Cryptocurrency Analysis and News Portal
When confronted by members of the Senate Banking Committee about concerns over the "debanking" trend plaguing the crypto industry, Federal Reserve Chairman Jerome Powell said he's also worried about it and is already tweaking internal supervision policies at the Fed."I too, am troubled by the quantity of these reports," Powell
Read More
When it comes to trading memecoins, time is money — and waiting on a centralized exchange (CEX) could cost you both. Take $TRUMP, for example. On Jan. 17, 2025, just before his inauguration, Donald Trump launched his memecoin on Solana, which surged past a $14.5 billion peak market cap on
Read More
The developers behind Lido, the largest staking service on Ethereum, have proposed revamping the staking platform with modular "vaults."The new framework would introduce stVaults, a customizable component designed to help Lido accommodate institutions and more complex staking strategies.Lido currently allows investors to pool their ether (ETH) together and "stake" their
Read More
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3237.73, up 0.8% (+26.27) since 4 p.m. ET on Monday.Fifteen of 20 assets are trading higher.Leaders: ADA (+13.6%) and LTC (+6.5%).Laggards: APT (-3.5%) and AAVE
Read More
Layer-1 blockchain TON said it is linking up with interoperability protocol LayerZero to allow users to move funds between multiple ecosystems in a relationship that will generate increased usage and fees for both parties.TON will initially be connected to 12 blockchains including Ethereum, Tron and Solana. Users will be able
Read More
KULR Technology Group (KULR) has expanded its bitcoin (BTC) holdings to 610.3 BTC.The firm increased its total bitcoin stash to approximately $60 million after buying an additional $10 million worth at an average price of $103,905 per bitcoin, according to the announcement.This move aligns with the company’s bitcoin treasury strategy,
Read More
The U.S. Securities and Exchange Commission (SEC), Binance and its former CEO Changpeng Zhao (CZ) filed a motion to stay their case for 60 days - to make way for an early resolution and to save resources according to a court filing by a U.S. court on Monday.The ongoing case
Read More
A spokesperson for Invest Hong Kong, the territory's government agency that facilitates foreign investments, has confirmed that crypto including ether (ETH) and bitcoin (BTC) can be used as proof of assets when applying for its New Capital Investment Entrant Scheme visa.The visa requires applicants to must prove ownership of net
Read More
Non-fungible token (NFT) platform OpenSea denied reports that users claiming a potential airdrop will be forced to complete detailed identification, or know-your-customer (KYC), checks."This is all completely false," OpenSea CEO Devin Finzer wrote on X in response to a post that referred to the terms and conditions on the OpenSea
Read More
Ether (ETH) has underperformed year-to-date, declining over 20%, but fundamentals are improving and total value locked (TVL) on the Ethereum blockchain has risen dramatically, Wall Street bank Citi (C) said in a research report Monday."While user activity has been volatile in recent weeks, the fundamental backdrop is not all that
Read More