Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...
Read More »Crypto Network Solana Sets Up Huge Office in New York
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The popular crypto network Solana is opening a new office in downtown Manhattan, New York. The office will occupy roughly 25,000 square feet in a multiple-story building. Solana and New York… An Unusual Match Solana is presently the tenth largest digital currency by market capitalization. The news is odd for...
Read More »Polygon Labs Launches Copilot AI Assistant with Help from OpenAI’s ChatGPT
Polygon has joined Solana and Etherscan and launched an AI assistant, Copilot, that integrates ChatGPT and offers users varying functions. Ethereum scaling platform Polygon has joined the artificial intelligence (AI) race and launched an AI assistant called Polygon Copilot. The Copilot’s interface integrates GPT 4 from OpenAI to offer users an easy way to interact with the product using easy language. An official release states that Polygon Copilot helps to level the playing field for new...
Read More »Ava Labs Unveils Game-Changing AI Assistant for Core Web Users
Ava Labs’ latest innovative approach reflects the company’s commitment to pushing the boundaries of the AI technology. Artificial intelligence (AI) has taken another foray into the cryptocurrency industry, the latest to embrace this cutting-edge technology is Ava Labs, the brains behind the success of Avalanche blockchain. The software development company recently unveiled its newest addition: AvaGPT, a generative AI assistant to enhance user experiences. In a lengthy Twitter thread on...
Read More »Solana (SOL) Price Analysis: Bulls Aim Recovery To $18.50
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Solana price started a decent increase above the $15.50 resistance against the US Dollar. The price is now trading above $15.50 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $15.40 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The...
Read More »Bitcoin (BTC) Dominance Surges Past 50% amid Crackdown on Altcoins
The market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined. Bitcoin (BTC) has had some difficult runs recently, but maybe its market dominance was never in doubt. This follows after the market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined. According to TradingView data, Bitcoin dominance surpassed 50% on Monday, in what was its first...
Read More »Bitcoin Price Stabilizes in $26K Range Following Recent Regulatory-Induced Volatility
The price of Bitcoin is now experiencing some stability after heavy volatility following last week’s events in the crypto sector. The price of Bitcoin (BTC) seems to have stabilized as the world’s largest cryptocurrency by market cap recovers from recent volatility. Throughout last week, Bitcoin was unstable following regulatory issues that plagued the crypto industry and caused uncertainty and doubt. According to CoinMarketCap data, Bitcoin is trading at $26,147 after climbing less...
Read More »SEC Chair Gary Gensler Refers to Bitcoin and Ethereum as Non-Securities in Newly Revealed Video
The SEC chair previously indicated that all cryptocurrencies apart from BTC are securities. In a recently unearthed video from a 2018 crypto-themed event hosted by Bloomberg and Fidelity, Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), made statements that contradict his current position on digital assets regulations in the country. The video, which started circulating on Twitter on June 12, shows Gensler addressing institutional investors...
Read More »Securities Designation: Cardano, Solana, and Algorand Plummet to New Lows
While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these...
Read More »Polygon, Solana Join Cardano in Dismissing the SEC’s Allegations
The Securities and Exchange Commission alleged that some of the largest altcoins, such as ADA, MATIC, and SOL, are unregistered securities. Most assets slumped in value shortly after the allegations went out. Now, though, the organizations between the blockchains and the tokens have published official statements to refute the SEC’s claims. Polygon Responds MATIC traded at $0.9 last week, just a few days before the SEC went after Binance and Coinbase, alleging in the lawsuits...
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