Recently, a federal judge in California revealed that he is leaning towards allowing the US Securities and Exchange Commission’s (SEC) lawsuit against Kraken to proceed. This decision casts uncertainty on Kraken’s attempts to have the case dismissed. The judge, William Orrick, stated during the oral arguments that he was “inclined to deny” Kraken’s request. He
admin
The recent Bitcoin price crash below $66,000 has caused quite a stir in the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop, analysts, including crypto analyst Ali Martinez, are not convinced that the worst is over. Martinez has suggested that Bitcoin may still have a long way
MomoAI, a groundbreaking platform, is revolutionizing social growth within the TON and Solana ecosystems by harnessing the power of AI technology. Unlike traditional marketing strategies, MomoAI implements advanced viral marketing techniques and AI-bot interactions to rapidly expand its user base and drive high levels of engagement. The primary focus of MomoAI lies in nurturing growth
Recently, the US Commodity Futures Trading Commission (CFTC) launched an investigation into Jump Crypto for reasons that have not been disclosed to the public. Sources familiar with the matter have reported that the federal agency is focusing on the firm’s trading and investment activities within the crypto sector. However, it is essential to note that
Market traders have noted a recent trend in heavy shorting of Cardano (ADA) and XRP, two cryptocurrencies that have been struggling to gain bullish momentum. The on-chain analytics platform Santiment highlighted this factor in a recent X post, suggesting that the increased short positions on these tokens could actually serve as “rocket fuel” for their
In the recent 24-hour period, the cryptocurrency market has shown signs of recovery after experiencing losses in the past few days. Major digital assets like Bitcoin, Ethereum, and Ripple have seen slight gains, while AI-related coins such as Fetch.ai have surged by double digits. Whale Sell-Offs Impact One notable case is the meme coin Beercoin
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself in a pivotal moment as its price consolidates. Traders and investors are grappling with uncertainty as Ethereum’s price hovers near crucial support and resistance levels. This period of price stability has created a sense of indecision in the market, with technical indicators and market signals being
Binance, the leading cryptocurrency exchange globally, has recently been hit with regulatory challenges in various countries, including India. The Financial Intelligence Unit (FIU) of India imposed a hefty fine of 188.2 million Indian Rupees on Binance for non-compliance with the Anti-Money Laundering (AML) regulations. This fine amounts to approximately $2.2 million and was issued after
NVIDIA, a company known for its innovative technology and strong presence on Wall Street, has recently achieved a major milestone. With a substantial increase in its stock price, NVIDIA now holds the title of the largest market capitalization in the world, beating out tech giant Microsoft. This achievement comes after a consistent rise in the
Cryptocurrency exchange Kraken recently faced a significant security breach when an undisclosed white-hat hacker group stole digital assets worth approximately $3 million from the platform’s treasury. The hackers exploited a bug in the system that allowed them to inflate their account balances artificially. Despite the bug not posing a risk to customer funds, it enabled
