The U.S. Securities and Exchange Commission (SEC) has recently decided to postpone the trial against Terraform Labs and its former top executive. The SEC deemed a small delay necessary since Terraform Labs’ co-founder, Do Kwon, intends to attend the trial. Kwon has agreed to extradition from Montenegro and is expected to arrive in the U.S.
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Chainlink’s native token, LINK, recently experienced a significant downturn, dropping below the crucial $13 support level due to speculations surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). However, the latest data suggests that LINK is now enjoying a “mild decoupling” from the rest of the altcoin
The crypto market is continuously evolving, driven by various factors such as the launch of Bitcoin ETFs and upcoming events like the Bitcoin halving in 2024. For investors looking to diversify and strengthen their investment portfolios, it is crucial to identify top cryptocurrencies that offer unique models and real-world utility. In this article, we will
The recent launch of the Bitcoin ETF has seen a positive impact on the Ethereum price. However, the movement of ETH holdings by Celsius Network, a bankrupt crypto lender, has raised concerns about potential destabilization. On-chain data analyzed by crypto market intelligence company Arkham Intelligence reveals that Celsius Network transferred over $125 million worth of
It has been a roller coaster ride for ENS (Ethereum Name Service) investors. As of this writing, ENS is trading for $24.63, down nearly 4% in the last 24 hours. The project has a market capitalization of $761 million, with a 31 million ENS supply in circulation. However, just a few months ago, ENS was
In recent days, the leading BRC-20 ordinal token, ORDI, has experienced a sudden drop in price amidst a hard-fought consolidation. This has led some panicked holders to question whether ORDI price is headed towards zero. The consolidation period comes after ORDI hit a new all-time high of $92.22 on January 2. Despite the heightened fear
In a recent analysis conducted by crypto intelligence firm ChainArgos, serious allegations have been made regarding the involvement of the Polygon team in secret sales of MATIC tokens, potentially leading to a suppression of the token’s price. This revelation has sparked concerns about token allocations, the flow of funds to exchanges, and the overall integrity
The United States Securities and Exchange Commission (SEC) recently granted approval for Spot Bitcoin ETFs. However, TD Cowen, a prominent American investment bank and financial service firm, predicts potential delays in the approval process of Ethereum Spot ETFs. This article explores the reasons behind TD Cowen’s forecast and considers the perspectives of other market analysts
In a groundbreaking collaboration, MeetKai, a leader in metaverse and conversational AI technology, has joined forces with Tripadvisor, a renowned travel guidance platform. This partnership aims to revolutionize the way travel enthusiasts explore destinations worldwide by offering immersive metaverse experiences. Additionally, MeetKai has announced its upcoming metaverse launches and advancements in its Generative AI platform,
Traders in the crypto world are eagerly anticipating a potential breakout for Chainlink (LINK) as the price hovers near the $16 mark. The consolidation between $13.00 and $17.00 that LINK has experienced since November is classic market cycle behavior, which presents lucrative opportunities for astute traders. Technical analysts are buzzing with bullish scenarios, pointing to