In a significant step for the cryptocurrency exchange landscape, Bithumb, South Korea’s second-largest digital trading platform, has revealed its ambitions to pursue a public listing in the United States. This announcement was made during the firm’s shareholders meeting held on September 30, 2023, as reported by Dnews. The exchange is contemplating a listing on the
In a significant move for the cryptocurrency sector, Bitwise Asset Management has officially filed for an exchange-traded fund (ETF) based on XRP, the native digital asset of the Ripple network. This filing aligns with the growing trend of institutional investment in cryptocurrency and signals a shift toward more regulated financial products in the digital currency
After six long years, Cardano (ADA) has finally marked its first positive September, achieving an approximately 8% price increase. This notable achievement is not merely a window-dressing statistic. It signifies a possible turning point for the cryptocurrency, setting in motion a series of events that could position Cardano favorably as it approaches October, often a
In a notable move reflective of the shifting regulatory landscape in Europe, cryptocurrency exchange Kraken has declared that it will cease support for Monero (XMR) throughout the European Economic Area (EEA) by the end of October. This decision, communicated on October 1, highlights how evolving regulations are influencing the operations of crypto platforms in the
As October unfolds, the landscape of Bitcoin appears tumultuous, defying the bullish expectations many investors harbored at the close of September. Initially, the cryptocurrency showed promising signs as it wrapped up September with a notable price increase, leaving investors hopeful for continued upward momentum. Yet as the calendar flipped to October, unforeseen geopolitical tensions, particularly
On October 2, 2023, Charles Hoskinson, renowned for his pivotal role as the founder of Cardano and CEO of Input Output, was honored at the ETH10X event in Zug, Switzerland. This event was organized to commemorate the 10th anniversary of the Ethereum Foundation and its significant contributions to the blockchain ecosystem. Hoskinson, alongside seven other
The cryptocurrency market experienced significant turbulence recently, with Bitcoin suffering a sharp decline of nearly $4,000 within a single day. This price drop followed an Iranian missile strike on Israel on October 1, sending shockwaves through digital asset trading. Before the incident, Bitcoin had achieved a price point just over $64,000, only to plummet to
In 2024, the return of CryptoKitties, once a groundbreaking blockchain game that introduced the world to non-fungible tokens (NFTs), marks a significant development in the landscape of digital collectibles and gaming. Originally launched in 2017, CryptoKitties allowed players to buy, breed, and trade unique digital cats on the Ethereum blockchain, becoming a cultural phenomenon that
In recent times, Cardano (ADA) has experienced a significant surge, increasing by 26% following the Federal Reserve’s announcement regarding interest rate cuts. This optimism has reverberated throughout the cryptocurrency market, creating a mixture of hope and skepticism among investors and market analysts. While the initial rally ignited excitement, a deeper exploration into Cardano’s on-chain data
In a groundbreaking move, the UK’s Financial Conduct Authority (FCA) and the Bank of England have unveiled the next phase of the Digital Securities Sandbox (DSS). This initiative allows firms to examine the integration of distributed ledger technology (DLT) and tokenized securities within the established framework of traditional financial markets. Set to operate until December