The Chamber of Digital Commerce (CDC) has filed an amicus curiae to defend Kraken in a lawsuit the U.S. Securities and Exchange Commission (SEC) initiated in 2023. Notably, the CDC supported the crypto exchange’s motion to dismiss the lawsuit in its latest filing. Chamber of Digital Commerce Argues for Kraken In a February 27 filing,...Read More
Ripple partnered with the Axelar Foundation to boost interoperability within the XRP Ledger (XRPL) blockchain, with a specific emphasis on advancing the tokenization of real-world assets (RWAs). The integration of the Axelar network with the XRPL aims to strengthen the layer 1’s DeFi ecosystem by providing necessary liquidity for stablecoins and high-value assets. Meanwhile, the...Read More
The development team behind Dogecoin spinoff Shiba Inu has introduced a new tool for enhancing user privacy in the SHIB and Web 3 ecosystems. The innovation, known as “Fully Homomorphic Encryption (FHE) brings “complete on-chain data protection.” to members of the SHIB community, according to a press release shared with CryptoPotato. SHIB has launched the...Read More
As Bitcoin (BTC) price rallies above $60,000 for the first in more than two years, the altcoin market is gradually catching up on a bullish trend. The rise of blockchain technology is inevitable as institutional investors lead in crypto buying pressure. With the existence of dozens of blockchains including layer-ones and layer-twos, the need to...Read More
BlackRock’s Bitcoin (BTC) ETF has cracked a new daily inflow record, helping push Bitcoin’s above $60,000 for the first time since November 2021. The iShares Bitcoin Trust (IBIT) absorbed another $520 million on Tuesday, bringing the fund’s total flows since launch above $6.5 billion. Furthermore, thanks to Bitcoin’s rising price during that period, the value...Read More
COTI Foundation has just announced the target use cases and focus areas for its $100 million development fund, all of which will be allocated in COTI tokens. According to a press release shared with CryptoPotato, there will be a selection process for projects who want to apply for funding, and it will be open to all developers,...Read More
The Crypto Fear and Greed Index has shown that investors are currently as greedy as they were more than two years ago when Bitcoin (BTC) hit its all-time high of $69,000. According to data on Alternative.me, crypto market sentiment is now as high as 82, representing a period of extreme greed among investors amid BTC’s...Read More
Renowned crypto analyst Dark Defender shared insights on the current state of XRP, suggesting that the cryptocurrency is poised for a potential surge, with a possible target of $0.91 by March 10-13. However, this prediction stems from developments related to the SEC, specifically, its request for a Remedies Deadline Extension to March 13, submitted to...Read More
By Trevor Traina, Founder and CEO of Kresus You are reading these words because our planet is orbiting the sun at just the right distance to neither fry nor freeze us. Our planet is perfectly balanced for life to thrive. And within that world, numerous other forces exist in a state of optimal balance: light...Read More
[PRESS RELEASE – London, United Kingdom, February 28th, 2024] The Bitcoin Dogs presale has already raised over $5.1 million in under 14 days. With only 5 stages remaining, the ICO is now at its halfway point and only has 16 days left before it ends. The ICO is covering fresh territory: no BRC-20 token on...Read More
This market cycle’s altcoin season could be as staggeringly profitable as in previous bull market years. The oncoming inflow of capital to altcoin markets represents an unprecedented level of institutional desire and regulatory approval for Bitcoin and blockchain cryptocurrencies. For those wondering why bitcoin is going vertical today, the answer is very simple: Wall Street...Read More
A new listing – PORTALUSDT – featuring PORTAL, a cross-chain gaming platform, will be available to trade on BitMEX, and with up to 10x leverage later this week. Trading is expected to commence shortly after 10:00 UTC once spot markets have opened. For the lowdown on the latest listing, read on. If you haven’t signed...Read More
Bitcoin’s supply-in-profit ratio is very high at the moment, as reported by on-chain analytics firm CryptoQuant on Feb. 28. It noted that the current ratio is the same as the ratio recorded at the peak of the “echo bubble in 2019” and the beginning of the bull market in 2020.” Furthermore, it is approaching levels...Read More
The Blast network’s layer 2 project, RiskOnBlast, has been scrutinized due to suspicions of a potential rug pull scam surfacing. The incident has left investors reeling from significant losses estimated at around 420 Ether (ETH), equivalent to approximately $1.25 million at current market rates. Rug Pull Suspicions The incident began when community members noticed the...Read More
Bitcoin has again shown its resilience and upward momentum, surpassing the $55,000 mark following a breakout from a 10-day accumulation range. This milestone, achieved for the first time since November 2021’s all-time high, marks another record-setting moment in the cryptocurrency’s journey. Ethereum has joined the rally, surging by 26.6% since its cycle low, while Bitcoin...Read More
