The world of non-fungible tokens (NFTs) has taken the art industry by storm, revolutionizing the way we perceive and experience digital art. Recently, Modex’s groundbreaking partnership with FIFA+ Collect Club has captured the attention and imagination of both art enthusiasts and football fanatics alike. This unique collaboration brings together the realms of digital art and
Financial technology company Revolut recently announced its plans to suspend cryptocurrency purchases for its business clients in the United Kingdom. This decision is in response to the new rules on cryptocurrency promotion set by the UK’s Financial Conduct Authority (FCA), which will go into effect in January 2024. Revolut stated that the suspension of cryptocurrency
The United States Securities and Exchange Commission (SEC) has recently announced a delay in its decision on whether to approve applications for several Ethereum exchange-traded funds (ETFs) from asset management firms. This decision affects applications from Ark Invest/21Shares, VanEck, and Hashdex, all vying to launch Ethereum ETFs. While VanEck and Ark Invest/21Shares aim to track
After experiencing several days of decline, with bitcoin dropping to around $40,500, the cryptocurrency market finally witnessed a significant turnaround as bitcoin initiated a notable leg-up, surging past $43,000. The altcoins also followed suit, with SOL jumping above $70 and ADA touching $0.6. The recent past has been riddled with challenges for the primary cryptocurrency,
One analyst recently provided an update on the price outlook for Cardano (ADA) token, noting upward momentum but expressing skepticism about a sustained uptrend. Although ADA showed a recent “green candle” on the price chart, the analyst cautions that this alone does not indicate the start of a significant upward movement. There is a lack
ZKGROK, a ZKsync-based token, has experienced an incredible overnight surge, skyrocketing 130x in value. This unexpected pump has propelled the token to the third position on DEXtool’s hot pairs. Investors who got in early have reaped substantial profits. However, many are beginning to wonder if the next big thing in the meme coin market could
BlackRock, one of the prominent asset managers, has filed a new amendment to the S-1 filing for its Bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust. The recent filing includes significant changes that indicate recent discussions between BlackRock and the U.S. Securities and Exchange Commission (SEC). It also introduces a market ticker symbol
Bitcoin (BTC) experienced a significant rally last week, surpassing the $44,000 mark. However, it encountered strong resistance at nearly $45,000 and subsequently dropped in value. An analyst at market analytics platform CryptoQuant suggests that profit-taking by a specific group of investors may have triggered the retracement. Through an analysis of on-chain data, CryptoQuant’s analyst, Yonsei,
In a bid to foster innovation in the crypto industry and overcome existing regulatory obstacles, the leaders of the UK Treasury have presented a set of rules known as Digital Securities Sandbox (DSS) regulations before the parliament on December 18. The main objective of these regulations is to establish a controlled environment that enables companies
Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), recently experienced a significant liquidity loss in its Camelot’s AURY-USDC pool. This incident was a result of a hack on the SyncSpace bridge, leading to the unauthorized withdrawal and subsequent market sale of approximately 600,000 AURY tokens on the Arbitrum (ARB) network. In
