In a market increasingly dominated by bearish sentiment, Aptos (APT) stands out with an impressive performance, soaring 12% in the past 24 hours to reach a current price of $11.05. This surge comes despite the overall cryptocurrency market facing a 2% decline, driven largely by a significant downturn in major
The overall crypto market has encountered a mild speed bump as the market cap has turned toward a bearish end. Meanwhile, the crypto regulatory landscape has shown some activity with Coinbase filing a FOIA request on US regulators. On the other hand, Bitcoin has incurred a modest price dip. Other
The decentralized finance (DeFi) platform formerly MakerDAO, now branded as Sky, is planning a return to its original name following community pushback over the rebranding. The co-founder of Sky, Rune Christensen has commenced a proposal to readdress the rebranding decision. Since the rebrand in August 2024 as part of the
Hong Kong, Singapore, London, and Dubai, Global, 22nd October 2024, Chainwire
Coinbase has intensified its push for regulatory transparency, filing two Freedom of Information Act (FOIA) requests against U.S. agencies. The exchange aims to shed light on the growing restrictions faced by banks dealing with crypto deposits. It particularly targets the Federal Deposit Insurance Corporation (FDIC) and other regulators involved in
Several memecoins have risen to prominence over the past few weeks. This has led to speculations of a returning memecoin season. The largest memecoin and Elon-Musk endorsed DOGE has shown significant surges in the past weeks. Specifically, ApeCoin has shown significant price surges over the weekend. The official ApeCoin account
While new cryptocurrencies come into being one after another, staking has become one of the favorite ways for investors to make passive income by locking their crypto assets. This article will guide you to the best staking platforms to earn passive income in 2024 as follows. What is staking? Staking
Chromia, a Layer-1 relational blockchain platform, has announced a strategic investment and technical collaboration with Chasm Network, a market leader in decentralized artificial intelligence. The need for accountability and transparency in these systems has increased as AI is incorporated more and more into daily tasks. In order to address these
The Federal Reserve Bank of Minneapolis has recently proposed that governments should ban or tax Bitcoin. This recommendation aims to help maintain permanent budget deficits. In a working paper published on October 17, the Minneapolis Fed highlighted that Bitcoin complicates fiscal policy. Specifically, the Fed argues that Bitcoin creates a
Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and
