The US Government has seized $5.25 million in six bank accounts at JPMorgan Chase, alleging the funds are the proceeds of a sophisticated fraud scheme. A complaint filed by the US Justice Department says the funds were stolen from a workers union in Massachusetts that was tricked into wiring millions of dollars directly to scammers. […]

[PRESS RELEASE – New York, New York, June 14th, 2024] Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership with Lurk Lab to build out a Zero-Knowledge tech stack on the Kadena blockchain that will pave the way for provably secure cross-chain messaging. Kadena and Lurk Lab are developing a robust ZK […]

Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should take meaningful steps to position the UK as a global hub of digital assets, tokenization and fintech,” said Coinbase. Stand With Crypto Publishes […]

In this episode of The Bitcoin Show, host Jim Csek from NowMedia spoke with Scott Dedels, CEO of Block Rewards, about how cryptocurrency is stored and …

TL;DR BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA) to foster the growth of the Web3 ecosystem, offering support to emerging blockchain projects through events, grants, and investment opportunities. The BIA provides a Launch-as-a-Service (LaaS) package worth up to $300,000 in free services, including infrastructure, security, and marketing support, to help decentralized applications (dApps) launch successfully. It’s a global […]

TL;DR The price of Notcoin (NOT) has increased by 12.42% in the last 24 hours, reaching $0.01936. The TON network has surpassed Ethereum in the number of daily active addresses, driven by games on Telegram such as Notcoin and Hamster Kombat. Strategic partnerships, such as that of Telegram and Tether, have significantly contributed to the […]

The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March.  Market expert Michael van de Poppe has shed light on the reasons behind this ongoing bloodbath, highlighting several key factors that have contributed […]

Seasoned trader Peter Brandt is expressing bearish sentiment on Bitcoin (BTC) as the flagship crypto asset’s price hovers about 10% below the all-time high reached three months ago. Brandt tells his 729,100 followers on the social media platform X that Bitcoin is exhibiting a bearish chart pattern on the daily time frame. Based on Brandt’s […]

BlockDAG Takes Center Stage In Crypto With Breakthrough Keynote & Anticipated 30,000x ROI, Outstripping Fantom & Notcoin As the interest in well-known projects like Fantom and Notcoin starts to fade due to their declining prices, attention is turning towards rising stars in the crypto world like BlockDAG. This leading layer-1 project has quickly become a […]

Samson Mow believes that odds of Bitcoin Omega candle are getting bigger, while report says that FOMO is on rise

This week’s Crypto Biz explores the corporate battle between Riot Platforms and Bitfarms, Tether’s $1 billion budget for startups, Ripple Labs’ new custodian deal, and more.

Omnichain tokenization platform Holograph’s native token, HLG, fell nearly 80% in value following a recent hack. The malicious actor exploited a vulnerability in the protocol’s operator contract, minting 1 billion HLG tokens that were initially valued at approximately $14.4 million. The Holograph Exploit Holograph confirmed the breach on their X account, assuring users that the […]

The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality. 94% of Surveyed Central Banks […]

The Philippines, a nation known for its vibrant culture and growing economy, is wading into the ever-evolving world of cryptocurrency. With the …

In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by 2033. This bullish outlook is underscored by a new wave of adoption via US spot Bitcoin exchange-traded funds (ETFs) managed by heavyweight […]

Major Wall Street firm Bernstein has made a bullish long-term prediction for Bitcoin’s price, saying it could reach $1 million by 2033. JUST IN: $779 billion Bernstein says #Bitcoin will likely hit $1 million. Predicts $200,000 price by 2025 🚀 pic.twitter.com/zBp3o09OoL — Bitcoin Magazine (@BitcoinMagazine) June 14, 2024 In a new report initiating coverage of […]

TL;DR Ethereum Demand Increase: Long-term holders have accumulated $1.34 billion in ETH, with a single-day purchase of 298,000 Ether tokens on June 12, indicating strong confidence despite recent price drops. Ether Price Stability: Despite an 8.49% drop over the past week, Ether has maintained a level above $3,400, with current trading around $3,500, a historically […]

