Cryptocurrency

In the digital finance realm, the early months of 2024 have brought a notable 23% reduction in financial damages from cyber-attacks and deceptive schemes compared to the previous year, reveals a detailed analysis by Immunefi, a leader in blockchain safeguarding, dated March 28. The comprehensive study outlines that the industry faced a downturn in monetary…

On the trading day of March 29th, Litecoin stood out as the top performer among the elite group of the top 20 cryptocurrencies, boasting a remarkable 12% gain within a swift 12-hour trading session. A dive into on-chain analytics reveals the catalysts propelling the impressive surge in Litecoin’s valuation and sheds light on how market…

The Solana-based meme cryptocurrency, dogwifhat (WIF), has experienced a notable increase of approximately 17% in the last 24 hours, as per CoinGecko’s data. This playful digital currency has achieved a new all-time high, reaching the $4.00 mark. Introduced in November 2023, dogwifhat swiftly ascended to prominence within the meme coin community. Currently, WIF holds a…

As we approach the end of the quarter, the crypto market braces for a significant event with $15 billion in Bitcoin and Ethereum options poised to expire this Friday, March 29th. Deribit, a premier options trading platform, is at the forefront, with plans to close out Bitcoin options contracts valued at $9.5 billion, alongside Ethereum…

As the decentralized finance (DeFi) realm evolves, Ether.fi emerges as a noteworthy contender, having launched its governance token on March 18th amidst much speculation. The initial market reaction saw a 20% drop to $2.83 following its Binance listing, yet, Ether.fi’s value soared over 70% to an all-time high of $6.41 by March 27, 2024. This…

Federal prosecutors in Manhattan have accused KuCoin, one of the globe’s largest crypto exchanges, of violating US anti-money laundering laws. KuCoin allegedly failed to adequately vet customers, resulting in the transfer of billions of dollars in illicit funds since its establishment in 2017. According to prosecutors, the Seychelles-based exchange actively sought business from US clients…

Ethereum’s price is pushing for a breakthrough beyond the $3,500 mark, showing signs of resilience. To sustain this upward trajectory, ETH needs to surpass the critical $3,680 barrier in the short term. Ethereum is gaining momentum above the $3,500 support level, indicating growing investor confidence. The price has crossed the $3,600 mark and remains above…

With Bitcoin’s market capitalization reaching a historic high of $1.451 Trillion, investors are gearing up for potential gains well ahead of the upcoming Division. The largest cryptocurrency by market cap has shown a notable reversal in late 2023 and this trend has continued into 2024, affirming the dominance of the bullish market sentiment. The surge…

Advancing Crypto Regulation to Align with International Standards The Argentine Senate has granted final approval to legislation establishing a registry of Virtual Asset Service Providers (VASPs) overseen by the National Securities Commission (CNV). This legislative move, affecting the operations of crypto exchanges and wallets, is aimed at meeting the minimum requirements outlined by the Financial…

In a groundbreaking move, Japan’s Government Pension Investment Fund (GPIF), the steward of an immense $1.5 trillion in assets, has set its sights on delving into the realm of Bitcoin. This behemoth of a pension fund, responsible for managing the financial futures of millions of Japanese citizens, has made waves by announcing its intention to…