Latest Articles
UK FCA Flags Huobi (HTX), KuCoin, and 140 Companies as Unauthorized
By Temitope Olatunji
• 3 mins read
The warning list serves as a clear message from the FCA, indicating that the included companies lack authorization or have failed to meet regulatory requirements for operating within the United Kingdom.
JPMorgan Analysts: Ethereum (ETH) Becomes Centralized with Staking Surge
By Temitope Olatunji
• 3 mins read
The analysts stressed that centralization, whether caused by specific entities or inherent features of the protocol, presents significant risks to the Ethereum network. This
Former Bitmex CEO Arthur Hayes Anticipates Explosive Bitcoin Price Rise to $750,000 by 2026
By Temitope Olatunji
• 3 mins read
Hayes based his bullish prediction on several key factors. He pointed to the potential economic downturn and financial crisis, which could lead to near-zero interest rates, creating favorable conditions for Bitcoin’s growth.
Ripple’s Court Triumph: Judge Torres Rejects SEC’s Appeal, XRP Price Expected to Surge
By Temitope Olatunji
• 3 mins read
This ruling marked a crucial victory for Ripple, instantly boosting XRP’s price by almost 5%. When Ripple achieved its first victory, although a partial one, in July, the price of XRP spiked from $0.46 to $0.93 in just 10 hours, a stunning 100%+ increase.
Terraform and Do Kwon Secure First Victory as Investors Drop Class-Action Lawsuit
By Temitope Olatunji
• 3 mins read
Lawyers representing the investors submitted a notice of voluntary dismissal of the lawsuit against Terraform Labs and Do Kwon in the United States District Court for the Northern District of California.
Crypto Analysts Remain Bullish SEC Postpones Spot Bitcoin ETF Verdict for BlackRock, Invesco, Bitwise
By Temitope Olatunji
• 3 mins read
Eric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year.
Enflame Technology Secures $273.7M in Funding Supported by Tencent and Shanghai Investors
By Temitope Olatunji
• 3 mins read
Enflame, a company that was founded in March 2018, has already made significant strides in AI chip manufacturing. The company’s cloud chips have found applications in diverse sectors, including education, smart cities, and scientific research.
Franklin Templeton Joins Race for Spot Bitcoin ETF
By Temitope Olatunji
• 3 mins read
According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc.
Binance Japan and MUFG Trust Bank Forge Partnership for New Bank-Backed Stablecoin
By Temitope Olatunji
• 3 mins read
This partnership is also a significant stride in the Japanese government’s endeavor to embrace blockchain technology and cryptocurrencies, fostering their broader adoption within the country and beyond.
Ethereum Co-Founder Vitalik Buterin Moves 400 ETH to Coinbase
By Temitope Olatunji
• 3 mins read
Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase. With the price of ETH at $1,573.35 as of the time of writing, the value of the transfer amounts to an impressive $629,200.