Crypto news

[unable to retrieve full-text content]CoinspeakerDecentralized Bitcoin Exchange Portal Secures $34M in Seed Funding Portal aims to use the fresh funding to debut its products on the mainnet and foster the expansion of its ecosystem. The Bitcoin-based DEX distinguishes itself by not holding user funds in any capacity, whether through single or multiple signatures. Decentralized Bitcoin Exchange Portal Secures $34M in Seed Funding

[unable to retrieve full-text content]CoinspeakerInvesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then. Invesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors

[unable to retrieve full-text content]CoinspeakerWeb3 Social Game Forgotten Playland Completes $7M in Seed Round With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years. Web3 Social Game Forgotten Playland Completes $7M in Seed Round

[unable to retrieve full-text content]CoinspeakerSEC Slams HyperVerse Founders for Crypto Fraud and Raising $2B in Ponzi Scheme As per the SEC, Chunga individually accumulated approximately $3.7 million from investors' funds, spending it on personal luxuries like a BMW, designer clothing, and a $1.2 million residence in Maryland. SEC Slams HyperVerse Founders for Crypto Fraud and Raising $2B in Ponzi Scheme

[unable to retrieve full-text content]CoinspeakerBinance Officially Allows Large Customers to Keep Assets with Independent Custodians Eligible Binance customers can now use independent custodians to keep their assets instead of holding them on the Binance exchange. Binance Officially Allows Large Customers to Keep Assets with Independent Custodians

[unable to retrieve full-text content]CoinspeakerDecentraland to Launch Desktop Client in 2024, Eyes Expansion Decentraland’s priority strategy for 2024 is to float a new powerful Desktop Client. Decentraland to Launch Desktop Client in 2024, Eyes Expansion

ADA price is attempting a fresh increase from the $0.500 zone against the US Dollar. The price is now trading above $0.510 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.490 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5350 and $0.5500 levels. Cardano price is holding the $0.500 support against the US Dollar, like Bitcoin. ADA price...

Ethereum price is eyeing an upside break above the $2,350 resistance against the US Dollar. ETH price is now trading above $2,280 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $2,250 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,240 support zone. Ethereum price is consolidating above the $2,280 level against the US Dollar. ETH/USD could rise...

The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply for a spot Bitcoin exchange-traded fund (ETF) with local regulators. This move aligns with Hong Kong’s preparations for its first wave of spot crypto  ETFs. First Spot Bitcoin ETF in Hong Kong According to the Tencent report, Harvest aims to launch the city’s first spot Bitcoin ETF after the Lunar...

Ripple’s Chief Technology Officer, David Schwartz, has shown his support for the proposed governance changes within the XRP Ledger Foundation (XRPLF). The move comes in response to a comprehensive proposal by XRP Ledger developer David Fuelling, aiming to enhance transparency and decentralization within the XRPL governance systems. Open Dialogue and Community Involvement In a recent social media post on X, Schwartz commended Fuelling’s initiative: “Appreciate this public...