We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
The legal tug-of-war between the United States and South Korea over the extradition of Terra founder Do Kwon continues to unfold. Despite a recent high court ruling overturning the plans for extradition, the U.S. Department of Justice remains steadfast in its intention to bring Kwon within U.S. borders, as reported by Bloomberg on March 8….
El Salvador, one of Central America’s smallest and most densely populated countries, stands poised to potentially join the ranks of the world’s wealthiest nations, thanks to its Bitcoin holdings. In a landmark move, the nation became the first globally to adopt Bitcoin as legal tender in September 2021. Building upon this groundbreaking decision, President Nayib…
On Tuesday, the price of Bitcoin surged to an unprecedented high of $69,000, maintaining its position around the $67,000 mark. However, according to crypto market data provided by on-chain data provider CryptoQuant, there are indications of a potential short-term pause or correction looming, attributed to the rapid escalation of prices. Data from CryptoQuant reveals that…
Binance, a leading cryptocurrency exchange, has introduced a luxury perfume with a “crypto” theme as part of its effort to attract more women to the digital asset realm. The fragrance was launched in celebration of International Women’s Day. Rachel Conlan, Binance’s Chief Marketing Officer, describes the campaign as “bold, distinctive, and intentionally disruptive.” She emphasizes…
Jerome Powell, Chair of the U.S. Federal Reserve, assured the Senate Banking Committee that the Fed currently has no immediate plans to introduce a central bank digital currency (CBDC). During the hearing, Powell expounded on the Fed’s current position regarding CBDCs, stressing that while the concept is under examination, the rollout of a digital dollar…
The artificial intelligence (AI) token market has witnessed a notable surge in prices, prompting a research report from prominent cryptocurrency exchange Coinbase. The report, penned by Coinbase research analyst David Han, delves into the dynamics behind this surge, suggesting that it may be fueled more by hype than genuine utility. Han’s analysis sheds light on…
quick take Hut 8’s stock dropped by 23% following allegations from J Capital, suggesting insiders were planning to sell off stock, prompting legal action from firms representing impacted investors. The company countered J Capital’s claims, dismissing them as misinformation. Simultaneously, it witnessed changes in leadership, with Asher Genoot assuming the role of the new CEO….
Matt White, the CEO of Dubai’s Virtual Assets Regulatory Authority (VARA), views the Financial Action Task Force’s (FATF) decision to remove the UAE from the grey list as a significant step forward. This move is expected to pave the way for increased investments in the cryptocurrency sector. Following the UAE’s successful fulfillment of its action…
In the current bullish crypto market, the spotlight has shifted to the memecoin sector, surpassing the performance of even the highly active AI tokens. Anticipation was high for sectors like Layer 2s, vital for scaling blockchain for wider adoption, and the convergence of crypto and AI, to lead the market. Technical advancements such as restaking,…
The trading volume on decentralized exchanges (DEX) operating on the Solana (SOL) blockchain has surged dramatically, surpassing the $2 billion milestone for four consecutive days. On March 5, this momentum peaked with a record-breaking trading volume of $2.85 billion. According to DeFi TVL aggregator DeFiLlama, Solana DEXes witnessed a staggering increase, recording over $2 billion…