The NFT landscape has always been a whirlwind of speculation, trends, and rapid price movements, and the recent spike in the floor price of CryptoPunks on January 14th serves as a prime example. Within a mere three hours, the price surged nearly 15%, which prompted many to ask questions about the underlying factors. The price
Crypto
In a significant development for the cryptocurrency landscape in the United States, Congressman Tom Emmer has stepped into the role of Vice Chair for the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. This appointment was announced on January 14 by Committee Chairman French Hill, reflecting a strategic shift within the House Financial
In a significant legal action, the United States Securities and Exchange Commission (SEC) has initiated a lawsuit against Elon Musk, the billionaire entrepreneur known for his roles at Tesla and SpaceX, regarding his acquisition of Twitter, now called X. The focal point of the lawsuit lies in Musk’s alleged delay in disclosing his substantial ownership
In a commendable act of corporate responsibility, Ripple has pledged a significant contribution of $100,000 in XRP, its native cryptocurrency, to support those affected by the California wildfires. This donation comes through The Giving Block, a nonprofit organization that helps facilitate cryptocurrency-based charitable efforts. Its impact targets immediate relief programs orchestrated by reputable organizations like
In the ever-fluctuating world of cryptocurrencies, XRP has recently captured significant attention by surging to a remarkable 7-year peak of nearly $2.90. This increase, amounting to a daily gain of approximately 14%, not only places XRP in the spotlight but also marks a noteworthy revival within the broader cryptocurrency market. As of mid-January 2023, numerous
In the world of cryptocurrency, few exchanges have had as much scrutiny as Binance. Recently, the U.S. Supreme Court’s decision to deny a petition from Binance and its founder, Changpeng Zhao, highlights significant legal hurdles the exchange faces. The case centers on the application of U.S. securities laws to a non-U.S. entity that operates without
In an extensive survey conducted by the on-chain analytics platform CryptoQuant, enlightening insights into the demographics and trading habits of cryptocurrency users have emerged for the year 2024. Spanning from November to December, the survey garnered responses from 1,478 individuals across diverse global regions, encompassing Asia, Europe, North America, South America, Africa, the Middle East,
The cryptocurrency market, particularly Bitcoin (BTC), has witnessed a turbulent few days, with prices dipping below the $90,000 mark. This recent drop has raised eyebrows among analysts and investors alike, as it signals potential volatility in the near future. Despite Bitcoin’s reputation for resilience in the face of economic challenges, a confluence of macroeconomic factors
In the ever-fluctuating landscape of cryptocurrency, Ripple’s XRP has recently made notable strides after experiencing some intense volatility. Hitting a peak of around $2.60, XRP saw a sudden downturn that brought its value below the critical $2.40 threshold. However, as market sentiment rebounded, XRP managed to reclaim stability, currently priced at approximately $2.53. Analysts suggest
The world of cryptocurrencies is constantly evolving, with projects emerging from various origins and advancing into new realms. Shiba Inu (SHIB), once established as a meme coin, is shedding its playful image and maturing by extending its ecosystem. The forthcoming launch of TREAT, scheduled for January 14, marks a significant milestone in Shiba Inu’s journey,
