After the Bitcoin halving in April, the cryptocurrency world was abuzz with anticipation of a major price breakout. Despite reaching highs of $71,443, the token soon experienced a retracement to $66,936. Renowned analyst Rekt Capital shared insights on this price movement, labeling it as the “post-halving danger zone.” Rekt Capital pointed out that Bitcoin’s rejection
The internet was recently hit with sad news as Kabosu, the Shiba Inu who rose to fame as the original “Doge” meme, passed away at the age of 18. Her owner, Atsuko Sato, a Japanese kindergarten teacher, confirmed the news on social media, sharing the heartbreaking update with Kabosu’s adoring fans. Known for her iconic
The recent sale of $2.6 billion worth of discounted Solana tokens by the bankrupt crypto exchange FTX has raised eyebrows within the cryptocurrency community. Figure Markets and Pantera Capital were among the buyers who acquired the final troves of SOL tokens from FTX through auctions. According to undisclosed sources, Figure purchased 800,000 coins for approximately
The Bitcoin price has recently dropped back down to $67,000 after briefly reaching above $71,000. This fluctuation has prompted crypto analysts to closely examine the technical indicators to determine the next direction for the price. One analyst has pointed out that Bitcoin has entered a critical zone, with specific levels that could provide insights into
The recent unanimous decision by the U.S. Supreme Court against Coinbase Inc. dealt with an arbitration dispute stemming from the cryptocurrency exchange’s 2021 Dogecoin sweepstakes. The ruling clarified the importance of determining which legal agreement takes precedence when parties are governed by multiple contracts. This decision highlighted the necessity for courts to establish which contract
Coinbase has accused the SEC of attempting to evade established legal tests by overlooking the question of whether digital asset transactions that do not entail any post-sale obligations can be considered investment contracts. In a recent motion filed with the US District Court for the Southern District of New York, the exchange argued that the
The Dogeverse (DOGEVERSE) presale is quickly approaching its conclusion, with investors having until 10 am UTC on 3 June 2024 to participate. This presale offers a unique opportunity to get in on the ground floor of a multi-chain offering, the $DOGEVERSE meme token, which has already raised over $15 million, highlighting its popularity and potential.
OpenSea has recently introduced the “Get Based” series, a project aimed at shining a spotlight on artists working within Coinbase’s Base network, a Layer 2 solution for Ethereum. This initiative plans to feature the works of up to 15 artists over the course of the summer, with the first installment focusing on a reimagined piece
The cryptocurrency market is abuzz with anticipation as the approval of spot Ethereum ETFs looms on the horizon. Thomas Fahrer, the co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics that could unfold following this approval. Fahrer’s insights have sparked a debate within the crypto
The U.S. District Court for the Western District of Texas recently ruled in favor of the Securities and Exchange Commission (SEC) in a case against crypto influencer Ian Balina. The court found that Balina had offered and sold SPRK Tokens as securities in unregistered transactions, thus violating US securities laws. The SEC’s complaint, filed on
