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
Recently, a Federal High Court in Nigeria has made a ruling that Binance must supply detailed information on all of its users in Nigeria to the Economic and Financial Crimes Commission (EFCC). This decision comes as tensions continue to rise between the cryptocurrency exchange and Nigerian officials due to the collapse of the country’s fiat
Dogecoin20, the newest meme coin to hit the market, has taken the crypto world by storm. In just a matter of days, it has managed to raise an impressive $2 million, leaving industry veterans in awe of its fundraising capabilities. With meme coins gaining popularity within crypto circles due to their potential for significant returns
The recent price movement of Bitcoin has been a cause for concern among crypto enthusiasts and investors alike. Ever since reaching an all-time high of $73,000, Bitcoin has been on a downward trajectory, leading to a wave of speculations regarding the future direction of the digital asset. The general sentiment in the market is one
Cardano’s development and utility have been scrutinized within the community, particularly concerning the Hydra project. This layer 2 scalability solution aims to enhance transactions, reduce costs, and optimize Cardano’s functionality. While rumors of the project’s demise circulated, co-founder Charles Hoskinson vehemently denied these claims, labeling them as “pure FUD.” He emphasized the team’s increased productivity
Bitcoin recently reached a new all-time high of over $73,500 before experiencing a sharp drop to $65,000. It has since then managed to recover some of its losses and is now trading at over $68,600. The upcoming Federal Open Market Committee (FOMC) meeting scheduled for March 20 could potentially be a catalyst for another price
Starbucks, the renowned coffee giant, recently made waves in the NFT (Non-Fungible Tokens) world by announcing the suspension of its highly successful Odyssey NFT program. Launched in 2024, the program aimed to engage loyal customers by offering virtual stamps in exchange for various activities like purchasing products, attending events, and interacting on social media. Despite
Carbonated Inc. has made headlines with the early access launch of MadWorld for iOS and Android devices. This announcement comes on the heels of the company securing an impressive $11 million in a Series A funding round. The backing from industry giants like Com2uS, Andreessen Horowitz, and Bitkraft Ventures speaks volumes about the potential of
Charles Hoskinson recently addressed concerns surrounding the development project known as Hydra within the Cardano ecosystem. There were rumors circulating that Hydra had been abandoned, but Hoskinson quickly dispelled these notions by stating that Hydra is actually more productive and motivated than ever. Hydra is a layer-two scaling solution that aims to enhance the transaction
The cryptocurrency market has experienced a weekend of extreme volatility, with Bitcoin plummeting to a ten-day low of under $65,000. This sharp decline comes after a period of bullish momentum that saw Bitcoin reach a new all-time high of $73,800 earlier in the week. However, the bulls’ reign was short-lived as the bears took control
The cryptocurrency market recently experienced a significant shakeup with Bitcoin prices plummeting to a weekly low of $65,000. This sudden decline comes on the heels of a period of remarkable gains and record highs, leaving investors reeling from the unexpected turn of events. As of the latest data from Coingecko, Bitcoin is currently trading at
The Asia Pacific region (APAC) has been making significant strides in the technology industry, particularly in the realm of Web3 innovation. The progressive regulatory stance in key jurisdictions has been a critical driver of this evolution. Countries like Singapore have taken the lead by implementing stablecoin regulations, setting a clear standard for fostering a secure