Thu, November 14

Messari CEO Announces Abandoning the SEC Until Reforms

Leading US-based Market intelligence firm, Messari has abandoned all connections with the SEC. The firm’s CEO released a strong-worded statement, lashing out at the regulator’s corrupt activities and pointing to its ‘unjust’ actions. In the past few months, multiple cryptocurrency firms have found themselves under the scrutiny of the SEC

July 8, 2024 2 mins read

Did Institutional Transfers Play Major Role in Ethereum’s Downfall?

Amid a challenging bearish market, Ethereum has recently approached a four-month low, dropping from $3,043.58 to $2,826.48 over the past 24 hours. However, there is a tentative recovery with a modest 2% increase noted at the time of writing. One of the most notable developments amid this volatility has been

July 8, 2024 1 min read

Key U.S Economic Data Set to Influence Crypto Market This Week

This week, the cryptocurrency market will be watching closely for important economic data and events that might influence the price of Bitcoin and other cryptocurrencies. Significantly, the last several weeks have been very unpredictable, with Bitcoin’s price seeing a precipitous decline last week. Bitcoin and altcoin euphoria seem to have

July 8, 2024 2 mins read

Vitalik Buterin Warns of Privacy Challenges Amid EU’s Chat Monitoring Proposal

In response to the EU’s efforts to regulate chats on social media platforms, Vitalik Buterin, co-founder of Ethereum, has spoken out. Vitalik Buterin expressed his satisfaction at the resounding defeat of the European Union’s Chat Control 2.0 plan. He was appreciative of the work of many people and organizations who

July 6, 2024 2 mins read

Grayscale Revises Crypto Fund Components, Polygon (MATIC) Removed

In light of evaluations conducted in the second quarter of 2024, crypto asset manager Grayscale Investments has revealed revised component weightings of crypto assets within its primary funds. Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), Grayscale Digital Large Cap Fund (GDLC), and Grayscale DeFi Fund (DEFG) are the primary

July 6, 2024 1 min read

Yearly Crypto Remittances to Venezuela Surges Over $460 Million

Cryptocurrency remittances to Venezuela have increased dramatically in the last year, reaching over $460 million. In general, the country’s remittances have increased as a result of the large number of migrants caused by the severe economic circumstances. Crypto adoption has been on the rise in Latin America and other regions

July 6, 2024 1 min read

Investors Await Upcoming U.S Employment Data Amid Market Nosedive

Investors and traders are putting their faith on Friday’s U.S. employment data to contain the unstoppable fall in bitcoin (BTC) prices. Bitcoin fell below $54,000 in early Friday trading after news spread that the now-defunct Mt. Gox exchange had transferred $2.6 billion worth of bitcoin, purportedly to pay off creditors.

July 5, 2024 1 min read

Taiwan Mobile Seeks to Become the 26th Virtual Asset Service Provider

Taiwan’s second-largest telecom operator, Taiwan Mobile, has stepped into the cryptocurrency space. The company has applied to become the nation’s 26th Virtual Asset Service Provider (VASP) operator. Acquiring the license, it aims to establish its cryptocurrency exchange.  According to the local media report, Taiwan Mobile gained approval after submitting its

July 5, 2024 2 mins read

Labour Party Wins UK Election, Signals Shift in Crypto Regulation Landscape

In the UK general election, the Labour Party defeated Rishi Sunak’s conservative party by a wide margin, marking the first time in fourteen years that the party has been out of power. There is a lot of anticipation within the crypto community in the UK. As they await the outcome

July 5, 2024 2 mins read

Where is the Crypto Market Headed as Liquidations and FUD Surge?

The crypto community amidst its expectancy for bull runs has received shock waves this past week. In an additional remark, the crypto market recorded a $110 million liquidation in under an hour, during the Asian morning hours of July 5. With such high liquidation rates, the market has dipped into

July 5, 2024 2 mins read