Author: Puskar Pande
Bears prevail in Cardano but could a retest of the $0.30 level confirm a long-term bull rally?
The price of Cardano has been declining for more than two months, demonstrating seller dominance. However, the most recent development indicates that a brief uptrend may be on the horizon. ADA has…
Can Ripple (XRP) triumph after its victory against SEC?
Following its victory against the US Securities and Exchange Commission (SEC), Ripple ($XRP) pricing exhibits a lack of buying pressure. The payment processing network has been on a downward trend ever since….
Polkadot looks to expand parachains network to 1,000
Polkadot’s core developers are now eyeing plans to expand the multichain protocol’s network of parachains to 1,000 – a massive upgrade from the current limit of 100 parachains – with…
Bankrupt exchange FTX files $157-million lawsuit against ex-employees of Hong Kong affiliate
The now-defunct FTX has reportedly sued the former staff of Salameda, an entity based out of Hong Kong and one that was affiliated with the crypto exchange, for $157.3 million,…
Crypto exchange Bybit to discontinue services in the UK over FCA’s new rules
Leading cryptocurrency exchange Bybit announced its exit from the UK market as the country’s new regulator, the Financial Conduct Authority (FCA), gears up to enforce new rules for crypto businesses…
Bitcoin Bulls getting restless as $BTC continues to trade in a narrow range
Bitcoin’s price has begun to decline after hitting a wall at the $27,500 mark. The digital asset has been having difficulty lately, failing to break through the $27,500 barrier. As…
Binance Announces a Large-Scale Delisting of Stablecoins as Lawyers Attempt to Decipher EU’s MiCA
The cryptocurrency world is buzzing with excitement and uncertainty as the European Union’s Market in Crypto Assets (MiCA) regulations draw near. The new rules are poised to come into effect…
FarmVille co-creators Startup Amasses $33 Million in Seed Round from a16z Crypto and Other High Profile Investors
The potential of blockchain technology in the gaming world has been remarkable, making significant milestones across the industry. The recent news on Proof of Play, a crypto gaming company led…
Hong Kong likely to roll out stablecoin rules by 2024
Speaking at a forum in Shanghai, Hong Kong lawmaker Duncan Chiu said that the region is presently in the middle of a second round of consultations for forming rules to…
Pessimism: A new security monitoring system rolled out by Base
Base, a Layer 2 network designed by Coinbase, has rolled out a new monitoring system called Pessimism which can help in enhancing security systems across blockchains powered by Optimism. The…
Zodia Custody to now offer yield on crypto holdings
Leading institutional crypto custodian Zodia Custody announced that it will soon start offering its clients yield on their cryptocurrency holdings. The firm, which is backed by multinational investment bank Standard…
Bears prevail as Ethereum Price fails to cross crucial resistance level. ETH appears to be more negatively impacted than other major cryptos.
The delay in the launch of the Holesky testnet has continued to have an impact on Ethereum’s price, which has fallen 1% in the last hour and 2% over the…
UK House of Lord Passes Bill to Confiscate Digital Assets Related to Criminal Activities
In an attempt to combat illicit cryptocurrency activities, the United Kingdom has passed a bill that aims to expand the ability of the authorities to target those who use digital…
Orb, a Lens-Protocol-based Web3 Social App raised $2.3 Million in the Pre-Seed Round
In the rapidly evolving Web3 landscape, Orb Technology has been at the forefront of driving innovation. The Lens-Protocol-based Web3 social app known as Orb, has recently raised $2.3 million in…
Bitcoin price volatility might continue as the US Fed Reserve keeps rates unchanged
The U.S. Federal Reserve made the much-anticipated decision to maintain monetary policy on Wednesday, maintaining the 5.25% to 5.50% range for its benchmark interest rate. Fed officials also predicted that interest rates…
Bankrupt Crypto Exchange, FTX Takes Legal Action Against Its Founder, Sam Bankman-Fried’s Parents
In an unforeseen development, the cryptocurrency exchange platform which had made it to the top headlines with its steep rise followed by subsequent bankruptcy has taken legal action against its…
A year after its historic ‘Merge’, Ethereum rolls out ‘Holesky’ Test Network
Leading blockchain network Ethereum hit the headlines recently after its developers rolled out a new testnet called Holesky which they claim would ramp up the ecosystem’s capability. Making the announcement…
Deutsche Bank teams up with Taurus to offer tokenization services
German multinational investment bank Deutsche Bank has partnered with Switzerland-based crypto assets company Taurus SA to offer tokenization services and digital asset custody. Under the partnership, Deutsche Bank would be…
Soon, pay for Grab services with NFTs
In a move that is likely to unlock new opportunities for the ride-hailing company, Singapore-based Grab announced that it would be incorporating a Web 3.0 wallet in its super-app. With…
Binance de-lists eight spot trading pairs from its platform
The world’s biggest crypto exchange was in the news recently after it delisted several spot trading pairs starting September 8. The popular exchange took the decision after assessing the spot…