Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According to the Blockchain intelligence company Arkham Intel, In the past 24 hours alone, Celsius has staked over $600 million worth of ETH, with no signs of slowing down. This represents a massive on-chain flow, and the […]

Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a pathway to being labeled digital commodities. According to a discussion draft published on June 2, lawmakers proposed “establishing a functional framework” aimed at providing regulatory clarity for crypto firms in the United States. The draft bill would […]

Prominent pro-Ripple lawyer Jeremy Hogan has stressed the significance of addressing the contentious issue of “secondary market sales” of XRP in the ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). On Monday, Hogan also highlighted the significance of resolving the question of whether XRP is inherently classified as a security, as both of these issues […]

Bitcoin is recording minor profits on higher timeframes but has been unable to display significant price action. In this context, volatility is reaching a record low, but the status quo could suddenly shift in the short term. As of this writing, Bitcoin trades at $27,100 with sideways movement in the last 24 hours. In the previous week, BTC recorded a […]

Crypto exchange Binance has announced the winner of its Web3 reality show, titled “Build the Block,” held in the metaverse. Within the show, startups competed with each other to win an investment from Binance Labs.  In an announcement sent to Cointelegraph, the Binance team said that zkPass won the contest after receiving the highest votes in the competition. The decentralized […]

Litecoin has recently managed to break past the $95 mark as on-chain data shows the whales have become active on the network. Litecoin Has Surged After Spike In Whale Activity According to data from the on-chain analytics firm Santiment, the current whale activity is the highest it has been since January. The relevant indicator here is the “whale transaction count,” […]

Ethereum Liquid staking derivatives (LSD) tokens are taking over the reins today as they have begun another rally. This rally was a result of an accelerated rate of ETH staking, which has led to a surge in the balances of these liquid staking protocols. LSD Tokens Take Advantage Of The Surge As the total amount of ETH staked on the […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Have you ever wondered what it’s like to dive deep into the world of Web3? What lurks around those corners? Is this a path of decentralization and salvation of humanity’s monotonous jobs and rather boring dogma-like lifestyles that have so far kept the human kind […]

In a recent interview on CNBC’s ‘Squawk Box,’ Michael Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market and its potential future trajectory. He discussed the volatile month of May for cryptocurrencies, particularly Bitcoin, which experienced its worst month since November 2022. Novogratz described the current crypto market as “lackadaisical,” […]