On Wednesday, there was a total withdrawal of approximately $165 million from Bitcoin ETFs, marking the fourth straight day of outflows this week. Global investors are keeping a close eye on the highly anticipated Bitcoin halving event, scheduled for later in the year. The cost of a bitcoin dipped down to $59,678 due to deteriorating … Read more
The dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) regarding the classification of XRP as a security is expected to reach the US Supreme Court, with this possibility becoming more likely following a recent court decision in the Coinbase case. This judgment, presided over by Judge Katherine Failla from the Southern … Read more
The global number one cryptocurrency exchange, Binance, has declared that it will change its User Asset Security Fund (SAFU) into Circle’s US Dollar Coin (USDC) stablecoin. In an announcement, Binance praised Circle’s USDT as an “audited” and “trusted” stablecoin. Back in July, Binance established an emergency fund to protect its users. A share of the platform’s … Read more
Following an earlier ban by the Indian government this year, Binance, the leading global cryptocurrency exchange, is planning to make a comeback into the Indian market. According to insider information, Binance will pay around $2 million as part of its plan to re-enter the market. The exchange aims to function as a registered entity under … Read more
Today, the prices of the leading cryptocurrencies took a downturn. Bitcoin (BTC) dropped below $62,000, while Ethereum (ETH) came close to dipping under $3,000. Notably, other significant altcoins like Cardano (ADA), Solana (SOL), and XRP experienced substantial declines. Major Crypto Prices Today The price of Bitcoin decreased by 3.81%, resulting in a value of $61,661.78 … Read more
Recently, Binance, the well-known cryptocurrency exchange, surprised everyone with an unexpected announcement: they intend to change all SAFU (Secure Asset Fund for Users) assets into USDC (US Dollar Coin). This news has caused a stir in the crypto world. In a post on their official blog published on April 18, Binance explained that their goal … Read more
Over the past few years, crypto attacks have grown in complexity and frequency. In the year 2024 alone, the community has witnessed a staggering loss of hundreds of millions of dollars due to exploits and scams, leaving investors dismayed with nothing to show for their investments. In some cases, individuals who successfully exploit a project’s … Read more
Recently, Tools for Humanity, the organization responsible for Worldcoin, unveiled plans for World Chain, an open-source Ethereum layer-2 blockchain scheduled to launch around mid-2024. This new blockchain is designed to revolutionize human authentication through its compatibility with the Worldcoin protocol. Worldcoin Unveils World Chain Worldcoin aims to develop the biggest global identity and financial network. … Read more
Crypto mining is facing renewed criticism as the Arkansas State House has approved two bills that may limit the practice within the state. This review comes just before significant elections, during which crypto supporters are expected to significantly influence the outcome. Nonetheless, these bills have not been converted into law yet. Arkansas State to Likely … Read more
Shiba Inu’s price trend may be changing as its 21-day moving average now sits below its 50-day moving average. While this crossover doesn’t typically signal major issues, it does indicate that the momentum in the Shiba Inu market is weakening significantly. Currently, Shiba Inu (SHIB) is hovering around $0.000022. It appears to be pausing and … Read more