The crypto market experienced bearish momentum last week but is now seeing a gradual recovery. The market cap stands at $2.01 trillion, up 2.64%, while overall trading volume has surged by 28.83%. Bitcoin has risen 3.4%, trading at $57,145, and top altcoins are following with daily gains of 2-6%. XRP,
As crypto scams increase in 2024, TRON, the decentralized blockchain platform, Tether, the issuer of the USDT stablecoin, and TRM Labs, a leading blockchain intelligence firm, have teamed up to launch the T3 Financial Crime Unit (T3 FCU). This new partnership is all about cracking down on illegal activities related
Altcoins have shown mixed signals this week, with Ethereum, the largest altcoin, grappling to hold its ground. Its price remains caught between crucial support and resistance levels, recently dropping below $2,400. Notably, over the past 24 hours, despite price fluctuations, ETH witnessed a moderate spike of 1.52%. At the press
DeFi projects have become quite huge in number in the past few months. Partnerships between different web3 ecosystems are a cornerstone of DeFi advancements. Recently, the DeFi project Kujira has announced a partnership with three other ecosystems to build the layer 2 THORChain app. Notably, the ThorChain is utilized by
In a surprising turn of events, a prominent Cardano (ADA) whale who has held a significant position since 2017 has recently liquidated their ADA holdings. This whale, a longtime believer in Cardano’s potential, has now shifted focus to an emerging Real-World Asset (RWA) tokenization project, signaling a growing trend among
The U.S. Securities and Exchange Commission (SEC) has reinforced its strict stance on limiting crypto custody services for banks and regulated financial firms. In a recent talk at a banking conference on September 9, SEC Chief Accountant Paul Munter reaffirmed the agency’s firm position on rules governing the custody of
As of September 10, 2024, Bitcoin (BTC) is trading at $57,027 according to CMC data, reflecting a slight pullback following recent upward movements. The cryptocurrency’s 24-hour trading volume has surged by 46%, reaching $33.83 billion, indicating heightened market activity and its market cap has increased by 3.12% to $1.12 trillion.
A prominent whale who made a fortune with Pepe Coin (PEPE) at its launch has now begun liquidating his position. The reason for this shift? A growing interest in Rexas Finance (RXS), a revolutionary platform focused on real-world asset (RWA) tokenization. This whale, known for making high-profile moves early in
Bankrupt crypto exchange FTX has reached a settlement with Emergent Fidelity Technologies, a firm co-founded by Sam Bankman-Fried, over more than $600 million worth of Robinhood shares. The deal, disclosed in a motion by FTX CEO John Ray III on September 6 in a Delaware Bankruptcy Court, involves FTX paying
As the crypto market undergoes dynamic shifts, Rexas Finance (RXS) has made a notable entrance, raising over $200,000 on the first day of its presale. This achievement highlights Rexas Finance’s potential to become a leading player in the Real-World Asset (RWA) tokenization space for Q4 2024. In contrast, Pepecoin (PEPE),
