Texas lawmakers in the state’s Senate have approved a bill aimed at largely removing incentives for crypto miners operating under the seemingly friendly regulatory environment. In a 30-1 vote on the floor of the Texas State Senate on April 12, lawmakers in the 88th legislative session passed Senate Bill 1751, […]

Failed crypto exchange FTX’s native token, FTT, is expiring upside volatility, recording important profits over today’s trading session. The token is reacting to the news of FTX’s potential relaunch. As of this writing, FTT is trading north of $2 for the first time since February and could continue to reclaim […]

On April 12, Ethereum-based noncustodial lending protocol Euler Finance announced that it would open redemptions after hackers returned the vast majority of assets stolen in a $197 million flash loan exploit last month.  Euler says it will repay all sub-account liabilities at the block the protocol was disabled on March […]

Three weeks after the U.S. SEC accused Justin Sun of fraudulently inflating the price of Tron (TRX), Binance.US, the American arm of the world’s largest digital asset exchange Binance, has announced that it will delist the token from its trading platform. The news comes hot on the heels of baseless […]

Bitcoin has been on an uptrend in the last few days, rallying above the $30,000 mark. According to a Bloomberg report, Bank of America strategists, Alkesh Shah and Andrew Moss, believe the rally will continue in 2023.  They stated that the recent flow of funds between exchanges and personal crypto […]

Ethereum (ETH) has been making headlines lately with its upcoming Shanghai upgrade, which promises to bring significant improvements to the network. One of the most anticipated changes is the ability to withdraw staked ETH, which has been a long-standing concern for many users and validators. Now that the upgrade which […]

On-chain data shows the Bitcoin leverage ratio has shot up with the rise above the $30,000 mark, something that may cause more volatility for the coin. Bitcoin Estimated Leverage Ratio Has Sharply Surged Recently As pointed out by an analyst in a CryptoQuant post, market participants have responded to the […]

The crypto market volatility has become overwhelmingly high lately, with coin prices turning unexpectedly bearish instantly. Most coins are trading in the red zone, with some surrendering past week’s gains. But a few coins showed resilience, trading in green with most of their past week’s gains intact.  Among these is […]

The Spanish Tax Administration Agency (AEAT) is increasing its efforts to charge the local holders of crypto assets. The AEAT intends to dispatch 328,000 warning notices to those who should pay their taxes on crypto for the 2022 fiscal year. According to the local newspaper El Mundo, the number of […]

Elon Musk, CEO of SpaceX, Tesla, and, as of October 2022, Twitter, recently made headlines when he spearheaded a letter to halt artificial intelligence (AI) development due to societal concerns. Despite the effort, the tech mogul seems to be pushing forward with his own plans for developing AI infrastructure. A report from Business […]