The story of the failed cryptocurrency exchange FTX is nearing its end, but certain remnants of the FTX organization are finding it difficult to keep going. The Cyprus Securities and Exchange Commission (SEC) has prolonged the suspension of FTX Europe’s operating license, preventing the company from providing services until September 2024. On April 16, Cyprus’ … Read more
An announcement by a top crypto miner was speculated to be powering the purchase. The development signaled a departure from Elon Musk-induced movements. A prominent investor purchased a huge amount of Dogecoin (DOGE), the most popular meme cryptocurrency in the world, generating news attention lately. What happened? On the 16th of April, a large sale … Read more
BytePlus, the business wing of ByteDance, the corporation behind TikTok’s creation, has revealed plans to enter the Web3 realm by partnering with Mysten Labs, the innovative team behind the Sui blockchain platform. On April 17, BytePlus announced its intentions to leverage its expertise in AI and data warehousing to strengthen the Sui platform, specifically benefiting … Read more
Has the future of wellness technology arrived with a new wearable device built on the Solana blockchain? This innovation enables users to take control of their health data by storing it on the blockchain, providing them with the opportunity to profit from its use. An option for paraphrasing this sentence in a natural and easy-to-read … Read more
The top five Bitcoin mining companies aren’t offloading their BTC stocks, in contrast to expectations, with the imminent Bitcoin halving bringing about a 50% decrease in new supply issuance. In Q1 2024, the top five Bitcoin mining companies saw their sales reach a two-year minimum, selling around 2,000 BTC collectively as reported on April 10th … Read more
Ethereum’s Taker Buy Sell Ratio attempts to breach the center line in an uptrend. However, bearish sentiments continue to grow. According to CryptoQuant’s data, the Taker Buy Sell Ratio of Ethereum’s ETH is about to surpass its middle point, implying an increase in buying enthusiasm among traders despite current market instability. The Taker Buy-Sell Ratio … Read more