News

Solana Rises 10%, Overtaking XRP

Ethereum competitor Solana flipped the market cap of XRP, becoming the sixth-largest cryptocurrency in the world, according to data aggregator CoinGecko. Solana currently trades at $209.58, up 10.9% in the last 24 hours alone and roughly 30% higher than it was this time seven days ago. At 9.49 AM UTC this morningthe height of its price surgeSolana was trading at…

Continue Reading

News

Polymarket Under CTFC Probe for High Profile Crypto Bets

Polymarket, a self-described decentralized information markets platform, is facing a probe from the Commodity Futures Trading Commission (CFTC) for possibly falling foul of U.S. trading regulations, per Bloomberg. Polymarket is firmly committed to complying with applicable laws and regulations and to providing information to regulators that will assist them with any inquiry, a Polymarket spokesperson said. The CTFC reportedly declined…

Continue Reading

News

How EX Sports NFTs Are Changing The Game for Niche Athletes

Freestyle footballer San Garnier could teach the Premier League a thing or two. Indeed, some of the worlds most famous soccer players have joined Garniers millions of social media followers in begging him to teach them his mind-blowing tricks. Now, Garniers using the emerging technology of non-fungible tokens (NFTs) to take his skills directly to his fanbaseand revolutionize the way…

Continue Reading

News

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals – Regulation Bitcoin News

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto Regulations U.S. banking corporation BNY…

Continue Reading

News

Ethereum eyes rally against Bitcoin, with ETH price showing hidden bullish divergence

Ethereums native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3. Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming an ascending channel. Later, ETH/BTC broke the…

Continue Reading

News

Competing Bitcoin ETFs Gear Up For ‘Brutal Fee War’

What once seemed a remote possibility, is now an accelerating reality as two U.S.-listed exchange-traded funds (ETFs) tied to Bitcoin futures debuted on Wall Street last week. An ETF is an investment vehicle tracking the performance of an asset or group of assets. In the case of a Bitcoin futures ETF, the particular asset is Bitcoin futures contracts traded on…

Continue Reading

News

Dogecoin, Shiba Inu Ride the Elon Musk Hype Cycle

Tesla CEO and some-time Saturday Night Live guest Elon Musk has once again shifted the already volatile cryptocurrency markets with a series of tweets, causing the prices of meme coins Shiba Inu and Dogecoin to fluctuate wildly. First up, Shiba Inu coin, which hit all-time highs of $0.00004432 on Sunday evening, according to CoinGecko. Its recent surge came as a…

Continue Reading

News

Crypto investments a financial back up for Facebook whistleblower

Frances Haugen, a former Facebook employee-turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment. Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. She allegedly possesses numerous confidential research documents, which according to her, shows that “Facebook prioritizes profit over the well-being…

Continue Reading