Cardano’s On-Chain Activity Defies Market Decline, NFT Price Skyrockets

Cardano’s native token has recently seen a notable decline in its value, dropping by approximately 17% over the last month. However, the on-chain activity has defied expectations, with a 1,700% surge in its weekly transaction volumes since late January. Data suggests that trader interest in the crypto asset has remained unfazed by the depreciation in […]

Crypto Hackers Move Stolen Funds to Crypto Mixers, CertiK Reports $1 Billion Losses in 2023

A recent tweet by Chinese journalist Colin Wu provided an update on a significant crypto hack that took place in August. The hack targeted BitBrowser, a platform frequently used by cryptocurrency enthusiasts who participate in airdrops. The perpetrators of the breach transferred 236.27 Ethereum tokens, worth approximately $386,000, to a crypto mixer named eXch in […]

FTX Liquidations: What Crypto Investors Need to Know

FTX, a top-rated centralized cryptocurrency exchange, imploded late last year, wiping out over $32 billion from the crypto wallet. The current FTX management has reportedly recovered at least $5 billion of liquid assets, and proposed a plan to appoint Mike Novogratz’s Galaxy Digital Capital (GDC) Management as the investment manager charged with overseeing the sale […]

Bitcoin’s Potential Explored by Sora Ventures’ Jason Fang

Jason Fang, founder of cryptocurrency investment firm Sora Ventures, recently shared his insights on the crypto market and Bitcoin’s potential. Fang highlighted the rapid growth of DeFi and NFTs, despite initial skepticism, and believes Bitcoin development is progressing faster than many realize.Recalling the past bear markets, Fang described how the Bitcoin price plunged and his […]

Ripple to Cross-Appeal SEC’s Interim Appeal in XRP Case

Ripple Labs has announced its intention to file a cross-appeal if the SEC’s request for an interim appeal is granted in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Ripple’s Chief Legal Officer Stuart Alderoty has encouraged the crypto community to delve into the details of Ripple’s opposition filing.At […]

Cristiano Ronaldo Takes Lie Detector Test for Binance Crypto Exchange

Cristiano Ronaldo, the Portuguese soccer legend, recently took a lie detector test for the world’s largest crypto exchange, Binance. This activity stirred mixed reactions and speculation from the crypto community. Ronaldo’s lie detector challenge comes two months after he launched his second non-fungible token (NFT) collection called “Forever CR7: The GOAT” on Binance. The duo […]

Tharman Shanmugaratnam Wins Singapore Presidential Election with 70% of Vote

Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore (MAS), has won the election for the city-state’s presidency with more than 70% of the vote. He defeated presidential candidates Ng Kok Song and Tan Kin Lian to become the next president of Singapore and will be sworn into office on Sept. 14. Prior to […]

SEC Likely to Approve Multiple Bitcoin ETFs in Next Six Months

The hopes for a spot in Bitcoin Exchange Traded Funds (ETF) in the United States were recently given a boost after the United States Court of Appeals for the D.C. Circuit ruled in favor of Grayscale Investment and against the SEC. According to a prediction issued by JPMorgan analysts, the United States Securities and Exchanges […]

Decreasing Leverage in Bitcoin Market Signals Growing Caution

The cryptocurrency market is undergoing a shift, with the derivatives market playing a key role in Bitcoin’s price. Futures, options, and perpetual futures are all evolving in tandem with Bitcoin, and a key metric is providing insight into the market’s health. This decrease in leverage could have implications for traders and institutions, as it reflects […]