Cryptocurrency - news

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce. The company attributed the layoffs to a […]

Kristoffer Krohn unsuccessfully argued in his appeal that the SEC had not established that the Green Boxes were securities offerings or investment contracts in its complaint.

Low-income households with high crypto exposures saw the largest increase in mortgage and auto loan originations and balances, US Treasury research revealed. 

Market intelligence firm Messari recently released its third quarter (Q3) performance report for Polkadot (DOT), providing insights into the blockchain network’s development and financial metrics during this period. Polkadot Sees Strong Developer Engagement One of the notable findings from the report is the developer activity on Polkadot. According to Electric Capital, the network had approximately 2,400 monthly active developers in July 2024, with 760 classified as full-time contributors. This positioned Polkadot fourth among leading blockchain networks, trailing only Ethereum, Base, and Polygon.  Furthermore, Artemis tracked an average of 630 weekly active core developers and 760 ecosystem developers during Q3, underscoring a vibrant development community. Related Reading: Bitcoin Price Alert: Expert Warns Of Upcoming 25% Drop, Timing And Trends Explained Polkadot also made significant strides in Q3 2024 with several key initiatives aimed at enhancing its ecosystem. The [...]

Dogecoin is consolidating losses above the $0.3650 support against the US Dollar. DOGE could restart increase if it clears the $0.400 resistance. DOGE price started a downside correction below the $0.420 level. The price is trading below the $0.400 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.3920 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.400 and $0.4100 resistance levels. Dogecoin Price Eyes Fresh Increase Dogecoin price started a downside correction below $0.450 like Bitcoin and Ethereum. DOGE traded below the $0.420 and $0.400 support levels. A low was formed at $0.3646 and the price is now consolidating losses. There was a minor increase above the $0.380 level. The price tested the 23.6% Fib retracement level of the downward move from the $0.4808 swing high to the $0.3646 low. However, the bears seem to be active below the $0.40 [...]

The Financial Conduct Authority (FCA) is pushing for sweeping crypto regulations by 2026, tackling market abuse, decentralized assets, and trading platform oversight in its evolving framework. Inside the FCA’s Crypto Overhaul: What 2026 Means for the Industry The UK Financial Conduct Authority (FCA) has outlined a comprehensive plan to establish a full regulatory framework for […]

Oracle Corporation sued Crypto Oracle, claiming it had “egregiously and flagrantly violated” a past settlement agreement and court injunction.

On Tuesday, CNBC’s Mad Money host Jim Cramer shared on X: “I always find it hilarious when I read ‘time to dump crypto’ when I have owned and backed crypto since Thestreet.com days. Remember that?” As co-founder of the financial website, Cramer was an early observer of the financial landscape, including emerging digital assets. However, […]

Ethereum price remained supported above the $3,220 zone. ETH is consolidating and might aim for a move above the $3,400 resistance. Ethereum started a fresh increase from the $3,250 support zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $3,400 resistance zone. Ethereum Price Remains Stable and Eyes More Upsides Ethereum price remained supported above $3,200 and started a fresh increase while Bitcoin corrected gains. ETH is stable above $3,250 and is currently rising. There was a move above the $3,300 and $3,350 resistance levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $3,545 swing high to the $3,254 low. There was also a break above a connecting bearish trend line with resistance at $3,320 on the hourly chart of ETH/USD. [...]

Donald Trump's team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.

Morocco is advancing a draft law to regulate cryptocurrencies, aiming to balance risks and opportunities amid growing adoption. A New Chapter Unfolds: Morocco’s Journey Toward Crypto Regulation Gains Momentum Morocco’s central bank governor, Abdellatif Jouahri, revealed Tuesday at a conference in Rabat that Bank Al-Maghrib, the country’s central bank, is advancing plans to regulate cryptocurrencies. […]

Pantera Bitcoin Fund’s jaw-dropping 1,000x return spotlights bitcoin’s explosive potential, with founder Dan Morehead forecasting a transformative financial revolution yet to unfold. $740K BTC in Sight as Pantera Capital’s Bitcoin Fund Hits 1,000x Milestone The Pantera Bitcoin Fund, an investment fund managed by Pantera Capital, a leading cryptocurrency-focused investment firm, has achieved a staggering milestone, […]

Ethereum block builders Beaverbuild and Titan Builder have made around 88% of the blockchain’s blocks in recent weeks. BuilderNet aims to disrupt that.