The price of Bitcoin has once again lost its momentum, retracing back down to around $42,000 over the past 24 hours. This comes after a week of highs and lows for the leading cryptocurrency. Just a week ago, Bitcoin experienced a surge in price to $44,700, marking its highest price tag in over a year
Arbitrum (ARB), a well-known Ethereum scaling solution, recently encountered a significant downtime event, raising concerns among users and industry participants. The incident, which lasted for over 60 minutes, prompted an immediate investigation into the root cause and the deployment of a fix. In this article, we will delve into the details of the downtime, explore
Bitcoin (BTC) adoption is gaining traction in developing countries, and according to investment management firm Franklin Templeton, this trend is set to continue. Sandy Kaul, the Head of Digital Asset & Investor Advisory Services at Franklin Templeton, highlighted the role of Bitcoin in leveling the playing field for smaller economies. Kaul believes that the digital
The U.S. Securities and Exchange Commission (SEC) has recently denied a petition from cryptocurrency exchange Coinbase, in which Coinbase requested the development of new rules specifically for digital asset securities. The SEC’s decision comes after a lengthy period of back-and-forth between Coinbase and the securities regulator, with Coinbase originally submitting the petition in July 2022.
The BRC-20 token Ordinals (ORDI) has experienced a significant surge of +32% recently, breaking out of a period of consolidation. This rally in ORDI is part of a broader trend of BRC-20 tokens gaining momentum following their listing on Binance. With all the buzz surrounding ORDI, investors may be wondering if it’s too late to
In an exciting development in the healthcare industry, Patientory Inc. has partnered with Wharton Impact Venture Associates (WIVA) students in a capital raise agreement. This collaboration aims to address the industry’s challenges regarding data accessibility by leveraging blockchain technology. The partnership was established through WeFunder, an innovative platform that enables non-accredited investors to support early-stage
The Securities and Exchange Commission (SEC) has recently announced new disclosure requirements for material cybersecurity incidents, which are set to take effect later this month. These requirements have the potential to offer publicly listed crypto companies in the United States an opportunity to showcase their capabilities. However, it is essential to critically analyze the implications
After consistently denying approval for a spot Bitcoin ETF for American investors over the years, there are indications that SEC chair Gary Gensler might be reconsidering his position in light of Grayscale’s recent legal triumph. This article will explore Gensler’s potential shift in stance and the implications it may have for the cryptocurrency industry. While
Bitcoin experienced a turbulent journey recently, influenced by the vulnerability issues uncovered by leading wallet company Ledger. However, the cryptocurrency has now settled at just under $43,000. While most altcoins have seen minor fluctuations, SOL has continued to rise, driven by the hype surrounding the new meme coin sensation known as BONK. Bitcoin reached a
Cardano (ADA) has been showing significant progress in recent days, surpassing the $0.60 resistance level. This breakthrough has brought renewed optimism to investors, as the cryptocurrency aims to continue its upward trajectory. Market experts believe that ADA could rally even further if it manages to make a clear move above the $0.685 and $0.700 resistance
