As we find ourselves in the final month of Q4 this year, it’s crucial to reflect on the past months, marked by extreme volatility and a series of significant events. The year began by recovering from the FTX collapse, witnessed the Memecoin hype season in Q2, faced SEC regulatory challenges
In a strategic move aimed at maintaining the liquidity of the XRP cryptocurrency, Ripple Labs has released a total of one billion XRP coins from its escrow accounts. The release was executed in four transactions, with the overall transferred XRP valued at $510 million. According to popular blockchain tracker Whale
Launched on August 15th, the new cryptocurrency, CyberConnect, is causing a stir with its remarkable surge. Although all coins received a boost from the Grayscale Bitcoin Trust (GBTC) victory over the SEC, they eventually retracted back into the red zone on the chart. However, CYBER, which surged from $3.5937 to
While August is concluding, the altcoin market has witnessed a remarkable surge in Maker (MKR), the governance token of the decentralized finance (DeFi) giant MakerDAO. Amidst an array of price fluctuations across the global cryptocurrency market, Maker stands out with an impressive 11% gain, reaching a value of $1,155. This
Bitcoin formerly had the highest number of long-term investors. However, a new infographic by IntoTheBlock claims that Ethereum has flipped BTC by a difference of nearly 40 million. Both of them had improvements in this statistic when comparing results from the previous year to the present, but Ethereum leads with
In the midst of a bear market, a glimmer of hope emerges with recent news regarding Grayscale Investments, a crypto asset manager. It has achieved a significant victory against the United States Securities and Exchange Commission (SEC) in its pursuit to transform the Grayscale Bitcoin Trust (GBTC) into a publicly
On Tuesday, the federal appeals court ruled that the Securities and Exchange Commission (SEC) must reevaluate the application of Grayscale Investments, a crypto asset manager, to launch the first bitcoin exchange-traded fund (ETF). This ruling marks a setback for SEC Chair Gary Gensler’s attempts to regulate the burgeoning crypto sector.
Amidst a crypto market dominated by bears, the global cryptocurrency market cap stands strong at $1.09 trillion. In the past 24 hours, a minor surge of 0.27% has occurred, reflecting a notable shift of 6.62% from a year ago. While Bitcoin (BTC) asserts its authority with a market cap of
The overall crypto market seems to be stabilizing following a period of intense turbulence. At the time of writing Ethereum is trading at $1,645, up 0.82% in the last 24 hours as per CMC. However, Ethereum’s continuing decline over the previous month becomes more apparent at a wider scale as
This week is poised to bring about a wave of significant token unlocks that could potentially impact prices and trading dynamics in the crypto market. According to Token Unlocks, several notable tokens are scheduled to experience substantial unlocks, leading to heightened anticipation and speculation within the crypto community. Tokens such
