The US Securities and Exchange Commission (SEC) has taken a strong stance against Coinbase’s motion to compel additional discovery in their ongoing legal battle. The SEC argues that Coinbase’s demands for documents are irrelevant and overly burdensome. This stance is based on the belief that the documents sought by Coinbase do not pertain to the
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In the world of cryptocurrency, predictions and projections are commonplace. Recently, a well-known crypto trader, Peter Brandt, has made a bold claim about the future of Bitcoin. Despite a recent crash below $50,000, Brandt believes that Bitcoin could see a significant rebound, reaching new all-time highs of $90,000. This optimistic outlook comes at a time
Captain Laserhawk; The G.A.M.E marks a groundbreaking collaboration between Ubisoft Labs, Arbitrum Foundation, and Sequence, aiming to revolutionize the way we engage with video games. Drawing inspiration from the popular Netflix animated series “Captain Laserhawk; A Blood Dragon Remix”, this game transcends traditional boundaries by incorporating characters from iconic franchises like Assassin’s Creed, Rayman, and
The Bitcoin exchange-traded funds (ETFs) in the United States hit a milestone on August 5, with daily trading volume exceeding $5 billion. This surge marked the first time since mid-April that such a high volume had been achieved. Among the top contributors to this impressive figure, BlackRock’s IBIT ETF stood out with nearly $3 billion
Binance CEO Richard Teng recently disclosed that the exchange experienced a surge in both inflows and trading volumes amidst market turmoil on August 5th. Despite the macroeconomic uncertainties and the market downturn, Binance managed to attract a net inflow of $1.2 billion in just 24 hours, as reported by DefiLlama’s CEX Transparency metrics. Data from
Supervillain Wanted has taken the gaming world by storm with its innovative approach to gameplay. The game, developed by Supervillain Labs, has successfully merged elements from both Web 2 and Web 3 gaming realms to create a unique and engaging experience for players. With over 100,000 downloads in just a few hours, it is clear
The total crypto market capitalization has once again surpassed $2 trillion, after experiencing a significant downturn that wiped out $500 billion from the space in less than a week. This sharp decline saw the figure drop to $1.83 trillion on August 5, triggered by Bitcoin falling below $50,000 and Ethereum plummeting 23% in a single
Cardano’s development is a structured process divided into distinct phases known as “eras,” each named after influential poets, mathematicians, or computer scientists. These eras serve as milestones that introduce new features through hard forks, pushing the platform closer to a fully decentralized blockchain ecosystem. The Significance of the Chang Hard Fork The upcoming Chang hard
The ongoing plunge in the overall crypto market began back in July, where the global crypto market cap fell to $2.5 trillion from $2.7 trillion earlier in May. However, despite this downturn recorded in July, Cardano (ADA), the 9th largest crypto by market cap appears to have defied this bearish trend. According to the Cardano
In the midst of a massive market crash that caused Ethereum to drop by 23% in less than 24 hours, U.S. spot Ethereum ETFs surprisingly experienced a positive day of inflows. On August 5th, the newly launched spot ETH ETFs collectively saw an inflow of $49 million, marking it as the second-highest inflow day since
In the past 24 hours, the cryptocurrency market has experienced a massive sell-off, shaking investors to their core. The two leading digital assets, Bitcoin (BTC) and Ethereum (ETH), have both seen their values plummet by over 20%. This sudden drop has left many wondering about the stability and future of the digital currency market. At
Jan van Eck, the CEO of VanEck, has recently made headlines with his bullish stance on Bitcoin. In an interview with Fox Business, he boldly predicted that Bitcoin could surge to an astonishing $350,000. This optimistic outlook is based on his belief that Bitcoin’s adoption rate will rival that of gold, ultimately driving its price
Unstoppable Domains and Amazon Web Services (AWS) recently concluded a global virtual hackathon that attracted 1,162 participants from around the world. The event, hosted on Devpost.com, brought together developers to explore the intersection of Web3 and artificial intelligence (AI) using AWS’s cloud computing capabilities and Unstoppable Domains’ blockchain-based digital identity solutions. The Unstoppable Hackathon featured
