In a bold move, British multinational bank Standard Chartered is preparing to launch a trading desk for Bitcoin and Ether, marking its debut in spot cryptocurrency trading among global banks. This strategic step comes after engaging with various players in the digital asset sector and forming partnerships to meet the growing demand for crypto exposure.
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In the realm of cryptocurrency, Bitcoin has long been viewed as a key player influencing market trends. Its movements often serve as a primary indicator for other digital assets, setting the tone for the overall market sentiment. However, recent data suggests a shift in this traditional narrative, particularly in the behavior of long-term holders of
Ripple, a prominent cryptocurrency company, is facing new legal challenges following a ruling by a US judge in California. The judge approved a lawsuit against Ripple, specifically targeting the company’s CEO, Brad Garlinghouse, for allegedly making misleading statements. The lawsuit alleges that Garlinghouse misled investors into investing in Ripple’s digital asset, XRP, based on comments
Recently, a federal judge in California expressed his inclination to allow the Securities and Exchange Commission’s (SEC) lawsuit against Kraken to move forward. The judge, William Orrick, indicated that he was leaning towards denying Kraken’s request for dismissal. This decision has cast doubt on the exchange’s efforts to have the case thrown out. According to
MomoAI is redefining the landscape of social growth within the TON and Solana ecosystems through cutting-edge AI technology. By harnessing advanced viral marketing strategies and AI-bot interactions, MomoAI focuses on expanding its user base rapidly while ensuring high levels of engagement. The platform aims to foster growth specifically within the Telegram ecosystem by combining the
Telegram, often known as a messaging app, has evolved into a multifaceted gaming platform that offers users a plethora of mini-games. These games range from puzzles and arcades to strategy games and quizzes, ensuring that there is something for everyone. The platform has successfully blended communication and entertainment, creating a unique gaming experience for its
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself at a critical juncture as its price enters a consolidation phase. This period of price stability, characterized by a narrow trading range, has left traders and investors in a state of uncertainty. The current state of Ethereum’s price hovers around key support and resistance levels, prompting
The cryptocurrency market has shown signs of recovery in the past 24 hours, with major digital assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) experiencing minor gains. Additionally, AI-related coins like Fetch.ai saw significant pumps, boosting investor confidence in these niche sectors within the crypto market. On the flip side, the price of
NVIDIA, a company well-known on Wall Street, has recently taken the lead as the largest company in terms of market capitalization. With a stock price increase of approximately 3.5% in just 24 hours, NVIDIA has shown significant growth throughout 2024. Starting the year at $49.24, the stock has surged by 175%, closing at $135.58 in
Kraken’s Chief Security Officer, Nick Percoco, recently disclosed that a group of white-hat hackers has refused to return approximately $3 million in digital assets stolen from the exchange’s treasury. The hackers exploited a bug in Kraken’s system that allowed them to artificially inflate their balances on the platform. On June 9, a security researcher alerted