In Brief The blockchain industry faces regulatory challenges, not a death sentence, aiming for a balance between innovation and compliance. Joshua Kershner emphasizes the importance of a compliance-first approach in crypto, advocating for engagement with legal counsel. The Biden administration’s proposed tax on crypto miners sparks concerns about stifling innovation and driving the industry out…
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Memecoin project Book of Meme (BOME) has emerged as the latest shining star in the crypto market over the last few days. Following its official launch this week, BOME has attracted much investor interest, acquiring a market cap of $1 billion within 48 hours of trading. BOME’s sudden emergence can be regarded as a silver…
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Solana is up 7% over the past 24 hours as Bitcoin takes a breather, down 7% from its all-time high. Bitcoin had the most volatile weekend in a year as Bitcoin slipped as low as $64,550 after reaching a new all-time high of $72.760 on Thursday, March 14. As of press time, Bitcoin has recovered…
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In Brief After Arbitrum’s recent token unlocking event, approximately 8.95 million ARB tokens, valued at $16.4 million, were transferred to Binance. This move, often interpreted as bearish in the crypto market, coincided with a broader downturn, causing ARB’s price to drop to $1.62. Despite the price decline, Arbitrum remains a dominant force in the Ethereum…
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In Brief Since the beginnig of th eyear, Bitcoin and Ethereum have emerged as some of the best-performing digital assets. However, Shiba Inu’s SHIB token has outperformed both Bitcoin and Ethereum in the ongoing crypto market rally. Notably, this surge occurs amid Shibarium witnessing a record number of transactions exceeding 412 million. Shiba Inu has…
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JPMorgan analysts believe MicroStrategy’s debt-funding approach to Bitcoin purchases could worsen a market downturn. MicroStrategy could raise as much as $600 million from its latest convertible debt offering to purchase more Bitcoin. However, JPMorgan analysts have reportedly cautioned that the firm’s reliance on debt to purchase Bitcoin could exacerbate a market downturn. The firm, led by BTC advocate Michael Saylor, has acquired over…
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In Brief Solana’s new BOME token surges 20x in 3 hours after Darkfarms’ presale to reach a market capitalization of over $80 million. The pre-sale exceeded expectations, drawing in 10,131 SOL instead of the expected 500 to 600, mostly from Sino-British traders. The Book of Meme features a meme creation tool and a comprehensive meme…
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In Brief FTX founder Sam Bankman-Fried faces a potential 50-year sentence for orchestrating a major financial fraud. Convicted for defrauding investors and causing the collapse of FTX, his actions are described as driven by greed. The case highlights the need for stricter regulation in the crypto industry and serves as a cautionary tale. Convicted in…
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Mow’s bullish stance on Bitcoin’s future comes at a time when the crypto market is witnessing an unprecedented level of interest from institutional investors. Jan3 CEO Samson Mow said Bitcoin is on track to hit $1 million per coin this year or the next based on market conditions, the upcoming halving, and broader economic factors. Mow made the statement…
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TRON and Amazon Web Services join forces to democratize blockchain development with easy Full Node deployment. Geneva, Switzerland, March 18, 2024 – TRON DAO is glad to announce the integration with Amazon Web Services (AWS). This integration introduces the TRON Full Node on AWS, enabling users and developers to launch a TRON Full Node with unparalleled ease and efficiency. Seamless…
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