A recent bill introduced in the Senate, led by Senator Catherine Cortez Masto and Senator Chuck Grassley, aims to enhance the investigative authority of the US Secret Service in crimes involving cryptocurrency. This bi-partisan effort is crucial in combatting transnational cybercriminal activities that pose a threat to the financial system. The proposed legislation seeks to
Laguna Games and Crypto Unicorns DAO recently made a joint announcement about the shutdown of the Unicorn Party. The decision to close down the Unicorn Party stems from various reasons, including the changing landscape of Web3 gaming and evolving player preferences. The four titles under the Unicorn Party umbrella were designed with mass appeal and
The Abu Dhabi Blockchain Center has recently been unveiled as a symbol of the region’s dedication to advancing innovation and growth within the entire Web3 ecosystem. This new center has been established with the goal of positioning Abu Dhabi as a key global player in blockchain technology and innovation. By providing a range of services
Telegram, the popular social messaging platform, has recently rolled out an innovative in-app browser with built-in Web3 functionality for its massive user base of close to a billion users worldwide. This new browser comes loaded with a range of exciting features including instant article viewing, bookmarking, and support for decentralized sites hosted on The Open
In a recent analysis by a cryptocurrency analyst, it has been brought to light that Bitcoin (BTC) is currently at risk of experiencing a significant price crash if it fails to maintain a crucial support level. The analyst, known as DonAlt, has emphasized the importance of the $63,000 price mark for Bitcoin, stating that failure
Marathon Digital (MARA) experienced a significant drop in its shares in after-hours trading following a second-quarter revenue report that failed to meet Wall Street’s expectations. The company reported revenue of $145.1 million, falling short of the forecasted $157.9 million by approximately 9%. The revenue miss was attributed to operational challenges such as unexpected equipment failures,
Opeyemi is not your average writer. He delves into the complexities of blockchain technology with a passion that is palpable in his work. His ability to connect price charts to on-chain movements and blockchain activities sets him apart in the cryptocurrency realm. While many may find analyzing price patterns a daunting task, Opeyemi thrives on
In July, the total stablecoin market capitalization saw an impressive growth of 2.11%, reaching a total of $164 billion. This upward trend marks the tenth consecutive month of ascent for major stablecoins, with their market dominance increasing to 6.93%. Tether, the largest stablecoin by market cap, experienced a 1.61% increase to $116 billion, setting a
Moonfrost is a free-to-play farming RPG game that draws inspiration from popular classics such as Stardew Valley, Animal Crossing, and Zelda. The game offers players the opportunity to expand their farm, explore the world of Moonfrost, and collaborate with other players to earn Solana-based NFTs and FROST tokens. While the concept of the game seems
Recent on-chain data has revealed the activities of a Bitcoin whale known as 12QVs…oN2qo, who has accumulated nearly $400 million worth of BTC between July 30 and 31. This significant purchase indicates a bullish sentiment towards the flagship cryptocurrency, as the whale foresees potential for substantial profits in the near future. The whale’s decision to
Investing in Bitcoin can be a challenge due to its market volatility and price fluctuations. However, a crypto analyst named ‘Stockmoney Lizards’ has identified crucial price levels that investors should monitor for potential buying opportunities. According to the analyst, Bitcoin’s recent price actions suggest a classic 5-wave uptrend followed by an ABC correction with an
Senator Cynthia Lummis of Wyoming has recently introduced a groundbreaking Bitcoin bill that could potentially change the landscape of digital assets in the United States. This bill, dubbed the “Bitcoin Act,” has been likened to the historic Louisiana Purchase and aims to bolster the government’s holdings of Bitcoin over the next five years. The proposed
In the second quarter of 2024, Riot Platforms experienced a significant setback with a net loss of $84.4 million, a sharp increase from $27.4 million in the same period the previous year. This widened loss can be attributed to the lingering effects of the Bitcoin halving that occurred in April. Despite this, Riot still managed
Semilore Faleti, a cryptocurrency writer, has made a name for himself in the world of journalism and content creation. His journey began with writing on various topics, but he soon found his niche in the complexities of blockchains and cryptocurrency. Faleti’s passion lies in the efficiency of digital assets and their potential to revolutionize the