Bankrupt cryptocurrency trading platform FTX Derivatives Exchange has filed a lawsuit against Anthony Scaramucci. Known for his political and crypto engagements, FTX is out to recoup up to $67 million the trading firm invested into SkyBridge Capital ventures. FTX and the Eleventh Hour Lawsuit According to a report from Bloomberg, the John Ray III led…
The memecoin market is showing strong bullish signals as FLOKI price and PEPE price prepare for potential breakout rallies. Both tokens have recently formed bullish pennant patterns, a technical indicator that often precedes upward movement, hinting at renewed investor interest. PEPE Price Eyes Breakout with Bullish Pennant Formation PEPE’s current price stands at $0.00001124, and…
The crypto market eagerly awaits the US CPI inflation data this week, which is likely to decide the future path of the Federal Reserve’s monetary policy plans. Besides, a flurry of other key events, including Fed Chair Jerome Powell’s speech is also scheduled later this week. Notably, this comes a week after the US FOMC…
Cardano Founder Charles Hoskinson has confirmed plans to collaborate with the U.S. government under Donald Trump to help shape crypto legislation. The goal is to create clear regulatory frameworks for the cryptocurrency industry, which has faced years of uncertainty and regulatory challenges. Charles Hoskinson revealed these plans during a recent address, where he emphasized the…
With the crypto market rally, the investor’s excitement is quite high, but for the Mantra fans, it has doubled as the team has officially confirmed the 50M OM airdrop. With this, the community of over 350,000 members will be able to participate in this massive Gendrop airdrop, where the NFT holders, stakers, and ecosystem active…
The price of Cardano (ADA) is taking a breather at the moment, a correction that becomes imminent after a period of epic rally. While the coin remains in the spotligh as one of the best performers in the past week, it’s future growth outlook has sparked a new bout of analysis. As a complete protocol,…
The recent rally in Jupiter price (JUP) has gained substantial attention in the cryptocurrency market, as the token climbed 29% within a week to reach $1.20. This sharp increase has raised questions about the potential for continued upward momentum, with indicators suggesting that further growth could push JUP Price towards the $1.8 mark. Jupiter Price…
In a recent interview, Anatoly Yakovenko, Solana’s founder, spoke to the unique position this ecosystem holds in the blockchain landscape, using its implementation against L2 scaling solutions and other Layer 1 blockchain systems. Previously he raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution. This query…
Terra Classic (LUNC) price has surged significantly recently, aligning with a broader crypto market rally drawing investors’ attention. As bullish trends dominate November, LUNC’s price momentum has sparked optimism among analysts, with a key target set at the $1 level. The rise is also bolstered by an uptick in LUNC token burns, which reduce supply…
Federal Reserve officials are preparing for the second Fed rate cut next week, in response to a steady decline in the inflationary pressures that previously contributed to widespread frustration among Americans and factored into Donald Trump’s presidential win. However, the Fed’s future policy decisions are now uncertain after the election, as Trump’s economic plans have…