A U.S. federal court in Boston fined UAE-based crypto firm CLS Global $428,000 for manipulating token trading volumes through a wash trading scheme. The April 2 ruling also prohibits the company from operating in the U.S. for three years. CLS ...
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The global artificial intelligence (AI) market is expected to expand from $214.6 billion in 2024 to $1,339.1 billion by 2030, with a compound annual growth rate of 35.7%. Despite this growth, concerns about AI’s impact on jobs persist, especially in ...
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**Grayscale’s Move to Convert Solana Trust into ETF Faces SEC Review** Grayscale Investments has filed for regulatory approval to transform its Solana Trust into an exchange-traded fund (ETF) on NYSE Arca. This move aims to provide investors with a regulated, ...
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**Ethereum’s Pectra Upgrade Set for May 7 Launch** Ethereum developers have set May 7, 2025, as the official launch date for the Pectra upgrade on the mainnet. This upgrade aims to enhance scalability, wallet functionality, and transaction processing, despite Ethereum’s ...
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As the cryptocurrency industry grows, American Bitcoin mining companies are making bold moves to become global leaders. Hut 8 is at the forefront of this push, leveraging strong connections with the Trump administration. Their CEO is driving efforts to dominate ...
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**DeFi’s Total Value Locked Drops Over 30% Amid Market Uncertainty** The value locked in decentralized finance (DeFi) has plunged by more than 30% from its December peak, highlighting market instability and declining investor confidence. DeFi’s TVL currently stands at $94.49 ...
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**Solana Faces Market Turmoil Amid Tariff Announcements** Solana (SOL) experienced a rough week, dropping 8% to $115 after former U.S. President Donald Trump announced new tariffs that rattled financial markets. The broader crypto market followed suit, with Bitcoin and Ethereum ...
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Recent fluctuations in Bitcoin’s price are prompting analysts at Swiss crypto bank Sygnum to liken it to high-growth tech stocks rather than traditional safe-haven assets like gold. In a newly released market outlook, Sygnum’s research team explores whether Bitcoin still ...
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Early-stage investment in Bitcoin-native startups experienced a significant surge in 2024, highlighting the growth of this previously niche sector, according to a new report by Trammell Venture Partners (TVP). Despite a 22.1% decline in overall capital raised in 2024, the ...
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Coinbase Institutional has filed for approval from the Commodity Futures Trading Commission (CFTC) to offer XRP futures trading. This new feature aims to meet the growing demand from institutional investors who want to diversify their portfolios with XRP, a cryptocurrency ...
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