The TON Foundation, a notable blockchain initiative tied to the popular messaging platform Telegram, is taking significant steps toward broadening its influence in the United States. According to a statement issued on January 14, this initiative comes on the heels of a successful performance in 2024 and is strategically aligned with the anticipated favorable cryptocurrency
In an illuminating survey conducted by the on-chain analytics platform CryptoQuant, vital insights into the demographics and trading preferences of cryptocurrency users in 2024 have surfaced. Conducted over November and December, the research captured responses from 1,478 individuals spread across diverse global regions, including Asia, Europe, North America, South America, Africa, the Middle East, and
In a significant turn of events for the cryptocurrency landscape, the U.S. Supreme Court has decisively turned down a petition from Binance, the prominent cryptocurrency exchange, alongside its founder, Changpeng Zhao. This denial has critical implications for the future of cryptocurrency regulation in the United States and for entities operating within the increasingly scrutinized arena
Sony Group has taken a pivotal leap into the blockchain sphere with the official launch of its Soneium mainnet, marking a significant milestone for both the organization and the broader Web3 landscape. This new platform aims to facilitate seamless interactions between creators and consumers, highlighting an ambitious commitment to making blockchain more accessible to the
In an era where news cycles are voracious, there’s a breed of journalist who blends a passion for storytelling with a knack for navigating emerging trends. Christian exemplifies this type. With his beginnings rooted in academia, he unearthed his love for the written word as a feature writer for his university’s publication. This formative experience
Robinhood, the popular trading platform, has recently made headlines for its substantial settlement with the U.S. Securities and Exchange Commission (SEC), totaling $45 million in civil penalties. The penalties were divided into two parts: $33.5 million from Robinhood Securities LLC and $11.5 million from Robinhood Financial LLC. This decision comes on the heels of an
In a recent discussion on CNBC’s “Squawk Box,” Fundstrat Capital’s Chief Investment Officer Tom Lee portrayed an intriguing yet cautionary stance regarding Bitcoin’s trajectory. Noting that the leading cryptocurrency has experienced a downturn of approximately 15% from its peak, Lee emphasized that such a contraction is not unusual for volatile assets like Bitcoin. He pointed
Bitcoin (BTC) has recently experienced fluctuations that brought its trading value briefly below the $90,000 mark. This drop underscores the growing concern among analysts regarding the volatility faced by the cryptocurrency in the near term. While many advocates of Bitcoin highlight its resilience, external macroeconomic factors are increasingly clouding the outlook, potentially driving the digital
The recent announcement from the New York Department of Financial Services (NYDFS) regarding its partnership with the Bank of England (BOE) marks a significant development in the regulation of digital assets. Launched on January 13, this initiative, dubbed the Transatlantic Regulatory Exchange (TRE), aims to foster international collaboration on cryptocurrency regulations. As the digital finance
As we step into 2025, the landscape of Bitcoin Exchange-Traded Funds (ETFs) is witnessing a seismic shift. A surge in demand marks a noteworthy comeback for US Bitcoin ETFs, particularly following a lackluster performance at the beginning of the year. Recent data from Glassnode illustrates a remarkable uptick in investor enthusiasm, with net inflows for