News - Page 21

The impressive rally for Ethereum Layer-1 competitor Solana (SOL) continues as the altcoin registers another 12% gain on the daily chart. At press time, SOL is trading 11.97% up at $36.34 and has a market cap of $15.2 billion.

Altcoin Cardano has been experiencing a positive trend in the crypto market, rallying alongside other cryptocurrencies. In the last 24 hours, the ADA price has increased by 2.47%, reaching $0.300, with a market cap of $10.5 billion.

Coinbase, a prominent player in the cryptocurrency space, has published a report highlighting the increasing momentum of tokenization in the current high-yield environment. This trend, which involves representing ownership of financial assets on a blockchain, has reached its multi-year highs.

Fetch.AI (FET), an altcoin from the artificial intelligence (AI) sector, has been making waves in the crypto markets with its impressive performance over the past week. With new updates on the horizon, Fetch.AI is poised to revolutionize the way we live and work.

Sam Bankman-Fried, the embattled founder of FTX, recently took the stand for a third day, providing valuable insights into his management style and the tumultuous relationships that marked the last days of the cryptocurrency exchange.

The crypto founder's lawyers were not in favor of him speaking publicly, but he went on a media blitz after FTX's collapse. He wanted to share his side of the story with anyone who would listen, including journalists, Twitter personalities, and frustrated crypto day traders.

Ethereum has emerged as a powerful blockchain platform with the potential to become foundational infrastructure for the next stage of the internet. However, there are three key risks that need to be addressed in order to ensure its success.

Cardano (ADA) has once again displayed impressive growth trends in its third quarter (Q3) according to a recent report from crypto analytics firm, Messari.

According to RWA.xyz, the tokenized Treasury market has experienced significant growth, reaching $698 million from $100 million at the beginning of the year. This expansion can be attributed to the entry of new players into the market and the growth of existing platforms. Charlie You, co-founder of RWA.xyz, highlighted this development in the Our Network newsletter.

A widely followed crypto analyst believes that Bitcoin (BTC) has officially entered bull market territory and is now primed for a rally toward $50,000.

The amended law has introduced several key changes that enhance the benefits of the original law. One significant change is the provision for a faster registration time, reducing it from a range of 30-60 days to a maximum of 30 days. This streamlined process will expedite the registration of entities and promote efficiency.

A widely followed crypto analyst has provided insights into what a 'worst-case scenario' could look like for Bitcoin (BTC) leading up to the anticipated April 2024 halving event.

The first Bitcoin exchange-traded fund (ETF) has registered its highest weekly trading volume since its inception. The BTC futures ETF released by ProShares, known as BITO, recorded $1.7 billion in trading volume, while the Grayscale Bitcoin Trust (GBTC) saw $800 million. This data suggests a strong appetite for Bitcoin ETFs.

In the aftermath of FTX, there were concerns about the future of centralized exchanges (CEXs) and the rise of decentralized exchanges (DEXs). However, data shows that CEXs are still thriving and offer unique advantages for traders and investors.

Terraform has filed a motion for summary judgment in response to the Securities and Exchange Commission's (SEC) investigation. The motion argues that after two years of investigation, the SEC has failed to provide sufficient evidence to prove that the defendants did anything wrong. Terraform highlights that during the discovery period, more than 20 depositions were taken and over two million pages of documents and data were exchanged. Despite this extensive process, the SEC has not made any progress in demonstrating its case. Terraform has requested Judge Jed Rakoff of the U.S. District Court for the Southern District of New York to dismiss the SEC's case and avoid proceeding to trial.

CoinShares recently reported significant inflows, although they noted that these inflows were only the 21st largest weekly gain over the past three years. This suggests that investors may still be exercising caution when it comes to deploying capital.