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Litecoin Price Prediction as $1 Billion Trading Volume Comes In – Are Whales Buying Before the Halving?
18.5.2023
Litecoin (LTC) is on course for its first red day in five as the broader cryptocurrency market experiences a dip as US yields and the US dollar gain in wake of strong US data releases that push back against US recession bets, and after commentary from Fed speakers puts in doubt the idea that...
Gala Games does away with 21 billion GALA tokens
18.5.2023
Gala Games has taken the opportunity of coming out with its declaration that it has done away with nearly 21 billion GALA tokens. At the present point in time, the overall value of this is over the amount of $637 million. This is following its V2 token airdrop. The tokens were part of its reserves...
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
17.5.2023
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....
Distributed ledger tech could save TradFi $100B a year: Lobby group
17.5.2023
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously
De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year
15.5.2023
Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade...
Bitcoin Price Prediction as $8 Billion Trading Volume Comes In – Is the BTC Sell-Off Finally Over?
14.5.2023
In light of a remarkable $8 billion trading volume influx, Bitcoin's future valuation has become a hot topic among traders and investors.
This surge has sparked a flurry of speculation - could this be the end of Bitcoin's recent sell-off?
This Bitcoin price prediction seeks to explore potential...
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
13.5.2023
Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy...
Dogecoin Price Prediction as DOGE Reaches $10 Billion Market Cap But Crypto Experts Say AiDoge is a Better Buy – Here's Why
12.5.2023
The price of Dogecoin (DOGE) has dropped by 1.5% in the past 24 hours, with its slip to $0.070790 canceling out a brief return to a $10 billion market cap earlier this morning.
DOGE's fall today means it has lost 10% in a week and 13.5% in the last 30 days, with the meme token now up by only 0.5%...
Tether Announces Q1 Profit of $1.48 Billion and Discloses Bitcoin, Gold Reserves
11.5.2023
Stablecoin issuer Tether has announced a profit of $1.48 billion for the first quarter of this year, after rising interest rates helped the company earn higher returns on its massive reserves.
In addition to announcing the massive billion-dollar profit, Tether revealed in a press release...
Account abstraction could bring the next billion users to Ethereum: Ambire CEO
11.5.2023
In episode 19 of Hashing It Out, Ambire founder and CEO Ivo Georgiev explained a new technology aiming to bring increased flexibility and security to the Ethereum network
XRP Price Prediction as $1 Billion Trading Volume Floods In – Can XRP Reach $3 in 2023?
11.5.2023
The XRP price has dropped by 0.5% in the past 24 hours, dipping to $0.425301 amid a similar fall for the cryptocurrency market as a whole.
XRP is now down by 7.5% in the past week and by 18.5% in the last 30 days, yet it has risen by 25% since the start of 2023, with the wider market so...
FTX Bankruptcy Sees $44 Billion Claims from U.S. Internal Revenue Service
11.5.2023
The US Internal Revenue Service (IRS) has filed tax claims worth a staggering $44 billion against bankrupt crypto exchange FTX and its affiliated entities.
According to recent bankruptcy filings, the IRS has put forth a total of 45 claims against FTX companies related to unpaid taxes which could...
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million
11.5.2023
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176...
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
10.5.2023
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
10.5.2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external...
U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy
10.5.2023
The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes
PayPal's Crypto Holdings Approach $1 Billion, Primarily in Bitcoin and Ether
10.5.2023
PayPal has disclosed that it holds nearly $1 billion in cryptocurrencies on its balance sheet, mainly consisting of BTC and ETH.
In its latest quarterly financial performance report, the financial payments giant revealed that it holds $943 million worth of customer assets in bitcoin, ether...
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...
$3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s story
9.5.2023
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...