Coinbase, one of the leading cryptocurrency exchanges, dropped a bombshell this week when it announced that it had received a subpoena from the U.S. Commodity Futures Trading Commission (CFTC). In an email sent to its users, Coinbase revealed that it was requested to provide information about its users’ accounts and transaction activity, although the specifics
The hype surrounding blockchain and cryptocurrency has led to the emergence of numerous projects that claim to harness the power of artificial intelligence (AI). However, amidst this hype, it is crucial to identify genuine use cases for AI in the realm of crypto and blockchain. In this article, we will explore the potential role of
In the rapidly growing world of non-fungible tokens (NFTs), one critical aspect that demands attention is storage. As NFTs gain popularity, it becomes paramount to adopt decentralized solutions that ensure secure and efficient on-chain NFT storage. Recognizing this need, Akord has emerged as a game-changer in the industry with its groundbreaking offering. Built on Arweave,
A recent analysis conducted by crypto expert CryptoCon has pointed towards a bullish outlook for Bitcoin, suggesting a potential rally to $48,000 by early January. The analysis focuses on the Ichimoku Cloud indicator, a comprehensive tool that provides insights into market momentum, trend direction, and support and resistance levels. According to CryptoCon, the Weekly Ichimoku
Ethereum founding member, Vitalik Buterin, recently published a blog post that shed light on the potential dangers of artificial intelligence (AI) for humanity. His thought-provoking article titled “My Techno-Optimism” ignited a fiery debate within the AI and blockchain community. While some individuals agreed with Buterin’s concerns, others raised criticisms and objections. Emergent Perspective, an X
The decentralized exchange (DEX) market has recently witnessed a surge in explosive moves by various tokens, and one such token that has caught the attention of investors is ‘10000x.’ This unlikely token has experienced an astounding price increase of 5,000%. However, as market focus shifts towards a new Bitcoin ETF project, the future of 10000x
Ether (ETH) has been facing difficulties in maintaining the $2,000 support level, with its price struggling to surpass the $2,100 mark. These challenges come at a time when the broader cryptocurrency market sentiment is deteriorating. It is crucial to analyze whether recent developments, such as the U.S. Department of Justice (DOJ) signaling potential severe repercussions
In Hong Kong, despite recent fraud scandals involving crypto exchange platforms, the financial regulators have decided to retain the grace period for crypto firms. This grace period allows crypto firms to operate without a license until June 2024, providing them ample time to comply with new regulatory standards. While some may argue that stricter regulations
The digital asset investment market has experienced a remarkable influx of capital in recent weeks, marking a significant turning point that reflects renewed investor enthusiasm. CoinShares’ latest data reveals that the total assets under management (AuM) in digital asset investment products have reached a staggering $45.3 billion, propelled by a consecutive nine-week run of inflows.
In the ever-evolving world of cryptocurrency, meme coins have become a popular trend. One such coin, PEPE100x, recently experienced an astronomical rise overnight, jumping 50x and reaching a record high of $0.00386. This surge in value followed the pattern of many other meme tokens that enjoyed significant opening rallies on platforms like Uniswap. However, the
