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On April 23, the US Securities and Exchange Commission (SEC) postponed its decisions on the Grayscale and BlackRock applications for spot Ethereum (ETH) exchange-traded funds (ETFs). The SEC issued notices of the delay in the Grayscale decision and the amending of the BlackRock application just hours after postponing its decision on Franklin Templeton’s proposed spot […]

The BNB Foundation has just completed its 27th quarterly burn of BNB tokens on the BNB Chain. An automatic burning mechanism permanently destroyed a staggering 1,944,452.51 BNB tokens, valued at approximately $1.17 billion at the time of the burn. BNB is the native cryptocurrency powering the entire BNB Chain ecosystem. It serves as the official […]

Bitcoin and Ethereum exchange-traded funds (ETFs) are on the horizon in Hong Kong, set to debut by the end of April, as Hong Kong intensifies its focus on cryptocurrencies. In an interview with Bloomberg, a spokesperson for HashKey, an Asian crypto group, said that the firm’s Bosera-HashKey Capital spot products are set to begin trading […]

Singapore-based crypto exchange Crypto.com has postponed its market entry into South Korea due to regulatory concerns. South Korea’s Financial Intelligence Unit (FIU), overseen by the Financial Services Commission (FSC), found Anti-Money Laundering (AML)-related problems in the data submitted by the exchange and launched an “emergency on-site inspection” to monitor the crypto.com’s activities.  An official representing […]

Cardano’s (ADA) recent price movement has pushed it below the lower boundary of an upward-trending channel over the medium to long term. This suggests its upward climb may slow down, or a period of sideways price action could begin. Key support levels are around $0.46, while resistance levels are around $0.66. The negative volume balance […]

International payments giant PayPal plans to reward Bitcoin (BTC) mining companies that make their operations more eco-friendly. According to an April 22 blog post, in collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Group has proposed using “cryptoeconomic incentives” to encourage BTC miners to use low-carbon energy sources.  PayPal believes these experimental […]

In the aftermath of FTX’s downfall, investors have reached an unexpected agreement with Sam Bankman-Fried. Plaintiffs in civil lawsuits against the disgraced crypto founder have agreed to drop their claims in exchange for his cooperation in pursuing claims against prominent figures such as Tom Brady, Shaquille O’Neal, and Gisele Bündchen, who endorsed FTX to potential […]

Fetch.ai (FET) has shown great resilience in the market, bouncing back strongly, suggesting potential for an upward movement. Recently, during a bullish period, the token hit an all-time high of $3.46. But this ecstatic surge was followed by a correction that saw FET dip to $1.63 and manage to hold, rebound, and surge. At press […]

Litecoin (LTC) has decreased its value lately, from around $112 to $71. However, LTC still has significant potential for major long-term growth. More and more investors are getting interested in Litecoin, seeing its appeal that they may have missed before. LTC’s recent bounce back from a key trendline shows it is resilient and promises to […]