Are Stablecoins Recession-Proof?
www.financemagnates.com

Stablecoins, as opposed to extremely volatile cryptocurrencies such as Bitcoin and Ethereum, are intended to have a steady value, sometimes tethered to a fiat currency such as the US dollar. Because of this stability, stablecoins are increasingly being used for a variety of purposes, including online transactions, remittances, and as a store of value. However, […]

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FTX founder Sam-Bankman-Fried convicted of defrauding <b>cryptocurrency</b> customers – PBS
www.google.com

NEW YORK (AP) — FTX founder Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony …

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Top Trader Updates Outlook on AI-Focused Altcoin That’s Exploded 307% Year-to-Date, Unveils Targets for Solana
dailyhodl.com

A widely followed crypto strategist is updating his outlook on one red-hot artificial intelligence (AI) altcoin. The pseudonymous crypto analyst Pentoshi tells his 707,100 Twitter followers that Fetch.AI (FET) is likely entering a consolidation phase after soaring 307% year-to-date. “Update: mid-term resistance resisting. Guessing a week or so of some consolidation and chop for this […]

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‘Elemental Knights’ Spinoff Leads New Games Coming to Immutable zkEVM
cryptonews.com.au

A trio of upcoming blockchain games—GensoKishi Online, Cursed Stone, and Sailwars—will be deployed on the Immutable zkEVM network, Immutable announced Thursday. Immutable zkEVM is a gaming-centric Ethereum scaling network built using Polygon’s zkEVM technology, and is fully compatible with the Ethereum Virtual Machine. Scaling networks let games and other apps handle larger volumes of transactions […]

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Ethereum (ETH) Rise Above $1,800 Caused By This Driver: Report
u.today

Recent analytics data has revealed the major factor that helped Ethereum get back over the $1,800 price level, suggesting a coming rise over $2,000

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XRP, TON win approval in Dubai International Financial Centre free trade zone
cointelegraph.com

The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.

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Visa Successfully Completes Digital Hong Kong Dollar Pilot Program
cryptopotato.com

Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC and Hang Seng Bank. The program, a part of the “Digital Hong Kong Dollar” pilot organized by the Hong Kong Monetary Authority (HKMA), opens new horizons for secure and efficient financial transactions. Transforming Interbank […]

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Before They Were Cool: Covenants In Production On Liquid
bitcoinmagazine.com

Ever since the Bitcoin community embarked on discussions surrounding the optimization of covenants, there’s been a growing interest in learning more about their tradeoffs and the covenants already deployed on the Liquid Network. In light of this renewed interest and to encourage further discussion, let’s review some of Liquid’s current covenant offerings, comparing them with […]

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Shiba Inu Whales Are Moving SHIB Again, Bearish Or Bullish?
www.newsbtc.com

Shiba Inu whales have been seen moving a large amount of SHIB on-chain once again. These movements come at a time when the price of the meme coin is on the rise, raising concerns about whether these large holders have decided to start selling their large stacks of coins. Shiba Inu Whales Start Moving Coins […]

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Bloomberg Analyst Says Ethereum, Polygon and Solana Unlocking Opportunities for Emerging Markets – Here’s How
dailyhodl.com

A Bloomberg crypto analyst says that Ethereum (ETH) and two other altcoins are creating unprecedented financial opportunities for emerging markets. Blockchain analyst Jamie Coutts says on the social media platform X that ETH, Polygon (MATIC) and Solana (SOL) are unlocking greater access to the private credit market. “Public blockchains hold immense potential for empowering global […]

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Do Kwon and Terraform Labs Seek Summary Judgement in SEC Lawsuit, Citing ‘Severe Deficiencies’ in the Case
dailyhodl.com

Terraform Labs and its co-founder Do Kwon are asking the Southern District of New York court to strike out parts of the complaint filed by the U.S. Securities and Exchange Commission (SEC). The SEC accuses the collapsed stablecoin issuer and its disgraced former CEO of offering and selling crypto assets that qualify as securities. The […]

