Grayscale Court Win Boosts Crypto Market, Bitcoin Price Hits $28K

The recent court win of Grayscale against the United States Securities and Exchange Commission (SEC) has had a positive effect on the entire cryptocurrency market. Bitcoin, in particular, saw its price reach $28,000 for the first time since mid-August. According to the crypto analytics platform Santiment, its trading volume has also surged to a two-week-high […]

Terra Luna Classic Developer L1TF Prepares for Mainnet Launch of v2.2.0 Upgrade

The Terra Luna Classic (LUNC) developer L1 Terra Classic Task Force (L1TF) has completed the preparation for the mainnet launch of the v2.2.0 core upgrade. The upgrade is expected to be launched in September and will bring a total improvement in the Terra Classic infrastructure. It will also update the Cosmos SDK to SDK 46 […]

Cryptocurrency Whale Suffers $5.1 Million Loss in Poorly Timed Long Positions

A cryptocurrency whale has recently reported massive losses due to poor timing of long positions on perpetual contracts. According to Lookonchain, the whale was liquidated when Ethereum dropped from over $1.86k to below $1.7k, resulting in a loss of $3.8 million. Another long position was tracked 13 days ago, when Ethereum was seemingly increasing in […]

Crypto Analyst Predicts Huge Year for Digital Assets in US ETFs

Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, believes that the upcoming year could be a big one for digital assets. He recently posted on the social media platform X that the US currently accounts for 80% of total Bitcoin (BTC) fund assets, despite the U.S. Securities and Exchange Commission’s (SEC) stance on crypto. […]

Robinhood Holds Fifth-Largest Ethereum Wallet Worth $2.54 Billion

Robinhood, a popular stock trading platform, has been revealed to be the owner of the fifth-largest Ethereum (ETH) wallet, containing approximately $2.54 billion worth of ETH. This wallet also holds various other cryptocurrencies, such as 122,076 Bitcoin (BTC) ($3.3 billion), 34.1 trillion Shiba Inu (SHIB) ($277.8 million), 4.9 million Chainlink (LINK) ($29.7 million) and 2.6 […]

Wall Street Memes: Crypto Analysts Predict 100x Gains Ahead of Exchange Listing, Staking Mechanism Offers Up to 80% APY

Wall Street Memes (WSM) is a top contender in the crypto world, with its successful presale and strong community engagement. Crypto analysts have dubbed it a potential “Shiba Inu coin killer” and YouTubers have predicted 100x gains. An anonymous crypto whale invested $1 million in the presale, and the project is now less than a […]

XRP Price Rally Continues After SEC Loss in Court of Appeals

The fifth-largest digital asset, XRP, has seen a surge in its daily average traded volume to about $1.572 billion, recording a spike of over 114 percent. This comes after the U.S. Court of Appeals for the D.C. Circuit issued a ruling in favor of Grayscale Investments and against the SEC. Following the ruling, XRP price […]