In the past 24 hours, the crypto market has witnessed a dip in market cap by 3.19%. Bitcoin has struggled to maintain its prices above the $66K resistance. While the leading altcoin ETH prices have dropped 3.54% in the past 24 hours. However, over the week the crypto market exhibits
May 24, 2024 2 mins read
The Securities and Exchange Commission (SEC) released an official statement approving the spot Ethereum Exchange-Traded Funds (ETFs) on May 23. The SEC’s statement was widely anticipated by the crypto community since the approval of spot Bitcoin ETFs. Exchanges that had applied for issuance rights were approved in the published report,
May 24, 2024 2 mins read
Crypto exchange Kucoin delisted the dormant stablecoin of Acala Network — aUSD — and has initiated the launch of an “acquirement plan” to compensate token holders’ loss. Previously, in August 2022, the Acala incident — an erroneous minting of 3 billion aUSD tokens in its liquidity pool — occurred. Following
May 23, 2024 2 mins read
Jeffery Wilcke, co-founder of Ethereum, deposited 10K Ether (ETH) into the Kraken Exchange during the Asian morning hours on Thursday. Wilcke has made multiple deposits of ETH since the beginning of 2024, drawing significant attention from the crypto community. The SEC deadline for the decisive update on spot Ethereum ETF
May 23, 2024 2 mins read
The crypto market has shown optimistic performances this week. Bitcoin, Ethereum and other Altcoins have shown upward trends in market price. With the Bitcoin Pizza day celebrated today, the leading cryptocurrency’s prices dipped down to the $69K mark. BTC witnessed a price recovery that snowballed to new monthly highs in
May 22, 2024 2 mins read
Optimistic signs have appeared for spot Ethereum exchange-traded fund (ETF) approval ahead of the SEC’s approaching deadline on Thursday. Depository Trust and Clearing Corporation (DTCC), has listed VanEck’s spot ETH ETF (“ETHV”) on Tuesday. Notably, Franklin Templton’s EZET made its entry into the same listing last month. Currently, the count
May 22, 2024 2 mins read
The entire crypto market has leaned toward an upsurge, rising its valuation to $2.6 trillion. Bitcoin and the family of altcoins have experienced price hikes. Over the past 24 hours, Ethereum (ETH), is spearheading the bullish rally with a 17% surge in price and by breaking recent resistance levels. The
May 21, 2024 2 mins read
Ripple, leading digital payment platform, interviewed academician and University of Trento professor, Dr.Massimiliano Sala. The professor shared insights on Blockchain technology and quantum computing. He threw light on security threats surrounding BCT, quantum-resistant cryptographic systems and the difficulties surrounding them. Ripple has started a University Blockchain Research Initiative (UBRI), part
May 20, 2024 2 mins read
Hong Kong has witnessed numerous advancements in the digital assets sector these past few weeks. Notably today, TaxDAO, a Web3 Finance and Tax organisation launched the first crypto-asset tax reporting software earlier today. The software formerly named Intax was upgraded to FinTax and began seed funding today. With the launch
May 20, 2024 2 mins read
Solana market price took a bullish turn for the third consecutive day on May 18, finding support at the $170 mark. The upward movement propelled the price above $175 momentarily today, elevating the price to a five week high. Solana price had faced a crucial juncture earlier this week. The
May 18, 2024 2 mins read