November 8, 20240 Comments

Embattled FTX Co-Founder Gary Wang Is Building US Authorities a Tool To Track Illicit Activity on Crypto Exchanges

FTX co-founder and former CTO Gary Wang continues to work with US authorities after giving his testimony at the trial of his college roommate and ex-colleague, Sam Bankman-Fried. Wang is among the FTX executives who were charged following the collapse of the FTX crypto exchange. He pleaded guilty to four criminal counts in December 2022. In a sentencing memorandum filed on November 6th, Wang’s lawyers ask the court to consider how their

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November 8, 20240 Comments

Ethereum Price Breaks 90-Day Accumulation Amid Whales Sell-off; Is $4,000 Close?

The crypto witnessed an accelerated bullish momentum following Donald Trump’s victory in in the 2024 presidential election. Bitcoin, the pioneer digital asset reached a new all time high, fueling a recovery in the altcoin market. Despite aggressive whale selling, the Ethereum price maintained its upward trajectory and breached the key resistance of the 6-months correction trend. By press time, ETH price had traded at $2,931, with an intraday gain of

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November 8, 20240 Comments

Chinese Nationals Gain Access to Stablecoins in Hong Kong Via Flare, Red Date Technology Trial

“With Hong Kong on the cusp of announcing new stablecoin regulations allowing digital currencies on public blockchains, the introduction of this KYC solution trial gives Mainland Chinese residents their first opportunity to legally hold public chain wallets and transact with stablecoins, such as HKDA, a fiat-referenced Hong Kong Dollar stablecoin issued by IDA. This project signals a possible first step in aligning with China’s long-term approach to integrating blockchain technology,”

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November 8, 20240 Comments

Rekt Raises $1.5 Million Seed Round Backed by Angels and Community, Following Sell-Out Success of Rekt Drinks

November 7, 2024 – Wilmington, Delaware Rekt Brands Inc. (Rekt) – the parent company behind the Rektguy NFT project, Rekt Drinks and the Rekt brand intellectual property – is excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community – without institutional venture capital – this achievement highlights the support Rekt received from its loyal and growing network. This funding

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November 8, 20240 Comments

Spirit Blockchain Buys Dogecoin Holdings To Boost DOGE

Blockchain-focused firm Spirit Blockchain Capital Inc. has acquired Dogecoin Portfolio Holdings Corp. Noteworthy, the acquired firm was founded by entrepreneurs and supporters of the dog-themed memecoin Dogecoin (DOGE). The strategic move is aimed at boosting the adoption of the pioneering digital currency. Dogecoin Transcends to Decentralized and Liquid Cryptocurrency In more than a decade since its launch, Dogecoin has transitioned from its status as a joke to a highly decentralized

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November 8, 20240 Comments

Shiba Inu Price Eyes 300% Rally As SHIB Whale Activity Surges

The Shiba Inu price could rally as much as 300% as SHIB whale activity is on the rise, a bullish development for the second-largest meme coin by market cap. Other on-chain metrics also paint a bullish for SHIB and indicate that its bull run could begin anytime from now. Shiba Inu Price Eyes 300% Rally In an X post, crypto analyst Javon Marks predicted that the Shiba Inu price could

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November 8, 20240 Comments

Top Memecoin Could Explode 121x if History Repeats, According to Crypto Analyst

Crypto analyst and digital assets trader Ali Martinez is leaning bullish on the largest memecoin by market cap. Martinez tells his 77,400 followers on the social media platform X that Dogecoin (DOGE) could go up by more than twenty-fold from the current price. Based on the extrapolation of Fibonacci retracement levels, a technical analysis tool based on the Fibonacci sequence of numbers to forecast price targets as well as identify

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November 8, 20240 Comments

Will OM Price Hit New ATH As Mantra Unveils 50M Airdrop Details?

MANTRA has announced details of its highly anticipated 50 million $OM token airdrop, sparking excitement across its community of over 350,000 participants. Eligible recipients, including stakers, NFT holders, and active ecosystem members, will receive tokens based on various engagement levels. Currently trading at $1.39, $OM could see renewed interest and momentum as users claim their rewards. The airdrop scale and distribution strategy have sparked speculation about potential price action in

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