U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward
The class action suit from DraftKings buyers alleges that NFTs are investment contracts.
Posts published on July 2, 2024 go to media archive 1/4
Bittensor’s TAO Slides 15% After $8M Wallet Drain Attack
The blockchain was paused early Wednesday to contain the exploit, with security researchers suspecting a private key leakage.
South Korea crypto body says mass token delistings ‘unlikely’ amid new laws
South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months.
Biden's Odds of Dropping Out Surges to 55% on PolyMarket as Obama Raises 'Concerns' About Presidential Campaign
Traders are now giving a 55% chance President Biden abandons his campaign and a 42% chance he does it before the Democratic convention
FET Drops 9% As ASI Token Merger Phase 1 Kicks Off
The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto…
Cardano (ADA) On The Rise: Exploring Upward Momentum and Bullish Prospects
Cardano price started a steady increase above the $0.400 resistance. ADA is now consolidating gains and might aim for more gains above $0.4225. ADA price started a fresh increase and traded above $0.420. The price is trading above $0.4120 and the…
CleanSpark mined 445 Bitcoin in June, surpasses hash rate target
CleanSpark’s CEO Zach Bradford said his firm has set its sights on increasing future hash rate instead of branching out to alternative revenue streams.
Bahamas to Mandate Banks to Distribute Central Bank Digital Currency
The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle…
XRP Price Dip: Should Investors See This as a Buying Chance?
XRP price extended gains and tested the $0.4880 resistance zone. The price corrected gains but the bulls are now protecting the $0.4765 support. XRP price is correcting gains from the $0.4880 resistance zone. The price is now trading above $0.4750…
ETH Price Dips As Ethereum ETF Approval Faces Delay
Ethereum (ETH) price has encountered a setback after briefly surpassing the $3,500 mark on Monday, dropping once again to the $3,400 support level on Tuesday. The delay stems from the expected full approval by the SEC for Ethereum ETF applications…
Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin
Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called…
Ethereum Reverses Course: Can ETH Bulls Save The Day?
Ethereum price failed to climb above the $3,520 zone and corrected gains. ETH is now showing bearish signs below the $3,400 support zone. Ethereum started a downside correction after it failed to surpass the $3,520 zone. The price is trading below…
TON blockchain integration enhances digital asset security
Cobo expands its digital asset custody solutions by integrating the TON blockchain, enhancing security and flexibility for institutional clients.
Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When
Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook…
Bitcoin Price Takes a Step Back: Analyzing The Recent Correction
Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500…
JPMorgan: Ant International Processes Billions of Dollars Using JPM Coin
A JPMorgan report reveals that JPM Coin has processed billions of dollars seamlessly with Ant International, the global arm of Ant Group, which owns and operates Alipay. The report emphasizes plans for client-hosted blockchain nodes, currently…
Meta seeks to use generative AI in its metaverse, job listing shows
Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI.
Sydney Sweeney’s X account hacked to promote crypto memecoin
The self-proclaimed hacker behind Sydney Sweeney’s X account also claims they were behind similar recent hacks on 50 Cent and Hulk Hogan.
Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge
Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern. Bollinger Bands Signal 200% Bitcoin Surge According to the…
Ethereum will outperform Bitcoin after ETF launch: K33 Research
The price of Ethereum could be bolstered by inflows into upcoming U.S. spot ETFs, while Bitcoin faces headwinds from Mt. Gox creditor repayments.
Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe
Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users to access 10 leading crypto…
SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions
The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate Capital Corp., the holding company for Silvergate…
XRP Price Attempts Bullish Decoupling Amid Major Developments
The XRP price continues to remain suppressed under the heat of the Ripple vs. the United States Securities and Exchange Commission (SEC) legal battle. This suppressed price action has continued to discourage investors when its comes to the altcoin…
Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August
Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining…
PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance
On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency…
Trump’s 2024 Election Odds Jump to 66% on Polymarket; GOP Expected to Control Congress
Donald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294 million indicates that incumbent President Joe Biden’s chances stand…
Aave protocol’s GHO stablecoin now live on Arbitrum
The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink's CCIP interoperability protocol.
3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in
Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price.
Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak
Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the…