Monthly Archives: March 2024

The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services and technology sectors in Russia, particularly those involved in virtual assets, enabling evasion of US sanctions. The enforcement agency claimed that these individuals and entities played a crucial role in

[PRESS RELEASE – NY, US, March 31st, 2024] The growing fascination with meme coin projects within the Solana blockchain ecosystem is highlighted by the swift increase in market capitalization seen across several projects. With the price of Solana holding strong at around $180 per SOL, the platform showcases its ability to facilitate the rapid rise

Mike Novogratz’s digital asset financial services firm Galaxy Digital posted a net income of $296 million for the full year 2023, according to its recently released financial statement. This was a significant turnaround after a $1 billion loss in 2022. The company said that Q4 of 2023 was particularly game-changing for the company. In its

United States Treasuries worth over $1 billion have been tokenized on-chain across Ethereum, Polygon, Solana, and other blockchains. The milestone was propelled by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund. US Treasurys Worth $1.08B Tokenized BlackRock’s Ethereum-based product, BUIDL, was introduced on March 20 and has surpassed a market capitalization of

[PRESS RELEASE – Brno, Czech Republic, March 31st, 2024] Maitreja, a trailblazing technology non-profit, is poised to revolutionize social networking and application development with its emphasis on user empowerment, authentic connections, and blockchain technology integration. At the heart of its initiative is Mait.me, a pioneering social network platform, accompanied by a dynamic suite of mobile

The US and UK authorities have ramped up their crackdown on entities linked to terrorism financing via crypto after the October 7th attacks on Israel. As such, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) imposed fresh sanctions earlier this week on two individuals and

The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday

The Financial Conduct Authority (FCA) in the UK has declared its intention to address meme-based marketing for financial products by releasing guidelines for financial services firms and social media influencers. The FCA’s latest report comes after its announcement last month that it will take action against firms engaged in illegal financial promotions. FCA Releases Guidelines

Bitcoin’s price has recovered from its sudden drop from $75K and is currently targeting the same level again. Market participants are eagerly waiting for the market to make a new record high soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has rebounded from the $60K support zone and broken

Ripple’s price has recently entered a phase of sideways consolidation, following a significant downtrend, leaving market participants uncertain about its future trajectory. However, the cryptocurrency seems likely to remain confined within a tight range until a breakout occurs in either direction. XRP Analysis By Shayan The Daily Chart Upon close examination of the daily chart