Shiba Inu (SHIB), the well-known meme cryptocurrency, has encountered turbulence over the past two weeks, suffering a significant 13% drop in its market value. This downturn aligns with a wave of negativity observed within the community, particularly on messaging platforms like Telegram. The sentiment analysis reveals that a staggering 45% of messages related to SHIB
On Friday, October 11, approximately 18,800 Bitcoin options contracts are set to expire, culminating in a notional value of around $1.1 billion. This expiration comes in the context of declining implied volatility, a trend akin to the previous week’s expiry, indicating a more subdued atmosphere within the options market. With a diminished influence on the
Fidelity Investments, a leading global asset manager, experienced a significant data breach in August 2024 that compromised the personal information of over 77,000 customers. This breach, occurring between August 17 and August 19, involved unauthorized access to two customer accounts. As a result, sensitive details such as full names, Social Security numbers, and driver’s license
On October 11, 2023, Binance, the world’s largest cryptocurrency exchange, made a significant move by introducing trading bot services for three specific trading pairs: PEPE/FDUSD, SUI/FDUSD, and EIGEN/TRY. This expansion comes with caveats, notably regional restrictions which prevent users from certain countries from utilizing these new services. At the same time, Binance also announced the
The realm of digital finance is experiencing a transformative shift, with stablecoins playing a pivotal role in redefining transactions and financial security. Recognizing the urgent need for a comprehensive framework to regulate these digital assets, Senator Bill Hagerty (R-TN) has introduced a discussion draft aimed at standardizing the legal landscape for stablecoin issuers. This initiative
The clash between regulatory bodies and crypto firms is becoming more pronounced as the Securities and Exchange Commission (SEC) takes decisive action against market participants. The recent charges against Cumberland DRW, a Chicago-based cryptocurrency market maker, raise significant questions about compliance, the nature of cryptocurrency itself, and the overarching regulatory framework that governs it. On
In the evolving landscape of online gaming, TON Kombat stands out as a significant player within the Telegram ecosystem. With millions of users drawn to its dynamic gameplay and fierce arena battles, it represents a unique convergence of competitive leisure and strategic thinking. As participants engage in this virtual brawl, they align themselves with one
The legal troubles of Binance, the world’s largest cryptocurrency exchange, have gained significant attention as the Nigerian Securities and Exchange Commission (SEC) continues its pursuit of the company and its executives. Central to this case is Tigran Gambaryan, Binance’s head of financial crime compliance, who has been detained in Nigeria since February 2023. The protracted
Best Owie’s journey in the world of cryptocurrency journalism is a testament to perseverance, dedication, and an insatiable quest for knowledge. With over six years of experience as a seasoned managing editor at NewsBTC, Best has navigated the evolving landscape of the crypto industry, proving to be an indispensable voice in a field often riddled
Cardano (ADA) has recently emerged as a focal point within the cryptocurrency market, now hovering at a significant price level of around $0.34. This comes after a tumultuous period characterized by severe price fluctuations, including a notable 27% surge followed by a significant 20% correction, and subsequent movements of 10% and 7%. Presently, Cardano is