Tesla owner Elon Musk is again under scrutiny for his controversial ambitions. XRP, Ripple’s native coin, is famous for several reasons. XRP’s liberation is a milestone for SEC-entrapped crypto assets. While Elon is under SEC scrutiny, suspending the XRP account creates a US market vagabond situation.  Suspending XRP makes sense since Elon started Paypal as a digital payment system, and […]

The social media platform Snapchat has received a warning from the United Kingdom’s data watchdog over its new artificial intelligence (AI) chatbot known as “My AI,” according to an update posted by the regulator.  On Oct. 6, the U.K. Information Commissioner’s Office (ICO) issued a preliminary notice to Snap Inc. and Snap Group, the parent companies of Snapchat, for the […]

The rise of Ethereum staking since major network upgrades, the Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by JPMorgan said. JPMorgan analysts, led by senior managing director Nikolaos Panigirtzoglou, issued a new investor note on Oct. 5, warning about the risks stemming from Ethereum’s growing centralization. The top five […]

The price of Ripple (XRP) has returned to its original range after rejecting the $0.55 resistance area. Cryptocurrency price analysis from Coinidol.com. Long-term XRP price forecast: Bearish The price of the cryptocurrency is at $0.51 at the time of writing. The bulls desperately tried to resume the uptrend last week, but were rebuffed. XRP rallied and broke through the moving […]

The 37xDubai art gallery, which will be opened to the public later in October, aims to educate artists and art aficionados on nonfungible tokens (NFTs) and the broader Web3 ecosystem through workshops held in the gallery after its official launch.  Cointelegraph sat down with Danilo Carlucci, the founder of investment firm Morningstar Ventures and 37xDubai, which is based in the […]

Major global cryptocurrency exchange Binance has reportedly continued to lose its market share amid ongoing regulatory issues in the United States. Binance’s spot market share fell for a seventh consecutive month in September 2023, Bloomberg reported on Oct. 5, citing analysis from cryptocurrency data provider CCData. According to the report, Binance’s spot market share dropped from 38.5% in August to […]

Large-scale transactions of Shiba Inu tokens have once again captured the attention of the cryptocurrency community. In a recent announcement by the crypto tracker Whale Alert, a substantial amount of SHIB was observed being transferred from the Amsterdam-based cryptocurrency exchange Bitvavo to an undisclosed blockchain address.  The staggering figure of 4,584,530,677,374 SHIB raises intriguing questions about the continued interest of […]

Central banks around the world continue to be a major force in the gold market, helping the precious metal maintain its long-term support levels despite the challenges posed by rising bond yields and a strong U.S. dollar, according to a Kitco News article, which cites data from the World Gold Council (WGC), by Neils Christensen. The WGC revealed that central […]

The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a second consultative paper on Markets in Crypto-Assets (MiCA) mandates on Oct. 5.  In the 307-page document, the ESMA seeks stakeholders’ input on five areas of MiCA, including sustainability indicators for distributed ledgers, disclosures of inside information, technical requirements for white papers, trade transparency measures and record-keeping […]