The world of cryptocurrency has long been marked by the 24/7 accessibility of assets like Bitcoin. However, recent data provided by Kaiko paints a different picture of the weekend trading scene for the popular digital currency. The report reveals a significant drop in Bitcoin weekend trading activity, plummeting from 28% in 2019 to only 16%
Sony Group, a prominent conglomerate in Japan, has recently announced its acquisition of Amber Japan’s WhaleFin exchange, which will now be known as S.BLOX Co. The company plans to revolutionize the user interface of WhaleFin and launch a new app to enhance the user experience. Additionally, Sony intends to widen the scope of supported currencies
In a groundbreaking move, Futureverse, a company known for its specialization in AI and metaverse technologies, has forged a strategic partnership with Animoca Brands, a prominent player in digital property rights and blockchain-based entertainment. This partnership aims to revolutionize the metaverse technology landscape by integrating Futureverse’s cutting-edge tools with Animoca Brands’ extensive blockchain product ecosystem.
The month of June was filled with ups and downs for the Bitcoin price, as it experienced significant volatility. The price of Bitcoin reached highs of $72,000 and lows of $58,000, ultimately resulting in a 7.12% decrease. The bears managed to push the price down, leaving many investors wondering if July will bring a different
Keith Gill, also known as “Roaring Kitty,” is currently facing securities fraud claims in connection to the 2021 GameStop frenzy. The class-action lawsuit filed against him on June 28 in the Eastern District of New York accuses Gill of engaging in a “pump and dump” scheme through his social media posts. The complaint alleges that
The Blast Network has recently emerged as a prominent player in the web3 space, offering a unique solution to the scalability and efficiency challenges faced by the Ethereum Mainnet. Launched by the founders of the Blur NFT marketplace, Blast Network’s mainnet, known as Blast Mainnet, went live in February 2024. The platform aims to address
Vitalik Buterin, the co-founder of Ethereum, has once again expressed his apprehensions about the current state of cryptocurrency regulation, specifically within the United States. In a discussion on Warpcast, a decentralized social media platform, Buterin pointed out a regulatory paradox that, in his opinion, is hindering the industry’s progress and credibility. He noted that the
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges and opportunities for regulators around the globe. The European Union has taken proactive steps through the Markets in Crypto-Assets regulation (MiCAR) to provide a harmonized prudential and business conduct framework for crypto asset services. However, a critical gap
The market intelligence platform CryptoQuant has recently highlighted several on-chain metrics that could potentially indicate that the price of Bitcoin has hit a bottom and that the cryptocurrency market is gearing up for a rally. One of the key signals to watch out for is the Bitcoin Bull-Bear Market Cycle indicator, which is currently at
The European Central Bank (ECB) recently revealed plans for the digital Euro CBDC, with an emphasis on privacy and data protection. However, upon closer inspection by crypto entrepreneur Daniel Batten, several disturbing features have come to light. One concerning aspect is the ECB’s intention to limit the amount of digital euros individuals can hold in