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Search Results for: kraken

UK Court Rules Against Craig Wright’s Claim of Being Satoshi Nakamoto

In a verdict handed out by British judge James Mellor on March 14, BitMEX Research revealed that Craig Wright was found not to be Satoshi Nakamoto, the anonymous developer of the Bitcoin network. In the case filed by the Crypto Open Patent Alliance (COPA) against Wright, an Australian computer scientist

March 14, 2024 2 mins read

DeFi Total Value Locked (TVL) Surpasses $100B Amid Bitcoin Surge

On March 9, the total value locked in DeFi protocols surpassed $100 billion, thanks to the demand for Bitcoin which is boosting the mood surrounding the crypto sector. Data from DefiLlama shows that decentralized financial protocols have a total value locked (TVL) of $100.1 billion, with a volume of over

March 10, 2024 2 mins read

SEC Chair Gary Gensler Dodges Questions on Spot Ethereum ETF

Based on Gary Gensler’s response to a query on the possibility of spot Ethereum ETF clearance, it seems that applicants for this product could have a lengthier wait than anticipated. Gary Gensler, chairman of the U.S SEC, spoke with Yahoo Finance’s Jennifer Schonberger yesterday. She brought up the topic of

March 9, 2024 1 min read

Binance Nigeria Witnessed $26B Flow From Unidentified Sources

In a tumultuous period for cryptocurrency exchanges in Nigeria, Binance Nigeria has come under intense scrutiny as it facilitated transactions exceeding $26 billion from unidentified sources within the past year. The digital assets platform, known for its peer-to-peer trading model, allows users to engage in buying and selling cryptocurrencies with

February 28, 2024 2 mins read

Ethereum Price Surge Linked to Anticipation of Dencun Upgrade: Grayscale

The impending Dencun upgrade, which will boost throughput and decrease the cost of certain network transactions, may have contributed to Ethereum’s recent price increase, according to asset manager Grayscale Investments. However, many market watchers are relating the rise in prices to optimism surrounding the potential approval of a spot ether

February 25, 2024 1 min read

FTX Ends Legal Battle With EU Founders, Sells EU Assets 

FTX, the bankrupt crypto exchange, has reached a settlement with its EU founders, Patrick Gruhn and Robin Matzke, who were sued for over $323 million. The settlement also involves FTX selling its assets in the EU, where it failed to gain traction. The lawsuit, filed in July 2023, claimed that

February 24, 2024 2 mins read

DeFi Tokens Boost Crypto VC’s Returns by 50% 

Maven11 Capital, a crypto venture capital firm, has reported impressive returns of 54%, worth $1.43 million, by investing in DeFi tokens. These returns are particularly from UNI, the native token of Uniswap.  The firm capitalized on the DeFi token surge, which was driven by the growing attention to the DeFi

February 24, 2024 3 mins read

Pre-Halving Effect Reflected in Bitcoin’s Current Price: JPMorgan

Bitcoin is expected to undergo its fourth halving in April 2024, which will reduce the block reward from 6.25 BTC to 3.125 BTC, making new coins scarcer and more valuable. Amidst this, JPMorgan said that its upcoming halving in April 2024 is already factored into its price, and that a

February 24, 2024 2 mins read

Riot Platforms Posts $281 Million Revenue from Bitcoin Mining in 2023 

Riot Platforms, a vertically integrated Bitcoin mining and data center hosting firm, reported record revenue of $280.7 million for the year ended December 31, 2023, according to its annual report.  Riot Platforms saw an 8% increase in its total revenue from $259.2 million in 2022 to $280.7 million in 2023.

February 24, 2024 2 mins read

Kava (KAVA) Price Prediction 2024, 2025, 2026-2030

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

February 23, 2024 7 mins read