Gemini Strikes Back, Seeking Dismissal of SEC Lawsuit

The Gemini exchange has filed a motion to dismiss the SEC’s lawsuit against it, arguing that the SEC’s claim that it sold unregistered securities expands the regulator’s reach “beyond any reasonable reading” of the law. In response to the regulatory environment at home, the company is making a strategic turn toward European markets. Gemini cryptocurrency […]

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Bitcoin Whales: Signs of a New Accumulation Phase?

Bitcoin whales seem to be pointing towards a potential coin accumulation trend. Is this the start of a new bullish cycle? Bitcoin whales, those investors with large amounts of the cryptocurrency, seem to be pointing towards a potential coin-hoarding trend this week, according to daily data. This is an unusual weekly trend, in contrast to […]

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Hong Kong Police Introduces ‘CyberDefender’, an Innovative Metaverse Platform

The platform’s main objective is to educate people about the potential dangers that can arise within this digital realm. The Hong Kong police introduced a new Web3 platform called “CyberDefender Metaverse” as part of their technological advances. To mark this milestone, the police force hosted an inaugural event titled “Exploring the Metaverse” within the virtual […]

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Banco do Brasil Include 14 Participants in its CBDC Pilot

The final list of 14 participants was drawn up from 36 offers submitted by individuals and collaborating entities, totaling more than 100 institutions. The digital currency of the Central Bank of Brazil will initially focus on wholesale interbank transaction payment solutions. The Banco Central do Brasil plans to include more participants in its digital currency […]

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Bitcoin: Why a Bear Trap Will Boost the King Coin?

BTC could be leaving its previously formed bear trap. A bullish divergence could set the stage for a short-term rally. Over the past seven days, the value of Bitcoin [BTC] has declined by 7.14% while consolidating around the $26,700 region. However, the rest days could be closed, according to a tweet posted by Gert van […]

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