The cryptocurrency market has experienced a significant downturn over the past 24 hours, shedding a staggering $8 billion from its total market capitalization. Despite this broader market correction, some altcoins have defied the trend and […]
Sky Mavis lays off 50 employees to streamline operations for future growth. Layoffs are a strategic move, not due to financial instability or poor performance. Axie Infinity’s token AXS dropped by 3.78% after the news […]
As an industry, blockchain has consistently outperformed expectations. Currently, it’s poised to reach $248.9 billion over the next 5 years, driven by a staggering 65.5% compound annual growth. This explosive expansion stems from the technology’s […]
Ripple’s XRP hit a year-to-date high of $1.63 on November 23. However, fading bullish momentum has made future traders doubtful about the rally’s sustainability. An increasing number are opening short positions, expecting a near-term price […]
Jaime Lizárraga will resign as SEC Commissioner on January 17, 2025. His departure leaves only one Democrat on the SEC amid a Republican-led shift. Discussions intensify over the next SEC Chair, with crypto regulation in […]
Some altcoins are setting themselves up to profit from the positive wave as the crypto market prepares for Bitcoin’s possible breakout above the $120,000 mark. Rexas Finance (RXS), SUI, and Solana (SOL) are being hailed […]
Key Takeaways XRP’s price surged 25% amid speculation of reduced SEC enforcement post-Gensler. Pantera anticipates fewer SEC lawsuits and possible dismissals after Gensler’s departure. Share this article Ripple’s XRP token rose by 25% on Friday […]
Wyoming-based crypto bank Custodia is reportedly deliberating more layoffs as it braces for ongoing regulatory scrutiny under the Biden administration. The decision comes as the crypto sector faces unprecedented challenges, including de-bankings and increasing pressure […]
Hoth Therapeutics, a publicly-traded biopharmaceutical company, has adopted Bitcoin (BTC) as a treasury asset. The clinical-stage biopharmaceutical company announced on Nov. 20 that its board of directors had approved adding BTC to its balance sheet. […]
Dogecoin (DOGE) recently surged to a three-year high of $0.43 on November 12 before retreating to $0.38, maintaining a 3% daily increase. However, on-chain data shows that the price spike has led many long-term holders […]
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