The cryptocurrency market has experienced significant volatility in recent months, with the price of Bitcoin (BTC) dropping from its new yearly high of $31,000 to its current trading price of $27,300. This pullback has left Bitcoin at a crossroads, with traders waiting to see whether the key support level of $27,000 will hold or break. However, Bitcoin is known for […]

Ethereum’s (ETH) staking ecosystem has made headlines in the blockchain space since the recent Shanghai upgrade. As the crypto market continues to grow, Ethereum has emerged as a market leader in staking, offering some of the best yields and attracting more investors. But what exactly makes Ethereum’s staking so attractive? Ethereum Staking Goes Big According to DeFi Ignas, a leading […]

The Bitcoin market may be close to a decision point as on-chain data shows the Adjusted Spent Output Profit Ratio (aSOPR) is retesting the 1.0 level. Bitcoin aSOPR Has Declined Towards A Value Of 1.0 Recently According to the latest weekly report from Glassnode, the BTC market had shifted towards a profit-dominated regime back in January. The “aSOPR” is an […]

Coinbase has asked a federal court to compel the Securities and Exchange Commission to respond to a petition against the body seeking regulatory clarity.  The Chief Legal Officer of Coinbase noted that the actions of the SEC show that the commission is set to continue with its aggressive approach to regulation.  Pundits and legal experts around the digital asset space […]

In the crypto space, the term “airdrop” refers to the unsolicited distribution of tokens, usually for marketing purposes or as a reward for network participation or contributions. The first recorded crypto airdrop took place back in 2014 when Auroracoin handed out its native cryptocurrency, AUR. Another well-known airdrop was that of decentralized exchange Uniswap, which gave its UNI (UNI) governance […]

On Apr. 24 the Southern district court of New York held the first jury hearing on the case against former OpenSea product manager Nathaniel Chastain, who’s being accused of insider trading with nonfungible tokens (NFTs). The allegations were filed by the U.S. Manhattan Attorney’s Office on May 31, 2022. Chastain is being indicted on two counts — wire fraud and […]

A commissioner of the United States  Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero, has proposed reducing the anonymity of cryptocurrencies as a means of managing the risks associated with digital assets. The statement was made during the keynote speech on Illicit Finance and Other Key Risks of Digital Finance at City Week 2023 in London on April 25. Romero […]

Pepe Coin (PEPE) is soaring and has become one of the most popular meme coins behind Dogecoin and Shiba Inu.  However, this wouldn’t have been the case if the Pepe Coin smart contract deployer had not chosen to do what was good for the project and, by extension, the community. The team renounced the deployer contract, sending it to a […]

Global payment giant Visa continues to explore the benefits of the cryptocurrency industry with a new initiative focused on stablecoin payments. Cuy Sheffield, head of crypto at Visa, took to Twitter on April 24 to announce a new cryptocurrency-related project developed by the firm. Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin […]