The entire crypto community got excited as Bitcoin [BTC] registered a slight uptick in the last few days. This development gave investors hope for a possible bull-rally in the coming days. Bitcoin’s value increased more than 5% in the last seven days.  Furthermore, at press time BTC was trading at $20,199.18 with a market capitalizationContinue reading “Bitcoin [BTC]’s bull and bear tug-of-war may have traders waiting for a long time”

Cardano [ADA] investors’ positive expectations of the upcoming Vasil Upgrade could be shortened. No, it’s not because the upgrade might experience some hiccups, but a focus on the price performance. Renowned trader and analyst, Peter Brand stated via Twitter that ADA was still headed for doom despite the underperformance in recent times. According to Brandt,Continue reading “Cardano [ADA] may be headed for another doomsday as per this analyst”

Celsius [CEL] has been in the news and it has a new update with regards to its hearings. Judges on the company’s bankruptcy lawsuit have allowed for an independent examiner to investigate the case. The examiner will be selected by the United States Trustee’s Office, a Department of Justice institution in charge of bankruptcies. OnContinue reading “Celsius: Why a 30% surge doesn’t mean anything concrete for CEL investors”

The entire crypto community was carefully watching the event of Terra Classic [LUNC]’s unprecedented surge over the last few weeks. Several developments happened in the Terra ecosystem that have the potential to change its fate for good. For instance, with the recent arrest warrant for Terra’s co-founder Do Kwon, another interesting piece of news surfaced.Continue reading “Terra: In an interesting turn of events, LUNA walks ahead of LUNC”

The debate over creator fees or royalties on NFTs has been going on for a while now. Both sides, the creators and collectors, have made their case as to why or why not there should be royalty on top of the sale price of an NFT. NFT marketplaces have become proxies in this debate, byContinue reading “Magic Eden becomes the latest to join NFT royalty debate”

After the crashes of the crypto lending platforms that occurred in the summer of 2022, the Securities and Exchange Commission (SEC) of Thailand is planning to implement radical measures. The Thai SEC intends to prevent cryptocurrency platforms from offering or supporting services for digital asset depository. According to reports, the Thai SEC is attempting to forbidContinue reading “Will Thailand’s SEC ban all crypto operators in the state”

Polkadot [DOT] launched a new DeFi product called vDOT on 13 September. vDot is a yield-bearing DOT derivative that aims at maximizing DeFi earning strategies in the Polkadot ecosystem. vDOT will be the third member in Polkadot’s DeFi network, following the KSM and the vToken token series. Furthermore, it supposedly has the same features as vToken,Continue reading “DOT fails to impress despite some noteworthy developments from Polkadot”

A federal judge from the United States Bankruptcy Court for the Southern District of New York has allowed the U.S. Trustee’s office to appoint an independent examiner to investigate the affairs at the New Jersey-based bankrupt cryptocurrency lending company Celsius Network. It was on 13 July 2022 that the Celsius Network said that it hadContinue reading “Celsius: Judge permits independent examiner’s probe in bankruptcy case”

Apollo DAO, one of the many protocols that supported the Terra blockchain, has announced that it will be shutting down its vaults on Terra Classic. In a blog post published on Apollo’s website, the protocol pointed out that it had continued to support the network by maintaining its Liquidity Provider (LP) Vaults on Terra Classic,Continue reading “Apollo DAO to shut down LP vaults on Terra Classic”

After a 1% tax deducted at source (TDS) took effect in July, the number of Indian users signing up on the major cryptocurrency exchange Binance skyrocketed, according to a report from Bloomberg on Tuesday. As per the publication’s further information, the number of Binance app downloads in India increased to 429,000 in August, making itContinue reading “Binance is making it big in India, here’s what you need to know”

The Securities and Exchange Commission (SEC) of the United States has sued Chicago Crypto Capital, for allegedly selling unregistered crypto securities worth $1.5 million. These tokens were being sold to unsuspecting investors from August 2018 to September 2019. SEC has alleged that Chicago Crypto Capital, a Chicago-based DeFi advisory firm, its owner and president BrianContinue reading “United States SEC sues Chicago Crypto Capital- Here’s why”

With the completion of the Merge, all the attention seems to be on Ethereum [ETH]. However, there could be a lot of L2 solutions that could benefit from the Merge, one of them being Polygon [MATIC]. In a recent tweet, posted on 13 September, Polygon announced how they would reap the benefits from Ethereum’s Merge.Continue reading “Big-brand collaborations are failing to push MATIC up, here’s why”