Tag: News

In a landmark development, prediction market Kalshi resumed taking bets on the outcome of the congressional elections after an appeals court lifted a ban on the platform’s operations by the CFTC. What Happened: The U.S. Court of Appeals for the District of Columbia denied the motion by the CFTC...

The crypto market cap is down by 6%, with more than half a billion crypto bets liquidated amid flaring geopolitical tensions in the Middle East. Tensions In The Middle East Rattle The Crypto Market The total crypto market cap has dropped by 6%, sliding to $2.24 trillion at press...

The SEC has decided to appeal against a 2023 ruling in the hotly contested legal battle against Ripple Labs that dismissed the agency’s broader claims about XRP (CRYPTO: XRP) sales. What Happened: The SEC lodged a notice of appeal aiming to overturn a prior decision made by Judge Analisa...

Kraken Exchange’s decision to delist Monero (XMR) sent shockwaves across the cryptocurrency space. Trading and deposits for Monero in the European Economic Area (EEA) will be shut off before the end of October, 2024. Increasing regulatory scrutiny was cited as a reason for the move. The pressure has dragged...

Investigative journalist and author Zeke Faux believed the ongoing pro-cryptocurrency stance adopted by presidential nominees Donald Trump and Kamala Harris is miscalculated, as the cohort that finds the asset class appealing isn’t as large as it’s made out to be. What Happened: During a recent discussion at Yahoo Finance’s...

Dogecoin has been caught in a whirlwind of adoption, especially when it comes to new investors. Crypto analyst Ali Martinez shared on X that the meme coin has seen a major rise in the number of new daily addresses. In the space of a week, new addresses being registered...

An influential member of the Solana (CRYPTO: SOL) developer ecosystem has openly challenged renowned whistleblower Edward Snowden to prove his claims about the blockchain’s centralization, sparking a heated debate in cryptocurrency circles. What Happened: Mert Mumtaz, CEO of Solana-based developer platform Helius, took to X to challenge Snowden’s assertion...

Edward Snowden, the renowned whistleblower and privacy advocate, made sharp comments about Solana during the TOKEN2049 conference in Singapore. After delivering his speech, titled “The Next Threat to Speech,” Snowden engaged in a Q&A session where he criticized Solana’s architecture, expressing concerns about its centralized nature and the types...

Leading cryptocurrencies continued to trade in the red as geopolitical tensions kept risk appetite in check. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.26% $61,070.39 Ethereum (CRYPTO: ETH)                -3.27% $2,386.46 Dogecoin (CRYPTO: DOGE)           -1.73% $0.1061 What Happened: Bitcoin chopped between $60,000 and $62,000 during...

According to a recent Forbes report, US lawmakers from both sides of the political spectrum are rallying around a proposal to create a strategic Bitcoin (BTC) reserve for the US, following Senator Cynthia Lummis’ speech at the 2024 Bitcoin Conference in Nashville.  The pro-crypto Senator unveiled the new legislation...