MATIC Price Surges 9% as Polygon Enters New Macro Uptrend
Many whale transactions have been recorded on Polygon’s MATIC, indicating increased institutional interest in the cryptocurrency. MATIC, the native cryptocurrency of Polygon, extends its inexorable ascent by an additional 9%, approaching $0.90. The MATIC price has completed a significant breakout from the channel with a downward trend on the monthly chart and is now commencing […]
Bithumb plans to be Listed on Korea Stock Market
South Korean crypto exchange Bithumb has yet to confirm the IPO; it recently informed local media that it has chosen an underwriter. On November 12, the local news outlet Edaily reported that Bithumb is preparing to list on the KOSDAQ, which is equivalent to the Nasdaq in the United States. The IPO is anticipated to […]
Binance to Cease RUB Deposits Amid Russian Exit Plans
In anticipation of Binance’s departure from Russia, the cryptocurrency exchange is presently focusing on discontinuing RUB deposits. Binance, the largest cryptocurrency exchange in the world, issued a statement updating its users on the Russian ruble (RUB) landscape in the wake of its impending withdrawal from the country. Following the statement, the exchange will halt all […]
Binance Plea to Dismiss Lawsuit Rejected by US SEC
The US SEC has denied Binance’s motion to dismiss the litigation, citing significant misunderstandings of securities law. In a recent filing, the Securities and Exchange Commission (SEC) reaffirmed that Binance’s dismissal petition lacks legal merit. The aforementioned submission on Wednesday was made in reply to the earlier endeavor by the cryptocurrency exchange to dismiss the […]
XAI Token Rally Sparks Elon Musk’s Crypto Denial
Elon Musk disavowed any affiliation with cryptocurrency as the XAI token surged in value following reports of his AI venture, xAI. Elon Musk declared on Friday, November 3, that his new company, xAI, will introduce artificial intelligence. Musk announced on X, formerly Twitter. “Tomorrow, xAI will release its first AI to a select group,” Musk […]