Tue, October 6

Search Results for: Cryptocurrency

Ethereum Shanghai Upgrade Failed to Spike ETH Price

After Ethereum’s long-awaited Shanghai update, the native cryptocurrency of the blockchain, ether (ETH), has mostly remained untouched. By enabling previously inaccessible staked ETH withdrawable, the upgrade completed Ethereum’s transition to a proof of stake network.  This switch to proof of stake is important because users stake ETH with the network

April 13, 2023 1 min read

XDC Network Integrates With Civic for Advanced Identity Management

The cryptocurrency sector has recently witnessed the growth and increasing traction of XDC Network (XDC). It is primarily attributed to the network’s efforts and integration within the field. XDC Network’s commitment and dedication to the industry have been pivotal in its success, with its seamless integration contributing to its popularity

April 13, 2023 2 mins read

Multichain (MULTI) Takes the Lead with Impressive Trading Price Surge

The Multichain (MULTI) token witnessed a massive increase in trading price for the last few days. MULTI’s trading price surged by 14.52% in the past 24 hours, while the global crypto market is down by 0.59%. MultiChain (MULTI) is a decentralized platform that enables the creation of custom blockchain networks.

April 13, 2023 1 min read

Right to Mine: Montana Paves a Way for Crypto Mining Hub in US

Recent reports on Twitter have announced that Montana has legalized cryptocurrency mining within the state. In February of this year, the Montana Senate House passed the “Right to Mine” Bitcoin (BTC) bill with an impressive vote of 37-13. Also, this bill grants citizens of Montana the right to own and

April 13, 2023 2 mins read

Kraken Forced to Pull Ethereum Staking Amid U.S. SEC Pressure

Kraken, the US-based crypto exchange, has started withdrawing all staked Ethereum (ETH) amid US Securities and Exchange Commission (SEC) pressure. The exchange started the procedure to withdraw all staked ETH associated with its users in the U.S. ahead of the Ethereum Shapella upgrade, which is scheduled for April 12 at

April 13, 2023 1 min read

Serum Price Surges Over 25% in a Day – Is SRM a Good Investment Option?

Serum (SRM) price has skyrocketed over 25% in a day. According to CoinMarketCap, the SRM price is trading at $0.25 with a 24-hour trading volume of $171,246,016 at the time of writing.  While this may be exciting news for investors who already hold SRM, it is important to consider the

April 13, 2023 2 mins read

Gemini Eyes Canadian Expansion as it Files Pre-Registration with OSC

Tyler Winklevoss, the co-founder of the cryptocurrency exchange platform Gemini, recently announced on Twitter that the company is taking important steps to obtain a license to operate in Canada. The US-based crypto exchange is actively pursuing regulatory approval to expand its services into the Canadian market. .@Gemini is taking key

April 12, 2023 2 mins read

Major BTC Investor Transfers $330M BTC to Bitfinex

A significant Bitcoin investor has reportedly transferred around $330 million worth of Bitcoin to the cryptocurrency exchange Bitfinex. According to Lookonchain, a blockchain analysis firm, the incident is said to have occurred on Wednesday. A smart whale transferred 11K $BTC ($330M) to #Bitfinex 1 hr ago. The whale received 46,542

April 12, 2023 2 mins read

U.S CPI Data Reveals Less Than Expected Inflation Rate in March at 5%

Compared to February, when prices grew by 0.4%, the CPI increased by 0.1% in March 2023 after seasonal adjustments were made. Inflation statistics for March showed an annual rise in the all-items index of 5.0% before seasonal adjustment. The Consumer Price Index (CPI) for March 2023 had recently been issued

April 12, 2023 1 min read

Coinbase Awarded $47,000 in Damages After Winning Insider Trading Case

It was announced on April 11 after Nikhil Wahi had pleaded guilty in a Manhattan court, that Coinbase had been awarded about $470,000 in damages. A crypto trader in this instance followed the advice given to him by his brother. The latter was employed by Coinbase Global. U.S. District Judge

April 12, 2023 2 mins read