The U.S. Securities and Exchange Commission (SEC) has formally closed its almost two-year probe of Gemini Trust Co., the crypto exchange established by the Winklevoss twins. Cameron Winklevoss said that the agency has resolved not to seek any enforcement action against the firm. The investigation lasted 699 days and included
Although the cryptocurrency market is establishing camp at the bearish end of the zone, it remains active. The past day’s highlight was the Solana ETF being listed on DTCC. Another notable factor was Bitcoin’s fall to $84K, which the community members are seeing as an opportunity to ‘buy the dip’.
Berachain (BERA) is experiencing strong momentum, currently trading at $7.36, marking a 14.57% increase in the last 24 hours. The market cap has climbed to $792.12 million, reflecting a 14.56% surge. However, the trading volume has dropped by 12.86%, settling at $339.48 million. The market cap ratio for the last
The crypto market is recovering from the recent slump, with the overall market cap surging to $2.95 trillion. Amidst the bullish resurgence, the 24-hour trading volume has declined 22% to $144 billion. Despite this leading altcoins are gaining momentum, and the memecoin market also experienced a major rebound and its
Bitcoin is one of its kind global assets that gained traction steadily over the years. When it was first introduced in 2009 by an anonymous person named “Satoshi Nakamoto,” only tech geeks knew about it. What started as an experiment years back has now become a powerful force that could
XDC Network (XDC) saw a 24.37% surge in the last 24 hours, trading at $0.09108. Its market cap also climbed to $1.42 billion, reflecting the same percentage gain. The trading volume rose 1.26%, reaching $36.09 million, with a market cap ratio of 2.5%. XDC is facing a strong resistance near
Singaporean department store chain Metro has joined forces with local crypto payments firm DTCPAY to integrate stablecoin payments across its physical stores and online platform, Metro Mall. The Metro will support four major stablecoins namely Tether’s USDT, Circle’s USDC, Worldwide Stablecoin Payment Network’s WUSD, and the Metro will also add
Another update regarding the Bybit hack is making rounds across the media. The hacker who stole $1.5 billion worth of Ethereum from Bybit has already made 20% of it disappear. Hackers are using advanced tactics to perform social engineering hacks and money laundering. Thus, crypto firms and exchange platforms must
The overall crypto market still remains on the bearish end of the spectrum after the recent reroute. The largest cryptocurrency, Bitcoin’s fall to $88,000 has orchestrated this current dip. External reasons include the Bybit hack and other major liquidation cycles. However, the past day has seen specific altcoins beginning to
The cryptocurrency is currently experiencing a sharp decline, with Bitcoin dropping below $88,000, causing over $1.5 billion in liquidations. Other major tokens have also been affected; Ethereum, the second largest crypto, remains stagnant below a $2,500 recovery. Overlooking this heavy downturn, Binance CEO Richard Teng dismissed concerns of a lasting
