The recent approval by the United States Securities and Exchange Commission (SEC) of Ethereum exchange-traded funds (ETF) has sparked excitement in the investment community. This approval comes at a time when the Bitcoin spot ETF market is also experiencing a resurgence, with positive inflows for the second consecutive week. This shift in investor confidence over
Recently, OKX announced that it would be discontinuing its centralized cryptocurrency trading services for residents of Hong Kong starting May 31, 2024. This decision was made in compliance with regulatory requirements, with the exchange citing the withdrawal of its virtual asset service provider (VASP) license application as the reason behind this move. Despite stating that
The team behind the Mollars token presale & project have just released an interesting report via their official X profile. It had already been reported that the “MOLLARS” brand is seeing search volumes from crypto traders that are rivaling Bonk Inu (BONK) and Pepe (PEPE) tokens. Now data from an investor of the new store-of-value
After the much-anticipated Bitcoin halving in April, the cryptocurrency market has been closely watching for signs of a major price breakout for Bitcoin. While there was a brief surge in price to $71,443 last week, Bitcoin soon experienced a retracement, dropping to as low as $66,936. Renowned analyst Rekt Capital has offered some interesting insights
In recent days, the price of Ethereum has been oscillating within a narrow range, fluctuating between $3,949 and $3,627. This comes after a significant rally that propelled the cryptocurrency’s value to surge by over 10%. The current consolidation phase indicates a period of price stabilization and accumulation, hinting at an impending breakout in either direction.
The world bid goodbye to a beloved icon on May 24, as Kabosu, the Shiba Inu known for her role as the face of the famous “Doge” meme, passed away at the age of 18. Kabosu’s owner, Atsuko Sato, a Japanese kindergarten teacher, confirmed the news on Instagram, sharing that the dog had reached the
Coinbase has filed a motion for an interlocutory appeal with the US District Court for the Southern District of New York, accusing the SEC of trying to avoid the Howey test. They argue that the SEC is sidestepping the question of whether a digital asset transaction without post-sale obligations can be classified as an investment
A recent development in the world of cryptocurrency has left many scratching their heads as bankrupt exchange FTX concluded the sale of $2.6 billion worth of discounted Solana tokens. The buyers of these SOL tokens included Figure Markets and Pantera Capital, who managed to secure the final troves of tokens after weeks of auctions. The
The Bitcoin price has seen a slight drop from its recent high of $71,000 to around $67,000, prompting crypto analysts to closely examine the technical indicators to determine the future direction of the price. One analyst, The Signalyst, has pointed out that Bitcoin is now at a critical juncture, with key levels to monitor that
In a unanimous decision on Thursday, the U.S. Supreme Court ruled against Coinbase Inc. in an arbitration dispute stemming from the exchange’s 2021 Dogecoin sweepstakes. The ruling clarified the importance of determining which legal agreement takes precedence when parties are governed by multiple contracts. Justice Jackson emphasized that the question of whether parties agreed to