Bybit, a prominent crypto exchange, recently announced the termination of its operations in France due to regulatory challenges. The decision came as a result of new developments from the French regulator, which raised concerns about licensing issues. This move has left Bybit with no choice but to cease its services in the country, much to
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Recently, crypto researcher Molly White raised allegations against popular crypto exchange Coinbase regarding a $25 million donation to Fairshake, a crypto Super Political Action Committee (PAC). White suggested that this donation might have violated campaign finance laws due to the timing of the contribution in relation to Coinbase’s negotiations for a federal government contract with
The journey of Joey Garcia, the Director and Head of Regulatory Affairs and Public Relations at Xapo Bank, began in 2014 when he was approached by Wences Casares to establish a regulatory framework for cryptocurrencies in Gibraltar. Despite facing initial skepticism and resistance from authorities, Garcia and his team persisted and successfully developed a comprehensive
Active users of the Wallet app can now claim their VERSE tokens. Hey everyone! We’ve got some exciting news to share. Our first airdrop of VERSE tokens is now live! If you are an active Ethereum user of the , there’s a good chance you are eligible to claim VERSE tokens right now. So head over
Lost Dogs, a groundbreaking game on Telegram, has introduced a unique concept that combines NFTs and token rewards in a story-driven format. Developed through a collaboration between Notcoin and Lost Dogs Co, this game immerses players in a world of magic dogs where daily decisions shape the evolving storyline. With each choice influencing the characters’
The recent turmoil in the world stock markets has not spared the cryptocurrency market, as volatility has become a common theme across the board. A closer look at Ethereum shows a 3% loss for the week, with the price failing to hold onto its previous support at $3,300. The current support level stands at $2,800,
Former US President Donald Trump has recently made a big splash in the world of cryptocurrency by endorsing Bitcoin. This move comes as he prepares for a potential return to the White House in 2024. To further solidify his stance on Bitcoin, Trump has launched a line of Trump-themed sneakers that have quickly sold out
The decentralized finance (DeFi) sector is currently experiencing a notable resurgence, with key metrics such as active loans and total value locked (TVL) showing significant growth from their 2023 lows. DeFi lending, which allows investors to lend their crypto holdings in exchange for interest, plays a crucial role in indicating DeFi participation and overall market
Coinbase, a leading cryptocurrency exchange, reported impressive total revenue of $1.449 billion for the second quarter, exceeding market expectations. This significant figure represents a substantial increase from the $674.1 million in total income reported during the same period last year. Furthermore, the company managed to achieve a net income of $36 million for the quarter,
Bitwise CIO Matt Hougan’s recent call to crypto investors to reconsider Bitcoin’s potential upside comes at a crucial time in the market. While many have been focused on the downside risks, Hougan believes that the recent developments at the Bitcoin2024 conference indicate that the market is “not bullish enough” about the flagship cryptocurrency. The Bitcoin2024
Recently, two market experts have made bold predictions regarding the future price of Ethereum, with one expert even suggesting that the second-largest cryptocurrency could skyrocket to $100,000. These predictions go against conventional expectations but are aligned with some forecasts made by major financial institutions. Ethereum maximalist, Adriano Feria, made headlines by predicting that Ethereum could
Recent data shows that the nine spot Ethereum ETFs in the US experienced net outflows amounting to $77.21 million on Wednesday. This marks a significant reversal from the previous day’s positive trend. These outflows coincide with Ether’s price dropping below $3,200. Notably, the Grayscale Ethereum Trust (ETHE) recorded a massive $133.33 million in net outflows
Manchester United has taken a bold step by becoming the first Premier League club to introduce player trading cards and the Fantasy United game for the 2024/25 season on the Tezos Blockchain. This revolutionary move allows fans to collect cards featuring their favorite first-team players, build squads, and participate in a cutting-edge Web3 fantasy football
In the first two quarters of 2024, meme coins experienced a surge in popularity, with many investors jumping on the bandwagon. However, recent data indicates that the market has cooled off significantly since the spring. While a few lesser-known meme coins such as doginme, Kimbo, Turbo, Dogelon Mars, and Coq Inu have seen gains ranging
