Bitcoin Value Tumbles Below $62k, Analysts Hunt Clues!
The cryptocurrency market is in turmoil following a steep decline in Bitcoin value, dipping under the pivotal $62,000 threshold. This drop has worried investors and analysts, prompting a close examination of the causes behind the fall and raising concerns about…
Toncoin Surges Amid Market Slump, But Future Uncertain
Amid a widespread downturn in the cryptocurrency market, Toncoin (TON) shines as a beacon of hope. While most cryptocurrencies are facing selloffs, TON has defied expectations with a 4.80% increase in the last 24 hours, reaching $7.64. This gain has…
Ripple Labs: Class Action Win, XRP Uncertain
Ripple Labs notched a significant victory in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) as a California court dismissed key parts of a related class action lawsuit. However, the dispute over whether XRP, Ripple’s digital…
Blast Rewards Users: Airdrop Details Revealed
As a routine step to attract users to its newly launched blockchain network, Blast, an Ethereum-layer 2 scaling solution, has finally unveiled the launch date for its Airdrop distribution. Blast recently shared a post on X about its upcoming Airdrop….
Consensys Cheers SEC’s Closure of ETH Investigation
The United States Securities and Exchange Commission (SEC), known for its previous anti-crypto stance, has signaled shift in its anti-crypto approach. In a surprising move, the SEC has ended its investigation on Ethereum and MetaMask developed by Consensys, deliberating on…
FOMC Fear: Bitcoin Spot ETFs Bleed $600 Million
Digital asset investment products (Bitcoin spot ETFs) experienced a significant reversal of fortune last week, with CoinShares reporting a total of $600 million in outflows, according to their latest report. This shift is attributed to the recent Federal Open Market…
Ripple Vs. SEC: XRP Lawyer Downplays Bankruptcy Fears
Amidst the intensified discussion following the SEC’s response to Ripple’s letter about the Terraform Labs settlement, XRP lawyer Bill Morgan has recently downplayed worries about Ripple’s ability to pay potential fines to the SEC. He dismissed the claims of Ripples’…
Ethereum Spot ETFs Greenlit! Summer Launch Expected
Following the approval of 19b-4 forms from various Ethereum Spot ETFs issuers, SEC Chair Gary Gensler hinted these ETFs to be approved over the summer for trading . Once the SEC approves Ethereum Spot ETFs, they will become the second…
Tether to Invest $1 Billion to AI and Biotech Ventures
Tether, a major stablecoin issuer, has announced plans to invest over $1 billion in artificial intelligence (AI) and biotechnology (biotech). This significant investment will be managed by its investment arm, Tether Holdings Inc. Tether’s Emphasis on Emerging Markets and Disintermediation…
Apple-Musk Clash Over ChatGPT Integration
The rivalry between Elon Musk and OpenAI has escalated to such an extent that Musk has threatened to ban Apple devices at his companies if Apple integrates OpenAI’s ChatGPT into its iPhone, iPad, and Mac operating systems. In response to…