The US Securities and Exchange Commission (SEC) has recently announced its plans to amend its original complaint against Binance. This move could potentially eliminate the necessity for the court to make a decision on tokens that were previously deemed as securities. The joint filing, which occurred on July 30th, comes at a time when there
Crypto
Shiba Inu’s price faced a 3% dip recently as the cryptocurrency market took a hit due to the US government moving $2 billion worth of its bitcoin holdings to another address. Despite this setback, there are some indicators within the Shiba Inu ecosystem that suggest a potential rally might be on the horizon. One significant
Ripple’s XRP has experienced a significant uptrend at the beginning of the month, with its price surging from less than $0.40 to over $0.63 within a few weeks. However, the momentum seems to have slowed down in mid-July, as the price retraced below $0.55 before climbing back to around $0.60 where it has been consolidating
Solana (SOL) has experienced a significant surge in its price recently, leading to its position as the fourth-largest cryptocurrency by market cap. With a daily increase of almost 5%, SOL is currently trading at around $192, with a market capitalization of nearly $90 billion. This milestone places SOL ahead of Binance Coin (BNB), which has
Bitcoin has been on a rollercoaster ride recently, approaching its all-time high only to be rejected at the last minute. The surge in the flagship cryptocurrency’s price has been supported by several factors, including the growth in market capitalizations of stablecoins such as USDT and USDC. This increase in stablecoin market caps has significantly influenced
Shibarium, Shiba Inu’s layer-2 blockchain solution, has recently reached a significant milestone by processing over 6 million blocks. This achievement comes less than a year after its official launch, indicating a rapid growth in activity on the network. The resurgence in Shibarium’s metrics is evident with the spike in active accounts from 253 to 417
Recently, there has been an interesting proposal put forth by Republican representative for Wyoming at the Bitcoin 2024 Conference in Nashville. She suggested that the United States should diversify into Bitcoin and become the first developed nation to create a strategic Bitcoin reserve. This move, according to her, would not only fortify the dollar’s position
Wong Ching-kit, a well-known crypto promoter in Hong Kong, has recently come under the spotlight for his involvement in various criminal cases, including a cryptocurrency scam worth over HK$3 million. Born as Kwan Tsz-kit, Ching-kit changed his name after being convicted of theft and sentenced to community service in 2012. His history of run-ins with
The recent success story of a trader who bought and sold 170.2 billion PEPE coins, making a $1.77 million profit, highlights the potential for huge gains in the meme coin market. However, it also serves as a stark reminder of the volatility and risks associated with trading these assets. While some traders have seen their
NFTs and the cryptocurrencies associated with them have been a hot topic in the crypto world, especially during the bull run of 2021. While interest may have waned slightly, these coins still hold a significant share of the market, with a total capitalization exceeding $30 billion according to CoinGecko. A recent report by Santiment ranked