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PYUSD Achieves $1 Billion Milestone with Dominance on Solana
August 27, 2024
PayPal's stablecoin, PYUSD, has marked a significant milestone by surpassing $1 billion in market capitalization as reported by CoinGecko data. On a social media post, PYUSD's issuance by Paxos was …
Read moreAbra Settles with SEC Over Unregistered Securities Sales
August 27, 2024
The US Securities and Exchange Commission (SEC) has filed settled charges against crypto lending firm Abra for failing to register its crypto asset lending product, Abra Earn.Additionally, the regulator also …
Read moreVitalik Faces Backlash For Downplaying DeFi's Role In Ethereum's Growth
August 26, 2024
Ethereum co-founder Vitalik Buterin has come under fire from the crypto community for his recent comments on decentralized finance (DeFi). In an August 25 post on X, Buterin expressed skepticism …
Read moreBitcoin ETFs Experience Significant Inflows as Fed Hints at Rate Cuts
August 26, 2024
In a monumental shift for the crypto market, Bitcoin exchange-traded funds (ETFs) saw a substantial influx of capital last week, marking the highest weekly inflows in over a month. According …
Read moreTelegram Founder Pavel Durov Arrested in France, TON Price Drops
August 25, 2024
Pavel Durov, the 39-year-old founder and CEO of the encrypted messaging app Telegram, was arrested around 8 PM on Saturday at Le Bourget airport in France. Durov, a French-Russian national, …
Read moreBitcoin Price Climbs Above $64,000 With Key Resistance Levels In Sight
August 24, 2024
The Bitcoin price performance has seen an uninspiring trend for much of the past week, mirroring the broader cryptocurrency market climate. However, Bitcoin ended the week on a high note …
Read moreFed Chair Jerome Powell Hints at Imminent Policy Adjustment
August 24, 2024
In a significant update for the financial and cryptocurrency markets, Federal Reserve Chair Jerome Powell has indicated that the long-anticipated interest rate cut may soon be realized. Speaking on Friday, …
Read moreAVAX Leads Crypto Market with Major Surge Amid Various Developments
August 24, 2024
The cryptocurrency market remains in a state of fluctuation ahead of Federal Reserve Chairman Jerome Powell's speech, but certain assets are showing impressive gains. Notably, AVAX has surged by 15% …
Read moreBitcoin Steady As Market Awaits Fed Chair Powell's Remarks At Jackson Hole
August 23, 2024
Investors and analysts are keeping a close eye on Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole symposium, set to take place later today. The event is …
Read moreAustralian Court Sides with Regulator in Case Against Kraken's Domestic Operator
August 23, 2024
In a significant development for the cryptocurrency industry in Australia, the Federal Court has ruled in favor of the Australian Securities and Investments Commission (ASIC) in a case against Bit …
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