The recent crypto market rally has seen Trellor (TRB) emerge as one of the winners, skyrocketing from a monthly low of $43 to over $115 in less than two weeks. This impressive surge has undoubtedly attracted heightened interest in the cryptocurrency, with more traders and investors jumping on board. However, amidst all the excitement, there
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In a recent case against LBRY, Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission (SEC), expressed her dissenting opinion on the agency’s actions. LBRY Inc., the company behind the LBRY blockchain and content-sharing network, decided not to appeal its loss in the case and instead announced that it would shut down and
As we step into the year 2023, the convergence of Artificial Intelligence (AI) and cryptocurrencies is no longer just a topic of discussion among tech enthusiasts. It has evolved into a distinct market category that is gaining significant attention. Major technology players like Microsoft have made substantial investments in this intersection, fueling the growing interest
Around 5,000 Coinbase users have recently signed up as potential amicus curiae in the ongoing legal dispute between Coinbase and the U.S. Securities and Exchange Commission (SEC). This article critically examines the significance of this development and its potential impact on the case. An amicus curiae, which translates from Latin to “friend of the court,”
The cryptocurrency industry in East Asia has been hit with yet another scandal, this time involving Changjiang Currency Exchange, a prominent money transmitter business based in Australia. In a shocking turn of events, the exchange has been implicated in a staggering money laundering case worth 230 million Australian dollars ($145 million). On October 26, a
Binance USD (BUSD), the stablecoin issued by Paxos for crypto exchange Binance, has experienced a dramatic decline in market capitalization. CoinGecko data shows that BUSD’s market cap has plummeted from its peak of $23.5 billion in November 2022 to a mere $2.1 billion currently. This puts BUSD significantly behind other stablecoins like USDT and USDC,
The world of investing is undergoing a significant transformation, fueled by the advancements in machine learning technologies. This shift is particularly noticeable in volatile markets, such as the cryptocurrency sector, where high risk often comes with high potential rewards. Traditional financial strategies are being reshaped as machine learning algorithms empower market participants with predictive analysis
U.S. lawmakers are increasing their pressure on the Justice Department to launch an investigation into Binance and Tether. Senators and Representatives are urging Attorney General Merrick Garland to take decisive action if the firms are found to be complicit in facilitating illicit financing, including support for terrorist groups such as Hamas. This latest move comes
Introduction After experiencing a brief correction from its new yearly high of $35,300, Bitcoin (BTC) is showing signs of renewed bullish momentum. As the digital asset approaches the $35,000 mark again, a key indicator is following patterns observed in 2020, suggesting a potential surge that could propel Bitcoin to reclaim its previous peak of $65,000.
Polygon Labs, the creator of the Polygon network, has recently launched the POL smart contract token on the Ethereum mainnet. This highly anticipated token upgrade aims to serve as a replacement for the MATIC token within the Polygon ecosystem. With the introduction of the POL token, Polygon 2.0 is one step closer to realizing its
