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Ripple Requests One Week Extension for Documents in SEC Suit
7.2.2024
Ripple has filed a motion requesting an extension of one week to gather and submit documents in its ongoing courtroom battle against the SEC. The documents under examination largely comprise financial statements covering the period from 2022-2023. In addition, the SEC seeks “post-complaint...
New Solana Meme Coin Smog Explodes Onto Jupiter DEX With Airdrop Campaign
7.2.2024
Wednesday, February 7, 2024 – In a landmark launch for the Jupiter DEX, a new Solana meme coin called Smog (SMOG) has been revealed via a fair launch ahead of an upcoming major airdrop event.Much to the excitement of JUP holders and traders on the fresh-faced Jupiter DEX, the new Smog token...
South Korea Exchange Association Petitions OKX for Offering Services Without Approval
7.2.2024
A group of cryptocurrency exchanges known as the Digital Asset Exchange Alliance (DAXA) has reported rival OKX to the financial authorities in South Korea. According to a Feb 7 report, OKX faces regulatory scrutiny by South Korean authorities after a report that it targeted local traders without...
Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs
7.2.2024
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...
Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More
7.2.2024
Aave’s GHO stablecoin has hit the $1 mark after trading below the peg for over six months since its launch in July 2023. The asset’s price hit $1 on Feb 6 following efforts from the wider community, which included integrations with the Aave decentralized finance (DeFi) lending protocol....
Determining Better Bitcoin Stock: Riot Platforms or MicroStrategy?
7.2.2024
  Representing two different ways to invest in Bitcoin (BTC), MicroStrategy (MSTR) and Riot Platforms (RIOT) have skyrocketed this year, mirroring Bitcoin’s price. For reference, the software company MicroStrategy has gained notoriety over the last three years for amassing Bitcoin. Riot...
Is It Too Late to Buy Bittensor? TAO Price Keeps Rising as Viral New Meme Coin Shakes the Market
7.2.2024
Rising decentralized AI token Bittensor has continued to post alluring gains, but can TAO price analysis reveal whether it’s too late to buy Bittensor token? The impressive growth comes as Bittensor accelerates up to a new all-time high in market cap at $3bn (USD) – a move fuelled...
Is Monero Doomed? XMR Plummets, Yet This Bitcoin Protocol Just Hit $10.3 Million in Funding
7.2.2024
After a tumultuous Binance announcement, the leading privacy token Monero has seen its price plummet. This XMR analysis takes a look at whether Monero is doomed to fall even further. Monero token’s huge price drop has been attributed to an announcement from Binance, which yesterday spooked...
Blackrock’s Bitcoin ETF Rockets to Top Five in 2024 ETF Inflows After Just 17 Days
7.2.2024
Blackrock’s Ishares Bitcoin Trust (IBIT) has rapidly ascended to the upper ranks of the exchange-traded funds (ETFs) market, landing among the top five in terms of 2024 inflows in just 17 days, showcasing the burgeoning investor interest in cryptocurrency as a legitimate asset class....
Top analyst says new Solana rival priced at just $0.11 will go to at least $10 during the 2024 bull run
7.2.2024
  In the landscape of decentralised finance, one such project, Retik Finance, has recently garnered significant interest as a potential rival to the established Solana network. Priced at a modest $0.11, Retik Finance has captured the imagination of market observers, particularly with the bold...
Terra Luna Classic Price Prediction as LUNC Bounces 12% From Recent Low – $1 LUNC Possible in 2024?
7.2.2024
Terra’s Luna Classic (ticker: LUNC) has bounced back 12% from a recent low of $0.00008986 posted exactly a fortnight ago. LUNC currently changes hands at $0.0001067, up around 10% from a week ago. It has shed a fraction (1.2%) in the last 24 hours, according to data by CoinGecko. This rally...
Ethereum Price Prediction as It Eyes $2,700 Spike – Is a New Rally Brewing?
7.2.2024
The Ethereum price has gained by 1.5% in the past 24 hours, rising to $2,366 as the market’s biggest altcoin presumably benefits from Solana’s first outage in a year. ETH has now risen by 2% in a week, 6% in a fortnight and by 7% in a month, with the alt also up by a […]
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Solana Price Prediction as Outage Leads to $3 Million in Longs Liquidated – Can SOL Recover?
7.2.2024
Solana’s price has declined by 1% in the past 24 hours, dropping to $95.08 after the coin’s network suffered its first outage for almost a year yesterday. Because of the five-hour disruption, SOL has now declined by 6% in a week, although the alt remains up by 10% in a fortnight and...
This Meme Coin Just Shot Up 450x After Solana’s Restart and Another Crypto Could Pump Soon
7.2.2024
After a seismic DEX launch, this new Solana meme coin has seen its price explode 450x as traders flock to TurboMoon. Discover more in this TMOON price analysis and find out if another crypto could pump next. Indeed, this price pump comes as recent months have seen a huge trend in explosive moves...
Japan’s Financial Services Agency Grants Limited Rights to DAO Member Tokens, Easing Regulations
7.2.2024
Japan‘s Financial Services Agency (FSA) aimed to facilitate the development of decentralized autonomous organizations (DAOs) and clarify the legal framework surrounding them. The FSA has proposed a new amendment to the definition of Article 2 of the Financial Instruments and Exchange Act in...
Hong Kong General Chamber of Commerce Asks Government to Allow Yuan-Linked Stablecoins
7.2.2024
The Hong Kong General Chamber of Commerce (HKGCC) has asked policymakers to consider allowing the issuance of Chinese yuan-linked stablecoins. In a statement released on Tuesday, the influential business organization emphasized the importance of retaining and attracting talent and businesses...
B2C2 Secures VASP Registration Ahead of MiCA Implementation
7.2.2024
UK-based digital asset liquidity provider B2C2 has secured a virtual asset service provider (VASP) registration expanding its operations to Luxembourg ahead of new rules being implemented in Europe. The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European...
MicroStrategy Bolsters Crypto Holdings with 31,755 Bitcoin Purchase in Q4 2023
7.2.2024
MicroStrategy has announced the purchase of 31,755 Bitcoin at a cost of $1.25 billion in Q4 2023, increasing the company’s total Bitcoin holdings to 190,000 units. MicroStrategy’s Fourth Quarter 2023 Financial Results report detailed the extensive acquisition and demonstrated...
Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood
7.2.2024
ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs, offering investors streamlined access to...
Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading
7.2.2024
In a move to position Thailand as a leading digital asset hub, the country’s Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading. The decision aims to promote digital assets as a new alternative tool for fundraising and drive the growth of...