Bitcoin (BTC) is currently consolidating above the crucial $26,000 level, a key threshold for the world’s largest cryptocurrency to continue its upward momentum and reach higher levels. The recovery of this price mark on June 15th has given BTC holders renewed confidence, with the highly anticipated news of Blackrock, the […]
After a long pause, the Bitcoin ETF mania seems to have bounced back with the world’s largest asset manager BlackRock, applying with the U.S. Securities and Exchange Commission (SEC) for approval to launch its spot Bitcoin exchange-traded fund (ETF). This development came just days after the U.S. Securities and Exchange […]
According to a recent report by local news outlet Decenter, South Korean crypto lending platform Delio will resume withdrawals, albeit with no fixed schedule, after pausing them on June 14. In a meeting with investors on June 17, CEO Jung Sang-ho explained, “[Delio] will secure as much capital as possible […]
Following the recent revelation of BlackRock’s application for a spot Bitcoin ETF, Cardano founder Charles Hoskinson has found himself at odds with Bitcoin maximalists. Divergent opinions on the potential effects of BlackRock’s involvement in the crypto space have prompted a contentious debate among the crypto community in response to the […]
Terraform Labs co-founder Do Kwon has been sentenced to four months of incarceration after being found guilty of forging his travel documents. A Montenegrin Basic Court shared the verdict on June 19, noting that the time spent in custody will be included in the sentence. Montenegro Court Sentences Kwon To […]
On-chain data shows the supply of stablecoins has been going up recently, a sign that could potentially be bullish for Bitcoin. Stablecoins Have Registered An Increase In Their Supply Recently As pointed out by an analyst in a CryptoQuant post, every increase in stablecoins’ supply since late 2022 has been […]
Crypto has been at the mercy of an ongoing bear market that began in the spring of 2022, after a historic bull run that had investors, developers and users piling into the Web3 space. Despite interest slowing down and companies needing to adjust to the current market conditions, many in […]
Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison. Kwon’s colleague and former Terraform Labs chief financial officer Han Chong-joon was charged alongside him and received the same sentence. The time […]
Zero-knowledge proofs have been hailed as a major advancement for blockchain technology, but the efficacy of these protocols will require streamlined data availability solutions to unlock their full potential. Anurag Arjun, co-founder of Polygon and blockchain data availability protocol Avail, highlighted the importance of data availability for ZK-rollups in an […]
Bitcoin has continued to struggle to sustain the $26,000 support level as bearish sentiment continues to dominate the market. Its drawdown in the last few weeks has led to speculations that the digital asset could be headed for a new cycle low. However, one crypto analyst firmly believes that Bitcoin […]
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