In a groundbreaking legal ruling on October 2, 2023, the United States Court of Appeals for the District of Columbia Circuit validated the legality of prediction markets that facilitate betting on U.S. elections. This pivotal decision emerged in response to an appeal lodged by the U.S. Commodity Futures Trading Commission (CFTC), which sought to pause
Bithumb, recognized as South Korea’s second-largest cryptocurrency exchange, is embarking on an ambitious journey to potentially list on the Nasdaq by the latter half of 2025. This decision, revealed during a shareholders meeting on September 30, highlights the exchange’s desire to capitalize on the burgeoning global interest in cryptocurrency markets. To facilitate this initial public
In a notable development for cryptocurrency investors and enthusiasts alike, Bitwise Asset Management has taken a significant leap by officially filing for an XRP exchange-traded fund (ETF) in Delaware. This filing signals a greater push for institutional investment in XRP, which has experienced both volatility and scrutiny in recent times. The announcement, made public by
The legal showdown between the Securities and Exchange Commission (SEC) and Ripple Labs continues to make headlines as the SEC announces its intent to appeal a recent federal court ruling. This conflict, which began in December 2020 when the SEC accused Ripple of engaging in an unregistered securities offering valued at $1.3 billion through the
As October 2023 commenced, Bitcoin’s trajectory diverged sharply from optimistic forecasts made by many investors in previous weeks. The cryptocurrency, which had shown robust gains leading up to September’s conclusion, faced a significant downturn in the early hours of the new month. On the very first day, Bitcoin experienced a notable dip, falling below the
In a significant acknowledgment of his contributions to the blockchain ecosystem, Charles Hoskinson, the founder of Cardano and CEO of Input Output, was recently awarded in Zug, Switzerland. This accolade was part of the ETH10X event, which commemorated the 10th anniversary of the Ethereum Foundation. Honoring Hoskinson alongside seven other co-founders of Ethereum, this event
In a significant announcement on October 1, 2023, Kraken revealed its decision to discontinue support for Monero (XMR) in the European Economic Area (EEA) by the end of October 2024. The exchange cited recent regulatory changes in the region as the driving force behind this decision. Effective October 31, 2024, at 15:00 PM UTC, all
The cryptocurrency landscape has always been susceptible to external shocks, and the recent missile strike by Iran on Israel serves as a case Study. Within a mere 24-hour period, Bitcoin experienced a staggering decrease of nearly $4,000, plunging from just over $64,000 to around $60,000. This sharp decline is indicative of a reactive marketplace, where
In the vibrant world of blockchain gaming, few titles have made a mark quite like CryptoKitties. Launched in 2017, this pioneering decentralized application introduced players to a unique ecosystem where they could collect, breed, and trade virtual cats based on the Ethereum blockchain. The game’s success not only captured the attention of gamers but also
The crypto market’s recent fluctuations serve as a stark reminder of how intertwined market sentiment and fundamental data can be. Cardano, one of the prominent cryptocurrencies, registered a remarkable 26% increase following the Federal Reserve’s announcement on interest rate cuts. This surge ignited hope among investors and analysts alike. However, the aftermath of this rally