TL;DR MicroStrategy receives a positive evaluation from Bernstein with optimistic projections about Bitcoin’s price, predicting it could reach $1 million by 2033 and a cycle high of $200,000 by 2025. MicroStrategy becomes the top corporate owner of Bitcoin, holding 1.1% of the global supply, valued at approximately $14.5 billion. Bernstein assigns MicroStrategy a “outperform” rating […]

Notcoin (NOT) skyrockets past Shiba Inu (SHIB) in dramatic shakeup of cryptocurrency rankings

A board member of the Bitcoin Voter Project described the group as nonpartisan and planned to take a different approach than initiatives like Stand With Crypto.

UwU Lend (@UwU_Lend) has been hit by another attack, losing 1,064 ETH (approximately $3.7 million) just a few hours ago. This follows a series of three attacks two days ago, during which the platform lost a total of 4,907 ETH (around $17.1 million). In total, UwU Lend has suffered losses amounting to 5,971 ETH (approximately […]

Fidelity Investments’ global macro director Jurrien Timmer says that for Bitcoin (BTC) to hit fresh all-time highs (ATHs) one key event must occur. Timmer tells his 186,600 followers on the social media platform X that Bitcoin adoption may need to increase before the crypto king can print new ATHs. “The growth of Bitcoin’s network has […]

A widely followed trader and analyst is updating his outlook on a medium-cap crypto asset that has skyrocketed by quadruple-digit percentage points since January. The trader pseudonymously known as Altcoin Sherpa tells his 217,100 followers on the social media platform X that the utility token of Ondo Finance (ONDO), a crypto project focused on the […]

U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On June 13, Donald Trump met with Republican lawmakers in Washington and reportedly discussed abolishing income tax. According to sources from several […]

Miners are selling their bitcoin again as the cryptocurrency struggles to hold on to $70,000. Published Thu, Jun 13 202412:41 PM EDT Updated …

Polkadot (DOT), the self-proclaimed “King of Interoperability” and once a darling of 2021’s bull run, is currently trading around $6.42, a far cry from its November 2021 peak of nearly $60. A flicker of optimism about DOT remains despite the general bearish outlook, as technical analysis points to a potential price turnaround in the horizon. […]

Ethereum has continued to face challenges staying above the $4,000 mark, mirroring the lack of momentum in the broader market. While the investors await for a rally, data suggest a surge in demand for the world’s largest altcoin. Permanent Ethereum Holders Bought Big According to CryptoQuant head of research Julio Moreno’s recent findings, Ethereum’s demand […]

MicroStrategy, led by CEO Michael Saylor, has increased the size of its planned stock sale to raise additional funds to purchase Bitcoin. The company is now seeking to raise $700 million, up from the previously announced $500 million. BREAKING: MicroStrategy increased its raise to $700 million to buy more #Bitcoin pic.twitter.com/B2I2uk98Ie — Bitcoin Magazine (@BitcoinMagazine) […]

The new NiceHash firmware will combine the advantages of two products.

Peter Schiff has slammed Michael Saylor over his aggressive leveraged Bitcoin buying

TL;DR Michael Saylor presents “21 Rules of HODLing Bitcoin” at the BTC Prague conference. Luke Broyles expands and complements Saylor’s rules with his own insights into Bitcoin. Both highlight the importance of strategic investment, respect for Bitcoin, and positive promotion of the cryptocurrency. At the recent BTC Prague conference, Michael Saylor, CEO of MicroStrategy, captured […]

TL;DR NiceHash and Marathon Digital Holdings collaborate to launch a custom firmware designed to optimize Bitcoin ASIC miners. The firmware includes features such as auto-tuning, customizable cooling profiles, and thermal protection, promising to enhance ASIC device efficiency. Available through platforms like ASIC Manager and Foreman, the firmware offers a fee of 2%, reduced to 1.4% […]