Tag: Cryptocurrency
Blockchain
FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $19 billion by offloading a considerable amount of solana (SOL), including tokens that were not
Blockchain
Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40
Dogecoin has had a rather interesting week, first rallying to cross $02, before correcting back downward and eventually losing support at $08 Nevertheless, there is still a lot of steam left in the
Blockchain
Coinbase stands strong in consumer lawsuit as case is revived post-appeal
Coinbase chief legal officer Paul Grewal responded to a legal development that has revived a consumer lawsuit against the US-based crypto exchange that was dismissed in 2023 On April 5, Grewal said
Blockchain
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle
Blockchain
Sony Bank Leverages Polygon Blockchain For Stablecoin Pilot Program
According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked digital currency In collaboration with blockchain
Blockchain
History Favors Bitcoin Bulls Despite Crypto Hedge Funds Increasing Shorts
Bitcoin may be dripping lower at spot rates Still, one analyst is unfazed, expecting the coin to reverse recent losses and snap up firmly before peaking in December 2024 At spot rates, BTC is down
Blockchain
Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter Bitdeer
Blockchain
Montenegro Supreme court once again blocks Do Kwon’s extradition
The Supreme Court of Montenegro has overturned earlier rulings regarding the extradition of Terraform Labs co-founder Do Kwon and has ordered a new review of the case on April 5 The decision calls
Blockchain
Shiba Inu On The Brink Of Crashing As Multiple On-Chain Metrics Turn Red
Shiba Inu (SHIB) is at risk of further price declines based on several on-chain metrics, signaling a bearish sentiment in the ecosystem This could no doubt present a setback for the meme coin, which
Blockchain
Unveiling the Saga: Binance Prepares for $3.9 Billion Gaming Token Rollout
In the ever-evolving world of cryptocurrency, Binance is gearing up to make headlines with the introduction of the SAGA token Slated for listing on April
Blockchain
Bitcoin Cash hits new peak since 2021, sparking debate over Bitcoin’s next move
Quick Take The recent Bitcoin Cash (BCH) halving has sparked a significant price rally, propelling the digital asset to its highest level since 2021 Based on CryptoSlate research, an intriguing
Blockchain
XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen
Crypto analyst CrediBULL Crypto has laid out a bullish narrative for Ethereum (ETH) and XRP He claimed that both tokens could rise to as high as $20,000 and $20, respectively Additionally, he
