Vaibhavv Ali
A persistent discussion in the cryptocurrency market revolves around the impact of U.S. dollar stablecoins, which are cryptocurrencies tied to the value of the dollar, on the global dominance of the greenback. Cantor Fitzgerald’s CEO believes that they do enhance the strength of the dollar and are advantageous for the world’s largest economy. At a … Read more
Bitcoin’s mining difficulty keeps increasing in anticipation of the momentous halving event, which will slash miner rewards by 50%. Prior to the upcoming halving, Bitcoin’s mining difficulty has undergone another adjustment, reaching a fresh peak of 86.4 trillion. This adjustment, recorded on April 10, represents a 3.4% rise from the previous difficulty level of 83 … Read more
Former Ethereum advisor Steven Nerayoff has initiated a significant legal confrontation against the US government, pursuing compensation of $9.6 billion. He alleges unjust criminal extortion charges were brought against him in 2019, which were subsequently dropped. A legal dispute involving former Ethereum advisor Steven Nerayoff and the United States Government centers on a $9.6 billion … Read more
The cryptocurrency community is coming together in support of Uniswap, a prominent decentralized exchange (DEX), following the issuance of a Wells notice by the US Securities and Exchange Commission (SEC). This notice indicates a possible enforcement action, heightening regulatory concerns within the rapidly expanding decentralized finance (DeFi) industry. Industry Leaders Unite; Uniswap Demonstrates Resilience Key … Read more
The European Union’s securities regulator has raised concerns about the high concentration of trading activity on a limited number of cryptocurrency exchanges. Binance, in particular, controls approximately half of the entire market, according to a report released on Wednesday by the European Securities and Markets Authority (ESMA). The analysis conducted by ESMA revealed that just … Read more
The main event in the world of cryptocurrencies, mining, and web3 – Blockchain Life 2024 will take place in Dubai on October 22-23. It is expected that more than 8000 people from 140 countries will attend the forum – founders of the largest companies, industry leaders, and hundreds of young projects. Attendees will have the … Read more
On Wednesday, Bitcoin emerged as the leading blockchain in the non-fungible tokens (NFT) market, recording sales of $19.08 million, which represented a 5.79% increase compared to the previous day. The PUPS collection on Bitcoin stood out with sales totaling $2.15 million, contributing significantly to the weekly total of over $5.3 million. Bitcoin’s recent performance has … Read more
The Securities and Futures Commission (SFC) of Hong Kong has granted an expanded license to HashKey Capital, allowing the firm to extend its services to retail investors. This upgrade removes the previous restriction that limited its client base to professional investors only. HashKey Capital sees this regulatory approval as a potential pathway to introduce virtual … Read more
MKR, the governance token of MakerDAO, a prominent stablecoin lending protocol, has garnered attention from institutional investors. MKR accrual is increasing According to the on-chain tracking platform Spot On Chain, 13 wallets have withdrawn a total of 13,560 MKR tokens, valued at nearly $46 million based on current market prices, from Binance over the past … Read more
Bitcoin (BTC) is poised to build on Wednesday’s increase, hovering near $70,800, while ether (ETH) is trading above $3,500, as the market continues to digest higher-than-expected U.S. CPI data and slowing outflows from the Grayscale Bitcoin Trust (GBTC). “Despite a hawkish CPI report and robust inflation figures, Bitcoin demonstrated resilience, experiencing only a slight retracement … Read more