To recover assets and funds, bankrupt cryptocurrency exchange FTX, under the guidance of appointed CEO John Ray III, has filed a new request with the US bankruptcy court of Delaware.  The filing seeks approval for the sale of trust assets held by digital asset manager Grayscale and crypto index fund manager Bitwise, estimated to be […]

On-chain data shows the Bitcoin Network Value to Transactions (NVT) ratio is inside the overheated territory currently. Here’s what this could mean. Bitcoin NVT Golden Cross Has Surged Into Overheated Territory As pointed out by an analyst in a CryptoQuant Quicktake post, the market cap of the asset may be overvalued right now. The “NVT […]

Regulatory authorities in Hong Kong are contemplating the inclusion of individual investors in spot Crypto ETFs, as part of their strategic initiatives to cement the city’s position as the primary digital asset hub in the Asia-Pacific region, a report disclosed Monday. Related Reading: Ethereum NFT Boom: Behind The 10% Rise And How It Influences Value […]

Ripple’s Chief Legal Officer Stuart Alderoty had once highlighted XRP’s unique positioning in the US following Ripple’s notable victories against the US Securities and Exchange Commission (SEC). His statement has more backing now as Americans seem to have taken more interest in the crypto token since then.  Americans More Interested In XRP Than Ethereum According […]

Bitcoin (BTC) has been making significant strides in recent days, with Glassnode co-founders Jan Happel and Yann Allemann expressing optimism about the cryptocurrency’s future.  According to their analysis, Bitcoin has broken through crucial resistance levels and is currently poised to strengthen its momentum. Notably, its Relative Strength Index (RSI) has surged above the 70 level, […]

In a recent tweet, Lucie, the marketing lead for the Shiba Inu project team, unveiled an ambitious strategy dubbed ‘The Big Plan from The Shiba State’ set to span 2024 and 2025. The roadmap Lucie laid out centers around decentralization and community empowerment, aiming to shift the governance of Shibarium, Shiba Inu’s layer-2 blockchain, towards […]

Cardano founder, Hoskinson has expressed great admiration for the blockchain, labeling it a foundation of trust for the crypto space. Hoskinson Praises Cardano American entrepreneur and founder of Cardano, Charles Hoskinson has publicly applauded Cardano, a decentralized public blockchain platform for its growth and development over the years. During the recently concluded Cardano Summit 2023 […]

The platform for smart contracts, digital protocols that automatically execute and enforce agreements, have emerged as a dynamic force in the world of finance and technology.  According to Bloomberg analyst Jamie Coutts, the trajectory for smart contract platforms appears to be on an exponential rise, with potential market cap growth projections that are nothing short […]

On-chain data suggests the Bitcoin rally could continue further as the sector is still observing significant positive capital netflows. Major Asset Classes In The Cryptocurrency Sector Continue To See Inflows As pointed out by analyst Ali in a post on X, a large amount of capital is flowing into the cryptocurrency market right now. The […]

The XRP price has been on a massive tear, rising over 10% on the last day to cross the $0.68 level. Its gains now put it in front of other crypto large caps such as Bitcoin and Ethereum. As this outperformance grows, there are factors that have been driving it and these factors could indeed […]

This week, the Bitcoin and crypto market is poised for significant movements driven by a series of high-impact events. From regulatory decisions to major industry conferences, these developments are expected to influence investor sentiment and market dynamics. Let’s delve into the top five events. #1 Spot Bitcoin ETF News Coming This Week? The approval of […]

Shiba Inu‘s lead developer, Shytoshi Kusama has recently issued a call to SHIB influencers and content producers to work together to empower community bonds and expand the project’s impact in the cryptocurrency market. Shiba Inu Lead Developer Call To Action Shytoshi Kusama took to his official X (formerly Twitter) handle to share his optimism on […]

Bitcoin maximalist and prominent figure in the community, Bit Paine, has weighed on the concept of digital assets and most especially suggested that the second-largest cryptocurrency by market cap, Ethereum, is a scam.  How Ethereum Is A Scam In a post shared on his X (formerly Twitter) platform, Bit Paine gave his view on Ethereum […]

Jeremy Hogan, a prominent attorney in the XRP community, recently engaged in an exchange on X (formerly Twitter) about the ongoing SEC vs. Ripple case, offering insights into the potential financial repercussions for the fintech company. This discussion came in response to fellow pro-XRP attorney John E. Deaton’s comment: “The people who’ve argued that the […]

Following a period of notable popularity, Ethereum NFTs have recently faced a decline in attention after a significant surge, as the fervor surrounding the digital assets began to dwindle. This decline was not only a reflection of the typical pattern seen with many fleeting trends but also a testament to the evolving nature of the […]