Solana Will Improve Network Upgrades to Improve Stability
Solana Labs is taking steps to ensure network reliability and uptime by making improvements to its software upgrade process, co-founder Anatoly Yakovenko announced on Tuesday. The changes come in response to issues that arose from the 1.14 network update, which focused on improving speed and scale. “Delivering a fast, reliable and scalable network in order […]
Israel’s Tel Aviv Stock Exchange Applies for Crypto Trading License
Israel’s Tel Aviv Stock Exchange (TASE) has recently taken a step towards facilitating crypto trading on its platform. On Monday, February 27, the exchange published a draft seeking approval from regulators to expand the authorized activities of Non-Banking Members (NBMs) to include trading in digital assets. The license proposed by TASE would allow customers to […]
Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge
January’s crypto market euphoria quickly evaporated in February as investors sent prices of most, major digital assets down. This retreat coincided with a cascade of concerning inflation and jobs data, starting with a lukewarm Consumer Price Index (CPI) in the first half of the month and continuing with an alarming steadiness in jobless claims and […]
Ark Invest’s Cathie Wood Sticks with Crypto, Says Bitcoin and Ethereum Are ‘on the Right Track’
Cathie Wood, the CEO of asset management firm Ark Invest, has declared that she will stick with her crypto investments, praising Bitcoin (BTC) and Ethereum (ETH) as decentralized blockchains that have given her confidence in the space. Speaking with CNBC on Monday this week, Wood praised Bitcoin in particular for being the most decentralized and […]
SEC, CFTC Charge FTX’s Singh With Fraud Following Criminal Plea
In late 2021, when Bankman-Fried, the founder and CEO of FTX, a cryptocurrency derivatives exchange, realized that the platform was $50 million short of his ambitious goal of earning one billion dollars in annual revenue, he instructed his Chief Financial Officer, Singh, to transfer funds from another entity that he controlled. The purpose of this […]
Bitcoin miner Marathon expected to see revenue triple in Q4
Mining giant Marathon is expected to report its fourth quarter earnings after the U.S. close today, and analysts are predicting that the company’s revenue will be triple what it was in the third quarter. According to estimates compiled by FactSet, Marathon is expected to report $38.4 million in revenue, still down year-over-year from $60.3 million, […]
Shiba Inu’s PAW Token Listed by Major LBank Exchange Ahead of Shibarium Launch
Shiba Inu’s PAW Token has been listed by a major crypto exchange, LBank, ahead of the upcoming launch of Shibarium. The news was announced by both LBank and SHIB-themed Twitter handle “SHIBARMY CANADA” (@Dezaxe). PAW (PawSwap) is the native token of the first multi-chain decentralized trading venue that will be built on Shibarium once the […]
Twitter Analyst Shares Top 7 Upcoming Token Unlocks for March
The Twitter analyst account Technical Crypto Analyst (@TechCryptoAnlst) recently tweeted about the upcoming token unlocks in March 2023. The tweet included a graphic that showed the amount of tokens that will be unlocked, the respective date for each token unlock, as well as the approximate dollar amount of each token unlock. Hedera (HBAR) will have […]
ETH Aims Fresh Increase Above $1,700
Ethereum price is currently in a consolidation phase above the $1,580 mark against the US Dollar. The bears have tried to push the price below the $1,600 support zone, but the bulls managed to defend the $1,580 level. There is a key bearish trend line forming with resistance near $1,660 on the 4-hours chart (data […]
Bitcoin Stays Rooted Near $23.5K
Good morning. Here’s what’s happening: Bitcoin continues to remain rooted near the $23.5 threshold, while Ether and many other major cryptos trade flat. China-based developers can interact with layer 1 blockchain Coinflux, but the protocol’s relationship with the country remains complicated. Bitcoin (BTC) was recently trading at $23,481, roughly flat over the past 24 hours, […]