NFT Sales Hit $95.42M as Animoca Brands’ Valuation Tumbles
Sales in the non-fungible token (NFT) market spiked by 6.29%, reaching $95.42 million over the past seven days. Conversely, the NFT market noted a drop...
Tech Firms Request Extension on EU AI Act Compliance
Tech Firms Seek Extension on EU AI Compliance A coalition of tech organizations (DOT Europe, The Software Alliance (BSA), AmChamEU, and the Computer & Communications...
India Seeks $86 Million from Binance in Unpaid Taxes
Binance is dealing with regulatory trouble in India. Binance had been cooperating with Indian authorities in the matter of the WazirX probe. However, the exchange...
Global Market Rout Intensifies as Japan’s Nikkei Index Visits Bear Market Territory
The crypto market suffered the single largest drop on Sunday since April 13 as the broader stock market, and Japan witnessed an equity rout. The...
MicroStrategy Tumbles 29% in Premarket Amid Crypto Stocks Meltdown Following Bitcoin Losses
Michael Saylor's MicroStrategy led the widespread plunge that saw Coinbase, Marathon Digital, and Riot Platforms in the double-digit dip. Crypto-related stocks sharply declined, with US-based...
Morgan Stanley Allows Wealth Managers to Start Recommending Bitcoin ETFs to Clients
Morgan Stanley, a TradeFi firm, announced adding BlackRock and Fidelity-issued Bitcoin ETFs. The decision was sounded as a big move as the $3.75 trillion consultation...
Crypto.com Overtakes Coinbase in Trading Volume Following the Entry of Institutional Clients
The trading volume of Crypto.com and Coinbase recently surged following the entrance of TradeFi firms and the launch of first-spot Ethereum ETFs. Crypto.com trading volume...
Donald Trump Promises to Establish Strategic BTC in Key Win for Crypto
If elected, GOP presidential candidate Trump reveals big plans for Bitcoin and crypto in the US. Republican candidate for the US November election promises to...
Stablecoin Adoption Threatens Emerging Markets and Developing Economies
FSB report decries the global stablecoins adoption poses financial risks and regulatory difficulties for emerging markets and developing economies. A recent publication by the Financial...
Stablecoin Adoption in Developing Countries Poses Financial Risks
According to the Financial Stability Board report, there are many risks associated with stablecoins in terms of financial and regulatory problems. However, analysts argue that...