The foundational concept of cryptocurrencies is one of decentralization of finance to prevent institutional malpractices that result in crises …

Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in the United States. But the introduction of the much-anticipated funds ended up being a classic “sell-the-news” event. The term is a well-established concept in capital […]

A group of US senators from both sides of the aisle say the nation’s financial woes are putting the American Dream out of reach for younger generations. Senators Mitt Romney (R-Utah.) and Joe Manchin (D-W.Va.), and Representatives Bill Huizenga (R-Mich.) and Scott Peters (D-Calif.) penned an op-ed on The Hill saying the US national debt […]

As Grayscale leads exodus of Bitcoin spot ETFs, Fidelity and BlackRock shine with net inflows

Ethereum price is attempting a recovery wave above the $2,200 zone. ETH could start a decent increase if it settles above the $2,240 resistance. Ethereum started an upside correction from the $2,165 zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance […]

The lawyer convicted of laundering $400 million from the OneCoin cryptocurrency fraud was sentenced to 10 years in prison.

Chainlink appeared weak across the major timeframe but the price is still within a tight range after two months’ trading. The price will remain trapped in the range until a breakout occurs. Down 10% in a month. Despite the ups and downs in the past two months, Link is trading well above $13 after a […]

BitMEX co-founder Arthur Hayes says he thinks Bitcoin (BTC) will continue to drop in price, and that he’s prepared to load up on specific altcoins if it does. In a new analysis, Hayes notes that a 30% correction is due for the crypto king from its 2024 high of around $48,000, which it reached after […]

Top US crypto exchange Coinbase added two under-the-radar altcoins to its listing roadmap this week. The exchange’s customers may soon be able to trade Aerodrome Finance (AERO) and Velodrome Finance (VELO), according to a new announcement. Aerodrome Finance is a trading and liquidity marketplace on Base, Coinbase’s Ethereum (ETH) layer-2 scaling solution. The project is […]

Galaxy Digital, the renowned cryptocurrency investment firm, has recently released its bold predictions for Bitcoin and Ethereum in 2024. The firm anticipates a year of intense competition and unprecedented challenges, particularly for Ethereum. Super insightful report from the @glxyresearch team… They share predictions for the year ahead on everything from bitcoin ETFs to crypto and […]

The Securities and Exchange Commission (SEC) has postponed its ruling on BlackRock’s request to introduce a spot Ethereum ETF until March. As the largest fund manager globally, BlackRock submitted its application for a spot Ethereum exchange-traded fund (ETF) in November. SEC Delays Decision on BlackRock Spot Ethereum ETF According to a filing on the SEC […]

Mark Scott, the lawyer who laundered $400 million for the OneCoin crypto scam, has been sentenced to ten years in prison. He was convicted of two counts related to bank fraud and money laundering in 2019. The Sentencing after a Long Wait Scott was sentenced yesterday (Thursday) by Judge Edgardo Ramos of the US District […]

XRP price is consolidating above the $0.50 support. The price could gain bearish momentum if there is a close below the $0.50 support. XRP is showing bearish signs below the $0.525 and $0.550 resistance levels. The price is now trading below $0.525 and the 100 simple moving average (4 hours). There is a connecting bearish […]

How long is drop of Binance Coin (BNB) going to last?

Validation of transactions on a blockchain network, the participants in cryptocurrency for staking lock up a certain quantity.

Introduction The transition from Fiat Standards to the Bitcoin Standard, though highly desirable, is not inevitable or necessarily imminent. The timing and occurrence of these changes hinge on the adoption choices made by individuals, organizations, and public entities. These decisions are influenced not only by rational considerations but also by emotional and irrational factors (greed […]

A widely followed crypto analyst believes that Bitcoin (BTC) is on an uptrend despite a sharp drop from its 2024 high of nearly $49,000. In a new video update, crypto strategist Kevin Svenson tells his 71,500 YouTube subscribers that he remains bullish on the crypto king despite the negative market sentiment surrounding it. “We are […]

The co-founder and CEO of market intelligence firm CryptoQuant says he believes that blue-chip financial institutions getting involved in Bitcoin (BTC) could spark the biggest bull run yet. In a new thread, Ki Young Ju tells his 332,000 followers on the social media platform X that he expects an explosive Bitcoin bull cycle with the […]

