Solana (SOL) offered an attractive chance for buyers to seize a favorable risk-reward ratio as it retraced to test a previous resistance area. At the same time, the market remained under the bulls’ control. Furthermore, the on-chain metrics displayed promising performance. Notably, the number of active users experienced a gradual …

BNB Chain, a distributed blockchain network upon which developers can build decentralized applications (DApps), has taken a remarkable stride forward by introducing updates for its Beacon Chain and the latest layer-2 opBNB.  This announcement has sent waves of anticipation throughout the crypto community, igniting curiosity about the response of the …

FTX, the now-bankrupt cryptocurrency exchange, has had its financial license for the local subsidiary, FTX Australia, revoked by the Australian Securities and Investments Commission (ASIC). This decisive action represents a notable moment in Australia’s efforts to tighten its grip on the crypto industry. FTX Australia serviced around 30,000 retail clients …

TikTok has become a focal point in the United Kingdom as the country’s financial watchdog takes action against potential consumer harm. The Financial Conduct Authority (FCA) has recently initiated a consultation process to revamp its social media guidelines, specifically targeting influencers and advertisements that could negatively impact consumers.  This move by …

Polkadot (DOT) has enjoyed a successful three-week period, with bullish investors maintaining their position at the forefront despite fluctuations in the market. In addition, the recent legal victory of Ripple against the US Securities and Exchange Commission triggered a positive response across the entire market, benefiting not only significant cryptocurrencies …

XRP is now witnessing a surge in network activity as prominent holders of the cryptocurrency make their moves.  The latest findings from Lookonchain, a renowned data analytics firm, shed light on the purchase and sale patterns of XRP whales on the Binance Smart Chain (BSC), signaling a potential rise in …

The rivalry to introduce the first Bitcoin ETF in the U.S. has heated up. BlackRock and Bitwise, two big market players, have each proposed their own ETF, and the United States Securities and Exchange Commission is quite interested in these plans. Both firms are vying for the chance to be the …

Two influential giants in the world of entertainment and fashion, Puma and Roc Nation, have joined forces to create an extraordinary sneaker collection that celebrates the cultural impact of hip-hop and embraces the cutting-edge technology of non-fungible tokens (NFTs). The RS-XL Mixtape sneaker collection, a collaborative effort between talented designers …

A recent court decision concerning the status of XRP has revived the conversation on the necessity of clear and thorough regulatory frameworks in the constantly changing world of cryptocurrencies. US Senator Cynthia Lummis, a Republican from Wyoming, has called for immediate action to establish clear crypto rules in response to …

Bank of America, one of the largest banks in the United States, has recently made headlines as it reportedly takes aim at prominent cryptocurrency exchange Coinbase. According to reports, Bank of America has been closing the accounts of individuals and entities that have engaged in transactions with Coinbase, causing concerns …

Crypto Twitter users are sounding the alarm, wasting no time in exposing the scammers who have cunningly emerged on Meta’s newly launched microblogging app, Threads. With the app’s staggering sign-up rate surpassing 100 million within a week since its release on July 5, the scammers have seized the opportunity to …

The IMF, or International Monetary Fund, renowned for its extensive research and analysis in the realm of global finance, has recently released a working paper that sheds light on the intricate challenges associated with tax collection in the realm of cryptocurrencies.  This report brings into focus the increasingly complex nature …