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The crypto market recorded several important developments this week, from regulatory advancements to significant legal rulings. Taken together, the highlights display how the global cryptocurrency ecosystem continues to advance. The following is a roundup of crucial developments that happened this week but will continue shaping the sector. Gary Gensler’s to…
The SEC seeks to compensate investors in Mila Kunis-backed Stoner Cats NFTs, which were deemed an unregistered securities offering that violated federal law. Stoner Cats Investors to Be Compensated Under SEC’s Proposed Fund Plan The U.S. Securities and Exchange Commission (SEC) has announced a proposed plan to distribute funds collected…
VanEck’s latest Bitcoin (BTC) report reaffirmed its cycle price target of $180,000, citing strong bullish indicators that align with the current market rally. The asset manager highlighted key metrics, including funding rates, Relative Unrealized Profit (RUP), and retail interest trends, as signals that the bull market is still in its…
In a major announcement in the blockchain and Web3sphere, MoonDog has announced its new partnership with Aelf. This Artificial Intelligence-enabled Layer 1 blockchain is reputed for spearheading innovation across Asia. It is a step toward the decentralization of the future that has set as its goal the improvement of blockchain…
SHIB leverages DeFi and NFTs for unparalleled ecosystem growth. DOGE gains momentum through dynamic utility and community backing. ADA’s superior sustainability and dApp development boost its appeal. For now, existing cryptocurrencies are owned by a growing number of individuals with the youth in the lead therefore competition for such individuals…
A large whale in the cryptocurrency world has been making headlines. This whale accumulated a huge amount of Ethereum ($ETH) over eight years ago. Between January 18 and March 10, 2016, the whale bought 398,889 $ETH at an average price of about $6 per coin. At that time, this investment…
Cardano (ADA) appears set to cross the $1 level as bullish sentiment remains high on the market. Notably, ADA has recorded an impressive surge in its open interest. Cardano open interest surges amid ADA’s bullish path to $1 According to CoinGlass data, a crypto analytics platform, the Cardano open interest…
President-elect Donald Trump has nominated Scott Bessent, a prominent hedge fund manager known for his pro-cryptocurrency stance, to serve as the next Secretary of the Treasury, multiple news outlets reported late Friday. Bessent, founder of Key Square Group, has been a significant economic adviser to Trump’s campaign and is expected…
Crypto users could have been at risk due to Apple’s security flaw, especially those using Intel-based MacBooks. Changpeng Zhao (CZ), the former CEO of Binance, recently took to X to sound an alarm, urging users to update their Apple devices immediately. Notably, Apple released emergency macOS, iOS, and iPadOS updates…
As the price of the flagship cryptocurrency Bitcoin ($BTC) hovers around the $99,000 mark the Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, has “disappeared.” According to a post from CryptoQuant analyst “maartunn,” the index disappeared “as soon as Bitcoin tagged $98,000,” which…