There has been a noticeable surge in transaction activity on the main Ethereum Virtual Machine (EVM) chains as of late. Around 95% of these transactions have inscriptions, according to blockchain analytics tool Etherscan. Ordinals inscriptions have gained favor as a direct means of creating non-fungible tokens (NFTs) on the blockchain by embedding unique data in … Read more
January 11 has been set as the day for the court hearing in the case between Ripple and a class of XRP investors in what has been a long-running legal battle. The outcome of the case is of huge significance as another precedent could be laid for the crypto industry and its stakeholders. In the … Read more
BlackRock, the world’s largest asset manager, is planning to slash its global workforce in the coming days, according to the laest report. This move comes while the firm expects to receive positive news from the US Securities and Exchange Commission (SEC) on its Bitcoin spot exchange-traded fund (ETF). BlackRock is among a host of asset … Read more
This year, the spot Bitcoin ETF approval by the US Securities and Exchange Commission (SEC) is deemed certain by just 39% of financial advisors, according to a recent survey. The survey’s findings demonstrate that financial advisors are generally skeptical of the commission’s decision to approve a spot Bitcoin exchange-traded fund (ETF). There are several reasons … Read more
Despite the recent setback in the price of Solana, which saw a 10% decline to fall below the $100 mark in the first week of the new year, the overall resilience and vitality of its ecosystem remain remarkably robust. This pullback represents a notable retracement from its recent peak of $115 on January 3, prompting … Read more
1. Digital Currency Group (DCG) Repays $700 Million Loan to Genesis Global Capital (GGC) 2. DCG Clears $1 Billion Debt Amidst Crypto Challenges 3. Background on Lawsuit and Negotiations 4. DCG Retains Ownership Stake in Genesis 5. Genesis Bankruptcy and Financial Position
Wall Street expert Linda Jones has joined the list of experts predicting a strong bullish future for XRP. Jones shared her thoughts regarding the crypto in a recent interview, and how Ripple’s executives made the technological innovation that led to XRP’s creation. According to Jones, the digitalization of commerce and currency that XRP brings could … Read more
Lucie, Shiba Inu’s marketing lead, announced in a social media post a potential opportunity for members of the community to earn on their holdings. The marketing lead announced on X (formerly Twitter), the distribution of 2 LEASH and 85,000,000 SHIB tokens for participants on ShibaPunkz.art. As per Lucie’s tweet, the tokens are to be distributed … Read more
In a highly anticipated week for the crypto industry, the approval or rejection of Bitcoin ETF applications hangs in the balance. As the largest asset managers in the world vie for SEC approval, recent updates in their filings have sparked optimism within the crypto community.
Ever since Bitcoin was introduced in 2009, cryptocurrency has become a common topic of discussion and has influenced consumer choices. The medium of exchange is currently being actively traded around the clock and is increasingly gaining acceptance as a method of payment. Last year, there was a substantial surge in the global count of merchants … Read more
