Twitter Imposes Rate Limits Citing ‘Extreme Levels of Data Scraping’ Tesla CEO and Twitter chief Elon Musk has implemented temporary rate limits on the number of tweets users can read daily to combat excessive data scraping and system manipulation on the platform. Verified…
Is Japan Stuck in the Past with Crypto? Japan is often praised for its regulatory success in the digital asset and Web3 space. However, at the recent IVS Crypto Conference in Kyoto, there was a sense that Japan may be a few years…
Tim Draper’s $250K Bitcoin Price Forecast Venture capitalist Tim Draper has adjusted his bitcoin price prediction, now stating that it may take two more years for his $250,000 prediction to come true. Draper previously predicted that the price of bitcoin would reach $250,000…
Awareness and Sentiment Towards Cryptocurrencies A joint research conducted by Consensys and YouGov reveals that 92% of participants are aware of cryptocurrencies. Here are the key points from the study: – 37% of participants see cryptocurrencies as the future of money, while 26%…
Stablecoin Economy Faces Contraction as Market Capitalization Dips Below $129 Billion The stablecoin economy has experienced a decline in value, with a loss of over $2 billion in June. The net value of the stablecoin economy decreased from $130.28 billion to $128.21 billion…
The United States District Court Upholds IRS Summons on Kraken The United States District Court, Northern District of California, has partially upheld a summons issued by the Internal Revenue Service (IRS) to Payward Ventures, Inc. and its subsidiaries, collectively known as “Kraken”. Kraken,…
Cameron Winklevoss criticizes SEC’s handling of Bitcoin ETFs Cameron Winklevoss, Co-Founder and President of Gemini, voiced his disappointment with the SEC’s refusal to approve Bitcoin ETFs He believes that the SEC has shielded investors from the best-performing asset of the last decade Cameron…
A Closer Look at German Crypto Investors According to a KuCoin research, 49% of German crypto investors believe digital currencies could help them achieve long-term wealth accumulation plans. Every fourth thinks the asset class could serve as a store of value amid the…
Open Interest in CME Group’s Ether Options Reaches Record High The open interest in CME Group’s ether options market has reached an all-time high, according to data compiled by The Block. In June, the open interest for ether options reached $254 million, indicating…