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Bitcoin (BTC) price hit $73,681 on Bybit exchange on October 29 but failed to retest the all-time high (ATH) of $73,949. Although BTC was $267 away from its peak, there are no signs that investors have comeback yet. Hence, a potential crash could be brewing for Bitcoin. In this CoinGape article, we will explore two…
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A massive transfer of 31.1 million XRP tokens, worth approximately $15.8 million, was detected moving from an unidentified wallet to the crypto exchange Bitso. This large transaction has caught the attention of the XRP community, as it coincides with critical developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). XRP…
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In a revealing update from the Blockchain Association, a crypto industry group, firms have reported substantial financial burdens due to the actions of the U.S. Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This data, compiled and released in cooperation with HarrisX, shows that since April 2021, when Gensler took office,…
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AI news: The European Commission has decided to review Nvidia Corporation’s planned $700 million acquisition of Run Labs Ltd, an AI workload management startup based in Tel Aviv. This decision came after Italy’s competition authority flagged the deal, utilizing its national powers to request an EU-level examination. According to EU law, even if a transaction…
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Immutable, the blockchain protocol designed for the next-generation of Web3 games said it has received a Wells Notice from the US Securities and Exchange Commission (SEC). The startup unveiled this in a recent update, a proof of the regulation by enforcement tactics of the markets regulator. Immutable Next on US SEC List After a year-long…
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Tether released its attestation report for the third quarter of this year, showing that the stablecoin issuer again recorded a net profit in the last quarter thanks mainly to its exposure to US treasuries and gold. This continues the company’s hot streak, having recorded net profits in the first and second quarters of the year.…
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Coinbase International Exchange has officially announced that it will soon support perpetual futures for First Neiro On Ethereum (NEIRO). The listing, scheduled to begin on November 7, 2024, at 9:30 am UTC, marks a significant milestone for NEIRO as it continues its impressive trajectory in the crypto market. Coinbase Futures Listing Set to Boost NEIRO…
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Ethereum (ETH) price has surged this week, signaling a robust bullish trend as it bounces from a crucial support level and nears significant resistance. ETH trades above $2,500, maintaining an upward momentum despite minor market corrections in recent hours. This recovery follows broader positive market sentiment, bolstering ETH’s position. With analysts forecasting a potential rally,…
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Donald Trump’s World Liberty Financial has lowered its pubic sales target of $300 following its disappointing sales since the WLFI token sale launched two weeks ago. The company revealed its new target for public sale in a filing with the US Securities and Exchange Commission (SEC). Donald Trump’s WLF Lowers Public Sale Target World Liberty…
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Elon Musk’s $1 million voter giveaway will proceed after a Pennsylvania state judge declined to immediately halt the initiative. The decision allows Musk’s Political Action Committee (PAC), America PAC, to continue distributing funds to registered voters just days before the November 5 U.S. presidential election. Philadelphia District Attorney Larry Krasner had sought a court injunction,…