LOOM plummets by over 70% following the recent exceptional 1000% rally. Loom Network’s native token, LOOM, captured immense attention last week after a parabolic rally of over 1000% before violently plummeting. The explosive but short-lived surge was sparked by news of a partnership between Loom and Atlassian, with the latter […]

Major cryptocurrency investment firm Grayscale has filed a new application with the Securities and Exchange Commission (SEC) for a new spot Bitcoin (BTC) exchange-traded fund (ETF). Grayscale on Oct. 19 submitted an S-3 form registration statement with the SEC intending to list the shares of Grayscale Bitcoin Trust on the […]

One of the largest European crypto exchanges, Vienna-based Bitpanda has become one of the first foreign entities to receive a virtual assert service provider license in Norway. The announcement came on the company’s official X (former Twitter) account on Oct. 19. Bitpanda holds a license in a number of European […]

With the cryptocurrency market buzzing and speculations making the rounds, one expert believes that Bitcoin’s price has a promising horizon. According to a recent statement by renowned crypto analyst Crypto Rover, BTC has robust reasons to see a massive surge in its value in the upcoming months. ETFs Driving the […]

The United States-based cryptocurrency exchange Coinbase is strengthening its presence in Europe and has officially announced Ireland as its European crypto hub of choice. Coinbase has selected Ireland as the location for its European Union entity to comply with Europe’s major cryptocurrency regulatory framework, known as the Markets in Crypto-Assets Regulation […]

Elon Musk, Mark Cuban and others have collaboratively submitted a shared amicus brief to the Supreme Court of the United States to raise concerns about the U.S. Securities and Exchange Commission’s (SEC) approach to conducting internal proceedings without the inclusion of juries. Mark Cuban, a billionaire crypto investor and decentralized finance (DeFi) […]

Ras Al Khaimah ruler Sheikh Saud bin Saqr Al Qasimi inaugurated the new RAK Digital Assets Oasis (RAK DAO), an economic free zone dedicated to supporting companies involved in digital and virtual assets, blockchain, Web3, and artificial intelligence (AI), on Oct. 19. As previously reported by Cointelegraph, the free zone […]

Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows. While Starknet and zkSync only recorded increases of 3% and 6%, respectively, the likes of Ethereum, Polygon and Solana saw their counts […]

The crypto market went wild when a fake SEC approval for Blackrock’s Bitcoin ETF sent BTC to $30K! This frenzy highlights the massive demand for regulated Bitcoin. But SEC Chair Gary Gensler’s mysterious stance on GBTC adds an extra twist. Everyone’s wondering, “What’s the SEC up to?” Gensler’s careful words […]

The past week has been a whirlwind for the cryptocurrency market, marked by escalating tensions in the Middle East. Additionally, robust consumer spending figures emerged from the United States and positive economic data from China. Early-week corporate earnings reports significantly influenced the mood in the market. Currently, at $0.49, the […]