First US Public Company Embraces Shiba Inu For Payments

Kronos Advanced Technologies Inc. (OTC: KNOS), a leader in air purification technology, has announced its adoption of Shiba Inu (SHIB) as a viable payment method for its products. This strategic decision marks Kronos as the first publicly traded company in the United States to embrace SHIB, a cryptocurrency that has garnered significant attention and adoption

First Solana ETP in North America On The Horizon: Details

On Thursday, 3iQ Digital Asset Management announced the filing of a preliminary prospectus for The Solana Fund (QSOL) with securities regulatory authorities across Canada, excluding Quebec. If approved, QSOL will become the first Solana (SOL) exchange-traded product (ETP) listed in North America, trading on the Toronto Stock Exchange (TSX) under the ticker “QSOL”. First Solana

Crypto Market Enters Undervalued Region: Here Are The Altcoins To Watch

The crypto market has entered an undervalued region with market intelligence platform, Santiment, revealing three major altcoins to watch out for. Santiment’s analysis has indicated the potential for these three altcoins to outperform Bitcoin (BTC), Ethereum (ETH) and XRP in this market cycle.  Cardano, Shiba Inu, and Dogecoin Are The Altcoins To Watch In an

Sweeping Raid: UK Authorities Nab Suspects In £1 Billion Crypto Scandal

In a significant development within the UK’s cryptocurrency landscape, authorities have recently apprehended two individuals linked to an alleged illicit digital currency exchange operation, reportedly involving over £1 billion. This move underscores an ongoing effort by regulatory bodies to clamp down on unregulated financial activities within the crypto sector. Related Reading: UK Crypto Advice Firm Shut

Ripple Case May End Without SEC Appeal, Ex-Official Suggests

The Securities and Exchange Commission (SEC) may opt not to appeal the summary judgment ruling from Judge Analisa Torres partially favoring Ripple Labs, signaling a strategic shift to avoid establishing a potentially unfavorable precedent in higher courts. This possibility has come to light as the crypto community awaits the court’s remedies phase ruling expected by

‘More Bullish Than Ever’: Circle CEO Explains Why He’s Optimistic About Crypto

Circle’s co-founder and Chief Executive Officer said he is exceptionally optimistic about crypto’s future. In an X post, the CEO noted why he’s “more bullish than ever before” on the industry. Related Reading: Bitcoin Receives Renewed Support From Argentine President Milei Why Is Circle CEO Bullish On Crypto? On Wednesday, Jeremy Allaire shared the reasons

Bitcoin ETF Invasion: VanEck’s Australian Launch Sparks Crypto Craze

Bitcoin’s growing adoption among institutional and retail investors has now extended to Australia, with the debut of the VanEck Bitcoin ETF on the country’s main stock exchange.  Asia-Pacific Poised For Crypto ETF Boom?  Following similar products approved in the United States and Hong Kong earlier this year, the VanEck Bitcoin ETF commenced trading on the

Are Ethereum DeFi Titans Like Uniswap, Maker, And Lido Are Grossly Undervalued?

Ethereum is the home of decentralized finance (DeFi), looking at the over $100 billion in total value locked (TVL). Even though the figure fluctuates, mainly depending on the performance of ETH, it is clear that DeFi has proven revolutionary, opening up new use cases spanning multiple sectors, including finance and insurance. Are Ethereum DeFi Protocols

VanEck Executive Praises Argentina and El Salvador’s Commitment To Bitcoin And Crypto Freedom

Gabor Gurbacs, an executive at VanEck and the founder of PointsVille in a recent acknowledgment of the expanding significance of cryptocurrencies in the financial landscape has commended Argentina and El Salvador for their innovative efforts in promoting Bitcoin and establishing a free crypto economy. Gurbacs emphasized how these countries’ leaders, Javier Milei and Nayib Bukele,

Pantera Capital Researchers Say Solana Will Steal Market Share From Ethereum, Here’s Why

Analysts at crypto-focused asset manager Pantera Capital have made a bullish case for the Solana ecosystem compared to Ethereum. They highlighted the network’s growth and outlined why Solana is bound to steal a massive chunk of the market from Ethereum.  Why Solana Will Steal Market Share From Ethereum In their most recent blockchain letter, Pantera

BREAKING: CFTC Launches Crypto Investigation Into Jump Trading

The Commodity Futures Trading Commission (CFTC) has launched an investigation into the Chicago-based trading firm Jump’s participation in the crypto market, focusing on its trading and investment activities, according to an undisclosed source familiar with the matter, as reported by Fortune Magazine. Hacks And Collapses Haunt Jump Trading The investigation comes after a tumultuous period

