Recent data has revealed a significant drop in the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges. This decrease indicates that the two largest crypto tokens by market cap are potentially gearing up for substantial upward movements, as a supply squeeze looms. According to BTC ECHO analyst Leon Waidmann, Glassnode data shows that the
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In a recent blog post, Coinbase CEO Brian Armstrong stressed the need for regulatory clarity in the crypto industry. He highlighted the significant investment Coinbase has made in policy efforts and emphasized the company’s commitment to continuing these investments as regulations evolve globally. Armstrong outlined two primary paths to achieving regulatory clarity: creating new case
In a recent Harris Poll survey funded by Grayscale, it was found that a significant number of American voters are turning to Bitcoin as a result of geopolitical tensions and inflation. One key finding from the survey is that one in three U.S. voters will consider a political candidate’s stance on cryptocurrencies before casting their
Mastercard recently introduced its Mastercard Crypto Credential, a groundbreaking development that has paved the way for the first-ever peer-to-peer (p2p) pilot transactions aimed at streamlining and securing blockchain transfers. This new feature allows users on popular exchanges like Bit2Me, Lirium, and Mercado Bitcoin to send and receive cryptocurrency using user-friendly aliases instead of complex blockchain
In the midst of the broader market recovery, the XRP Ledger (XRPL) experienced a surge in network activity across various metrics. According to a recent report by Messari, active addresses and transactions on XRPL saw a significant increase. Active addresses rose by 37% quarter-over-quarter (QoQ), while transactions increased by a whopping 113% QoQ. This surge
Coinbase recently filed a closing brief with the US Court of Appeals for the Third Circuit, challenging the SEC’s denial of its rulemaking petition. The crux of the case revolves around a single sentence in the SEC’s order that “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms. This lack
The U.S. District Court for the District of Utah recently made a significant decision regarding the Securities and Exchange Commission’s (SEC) case against Digital Licensing, operating under the name Debt Box. The judge dismissed the case and ordered the SEC to pay approximately $1.8 million in attorney and receivership fees. In a post on X
Blockchain technology has been making waves in various industries, and the gaming sector is no exception. In a recent announcement, cryptocurrency exchange OKX and blockchain technology company Immutable have come together to revolutionize the gaming industry. By leveraging Immutable’s zkEVM solution, the partnership aims to introduce enhanced features and benefits for gamers and game studios
The ultra-bullish prediction of Cardano rising to $38 seems highly unrealistic and speculative. While it is important to have optimism in the cryptocurrency market, it is equally crucial to ground predictions in reality. Making such extravagant claims without concrete evidence or a clear roadmap undermines the credibility of the analyst. The prediction fails to take
In the fast-paced world of digital assets, SEI NFTs have made a significant impact on artists, gamers, and collectors alike. The SEI Network, powered by its open-source Layer 1 blockchain, has emerged as a key player in the NFT space. The network prides itself on its ability to handle low transaction fees, provide robust security,