Year: 2024

summary Despite facing technical glitches on its platform, Coinbase experienced a 4% surge in after-hours trading. This uptick in trading activity occurred concurrently with a significant increase in the value of Bitcoin. The positive market response extended beyond Bitcoin to encompass a wider range of assets. During after-hours trading, Coinbase shares saw an almost 4%…

On March 3, crypto company Terraform Labs initiated legal action against the US Securities and Exchange Commission (SEC) in response to the regulator’s objection to a $166 million retainer paid to special litigation counsel Dentons. The SEC contended that the substantial payment by the crypto firm was an effort to evade paying creditors. Terraform Labs…

The crypto community turned its focus towards Ethereum co-founder Vitalik Buterin following a notable transaction involving a substantial amount of Ethereum. According to PeckShieldAlert, transactions from his wallet address, Vitalik.eth, revealed the transfer of 30 ETH to Railgun and the exchange of 27.63 ETH for 100,000 USDC. Examining Recent Transactions in Detail According to PeckShieldAlert’s…

quick read Virginia has enacted a newly proposed bill that embraces cryptocurrencies, fostering the adoption of blockchain technology within the state. There is a growing interest in blockchain technology and its potential applications across various sectors within Virginia. With the passage of Senate Bill No. 339, Virginia has made significant strides in embracing blockchain technology…

On Tuesday, Dubai’s Virtual Assets Regulatory Authority (VARA) granted a Virtual Asset Service Provider (VASP) license to the Bulgarian decentralized lending platform Nexo, allowing it to conduct operations and provide services within and from the Emirates. This approval signifies the initial phase in the acquisition of a complete license, which comprises an initial provisional permit,…

summary Myro experienced an upward breakout hours after Bluntz, a renowned crypto trader on X, made the call. Bluntz forecasted an immediate price reversal from the dip, emphasizing the divine nature of meme coin trends. As anticipated, Myro’s price reversed, resulting in a remarkable 63.92% profit within the first hour. The Influence of Prominent Traders:…

BRICS countries are poised to establish a self-reliant blockchain-driven payment platform, integrating digital currencies to facilitate seamless and economical international transactions. Kremlin aide Yury Ushakov, in an interview with the Russian News Agency TASS, revealed this initiative, emphasizing the coalition’s aim to bolster financial independence from the US dollar by leveraging state-of-the-art digital and blockchain…

The Fantom Foundation, responsible for the development of the Fantom Network, has secured a favorable ruling from the High Court of Singapore in its legal pursuit against the cross-chain protocol Multichain. This legal action stemmed from an unfortunate incident in July 2023 when the Foundation suffered a substantial loss of over $210 million due to…

quick read: Shiba Inu (SHIB) has surpassed the trading volumes of XRP, BNB, and Solana combined, according to recent data from CoinMarketCap. SHIB’s trading volume hit a staggering $13.5 billion, marking a 237% increase in trading activity and overshadowing its competitors’ $12 billion combined total. The meme-inspired cryptocurrency experienced a 380% price surge over the…

What Led to Bitcoin’s Surpassing of $68,000 and the Kimchi Premium on Upbit? Bitcoin recently achieved a new all-time high (ATH) of over $68,000, with expectations soaring for it to surpass $69,000 shortly. Notably, South Korea’s largest cryptocurrency exchange, Upbit, recorded a price of 96,530,000 Korean won, equivalent to $72,000, on March 5th. This 6%…