News

Congressman Challenges SEC's Crypto Enforcement Strategy.

Explore Wiley Nickel's criticism of the SEC's regulatory approach towards the crypto market and the need for more collaborations.

Karim Noun

Congressman Wiley Nickel criticizes the SEC's aggressive enforcement strategy in crypto regulation, calling for a more collaborative approach. The debate highlights tensions between consumer protection and innovation in the digital asset space.

Telegram CEO Pavel Durov Released on €5M Bail

Telegram CEO Pavel Durov freed on €5 million bail with strict conditions. Learn about the charges, investigation, and reactions to his arrest in France.

Karim Noun

Telegram CEO Pavel Durov has been released on €5 million bail and placed under judicial supervision in France. He faces charges related to illegal activities on the platform and must adhere to strict conditions.

Fed's Dovish Stance Could Fuel Bitcoin's Next Bull Run

Bitwise CIO Matt Hougan predicts a new Bitcoin bull run following Fed Chair Powell's dovish remarks. Explore the potential market impact the next federal meeting in September could have on the crypto market.

Karim Noun

Bitwise CIO, sees the Fed Chair Powell's recent comments as positive and could trigger a new Bitcoin bull market as we saw back in 2021.

Bitcoin Market Shifts as Investors Turn Cautious

Glassnode report reveals Bitcoin investors' reduced appetite for speculation. Learn about on-chain activity, perpetual futures markets, and implications for the crypto market.

Karim Noun

Glassnode's latest report indicates Bitcoin investors are becoming more cautious, with reduced speculative appetite and a balance in on-chain activity. This shift suggests a more spot-dominated market regime.

TON Network Back Online After 6-hour Outage

TON (Telegram Open Network) experienced significant downtime after DOGS memecoin trading activity caused it to stop block production for over six hours.

Yagyesh Jaiswal

After DOGS memecoin overwhelmed the TON blockchain with transactions, validators lost consensus and caused production to stop for over six hours.

Bitcoin Surges with $543M Inflow After Powell's Dovish Stance

Discover how Bitcoin attracted $543 million in inflows following Fed Chair Powell's dovish comments. Learn about crypto market trends and regional investment patterns.

Karim Noun

Crypto investment products saw $533 million in inflows, with Bitcoin leading at $543 million, following Fed Chair Powell's hints at potential interest rate cuts, while Ethereum faced outflows.

Justin Sun's $1M Bid to Free Telegram's Durov Unites Crypto

Explore Justin Sun's $1 million pledge to support a DAO for Pavel Durov's release and the crypto community's response to the Telegram founder's arrest.

Karim Noun

TRON founder Justin Sun pledges $1 million to a potential DAO supporting Telegram founder Pavel Durov's release. The arrest has sparked a debate on censorship, with high-profile figures showing support.

Shiba Inu Announces Plans for DAO

Shiba Inu announces its plan to create its own DAO, giving members of the community increased governance and decision-making.

Yagyesh Jaiswal

Shiba Inu will create its own DAO to ensure greater community control, while the initiative aims to further Shiba Inu's reach within the decentralized finance landscape.

Durov’s Arrest Shakes Crypto World and Raises Privacy Concerns

Telegram’s founder Pavel Durov was arrested in France over alleged facilitation of illicit activities. TON cryptocurrency price drops 16%. Find out what happened as a result of the arrest and what it means.

Karim Noun

Pavel Durov, the founder of the Telegram, was arrested in France based on the accusations of providing an opportunity for unlawful activities in the application. The arrest led to the TON cryptocurrency to plummet by 16% and brought into focus issues to do with privacy and regulation of cryptocurrency.

Kraken's Legal Battles: Setbacks in US and Australian Courts

Explore Kraken's recent legal setbacks in the US and Australia, including SEC lawsuit developments and ASIC ruling. Learn about the implications for the crypto exchange.

Karim Noun

Kraken, a major crypto exchange, faces legal challenges in the US and Australia. A US judge denied Kraken's motion to dismiss an SEC lawsuit, while the exchange lost a case against ASIC in Australia.

Telegram Publishes Official Statement on Durov's Detention

Telegram responds to the detention of CEO Pavel Durov, demonstrating support for Durov and looking for clarity regarding the charges.

Yagyesh Jaiswal

Telegram responded to the ongoing detention of CEO Pavel Durov, stating support and waiting for clarification about details from French authorities.

Kennedy's Support for Trump Causes BTC Price Spike

Robert F. Kennedy Jr. supports Donald Trump, causing Bitcoin prices to spike greatly as political events impact financial markets.

Yagyesh Jaiswal

Robert F. Kennedy Jr. comes out in support of Donald Trump, Bitcoin prices begin to jump in response, demonstrating the changes in the crypto market caused by political moves.

Telegram CEO Arrested in France, Toncoin Falls 16%

Telegram CEO Pavel Durov was arrested in France, triggering a 16% drop in Toncoin (TON) prices, amid allegations of no moderation of the platform.

