Author name: Peter

Stablecoin Market Rebounds — $5.48 Billion Growth in 22 Days

featured /

Stablecoins Experience Multi-Billion-Dollar Market Expansion in Three Weeks Over the past few weeks, the market value of leading stablecoins has seen a significant increase. The economy of these fiat-pegged tokens has grown from $123.66 billion to the current $129.14 billion. This substantial growth of nearly $6 billion comes after the stablecoin industry lost tens of […]

Stablecoin Market Rebounds — $5.48 Billion Growth in 22 Days Read More »

JPMorgan: Approval of Bitcoin ETFs Could Impact Bitcoin Prices

crypto ira /

JPMorgan Warns of Downward Pressure on Bitcoin Prices Global investment bank JPMorgan has issued a warning stating that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could have a significant impact on bitcoin prices. According to analysts at the bank, the conversion of Grayscale Investments' bitcoin trust

JPMorgan: Approval of Bitcoin ETFs Could Impact Bitcoin Prices Read More »

Former Binance CEO CZ Fights U.S. Government’s Motion to Prevent Return to UAE

gold ira /

CZ Challenges Government's Motion Former Binance CEO Changpeng Zhao (CZ) has filed an opposition to the U.S. government's "motion for review" regarding the judge's ruling on his "presentencing travel restrictions." The government aims to prevent CZ from returning home to the United Arab Emirates (UAE) before sentencing, despite the judge's determination that he poses no

Former Binance CEO CZ Fights U.S. Government’s Motion to Prevent Return to UAE Read More »

Spot Bitcoin ETF: A Catalyst for Market Demand and Volatility

featured /

Introduction The potential approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. has sparked significant interest in the cryptocurrency market. Glassnode, a blockchain data firm, recently conducted an analysis on how spot bitcoin ETFs could reshape market dynamics. This article explores the findings of Glassnode's report and delves into the potential impact of

Spot Bitcoin ETF: A Catalyst for Market Demand and Volatility Read More »

Do Kwon Faces Extradition Dilemma: Montenegro’s Justice Minister to Decide Between US and South Korea

crypto ira /

The Extradition saga of ex-Terraform Labs CEO, Do Hyeong Kwon (Do Kwon), takes an interesting turn as he awaits his fate in Montenegro. Following a four-month incarceration for fabricating travel papers, the Podgorica High Court has ruled in favor of his extradition. However, the final decision on his destination lies with the Justice Minister of

Do Kwon Faces Extradition Dilemma: Montenegro’s Justice Minister to Decide Between US and South Korea Read More »

Wallet of Satoshi Exits US Market Amidst Record-Breaking Month, Leaving Customers to Seek Alternatives

news /

Wallet of Satoshi, a provider of Lightning Network payment services, has announced its departure from the U.S. market. The company, based in Australia and founded by Daniel Alexiuc in 2018, allows users to manage bitcoin (BTC) and Lightning Network transactions through its application available on iOS and Android. Wallet of Satoshi Halts U.S. Operations The

Wallet of Satoshi Exits US Market Amidst Record-Breaking Month, Leaving Customers to Seek Alternatives Read More »

ECB President Christine Lagarde’s Son Ignored Her Warnings and Lost 60% of Crypto Investment

news /

Introduction Christine Lagarde, the president of the European Central Bank (ECB), revealed that her son defied her advice and invested in cryptocurrency. Despite her warnings, he ended up losing approximately 60% of his investment. Lagarde shared this information during a town hall event with students in Frankfurt, where she expressed her concerns about the risks

ECB President Christine Lagarde’s Son Ignored Her Warnings and Lost 60% of Crypto Investment Read More »

Ethereum L2 Platform Blast Draws $400M in a Week Despite Invite-Only Access and Criticism

featured /

This week, the crypto community is abuzz with discussions about Blast, a new Ethereum layer two (L2) platform. The project gained prominence after securing a notable $20 million in funding, spearheaded by Paradigm and Standard Crypto, among other investors. Developed by Pacman, the entrepreneur behind the non-fungible token (NFT) marketplace Blur, Blast has garnered over

Ethereum L2 Platform Blast Draws $400M in a Week Despite Invite-Only Access and Criticism Read More »