Bloomberg says that one subset of the crypto industry, ‘liquid staking,’ has seen a stunning revival, almost reaching its all-time high. Assets held in liquid staking services increased by a remarkable 292% to $20 billion, recovering from a crisis in June 2022, when the larger digital-asset market was in an
September 5, 2023 1 min read
Toncoin has risen to prominence with the recent price surge taking the price all the way to $1.95. Telegram, a prominent messaging platform within the cryptocurrency industry, has no official affiliation with the project anymore, although it is nevertheless intimately related to the cryptocurrency. The dramatic growth of Toncoin (TON)
September 5, 2023 2 mins read
To create dynamic minimum commissions for validators depending on voting authority, the Terra Luna Classic community voted in favor of a crucial proposal. The LUNC network’s validators have unanimously approved a proposal to further the decentralization and security of the Terra Luna Classic network. According to the current vote count,
September 4, 2023 1 min read
The Litecoin halving event in August was perhaps the most anticipated event of the year. Halving of Litecoin occurred on August 2, 2023, as planned after the last halving event on August 5, 2019. However, the price of LTC did not surge after the halving. Contrarily, the token’s value dropped
September 4, 2023 2 mins read
The United Stated SEC has pushed out its ruling on Bitcoin spot ETF until October, which has put downward pressure on the BTC price. Several prominent analysts have all agreed that the BTC price will likely fall to $24,800 mark before perhaps recovering. Nonetheless, September’s bear market worries have reignited
September 2, 2023 2 mins read
Ripple Labs Inc. and its senior executives have strongly fought the SEC’s attempts to validate an interlocutory appeal. This case may play a significant role in determining the legal framework for cryptocurrencies in the United States, particularly whether or not XRP, Ripple’s native token, is an investment contract. The United
September 2, 2023 1 min read
A new attorney for Binance.US has been granted by a federal court in the U.S. SEC case involving Binance, its U.S subsidiary and CEO Changpeng Zhao. On August 30, Andrew Rhys Davies, an attorney representing Binance.US, filed a notice of presence in the ongoing SEC litigation. Davies’s application to appear
August 31, 2023 1 min read
Bitcoin formerly had the highest number of long-term investors. However, a new infographic by IntoTheBlock claims that Ethereum has flipped BTC by a difference of nearly 40 million. Both of them had improvements in this statistic when comparing results from the previous year to the present, but Ethereum leads with
August 31, 2023 2 mins read
Grayscale Bitcoin Trust’s win against the SEC has sparked a flurry of activity in the crypto market. In the last 24 hours, the cryptocurrency market has seen $171 million in liquidations, with $119 million coming from shorts. According to statistics from Coinglass, the discount between Grayscale’s Bitcoin Trust (GBTC) price
August 30, 2023 2 mins read
A move to submit court papers under secrecy has been filed on behalf of the U.S SEC in its civil lawsuit against Binance. More than 35 documents, a statement from Jennifer Farer (a trial attorney for the SEC), and a proposed order were all included in the request. The SEC
August 30, 2023 2 mins read
