Retail investors have been the primary driving force in the recent rise of Bitcoin and cryptocurrency prices in general. However, institutional investors are now beginning to enter the market, according to Mathew McDermott, the head of digital assets at Goldman Sachs.  Bitcoin Rally Cools Down  Speaking at the Digital Asset …

This week could mark a pivotal moment in the first quarter of 2024 for the entire crypto market and the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), as major central banks, led by the Bank of Japan and the US Federal Reserve (Fed), prepare to announce their interest rate …

ETHFI, the governance token for the Ether.fi staking protocol has seen a significant drop in price since its debut on Binance on Monday, March 18. After initially trading at $4.13, the token has lost over 25% of its value, raising concerns among investors.  Nonetheless, recent on-chain activity has fueled speculation …

The cryptocurrency industry is pushing the US Securities and Exchange Commission (SEC) to establish clear rules and regulations for the crypto market. Major players, including Paradigm, the Crypto Council for Innovation, and the US Chamber of Commerce, have argued with the district court to support Coinbase’s appeal to the SEC …

Crypto exchange Binance has investigated allegations of insider trading concerning the listing of Solana meme coin Book Of Meme (BOME).  Binance Investigates Insider Trading Claims On March 14th, Pepe Meme artist Darkfarms introduced the Solana meme coin BOME. He initiated the token’s presale by sharing a Solana address on Twitter, …

ETHFI, the governance token of the decentralized liquid staking protocol Ether.fi, debuted for $4.13 following its distribution through its airdrop on March 18.  However, since the $210 million airdrop, the value of ETHFI has experienced a significant decline, plummeting over 35% to its current trading price of $3.05, according to …

Over the past five days, Bitcoin (BTC), the leading cryptocurrency, has experienced a period of heightened volatility, triggering significant liquidations of leveraged positions as its price fluctuated wildly in hours.  After reaching an all-time high of $73,750 on Thursday, BTC experienced a sharp decline to $64,600 on Sunday. On Monday, …

Binance, the world’s largest cryptocurrency exchange by trading volume, has reportedly introduced stricter requirements for listing new digital tokens. The move aims to strengthen investor protection against “rug pulls,” or fraudulent tokens, and address concerns about the alleged “lack of oversight” of token listings in the crypto industry.  According to …

In a recent report by market intelligence firm Chainalysis, it has been revealed that global crypto gains in 2023 amounted to a staggering $37.6 billion. This profit surge reflects improved asset prices and market sentiment compared to 2022.  Although this figure falls short of the $159.7 billion gains witnessed during …

In a significant development, UK Judge James Mellor has stated that Craig Wright, an Australian entrepreneur, is not Satoshi Nakamoto, the creator of Bitcoin. The verdict came after the conclusion of the Crypto Open Patent Alliance (COPA) trial, during which “overwhelming evidence” was presented to debunk Wright’s claims.  Judge Mellor …

Classic Minerals Limited, an Australian gold exploration company, and AuResources AG, a Swiss fintech startup, have begun a $60 million funding initiative to leverage blockchain technology to boost the gold mining and fintech sectors. The collaboration is designed to accelerate the development of Classic’s gold projects, particularly the Kat Gap …

In a recent development, US District Judge Edgardo Ramos has denied motions from cryptocurrency exchange Gemini and crypto lender Genesis to dismiss the case brought by the US Securities and Exchange Commission (SEC).  The SEC alleges that both companies offered and sold “unregistered securities” through the Gemini Earn program. The …