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Search Results for: Cardano

Arbitrum Price Surges 30% Post Ethereum ETF Approval

Following the approval of an Ethereum exchange-traded fund (ETF), Arbitrum saw a notable surge of 5% in the last 24 hours, attracting 100,000 new users to the platform. This surge propelled the price of ARB to reclaim the $1.20 mark, climbing over 30% in a weekly time frame from $0.9757

May 27, 2024 2 mins read

Uniswap Labs Replies to SEC’s Wells Notice, Argues Lack of Regulatory Authority

Uniswap Labs has finally responded to the SEC’s Wells notice, urging the agency to drop its enforcement action against the firm. Allegedly operating as an unregistered securities exchange and broker, the corporation has been in violation of securities laws, according to the April notification. According to Uniswap Labs, the SEC

May 22, 2024 2 mins read

Hong Kong Launches First Crypto-Asset Tax Reporting Software

Hong Kong has witnessed numerous advancements in the digital assets sector these past few weeks. Notably today, TaxDAO, a Web3 Finance and Tax organisation launched the first crypto-asset tax reporting software earlier today. The software formerly named Intax was upgraded to FinTax and began seed funding today. With the launch

May 20, 2024 2 mins read

BlackRock’s CIO Sees Optimism in U.S. CPI Data, Warns of Rate Hike

The financial markets were elated by the announcement of the U.S. Consumer Price Index (CPI) statistics this week. It seemed like inflationary pressures could be receding. The report prompted a strong reaction from BlackRock’s Chief Investment Officer (CIO) of Global Fixed Income and Head of Global Asset Allocation, Rick Rieder.

May 18, 2024 2 mins read

Vitalik Buterin Praises Ethereum Ecosystem’s Commitment to Free Expression

Vitalik Buterin, a pioneer in the cryptocurrency sector, praised one of Ethereum’s strengths on Saturday in a X post. The co-founder of Ethereum values the fact that free expression is not stifled inside the Ethereum ecosystem. Moreover, according to Buterin, Ethereum does not censor its users or the general public

May 18, 2024 2 mins read

Will Crypto Market Bears Continue to Dominate? Insights and Analysis

The cryptocurrency market has sustained a downward trajectory over the past week. The overall market has seen a decline of 3.6%, coupled with a significant 27% decrease in trading volume compared to the previous week. Despite this gloomy backdrop, hope flickers among traders, largely fueled by the resilience of select

May 13, 2024 2 mins read