ARB lost more than 16% in the last 7 days but has taken a slight break after finding a temporal support some days back. It appears set for a small gain but is more likely to resume selling pressure shortly. After initiating sell off from a 10-month peak two weeks ago, ARB witnessed a serious […]

UP Fintech Holding Limited, the Tiger Trade online brokerage operator, has received approval from the Hong Kong Securities and Futures Commission to upgrade its license to include dealing in virtual assets. This makes UP Fintech one of the first brokerages in Hong Kong to offer crypto trading services. Hong Kong Regulator Approves UP Fintech for […]

Michael van de Poppe, a prominent crypto analyst, recently outlined three key factors that could herald a bullish phase for Ethereum, the second-largest crypto by market capitalization. One crucial factor he identifies is Bitcoin’s current behavior. The analyst pointed out that as the market leader, Bitcoin’s recent signs of bottoming out tend to precede altcoin […]

TL;DR Ethereum announces the next Dencun update to reduce fees in Layer 2, rolling out to testnets such as Goerli, Sepolia and Holesky in the coming weeks. The upgrade, happening after Shapella, introduces changes to ETH consensus and execution, highlighting the inclusion of ephemeral “blobs” with EIP-4844 to optimize the network. Analysts predict a boost […]

TL;DR EigenLayer Drives Liquid Restaking: EigenLayer is leading the liquid restaking trend, generating $600 million and attracting interest in DeFi. Pendle and Advanced Restaking: Pendle allows for restaking of already staked crypto, offering compounding return opportunities. Multi-Chain Commitment and Layer 2 Competition: Increase in multi-chain commitment and intense competition between Ethereum’s Layer 2 anticipates a […]

Changpeng Zhao, the founder of the crypto exchange Binance, encountered a setback last month when a federal judge denied his request to travel to the United Arab Emirates. CZ proposed using his substantial $4.5 billion stake in Binance as collateral, based on the company’s valuation from its last fundraising round two years ago. However, the […]

Trezor, the cryptocurrency wallet service, has issued an urgent warning about a phishing attack that could affect users of Bitcoin, XRP, and other cryptocurrencies

Cryptocurrency is a digital or virtual currency not regulated by a bank or financial institution and may be used for purchases or investments.

Former Republican presidential candidate Vivek Ramaswamy says greenlighting a central bank digital currency (CBDC) in the US will have repercussions on the citizens’ financial freedom. In a new interview with Bloomberg Television, Ramaswamy says the government may use the digital dollar to go after those who oppose them. “A central bank digital currency, I believe, […]

Pomp, appearing on an interview with Bloomberg, was as bullish on crypto as ever, suggesting investors should continue educating themselves on the industry. He believes that altcoin ETFs are on their way, and that their approval will drive new funding and innovation in the sector. Anthony Pompliano also spoke to Coinbase’s recent struggles, suggesting the […]

Real-world assets (RWAs) are taking the crypto industry by storm, with Binance and Chainlink just two of the big names heavily involved in this sector. Tokenisation involves representing off-chain data (usually a physical asset) on-chain via a fungible or non-fungible cryptocurrency. Fractional investing is the main use of tokenisation for now, but its potential use […]

Today, BTC-only exchange Swan Bitcoin unveiled its new mining division, Swan Mining, which was previously operating in stealth mode, according to a press release sent to Bitcoin Magazine. The division is now positioned under Swan Institutional, with a focus on securing the Bitcoin network while contributing to the expansion of energy production and stabilization of electrical […]

A recent report has unveiled a concerning surge in cyber-attacks orchestrated by North Korea-linked hackers, indicating a growing trend in the targeting of cryptocurrency assets. The analysis firm’s findings revealed that in 2023, these hackers conducted a staggering 20 attacks, marking the highest number recorded since such record-keeping began in 2016. North Korean Cyber Threats […]

The price of Bitcoin has been on a bearish trend for the past few days now, which has led to several crypto analysts predicting an even more bearish action for the crypto asset in the near future. Bitcoin Price To Crash To $38,130 Ali Martinez, a well-known cryptocurrency analyst and enthusiast, has shared a worrying […]