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FCA Unveils Fresh Guidance amidst Crypto Marketing Turmoil in the UK
www.financemagnates.com

The Financial Conduct Authority (FCA) has updated its guidance for cryptoasset firms, following recent legislative changes that bring crypto promotions targeting UK consumers under its oversight. The new rules aim to enhance consumer understanding of crypto investments and the associated risks. Particularly given that when the regulations came into force, more than 200 crypto firms […]

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Sam Bankman-Fried convicted of defrauding <b>cryptocurrency</b> customers – Sky News
www.google.com

Sam Bankman-Fried has been found guilty of defrauding customers of his bankrupt cryptocurrency exchange in one of the biggest frauds ever.

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Innovation and Style in Web3: Adidas and Bugatti Auction 99 Limited Edition Football Boots
crypto-economy.com

Adidas and Bugatti have forged a unique collaboration in Web3 that is set to revolutionize the way we view sports footwear. News of this exciting partnership has sparked a frenzy in the world of football and fashion, as both leading brands come together to auction off a limited number of limited edition football boots on […]

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Top Trader Peter Brandt Identifies Bullish Signals on Ethereum Price Chart
u.today

Financial analyst Peter Brandt analyzes Ethereum’s price chart, uncovering key bullish signals for investors

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Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor
cointelegraph.com

BTC price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on Bitcoin.

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After Bitcoin Tops $35K, Uniswap and Aave Lead DeFi Token Surge
cryptonews.com.au

Bitcoin last night was closing in on $36,000 per coin—the first time it’s been that high in nearly 18 months. The biggest cryptocurrency by market cap has since dipped to $34,949 after briefly touching $35,878 at around 10 p.m. ET last night, according to CoinGecko. And it’s continuing to climb fast: the asset is up […]

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ETH deposits and withdrawals now available on zkSync Era!
blog.kraken.com

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on zkSync Era! What is zkSync Era? zkSync Era is an Ethereum virtual machine-compatible Layer-2 rollup protocol by Matter Labs. Formerly known as zkSync 2.0, the project rebranded to zkSync Era in February, 2023. ZkSync Era employs zero knowledge (ZK) rollups […]

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MicroStrategy’s Michael Saylor Says Spot Bitcoin ETFs Will Grow the Market ‘Dramatically’, Shares Outlook on BTC
dailyhodl.com

MicroStrategy founder Michael Saylor believes that an approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) will spark huge market growth for BTC. In a new MicroStrategy earnings call, outspoken Bitcoin bull Saylor says that BTC ETFs would likely attract a massive amount of funding from institutional investors. “And as we look forward to potential spot […]

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Sam Bankman-Fried’s Lawyers Claim Prosecution Painted Him as a ‘Monster’ in FTX Fraud Trial’s Closing Arguments
dailyhodl.com

The attorneys of disgraced FTX founder Sam Bankman-Fried argued that the prosecution is unfairly painting the defendant as a “monster” as the trial closes. According to a Reuters report, Mark Cohen, Bankman-Fried’s lawyer, addressed the jury and said that the prosecution elicited testimony about the defendant’s sex life and appearance in an attempt to paint […]

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Polygon Prepares for 2.0 Upgrade, Arbitrium’s Orbit Readies for Mainnet As Bitcoin Spark Brings Smart Contracts To Bitcoin
cryptopotato.com

The crypto market has been buzzing with excitement over recent developments in Polygon, Arbitrum, and Bitcoin Spark. While Polygon prepares for its 2.0 upgrade, Arbitrum is preparing to launch the mainnet of Orbit. Meanwhile, Bitcoin Spark has made significant changes. Visit the Bitcoin Spark ICO Polygon (MATIC) Prepares for the 2.0 Upgrade In June, Polygon […]

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Bitcoin Magazine and Nitrobetting.eu Present "The Bitcoin Halving Challenge"
bitcoinmagazine.com

