The landscape of cryptocurrency is in constant flux, but a recent report by CoinShares sheds light on the pivotal role played by Ethereum (ETH) in this dynamic ecosystem. According to findings released on September 24, two primary areas—marketplaces and stablecoins—are fundamental to Ethereum’s current prominence. While the network is undeniably influential in these domains, the
Crypto
Shiba Inu (SHIB) has recently captured the spotlight in the cryptocurrency world, witnessing an impressive price increase of 35% over the past week. This surge has propelled its market capitalization beyond the $11.5 billion mark, establishing SHIB as the 14th largest cryptocurrency, while retaining its position as the second-largest meme coin, trailing behind Dogecoin. Such
On December 2, Roman Storm, a prominent figure associated with Tornado Cash, is set to face trial in New York on three significant money laundering charges. This development follows U.S. District Judge Katherine Polk Failla’s rejection of his motion to dismiss the charges, a ruling that sheds light on the complexities at the intersection of
The political landscape of New York City is currently reeling from a host of corruption allegations that have ensnared Mayor Eric Adams. Once hailed as a beacon of hope for New Yorkers after his election in 2021, Adams’ tenure is now marred by federal scrutiny, which has led to significant resignations from his administration. This
Recently, LINK, the native cryptocurrency of the Chainlink decentralized oracle network, has experienced a notable price surge. This uptick has been primarily driven by robust on-chain activity and a growing sense of confidence among investors. According to insights from blockchain analytics firm Santiment, technical indicators suggest a favorable trend for LINK, indicating that the cryptocurrency
WazirX, once a major player in the Indian cryptocurrency exchange arena, has recently found itself in a precarious situation following a significant hack that drained $234 million worth of assets from its platform. As a response to this crisis, the exchange sought a four-month moratorium from the Singapore court, an attempt to stabilize its operations
Bitcoin has reached a pivotal phase in its price trajectory, with its current movements poised to significantly influence the broader cryptocurrency landscape. After rebounding from a solid support level of $52,000, Bitcoin has successfully surged past both the $56,000 and $60,000 barriers, demonstrating considerable upward momentum. However, the ascent has brought the cryptocurrency to a
In a significant move impacting its Turkish user base, Binance, the world’s leading cryptocurrency exchange, has announced the removal of Turkish language support from its platform. This change, slated to take effect on September 27, is primarily driven by increasing compliance obligations from local regulations. While Binance supports over 30 languages, including major global languages
As September 2023 drew to a close, a notable shift in Bitcoin (BTC) holdings was reported by Ki Young Ju, the founder of CryptoQuant. His analysis pointed to a resurgence of American dominance in Bitcoin acquisitions, which has been bolstered by a renewed interest in spot Exchange-Traded Funds (ETFs). This growing presence signals a strategic
Polymarket, a leading blockchain prediction platform, is reportedly exploring a significant boost in funding, aiming to secure $50 million, as noted in a recent September 23 report by The Information. This New York-based company is not just looking for financial backing but is also contemplating the introduction of its own token meant to streamline its