Author: Crypto News

Last updated: April 16, 2024 14:11 EDT | 2 min read United States Senators Elizabeth Warren (D-MA) and Charles E. Grassley (R-IA) have demanded that Commodity Futures Trading Commission (CFTC) Chair Rostin Benham disclose details of his interactions with disgraced FTX founder Sam Bankman-Fried prior to the exchange’s collapse, according to an April 12 letter addressed to Benham.U.S. Senators Request Chats Between Rostin Benham and Sam Bankman-FriedIn Grassley and Warren’s letter, the senators requested Benham provide a “full accounting of all meetings, phone calls, and written correspondence between you and/or your staff and Mr. Bankman-Fried and/or his staff” as well…

Last updated: April 16, 2024 13:23 EDT | 1 min read The Bored Ape NFT prices plummeted 90%, from an all-time peak of 120 ETH to 10 ETH currently. During the 2021 cryptocurrency bull run, Bored Apes Yacht Club (BAYC) NFTs became one of the most demanded collections but ultimately succumbed to a decline in demand that impacted the whole NFT market.Despite initial hype and celebrity endorsements, BAYC NFTs and other Ethereum-based NFT collections‘ value declined due to waning retail interest and new collections on Bitcoin and Solana.Each BAYC NFT was worth $400,000 in Ether in May 2022 when Ether was…

Last updated: April 16, 2024 13:06 EDT | 2 min read In the latest Solana meme coin pump, new coin Peshi Cat (PESHI) has exploded in a 120x skyrocket.This article will provide an analysis of PESHI’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse, represents a more promising investment opportunity at this time. $PESHI SAID: SEND IT! pic.twitter.com/e549Ut1ekx — $PESHI (@peshi_sol) April 15, 2024PESHI price moves appear to be a straight-up no-utility meme coin play, with upside gains fuelled by pure viral traction across the crypto community on platforms such as X.PESHI Price Analysis: As…

Last updated: April 16, 2024 12:08 EDT | 2 min read As Ethereum’s price surges past $3,000 and BNB shows robust growth indicators, investors are closely watching these developments. Meanwhile, BlockDAG captures attention with its imminent presale, priced attractively at $0.006 in its upcoming Batch 10. This marks a significant milestone following a 500% growth since its inception. These insights offer a glimpse into why BlockDAG stands out as one of the best cryptocurrencies to buy in 2024, promising a blend of innovation and 30000x ROI potential for savvy investors. Ethereum’s Market Position and Recovery EffortsEthereum, a longstanding leader in the…

Gibraltar, GI, April 16th, 2024 – Aurora Labs announces the launch of the Forwarder, a new platform that connects centralized exchanges (CEXs) such as Binance, Coinbase, Bitfinex, KuCoin and more,  to the Aurora Mainnet and other virtual blockchains. This development tackles the key issue of network fragmentation, which has historically limited the movement of assets across the blockchain ecosystem.Centralized exchanges (CEXs) play a pivotal role in the cryptocurrency ecosystem due to their user-friendly interfaces and strong security. However, as the crypto market expands, CEXs are finding it increasingly difficult to strike a balance between maintaining secure, regulated environments and providing…

Last updated: April 16, 2024 08:08 EDT | 3 min read The Shiba Inu price has dived by 8% today, with its price dropping to $0.0000216 as the broader crypto market lost 4.5% in the past 24 hours.SHIB has now fallen by 24% in a week and by 16% in the last 30 days, with the meme token holding onto an 85% gain in a year.Its declines come at a time when the meme token segment of the market has seen its first major decline in cap since March, with the likes of SHIB and Dogecoin bearing the brunt of…

Last updated: April 16, 2024 07:23 EDT | 3 min read Bitcoin Depot, the largest Bitcoin ATM operator in the United States, has reported robust revenues despite the highly volatile nature of cryptocurrency prices.In its recently filed 10-K annual report on April 15, the company revealed that its revenues in 2023 and 2022 amounted to $689 million and $647 million, respectively, showing no significant correlation with Bitcoin’s price fluctuations.Bitcoin Depot Reports Resilient Revenue Amid Bitcoin Price VolatilityDespite cryptocurrency prices’ rollercoaster ride, Bitcoin Depot has weathered the storm with no significant impact on its revenues. Even during extreme volatility in Bitcoin…

Last updated: April 16, 2024 06:37 EDT | 2 min read Tether has partnered with digital assets infrastructure provider Fuze to enhance education and awareness surrounding digital assets in Turkey and the Middle East.According to an official press release, the duo have signed a Memorandum of Understanding (MoU), which is a cooperative agreement between two parties that can include general terms and goals but is not legally binding.Per the announcement, the two companies aim to address various aspects of education within the digital asset realm, including cross-border payment solutions, compliance, regulatory framework development, and education for local financial institutions.Tether’s Initiative to…

Last updated: April 16, 2024 06:22 EDT | 3 min read DOGE has fallen by 6% in the past 24 hours, with the Dogecoin price dropping to $0.1559 as the cryptocurrency market as a whole suffers a 5% loss today.This move puts DOGE down by 21% in a week, although the popular meme coin holds onto a 10% gain in the last 30 days and a 72% increase in a year.Its dip today also follows a brief surge yesterday, when Elon Musk posted the latest in a long line of pro-Dogecoin tweets, boosting the coin’s volume.And while the wider market…

The Mollars ICO is nearing its final days. The initial coin offering will end in just under 30 days [1 month].  Most impressive in this last stage, the token presale has been highly successful with a majority 61% share of the ICO token supply now sold out.The total amount of funds raised in the Mollars presale is over $1,000,000.  Few ICOs reach well beyond  the million dollars milestone without inflating numbers; this initial coin offering total however is 100% organic.  Developer(s) of this new store of value token for Ethereum blockchain shared the  wallet addresses (ETH,USDT) for  this presale in its…