NitroBetting.eu, a leading Bitcoin-exclusive sportsbook, has joined hands with Bitcoin Magazine to introduce an exciting new contest, The Bitcoin Halving Challenge. This innovative contest offers participants a unique opportunity to put their Bitcoin market prediction skills to the test. A pool of 50 winners with the most accurate predictions will share a total prize of […]

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Solana Whales Deposit To Exchanges, Selloff Incoming?
www.newsbtc.com

Data shows Solana whales have made large transactions towards exchanges during the past day, which could signal a selloff. Solana Whales Have Deposited Tokens Worth $34.1 Million To Binance According to data from the cryptocurrency transaction tracker service Whale Alert, a few large SOL transfers have occurred on the Solana blockchain during the past day. […]

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Is XRP Poised to Threaten Bitcoin as the Top <b>Cryptocurrency</b>? – The Crypto Times
www.google.com

Can XRP overtake Bitcoin as the top cryptocurrency? Read our in-depth guide about market cap, and price history to evaluate whether XRP can …

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Fidelity Exec Calls Bitcoin "Exponential Gold"
u.today

Fidelity’s Jurrien Timmer delves into Bitcoin’s potential trajectory, positioning it as the “exponential gold” of the digital age

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NIST establishes AI Safety Institute Consortium in response to Biden executive order
cointelegraph.com

Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”

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CFTC Commissioner Says Majority of Tips in Whistleblower Program Involve Crypto
dailyhodl.com

The Commodity Futures Trading Commission (CFTC) says that most of the tips called into its Whistleblower Program in 2023 involved crypto. In a statement, CFTC Commissioner Christy Goldsmith Romero says the agency received a record-breaking 1,530 tips through the Whistleblower Program this year. “As a former Inspector General who knows firsthand how important whistleblowers are, […]

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‘The Bear Market Is Behind Us’: Crypto Trader Lays Out Path for Bitcoin (BTC), Says Altcoins To Follow Suit
dailyhodl.com

A widely followed crypto strategist is declaring the bear market officially over, laying out bullish paths for Bitcoin (BTC) and altcoins alike. Crypto trader Michaël van de Poppe tells his 670,300 followers on the social media platform X that he expects altcoins to follow BTC in reaching new yearly highs. “Bitcoin breaks out and reaches […]

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Director of Fidelity Investments on Bitcoin: “I consider it exponential gold”
crypto-economy.com

Bitcoin’s (BTC) role as an ever-evolving financial asset continues to be the subject of intense debate in the investment world. In a recent news story, Jurrien Timmer, Director of Global Macro at Fidelity Investments, has shared his perspectives on this cryptocurrency and its relationship with gold, while Stanley Druckenmiller, a prominent investor, has expressed his […]

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Argentina Presidential Hopeful Wants to Mine Bitcoin From ‘Dead Cow’
cryptonews.com.au

A proposal by Argentine presidential candidate Sergio Massa to use excess natural gas from the Vaca Muerta oil fields to mine Bitcoin has generated controversy in the country’s cryptocurrency community. Vaca Muerta, which translates to “dead cow,” got its name in the 19th century when fossilized remains of megafauna—think giant ground sloths and glyptodonts—were found […]

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Ordinals Explained | What are Ordinals? Episode 2
bitcoinmagazine.com

Defining Bitcoin Ordinals The Role of Ordinals in Bitcoin Bitcoin ordinals refer to the unique identification numbers assigned to each satoshi on the blockchain. They serve as a timestamp and help establish the order in which satoshis occur. Ordinal theory enables participants to verify the chronology of satoshis, ensuring that the network reaches a consensus […]

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Bitcoin’s 108% YTD Surge Highlights Crypto’s Growing Prominence
www.newsbtc.com

Bitcoin (BTC) witnessed a remarkable surge in its price, nearing the $36,000 mark, sending ripples across the cryptocurrency market. While multiple factors contributed to this price rally, one significant driver appears to be the decision by the US Federal Reserve to halt interest rate hikes, albeit with the potential for future increases.  Additionally, the overall […]

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