Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention from authorities in Nigeria. The crypto exchange said that it will remove all current NGN pairs by Thursday, and any remaining NGN balances will be transformed into USDT by Friday. According to the official blog post,...Read More
The United States Securities and Exchange Commission (SEC) has once more postponed its decision to approve or deny the applications for spot Ethereum exchange-traded funds (ETFs) submitted by BlackRock and Fidelity. The latest delay comes weeks after the agency greenlighted several Bitcoin ETFs that have since gained massive traction. SEC Delays Decision on Ethereum ETFs...Read More
The Fantom Foundation reported that the Singapore High Court instructed Multichain to compensate it. Fantom plans to seek liquidation through the court to retrieve community assets, which include around $65 million in stablecoins that are currently frozen. Following the latest legal triumph, the platform anticipates the Singaporean court to designate a liquidator to evaluate the...Read More
Bitcoin (BTC)’s meteoric rise over the past few months has many long-term holders starting to cash out their positions, on-chain data suggests. In a research newsletter published on Tuesday, Glassnode noted that long-term investors have already distributed 480,000 BTC since December 2023, from which time BTC has appreciated 45%. Bitcoin’s Distribution Phase According to lead...Read More
With Bitcoin (BTC) setting its sights on a retest of its all-time high (ATH) this week, the meme coin sector, led by Dogecoin (DOGE) and Shiba Inu (SHIB), has seen remarkable increases. These gains are supported by encouraging on-chain metrics indicating strong bullish momentum. Consequently, DOGE and SHIB have experienced significant gains over the past...Read More
Every holder of OP, the native token of the Ethereum-based layer-2 scaling solution Optimism, is currently in profit following the asset’s surge past its all-time high. According to data shared by crypto market intelligence platform IntoTheBlock, over one million addresses holding OP, including wallets that acquired the token at $4.01, are currently in the money....Read More
Terraform Labs co-founder Do Kwon may not be leaving for the United States any time soon after the Appellate Court of Montenegro overturned a previous decision by a lower court to extradite the former crypto exec to the US. Do Kwon is facing fraud and other criminal charges in the United States following Terra’s collapse...Read More
[PRESS RELEASE – Los Angeles, United States, March 5th, 2024] Sahara’s AI network empowers individuals and businesses to own, monetize, and scale proprietary knowledge through privacy-preserving and personalized Knowledge Agents. Sahara, a decentralized AI network that transforms how knowledge is owned, shared, and monetized globally, today announced its $6 Million seed funding round led by...Read More
[PRESS RELEASE – Dubai, UAE, March 5th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest Layer 1 blockchain, today announced the launch for the second round of its TVL (Total Value Locked) Incentive Program for Web3 projects building on its DeFi hub, BNB Smart Chain (BSC). A prize pool of up...Read More
A slew of crypto staking and infrastructure leaders have publicly committed to securing the Stack (STX) blockchain – a network focused on bringing staking, NFTs, and other functionality to Bitcoin (BTC). The eight new organizations joining Stacks Consensus include Blockdaemon, NEAR Foundation, DeSpread, Luxor, Chorus One, Kiln, Restake, and Alum Labs. The new companies join...Read More
A CryptoPunk non-fungible token (NFT), which belongs to the rarest set in the collection, was sold for over $16 million worth of Ether (ETH). The latest sale is the second-highest CryptoPunks transaction after a record-breaking purchase in February 2022. Alien Punk NFT Sold for 4,500 ETH On Monday, March 4, 2024, an anonymous buyer purchased...Read More
Different regions are widely adopting crypto. Governments of different nations are recognising the value of this evolving sphere and releasing some very friendly regulations to foster more and more acceptability among the residents. February 2024 has been a month of new series of development when it comes to crypto adoption and regulation. The report by...Read More
In a recent interview with Bloomberg Television’s Katie Greifeld, Saylor said, “I’m going to be buying the top forever. Bitcoin is the exit strategy. It is the strongest asset.” As Bitcoin’s price soared around the $65K mark and near its previous record high, it may pull back some to correct. But most analysts like Galaxy...Read More
Euro Pacific Asset Management founder Peter Schiff, a cryptocurrency skeptic, recently warned that Bitcoin is the “ultimate asset bubble” as Bitcoin price soared. Bitcoin price was flying somewhere above $61,500 when Schiff made his warning. At the time of this writing, four days later, BTC is trading above $65K. Peter Schiff Warns of Bitcoin Bubble...Read More
Este artículo explica cómo realizar una operación con apalancamiento en BitMEX. Para el propósito de este ejemplo, usaremos un contrato de futuros XBT/USD en BitMEX. Estos contratos en BitMEX son contratos de futuros inversos, con un ejemplo siendo XBTU23 – los símbolos de los contratos están compuestos por el símbolo de Bitcoin (XBT), acompañado por...Read More
[PRESS RELEASE – Paris, France, March 5th, 2024] Uniting Web3 Visionaries and Global Leaders Following the success of its 2023 edition, the Proof of Talk summit, heralded as the Davos of Web3, is back for its second year and brings together thought leaders, investors, CEOs, founders, exchanges, digital asset managers, and regulatory authorities for networking...Read More
[PRESS RELEASE – Vilnius, Lithuania, March 5th, 2024] HODLPad, the decentralized launchpad has launched their IEO on ProBit Global. HODLPad provides DeFi investment opportunities with their game-changing Future Sales of Vested Tokens (FSVT) marketplace. HODLPad is focused on solving crucial needs in the DeFi space. It ensures fair access to high-quality projects through initial decentralized...Read More
MicroStrategy, the leading corporate holder of Bitcoin (BTC), has announced plans to raise $600 million through senior convertible notes to expand its Bitcoin reserves further, as confirmed by its founder and chairman, Michael Saylor. On March 4, Saylor announced that MicroStrategy is seeking to raise over $600 million through senior convertible notes, a type of...Read More
Jake Chervinsky, Chief Legal Officer of cryptocurrency company Variant, has posted on X that he doubts the likelihood of a spot Ethereum (ETH) ETF approval this year. Chervinsky’s comments come amid a bull run in the cryptocurrency markets, and he believes such an ETF could grow the market further. SEC Faces Pressure in Ethereum ETF...Read More
Crypto fanatics eager for a market-shattering Ethereum spot ETF launch may be in for an underwhelming surprise, according to Bloomberg ETF analyst Eric Balchunas. While the recent launch of multiple Bitcoin spot ETFs in the United States has proven phenomenally successful, Balchunas claims a follow-up launch for Ethereum would be “small potatoes” compared to the...Read More
