Tensor’s Solana-Focused NFT Trading Platform Set to Disrupt the Industry

Tensor Raises $3M for Solana-Focused NFT Trading Platform Tensor, a blockchain-focused startup, has raised $3 million in a seed funding round led by venture capital firms, Placeholder and 1kx. The funds will be used to develop a Solana-based non-fungible token…

Revolutionizing the Future of Crypto: Shiba Inu’s Shibarium Set to Transform Ethereum Network!

Shiba Inu, a meme-based cryptocurrency, is set to release the beta version of its layer-2 blockchain, Shibarium, this week. Layer-2 solutions are built on top of existing blockchains and offer faster and cheaper transactions than the base layer. This is…

Federal Reserve Chairman Jerome Powell’s Bold Endorsement: Proper Regulation Could Unlock Stablecoins’ – Potential in Financial Sector

In a recent statement, Federal Reserve Chairman Jerome Powell expressed concerns about the potential risks posed by stablecoins to financial stability. Stablecoins are a type of cryptocurrency designed to maintain a stable value, often by pegging their value to a…

Amazon’s groundbreaking move into NFTs and cryptocurrencies is set to transform the art world and revolutionize online shopping!

Amazon, the world’s largest online retailer, has reportedly been working on plans to enter the world of non-fungible tokens (NFTs) and cryptocurrencies. According to sources familiar with the matter, Amazon is looking to launch its own NFT marketplace, where artists…

The Truth About Bitcoin Decoupling from the Traditional Market

During its infancy, Bitcoin’s price action did not follow traditional markets.  However, the increased interest from investors has paved the way for an apparent correlation between Bitcoin (BTC) and stocks.  This has led to a situation where Bitcoin and other…

Binance.US Scores Big Win with $1.3B Acquisition of Voyager – against SEC

A US bankruptcy judge has approved Binance.US’ $1.3 billion deal to acquire the assets of Voyager, a cryptocurrency trading platform. The agreement stipulates that Binance.US will pay a $10 million good faith deposit and will reimburse Voyager for certain expenses…

WeChat Now Accepts China’s Central Bank Digital Currency(CBDC) Payments

China’s central bank digital currency (CBDC) continues to gain traction as the country’s leading social media platform, WeChat, has started accepting CBDC payments. This move is seen as a major milestone in the adoption of CBDCs, as WeChat has over…

FTX Debtors Take on Grayscale Investments, LLC in $1 Billion Lawsuit Over Alleged Cryptocurrency Price Manipulation

A group of debtors from cryptocurrency derivatives exchange FTX have filed a lawsuit against Grayscale Investments, LLC, as well as its CEO and owners. The lawsuit, which was filed in a New York court, alleges that Grayscale Investments, LLC and…

Cloak: A New Era of Privacy and Security in Cryptocurrency Transactions

Early Contributor of Banned Tornado Cash Ameen Soleimani Announces Launch of New and Improved Version of Mixing Service. Tornado Cash, a decentralized mixing service that allows users to obfuscate the origin of their cryptocurrency transactions, was recently banned by the…

Weekly Price Analysis of Bitcoin (BTC), Ethereum (ETH) and S&P500, Everything you need to know

Bitcoin (BTC) closes another week below the 50 weekly moving average. Last week, the opening price of bitcoin was $23559. whereas, Bitcoin (BTC) closes around $22,428, losing 4.8% of its value in 1 week. The crypto total market capitalization that…