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
OpenSea has recently launched a new initiative known as the “Get Based” series. This series is designed to shine a spotlight on artists who are creating on Coinbase’s Base network, which is an Ethereum Layer 2 (L2) solution. The main goal of the “Get Based” series is to highlight the works of up to 15
Dogeverse (DOGEVERSE) is currently in the final stages of its presale, with a deadline set for June 3, 2024. This multi-chain meme token has already raised a staggering $15 million, highlighting its popularity and potential in the cryptocurrency market. The token is priced at $0.00031, and many believe that its value will skyrocket once it
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has recently expressed concerns about the potential market dynamics that could follow the approval of spot Ethereum ETFs. His warning comes as the market eagerly awaits this new development, with Fahrer cautioning that the transition may not be as smooth for Ethereum as some
Cryptocurrency analysts continue to make bold predictions about the future of Bitcoin, with one analyst, known as ‘CrediBullCrypto’, forecasting an “ultra bull scenario” for the digital asset. This article will delve into the key insights provided by the analyst and the technical patterns that suggest a potential price rally above $80,000 in the current market
Recently, the U.S. District Court for the Western District of Texas issued a partial summary judgment in favor of the Securities and Exchange Commission (SEC) in a case involving prominent crypto influencer Ian Balina. The court determined that Balina had offered and sold SPRK Tokens as securities in unregistered transactions, a violation of US securities
Recently, the United States House of Representatives made a significant decision regarding Central Bank Digital Currencies (CBDCs) by voting in favor of a bill that would prevent the Federal Reserve from directly issuing a CBDC to its citizens. This decision has stirred up debates and discussions within the online crypto community and among legislators. The
In a recent interview, Charles Hoskinson, the CEO of IOG, did not hold back in his criticism of Bitcoin and its fervent following. Hoskinson went as far as to compare the Bitcoin community to a religion, stating that the crypto industry has evolved past the need for Bitcoin to survive. Hoskinson pointed out that Bitcoin’s