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Luna Foundation Guard Buys $1.5 Billion in Bitcoin
What Is the Luna Foundation Guard (LFG)? The Luna Foundation Guard is a non-profit organization founded in 2017 with the mission to safeguard the blockchain and cryptocurrency industry, particularly within the Terra ecosystem. The foundation supports a large,...
Hungry Sausages NFT Collection Teams Up with Chef Nic
More Than Just a Cold Sausage HSL was founded by three individuals from diverse fields—creative, F&B, and finance—who shared a vision of blending physical and virtual experiences. The collection follows the journey of 5000 unique sausage characters, each with...
Binance Gains Regulatory Approval in France
Binance Becomes the First Authorized Crypto Exchange in France Binance is now officially the first major crypto exchange to be registered in France and aims to expand cryptocurrency services and education across Europe. The company has highlighted that greater...
Impact of 0.25% Interest Rate Hike on Crypto Markets
How Rate Hikes Affect the Crypto Market The 0.25% rate hike has impacted many cryptocurrencies, including Bitcoin and Ethereum, which have experienced sharp declines in value. Highlights include: Bitcoin (BTC), which hit an all-time high of $70,000 in November...
Central African Republic Makes Bitcoin Legal Tender as Second Nation
The Announcement Obed Namsio, the Chief of Staff in the President’s office, shared the news, stating that President Faustin-Archange Touadéra signed the law, placing CAR among the world's most progressive and visionary countries. Following the announcement, Martin...
EU Confirms No Limits for PoW Cryptos Under New Rules
Understanding the Proof of Work System Proof of Work is a consensus mechanism that rewards miners for lending computational power to validate blockchain transactions. While effective in securing networks, PoW consumes significant energy—comparable to the power...
Yuga Labs Triggers ETH Crash with Virtual Land Sale
Reasons Behind the High Demand for Yuga Labs NFTs Yuga Labs’ nonfungible tokens (NFTs) have gained significant popularity, with some selling for hundreds of thousands of dollars. The Bored Ape NFTs are among the most well-known, attracting celebrity owners like...
President Biden Signs Historic Executive Order on Cryptocurrencies
Key Elements of the Executive Order The executive order aims to evaluate the risks and benefits of cryptocurrencies. It instructs federal agencies to ensure cryptocurrency laws align with those of the US's international allies and directs the Financial Stability...
Robinhood Releases Q1 Financial Report
Cryptocurrency trading revenue experienced a 39% decline, falling to $54 million in Q1, largely due to a decrease in interest surrounding meme stocks and a continued downturn in the cryptocurrency market. Criptochipy.com suggests that Robinhood's lack of a...
Ukraine War and Its Ripple Effects on the Crypto Market
The Role of Cryptocurrencies in a World of Uncertainty The world faces unprecedented challenges. The aftermath of a global pandemic, Europe’s first major war in decades, soaring US inflation, and extreme market volatility have all created an uncertain global...
Former Jefferies Exec and Ex-Euronext CTO to Launch Institutional Crypto Exchange
What market gap will the exchange target? The three founders are creating a crypto exchange that aims to meet the needs of both traditional financial institutions (TradeFi) and crypto-native organizations that require low-latency infrastructure. Mazzarese...
ECB Calls for Global Regulation of Cryptocurrency
ECB Official Calls for Crypto Regulation Panetta stressed that cryptocurrency regulations should prioritize Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) guidelines. He also called for greater public disclosure by exchanges, including...
Binance, Coinbase, and Kucoin Refuse to Ban Russian Users
All the Major Crypto Exchanges Oppose Blanket Bans Several leading exchanges, including Binance and Coinbase, have stated they will not impose blanket bans on Russian users. Coinbase CEO Brian Armstrong emphasized that “everyone deserves access to basic financial...
When Will Stablecoin Regulations Be Finalized Globally?
The FSB Stand on Regulation of Stablecoins The Financial Stability Board (FSB) recently highlighted the growing risks posed by stablecoins to the global financial system. As stablecoins increasingly facilitate both domestic and international payments, FSB insists...
Stripe Enables Crypto Payments for Twitter Creators
Current Overview Currently, the payment processor supports crypto payments in USDC, a stablecoin pegged to the US dollar. These payments will be processed through Polygon, which is a Layer 2 solution built on the Ethereum blockchain. The company selected this...
5 Strategies Used by Successful Crypto Whales
Strategies Deployed by Crypto Whales to Influence the Market Crypto whales are individuals or institutions that hold massive amounts of a specific cryptocurrency. These whales wield significant influence over the market, causing notable price movements. Whether...
Kraken Secures Crypto License in UAE
Kraken’s New Milestone FTX, Binance, and Crypto.com were already established in the UAE before Kraken’s arrival. Kraken will become the fourth virtual asset exchange to be authorized to operate in the Abu Dhabi International Finance Center (ADGM) and the Abu Dhabi...
Analyst Benjamin Cowen Highlights Ethereum Weakness
Analyst Predictions for ETH Cryptocurrency analysts predict further losses for Ethereum. Renowned analyst Benjamin Cowen shared his bearish outlook, suggesting ETH may drop to $2,000 or lower. Cowen emphasized the inability of ETH to regain its bullish market...
Fidelity Introduces ETFs for Crypto, Metaverse, and ESG Investments
Overview of Fidelity’s New Launch However, the Fidelity Crypto Industry and Digital Payments ETF (FDIG) is designed not to provide direct exposure to cryptocurrencies listed on crypto platforms. Instead, it will focus on investing in companies that contribute to...
What Are Aggressive Crypto Whales Buying Right Now?
Bitcoin Whales: Accumulating Confidence On-chain data from Whalemap reveals that whales holding over 1,000 BTC have accumulated significant amounts at $36,000–$38,000, signaling confidence in the market. Bitcoin rebounded from $34,500 to $38,400, breaking key...
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