The Sui Foundation, a non-profit organization that oversees the development of the Sui blockchain, recently found itself at the center of controversy due to claims of insider trading involving its native token, SUI. Launched with the intention of creating a robust layer-1 blockchain ecosystem, SUI had been enjoying a significant rally. However, discussions ignited on
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In the turbulent arena of cryptocurrency, Shiba Inu (SHIB) has demonstrated a notable uptick, with a 5% rise over the past week and an impressive 30% increase over the last month. However, this spike comes at a time when the broader cryptocurrency market is experiencing a revival. Bitcoin, for instance, recently reached a three-week high
The intersection of cryptocurrency and regulation has become a battleground, especially with high-profile cases such as Coinbase’s ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). Seeking to access internal SEC documents, Coinbase is attempting to illuminate the regulatory body’s enforcement strategies toward the thriving crypto sector. This conflict transcends mere corporate grievances; it
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has drawn significant attention from both the crypto community and financial sectors. As we examine the intricate details of their conflict, there is a mixture of legal ramifications and potential market implications for XRP, Ripple’s native cryptocurrency. Recent court rulings,
The world of cryptocurrency and gaming is continuously evolving, and one of the most exciting upcoming events is the airdrop of $X tokens from X Empire. As the date approaches, crucial updates regarding this event have surfaced, igniting interest within the gaming and trading communities. Here’s a closer look at what participants need to know
As we delve into the current landscape of cryptocurrency markets, it is evident that the past weekend was marked by a noticeable lack of volatility. With a total market capitalization resting around $2.33 trillion, cryptocurrencies, especially Bitcoin and Ethereum, are experiencing a phase of consolidation. Bitcoin, which briefly surged past $64,000 upon the opening of
As the 2024 presidential election approaches, the cryptocurrency landscape is poised for significant change depending on the policies and ideologies endorsed by the candidates. Alex Thorn, the head of research at Galaxy Digital, has put forth a ‘policy scorecard’ that evaluates the positions of leading candidates on key issues affecting the crypto industry. In doing
In a defining moment for the Australian cryptocurrency landscape, Monochrome Asset Management is set to debut the nation’s first-ever spot Ethereum exchange-traded fund (ETF) on the Cboe exchange. The Monochrome Ethereum ETF, known by its ticker symbol IETH, is scheduled to commence trading on October 14, following the green light given to similar products in
As the cryptocurrency market navigates the complex waters of October, investors are left pondering whether Bitcoin will experience a surge in volatility or continue its trend of lackluster performance. Analyst CrypNuevo recently voiced optimism for the upcoming week, suggesting that despite the tumultuous price action, a positive shift in BTC’s trajectory is on the horizon.
Ethereum, the second-largest cryptocurrency by market capitalization, is currently navigating through a pivotal phase characterized by complex technical patterns on its charts. Recent price action suggests that Ethereum is attempting to find a direction after a period of consolidation. The formation of an inverted head and shoulders pattern on the daily chart and a double-bottom