Crypto News

The Impact of SEC Rescinding SAB No. 121 on Crypto Custody An Overview of SEC’s Recent Announcement The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions….

THORChain: The OG DeFi Chain Founded in 2018, THORChain has quickly risen to fame within the decentralized finance (DeFi) space. This OG chain has made a name for itself with its innovative cross-chain swaps, known as THORSwap. But THORChain is not just about swapping tokens – it has since expanded its offerings to include lending…

Expanding Crypto Business in the Age of Trump The Trump Administration and Global Banking Giants As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses. The shift in leadership has brought about a sense of excitement and opportunity for those looking to delve deeper…

Solana’s Demand Surges The Trump Effect Solana’s demand has surged even more than it already is when Donald Trump launched on the chain and rumors of plans to open a SOL-based strategic reserve started circling around. Already up by 10% already, the word on the crypto space is that it can potentially climb higher. The…

Impact of Declining Blockchain Activity on Retail Transactions The Current State of Blockchain Activity Recent data has shown a significant decrease of 19.34% in blockchain activity for retail transactions. This comes at a time when Bitcoin’s price remains above $100,000 and is nearing its all-time high. Despite this, interest in cryptocurrencies has continued to grow…

The Sky’s the Limit: Bitcoin’s Journey to All-Time High The Psychological Price Point of $100,000 Having reclaimed the psychological price of $100,000, Bitcoin has got the crypto community talking about its inclination toward smashing its present all-time high (ATH) of $109,114. This milestone has been anticipated by many in the industry, as Bitcoin continues to…

Bitcoin’s Volatility: What to Expect Next? The Recent Trading Range Bitcoin has been experiencing a period of incredibly narrow price range over the last 60 days. This is quite unusual for the world’s most popular cryptocurrency, which is known for its extreme volatility. During this time, Bitcoin’s price has been moving within a tight range,…

World Chain adopts Chainlink’s Cross-Chain Interoperability Protocol Chainlink Integration Expand to World Chain World Chain has recently made a groundbreaking decision to adopt Chainlink’s Cross-Chain Interoperability Protocol (CCIP) in order to enhance blockchain interconnectivity. This move represents a pivotal step forward in the evolution of decentralized systems, as it will allow developers and users on…