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Legal Twist Keeps Terraform Labs’ Co-Founder Do Kwon in Montenegro, Appeals Court Questions Extradition Grounds
8.2.2024
Following the Montenegro Appeals Court’s decision to reject the extradition requests for Terraform Labs co-founder Do Kwon, the panel from the Appeals Court has nullified the latest decision by Podgorica’s High Court to extradite Kwon to either South Korea or the United States. This...
XRP Price Prediction as Whales Ramp Up Bullish Bets Despite Slump – Huge Pump Incoming?
8.2.2024
The XRP price has increased by 2% today, rising to $0.5129 as the wider cryptocurrency market enjoys a 3.5% gain in the past 24 hours. XRP’s move also comes amid an increase in leveraged long positions among large traders, with XRP’s long/short ratio on OKX reaching its highest position...
Fidelity’s quarterly report sees Bitcoin and Ether as promising
8.2.2024
Fidelity has published its quarter breakdown, showing how the market may react for Bitcoin and Ethereum. Per that report, the short and long term outlook is positive. The conclusion reflects sentiments as of the end of 2023. It does, however, consider the upcoming Bitcoin Halving, emphasizing...
Crypto Platform Haru Invest’s Top Executives Arrested for Allegedly Embezzling $826 Million
8.2.2024
The leadership of Haru Invest finds itself behind bars, facing allegations of defrauding 16,000 customers by embezzling hundreds of millions of dollars under the guise of offering safe, high-yield crypto investments. Haru Invest Executives Arrested for $826 Million Embezzlement South Korean...
Solana (SOL) rival priced at only $0.1 is expected to reach $16 in 2024
8.2.2024
In the dynamic realm of cryptocurrency, where fortunes can be made and paradigms can shift in the blink of an eye, the emergence of a potential rival to Solana (SOL) priced at a mere $0.1 has set the stage for an electrifying narrative. With experts forecasting a monumental surge to $16 by 2024...
Lucrative Opportunities in Crypto Market – BITmarkets Offers 100% Trading Bonus
8.2.2024
BITmarkets has announced that it will offer its customers a 100 percent trading bonus. It has said that the promotional strategy is part of its commitment to enhancing the trading experience on the platform. The core objectives of rolling out a 100% trading bonus are to foster crypto engagement...
SEC and NASAA Clamp Down on TradeStation with Hefty $3M Crypto Fine
8.2.2024
The Securities and Exchange Commission (SEC) has taken action against TradeStation Crypto for failing to register the offer and sale of a cryptocurrency lending product that promised investors the opportunity to earn interest. On Wednesday, the Florida-based company agreed to settle the charges...
SURF Reward and TG.Casino offer crypto rollercoaster for investors
8.2.2024
The crypto market has been a profitable venture for investors worldwide. Some investors even find crypto presales to be more profitable than standard trading. Investing in promising crypto presales offers unmatched discounts, better shares, and immense monetary opportunities. That is why crypto...
Can Cardano compete with Ethereum’s dominance?
8.2.2024
Blockchain technology has transformed our understanding and implementation of secure, decentralized systems. One noteworthy platform is Cardano, which distinguishes itself through its emphasis on sustainability, scalability, and transparency. Employing a research-driven methodology, Cardano seeks...
Paradigm Backs Prediction Market in Legal Battle Against CFTC
8.2.2024
Paradigm has stepped up to back Kalshi in its legal battle against the Commodity Futures Trading Commission (CFTC), defending the right to offer prediction markets in the U.S. Congressional elections, and arguing for the critical role such markets play in risk management and information...
ICE-Backed Bakkt Alerts of Possible Closure, Cites Cash Crisis
8.2.2024
Bakkt, the cryptocurrency platform backed by the Intercontinental Exchange (ICE), has issued a warning about its financial health. In a recent document filed with the U.S. Securities and Exchange Commission (SEC), Bakkt outlined its financial challenges, stating concerns over its ability to operate...
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
8.2.2024
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers detailed...
Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’
8.2.2024
Nasdaq-listed Microstrategy has increased its cryptocurrency holdings to 190,000 bitcoins, having acquired 31,755 additional coins since the end of the third quarter. The company now considers itself “the world’s first Bitcoin development company,” with a unique value...
SEC Delays Decision on Invesco and Galaxy Digital’s Spot Ether ETF
8.2.2024
The United States Securities and Exchange Commission (SEC) has delayed its ruling on the Invesco Galaxy ether exchange-traded fund (ETF), and has now been pushed to potentially July 2024 after opening the proposal to public comments. Invesco and Galaxy Spot Ethereum ETF Decision Delayed by SEC...
Blockchain Could Have Saved Americans $74 Billion on Credit Card Fees: Coinbase
7.2.2024
Coinbase, a leading cryptocurrency exchange, has emphasized the potential of blockchain technology to save American consumers billions of dollars in its latest “State of Crypto Report,” released on Wednesday. According to the report, consumers could have collectively saved a minimum...
Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
Bitmain’s Mining Firm BitFuFu Set to Go Public in the U.S. via SPAC
7.2.2024
BitFuFu, a bitcoin mining firm affiliated with Bitmain, a prominent player in the cryptocurrency mining industry, is advancing towards a public listing in the United States through a merger with a special-purpose acquisition company (SPAC). On December 31, BitFuFu filed an F-4 form with the U.S....
Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank
7.2.2024
The Federal Reserve terminated its enforcement action against Washington-based Farmington State Bank, previously known as Moonstone Bank and linked to FTX’s Alameda Research. Federal Reserve Terminates Enforcement Action of FTX-Linked Farmington Bank The Federal Reserve Board has officially...
Bitcoin Price Pushes Above $44,000 as Bulls Regain Control – Where Next for BTC?
7.2.2024
The Bitcoin (BTC) price just hit its highest level since the 12th of January above $44,000. The world’s largest cryptocurrency by market cap seems to be taking its cue from bullish momentum in US equities. The S&P 500 came within a whisker of hitting the 5,000 level for the first time...
FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services
7.2.2024
Prometheum, the first U.S. special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency ethereum. This announcement arrives amidst a period where the prominent crypto asset, ethereum...