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Detained Binance Executive Pleads Not Guilty; Nigerian Judge Sends Him to Prison
8.4.2024
The Binance executive detained by Nigerian authorities for nearly six weeks has pleaded not guilty to charges of money laundering. Binance expressed deep disappointment that Tigran Gambaryan, who holds no decision-making power within the company, remains in detention. Judge Dismisses Tigran...
South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms
8.4.2024
South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set...
DigiFT Unveils USD Money Market Token for on-chain investment!
8.4.2024
DigiFT, the breakthrough on-chain Real World Asset (RWA) exchange authorized by the Monetary Authority of Singapore (MAS), announces the publication of the DR2 RWA token, the latest-generation product. The Digital Assets Financial Trust Company (DAFTR) is launching a new token, the DigiFT USD Money...
10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%
8.4.2024
The latest data reveals that Blackrock’s spot bitcoin exchange-traded fund (ETF) has increased its bitcoin portfolio, now encompassing 263,937.48 bitcoins valued at $17.88 billion. Spot Bitcoin ETF Reserves Reach New Heights Several U.S. spot bitcoin ETFs have bolstered their bitcoin (BTC)...
Tron (TRX) price outlook rises amid $406 million network fee rise
8.4.2024
Tron’s price has stayed relatively constant in recent weeks, as the cryptocurrency market excitement has faded. On Monday morning, the TRX token traded for $0.12, up marginally from $0.1102 at the end of the previous month. However, it has fallen by more than 16% from its peak this year....
Charles Hoskinson finally responds to Cardano critics
8.4.2024
The vocal founder of Cardano, Charles Hoskinson, has finally responded to the new series of derogatory comments earlier this week that the network’s native coin has received from critics recently. One of the criticisms was from Ben Armstrong, a crypto enthusiast who claimed that Cardano’s ADA...
Render (RNDR) and The Graph (GRT) advocates diversify their holdings with Koala Coin (KLC) a cuddler crypto
8.4.2024
Following a renowned investor’s tweet predicting a 2024 bull run, savvy crypto enthusiasts, including advocates of Render (RNDR) and The Graph (GRT), are rushing to diversify with Koala Coin (KLC). Currently, at presale stage one, priced at $0.014, the Koala Coin charm and promise ignite...
Solana developers rally to combat network congestion
8.4.2024
The Solana network’s transaction speed is limited right now because too many unnecessary transactions are taking place. The Solana developers are trying to remove this bottleneck through software upgrades and improvements. In the last month, the Solana network has been struggling with...
Central Banks Kept Purchasing Gold in February; China Continues Gold Run
8.4.2024
Central banks kept up demand for gold in February, registering net purchases of 19 tonnes. Albeit the purchasing trend continued, purchases fell 58% compared to January’s demand, according to IMF and World Gold Council numbers. China reported the largest gold accumulation, acquiring 12 tonnes...
Las Vegas Sphere Takes BlockDAG to Heights, Analysts Predict 30,000x ROI Amid Solana Price Surge and BNB Smart Chain Upgrade
8.4.2024
Following the latest cryptocurrency events, BlockDAG knows how to run the market with unprecedented presale success. It is nearing $14.7M in its seventh batch, selling over 6.6 billion coins for 0.004, expected to generate 30,000x ROI post-launch. Celebrating the release of the Technical...
Former IRS Criminal Investigations Chief Joins Chainalysis as Global Head of Capacity Building
8.4.2024
Chainalysis revealed that Jim Lee has joined the company as its global head of capacity building. In this capacity, he will focus on collaborating with international agencies to develop effective solutions against cryptocurrency-based crime.
The post Former IRS Criminal Investigations Chief Joins...
China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets
8.4.2024
Two of China’s largest fund management firms have recently been reported to be filing applications for spot bitcoin exchange-traded funds (ETFs), according to regional sources on Monday. Harvest Global Investments and Southern Fund are seeking approval from Hong Kong’s Securities and Futures...
Shiba Inu warns SHIB army: Beware fake Sheboshis!
8.4.2024
The Shiba Inu project team has raised an alert in their dedicated community, known as the SHIB Army, indicating the possibility of fake Shiboshis in the crypto world. Just after their launch in late February, Sheboshis (SHEB) captured the crypto space. Lately, fake Sheboshis have come into...
Ethereum sees a rise in new users as long-term holders sit tight!
8.4.2024
In recent developments, the Ethereum blockchain, also known for its native cryptocurrency, ether, is seeing a rising number of long-term holders. With new data from The Block indicating that one-year active supply is breaking down recent records, we can see that long-term investors remain...
Meme Coins Surge While NFTs Navigate a Rough Patch
8.4.2024
As the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage, delivering unprecedented gains. Against this backdrop, the NFT market contends with a downturn, setting the stage for a potential comeback fueled by innovative projects and a reinvigorated...
HashKey debuts global trading in 20 currencies
8.4.2024
The major advancement on the global scene for HashKey Group, which has ranked itself among the major players in the virtual asset trading platform sector, is that it just bought the “comprehensive digital asset investor protection system license” from Bermudan authorities. This marks...
Ripple’s CEO foresees crypto boom to $5T by 2024’s end
8.4.2024
Brad Garlinghouse, CEO of Ripple, a cryptocurrency startup company, has projected a $5 trillion market capitalization for cryptocurrencies, which might happen this year. The positive projection is supported by a number of significant events in the crypto industry, including macroeconomic reasons...
Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow
8.4.2024
In the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased by 19.3%. Highlighting the Week’s Crypto...
Solana DEX Phoenix secures $20 Million for Ellipsis
8.4.2024
Phoenix, software developers who created the Solana-powered DEX (decentralized exchange), recently secured around $20 million in the Series A funding round for Ellipsis, one of their start-ups. Paradigm initiated the funding round in partnership with Electric Capital and many other industry...
Ethereum Technical Analysis: ETH Rides a Bullish Surge Amidst Cautionary Signals
8.4.2024
In a demonstration of resilience and bullish momentum, ethereum’s price spiked over the $3,600 threshold, marking a significant increase within a 24-hour range that saw lows of $3,372 and highs of $3,644. This uptrend is underpinned by a strong trade volume of $13.40 billion and a market...