In the ever-evolving world of cryptocurrency, investors are constantly on the lookout for the next big opportunity. The recent trend of Floki holders dumping their FLOKI tokens in favor of a new ICO called 5thScape has caught the attention of many in the crypto community. The appeal of potentially securing gains of up to 1,700%
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Ben Zhou, the CEO of Bybit crypto exchange, has vehemently refuted rumors circulating on social media regarding the alleged insolvency of the exchange. In response to these claims, Zhou stated that the rumors lacked any factual basis and urged the public to be cautious when believing such unfounded allegations. To support his dismissal of the
In a recent analysis by popular crypto analyst and enthusiast, Crypto Con, predictions have been made regarding the timeline for Bitcoin to reach its peak in the ongoing bull cycle. By studying historical data and trends in past BTC runs, Crypto Con has identified key indicators that suggest when the largest cryptocurrency asset by market
LidoDAO (LDO) has recently seen a significant surge in price, raising questions about whether it is too late to invest in this cryptocurrency. The native token of the decentralized Ether staking platform Lido, LDO is also the governance token for the Lido decentralized autonomous organization (DAO) that oversees the Lido protocol. With a price increase
The recent decision by the First District Court of Appeals in Florida to nullify an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US has sparked a wave of discussions in the crypto community. Earlier this year, the regulator banned Binance.US from serving Florida residents, citing “immediate danger” to the public
The United States Securities and Exchange Commission (SEC) Chair Gary Gensler recently voiced his concerns over the Financial Innovation and Technology for the 21st Century Act (FIT21), pointing out potential regulatory gaps and risks associated with the proposed bill. Gensler’s statements have sparked a debate within the crypto community and raised questions about the future
Bitcoin whales, investors holding more than 1,000 BTC in their balances, have been on a relentless buying spree despite the recent market dip towards $60,000. According to Thomas Fahrer, co-founder of Bitcoin-based company Apollo, these large investors have been accumulating BTC at an alarming rate, with their daily spending reaching billions of dollars. Fahrer’s report
Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), recently voiced his strong opposition to the Financial Innovation and Technology for the 21st Century (FIT21) Act. Despite the widespread praise the bill has received for bringing regulatory clarity to the crypto industry, Gensler argues that it would actually weaken current consumer protections
Institutional investors are showing a renewed interest in Bitcoin, with investment funds related to the cryptocurrency experiencing a significant increase in inflows. CoinShares’ latest weekly report reveals that Bitcoin investment products attracted a net inflow of $942 million. This surge in investment is seen as a positive sign, indicating a bullish sentiment among institutional investors.
Uniswap Labs recently issued a bold response to the SEC’s Wells notice, taking a strong stance against the agency’s attempts to regulate DeFi. In a blog post on May 20, the company expressed confidence in its position and readiness to defend itself in court if necessary. It believes that the SEC’s efforts to expand its