In a legal battle against the U.S. Securities and Exchange Commission (SEC), Coinbase Inc. has garnered support from various backers who are urging the agency to reconsider its stance on crafting specific regulations for the crypto industry. Notable supporters, including Paradigm, the Crypto Council for Innovation, and other organizations, have filed amicus briefs to bolster
The development of blockchain-based Web3 gaming tools is revolutionizing the industry, with platforms like Sequence leading the way. In a recent collaboration with Google Cloud, Sequence aims to simplify the complexity of Web3 technology and provide game developers with the necessary tools to create exceptional gameplay experiences. With the launch of Sequence Builder, developers are
Bitcoin’s recent roller-coaster ride in the market has left many investors and experts scratching their heads in confusion. From reaching an all-time high of over $73,600 to plummeting to under $60,800, a significant -17% loss in value, the leading cryptocurrency has sparked intense debates and speculations across various social media platforms. According to prominent figures
Australian venture capital firm King River Capital, in collaboration with blockchain gaming firm Immutable and Polygon Labs, has recently announced the launch of a groundbreaking $100 million gaming fund. This fund, named the “Inevitable Games Fund,” is unlike anything seen before in the industry. It is described as an “ecosystem-agnostic fund” that aims to identify
Bitcoin price has once again faced a significant decline, slipping below the $65,000 support level. The current struggle is evident as BTC is now hovering around the $62,000 mark and may even test the $60,000 threshold. Despite attempts to stay afloat, the price is trading below the $63,500 mark and the 100 hourly Simple Moving
The recent surge in meme coins on the Solana blockchain has brought forth two new contenders – Kermit (KERMIT) and Dogecoin20. While Kermit has gained significant traction with a 600x surge in just 24 hours, there are indications that Dogecoin20 might offer a better investment opportunity. This analysis will delve into the current price trends
The recent regulatory filings show that the US SEC has delayed the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs). This delay impacts proposals from investment firms such as VanEck, Ark Invest, Hashdex, Grayscale, and Fidelity. The addition of a staking component to the ETH ETF application by Grayscale and Fidelity has sparked
Crypto research firm Kaiko recently mentioned an ‘Alameda Gap’ that has been significantly affecting the Bitcoin and crypto market. This gap was a result of the collapse of the defunct crypto exchange FTX and its sister company Alameda Research, a major market maker providing liquidity to the market. Following Alameda’s collapse, market makers waited on
The recent Bitcoin price crash caught many crypto investors off guard, but some analysts, like Rent Capital, were able to predict it. Rent Capital’s analysis highlighted the established trend of Bitcoin experiencing a decline before its halving. Looking back at historical data, it is evident that Bitcoin typically sees a price drop of around 20%
The UK Financial Conduct Authority (FCA) has recently announced its intention to recover the equivalent of $8 million in costs related to the supervision of stablecoins and cryptocurrencies. The funds will be collected in the form of fees imposed on stablecoin issuers and digital asset custodians. The FCA specifically aims to recover £6.2 million ($7.9