We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
At present, the JUP-USD perpetual is trading at 65 cents on Aevo, indicating a market capitalization of $700 million since its inception. Jupiter, a decentralized trading aggregator built on Solana, is gearing up to introduce its native token, JUP, via an airdrop set for Wednesday at 10 a.m. EST. The initial maximum circulating supply of…
Terraform Labs, the company behind TerraUSD and Luna cryptocurrencies, has filed for Chapter 11 bankruptcy protection, allowing it to appeal the U.S. Securities and Exchange Commission’s (SEC) securities fraud lawsuit. In a filing, Terraform Labs CEO Chris Amani emphasized the necessity of bankruptcy protection for the company’s ongoing operations, creditor and stakeholder value preservation, and…
Bitcoin initiated a positive move, surpassing the $42,000 resistance and clearing hurdles at $42,500 and $43,200. However, encountering resistance around $43,800, the price established a weekly high at $43,779 before a brief correction. A downside correction saw a dip below $43,200, breaking the 23.6% Fibonacci retracement level of the upward swing from $41,650 to $43,779….
summary An Indian citizen named Banmeet Singh admitted to being responsible for operating a substantial dark web drug network. This case led to the biggest seizure of cryptocurrency and cash in the history of the DEA, amounting to $150 million. Singh’s enterprise utilized dark web platforms such as Silk Road and Alpha Bay to distribute…
A Chinese national, Wen Jian, is reportedly facing trial in the UK over an alleged $6.5 billion Bitcoin (BTC) fraud. Jian is accused of converting BTC into cash and property to launder money from a scheme that occurred in China between 2014 and 2017. The fraud allegedly involved stealing funds from over 100,000 Chinese residents….
El Salvador’s enthusiastic governmental push for Bitcoin encountered a surprising setback in 2023 as cryptocurrency payments sharply declined, despite widespread promotion and Bitcoin’s price surge. The Central Bank of El Salvador reported a significant drop in remittances, with funds sent from Salvadorans abroad to local relatives plummeting from $116.4 million in 2022 to $82.93 million…
Veteran Wall Street analyst Linda Jones discusses Ripple’s potential to establish a groundbreaking IPO valuation, emphasizing pre-IPO share value, in an interview with Digital Perspectives. The potential for a 2000% increasement exists in pre-IPO shares. Jones started her analysis by mentioning the current valuation of Ripple’s pre-IPO shares on Linqto, indicating that at $35 per…
In a significant operation against commercial pirate websites, German law enforcement has announced the temporary confiscation of around 50,000 Bitcoins (BTC), valued at approximately $2.17 billion. Executed in mid-January 2024, this marks the most extensive Bitcoin seizure by German authorities to date. The operation was a collaborative effort involving the Dresden Chief Public Prosecutor’s Office,…
Ripple investor and Dizer Capital founder, Yassin Mobarak, has voiced dissatisfaction with the stagnation in XRP’s growth, suggesting that XRP holders might face losses due to unfulfilled promises. Mobarak, a shareholder in Ripple, criticized the departure of two significant validator operators in the XRPL ecosystem and expressed concerns about Ripple’s management. He clarified his desire…
GRIID Infrastructure (GRDI), a bitcoin mining company, recently commenced trading on the Nasdaq Global Market under the ticker symbol “GRDI” while maintaining its presence on Cboe Canada with the same ticker. Following its merger with a special purpose acquisition company (SPAC) Adit EdTech Acquisition Corp, GRIID shares faced a second-day decline on Nasdaq, trading at…