Derivatives marketplace Bitget has unveiled the ‘Bitget EmpowerX Fund’ that is designed to boost the platform’s ecosystem development. According to the press release shared with CryptoPotato, the focus will be on seeking investment opportunities in regional exchanges, data analytics firms, media organizations, and other entities that contribute to the growth of its ecosystem. The EmpowerX...Read More
With less than a month left before Sam Bankman-Fried’s court case is due to begin, DOJ officials have been rushing to put the final touches to their arguments. Since the outcome will be decided by a jury, the DOJ has spent a while formulating questions for members of the jury to ensure that they are...Read More
Market depth is an interesting concept to understand, especially for those who are into cryptocurrency trading. In essence, it’s a way to gauge how liquid a certain cryptocurrency is and if its order book is healthy and can consume a certain number of orders. That said, Ripple’s XRP is one of the most traded altcoins...Read More
In the latest twist to the Celsius bankruptcy saga, founder Alex Mashinsky is requesting the court to dismiss the Federal Trade Commission’s (FTC) case against him. Mashinsky Arrested on Multiple Fraud Counts According to a Sept. 11 court motion, Mashinsky’s legal team argued that the FTC’s allegations do not contain the necessary elements to support...Read More
The pseudonymous X (Twitter) user “Shib Informer” believes that the price of Shiba Inu will go up once investors display a huge appetite for the memecoin. According to them, such a demand could be triggered by lowering the fees on Shibarium and increasing its utilization. “Shib Informer” thinks that having “really low” transaction fees could...Read More
Global cryptocurrency exchange CoinEx has been hacked for at least $29 million, with blockchain sleuths identifying a series of suspicious transactions leaving the firm’s hot wallets. Crypto security platform Cyvers reported the breach on Tuesday, calling on CoinEx to halt all deposits and withdrawals immediately. The hack occurred across three different blockchains, involving a wide...Read More
[PRESS RELEASE – Please Read Disclaimer] LYOTRADE, a prominent centralized cryptocurrency exchange, has unveiled an innovative and game-changing addition for crypto enthusiasts and traders worldwide with its newly launched Copy Trading feature. Copy Trading allows users to seamlessly mirror the trading activities of experienced traders, generating returns based on the curated expertise of their chosen...Read More
[PRESS RELEASE – Chicago, IL, September 12th, 2023] Jurat Blockchains, a regulatory technology company bridging blockchains to the U.S. court system, is pleased to welcome industry veteran Dan Wasyluk as its new Chief Technology Officer. Mr. Wasyluk will oversee Jurat’s suite of on-chain legal enforcement products including the JTC blockchain ($JTC), the JTC Ordinals digital...Read More
In a trading environment where a bearish outlook has taken center stage, leading to heavy asset liquidation every hour, Litecoin (LTC) is capturing attention for all the right reasons. As traders prepare for another wave of selling pressure following tomorrow’s highly awaited court approval that will enable FTX to offload its $3.4 billion in cryptocurrency...Read More
Token burns have become particularly popular throughout the past years in the cryptocurrency market as more projects are resorting to this method of reducing their primary token supply. The process of burning tokens, however, is different and varies from one project to another, with the only common denominator being its purpose. That’s why it’s important...Read More
The global crypto adoption is down, but there’s more to the story. Lower middle-income (LMI) countries, for one, have demonstrated an extremely promising crypto adoption trend. This cohort of countries constitutes 40% of the world’s population. Hence, if they are the future, they could be a big part of the crypto future, according to Chainalysis’...Read More
With the cryptocurrency market in accumulation mode, investors are confronted with the difficult question “What crypto should I buy?” A dynamic trio of Top 3 cryptocurrencies are generating fresh excitement among investors. Domini ($DOMI), Hedera and NEO are making waves, and for good reason. Domini’s innovative approach to combining blue-chip art and blockchain technology has...Read More
While some people believe that the prolonged crypto winter is near its end, this is not the case with Messari’s CEO – Ryan Selkis. He thinks the market could suffer an additional blowback in the near future, arguing that the current situation is worse than the one observed in 2019. Selkis took it to X...Read More
The market remains in an “apathetic” state, with digital asset funds experiencing outflows totaling $59 million last week, bringing the total outflows in this streak to $294 million. This represented 0.9% of total assets under management (AuM). Digital asset manager Coinshares attributed these movements primarily to ongoing concerns about the regulatory environment for the asset...Read More
Shiba Inu official and Marketing Strategist of Shibarium, going by the name LUCIE (on X/Twitter), alerted the community about malicious projects containing the name of the memecoin and its recently launched layer-2 blockchain solution. They retweeted a previous statement shared by the Shiba Inu developer Kaal Dharyia, where he urged people to conduct proper due...Read More
Liquidity across the crypto market continues to dry up, with both on-chain and off-chain volumes reaching historical lows. These were the findings from analytics provider Glassnode in its latest weekly report on Sept. 11. Moreover, a “significant proportion” of the BTC supply is teetering on the edge of falling into a significant unrealized loss, it...Read More
According to the popular cryptocurrency analyst Shannon Thorp, the price of Ripple’s native token could blast beyond $500 in the future. She based her bold prediction on a recent report that estimated that the total value of cross-border payments might reach $250 trillion by 2027. XRP Hitting the $500 Mark? Thorp shared some key points...Read More
