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Chainlink Price Prediction as Rally Extends to 22-Month High – Can LINK Reach $100?
6.2.2024
The Chainlink price has dropped by 1.5% in the past 24 hours, sinking to $19.01 on a day when the cryptocurrency market as a whole has made a very modest 0.3% gain. Yet LINK has been on a role as of late, with the altcoin sitting on a 26% increase in a week and a […]
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Bernstein Analysts Predict Bitcoin Price Will Reach $70,000 This Year, Say There Are “No Headwinds”
6.2.2024
Analysts at investment firm Bernstein expect Bitcoin (BTC) to resume its upward trajectory, surpassing its previous all-time high of $69,000 and potentially reaching $70,000 this year. The analysts expressed confidence in the cryptocurrency’s risk-reward profile, stating that no significant...
Cryptocurrency craze: AI-powered innovation in the world of crypto
6.2.2024
AI or artificial intelligence plays a multifaceted role in the cryptocurrency landscape and for those looking to navigate the evolving world of AI-powered crypto confidently. AI has introduced a layer of consistency and reliability, adapting swiftly to rapid market changes and ensuring that...
Hong Kong Securities Regulator Issues Warning to Unlicensed Virtual Asset Trading Platforms
6.2.2024
The region’s securities regulator has said that Hong Kong crypto investors must only use or trade on approved virtual asset trading platforms. The regulator urged crypto investors using platforms not featured on its two lists to close accounts or transfer funds to licensed entities. Verifying...
Ripple rides the wave: Emerging markets drive XRP adoption in 2024
6.2.2024
Ripple Labs Inc. is a notable fintech company for its unique cross-border payment belts. The foundation of Ripple’s ecosystem is XRP, a digital asset created for quick and inexpensive international payments. With the growth of globalization, the need for a smooth transfer of payments across borders...
Ethereum price soars: 2x surge predicted this year?
6.2.2024
Ethereum is going steadily above $2,300 at the time of drafting this article. More specifically, the token is exchanging hands at $2,309.65, increasing to 0.705 in the last 24 hours. It further marks a jump of 0.30% and 3.63% in the last 7 and 30 days, respectively. ETH surpassing $2,300 was a rare...
Court rules in favor of the SEC against Ripple in XRP lawsuit
6.2.2024
Judge Sarah Netburns has ruled in favor of the US Securities & Exchange Commission, allowing them to access crucial documents from Ripple. This is part of the ongoing lawsuit, which has been running for over a year. Both parties are in the remedy phase. Ripple did mark a partial win when Judge...
Tether Launches Tether Edu, Expands Educational Initiatives in Emerging Markets
6.2.2024
Tether, the largest stablecoin company, has announced the launch of Tether Edu, an initiative that will concentrate all of the global educational and learning programs of the institution. Tether Edu will focus on emerging markets, offering courses and hybrid programs in blockchain, artificial...
Janet Yellen Calls for Crypto Regulation in Congressional Testimony, Citing Financial System Risks
6.2.2024
Treasury Secretary Janet Yellen, in her forthcoming appearance before the House Financial Services Committee, is set to emphasize the potential dangers the cryptocurrency industry presents to financial stability, advocating for legislative action to regulate digital assets effectively. Treasury...
Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements
6.2.2024
The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements...
California School Officials Plead Guilty to Running Crypto Mining Scheme With School Resources
6.2.2024
A sophisticated scheme to defraud Patterson Joint Unified School District has been unveiled, with senior officials Jeffrey Menge and Eric Drabert at the helm, using the district’s resources to mine cryptocurrency illegally, as disclosed by the DOJ. School Officials Plead Guilty to Crypto Mining...
Artists Ordered to Pay $9 Million in BAYC Copyright Dispute
6.2.2024
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
6.2.2024
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers that have been more compliant with existing regulations...
Former Terraform Labs Financial Officer Has Been Extradited to South Korea — Montenegro Police
5.2.2024
Montenegro recently extradited the former Terraform Labs financial officer Han Chang-joon to South Korea where he faces fraud-related charges. According to the Montenegro police, the decision to extradite Han was made by the country’s Justice Ministry. Han Faces Criminal Charges in South...
Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks
5.2.2024
Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...
Indian Government Rejects Binance’s Plea to Resume Operations, Demands PMLA Compliance
5.2.2024
Cryptocurrency exchange Binance is engaged in discussions with the Indian government to regain access to its mobile app and website in the country following its delisting from Apple’s India app store. While Binance is prepared to pay taxes and penalties, it is currently unwilling to comply...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Victoria VR Aims to Be the First Crypto-Related App for Apple’s Vision Pro
5.2.2024
Victoria VR is slated to become the inaugural crypto-related application for the Apple Vision Pro. With a focus on active user engagement and a blockchain-based economy, the game will have to navigate the challenges posed by App Store policies as it relates to applications involving crypto....
Blockchain Parser Discovers Strange Spending of $58.7M Worth of Sleeping Bitcoins From 2017
5.2.2024
In the past week, several strange movements of dormant bitcoins have captured the attention of onchain analysts, with nine transactions on Jan. 31, 2024, mobilizing 726 bitcoins that had been stagnant since Mar. 30, 2016. Merely two days after, a staggering 1,210 bitcoins, originating from...
Bitcoin (BTC) users pouring into DeeStream (DST) last week as Ripple (XRP) holders are selling
5.2.2024
  Can anything ever get better than Bitcoin (BTC)? Bitcoin (BTC) has long established itself as the leading cryptocurrency in the world. However, a new coin, DeeStream, has got Bitcoin (BTC) users pouring into its project in droves. Not just that, Ripple (XRP) holders are selling off their...