A group of U.S. lawmakers, led by House Foreign Affairs Committee Chair Michael McCaul, has urgently called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance, who has been held by Nigerian authorities for almost three months. The lawmakers have labeled the situation as a hostage crisis,
Bybit, a popular cryptocurrency exchange, recently made the decision to remove China from the list of countries whose citizens are restricted from using its services. This move has caused a stir in the crypto community, as it signals a significant shift in the company’s approach to the Chinese market. While the list still includes other
Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has once again surged to the top as the real-world asset with the most development activity over the last 30 days. This demonstrates the growing interest and innovation in the crypto sector, particularly in the realm of real-world assets that represent
In recent months, there has been a noticeable trend of large bitcoin holders, also known as “whales,” accumulating more tokens. According to the latest data, a specific group of whale addresses now collectively own over 40% of the total bitcoin supply. This accumulation by addresses holding more than 1,000 BTC has been particularly prominent since
In the ever-evolving landscape of investments, cryptocurrencies like Bitcoin, Ethereum, and Solana have managed to maintain their stronghold over traditional assets such as Gold. Despite the recent stagnation in the crypto market following Bitcoin’s new all-time high in March, these digital assets have consistently provided superior returns. According to the latest report from Raoul Pal,
In a surprising turn of events, a whale investor has been on a massive buying spree, accumulating a staggering amount of Shiba Inu (SHIB) tokens. This particular whale spent 4,849 ETH, equivalent to approximately $18.44 million, to acquire a whopping 715.9 billion SHIB in just six hours. This buying spree is unprecedented, even for a
The market is abuzz with anticipation surrounding the upcoming launch of spot Ethereum ETFs in the United States. Traders’ positions indicate a moderate level of excitement, with projections suggesting that these investment vehicles could attract around $4 billion within the first five months after their introduction. This has drawn comparisons to the explosive path witnessed
The journey of Binance Coin, the native token of the largest cryptocurrency exchange in the world, has been tumultuous with various regulatory challenges. The exchange has been embroiled in legal battles across different jurisdictions, including a recent and ongoing tussle with Nigerian authorities. This led to the detention of local company executives, causing further complications
Bitcoin, the volatile digital currency, has found itself thrust into the spotlight once again as the US banking system faces increasing strain. Proponents of Bitcoin view it as a beacon of stability amidst economic turmoil, contrasting its finite supply and decentralized nature with traditional assets. This narrative suggests that Bitcoin could thrive in a “flight
Binance, a leading global blockchain ecosystem and cryptocurrency exchange, has recently announced the launch of their inaugural Binance World Championship. This exciting competition boasts a rewards pool of over $4.2 million, making it a significant milestone for Binance. The primary goal of the championship is to celebrate the diverse community of users on the platform
