Crypto news

Aside from his involvement with OCEAN, Dorsey has supported many other blockchain projects with strong potential to benefit the crypto space. Wyoming-based software development company Mummolin has raised $6.2 million in an investment round led by Jack Dorsey, an American internet entrepreneur and billionaire CEO of the financial services company Block, for the launch of its decentralized Bitcoin (BTC) mining pool, OCEAN. In a press release published on November 28, the company said it had...

While the recent headlines may have captured Binance and CZ’s legal troubles and the increased regulatory scrutiny on centralized exchanges, there has been a notable shift in the Ethereum staking pool dynamics. With the increase in the number of validators exiting the pool, ETH issuance has seen a slowdown in its growth rate. This has subsequently resulted in the first reduction in the staking pool balance since the Shanghai upgrade. Validator Exodus According to blockchain...

Technical Analysis By TradingRage Ripple’s price has been experiencing a pullback on both the USDT and BTC pairs over the last few weeks. Yet, the market might begin another bullish move soon, as the price is currently at strong support levels. The USDT Paired Chart On the USDT paired chart, the price has been on the decline over the recent weeks after it failed to move past the $0.7 mark. The $0.6 support level is currently preventing the price from dropping lower. Yet,...

The Blast Mainnet is scheduled to go live on February 24, 2024, enabling withdrawals and allowing users to redeem their Blast Points for actual rewards starting from May 24 next year. Recently launched Ethereum (ETH) Layer-2 blockchain Blast has earned itself some popularity in the last few days, although a significant portion of this fame has not been for the right reasons. Blast is the first-ever Layer-2 blockchain protocol to provide its depositors with native yield and this singular...

The Forbes Under 30 List, including all categories and individual profiles are available on the Ethereum blockchain for permanence. Forbes has announced the launch of its annual Under 30 list on the Ethereum blockchain. The announcement represents news of the first time a publication like this is launching on the blockchain and is a pointer to the potential of using blockchain technology to permanently store published data. Forbes is doing this to ensure that all of the achievements under...

Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code. The Philippine Securities and Exchange Commission (SEC) has greatly increased its regulatory fight against the global crypto trading giant Binance. The SEC accused the crypto exchange of illegally operating in the country without licenses. In a recent notice, the Philippine SEC...

Reddit initially filed for an IPO in December 2021 and was expected to make its public debut the following March. For the umpteenth time, the popular social media platform Reddit is reportedly getting set to make its public debut. This follows after a recent Bloomberg report confirmed that the firm has made reasonable progress in that regard. Per Bloomberg, Reddit is currently in talks with potential investors and its Initial Public Offering (IPO) could happen as early as the first quarter...

The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust. Franklin Templeton has submitted an updated S-1 filing to the Securities and Exchange Commission (SEC), seeking approval for the launch of a Bitcoin exchange-traded fund (ETF). This move comes shortly after the SEC decided to postpone the consideration of the previous proposal. The Franklin Bitcoin ETF...

Welcome to SIX Digital Exchange, the world's first fully regulated stock exchange and central securities depository (CSD). SDX, ein führender Anbieter von Krypto-Dienstleistungen und -Infrastruktur, der zur SIX Group gehört, arbeitet ab sofort mit DLT Finance, einem BaFin-lizenzierten Handels- und Brokerunternehmen zusammen, um ihre institutionellen Krypto-Dienstleistungen zu erweitern. Im Rahmen der Zusammenarbeit wird SDX die Rolle des Custodian...

Solana price started a fresh increase from the $51.20 zone against the US Dollar. The price is now trading above $55.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $60.00 and $61.20 to continue higher in the near term. Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could...