On December 31, 2023, Celsius Network took a significant step in its ongoing legal battle by filing a notice of appeal against U.S. District Judge John Dorsey’s recent ruling. Dorsey had dismissed Celsius’s ambitious $2 billion disparagement claim directed at the now-defunct cryptocurrency exchange FTX. This appeal shines a light on the intricate and often
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On December 31, 2023, the Swiss Federal Chancellery took a significant step forward by registering an initiative aimed at enabling the Swiss National Bank (SNB) to hold Bitcoin as part of its official reserves. Driven by a coalition of Bitcoin proponents, this initiative, headed by notable figures such as Giw Zanganeh of Tether and Yves
Bitcoin has garnered considerable attention over the years, often exhibiting distinct seasonal patterns, particularly during the halving years. Historically, the latter part of each halving year has seen a surge in demand, which typically led to bullish price movements. However, recent developments in the Bitcoin market suggest that the anticipated seasonal bullishness is beginning to
The implementation of the Markets in Crypto Assets Regulation (MiCA) in the European Union signifies a pivotal moment in the landscape of digital asset governance. As the EU steps forward with this comprehensive framework, stakeholders in the cryptocurrency and digital asset sectors are tasked with navigating a new regulatory terrain that promises both challenges and
On January 2, Binance, the preeminent cryptocurrency exchange by trading volume, announced that it has received regulatory approval from the Central Bank of Brazil to acquire Sim;paul, a local broker-dealer licensed to engage in financial activities. This approval marks a historic milestone, making Binance the first crypto exchange in Brazil to hold such a designation.
In the tumultuous world of cryptocurrencies, the Shiba Inu (SHIB) token has managed to capture significant attention and investor enthusiasm. One of the key factors underlying its recent success is the strategic reduction of its circulating supply. Within the past year, this popular meme coin saw billions of its tokens sent to an inactive wallet,
The gaming landscape is on the brink of transformative change, with Web3 gaming poised to take center stage in early 2025. Driven by advancements in blockchain technology and the integration of non-fungible tokens (NFTs), developers are crafting experiences that empower players with tangible ownership over their in-game assets. Unlike traditional gaming systems, where ownership is
As 2024 unfolds, Ethereum’s performance has raised eyebrows within the cryptocurrency community, particularly when juxtaposed against the exceptional surge of Bitcoin, which has surged over 120% to achieve a six-figure all-time high. In contrast, Ethereum has managed a lackluster 47% increase without breaking the $4,000 trading barrier or establishing a new peak price. This disheartening
In the rapidly evolving landscape of cryptocurrencies, few tokens have captured investor attention like Ripple’s XRP, especially following the recent U.S. presidential elections. This article examines the dramatic price movements of XRP in late 2024 and explores the factors influencing its ascent, particularly the impact of anticipated shifts in the regulatory environment under President Trump.
The cryptocurrency world has witnessed its fair share of legal controversies, but few have captured attention quite like the case of Tornado Cash. This decentralized crypto mixing protocol has been under intense scrutiny, primarily due to allegations that it facilitates money laundering and other illicit activities. In the eye of this storm stands Ethereum co-founder