News

Key Developments in the Ripple Lawsuit The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has reached a new intensity with recent court proceedings. A significant point of contention is the “Fox Declaration,” where Ripple has objected to the inclusion of new expert materials presented by the SEC. This declaration […]

What’s Driving Shiba Inu’s Market Movements? In the dynamic landscape of cryptocurrency, Shiba Inu (SHIB) has recently marked a significant rise in its trading activity. Over the past 24 hours, the meme coin saw its price increase by 4%, coinciding with a major uptick in high-value on-chain transactions. Specifically, transactions exceeding $100,000 surged to nearly

Understanding Bitcoin’s Current Market Position Recent analyses by crypto exchange Bitfinex highlight potentially lucrative buying opportunities for Bitcoin amidst its recent price drops. Key metrics such as the Market Value to Realized Value (MVRV) ratio and the open interest-weighted funding rate have shown signs that now may be an opportune time to invest in Bitcoin.

Transformative Steps in DYDX’s Blockchain Technology DYDX, initially launched as a governance token on Ethereum, has made significant strides since transitioning to its own layer-1 blockchain, the dYdX Chain. Introduced in October 2023, this move was marked by the community’s vote to adopt DYDX as the native token, replacing ethDYDX. This evolution underscores a shift

A Shocking Reveal in the Crypto World In a significant development that has sent shockwaves across the cryptocurrency industry, two co-founders of the Samourai Wallet, a crypto mixing service, have been arrested and charged with serious financial crimes. The U.S. authorities arrested CEO Keonne Rodriguez and CTO William Lonergan Hill on allegations of laundering over

An Eventful Week in Economics and its Ripple Effects on Cryptocurrencies The upcoming week promises heightened activity across the economic and financial landscapes, spearheaded by a pivotal Federal Reserve meeting and an influx of earnings reports. With the Federal Open Market Committee expected to maintain interest rates between 5.25% to 5.5%, the focus will be

Understanding Bitcoin’s Price Volatility Bitcoin has faced a tumultuous journey since its bear market bottom in 2022, marked by significant price pullbacks. According to CryptoPotato, the cryptocurrency has experienced notable declines, including a 23% drop in February 2023 and other substantial falls throughout the year. These pullbacks reflect the volatile nature of digital currencies and

Expanding Horizons with Shibarium’s Roadmap Release Shibarium, the Layer-2 scaling solution by Shiba Inu, has recently unveiled its detailed roadmap, promising significant enhancements and new developments within its ecosystem. Lucie, Shibarium’s marketing strategist, outlined the strategic upgrades and additions, including improvements to the ShibaSwap platform, the launch of the TREAT governance token, and various other

The Legal Standoff Begins On April 24, 2024, ConsenSys filed a significant lawsuit against the U.S. Securities and Exchange Commission (SEC) in the Northern District of Texas. The crux of the lawsuit revolves around the SEC’s classification of Ethereum’s native token, Ether, as a security. This legal challenge is a response to a Wells notice

A New Era for Bitcoin: Analysts Eye $150,000 Milestone In the wake of Bitcoin’s latest halving event, a significant forecast from Standard Chartered suggests a potential surge to $150,000 by the end of 2024. Geoff Kendrick, head of digital assets research at the bank, pinpoints the reduction in leveraged positions within the market as a