WeBlogs Founder Jason Calcanis, who also doubles as an angel investor with a large Twitter following, made controversial statements about the XRP cryptocurrency yesterday, calling it a security. Calcanis’ opinions of the native digital currency associated with the Ripple company caused a stir of reactions from the crypto community, earning responses from the likes of…
Despite the recent market dip, Cardano’s decentralized finance (DeFi) ecosystem has seen a significant surge in activity, with transactions on Cardano DeFi apps soaring to 250,000 per epoch from 160,000 transactions during the previous epoch. This remarkable 56% increase in transaction volume has been attributed to the launch of new DeFi protocols on the network…
There’s a rumor of a conflict of interest around the South Korean opposition lawmaker Kim Nam-Kuk over crypto transactions. The growing domestic outrage alleged that Kim liquidated over $4 million worth of crypto assets before the lawmakers would enforce the Financial Action Task Force Travel Rule. Lawmaker Moves Crypto Funds Before Implementation Of Law A…
Bitcoin (BTC), the largest cryptocurrency in the market, has been trading sideways since experiencing a drop of over 5% on Monday. Despite this decline, Bitcoin has found support at $27,200, preventing further drops that could potentially jeopardize the next bull run of the leading cryptocurrency. However, many investors wonder whether Bitcoin will show any signs…
The pro-XRP Attorney and crypto lawyer John Deaton has told SEC Chair Gary Gensler to retreat his regulatory actions. The attorney demands that the commission stop protecting Americans by lashing on crypto companies. The United States has increased the tension in its crypto industry through unclear regulatory measures. Crypto regulators like the Securities and Exchange…
The popular crypto trading exchange Bittrex filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware. This move comes three weeks after the United States Securities and Exchange Commission filed a lawsuit against it. The US SEC charged Bittrex and its co-founder and former CEO, William Shihara, for allegedly…
AVAX is trading in the $15 price range today, continuing its week’s price volatility. The bears seized control of its price action from April 19, 2023, forcing it down to $18.99. Since then, AVAX’s volatility has placed it between $17 and $15 as the bulls seek to regain control. Notably, its trading volume is up…
One of the leading scalable payment providers in the world, DASH, has attained a significant level in the crypto industry. But like other cryptocurrencies, the price of DASH is subject to volatility, and its value can fluctuate significantly in a short period. Unfortunately, Since February 16, 2023, DASH has witnessed a loss of about 45.45%,…
Bitcoin (BTC), the world’s first and largest cryptocurrency, has been associated with several bull runs over the years. One of the most notable uptrends occurred in 2012, and financial analyst and cryptocurrency expert Aditya Siddhartha has linked it to the United States of America (USA) Presidential Elections. Why Does The US Presidential Elections Matter For…
Meme coins are currently the dominating trend on the crypto market once again due to PEPE. After the furious price rallye of PEPE, investors are feverishly looking for the next meme coin that makes 100x. Whether this trend will continue for much longer or if this marks a top for the crypto market remains to…