The crypto assets traded on the downside. Despite following the recovery pace, the market cap has slipped by 1.79% to $3.39 trillion. The assets, like Bitcoin (BTC) and Ethereum (ETH), have fallen back to their recent lows, trapped in the bearish grip. All major assets are charted in red, while
The Securities and Exchange Commission of the US has barred DeFi Development Corp’s $1 billion registration filing. The firm wanted to use the capital to invest in the Solana blockchain. The regulatory body found that the filing was not eligible because a necessary internal controls report in the Form 10-K
Non-fungible tokens are one of the admirable applications of blockchain technology. Ethereum has brought a viable network to launch and trade NFT collections, which led to the boom of NFTs in 2021 and 2022. However, their trading activity and the hype around NFTs diminished largely in the last couple of
Video game retailer GameStop has announced a large $1.75 billion convertible senior notes issuing, the latest financial move by the company as it shifts its focus to investing in cryptocurrency. The news arrives a day after the distressed retailer announced its initial Bitcoin purchase, marking a strategic change in how
Connecticut has officially passed the United States’ most restrictive crypto law, barring all state and local governments from holding, purchasing, or accepting cryptocurrencies. House Bill 7082, now enacted as Public Act No. 25-66, received unanimous approval from lawmakers on June 11 and was signed into law on June 10. The
Polygon co-founder Sandeep Nailwal has been appointed as the first CEO of the Polygon Foundation, marking a significant shift away from its decentralized governance model. The decision consolidates executive power under Nailwal, ending years of consensus-led operations. Also, under his leadership, the Foundation aims to fast-track decision-making and refocus the
The cryptocurrency market has seen renewed momentum this week, with Bitcoin’s return to the $110,000 range prompting a rally across several major altcoins. Among the notable gainers is Axelar (AXL), which has now marked its second consecutive day of gains following its listing on Upbit, South Korea’s largest digital asset
With the largest assets, Bitcoin (BTC) and Ethereum (ETH) hover around the $109.6K and $2.8K. The market sentiment is greedy as the fear and greed index is holding at 65. All assets are swinging within loss and gain zones. Meanwhile, Chainlink (LINK) has spiked over 0.98% in the past 24
Shiba Inu’s Layer-2 blockchain Shibarium has the potential to drive massive price appreciation through aggressive token burning mechanisms that could eliminate hundreds of trillions of SHIB tokens over the next five years. Since launching in August 2023, Shibarium has established itself as the primary burn engine for the Shiba Inu
XRP community commentator Pumpius has outlined three psychological factors that prevent most retail investors from building meaningful positions in the digital asset, despite its utility in cross-border payments and financial infrastructure. The analysis suggests that barriers to XRP ownership stem from mindset issues rather than financial constraints, creating opportunities for
