Gemini exchange recently announced that users of its Earn product have received $2.18 billion worth of their digital assets, which accounts for 97% of the total digital assets owed to them. This distribution is a significant milestone following the collapse of crypto lender Genesis, which had ceased withdrawals in November 2022. Gemini confirmed that the
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Former FTX co-CEO Ryan Salame has been sentenced to 90 months in prison after pleading guilty to conspiring to make illegal political contributions and defraud the Federal Election Commission. The sentence was handed down by US District Judge Lewis A. Kaplan, following Salame’s involvement in running an unlicensed money-transmitting business through FTX Digital Markets, the
The Sandbox, a decentralized gaming platform, has taken a significant step towards community governance by introducing The Sandbox DAO. This decentralized autonomous organization aims to empower SAND token holders and virtual LAND owners to actively participate in the decision-making processes of the platform. The implementation of The Sandbox DAO is divided into three distinct phases.
The enigmatic world of Bitcoin continues to captivate investors with its price fluctuations. A recent analysis by Cryptorphic, a prominent crypto analyst, suggests a potential bright future for Bitcoin. Cryptorphic’s prediction of Bitcoin hitting a staggering $156,000 by May 27th, 2025, is based on a historical phenomenon known as the halving. Every four years, the
The recent surge in Ethereum meme coin markets has brought attention to Baby Apu Apustaja (BAPU), with the coin experiencing sensational overnight gains. The current market price for BAPU stands at $0.000000059, representing a significant 24-hour change of +8,522%. The coin’s technical rally has been impressive, hitting a local all-time high at $0.00000007 around 3AM
The recent pump of the new Solana meme coin SHIB has caught the attention of many traders in the crypto market. With a staggering 24-hour change of +5,300%, SHIB on Solana is currently trading at a market price of $0.00388. The price action suggests that the token is in a consolidation phase, primed for a
In the world of cryptocurrency, there is a well-known analyst and enthusiast named Crypto Con who has shared a positive sentiment surrounding the future of Bitcoin. According to Crypto Con’s analysis, historical patterns indicate that the price of BTC might skyrocket to $123,832 in the upcoming months. By closely studying past market behavior and trends,
The approval of spot Ether ETFs by the U.S. Securities and Exchange Commission has sparked discussions about the potential impact on the market. According to a report by Kaiko, if Grayscale’s upcoming Ether ETF follows the trend set by the company’s Bitcoin Trust, it could see an average outflow of $110 million per day. The
Ethereum (ETH) is currently experiencing a significant technical breakout, leading the way for a potential market surge. Analysts, such as Jelle, have pointed out that Ethereum has broken out of a bearish pattern, specifically the “falling wedge,” and has successfully turned key resistance levels into support zones. The current push towards the $4,000 mark indicates
Following a crucial week for Ethereum, a technical candlestick arrangement indicates that ETH prices could be gearing up for a significant uptrend in the near future. An analyst points out events in the monthly chart, highlighting the reversal of the ETH/BTC ratio from a multi-year support trend line. Historically, when prices bounce off this line,