Yagyesh Jaiswal

Pavel Durov, CEO of Telegram, has been arrested in France, causing a 16% decline in Toncoin value. The charges stem from policies against moderating illegal content.

WazirX Resumes Partial Withdrawals of Rupee

Indian crypto exchange WazirX will allow users to withdraw 66% of their rupee balances in phases after halting withdrawals due to a $230 million hack last month.

Yagyesh Jaiswal

WazirX one of India's largest crypto exchanges starting Aug 26 will allow users to withdraw rupees in phases for its users after suspending withdrawals previously due to a $230 million hack.

Trump Family Enters Crypto Space with New DeFi Platform

Explore how the Trump family is entering the crypto space with their new DeFi platform, "The DeFiant Ones," aimed at providing an alternative to traditional banking and tokenizing real world assets.

Karim Noun

The Trump family has announced a new DeFi platform called "The DeFiant Ones," with the goal to challenge traditional banks. This move marks a significant shift in Donald Trump's stance on cryptocurrencies.

Justin Sun's $4B Revenue Prediction for Tron

Explore Justin Sun's ambitious $4 billion revenue prediction for Tron, driven by meme strategies and USDD stablecoin improvements. Learn about Tron's recent successes and future plans.

Karim Noun

Tron founder Justin Sun predicts a potential $4 billion revenue for the blockchain within a year, based on its meme strategy success. He also plans to enhance the USDD stablecoin to increase competitiveness in the market.

Bitcoin Transaction Fees Increase 937% in 1 Day

Due to increased demand on the Bitcoin network, transaction fees have increased profoundly, rising 937% over a span of 24 hours, and at the peak of the fee increase, this raised costs for users.

Yagyesh Jaiswal

The average transaction fee on the Bitcoin network rose an incredible 937% within just 24 hours, driven by an increase in transaction volume. Although unusual, the user impact of this event underscored the volatility associated with transaction costs in the cryptocurrency space.

Ethereum ETFs Surge: $2 Billion Inflows in 4 Weeks

Discover how US-traded spot Ethereum ETFs have amassed $2 billion in inflows, rivaling top ETF launches. Learn about market trends and challenges in this concise overview.

Karim Noun

US-traded spot Ethereum ETFs have gathered $2 billion in inflows over four weeks, ranking as the fourth-largest ETF launch if combined. Despite this success, Ethereum ETFs face challenges due to weak market performance and macroeconomic factors.

McDonald's Instagram Hack Leads to $700K Crypto Scam

Explore how the recent McDonald's Instagram hack led to a $700,000 rug pull using a fake GRIMACE token on Solana. Discover the ongoing memecoin mania and its impact on traders.

Karim Noun

Hackers compromised McDonald's Instagram account to promote a fake GRIMACE token on Solana, resulting in a $700,000 rug pull. This event showcases the ongoing memecoin interest and its risks for investors.

ETH Shows Signs of Recovery After Lengthy Decline

Ethereum has fallen more than 20% from its July highs, but on-chain metrics such as higher underlying interest and purchasing power suggest that as leverage traders return, the downward trend may be reversed.

Yagyesh Jaiswal

The price of Ethereum has fallen significantly since its March peak, but two key series indicators suggest that the long-term correction is in its late stages as open interest rises and the taker-buy ratio is positive.

TRON Founder Ventures into Memecoins, Launches SunPump

The founder of TRON has introduced a new token deployer for memecoins on the TRON chain, sparking interest in the crypto community.

Yagyesh Jaiswal

Justin Sun, the founder of TRON has joined the memecoin train. The price of TRON has seen a 35% increase following the launch of a new memecoin creator on the TRON blockchain.

Uncertain Future for Solana ETFs Amid Regulatory Hurdles

Explore the challenging road ahead for Solana ETFs in the US as regulatory and political factors create significant hurdles.

Karim Noun

Bloomberg analyst Eric Balchunas is skeptical on the approval of Solana spot ETFs in the current SEC environment, despite listing by issuers.

Sharp Decline in BTC Triggers $50 Million in Liquidations

Discover the impact of Bitcoin's recent price drop on market liquidations and how major cryptocurrencies like Ethereum and Solana responded to the sudden decline.

Karim Noun

Bitcoin's sharp decline to $58,500 led to $50 million in liquidations, affecting major cryptocurrencies and highlighting the risks of leveraged trading.

Crypto Voters: Potential Deciding Factor in US Election

Explore how according to a Coinbase survey, young pro-crypto voters could significantly impact the 2024 US presidential elections.

Karim Noun

Coinbase's analysis suggests that young pro-crypto voters, aged 18-40, could significantly impact the 2024 US presidential election. Their growing dissatisfaction with the traditional financial system and the increasing cost of living may influence their votes, especially in swing states.

Ethereum Price Drop Post-ETF Launch

Explore Ethereum's 40% price drop after ETF launch, its causes, and the divergent performance of ETH ETFs in this concise market analysis.

Karim Noun

Ethereum's 40% price decline post-ETF launch is characterized by multiple factors like ETF outflows, market maker selling, and macroeconomic uncertainty and fear.