In the past few years, the Binance cryptocurrency exchange has been the leader when it comes to global crypto traded volume and registered volume. According to the latest data by Binance, the company reported a 24-hour trading volume of about $38 billion and over 120 million registered users. However, Binance’s global dominance is seriously threatened by the ongoing global regulatory […]

Ethereum prices remain below $2,000 months after the network initiated EIP-1559, trackers on March 28 reveal. Ethereum Prices Trending Below $2,000 ETH, the native currency of Ethereum, is currently trading at $1,717, stable on the last day and week but retracing from recent highs of around $1,850. The network has burnt over 3 million ETH from gas fees since the activation of […]

The repercussions of yesterday’s civil action by the United States Commodity Futures Trading Commission (CFTC) against Binance CEO Changpeng Zhao (CZ) and the company has reverberated in the entire crypto industry. Crypto-related stock markets led by Coinbase Global, Riot Platforms, Marathon Digital, and MicroStrategy Inc were all in losses on Tuesday. Additionally, the Bitcoin and Ethereum markets edged lower today, […]

Soon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and its CEO Changpeng “CZ” Zhao for regulatory violations, the entrepreneur sought damage control measures while rejecting allegations of market manipulation. However, investors responded by pulling over 3,400 Bitcoin (BTC) from Binance within 24 hours of the announcement, anticipating market fluctuations. “Binance.com does not trade for profit […]

Two lawmakers in one week weighed in against the possibility of a United States central bank digital currency (CBDC). Florida Governor Ron DeSantis — expected by many to throw his hat into the ring for the 2024 U.S. presidential race — has called for a ban on a digital dollar in the state. DeSantis spoke out against the Federal Reserve […]

In July 2022, Polygon Labs, zkSync and Scroll ZKP launched a race to build the best zero-knowledge Ethereum Virtual Machine (zkEVM). After $1 billion in funding, two external audits, and an internal audit of 26 researchers, today is the day – March 27, 2023 – when the Polygon zkEVM will be launched. Although the Polygon (MATIC) price does not currently […]

The crypto tax laws in the U.S. are exceedingly complicated. Nobody can deny this, and while there have been politicians and people in the past that have sought access to specific jobs in our government by saying they will make the laws easier to understand, it wasn’t enough to hit home with voters at the time or others tasked with […]

Four Russian nationals have recently been indicted by a federal grand jury in Oregon after they allegedly ran a crypto pyramid scheme that saw them steal close to $350 million from investors all over the world. Oregon Is Fighting a Crypto Fraud Scheme The four men initially began a crypto company they called Forsage, and trouble started in the summer […]

This week saw a series of downward moves in cryptocurrencies. As cryptocurrencies OP, IMX and ARB are in the downtrend zone, there is a risk that they will fall further. On the other hand, CFX and STX could regain their previous highs as long as cryptocurrencies move above the moving average lines. Later, we will discuss a handful of these […]