The United States Court of Appeals has reversed a lower court’s ruling dismissing U.S.-based users’ damages claim against Binance. Aggrieved users will once again attempt to prove that their claims do not constitute an “impermissible extraterritorial application” of U.S. securities law. ‘Impermissible Extraterritorial Application’ of Securities Law The U.S. Court of Appeals has revived a […] Source CryptoX Portal
Tom Lee, the founder and head of research at FundStrat Global Advisors, has once again vocalized a compellingly bullish forecast for Bitcoin (BTC). During an engaging interview with CNBC, Lee projected an impressive potential upswing for Bitcoin, positing it might escalate to a staggering $150,000 within the next 12 to 18 months. This prediction suggests a roughly 117% increase from its current standing, captured against the backdrop of Bitcoin’s role as a safeguard against fiscal instability. “I think that sometime in the next 12–18 months, Bitcoin can be over $150,000.…
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes: Ethereum Holdings Cross $54 Billion Milestone In […] Source CryptoX Portal
In an era where digital innovation intersects with democratic processes, Rarimo’s latest development — the “Freedom Tool” — aims to shake up the landscape of electoral systems. Rarimo introduced a digital identity protocol designed to revolutionize how we think about voting and personal privacy. This zero-knowledge-based voting platform allows for the creation of secure, tamper-proof voting systems where individuals can freely express their opinions without the concern of privacy invasion or authoritative repercussions. Unlike traditional voting mechanisms, the Freedom Tool leverages blockchain technology and identity management to ensure each vote…
As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins remain untouched for more than eight years. 2015 Bitcoin Cache Comes Alive On March 10, 2024, a […] Original
The market surge that the crypto industry is experiencing has had ripple effects on Web3 projects such as DeeStream (DST). Investor whales in projects such as Tron (TRX) and Ethereum (ETH) want to expand their portfolio. DeeStream (DST) is the project with promise as it’s speculated to go up 20x its presale value as Shiba Inu (SHIB) surges 230%. Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to…
The crypto market saw an uptrend this week, resulting in a new Bitcoin (BTC) ATH above $70,000 amid sustained spot BTC ETF inflows. Worldcoin (WLD) recorded similar price upswings despite global regulatory issues. Meanwhile, Binance departed Nigeria, while Montenegro approved Do Kwon’s extradition to South Korea. Bitcoin sees record highs The ongoing crypto market uptrend spilled into this week. As more market participants entered the scene, volume saw a marked uptick. crypto.news reported on March 5 that BTC’s 24-hour volume hit $40 billion for the first time since May 2021.…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: $400 million cryptocurrency Ponzi scheme founders were arrested in Argentina, the Central Bank of Brazil established cryptocurrency regulation as a priority, and the Argentine Fintech Chamber proposed crypto tax exemptions in Argentina. $400 […] Source
BlackRock, the world’s largest asset manager, saw its Bitcoin ETF (exchange-traded fund) reach $10 billion in assets under management (AUM) quicker than any other ETF in U.S. history. This milestone has been driven by an ongoing rally in the price of Bitcoin (BTC), the world’s flagship cryptocurrency. BlackRock’s BTC ETF hits new milestone This milestone, driven by a surge in Bitcoin prices, highlights the increasing interest and adoption of digital assets within traditional investment circles. Launched in January, IBIT has swiftly gained traction among investors seeking exposure to Bitcoin. IBIT’s…
Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this sequence of block reward disbursements from 2010 isn’t a new activity for this particular whale, […] Original