Solana (SOL) recently experienced a significant milestone by crossing the $20 price mark. This achievement has sparked considerable enthusiasm among investors and crypto enthusiasts alike, as Solana’s bullish momentum continues to gain traction. With its growing popularity and impressive performance, what can investors expect from Solana after this milestone? Let’s delve into the factors behind…
The Commodity Futures Trading Commission (CFTC) has concluded its investigation into bankrupt crypto lender Celsius and its former CEO, Alex Mashinsky, and found that they violated United States rules, according to sources familiar with the matter. The investigation, conducted by attorneys in the CFTC’s enforcement unit, revealed that Celsius misled investors and failed to register…
Bitcoin Cash (BCH) is captivating the attention of the crypto community with its ongoing price surge. The recent inclusion of BCH on EDX, a Citadel Securities-backed crypto exchange, has sparked fresh interest in this digital asset. As investors eagerly monitor its progress, the price of BCH on CoinGecko stands at $291.80, showcasing a 24-hour rally…
Bankrupt crypto lender Celsius Network has begun the process of swapping altcoins for Bitcoin (BTC) and Ethereum (ETH). The recent court approval (June 30) granted the company permission to convert its altcoin holdings into the two leading digital assets, raising concerns about a potential sell-off of popular altcoins. Celsius Network, known for its altcoin lending…
In recent months, the crypto markets have witnessed significant turbulence leading to the lowest quarterly trade volume since 2020. Amid varying economic factors, a bearish perception of investors toward cryptocurrencies and the broader economic climate reflects a dynamic yet challenging landscape. Kaiko, a crypto market data provider, shed light on this development alongside various key…
The global payments infrastructure platform Mercuryo has announced the launch of Big Time Summit – a FinTech event to be held for the first time in Limassol, Cyprus, on July 7, 2023. The event will be held with the support of Invest Cyprus, Mercuryo’s trusted partner. Their team is ready to support businesses during the…
Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector. Amidst the turbulence caused by the highly controversial lawsuit filed by the US Securities and Exchange Commission (SEC) in June, the decentralized finance (DeFi) sector has found itself in a…
Stablecoins, the digital assets designed to maintain a stable value, have long been viewed as a potential bridge between the cryptocurrency world and the traditional financial industry. However, recent developments have cast a shadow of uncertainty over their perceived stability. As global policymakers continue to grapple with concerns about the crypto sector’s impact on the…
Optimism (OP), a prominent Layer 2 network, is experiencing a noticeable decline in network activity as the hype surrounding meme coins takes a dip. Once bustling with vibrant transactions and a fervent community, Optimism now faces a subdued atmosphere as users shift their attention away from these speculative assets. The decrease in meme coin fervor…
The United States Federal Reserve has made a significant announcement regarding the certification of 57 organizations, including financial institutions and service providers, for the highly anticipated launch of the FedNow Service. With major players in the banking industry, such as JPMorgan Chase, Bank of New York Mellon, US Bancorp, and Wells Fargo, among the certified…