A recent prediction by a crypto analyst suggests that Ethereum (ETH) could potentially surge to new all-time highs around the $8,000 price mark. This ambitious forecast has sparked optimism among Ethereum investors and enthusiasts. However, it is essential to critically analyze the key conditions that need to be fulfilled for Ethereum to reach this target.
Railgun, a popular crypto privacy protocol, recently made headlines for successfully preventing Inferno Drainer from laundering stolen funds. A recent report by SlowMist’s anti-money laundering tracking system revealed that Railgun intercepted an attempt to launder over 174 ETH, valued at approximately $533,000. As a result, the perpetrators were forced to return the stolen ETH to
Judge Katherine Polk Failla recently criticized Coinbase’s attempts to subpoena SEC chair Gary Gensler in the SEC’s ongoing case against the firm. Failla expressed her concern over Coinbase’s request for Gensler’s statements before he became SEC chair in 2021, deeming the arguments put forth by Coinbase’s lawyer as “speculative” and lacking persuasiveness. Despite acknowledging Coinbase’s
The gaming industry is undergoing rapid evolution, driven by technological advancements and innovative strategies. Anomaly Games, a pioneering Web3 startup, has recently joined the Google for Startups Cloud Program, signaling a game-changer for the sector. This article will delve into the details of this strategic partnership, outlining the benefits it brings and the future prospects
The Cardano blockchain has experienced a period of relative calm since the beginning of July, mirroring a consolidation in ADA’s price. Alongside this, on-chain transaction data has revealed that Cardano whales – holders of large amounts of ADA – have also been relatively inactive since the last week of June. Daily whale inflows have remained
The US House of Representatives recently failed to garner enough votes to overrule President Joe Biden’s earlier Veto and rescind SEC Staff Accounting Bulletin 121. The vote, which took place on July 11, showed that 228 House members voted in favor of HJ Res. 109 to end SAB 121, while 184 voted against the resolution,
Recent data reveals a significant shift in the correlation between Bitcoin and US stocks. Previously, the flagship crypto had a positive correlation with these stocks, which had a positive impact on both Bitcoin and the broader crypto market. However, data from the market intelligence platform IntoTheBlock now shows that Bitcoin’s correlation with the Nasdaq 100
The US Securities and Exchange Commission (SEC) has officially closed its investigation into stablecoin issuer Paxos. This decision comes after over a year of scrutiny and a Wells notice that suggested potential enforcement action against Paxos Trust Company regarding the Binance USD (BUSD) stablecoin. However, on July 9, Paxos received a termination notice from the
Bitcoin (BTC) has recently broken above its bearish trendline, signaling a shift in market sentiment. Traders and investors are optimistic about BTC’s ability to sustain its momentum and reach the $60,152 mark. With a market capitalization of over $1.1 trillion and a trading volume exceeding $24 billion, BTC is currently trading at around $58,119, down
In the midst of challenging market conditions, DWF Labs, a Web3 market maker and investment firm, is not shying away from ambitious plans for growth and innovation. The firm’s recent unveiling of its new website is just the beginning of its commitment to transparency and fair market practices. In 2023, Binance recognized DWF Labs as