Binance-based BNB coin’s remarkable display of consistency has sparked hopes of a bullish breakout. Technically speaking, the token remains firm within the upward trend, trading between ascending support and resistance levels. Analysts suggest that BNB could be on the cusp of a new bullish cycle, with the coin possibly reaching ... Read more
Shiba Inu (SHIB) is expanding its ecosystem by partnering with Zama.ai, an open-source cryptography company. In a recent X post by Shiba Inu’s marketing lead, Lucie, the collaboration has been made to put into its Shibarium blockchain the Fully Homomorphic Encryption (FHE) in order to boost the privacy and security ... Read more
As bankrupt crypto exchange FTX gears up for its $16 billion payout in Q4 2024, rumors are mounting that its distribution date could be as early as October 1, 2024. The upcoming release of these funds could significantly impact the crypto market. However, Sunil, an FTX creditor champion, clarified that ... Read more
Matrixport, co-founded by Jihan Wu, has officially completed its all-cash acquisition of Crypto Finance (Asset Management) AG (CFAM), a Swiss firm renowned for its compliant crypto asset management services. This strategic move positions Matrixport to broaden its reach within the pan-European market, enhancing its status as a comprehensive crypto financial ... Read more
Bitcoin (BTC) finally reached the $66,500 market price for the first time since August 1st. The rally could largely be attributed to whales and sharks within the cryptocurrency market, who continued their accumulation and helped prevent Bitcoin’s price momentum from falling for a longer period of time. In the past ... Read more
Bitcoin’s increasing link with US equity markets has become the focus, influenced by macro drivers including the Fed’s recent actions. Since the interest rate cuts affected many markets, BTC rose above $64,800 and copied the moves of US stocks. This rising link shows that the legacy financial markets are gradually ... Read more
Solana (SOL) continues its upward trajectory, gaining significant attention as its value surges. Over the past week, SOL has increased by nearly 7%, and within the last 30 days, it has climbed by around 8%. This strong performance hints at potential further growth in the coming weeks. As of now, ... Read more
Crypto scammers in Southeast Asia have been the center of a major takedown after U.S. authorities seized over $6 million in cryptocurrency from wallets connected to investment fraud targeting American citizens. The operation, announced by U.S. Attorney for the District of Columbia Matthew Graves and several other top law enforcement ... Read more
Crypto trading platforms in Canada are facing a new extension to comply with rules surrounding stablecoins, as announced by the Canadian Securities Administrators (CSA). This marks the second extension for enforcing stablecoin regulations, indicating ongoing adjustments in Canada’s approach to regulating value-referenced crypto assets (VRCAs), particularly stablecoins tied to fiat ... Read more
Ethereum transaction fees have been steadily increasing in the past couple of weeks, which typically invites intense scrutiny among the crypto community. However, investors are willing to bear these additional costs as long as their portfolios are trending upward. This might be the reason why overall sentiment have so far ... Read more