Bitcoin Miners Feeling The Squeeze: Reserves Dry Up To 14-Year Lows

Bitcoin miners, the backbone of the world’s largest cryptocurrency, are experiencing a dramatic shift in their behavior. Data from IntoTheBlock reveals a surprising trend: miner reserves have sunk to their lowest level in 14 years, raising concerns about the future of Bitcoin mining. However, a closer look suggests this might be a case of shrewd

Shiba Inu Scores Another Major Adoption With Latest Crypto.Com Announcement

Shiba Inu’s adoption rate is growing at an alarming rate as it scores another major adoption with the popular digital asset exchange’s latest announcement. The crypto exchange has included Shiba Inu for its Visa card payments, alongside several other popular meme coins. Crypto.Com Expands Support For Shiba Inu has unveiled the incorporation of

Cardano Founder Gives Crucial Update On The Chang Fork

In a significant development in the Cardano blockchain ecosystem, the voting process for the Interim Constitutional Committee (ICC) began on June 13, marking a pivotal step towards the governance model restructuring under the upcoming Chang hard fork. The voting, which allows ADA holders to select three new members for the ICC, is conducted through the

Shiba Inu Team Member Declares Shiboshis “The Real Dark Horse Of NFTs,” Here’s Why

In a bold statement underscoring Shiba Inu’s strategic entry into the evolving landscape of non-fungible tokens (NFTs), the project’s team member and marketing lead Lucie has proclaimed Shiboshis as the real dark horse of NFTs. This statement presents Shiboshis, Shiba Inu’s own NFT collection, as a unique competitor in the fiercely competitive and quickly growing

Facebook Hit With Lawsuit: Judge Says They Can’t Hide Behind Crypto Scams

Australian mining magnate Andrew Forrest scored a legal victory against Meta Platforms this week after a US judge rejected the company’s attempt to dismiss his lawsuit. Forrest alleges Meta (which owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services) facilitated a massive crypto scam campaign that used his image and deepfakes

Bitcoin Receives Renewed Support From Argentine President Milei

In an exchanges on X, formerly known as Twitter, Argentine President Javier Milei reiterated his support for Bitcoin, emphasizing the freedom of currency competition in the nation. This dialogue was sparked by a casual greeting from the president on the social media platform, which led to a conversation about BTC. Milei Reiterates His Support For

Binance.US Dealt Another Blow: North Dakota Revokes License

Binance.US, the American arm of the world’s largest cryptocurrency exchange, is facing a blitz of regulatory scrutiny that threatens to fumble its hold on the lucrative US market. Mounting license revocations and operational restrictions across several states paint a grim picture for the exchange’s future. Related Reading: Bitcoin Bank Vaults El Salvador’s Crypto Dream: Can

Arbitrum (ARB) Hits Rock Bottom, But Market Cap Soars To $2B – What’s Behind This Disconnect?

The price of Arbitrum’s governance token, ARB, has been experiencing a significant slump, nearing its all-time low. However, despite this downward trend, the market capitalization of ARB has witnessed substantial growth, expanding by over 75% to reach $2.23 billion.  Market Cap Defies Price Decline Over the next three years, an additional 36% of Arbitrum’s total

Data Shows Hedge Funds Turn Cold On Bitcoin: A Sign Of Trouble For Crypto?

The crypto landscape is witnessing a notable shift in strategy among hedge funds, with Bitcoin exposure at its lowest since October 2020. Particularly, the ETC Group’s latest research highlights these funds’ significant decrease in Bitcoin holdings, marking a strategic shift that could have broader implications for the cryptocurrency market. Related Reading: Bitcoin’s Rising Difficulty Points

Kraken Bolsters IPO Ambitions With Plans Of A Massive $100 Million Funding Injection

US-based cryptocurrency exchange Kraken, is reportedly considering a final funding round as it explores the possibility of an initial public offering (IPO), according to sources familiar with the matter. The exchange has received inquiries from potential investors amid the current rally in the digital asset market. Kraken Gears Up For Pre-IPO Funding Round According to

Worldcoin Survey Reveals Nearly 90% Of Spanish Users Support Its Return

Worldcoin (WLD) recently faced more regulatory scrutiny after halting its operations in Spain. Its developer, Tools For Humanity (TFH), has agreed to extend the operational pause in the country as part of the ongoing investigation regarding the company’s data collection and processing. Related Reading: BREAKING: Robinhood To Acquire Crypto Exchange Bitstamp In Major Expansion On

Ethereum ETFs Brace For Sluggish Reception, JPMorgan Expects Modest $1-$3 Billion Inflows

According to a Bloomberg report, analysts suggest that the debut of the recently approved Ethereum ETFs in the US may generate significantly less demand than spot-Bitcoin products. Major financial institutions, including BlackRock and Fidelity, await final approvals from the Securities and Exchange Commission (SEC) to list the long-awaited Ethereum funds.  However, JPMorgan strategists anticipate much