Tue, September 29

U.S SEC Delays Grayscale’s Ethereum Trust ETF Application

An application by Grayscale Investments to transform its Ethereum trust product (ETHE) into an exchange-traded fund (ETF) was postponed by the U.S. SEC. The regulatory body had done the same thing the day before with BlackRock’s request for a comparable vehicle. A judgment on BlackRock’s spot Ethereum ETF was postponed

January 26, 2024 1 min read

Cardano (ADA) Faces Bearish Trend with Potential Bottom at $0.41

The Cardano price uptrend that persisted through late 2023 has reversed into a punishing bear market to start the new year. After reaching its highest levels since 2021 in December, ADA has plunged by over 35% amid crypto sector turmoil that has shown no mercy for even well-constructed blockchain projects.

January 25, 2024 2 mins read

UK Proceeds Cautiously with CBDC Development Amid Rising Concerns

Known popularly as Digital Pound and Britcoin, the digital currency of the United Kingdom’s central bank is now in active development. In order to keep up with the rapidly developing technology of digital currency, the UK thinks these steps are crucial. A Central Bank Digital Currency (CBDC), more popularly known

January 25, 2024 2 mins read

SEC and Ripple Clash Over Document Requests in Legal Battle

The battle between Ripple Labs and the United States Securities and Exchange Commission continues to escalate as the regulator strongly dismissed several of the blockchain company’s assertions this week. In a court filing Tuesday, the SEC maintained that its request for additional Ripple financial documents and XRP sales contracts as

January 24, 2024 2 mins read

Meme Coin Dogwifhat (WIF) Surges 60% Amid Market Plunge

Amid a broader cryptocurrency comedown that has affected majors like Bitcoin and Ethereum, one meme coin has practically stolen the market spotlight. The Dogwifhat (WIF) token, created less than two months ago on the Solana blockchain, has skyrocketed over 60% in just the last 24 hours. Its abrupt rise catapulted

January 24, 2024 2 mins read

What Could be the Reason for Solana & Avalanche Surge?

Avalanche (AVAX) meme coins are creating a buzz in the cryptocurrency community, following the trend set by Solana (SOL) meme coins. The Avalanche Foundation has gained attention by updating its investment strategy, now focusing exclusively on meme coins minted on the Avalanche blockchain. Despite recent market fluctuations, both SOL and

January 24, 2024 1 min read

Cardano (ADA) Witnesses a Sharp Decline in Whale Activity, Raising Questions

Cardano, one of the prominent blockchain platforms in the crypto space, is experiencing a significant decline in on-chain activity related to large transactions, typically associated with whale movements. This sudden and substantial drop has led to a near standstill in the network’s activity, raising concerns and speculations about the underlying

January 23, 2024 2 mins read

MetaMask Collaborates with Consensys to Offer Ethereum Validator Staking

The renowned cryptocurrency wallet application MetaMask has teamed up with Consensys Staking to operate Ethereum validator nodes for users who are ready to stake a minimum of 32 ETH, which is equivalent to around $80,000. After ‘The Merge,’ which occurred in September 2022 and marked the switch from a proof-of-work

January 22, 2024 1 min read

Ripple Counters SEC’s Latest Discovery Request in Ongoing Legal Battle

In the continuing legal struggle between XRP and the SEC, Ripple, the firm behind the token, is pushing back. The newest development is that Ripple has opposed the SEC’s most recent request for post-complaint discovery. The crux of the matter is the SEC’s request that Ripple provide more records and

January 21, 2024 1 min read

Huobi Token (HT) Converted to HTX, Enhanced Benefits Unveiled

Under Justin Sun’s leadership, HTX initiates the transformation from HT to HTX, which is a major milestone for Huobi Token (HT). The upgrade, detailed in a recent press release, brings about many improvements, including the listing of HTX DAO (HTX) and the ability for HT holders to willingly trade their

January 20, 2024 2 mins read