June 22, 2024

FCA Cracks Down on Suspects in $1.2B Illegal Crypto Asset Business

Two individuals were detained and questioned by the UK Metropolitan Police and the Financial Conduct Authority (FCA) for allegedly running an illegal cryptocurrency operation exceeding 1 billion British pounds ($1.2 billion) in the region. The FCA emphasized key registration requirements for crypto businesses and issued consumer warnings. Suspects Arrested and Questioned According to the Financial...
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Messari’s New Report Recognizes Nervos CKB as a Game-Changer for Bitcoin’s Scalability and Programmability

[HANGZHOU, 中国, June 22nd, 2024] In a groundbreaking analysis, leading cryptocurrency research firm Messari has published a comprehensive overview of the Nervos Network (CKB), spotlighting its pivotal role in enhancing Bitcoin’s technological framework. The report details how Nervos leverages its innovative Layer-1 blockchain and RGB++ protocol to address critical scalability and programmability challenges within the...
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Bitcoin (BTC) vs. Ethereum (ETH): Which Will Win Q3 2024?

The world’s number one and two leading cryptocurrencies by market capitalization, daily transaction volume, and crypto exchange volume have almost perfectly tied for ROI from Jan. 1 through the middle of June. For comparison, the S&P 500 Index notched up nearly 15% over that same period. But that’s more than the broad stock market benchmark...
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Why Has Avalanche’s (AVAX) Price Tanked to a Six-Month Low?

The AVAX native token for the layer-1 blockchain Avalanche is in severe pain this weekend, slumping more than 10% at one point in a fall to its lowest level since December 2023. Over the past 24 hours, the token has crashed from $27.87 to an intraday and six-month low of $24.92, according to CoinGecko. Moreover,...
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Big Win for Ripple (XRP)? CEO Clarifies Recent Woes in the California Lawsuit

The ongoing legal disputes that Ripple is having with the United States Securities and Exchange Commission have been at the forefront of the cryptocurrency industry for quite a while. The case is currently in its last stage, but it’s not the only one that the company has to face. Ripple’s Legal Woes in California In...
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Crypto Market Prediction 2024: These Cryptocurrencies To Hit New ATH By Year-End

Santiago R Santos, a well-known figure in the crypto world, recently shared his market outlook for the rest of 2024. Here’s a concise breakdown of his key predictions: My theses for the rest of 2024: 1. We end the year at ATHs for majors (BTC, ETH, SOL) 2. Tokens with big unlocks continue to underperform....
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Tether on TRON Network Surpasses Visa’s Average Daily Volume Hitting $53B

The 24-hour trading volume of Tether (USDT) reached $53 billion on the TRON network, surpassing payment giant Visa’s average daily trading volume of $42 billion for Q1, 2024. This comparison is particularly important given Visa’s stature as one of the world’s largest payment processors, managing billions of transactions across more than 200 countries and regions....
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Bitcoin (BTC) $ 67,878.19 0.83%
Ethereum (ETH) $ 2,427.21 0.96%
Tether (USDT) $ 0.999816 0.02%
BNB (BNB) $ 555.30 0.02%
Solana (SOL) $ 161.62 0.20%
USDC (USDC) $ 1.00 0.07%
XRP (XRP) $ 0.509763 1.93%
Lido Staked Ether (STETH) $ 2,426.94 0.97%
Dogecoin (DOGE) $ 0.158567 7.71%
TRON (TRX) $ 0.163879 0.26%