To protect the interests of investors in the United States, the crypto advocacy group Chamber of Digital Commerce urged the Securities and Exchange Commission, or SEC, to approve applications for Bitcoin exchange-traded funds (ETFs). The Chamber of Digital Commerce claimed in research released on Monday titled “The Crypto Conundrum” that the U.S. has lagged behindContinue reading “Chamber of Digital Commerce bats for Bitcoin ETF as SEC…”

Hong Kong-based HashKey Capital Limited has been granted a license from the Securities & Futures Commission (SFC) of Hong Kong to manage portfolios invested in 100% virtual assets. Following the uplift of its Type 9 asset management license, HashKey will be able to manage portfolios investing in crypto assets only in compliance with the SFC’sContinue reading “Hashkey receives SFC’s approval to manage crypto portfolio- Decoding details”

The group behind EthereumPoW (ETHW), a proof-of-work fork of the Ethereum blockchain, has officially announced plans to launch its hardfork shortly after the Ethereum Merge on 15 September. This, despite a difficult few weeks since its introduction. After the Merge, the ETHW mainnet will launch, according to a tweet from the @EthereumPow account. The threadContinue reading “Is Ethereum fork ‘EthereumPoW’ up in line after Merge”

Polkadot has outpaced a lot of its competitors when it comes to its development activities. Several system activities such as parachain lease auction besides new statemint upgrade have played a prominent role. In the chart below, it can be clearly seen that DOT, after July, has done better than Bitcoin, Cardano, Solana, and Tron. ThisContinue reading “Polkadot [DOT] outperforms BTC, ADA, SOL, TRX in this category”

NEAR recently outperformed several other cryptos with a larger market capitalization as it registered double-digit gains in the last seven days. The unprecedented surge sparked excitement in the community and gave investors hope for brighter days ahead for the token. At the time of writing, NEAR was trading at $5.16, 20% above when compared toContinue reading “NEAR Protocol: These metrics can play a role in pushing NEAR down”

According to Messari’s recent update, Shiba Inu ranked second among ‘up only since cycle low.’ Thus, surpassing many of its competitors in this category. Some analysts are of the opinion that the meme coin would face high volatility in the near future. But its demand won’t slow down.  According to Messari’s asset screener, 120 assetsContinue reading “Shiba Inu traders in escrow can thank SHIB’s latest achievement”

Bitcoin has come into the limelight again. This, after it registered promising gains over the last week. Its price increased by more than 12%. In the midst of the hype surrounding the next bull run, an intriguing piece of information about Bitcoin halving surfaced. The fourth BTC halving, which was initially scheduled to happen inContinue reading “Bitcoin halving 2023 and everything latest you need to know”

Given the broader market condition, the price of SushiSwap was down by 2.40% in the last 24 hours. However, a lot of interesting developments have been taking place within the community. Now, the question is- Can things change for SUSHI? The SushiSwap token has been trading between the $1.59 resistance and $1.00 support for quiteContinue reading “Could SushiSwap [SUSHI] see a bullish run in the weeks to come”

The Banque de France and the Central Bank of Nigeria were among eight new members announced by the Hyperledger Foundation on 12 September. Other names include CasperLabs and DSR Corp. The Banque de France had previously completed a trial for a wholesale CBDC in partnership with Hyperledger, IBM, and nine other organizations. The Central BankContinue reading “French and Nigerian Central banks to join Hyperledger Foundation”

According to banking behemoth State Street, global asset managers are unfazed by the ongoing cryptocurrency “winter.” In what has been nicknamed a “crypto-winter,” the prices of cryptocurrencies have fallen on the back of interest rate increases. In fact, Bitcoin has depreciated by more than 50% since January. However, the sudden influx of new financial productsContinue reading “Should institutions worry about the crypto-winter? State Street says…”

Just two days ahead of the much-awaited 1.2% tax burn being implemented, Binance has added LUNC and USTC to Binance Convert. This development is positive news for the LUNC community as it will help to add more value to the crypto, which had been lying on a deathbed for several months. With this new update,Continue reading “LUNC holders might be super happy this week, thanks to…”

Web3-based games and Metaverse projects have raised $748 million since August 1, 2022, according to research by DappRadar. In August, 847,000 Unique Active Wallets (UAW) per day on average participated in blockchain games – An 11% decrease from July. Axie Infinity, one of the most well-known games in the genre, has sold more than $4Continue reading “Metaverse, Web3 games are doing better than you think”