cryptocurrency

Ethena: Redefining Stability in the Crypto World with $6.5 Million Seed Funding

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Ethena, a pioneering Ethereum stablecoin protocol, has successfully raised an impressive $6.5 million in its recent seed funding round. The round, led by Dragonfly Capital, garnered substantial support from prominent figures like former Bitmex CEO Arthur Hayes, as well as derivatives exchanges including Deribit, Bybit, Okx, Gemini, and Huobi. With this substantial funding, Ethena aims …

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SEC Launches Comprehensive Review of Bitcoin ETF Applications, Highlighting the Significance of Surveillance-Sharing Agreements

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The U.S. Securities and Exchange Commission (SEC) has embarked on an extensive review process of the latest bitcoin exchange-traded fund (ETF) applications. This move follows the publication of documents seeking public consultations, with the official review set to commence upon the filings’ publication in the federal register. The SEC has solicited comments on multiple ETF …

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Bitcoin Skyrockets Towards $32,000 as XRP Ruling Boosts Crypto Optimism

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In a major development for the cryptocurrency market, Bitcoin surged towards the $32,000 milestone late on Thursday, following news of a U.S. judge ruling that XRP was “not necessarily a security on its face.” The ruling was met with enthusiasm within the crypto community, as it raised hopes that other crypto companies currently embroiled in legal battles with the Securities and Exchange Commission (SEC) could also achieve favorable outcomes.

Breaking News: Former CEO of bankrupt crypto lender Celsius, Alex Mashinsky, has been arrested and is facing lawsuits from multiple U.S

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Breaking News: Former CEO of bankrupt crypto lender Celsius, Alex Mashinsky, has been arrested and is facing lawsuits from multiple U.S. financial regulators. The Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC) have filed complaints against Mashinsky and Celsius regarding allegedly misleading statements about the state …

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Technical Analysis: Bitcoin on a retracement, following from gains.

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Bitcoin underwent a retracement from its recent gains on Thursday, as traders struggled to overcome a key resistance level, resulting in heightened market volatility following the release of the U.S. inflation report. Meanwhile, Ethereum experienced a slight decline, slipping below the crucial $1,900 threshold. During the current session, Bitcoin (BTC) consolidated below the $31,000 level …

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What is Bitcoin? Advantages of using Bitcoin today.

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Bitcoin is a digital currency that has revolutionized the world of finance. Unlike traditional currencies, it is decentralized, meaning it is not controlled by any government or financial institution. Instead, it operates on a peer-to-peer network and uses cryptography to secure transactions. One of the most compelling aspects of bitcoin is its scarcity. Only 21 …

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