The Wanderers Open Beta has arrived on the Epic Games Store, offering players a chance to delve into a unique gaming experience. This game combines ever-changing, generated worlds with innovative deck-building mechanics to create a fun and strategic gameplay environment. Unlike traditional games, Wanderers challenges players to explore virtual worlds filled with enemies and challenges,
In a recent X post, hedge fund manager James Lavish made a bold prediction that Bitcoin could potentially rise to $428,000. This prediction is based on the premise that Bitcoin will account for 1% of the $900 trillion investment assets worldwide. Lavish believes that once Bitcoin captures a larger market share, it could experience a
Recent developments in the cryptocurrency market have brought about heightened volatility, impacting investor sentiment across the board. Bitcoin (BTC) experienced a notable price surge, reaching nearly $70,000 on July 29, only to see a sharp decline below $66,000 the following day. Currently, BTC is trading around $66,300, according to CoinGecko’s data. This market correction was
XRP has seen a significant surge in its price, climbing to $0.66 on Wednesday, marking an 8% increase over the past 24 hours. This surge comes amidst important developments in the XRP ecosystem and renewed investor optimism in the market. One key factor contributing to this upward price action is the growing accumulation trend among
The Elliot Wave theory has gained popularity among Bitcoin analysts for its ability to provide insights into the potential future direction of the cryptocurrency’s price. One pseudonymous crypto analyst, XForceGlobal, recently utilized this theory to make predictions about the Bitcoin price. In their analysis on TradingView, they applied the 5-wave Elliot Wave theory to forecast
The Bahamas Securities Commission recently unveiled the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) in response to the collapse of FTX nearly two years ago. The passage of this new legislation signals a commitment to providing regulatory clarity for the digital assets industry in the country. Christina Rolle, the executive director of the
Cardano (ADA) is currently showing signs of a potential inverted hammer formation on its weekly chart. This pattern typically indicates a shift from bearish to bullish momentum, with buying pressure overcoming initial selling. However, confirmation of this trend reversal is essential, with the need for a subsequent bullish candle to solidify the pattern. Despite this
In a recent interview, pseudonymous trader and analyst Roman made a bold prediction regarding the future of the ETH price, advising investors to lower their short-term expectations. Roman expressed his belief that Ethereum may not perform well in the upcoming months due to Bitcoin dominating the market and altcoins trading sideways. He indicated that a
Jonathan Mann, a prolific songwriter known for his daily compositions over sixteen years, along with conceptual artist Brian L. Frye, has taken legal action against the US Securities and Exchange Commission (SEC). The lawsuit questions whether NFTs, specifically those representing digital art, should be regarded as securities under US law. Mann protested by stating, “This
Doodles has recently introduced their Super Pass for DoodlesTV, now available for minting on Coinbase’s Base–an Ethereum layer-2 scaling network. This marks a significant milestone in Doodles’ transformation from a collection of NFTs to a comprehensive Web3 entertainment company. DoodlesTV, the latest addition to The Stoodio at the Doodles site, utilizes Web3 technology to revolutionize
Recently, Cardano (ADA) has experienced a significant surge in Exchange Traded Product (ETP) inflows, with institutional investors playing a crucial role in this unexpected development. CoinShares, a prominent firm in the crypto ETP industry, released a weekly report on digital asset fund flows. According to the report, digital asset investment products saw an inflow of
Samuel Edyme, also known by his nickname HIM-buktu, is not your typical web3 content writer. His journey into the realm of crypto was far from conventional, starting with a Ponzi scheme that led him down a path of self-discovery and resilience. Despite facing setbacks and challenges, Edyme emerged as a seasoned trader and insightful market
BlackRock, one of the largest asset managers in the world, has made it clear that they currently have no plans to launch a Solana (SOL) ETF in the near future. This decision comes despite the tremendous success of their Bitcoin and Ethereum spot ETFs that were launched earlier this year. BlackRock’s Chief Investment Officer, Samara