Crypto Market Recap. July 2023.
July presented itself as a potential turning point for the crypto market, with positive news driving price growth and sparking optimism within the community. However, the month ultimately brought more…
South Korean Prosecutors Arrest CEO of Crypto Exchange Bitsonic Over 10 Billion Won Fraud Allegations
The cryptocurrency market, lauded for its decentralization and the promise of financial democratization, faces a rising concern: dishonest exchange operators and executives. According to a local media outlet, South Korean…
Here’s Why Zero Knowledge Proofs (ZKPs) are the Bearers of a New Era in Digital Privacy
As today’s digital landscape continues to evolve, the idea of individual security has never been more paramount. In this regard, a technology called Zero-Knowledge Proofs (ZKPs) has come forth and…
Cronos Announces Testnet Launch of Cronos Explorer
Cronos, a prominent blockchain that interoperates with Ethereum and Cosmos ecosystems, has recently announced the testnet launch of Cronos Explorer. The platform took to X to inform the community about…
Cathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC
The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions. Cathie Wood, the CEO of ARK Invest has expressed belief that the US…
SoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters
The SoftBank loss surprised analysts who were expecting the company to report a gain, even though the company’s investment arm is up. SoftBank Group Corp reported a loss for the…
Bitstamp to Expand Derivatives Trading in Europe amid Fundraise
Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year. One of the oldest cryptocurrency exchanges Bitstamp is looking to expand…
PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of…
Bitcoin Could Quickly Jump to $30,000 and Beyond if Key BTC Holders Sustain Emerging Trend, Says Santiment
The crypto king could soon find itself over the $30,000 level if key holders continue the trend of swapping stablecoins for Bitcoin (BTC), according to Santiment. New data from the…
Bitcoin OG Adam Back Bets BTC Will Break $100,000 Before Next Halving – Here’s His Outlook
Blockstream CEO Adam Back is betting on Bitcoin (BTC) hitting a six figure price tag within a matter of months. Back tells his 524,700 X followers that he believes Bitcoin…