The popular Solana meme coin DogWifHat (WIF) is currently facing a tough time as it has tumbled by 17% in the last 24 hours, trading at $3.69 at the time of writing. This decline is part of a broader market pullback that has also affected market leaders Bitcoin and Ethereum, with both experiencing a 5%
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Singapore has been making significant changes to its Payments Service Act (PSA) to enhance its oversight of the crypto industry and provide better protection for users. These amendments are part of Singapore’s ongoing efforts to establish itself as a cryptocurrency-friendly hub while ensuring that investor protection remains a top priority. The MAS recently introduced three
As the Bitcoin Halving rapidly approaches, the countdown begins with less than 2,900 blocks left before miners’ rewards are cut in half. Coinwarz data indicates that the Bitcoin Halving is scheduled to occur on April 19 at Block 840,000. Although this projection is based on Bitcoin’s current block time average, the Halving may happen a
In March 2024, the blockchain security firm PeckShield released a report that highlighted a troubling trend in the crypto space. Despite an overall improvement in investor sentiment, the report revealed that there were over 30 incidents of crypto hacks during the month, resulting in approximately $187.29 million in losses. This surge in hacks has raised
Coinbase CFO Alesia Haas recently expressed her belief that Ethereum (ETH) should not be classified as a security. She pointed out that both the SEC and the CFTC have previously stated the same opinion. Haas emphasized that the lack of regulatory clarity surrounding cryptocurrencies in the US is at the core of the classification issue.
Argentina recently introduced new regulations aimed at the country’s cryptocurrency sector, requiring all local crypto firms to register with the regulatory body or face potential shutdown. This move comes after the senate passed legislation approving the Registry of Virtual Asset Service Providers in alignment with the Financial Action Task Force’s recommendations. The goal behind these
Many market analysts are currently fixated on Bitcoin as the Bitcoin Halving approaches, anticipating further price increases for the leading cryptocurrency. However, crypto analyst Jason Pizzino has recently drawn attention to altcoins such as Ethereum (ETH) and Solana (SOL), suggesting that these coins may be poised for significant gains in the near future. Pizzino’s analysis
Bitwise Asset Management, a prominent provider of cryptocurrency index funds, is advocating for the U.S. Securities and Exchange Commission (SEC) to postpone the approval of a spot Ethereum Exchange-Traded Fund (ETF) until December. This strategic move aims to shift the industry’s focus from Bitcoin-related products to highlight the potential and significance of Ethereum in the
Popular cryptocurrency analyst and enthusiast Rekt Capital has recently analyzed the performance of Bitcoin (BTC) and suggested that the cryptocurrency is on the brink of a breakout from a weekly range. According to Rekt Capital, Bitcoin has been trading within a range he referred to as Black-Black, ever since facing an 18% correction. This range
Nakamoto Games, a leading Web3 gaming hub, has announced plans for three major releases in the upcoming weeks, marking a pivotal moment in the company’s journey. The first of these releases, GalacticGrail, is a AAA Collectible Card Game scheduled to launch on April 1st. With promises of setting new standards in the collectible card game