Bitcoin’s price dropped sharply on Friday from $57,000 to under $53,000 in a matter of hours, before recovering some ground. Some investors and long-term BTC enthusiasts, such as Arthur Hayes, attempted to capitalize by shorting the asset. However, Hayes mentioned ...
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The U.S. Federal Reserve has issued a cease-and-desist order against United Texas Bank (UTB), one of the few remaining American financial institutions still catering to crypto companies. The central bank cited “significant deficiencies” in its governance, particularly in its adherence ...
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If Ethereum can overcome three significant price challenges in September, the network might see brighter days ahead. The Dencun upgrade’s introduction of low-cost blobs for Layer-2 blockchains to quickly scale the network has sparked a surge in activity on Ethereum’s ...
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As the crypto market remains unpredictable and continues to dip, large investors are not slowing down in their activities. Analysis by data intelligence firm Santiment has revealed the top ten crypto projects with the highest increase in whale activity. In ...
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Cryptocurrency exchange Coinbase has achieved a partial victory against the U.S. Securities and Exchange Commission (SEC), potentially gaining access to critical documents regarding the agency’s classification of tokens as securities. On September 5, Judge Katherine Failla of the Southern District ...
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While the latest US labor market report wasn’t terrible, traditional financial markets and major cryptocurrencies seem to be factoring in an increasing risk of recession. Crypto traders are contemplating the best cryptocurrencies to buy now to protect against potential losses. ...
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Ripple co-founder and executive chairman Chris Larsen signed a letter alongside eighty-eight corporate leaders on Friday, endorsing Democratic nominee Kamala Harris for the 2024 U.S. presidential election. Chris Larsen Signs Presidential Election Endorsement According to CNBC, other important signers of ...
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Russia has taken steps to utilize cryptocurrency, enacting legislation permitting cryptocurrency mining and using digital currencies for international transactions. According to a report from Chainalysis, Russia’s Central Bank (CBR) is leading this initiative, with plans for trial cross-border crypto transactions ...
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U.S. Lawmaker French Hill Calls for Release of Detained Binance Executive Following Disturbing Video
U.S. Congressman French Hill (R-AR) called on the Nigerian government on September 4 to release detained Binance executive Tigran Gambaryan after a disturbing video surfaced. The video, taken during a court appearance in Abuja, shows Gambaryan visibly struggling with his ...
Read MoreThe Indian government has given the green light for a new semiconductor unit in Sanand, Gujarat. The first semiconductor chip from this facility is anticipated to be produced by mid-2025. This approval came during a Cabinet meeting chaired by Prime ...
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