Tag: Technology
Challenging Sanctions on Crypto Mixing Services: Legal Battle Against Administrative Overreach
Cryptocurrency transactions may seem anonymous, but they are actually quite public due to the transparency of blockchains. This transparency can be beneficial for law enforcement in tracking illicit activities, but it also poses a...
Bright Future for Prediction Markets Overshadowed by Mudslinging
Kalshi, a U.S.-regulated prediction market, has found itself in the middle of a controversy after a report revealed that the company paid influencers to spread negative information about its competitor, Polymarket, and its CEO...
Bitcoin Buying Plans Boosting Stocks: Michael Saylor Redux or Long Island Iced Tea Fad?
Bitcoin's recent surge in value has sparked a trend among publicly traded companies to diversify their treasury reserves by investing in the cryptocurrency. This strategy, popularized by MicroStrategy CEO Michael Saylor, has led to...
Bitcoin Funding Rates Soaring: Signs of a Bullish and Leveraged Market
Bitcoin funding rates are on the rise, indicating a bullish and leveraged market. This surge in funding rates suggests that traders are increasingly interested in longing Bitcoin, which could potentially drive the price higher...
WisdomTree Considers XRP ETF as Market Optimism Rises
Asset manager WisdomTree is considering launching an XRP ETF, joining the trend of crypto-focused ETFs reshaping investment opportunities. The filing for a trust entity in Delaware is a preliminary step toward this goal. If...
Jito Token Holders Set to Profit from TipRouter Proposal
Investors who hold Jito's JTO token might soon benefit from receiving additional payouts in addition to their current holdings as part of a new redesign of the Solana protocol's economic structure. Jito Labs has...
Altcoin Rotation Begins as Gensler’s Exit Date Approaches
Bitcoin is getting closer to reaching $100,000, but its progress has slowed down. It hit a new high of $99,500 on Thursday before dropping below $99,000 as the U.S. market opened. Bitcoin has increased...
Binance Hits 240 Million Users with Double Institutional Onboarding
Binance, the world's largest cryptocurrency exchange, has announced that its user base has grown to over 240 million globally. This remarkable achievement comes as institutional onboarding has doubled in the past year, contributing to...
Ethereum Inflation Surges Near Pre-Merge Levels: Less Than 100k ETH Away
Ethereum's inflation rate has surged to near pre-Merge levels, with less than 100,000 ETH needed to match the supply seen at the Ethereum Merge in September 2022. Since the Dencun upgrade in March, over...
Drafting of UK Regulatory Framework for Crypto and Stablecoins Expected in Early 2023
The United Kingdom is set to establish a regulatory framework for the crypto industry by early 2023, as announced by Economic Secretary Tulip Siddiq during a conference in London. This move aims to bring...
