The non-fungible token (NFT) market has seen a slight downturn in the past seven days, recording a trading sales volume of $83 million, a 13% drop from the past week. Ethereum-based NFTs have been the most traded NFT collection this week, recording a sales volume of $49 million, a 17% drop from the past week. […]
The People’s Fund of Maui, a relief fund championed by A-list celebrities Oprah Winfrey and Dwayne ‘The Rock’ Johnson, is accepting donations in cryptocurrencies to help those affected by the wildfires on the island of Maui, Hawaii. The fund will provide direct financial support to those affected, with every adult resident who lives in the […]
Elon Musk, the CEO of X (formerly known as Twitter), has put an end to the rumors of the development of an “𝕏 coin” to reward creators on the platform. He responded with a “no” to the speculation. This news has been met with disappointment from the cryptocurrency community, particularly Dogecoin supporters, who had hoped […]
Dave Armstrong, the founder of BitBoy Crypto, has recently announced his farewell to the cryptocurrency community. Armstrong’s statement revealed his personal struggles and his commitment to the cryptocurrency community. Armstrong’s statement was released on September 1, 2023. He expressed his gratitude to the community for their support and understanding. Armstrong also shared his struggles with […]
Bitwise Asset Management has unexpectedly withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF) filed with the Securities and Exchange Commission (SEC) on Aug. 3. The ETF was intended to invest in either Bitcoin Futures Contracts or Ethereum Futures Contracts, depending on their relative market capitalization. The withdrawal statement […]
Coinbase has announced that it will start trading in PayPal’s newly launched stablecoin, PYUSD, on Aug. 31, provided that liquidity conditions are met. Trading will begin “on or after 9 AM PT” and will be rolled out in phases for the PYUSD-USD pairs, although restrictions may apply in certain jurisdictions. Last week, Coinbase hinted at […]
Grayscale Investments recently won a landmark victory over the US Securities and Exchange Commission, which could be a huge turnaround for the entire crypto industry. The SEC had previously rejected the firm’s request to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin offering. A three-judge panel agreed that the denial of Grayscale’s proposal […]
The Terra Luna Classic community is abuzz with excitement over a revolutionary proposal to introduce a decentralized debit card specifically designed for LUNC, the native cryptocurrency. The debit card aims to skyrocket utility and transactions within the ecosystem, promising a seismic shift in how cryptocurrency is used in everyday life. Proposal 11750, dubbed the “LUNA […]
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on multiple pending Bitcoin ETF applications, including those from major investment firms such as WisdomTree, BlackRock, Fidelity, VanEck, and Invesco Galaxy. Following the announcement, Bitcoin’s market value experienced a 5% decline, tumbling down to $26,100.The delay comes in the wake of Grayscale’s […]
Trust Machines, a company building the largest ecosystem of Bitcoin applications, has launched its flagship wallet brand, Leather. Leather is a Bitcoin wallet with the mission of driving the global transition to a digital economy built on Bitcoin. The wallet supports Stacks L2 functionality, Bitcoin Ordinals, and other Bitcoin-secured assets. Leather provides users with the […]
