRP trading flat at $0.65 while other major cryptocurrencies like Bitcoin and Ether are surging, the appeal of 5thScape lies in its promising potential for a 1,000%
Solana’s SHARK token has recently experienced explosive price action, with a significant spike in value in a short amount of time. However, this rapid increase was followed by a sharp decline, leaving many early investors with substantial losses. The current price of SHARK is struggling to maintain stability, raising concerns about the sustainability of its
The Securities and Exchange Commission (SEC) Chair, Gary Gensler, recently criticized the practice of “AI washing” in the financial sector, highlighting the potential violations of securities laws associated with false claims about the use of artificial intelligence (AI). Gensler’s remarks on March 18 shed light on the deceptive practices employed by some investment advisers and
Colony, developed by Parallel Studios, is a survival simulation crypto game that has been making waves in the gaming community. This game, built on the Solana blockchain, introduces AI-powered agents with continuous learning abilities, allowing for the development of unique personalities and worldviews. Players have the ability to define the fundamental traits of these agents,
In a recent development, crypto exchange OKX has made the decision to delist Tether (USDT) pairs in the EU. Instead, the exchange will only support USDC and Euro-based stablecoin pairs moving forward. This move comes shortly after the EU released draft technical standards related to stablecoins, which are scheduled to be enforced starting from June.
The recent surge in the market capitalization of Solana’s biggest decentralized exchange, Jupiter (JUP), has left many crypto investors questioning whether it is too late to buy into this project. With a market cap surpassing $2 billion and a fully diluted market cap approaching $15 billion, the fear of missing out on potential gains is