The recent SEC action against Uniswap has brought DeFi under scrutiny. The Wells notice suggests potential enforcement action against Uniswap for allegedly acting as an unregistered securities broker and an unregistered securities exchange. The SEC claims that certain tokens traded on Uniswap, such as those issued through ICOs, constitute investment contracts and therefore securities. This
The Russian government is set to implement a ban on cryptocurrencies as early as September 1, according to top lawmakers in the country. The Chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov, revealed that the new bill will prohibit the organization of cryptocurrency circulation, with exceptions for digital financial assets issued
In the wake of the Bitcoin halving, the cryptocurrency market has witnessed a significant surge in trading activity. This surge, however, is not solely attributed to the halving event. Instead, the recent spike in Bitcoin transactions can be linked to the introduction of a new token standard known as Runes. The implementation of the Runes
Recent on-chain data has revealed a steady decline in high-value transactions on the Bitcoin network over the past few weeks. This decline in activity has not only been reflected in the network but also in the price of Bitcoin itself. Despite multiple attempts to break above $67,000, Bitcoin has struggled and is down over 2%
The crypto market has been abuzz with bullish predictions for XRP, with experts like EGRAG forecasting a significant price surge in the near future. While the current price of XRP hovers around $0.51, EGRAG believes that the cryptocurrency could potentially reach the $4 mark over the long term. This optimistic outlook has sparked excitement among
Crypto expert Peter Brandt recently made a bold claim that the Bitcoin top for this market cycle may have already been reached. He based this conclusion on his “exponential decay” thesis, which suggests that Bitcoin’s price gains have been reducing in every subsequent bull cycle. Brandt pointed out that historical data indicates that Bitcoin may
Verasity, a pioneering ad-tech company, has made waves in the blockchain space with its latest partnership announcement. Teaming up with Creo Engine, a rapidly expanding web3 gaming platform, Verasity is set to integrate its VeraViews video player functionality and in-game rewards into Creo Play’s extensive gaming library. This strategic move is just the beginning of
In the fast-paced world of cryptocurrency, one phenomenon has taken the industry by storm – Bitcoin Ordinals. These digital artifacts have ushered in a new era of NFTs, offering a unique intersection between the virtual and physical realms. Among them, Jade ARdinals stand out as pioneers in bringing augmented reality to the forefront of blockchain
A recent bull flag formation on the Bitcoin chart has sparked optimism among crypto analysts, signaling a potential trend reversal in the making. Denis Baca, Head of Product at Zivoe Finance, believes that Bitcoin could soar to as high as $100,000 as it gears up for a significant move to the upside. The formation of
The cryptocurrency world is currently buzzing with excitement over a recent deep learning model’s projection of a significant price increase for Bitcoin (BTC) in the upcoming month. The model, developed by CryptoQuant, a prominent blockchain analytics platform, has predicted that Bitcoin could potentially break past the $77,000 mark within the next 30 days, reaching a