Recently, Binance, the world’s leading cryptocurrency exchange, executed the 16th batch of Terra Classic ($LUNC) burning. This resulted in the incineration of a staggering notable 3.9 billion LUNC tokens. This event, the first burn since the departure of former CEO Changpeng Zhao, has triggered remarkable shifts in the $LUNC market. Of course, as seen in […]
Cryptocurrency is a form of virtual or digital currency that uses cryptography for security. Unlike traditional currencies issued by governments (fiat …
For the last two years in the crypto market, it has paid off to be in Bitcoin versus altcoins. However, a new BTC dominance chart shows why the tides are about to turn in favor of altcoins. Bitcoin Crypto Market Dominance Remains Above 50% At this very moment, Bitcoin, the top cryptocurrency by market cap, […]
The Ronin crypto wallet mobile app has added a Binance Pay integration that allows users to directly import funds from Binance exchange accounts to their wallets, Ronin developers announced Friday. The new feature also means mobile users can automatically convert cryptocurrencies like Bitcoin and Ethereum into Ronin ecosystem tokens like AXS and SLP from Axie […]
Cryptocurrency analyst and trader Ali Martinez says that deep-pocketed investors are scooping massive amounts of Ethereum (ETH) scaling solution Polygon (MATIC). Martinez tells his 34,000 followers on the social media platform X that crypto whales bought up a whopping 120 million MATIC in the past seven days. “Polygon: recently, MATIC whales have been on a […]
AntPool – a prominent Bitcoin mining pool – has announced its decision to refund the staggering $3 million transaction fee that made headlines last week. The incident occurred when a user mistakenly submitted an 83 BTC gas fee, prompting AntPool’s risk control system to temporarily freeze the transaction during packaging. AntPool to Reimburse 83 BTC […]
Ethereum’s price rally toward $2,100 is driven by new developments in the layer-2 space and investors’ anticipation of a spot BTC ETF.
Which altcoins can keep rising until end of week?
Photo Credit: Dirección de Obras Municipales (DOM) President Nayib Bukele of El Salvador has been granted a special license allowing him to temporarily step down from his presidential role to pursue a second term in the country’s upcoming elections on February 4, 2024. This move aligns with a 2021 Supreme Court ruling and the constitutional […]
The Starknet Foundation, responsible for the development and oversight of Ethereum layer two, has announced plans for an airdrop of the STRK token. This news comes after the leak of possible eligibility criteria on social networks, generating expectations and caution in the blockchain community. According to official statements, the airdrop of STRK tokens will be […]
The short-lived NFT boom has massively impacted the cryptocurrency market which is now scarred by controversies and market collapses. Binance has been …
Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated. According to a former mobster turned federal informant, Gene Borrello, who shared a prison cell with Bankman-Fried, the disgraced crypto executive was placed on suicide watch and endured […]
New on-chain data reveals that tens of billions of dollars worth of digital assets are currently sitting within the reserves of crypto exchange platforms Binance, Bitfinex and OKX. Citing information from crypto data aggregator DeFi Llama, blockchain tracker Lookonchain says that Binance holds $66.91 billion worth of crypto assets while OKX and Bitfinex hold $12.41 […]
The ringleader of a Miami-based crew that defrauded banks out of millions of dollars has been sentenced to over five years in prison. In a new press release, the U.S. Department of Justice (DOJ) says that Miami resident Esteban Cabrera Da Corte has been sentenced to 63 months in prison for masterminding a scheme that […]
The past week has witnessed a downward trend for DYDX, with a decline exceeding 10%, and recent whale activity has contributed to this negative sentiment, especially following the token unlock event today. A substantial amount of 150 million $DYDX ($505.5 million), constituting 81.63% of the circulating supply, was unlocked just hours ago. Among this, 83.19 […]
rallied about 9% in November, with $38,000 proving to be a difficult obstacle to cross. Buyers have repeatedly tried to maintain the price above $38,000, but the bears have held their ground. Historically, December has been a mixed month. Coinglass data shows that in the past five years, Bitcoin rose only in 2020, but the […]
As Bitcoin ETF decision deadlines loom, there’s growing interest in figuring out when, exactly, the U.S. Securities and Exchange Commission will make its announcement. There’s a handful of spot Bitcoin ETF applications pending with the regulator. The SEC missed another window for a decision, choosing instead to extend all of its deadlines. But but there’s […]
The Swiss crypto bank SEBA Bank AG has rebranded to AMINA Bank AG. This move, which was announced on November 30, 2023, has been described by the company as a new era of potential growth for its clients globally. Franz Bergmueller, the CEO of AMINA Bank AG, mentioned in a statement on Businesswire: “While we […]
Tether will build renewable energy facilities in Uruguay and El Salvador, the new CEO told Cointelegraph.
