Crypto News Center

Tether Labels Celsius Lawsuit a “Meritless Shakedown”

By Mark Hunter 1 day agoMon Aug 12 2024 08:14:18 Reading Time: 2 minutes Tether has rigorously defended itself against Celsius’ lawsuit, calling it “baseless” and a “meritless shakedown” Celsius has alleged that Tether owes it the dollar value of nearly 40,000 BTC used as collateral for a 2022 loan Tether has accused Celsius of trying to shift the costs of its mismanagement onto Tether, claiming the lawsuit lacks validity...

Binance.US secures court approval to invest $40 million in US Treasury bills

Binance.US secures court approval to invest $40 million in US Treasury bills Oluwapelumi Adejumo · 4 weeks ago · 2 min read The investment will use certain customer fiat funds. 2 min read Updated: Jul. 19, 2024 at 7:27 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. A US court has granted Binance US permission to invest certain customer fiat funds, currently held...

Australia Bans Credit Card and Cryptocurrency Use in Online Betting to Curb Financial Risk

The Australian Government is cracking down on gambling, with credit cards tied to crypto in the line of fire. Regulators have banned the use of credit cards utilising digital currencies (or other unique lines of credit) from use in online gambling. The move comes as the government also plans to phase out gambling advertisements and apply greater restrictions to the industry. The gambling industry in Australia has taken a hit,...

Is The Biggest Altseason Coming Soon? Analysts Are Eyeing a Crypto Market Shift

TLDR Analysts suggest the altcoin market may be near a “momentum bottom” The crypto Top 200 Equal Weight Index shows a downward trend, but the Altseason indicator hints at a potential recovery Daily active user (DAU) count across blockchains is up 97% year-to-date Bitcoin dominance remains high at 54%, indicating it’s still “Bitcoin season” Ethereum’s performance against Bitcoin could signal the start of an altseason As Bitcoin continues to dominate...

Dogecoin Price Looking Stronger – ‘Expect Massive Gains’, Analyst Predicts

Currently at a turning point is Dogecoin (DOGE), the cryptocurrency that started as a joke but has lately attracted the interest of traders. Analysts and investors are keenly observing its price movements, if it can overcome a significant barrier. The $0.10 mark has emerged as an interesting number as some analysts think it will set in motion the meme coin to a fresh positive phase. A recent examination by Crypto...

Dubai’s SEE Institute and Cardano Foundation Collaborate to Advance Blockchain-Powered Sustainability

The SEE Institute and Cardano Foundation have partnered to integrate blockchain technology into global sustainability efforts. Advancing Blockchain-Powered Sustainable Solutions The Dubai-based sustainability education and business incubation hub, SEE Institute, has signed an agreement with the Cardano Foundation to incorporate blockchain technology into its global sustainability efforts. The partnership aims to advance blockchain-powered sustainable solutions. The two entities hope the arrangement will position blockchain as an enabler of sustainable development...

Ex-Bitstamp CLO joins Space and Time executive team ahead of mainnet launch

The project aims to create a verifiable data layer that bridges blockchains, enterprises, and artificial intelligence. Key Takeaways Space and Time Labs hires Rika Khurdayan to be its new Chief Legal Officer. The project is approaching mainnet launch and prioritizing decentralization. Space and Time, a decentralized data platform backed by Microsoft’s M12 venture fund, has appointed Rika Khurdayan as its new Chief Legal Officer. Khurdayan previously served as US CLO...

List Of Top Three Altcoins To Avoid This Season

The altcoin market has been experiencing turmoil, with major altcoins recording declines. According to analyst Altcoin Buzz, there is a possibility they may continue to drop. This is due to over 40 projects in the crypto space scheduled to release more than $750 million worth of tokens. This large influx of tokens could lead to considerable sell-offs. Here’s a list of altcoins to steer clear of.  Aptos (APT) The first...

Rock and Roll Legend Elvis Presley Immortalized as NFT

By Philip Maina 2 months agoSun Oct 20 2024 09:40:55 Reading Time: 2 minutes Rock and roll legend Elvis Presley has resurfaced on the Bitcoin blockchain Presley has been turned into a Bitcoin NFT Dubbed “Elvis Side $Btc,” the NFT collection has 1,935 collectibles Elvis Presley, a rock and roll singer between 1953 and 1977, has found a new life on the Bitcoin blockchain as an NFT . The collection...

Will Ethereum reach $7K by January 2025? Analysts weigh in…

Journalist Posted: November 26, 2024 Share this article Ethereum’s Pi Cycle Top indicator predicted a market top of over $5k.  In case of a price correction, ETH might drop to $3.03k again.  Ethereum [ETH] , like most other cryptos of late, have registered promising growth. Following the tracks of Bitcoin [BTC] , several expected ETH to also touch an all-time high in the coming days. However, is it a viable...