Key Takeaways Grayscale has retained the former U.S. Solicitor General Donald B. Verrilli, Jr. Verrilli will allegedly work to help the firm convert the Grayscale Bitcoin Trust to a spot Bitcoin ETF. ...
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LTC gains bullish momentum at $62.84
Cryptocurrencies prices heatmap, source: Coin360 Litecoin price analysis indicates a bullish market trend whereby bulls have been trying to push the prices past the $62 level over the last 24 hours. H...
Ethereum (ETH) Market Cap Slashed By More than $100 Billion in May
Ethereum (ETH) tumbled during the crypto market crash of May and this led to a substantial decrease in the market value of the first smart contracts-backed blockchain technology. Ethereum remains the ...
How will PayPal allow its users for Bitcoin and Ethereum transfer to External wallets to be beneficial?
For a long time, users of global payment giants were asking to add the feature that was finally heard, and PayPal allowed them to move crypto to external wallets. Good news for crypto users was ...
Ethiopia believes Bitcoin transactions are illegal
The Central Bank of Ethiopia has issued a public statement warning its citizens that Bitcoin transactions are illegal in the country. Ethiopia speaks out against Bitcoin exchanges According to the Eth...
Is It Right Time to Buy ETH Amid Advancement of Ethereum Ropsten?
Ethereum is one of the largest cryptocurrencies in the world by market cap, which has seen an outflow in the last few months, but now ETH has been in the news because of many reasons. In the Ethereum ...
How Indian Taxation System can be Painful for Terra LUNA Investors
The sudden crash of the Terra Luna in early May was a black event that resulted in severe consequences for its investors and the crypto environment. Many investors lost their life savings, parked in t...
Britain Eyes Becoming a Crypto Hub, Upgrading the Market by Adopting DLT
In pursuit of becoming a global crypto hub, the United Kingdom seeks to revamp the traditional financial market using distributed ledger technology (DLT), according to the finance ministry, as reporte...
Checkout.com Opens Up Platform To Stablecoin Payments
The payments company, Checkout.com has announced that it will let users settle payments in the USDC stablecoin from now on. New Payment Option On Checkout.com The feature, which would allow merchants...
Ethereum, “The Merge”: What Investors Are Saying
Ethereum is entering its next phase. Some investors call it the Amazon cloud service of blockchain … [+] and crypto. (Photo by Yuriko Nakao/Getty Images) Getty Images At long last, this is the s...
Former US Solicitor General to Aid Grayscale’s Bitcoin ETF Efforts
The world’s largest digital asset manager – Grayscale – hired Donald B. Verrilli as additional legal counsel. With his help, the firm aims to receive the SEC’s approval and finally convert its Bitcoin...
What’s next for Moderna stock as firm announces modified booster against Corona strains
On Wednesday, June 8, Moderna (NASDAQ: MRNA) announced an enhanced version of their coronavirus vaccination designed to protect against the Omicron variant. This new booster dose is a combination of t...
ATX DAO Partners With Artist ER, HOPE Campaign, And Native Hostel
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Peak U.S. inflation? This obscure corner of the financial market says otherwise
In a little-known part of the financial market that’s had the most accurate reads on U.S. inflation so far, traders are pricing in an annual headline rate on the consumer-price index of 8.5% or higher...
Will a new Japanese law allow seizure of your crypto?
According to reports, Japan’s Justice Ministry is considering revising an asset seizure statute connected to organized crime. This is expected to include a provision allowing crypto to be hijacked in ...
Cryptopolitan announces Dapp Play Store as guest project for upcoming Web3 Masterminds event
Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...
Crypto Exchange Phemex Names Manchester City Kevin de Bruyne As Brand Ambassador
Manchester City football star Kevin de Bruyne has been announced as the official brand ambassador for cryptocurrency exchange, Phemex. The move mirrors that of many others in the crypto space who have...
MachineFi Lab To Activate Propulsion In IoT Data Collection For Web3: Raises Funds Worth $10 M
MachineFi Lab has raised $10 million in a seed funding round led by Samsung Next, Draper Dragon Fund, Samsung Next, and Jump Capital. MachineFi is a new model powered by Web3 in which intelligence and...
Ripple Hits Out Against SEC As Case Faces More Delays
Ripple on Wednesday filed a new letter against the in the Securities and Exchange Commission (SEC) in their ongoing lawsuit. The letter chides the SEC for adopting a limited understanding of certain m...
eCash Sustains After Rebranding; Right Time to Buy XEC?
XEC cryptocurrency is a major fork of Bitcoin; one can even call it the latest iteration of the BTC source fork. XEC is also called eCASH and carries the fork genes of BTC and Bitcoin Cash (BCH). Orig...
Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions – Regulation Bitcoin News
The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency...
Crypto Exchange Gemini Hit With Lawsuit for Alleged Negligence Over $36,000,000 in Customer Funds
A retirement account trust company is suing the crypto exchange Gemini for failing to have the “proper safeguards in place” to protect its customers’ assets. IRA Financial Trust alleges hackers stole ...
U.S. Senate Passes Legislation to Treat Cryptocurrencies as Commodities
The long-anticipated United States Senate cryptocurrency bill that would properly classify crypto assets has finally been passed, The Washington Post reported Tuesday. The bill, introduced by Senators...
Cardano Struggles below $0.70 High as It May Rally to $1.00
Jun 08, 2022 at 10:59 // Price The price of Cardano (ADA) has made impressive moves as the altcoin breaks out above the 21-day line SMA and retests the 50-day line SMA. Buyers are on the verge of brea...
Current economic downturn ‘not even close’ to 2008 crisis
ServiceNow Chief Executive Bill McDermott told CNBC’s Jim Cramer on Monday that he doesn’t expect the current economy to undergo a market downturn like the 2008 financial crisis. “Th...
A Cross Chain Wallet, DEX, NFT Marketplace & More
Blocto was recently introduced as a cross-chain crypto wallet. Its is working to build an entire ecosystem that connects blockchain applications (dApps), multiple crypto, NFT assets for both users and...
Campbell Soup, Moderna, Western Digital and others
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer’s shares rallied 3.7% in the premarket after Campbell reported an adjusted quarterly profit of 7...
Pollen Live on Mainnet with First Virtual Asset Management Module – crypto.news
Road Town, British Virgin Islands, June 7, 2022 – Decentralized crypto asset management platform Pollen yesterday marked the mainnet launch of Pollen Virtual – a trading simulation tool allowing users...
Ethereum Holds Crucial Support, Why Hopes of Fresh Rally Is Intact
Ethereum remained well bid above the $1,720 support against the US Dollar. ETH recovered losses, but it is still facing hurdles near the $1,850 zone. Ethereum remained well bid above the $1,720 suppor...
Failure Or Savior? Busting Myths About Switchblade Loitering Munitions In Ukraine
When the Pentagon announced it was supplying Switchblade loitering munitions to Ukraine, the move was met with a wave of enthusiasm. Some people seemed to think the Switchblade was a super-weapon whic...