Bitcoin (BTC) has recently seen a slowdown in its price movement, despite having recovered above $60,000. One of the main reasons for this tepid movement is believed to be the reduced demand for Spot Bitcoin ETFs. The Spot Bitcoin ETFs experienced a surge in net inflows in the first three months of their launch, which
admin
The recent detention of Tigran Gambaryan, a US citizen and Binance’s financial crime compliance department head, in Nigeria has sparked outrage and concern within the crypto community. Binance CEO Richard Teng has strongly condemned Gambaryan’s detainment, labeling it as unjust and setting a dangerous precedent for companies globally. This act of inviting a company’s mid-level
Fantasy Top is not your typical fantasy football-style game. It operates on the Blast network and focuses on crypto influencers and their real-world social media engagement. Players compete by creating lineups of influencer NFT trading cards, each with its own rarity level. The higher the card’s rarity, the more points players can earn. This unique
The recent crackdown on crypto firms by the Securities and Exchange Commission (SEC) has stirred up discussions within the industry. Bitwise Investments CIO Matt Hougan shed light on how the regulatory landscape could inadvertently be benefiting US crypto exchange Coinbase. In a recent social media post, Hougan pointed out that the current regulatory environment might
Elliptic, a blockchain analytics company, recently announced a groundbreaking achievement in utilizing artificial intelligence (AI) to detect money laundering in Bitcoin. This research, conducted in collaboration with researchers from the MIT-IBM Watson AI Lab, has brought about significant advancements in the fight against illicit financial activities in the cryptocurrency space. The findings of Elliptic’s research
The resurgence of meme coins in the cryptocurrency market has sparked debates and concerns among industry experts. Chris Dixon, a general partner at Andreessen Horowitz (a16z), recently raised questions about the US regulatory system and its treatment of meme coins compared to other blockchain projects. He highlighted the fact that meme coins, which are primarily
A recent class-action lawsuit has been filed against Coinbase Global, along with its subsidiaries Coinbase, Inc. and Coinbase Asset Management, LLC, as well as its CEO, Brian Armstrong. The lawsuit, initiated by six customers, makes the bold claim that the digital assets listed on Coinbase are actually securities. Among the tokens listed are Solana (SOL),
The recent guilty plea of Alexander Vinnik, a Russian national and operator of the now-defunct crypto exchange BTC-e, sheds light on the rampant money laundering activities that have plagued the cryptocurrency industry. Vinnik admitted to charges of money laundering conspiracy in the US, highlighting the extent to which platforms like BTC-e were used by cyber
The recent correction in the cryptocurrency market saw Bitcoin, Ethereum, and many other digital assets hit multi-month low prices. However, XRP managed to remain relatively resilient during this period. Despite briefly dropping below $0.50, the token has seen a 3% increase over a two-week period, according to CoinGecko’s data. This resilience has caught the attention
Bitcoin has been on a wild ride recently, with massive fluctuations in its price. From reaching almost $65,000 to dropping to a low of $56,500, the cryptocurrency has kept traders on their toes. The recent recovery saw Bitcoin climbing back up to over $63,000, demonstrating its resilience in the face of market volatility. Not only
