AXS, BCH, and RUNE Pump Exponentially in the Market Volatility
Axie Infinity’s native coin AXS surges 12% in 24H.BCH saw a surge of 13% over 7 days. While a liquidation crisis on collapsed FTX exchange spread over the crypto market,…
Bitcoin Surges Above $26,500: Can Bulls Propel Prices Further?
If the price manages to go past the $28k resistance level, then it will likely test $31,480.Crypto Michael, an analyst, recently predicted an upcoming price surge for Bitcoin.Bitcoin and other…
Singapore Bans 3AC Founders From Financial Management for 9 Years.
Singaporean financial authority MAS issued the ban, effective immediately. Following the collapse of Three Arrows Capital, co-founders Zhu Su and Kyle Davies dropped off the map. Since then, they’ve occasionally…
Russia Prepares to Legalize Decentralized Financial Organizations.
Is Russia Paving the Way to DeFi DAOs Friendliness in Evolving Legal Systems?Russia is working on ways to legalize and regulate decentralized financial organizations, popularly known as DAOs, to bring…
Solana (SOL) Shows Signs of Recovery Amid FTX Liquidation Chaos.
Solana trading volume saw a 44% spike in the past 24H.FTX approved to sell $3.4B crypto assets in bankruptcy proceedings.One of the major topics of discussion in the crypto world…
Hong Kong Monetary Authority Forges Key Partnerships for CBDC Pilot.
Since all trades are settled on the balance sheet of the central bank, credit risk is eliminated. The novel arrangement will encourage creativity, rivalry, and improved service delivery.In an effort…
Crypto Market Reacts Positively on U.S Inflation Rising by 3.7%.
Bitcoin price managed to rise all the way till $26,300.The CPI data will impact the Fed’s decision to raise interest rates in the future.U.S. inflation reached 3.7% annually in August,…
HSBC Reportedly Collaborates With Crypto Custody Firm Fireblocks
Fireblocks has been BNY Mellon and BNP Paribas’ preferred custody technology vendor. Regulatory ambiguity around cryptos has reduced major banks’ excitement for the sector. Two sources acquainted with the situation…
SEC Chair Gary Gensler Still on Crypto Warpath, Harnessing AI for Surveillance.
Security and Exchange Commission chair Gary Gensler is still on the crypto warpath, reiterating his stance in a recent statement to the Banking Committee.Things have settled down a little since…
Court Denies Sam Bankman-Fried Requests for Pretrial Jail Release.
Judge Kaplan said that neither Sam Bankman-Fried or any other defendant has a right to inspect every single piece of discovery in a case.The US Judge in charge of Sam…