[Jul 18, 2023 2:00 PM] Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a…
[Jul 18, 2023 9:30 AM] XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last…
[Jul 18, 2023 7:30 AM] After the launch of the mainnet on May 3, the SUI token fell into a deep downtrend, which has caused the price to drop by more than 87%. Low user numbers and poor on-chain data have severely clouded the outlook. However, a few days ago, there was a…
[Jul 18, 2023 2:00 AM] The Bitcoin price has fallen to the lower end of its almost one-month trading range between $29,800 and $31,300. Already yesterday, BTC briefly fell to as low as $29,704, only to recover to $30,306 within a few hours. At press time, BTC was again…
[Jul 17, 2023 3:30 PM] Uniswap, the leading decentralized exchange (DEX), has announced the launch of UniswapX, a permissionless and open-source protocol for trading across automated market makers (AMMs) and other liquidity sources. According to the announcement…
[Jul 17, 2023 2:00 PM] The Sui blockchain platform is witnessing a surge of activity, mainly due to its new Web3 game, Sui 8192. Not only is this game boosting blockchain engagement, but it’s also contributing to the bullish run of Sui’s native token, SUI…
[Jul 17, 2023 10:30 AM] zkSync, a blockchain network that aims to make digital self-ownership universally accessible, has announced a major cryptographic upgrade to its proof system. The upgrade involves transitioning to a new STARK-based proof system called Boojum…
[Jul 17, 2023 10:00 AM] This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.
[Jul 17, 2023 5:30 AM] Since the Bitcoin price reached a new yearly high of $31,840 last week, only to invalidate the bullish breakout within a few hours and fall towards $30,000, there has been a strange tranquility in the market. Already since June 23, BTC has been in…
[Jul 17, 2023 12:22 AM] The value and popularity of TerraUSD Classic, or USTC, the algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, have skyrocketed recently. Today, the stablecoin makes a surprise rally, sparking a great deal of interest among investors and…
[Jul 16, 2023 4:00 AM] Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history”
[Jul 16, 2023 2:00 AM] According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto…
[Jul 16, 2023 12:00 AM] Europe’s first bitcoin exchange-traded fund (ETF) is set to launch in July after a 12-month delay caused by the crypto winter. The fund has been authorized in Guernsey, a more flexible jurisdiction, which will ostensibly help to avoid some of the…
[Jul 15, 2023 1:35 PM] Cathie Wood’s investment firm, Ark Invest, has made significant moves in its holdings of Coinbase shares, selling over $50 million worth of shares as the cryptocurrency exchange’s stock continues to surge. This marked the second time…
[Jul 15, 2023 5:30 AM] Dan Morehead, founder and managing partner of Pantera Capital, a digital assets investment hedge fund, has predicted an upcoming bull market for cryptocurrency. In Pantera’s latest letter, Morehead states that blockchain-related assets have…
[Jul 14, 2023 3:00 PM] In a long-awaited decision, Judge Torres ruled in favor of XRP in their case against the U.S. Securities and Exchange Commission (SEC) yesterday. The verdict is a positive development for the cryptocurrency industry, particularly with a focus on…
[Jul 14, 2023 11:30 AM] Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from…
[Jul 14, 2023 8:00 AM] The last 24 hours have been more than interesting for crypto investors across the globe. Thursday, July 13, saw one of the most important lawsuits in the history of the industry come to an end, and the ruling in favor of Ripple triggered a massive…
[Jul 14, 2023 7:00 AM] The crypto market continues to exhibit dynamic shifts as Polygon’s native token, MATIC, outpaces Litecoin (LTC) in the global rankings to secure the 10th spot. This move comes after MATIC experienced a surge of nearly 30% over the past week…
[Jul 14, 2023 12:31 AM] Congressman Ritchie Torres has asked for two separate independent investigations of the U.S. Securities Exchange Commission (SEC) for its "haphazard and heavy-handed approach to digital assets."
[Jul 13, 2023 6:12 PM] Bitcoin is flirting with $32,000 per coin, XRP just posted a 100% intraday rally, and suddenly cryptocurrency prices are green again. The sudden change is all part of a possible perfect storm brewing — one that leads to a dramatic recovery and new…
[Jul 13, 2023 2:00 PM] In a significant legal victory for Ripple, the Southern District of New York has ruled that the company’s programmatic sales and other distributions of XRP did not constitute an offer and sale of investment contracts. However, the court…
[Jul 13, 2023 9:00 AM] Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. And by…
[Jul 13, 2023 3:00 AM] Mike Novogratz, founder of Galaxy Digital Holdings Ltd., recently gave his views about Bitcoin’s future and the anticipated approval of Bitcoin exchange-traded funds (ETFs) in the US, providing a glimpse into what might be in store for the…
[Jul 13, 2023 2:30 AM] Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in…
[Jul 13, 2023 2:00 AM] Within the last 24 hours, Bitcoin and the entire crypto market are experiencing a slight downturn, leaving investors wondering about the reasons behind this dip. Bitcoin briefly rose to $31,009 before falling to 30,254 within a few hours. Ether…
[Jul 12, 2023 7:30 PM] On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months…
[Jul 12, 2023 1:00 PM] A significant development has emerged in the ongoing saga surrounding the defunct criminal online marketplace Silk Road. On-chain data suggest that a massive amount of funds tied to the marketplace is on the move, with more than 9,000 Bitcoin (BTC)…
[Jul 12, 2023 12:00 PM] The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the…
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