Ether.Fi Token Sees Price Drop Post-Debut
Ether.Fi, known for its status as the largest liquid restaking protocol, witnessed a notable 20% drop in the value of its governance token, ETHFI, following its debut. Initially priced at $4.13, the…
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Bitfinex Cautions Against Mining Centralization Post-Bitcoin Halving
Bitfinex has raised concerns regarding the potential centralization of Bitcoin mining power following the cryptocurrency’s fourth halving, expected around April 20. This event could disproportionately affect smaller miners due to the financial…
London Set to Welcome Crypto ETPs Amid Retail Investor Ban
London’s financial landscape is poised for a significant transformation as it gears up to welcome a range of crypto exchange-traded products (ETPs) onto the London Stock Exchange (LSE). Leading crypto ETF providers,…
Reddit’s MOON Token Soars Ahead of Celer Bridge Launch
The MOON token, a community-driven cryptocurrency from Reddit’s r/CryptoCurrency subreddit, has reached an all-time high of 84 cents over the weekend. This surge in value comes in anticipation of the launch of…
IMF Urges Pakistan to Tax Crypto Gains for $3B Bailout Eligibility
The International Monetary Fund (IMF) has recommended that Pakistan impose a Capital Gains Tax (CGT) on cryptocurrency investments as a prerequisite for receiving $3 billion in bailout funds. This suggestion comes as…
Taiwan Praises Binance for Assisting in Virtual Asset Fraud Cases
Taiwan’s government has recognized Binance for its unique cooperation with domestic law enforcement in tackling virtual asset fraud cases. This collaboration marks Binance as the sole offshore exchange aiding the Taiwanese government…
Bitcoin and Memecoins Lead Crypto Market Surge Ahead of FOMC Meeting
The cryptocurrency market witnessed a significant surge on Monday, with Bitcoin (BTC) climbing to approximately $68,500, spurred by the remarkable performance of memecoins. The anticipation surrounding the Federal Open Market Committee (FOMC)…
Ethereum’s Dencun Upgrade Marks a Significant Supply Milestone
On March 13, the Ethereum network underwent a pivotal upgrade known as Dencun, leading to a considerable decrease in the total supply of ether, marking its lowest level since August 2022. This…
Binance CEO Predicts Bitcoin Surge to $80K Amid Rising Institutional Interest
Binance Chief Executive Officer, Richard Teng, anticipates Bitcoin to surpass the $80,000 mark, fueled by increasing investments from institutional investors into crypto-backed exchange-traded funds (ETFs). Speaking at an event in Bangkok, Teng…
India’s Finance Minister Asserts Crypto Cannot Be Currencies, Awaits G20 Framework
Indian Finance Minister Nirmala Sitharaman reiterated the Indian government’s stance on cryptocurrencies at the India Today Conclave 2024, stating that crypto assets cannot be recognized as currencies. This declaration aligns with the…
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