In a significant development for the cryptocurrency market, major digital currencies closed the week with notable gains, driven by the news of “BlackRock’s plans to launch a Bitcoin exchange-traded fund (ETF).” The announcement by BlackRock, one of the world’s largest asset management firms, has captured the attention of investors and
Tether, the leading issuer of the stablecoin USDT, has responded to allegations that it deactivated the accounts of major cryptocurrency firms, including MoonPay. The claims were based on documents released by the New York Attorney General (NYAG). It revealed that Tether had terminated approximately 29 accounts. That included BlockFi, CMS
The addition of the popular memecoin Floki in niche categories on Binance, one of the world’s major cryptocurrency exchanges, has facilitated its further popularity. The price of $FLOKI has moved up 5.21% in the previous 24 hours after the exchange said it will add the cryptocurrency to the Metaverse and
Binance, the world’s largest cryptocurrency exchange, and its U.S. subsidiary, Binance U.S, along with the Securities and Exchange Commission (SEC) have negotiated a tentative settlement, which is awaiting approval from a federal court. The proposed agreement would restrict client money on the Binance.US crypto exchange to only the staff of
After almost a decade in business, San Francisco’s Wyre, a cryptocurrency payments startup, has announced shutdown, citing the problems of the crypto winter rather than any strong “regulatory agency direction” in the U.S. On June 16th, the firm said it will be shutting down in order to “protect the best
Significant things are happening in the meme coin realm and cryptocurrency market while the industry faces major challenges from regulators. A popular meme token, Baby Doge Coin (BabyDoge), is trending over “Crypto Twitter” with a notable price rally. BabyDoge was inspired by its renowned counterpart, Dogecoin, which witnessed a remarkable
Less than 10 days after the SEC first filed claims, the judge presiding over the lawsuit between the SEC and Coinbase has been replaced. Coinbase and Binance, two of the major cryptocurrency exchanges, were sued by the cryptocurrency regulator. It has been alleged that top US exchange Coinbase ran an
Nike, the renowned footwear and apparel giant, recently announced an exciting collaboration that hints at a groundbreaking partnership with Epic Games, the creators of the wildly popular online game, Fortnite. In a short promotional video released on June 16, Nike showcased its Air Max logo alongside Fortnite‘s iconic logo. It
The crypto market experienced a downtrend after the SEC continuously filed charges against the leading crypto exchanges. However, the cryptocurrency Quant (QNT) has shown an extraordinary surge in its trading price. The sudden price surge captured the attention of investors in the crypto market. On June 16, Quant, the London-based
In the relentless and dynamic world of NFT marketplaces, claiming a position of dominance is a remarkable achievement. Significantly, one platform that has spectacularly outpaced its rivals is Jump.trade. Indeed, this platform has carved out a strong niche and ascended to the top, demonstrating staggering user growth. Founded by Kameshwaran
