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On yet another day, the SEC has announced yet another charge. In another case, the SEC has charged Consensys Software Inc. with the unregistered offer and sale of securities through its MetaMask Staking service and operating as an unregistered broker through both MetaMask Staking and MetaMask Swaps. The charges were announced on June 28, 2024….
According to Arkham Intelligence, a blockchain explorer, the U.S. government transferred 3,940 Bitcoins to coinbase , valued at approximately $241 million. See Also: Massive Bitcoin Whales Transactions The Reason Behind The Transfer of Bitcoins To Coinbase Arkham Intelligence’s data reveals that the government holds more than $13 billion worth of Bitcoin. The reason behind this recent…
The SEC Chair Gary Gensler expressed confidence in the approval process for spot Ethereum ETFs during an interview at the Bloomberg Investment Summit. He did not, however, provide a specific timeline for when these ETFs might be available. The SECs Stand At The Moment Gensler emphasized that the main focus is on asset managers ensuring full…
The Solana Foundation is making headlines with its latest announcement: the introduction of innovative features aimed at rejuvenating the cryptocurrency community’s presence on social media platforms like Twitter. These features, Actions, and Blinks, will change the way users engage with crypto, allowing for direct on-chain transactions from their preferred websites and social networks. Crypto Twitter,…
Recently, Solana’s price has maintained a level above $130 over the past 48 hours. With Solana gaining over 30% of the funds exiting the Ethereum network, it stands to gain significantly from the upcoming spot Ethereum (ETH) ETF launch. Solana’s Price Set to Gain from Ethereum ETF Inflows Since its inception in 2020, Solana has outperformed…
Two US lawmakers, Representative French Hill (Republican) and Representative Chrissy Houlahan (Democrat), have visited Tigran Gambaryan, a Binance executive currently detained at the Kuje correctional center in Abuja, Nigeria. The visit was intended to show concern in the growing international concern over Gambaryan’s detention conditions and the Nigerian government’s stance on cryptocurrency operations. Tigran…
Whale Alert, a well-known major crypto transfer tracker, reported mind blowing Bitcoin whales transactions earlier today. Bitcoin Whales Transactions and Market Movements Within an hour, nearly $1 billion worth of Bitcoin where transferred between wallets. Specifically, Whale Alert detected three consecutive transactions amounting to 11,358 BTC, equivalent to approximately $743 million. The transfers included 6,499 BTC,…
Multi-million global investment firm, VanEck is set to launch the first Bitcoin ETF on the Australian Securities Exchange (ASX) this Thursday. The announcement, which came earlier this week, marks the culmination of a three-year journey for VanEck and a significant milestone for cryptocurrency’s integration into mainstream finance. The official announcement was made public on June…
How has the recent market dump affected US Bitcoin ETFs ? and what is the effect of these outflows on the future of Bitcoin? Sentiments Around The US Bitcoin ETFs Outflows The market sentiment towards Bitcoin and US Bitcoin ETFs has undergone a notable shift in response to recent market conditions. This change is shown by…
Telegram-based game “Hamster Kombat” has captivated a staggering 150 million players worldwide, a figure that overshadows the population of Russia. This playful and engaging p2e game has become a sensation almost overnight, drawing in users with its quirky concept and the promise of crypto rewards. Hamster Kombat” emerged as a playful twist on the…
Chinese telecom giant Coolpad has announced a significant investment in Bitcoin mining rigs, earmarked for deployment across North America. This strategic pivot follows Coolpad’s earlier initiative to invest in Bitcoin-centric enterprises, signaling robust confidence in the digital currency’s future. Mining rigs are the workhorses of the cryptocurrency world. They perform the critical task of…
Notcoin has been the talk of the day, as notcoin’s price has kept rising in recent times. Notcoin’s Price and Trading Volume Notcoin (NOT) has recently experienced a significant price surge, catching the attention of many in the crypto market. Over the past 24 hours, Notcoin’s price rose by 4.22%, reaching a value of $0.02009….
Binance exchange announced that Nigerian authorities have dropped certain criminal charges against their executives of the leading cryptocurrency exchange who has been detained in Nigeria since April. See Also: Binance Exchange Accuses The Nigerian Government of Demanding $150 Million Bribe In Crypto How The Binance Exchange Executives Were Apprehended Two Binance executives, Tigran Gambaryan and Nadeem…
The Normie Meme Coin team has come under fire for releasing a promotional video that depicted an act of suicide. The controversial video, which was intended to promote the cryptocurrency token, showed the Normie character engaging in self-harm, followed by a burial scene, and culminating with an encounter with a deity-like figure. In the video,…
