The U.S. Securities and Exchange Commission (SEC) made a surprise attack on the Ripple case by filing a letter of supplemental authority to strike Ripple’s “fair notice” defense. Simultaneously, the token XRP is down 2.33% in the last 24 hours to $0.7 following the market’s downtrend. The SEC’s Surprise Move As the popular SEC vs. …
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Video Game Giant Konami is launching a NFT auction to commemorate the “Castlevania” franchise. The box will include 14 tokens, audio files, and poster art showing scenes from early Nintendo games. The auction will begin the next week, January 12, 2022. Konami To Launch With Castlevania Commemorative NFTs The Castlevania 35th Anniversary NFT collection online …
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Cardano (ADA) has followed the general trend in the market and records losses across the board. The seventh crypto by market cap trades at $1.22 with a 2.2% and 10% loss in the past 24 hours and 7 days, respectively. Related Reading | What’s Beef? Reviewing The Historic Battle Of Ethereum vs. Cardano ADA on …
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Following the Bitcoin crash to $42k, the fear and greed index has declined to extreme fear values not seen since July of last year. Bitcoin Fear And Greed Index Points At “Extreme Fear” As pointed out by an analyst in a CryptoQuant post, the BTC fear and greed index has dropped to very low values. …
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Widely-followed crypto trader Michaël van de Poppe sees bullish signs for Bitcoin (BTC) and one other altcoin while naming support zones for two popular smart contract platforms. In a recent series of tweets, Van de Poppe tells his 551,000 followers that Bitcoin’s price action is “creating a bullish divergence.” “The lower timeframe on Bitcoin is creating a …
Smart contract platform Solana (SOL) is again experiencing network issues just weeks after suffering performance problems in December. Chinese journalist Colin Wu reports the four-hour downtime that happened on January 4th and tells his 182,400 Twitter followers that users attribute the issue to a distributed denial-of-service (DDoS) attack. Solana Labs co-founder Anatoly Yakovenko denies the …
Stablecoins have emerged as a foundational part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide crypto traders with an offramp during times of volatility and their widespread integration with decentralized finance (DeFi). These are necessary for the health of the ecosystem as a whole. Currently, Tether (USDT) …
The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with the upcoming departure of another commissioner. In a Friday announcement, the White House said it had sent Citi managing director Caroline Pham’s and Summer Mersinger’s names to the Senate for confirmation. Mersinger previously served …
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A recent report by Electric Capital, which analyzed nearly 500 thousand code repositories and 160 million code commits across Web3, uncovered the top blockchain ecosystems based on one of the key “indicators of value creation”–developer engagement. To create its 2021 Developer Report, the early-stage venture firm focused on open-source repositories only, inferred non-original commits and credited …
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Following Wednesday’s downturn in Bitcoin, a continuation of selling dipped the price as low as $41,000 today. Marking a 14-week low for the leading cryptocurrency. But as far as drawdowns go, this dip isn’t as severe as past ones, most notably in recent memory, the crash of May 2021, which saw a 45% drop in …
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The adoption of blockchain technology by various industries in the world is on the rise, the sports industry just took another step in that direction. This step was taken by the organizers of one of the biggest Grand Slams in the world, Australian Open. According to organizers of the competition, the tournament is set to …
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According to the latest data from Chainalysis, the total cryptocurrency value received by illicit addresses grew to a new all-time high of $14 billion in 2021. Although the new all-time high is almost twice the $7.8 billion that was recorded in 2020, it represents just 0.15% of the 2021 cryptocurrency transaction volume. Percentage of Funds …
A new dog-themed crypto asset with a staggering total supply is surging despite a widespread crypto market pullback. Baby Doge Coin (BABYDOGE), jokingly referred to as the “son” of Dogecoin (DOGE), saw its price jump 122% to $0.000000004038 in just one week, vastly outpacing its rival memecoins DOGE and Shiba Inu (SHIB). The rally pushed …
The founder and chief investment officer of Morgan Creek Capital Management Mark Yusko is predicting a bumpy ride for Bitcoin (BTC) in 2022. In a new Fox Business interview, Yusko says that the price of Bitcoin this year may behave similarly to how it has always done after a halving event. “This year I do …
Crypto-related crime levels skyrocketed to an all-time high in 2021 – but that statistic doesn’t paint a complete picture, according to Chainalysis. In a new report, the analytics firm notes that illicit addresses received $14 billion worth of crypto in 2021, a new record and an increase of more than 79% from the $7.8 billion …