A recent report from Grayscale Investments revealed an unexpected diversity in Bitcoin (BTC) ownership, with 74% of addresses holding less than 0.01 bitcoin, equivalent to approximately $380. Grayscale’s research dispels the inaccurate public belief that Bitcoin is predominantly owned by a few individuals, revealing around 40% of BTC’s supply is concentrated among institutions like exchanges, […]
Surging 4% this week, Dogecoin’s bullish behavior, fueled by strategic buybacks and substantial withdrawals, takes center stage as DOGE-1 lunar mission secures regulatory approval
In a move toward bridging traditional financial systems with the burgeoning world of Bitcoin, TBD, a branch of Block specializing in decentralized technology, unveiled its open source protocol, tbDEX. The protocol, designed to foster trust and liquidity across diverse financial landscapes, has seen its first adoption by Yellow Card, Africa’s leading cryptocurrency exchange, according to […]
December 1, 2023 – Zug, Switzerland TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space. EREA World AG partnered with Europäische Metallhandels (EMH) AG to develop a cryptocurrency called […]
A widely followed crypto analyst believes that Bitcoin (BTC) will cross the $40,000 level at any moment now. Pseudonymous crypto trader The Flow Horse tells his 188,600 followers on the social media platform X that he is bullish on Bitcoin because there is little reason for anyone to sell BTC under the current conditions. The […]
Understanding the Cryptocurrency Landscape: Daniel Reitberg's Prelude. In the first segment, Daniel provides a comprehensive understanding of the …
A crypto analyst has singled out an event that could be the spark that Ethereum needs to hit the price level of $3,500. He believes that the second-largest cryptocurrency by market cap is going to make this run after Bitcoin “gets its shine.” How Ethereum Will Hit $3,500 In a post shared on his X […]
The cryptocurrency exchange FTX has been granted authorization to carry out the sale of approximately $873 million in fiduciary assets as part of its recovery process following the declared bankruptcy in 2022. The approval was granted by a bankruptcy court in Delaware on November 29, allowing the company to sell these fiduciary assets to settle […]
BNB Chain, the blockchain platform that powers the BNB token and the Binance Smart Chain, has revealed the technical roadmap for its layer-2 scaling solution, opBNB. The roadmap aims to improve the performance, speed, and cost of the network, which is based on Optimism’s OP Stack. Let’s explore the opBNB Roadmap together! Our roadmap is […]
For some people, the word bitcoin still triggers an eye-roll, but by now, most of us know that cryptocurrency is here to stay. With that in mind, it’s a good idea to make sure you’re clued up and well-educated on the topic, especially if you’ve ever considered investing yourself. However, with so much misinformation floating […]
Acting President Claudia Rodríguez de Guevara, the first female head of state for El Salvador, took office on Dec. 1 and is expected to serve until June 2024.
This week saw Solana through a small increase after establishing new support above the monthly low. However, it encountered rejection as it failed to sustain recovery above a minor resistance – currently up by 2%. Sol’s bulls lost steam lately after marking a two-year high at $68 two weeks ago. It entered a consolidation phase […]
In the ever-evolving landscape of digital finance, Robert F. Kennedy Jr.’s recent remarks have sparked discussions regarding the potential impact of central bank digital currencies (CBDCs) on individual financial autonomy and privacy. Bitcoin’s Elegant Solution: Safeguarding Transactional Privacy Known for his unwavering advocacy for individual rights, Kennedy juxtaposed the decentralized nature of Bitcoin with the […]