In a recent development, a federal judge in California expressed his inclination towards allowing the US Securities and Exchange Commission’s (SEC) lawsuit against Kraken to proceed. This decision casts doubt on the exchange’s hopes of having the case dismissed. The judge, William Orrick, mentioned that he was leaning towards denying Kraken’s request to dismiss the
MomoAI is at the forefront of utilizing cutting-edge AI technology to drive social growth within the TON and Solana ecosystems. The platform’s innovative approach combines viral marketing strategies with AI-bot interaction to achieve rapid user expansion and high levels of engagement. With a primary focus on fostering growth within the Telegram ecosystem, MomoAI stands out
The recent Bitcoin price crash below $66,000 has sent shockwaves through the market, resulting in over $90 million in liquidations within just 24 hours. Analysts are expressing concerns that the worst is yet to come, with crypto analyst Ali Martinez predicting a further 20% decline in Bitcoin’s price from its current level. Martinez’s analysis on
In a recent analysis by on-chain analytics platform Santiment, a potentially bullish factor has been identified for Cardano (ADA) and XRP within the volatile crypto market. While both tokens experienced relief pumps after a recent downturn, traders remain cautious about interpreting this as a definitive bullish reversal. Santiment’s assessment points to heavy shorting activity among
Recently, the US Commodity Futures Trading Commission (CFTC) has launched an investigation into Jump Crypto, a prominent player in the cryptocurrency sector. While the exact reasons for the probe have not been disclosed, sources familiar with the matter have indicated that the federal agency is examining Jump’s trading and investment activities in the crypto industry.
In the past 24 hours, the cryptocurrency market has shown signs of recovery, with major digital assets like Bitcoin, Ethereum, and Ripple seeing modest gains. This positive movement comes after a period of losses that had been registered in the market recently. AI-related Coins Thrive While leading cryptocurrencies experienced minor gains, AI-related coins such as
Ethereum, the second-largest cryptocurrency based on market capitalization, is currently in a phase of consolidation. This period of stability in the price of Ethereum has left traders and investors uncertain about the future direction of the cryptocurrency. With Ethereum’s price hovering around key support and resistance levels, market participants are cautiously monitoring technical indicators and
Binance, the leading cryptocurrency exchange globally, is currently navigating through various regulatory hurdles in different countries, such as India, Canada, and the United States. In India, the Financial Intelligence Unit (FIU) imposed a hefty fine of 188.2 million Indian Rupees on Binance for failing to comply with Anti-Money Laundering (AML) regulations. The FIU found that
NVIDIA, once considered a tech giant on Wall Street, has now claimed the title of the largest market capitalization in the world, surpassing Microsoft. The company has experienced a significant increase of around 3.5% in its stock price in the last 24 hours alone. Throughout 2024, NVIDIA has seen an impressive surge in its stock
Kraken, a prominent cryptocurrency exchange, recently faced a major security breach when an undisclosed white-hat hacker group exploited a critical bug in its system. The security researchers, who first identified the bug, demanded compensation from Kraken for their discovery. This raised ethical concerns in the crypto community about the boundaries of bug bounty programs. The
