Wed, October 7

Investors Pull $60M from Ether Products Amid Shifting Market Trends

According to a Monday report by crypto firm CoinShares, professional investors pulled out more than $120 million from exchange-traded instruments that tracked ether (ETH) over the previous two weeks. Over the last two weeks, the products have had net outflows of $60 million each week. Which is the highest level

July 2, 2024 1 min read

Bahamas Sets Two-Year Deadline for CBDC Integration in Banks

The Bahamian government has established a two-year deadline to incorporate the “Sand Dollar,” the country’s central bank digital currency (CBDC), into the activities of commercial banks in an effort to increase its acceptance. All commercial banks must allow their customers access to the CBDC, and Governor John Rolle of the

July 2, 2024 2 mins read

SHIB Payments Now Accepted by Kronos Advanced Technologies

The second largest meme coin Shiba Inu (SHIB) is endorsed as a payment method by the US-based public firm Kronos Advanced Technologies (KNOS) for purchasing air purifiers. The news was disclosed in the company’s June filing with the U.S. Securities and Exchange Commission (SEC).  Reportedly, there are 1.38 million SHIB

July 2, 2024 1 min read

Cardano Co-Founder Criticizes US Crypto Policies, Calls for Electoral Influence

Cardano (ADA) co-founder Charles Hoskinson has voiced his disapproval of the current US administration’s stance on cryptocurrencies. He says that the crypto community has a crucial chance to strategically influence policy with their votes in the next elections. The negative impact of President Joe Biden’s policies on the crypto sector

July 2, 2024 1 min read

Circle Becomes First EU-Approved Stablecoin Issuer Under MiCA

Circle CEO and co-founder Jeremy Allaire made the announcement on July 1 that the company has become the first EU stablecoin issuer to get regulatory clearance under the new Markets in Crypto-Assets (MiCA) framework. To allay concerns that investors may be forced to liquidate their stablecoins or move their money

July 1, 2024 1 min read

Binance Burns 1.7 Billion LUNC Tokens in Latest Burn Event

In Monday’s most recent burn event, crypto exchange, Binance, burnt 1.7 billion Terra Luna Classic (LUNC) tokens. The exchange has burnt over 62 billion LUNC so far, after the 23rd batch of the LUNC burn mechanism. According to the burn transaction that took place on July 1, Binance burnt 1.7

July 1, 2024 1 min read

Blast (BLAST) Price Prediction 2024, 2025, 2026-2030

Blast (BLAST) price prediction 2024, 2025-2030, we will analyze the price patterns of BLAST by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Blast (BLAST) Current Market Status What is Blast (BLAST)? Blast (BLAST) 24H Technicals BLAST (BLAST) PRICE PREDICTION

July 1, 2024 7 mins read

Polymarket Trading Volume Surges Over $100M Amid US Election Frenzy

Participants increased their wagers on the outcome of the US presidential election in June, driving the monthly trading volume of the decentralized predictions platform Polymarket above $100 million. Individual “Yes” or “No” bets across 17 prediction markets total $203.3 million in “Presidential Election Winner 2024” currently. There has been a

July 1, 2024 2 mins read

Hawaii Drops Money Transmitter License Requirement for Crypto Firms

A Money Transmitter License (MTL) is no longer necessary for cryptocurrency businesses in Hawaii to operate legally. On June 30, 2024, the state of Hawaii’s Digital Currency Innovation Lab (DCIL), a collaborative crypto research initiative, ended, according to the state’s Department of Commerce and Consumer Affairs (DCCA). Launched in 2020,

July 1, 2024 2 mins read

Sony Group Enters Crypto Market with Amber Japan Acquisition

Sony Group, the hundred billion-dollar Japanese tech giant, marks its entry into the crypto exchange sector by acquiring Amber Japan. The crypto trading service operated by Amber Japan, Whale Fin, was rebranded as S.BLOX Co., Ltd. It has plans to expand its crypto-related services in collaboration with Sony. Amber Japan

July 1, 2024 1 min read