Crypto news

The past ten days or so went quite positively for bitcoin as the asset added almost ten grand within this timeframe, mostly fueled by the US Federal Reserve’s decision to reduce the key interest rates. However, certain social metrics suggest that the cryptocurrency’s run could be over, at least in the short term. FOMO to Halt BTC’s Uptrend? It was just last Wednesday, September 11, when bitcoin’s price tumbled hard after the US CPI numbers came out. At the time, the asset...

TL;DR Shiba Inu (SHIB) recently hit a three-week high, with some analysts predicting a potential massive bull run, though highly ambitious price targets seem unlikely. Rising social engagement and positive sentiment on platforms like LunarCrush suggest the meme coin may see further gains in the near future. Is SHIB Ready for New Glory Days? The second-biggest meme coin in terms of market capitalization has performed quite well lately, with its price surging to a three-week...

[PRESS RELEASE – New York, United States, September 20th, 2024] The Ignition AI Accelerator, a collaborative initiative between NVIDIA, Tribe, and Digital Industry Singapore (DISG), today announced that Aptos Foundation has partnered with The Ignition AI Accelerator to drive growth and advancement of AI startups in Asia. This deepens Aptos Foundation’s work to connect its expertise and Aptos-related technology with artificial intelligence solutions that are expected to be the...

[PRESS RELEASE – Kingstown, St Vincent & the Grenadines, September 20th, 2024] The Stashes Cryptosphere, a blockchain-focused platform, announces the upcoming presale of its Stashes ($STSH) Token, set for September 25, 2024. Designed to provide wider access to decentralized finance (DeFi) opportunities, $STSH aims to offer a user-friendly experience to a broad range of crypto participants by facilitating transactions on both the Binance Smart Chain (BSC) and Ethereum...

A Texas federal judge has dismissed a lawsuit filed by blockchain development company Consensys against the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, along with other commissioners. The lawsuit revolved around the SEC’s investigations into Ethereum (ETH) and its issuance of a Wells Notice regarding MetaMask, a cryptocurrency wallet developed by Consensys. The Judge’s Ruling The case began when Consensys filed a complaint challenging the SEC’s...

Terraform Labs, the company behind TerraUSD (UST) and Luna, has secured court approval to wind down operations in bankruptcy after settling with the United States Securities and Exchange Commission (SEC). According to a Reuters report, the wind-down plan was approved by US Bankruptcy Judge Brendan Shannon, who called it a “welcome alternative” to further litigation over investors’ losses. The approval marks the final step in Terraform’s bankruptcy proceedings. Terraform Legal...

The Open Network (TON) has continued to record outstanding growth as the protocol recently saw its active addresses outperform leading blockchains in the industry. According to data from the market intelligence platform IntoTheBlock, the number of daily active TON addresses surged to 3 million in the first week of September. Per the data, this figure exceeded the number of active addresses recorded on major Layer 1 networks, including Bitcoin and Ethereum. TON’s popularity...

Anthony Scaramucci, founder of the New York-based investment firm SkyBridge Capital, has revealed that he is working with Democratic presidential candidate Kamala Harris to draft crypto policies for her campaign. According to a CNBC report, Scaramucci made the revelation at the annual TOKEN2049 crypto conference on Thursday. He told a panel during the conference that several crypto advocates are currently in talks with Harris to draft industry-friendly policies ahead of the...

A key metric that indicates US investors’ interest in bitcoin turned negative on Friday. Experts, however, believe that this flip could positively affect BTC’s price. Coinbase Bitcoin Premium Records Negative Value According to a report by a CryptoQuant analyst, the Coinbase Premium recently recorded a significant negative value. The Coinbase Premium Index is an indicator that measures the percentage difference between the price of bitcoin on Coinbase Pro and Binance....

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