Category: Crypto
-
Facebook Hit With Landmark Lawsuit Over Crypto Scam Ads
•
Credit: Forbes In a major legal battle, Australian mining tycoon Andrew Forrest has taken on social media giant Meta Platforms, formerly known as Facebook, over a series of fraudulent cryptocurrency-related ads that used his image and likeness without authorization. This landmark case has the potential to reshape the landscape of…
-
PQShield clinches $37m, Renzo raises $17m
•
This week, blockchain startups and various cryptocurrency projects have collectively raised more than $100 million in venture capital (VC). Below is a summary of funding activities between June 16 and 22. The activity reflects a growing interest in diverse blockchain applications, from gaming and social networking to advanced cryptographic security.…
-
Why Has Avalanche’s (AVAX) Price Tanked to a Six-Month Low?
•
The Avalanche blockchain’s native token AVAX is in severe pain this weekend, falling more than 10% at one point in a decline to its lowest level since December 2023. Over the past 24 hours, the token fell from $27.87 to an intraday and six-month low of $24.92, according to CoinGecko.…
-
Here’s Why The Dogwifhat Price Crashed Below $2 This Week
•
solana meme coin, Dogwifahat (WIF) has crashed. Below $2 this week, it saw double-digit declines as investor interest in the popular meme coin began to wane. Dujoyvat crash 26% the Dujoyvat price Currently trading at $1.8, the meme-themed coin continues to face massive downward pressure from prevailing market volatility. The…
-
Bearish Wave Hits Solana: SOL Drops Below $140 – More Losses On The Horizon?
•
Solana, a leading blockchain platform, is witnessing a major decline as a sustained bearish wave sweeps its market. This decline, driven by a combination of factors, saw the price of SOL fall significantly below the $140 support level. Solana price struggled to find stability, as it broke through key support…
-
Shiba Inu Community Proposes SHIB Burn Via Binance And Coinbase
•
the Shiba Inu (SHIB), a popular coin and decentralized cryptocurrency on the Ethereum blockchain, has an enthusiastic community that is actively exploring innovative ways to reduce the large circulating supply of the token, with the aim of enhancing the value of the remaining tokens. One such initiative that has gained…
-
Shiba Inu Community Proposes SHIB Burn Via Binance And Coinbase
•
the Shiba Inu (SHIB), a popular coin and decentralized cryptocurrency on the Ethereum blockchain, has an enthusiastic community that is actively exploring innovative ways to reduce the large circulating supply of the token, with the aim of enhancing the value of the remaining tokens. One such initiative that has gained…
-
Crypto cyber gang FIN9 indicted in a $71m operation
•
The FBI has charged four members of the notorious FIN9 group with organizing cryptocurrency-related hacking attacks on US companies, resulting in losses of more than $71 million. FIN9 members – Ta Van Thai, Nguyen Viet Quoc, Nguyen Trang Xuyen, Nguyen Van Trung – allegedly hacked into the computer networks of…
-
The Most Important Crypto News This Week (June 15-22)
•
This week has been very exciting in terms of developments in the cryptocurrency industry. Below, we take a look at some of the most important cryptocurrency news of the past seven days. Let’s dig deeper. Top cryptocurrency news this week The list is arranged chronologically, starting June 15. Cryptocurrency investments…
-
Fidelity Discloses $4.7 Million Seed Capital In Amended ETH ETF Filing
•
Asset management firm Fidelity has made additional amendments to its application for an Ethereum (ETH) exchange-traded fund (ETF). The move comes as the investment giant and other suitors wait for the green light from the Securities and Exchange Commission (SEC) to begin trading the ETH ETF in the US. Fidelity…
-
Fidelity Discloses $4.7 Million Seed Capital In Amended ETH ETF Filing
•
Asset management firm Fidelity has made additional amendments to its application for an Ethereum (ETH) exchange-traded fund (ETF). The move comes as the investment giant and other suitors wait for the green light from the Securities and Exchange Commission (SEC) to begin trading the ETH ETF in the US. Fidelity…
-
Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000
•
Bitcoin’s price performance over the past week failed to bring glory to the cryptocurrency market, as the leading cryptocurrency struggled once again. This trend has been reflected in almost all large-cap assets, many of which have experienced significant losses. Unfortunately, recent price action data indicates that the price of Bitcoin…
-
Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000
•
Bitcoin’s price performance over the past week failed to bring glory to the cryptocurrency market, as the leading cryptocurrency struggled once again. This trend has been reflected in almost all large-cap assets, many of which have experienced significant losses. Unfortunately, recent price action data indicates that the price of Bitcoin…
-
Bitcoin Poised For Record Highs Under Biden’s Second Term, Predicts Scaramucci
•
Credit: Alitech As the 2024 US presidential election approaches, the cryptocurrency community is closely monitoring the candidates’ positions and their potential impact on the digital asset landscape. Amid the political discourse, Anthony Scaramucci, founder of Skybridge Capital and former communications director in the Trump administration, has emerged as a prominent…
-
Whale has lost $5.8 million on a memecoin, but isn’t selling yet
•
A whale that spent nearly $7.68 million on the recently launched memecoin dropped 76% of the investment as the price of the token dropped. However, the whale has not sold any of its holdings despite having $5.87 million in the red as of writing. Wait, I’ll keep my beer Per…
-
What Will Happen to the XRP Price if Ripple Loses its Case Against the US SEC
•
Turkish lire; Dr If Ripple loses the SEC lawsuit, the price of XRP could decline significantly, and the entire cryptocurrency market could see increased volatility. The regulator initially sought a penalty of $2 billion, but the latest proposal is $102.6 million, while the company is demanding a fine not to…
-
US Lawmakers Urge For Release Of Exec
•
US lawmakers continue to call for the release of detained Binance CEO Tigran Gambaryan. The ongoing saga between the cryptocurrency exchange and Nigerian authorities intensified when several members of the US Congress sent a letter urging the Biden administration to take action. This week, two US representatives visited Gambaryan in…
-
VanEck’s Spot Bitcoin ETF Goes Live on Australia’s Largest Stock Exchange
•
VanEck’s Bitcoin ETF (VBTC) has officially launched on the Australian Securities Exchange (ASX), Australia’s largest stock market. The exchange-traded fund (ETF) was approved earlier this week and is now available for trading, providing Australian investors with a simplified and secure way to gain exposure to Bitcoin. New: VanEck Place #Bitcoin…
-
VanEck’s Spot Bitcoin ETF Goes Live on Australia’s Largest Stock Exchange
•
VanEck’s Bitcoin ETF (VBTC) has officially launched on the Australian Securities Exchange (ASX), Australia’s largest stock market. The exchange-traded fund (ETF) was approved earlier this week and is now available for trading, providing Australian investors with a simplified and secure way to gain exposure to Bitcoin. New: VanEck Place #Bitcoin…
-
Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow The Whales?
•
Shiba Inu whales are on the move again, sparking speculation about what to expect from the meme. One whale, in particular, caught the attention of the SHIB community after a major withdrawal from popular cryptocurrency and stock trading exchange Robinhood. Whale withdraws nearly $40 million from Robinhood The Shiba Inu…