Author: Ujunwa Juliet Ihiasota

Article written by Ujunwa Juliet Ihiasota

The US SEC classifies Polygon (MATIC) as security Security

November 25, 2023 1 min read

The US Securities and Exchange Commission (SEC) has classified Polygon (MATIC) as a security, casting a pall over the popular crypto. The SEC’s announcement came as part of a lawsuit against Kraken, accusing the exchange of violating securities laws by operating an unregistered securities exchange, broker, and clearing agency. Polygon, formerly known as MATIC, has been reclassified as a security by regulatory authorities. This echoes similar legal battles faced by

Blur Token (BLUR) surges by over 30% following Binance listing

November 25, 2023 1 min read

Blur, the native token of the NFT platform Blur, experienced a remarkable 30% surge in value, attributed to its recent Binance listing and a successful airdrop campaign. Binance’s convert feature, designed for retail users, played a crucial role in Blur’s recent success. This feature allows users to conduct asset transactions without relying on an order book. Following its listing on Binance, Blur’s price doubled, reaching an impressive $0.64 in just

Will Render Token (RNDR) RNDR Price Hit $5 Soon?

November 20, 2023 2 mins read

A growing number of crypto enthusiasts and investors are focusing on alternative digital currencies as a way to expand their portfolios beyond Bitcoin (BTC) and Ethereum (ETH). Out of all of them, Render Token (RNDR) is a standout candidate because it provides a special utility for VFX rendering, motion graphics, and animation. Let’s take a closer look at RNDR, analyzing its present state of the market and projecting its price

ZTX Metaverse Joins Forces with ZGM for Exciting $ZTX-Powered Prediction Contest

November 18, 2023 1 min read

The ZTX Web3 metaverse project has teamed up with ZGM, a global metaverse influencer company, to launch the first-ever $ZTX-backed betting competition, which is an exciting step toward reaching its 2023 goals. Under the direction of Chief Futurist Alexx, the ZTX team said it is improving District Home owners’ virtual reality experiences and generating value for ZTX token holders. Starting on November 18 and running through November 22, in Manila,

Cathie Wood Says Grayscale Conversion Plans Could Delay ETFs Approval

November 15, 2023 1 min read

In a recent interview, Cathie Wood, the CEO of Ark Invest, expressed her views on the possibility of a spot Bitcoin ETF. Wood highlighted a notable shift in the SEC’s approach, indicating a more detailed and engaged review of ETF filings, which she sees as a positive sign of serious consideration. Wood cautiously expressed optimism, suggesting that the chances of approval for a Bitcoin ETF have increased. She pointed out

Tether prints 4 billion USDT, hitting 22.75 billion in 2023

November 14, 2023 1 min read

Tether has been on a coin-printing spree, making a whopping 4 billion USDT tokens in just one month, bringing its total for 2023 to 22.75 billion USDT. This surge in USDT production comes alongside hints of new projects on the horizon for 2024. Tether, the company behind the popular USDT stablecoin, recently minted 1 billion USDT on the Tron blockchain. Prior to that, they had already created 3 billion USDT

Will Trust Wallet Token (TWT) hit $5 in 2024?

November 8, 2023 1 min read

Trust Wallet Token (TWT), the native crypto of Trust Wallet, has been on an impressive growth trajectory recently. As it gains popularity and adoption, investors and enthusiasts are left wondering: can TWT reach $5 in value by 2024? Factors that Could Drive TWT’s Growth: Challenges and Risks: Despite the promising outlook, there are certain challenges and risks to consider: Trust Wallet Token (TWT) has shown promise, but its path to

FTX Considers Liquidating $744 Million in Grayscale and Bitwise Holdings

November 6, 2023 2 mins read

The bankrupt crypto exchange FTX, along with its debtors, has submitted a request to the U.S. bankruptcy court in Delaware. They are seeking approval to sell trust assets that include funds from Grayscale and Bitwise, valued at an estimated $744 million. The sale is proposed to be carried out with the assistance of an investment adviser, as outlined in a court filing made on Friday. According to the filing, the

Shiba Inu (SHIB) trading volume exceeds $37 million in the past 24 hours on Binance

November 2, 2023 1 min read

Shiba Inu (SHIB) meme coin is on an upward trajectory, posting a 2.88% gain and reaching around $0.000007885, as per CoinMarketCap data. A notable factor fueling this sustained positive momentum is a 22% spike in SHIB trading volume on the leading exchange, Binance. Binance exchange witnessed SHIB trading volumes exceeding $37 million in the past 24 hours. Being one of the most liquid exchanges globally, this surge shows a robust

Circle to Cease Consumer Account Support in Strategic Move

November 1, 2023 1 min read

USDC Stablecoin issuer Circle has announced its decision to discontinue support for consumer accounts. According to a statement released, Circle consumer accounts will no longer be supported as part of the company’s strategic review. The discontinuation of wiring and mining functionalities will take effect, and all consumer accounts will be closed on November 30, 2023. While the statement did not delve into specific details about the motivations behind this move,

Floki Inu (FLOKI) Soars 105% in One Week, Reaches Five-Month High

October 27, 2023 1 min read

Floki Inu (FLOKI), the meme coin that is making waves in the crypto world, is grabbing everyone’s attention with its remarkable performance and instigative updates. It has lately hit a five-month high, trading at $0.00004074, which is a 24% increase in the last 24 hours. Indeed, more astonishing is its inconceivable 105% swell in just one week. What is indeed more instigative is the substantial increase in Floki’s trading volume,

Ark Invest Unloads Coinbase and Grayscale Bitcoin Trust (GBTC) Holdings Amid Bitcoin Surge

October 24, 2023 1 min read

Cathie Wood’s Ark Invest recently made some moves in the crypto space, selling a portion of its shares in Coinbase and the Grayscale Bitcoin Trust (GBTC). On Monday, Ark Invest sold 42,613 shares of Coinbase and 100,739 shares of GBTC. The sales were worth approximately $5.8 million, based on the closing prices of Coinbase and GBTC on that day. This decision to offload shares came amidst a positive surge in