The U.S. Securities and Exchange Commission (SEC) has officially axed the controversial Staff Accounting Bulletin 121 (SAB 121), removing it via a new policy, SAB 122. This development means that mainstream financial institutions in the United States can now hold crypto. Updated Framework According to the new bulletin, financial entities must now disclose the risks […]
Hedera (HBAR) has emerged as a standout performer in the current market cycle, demonstrating resilience and strength even amid uncertainty and volatility. After reaching a multi-year high last Friday, HBAR experienced a sharp correction, dropping over 22%. Despite this pullback, the price action suggests that Hedera is gearing up for its next major move, keeping […]
Uniswap is making a determined effort to bounce back, with bulls stepping up to defend the crucial $12.3 support level. This price point has become a pivotal battleground since it could pave the way for a potential recovery or signal further bearish momentum. The recent price action highlights growing buyer interest at this level, suggesting […]
US President Donald Trump has issued an executive order establishing the Presidential working group on digital asset markets. The move signals progress on some key commitments, such as halting federal efforts toward CBDCs and granting high-profile pardons. However, certain elements, like the promised creation of a “strategic national Bitcoin stockpile,” remain notably absent or vague, […]
TL;DR John Deaton sees three possible outcomes for the Ripple case after Gensler’s resignation: continuing the appeal, settling with a $125M fine, or a full dismissal – though the last one is unlikely. Trump’s positive crypto stance and recent policy moves could improve Ripple’s chances, with Deaton believing a decisive victory for the company is […]
Changpeng Zhao, or "CZ," has rebranded Binance Labs into a family office named YZi Labs (pronounced "easy labs"). The announcement emphasizes the venture firm's strategic pivot to include investments in artificial intelligence and biotechnology. YZi Labs aims to grow its team and manage substantial investments ranging from $500,000 to $50 million. Binance Labs was the […]
Excitement was palpable, and Bitcoin's value climbed above $106,000, on news of a pending call between U.S. President Donald Trump and El Salvador's President Nayib Bukele and hopes of talk of a Bitcoin strategic reserve for the U.S. Under Bukele's leadership, El Salvador became the first nation to adopt Bitcoin as legal tender, significantly impacting […]
[PRESS RELEASE – Majuro, Marshall Islands, January 23rd, 2025] Artyfact, a video game inspired by a cyberpunk aesthetic, is scheduled for release on the Epic Games Store on January 24, 2025. Developed using Unreal Engine 5, the game combines traditional gaming elements with GameFi functionalities, offering high-quality visuals and diverse gameplay modes such as battle […]
On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has plummeted recently. Here’s what this could mean for BTC’s price. Bitcoin NVT Golden Cross Has Plunged Into Bottom Zone Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC NVT Golden Cross has declined to the lowest level in […]
[PRESS RELEASE – Victoria, Seychelles, January 24th, 2025] On January 23, 2025, BYDFi, a global crypto exchange, announced the launch of the VINE/USDT spot trading pair. Within the first 24 hours of trading, the VINE token recorded significant activity, reaching a temporary market capitalization of $400 million before stabilizing. While it has since experienced a […]