Why Has Avalanche’s (AVAX) Price Tanked to a Six-Month Low?
The Avalanche native token AVAX has taken a massive hit, tanking double figures to a new low for this year as analysts scramble to figure out why. The AVAX native…
FCA Cracks Down on Suspects in $1.2B Illegal Crypto Asset Business.
The pair, aged 38 and 44, were arrested, questioned, and later released on bail by the FCA, as investigations continue. Two individuals were detained and questioned by the UK Metropolitan…
How Much Stablecoin Transfer Volume Has Increased Over the Past 4 Years.
Average monthly stablecoin volumes have surged from $100 billion four years ago to over $1 trillion recently, indicating rapid growth. According to Token Terminal data, the monthly stablecoin transfer volume…
Analysts Say Political Meme Coins to Remain Volatile as US Presidential Debate Looms.
Discussions concerning general capital gains taxes and crypto taxation policies could impact the market and PolitiFi memecoins.On-chain experts have warned that political-themed meme coins will remain volatile for the next…
Ripple CLO Clears the Air about XRP’s Legal Status in California
Stuart Alderoty, Chief Legal Officer at Ripple, has recently explained the legal situation of XRP in California, addressing concerns that came up after a recent court decision. As recently reported…
3iQ Files Prospectus for North America’s First Solana ETF.
Canadian asset manager 3iQ, a pioneer in crypto ETFs on the TSX, has filed to list North America’s first Solana ETP, pending approval.Canadian asset manager 3iQ announced that it has…
Fidelity Will Seed Its Ethereum ETF With $4.7 Million, Filing Shows.
Fidelity and BlackRock have revealed their seed capital for their Ethereum ETFs, though their fees still remain a secret.The world’s fourth-largest asset manager has promised to seed its upcoming Ethereum…
Tether on TRON Network Surpasses Visa’s Average Daily Volume Hitting $53 Billion.
TRON-based USDT surpassed Visa’s daily average of $42 billion in Q1, 2024.The 24-hour trading volume of Tether (USDT) reached $53 billion on the TRON network, surpassing payment giant Visa’s average…
Ethereum Investors Accumulate Steadily as Bitcoin Holders Cash Out.
Long-term Ethereum holders may be waiting for spot ETH ETF to go live and new ATHs before selling, in contrast to Bitcoin holders.Historically, Bitcoin has played a crucial role in…
MicroStrategy Buys Additional 11,931 Bitcoins
MicroStrategy, a U.S.-based business intelligence firm, added more stash to its Bitcoin holdings with the purchase of 11,931 BTC with a payment of $786.0 million, or an average price of…