A closely followed on-chain analyst says that one key indicator is illustrating the strength of Bitcoin’s (BTC) bull market. Pseudonymous on-chain analyst Checkmate tells his 95,600 followers on the social media platform X that the short-term holder spent output profit ratio (STH-SOPR) is signaling a sustained Bitcoin uptrend. The STH-SOPR tracks the profit or loss […]

In the rapidly evolving cryptocurrency landscape, market makers play an increasingly vital role, particularly in the realm of DEXs (decentralized exchanges). As the industry shifts towards more decentralized models, the importance of efficient market-making strategies has become paramount. The evolution of cryptocurrency exchanges The cryptocurrency market has witnessed a significant transformation in recent years. While […]

India has decided to uphold its existing crypto tax regulations for the 2024/25 fiscal year despite ongoing appeals from industry leaders for a reduction in the current rates. Finance Minister Nirmala Sitharaman confirmed this decision during her budget presentation on Tuesday for the 2024/25 fiscal year. India’s Latest Budget Keeps 1% Crypto TDS India’s latest […]

Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with local dealers preparing for regulatory changes, while in China, discounted prices reached […]

TL;DR Ethereum remains stable after the approval of its ETFs in the U.S., registering a slight increase of 0.42% and settling around $3,460. Bitcoin shows volatility, falling to $66,000 due to Mt. Gox transfers, and a distribution of $9 billion in BTC to creditors is expected. Citi upgrades Coinbase’s rating to ‘buy’ with a price […]

Entrepreneur and Bitcoin supporter, Mark Cuban, says Kamala Harris’ team have reached out to him with multiple questions about crypto. Cuban has also said he’s hearing that a potential Harris administration would be “far more open” to business, AI and other tech innovation. Harris hasn’t publicly discussed her views on the crypto industry, but these […]

BlackRock’s highly successful ETF recorded $525 millon worth of inflows on Monday

Metaplanet Inc., a Japanese public company listed on the Tokyo Stock Exchange, has announced a partnership with Hoseki, a global leader in Bitcoin verification solutions, to launch a Bitcoin proof of reserves system. This collaboration aims to enhance transparency and trust in Metaplanet’s Bitcoin holdings through Hoseki Verified, a Bitcoin verification product. “Companies like Metaplanet […]

Traders on the crypto betting platform Polymarket are giving President Joe Biden about a four in 10 odds that he won’t finish his term. The latest data from Polymarket shows that there is a 61% chance that Biden will hold on to his presidency until the completion of his term on January 20th, 2025. Says […]

As BlockDAG’s Presale Approaches $60.4M, Blockchain Experts Favor Its Efficiency Over Solana & MATIC Prices BlockDAG, along with Solana and MATIC, has been making waves due to their remarkable performance and optimistic predictions. BlockDAG is distinguished as the leading investment choice. It integrates a pioneering Directed Acyclic Graph (DAG) framework with a strong Proof-of-Work consensus […]

Ether (ETH), the native cryptocurrency of the ethereum blockchain, traded down less than 1% around the $3,400 level as of 1:30 p.m. ET, while bitcoin …

Crypto gaming is making a comeback with Immutable leading the charge. This led IMX, the native token of the platform, to give strong bullish signals, giving investors and traders a substantial 10% uptick since last week.  The move was supported by an increase in activity within the Immutable network itself, with more than enough game […]

The spot ETH ETFs are live, but how are pro traders positioned in the options market?

A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that a sharp uptick in ethereum price from the ether ETFs could lead […]

The US government transferred 58.742 BTC – worth nearly $4 million, to crypto exchange Coinbase on Monday. According to the latest data compiled by blockchain analytics firm Arkham Intelligence, the transfer came from an address labeled “US Government: Ryan Farace Seized Funds,” identified on the blockchain as 3B2jEBZi8fJWGEDrh6Pe7hDMaJ6iGfFtaU. These funds were confiscated three years ago […]

The highly anticipated spot Ethereum (ETH) exchange-traded funds (ETFs) have officially gone live for trading after months of delays. On Tuesday morning, ETFs from BlackRock, Fidelity, 21Shares, Invesco, Franklin Templeton, VanEck, Grayscale and BItwise hit the market, so far exceeding expectations according to some experts. According to Bloomberg’s ETF analyst Eric Balchunas, all of the […]

Billionaire Mark Cuban reportedly believes Kamala Harris would take a more welcoming approach to business, cryptocurrency and artificial intelligence (AI) than the current US president. In a new report from Politico, the Shark Tank star says that the current Vice President and potential Democratic nominee for US president will usher in a more favorable crypto […]

TL;DR Whales have acquired over 140 million XRP tokens in the last week, valued at approximately $84 million, suggesting strong confidence in its future. Analyst Armando Pantoja predicts that the cryptocurrency could reach $0.8, provided it surpasses the resistance between $0.70 and $0.75. There is speculation about the outcome of the lawsuit between Ripple and […]

Real Bedford FC has added more Bitcoin to its treasury as more sports clubs become crypto-friendly Metaplanet, an investment firm in Japan, has simultaneously purchased over 20.38 BTC as part of its one billion yen purchase plans. Metaplanet and Real Bedford now hold 245.99 and 82.7 BTC, respectively. UK-based football club Real Bedford FC is […]

SunnySide Digital (SunnySide) and Cryptech Solutions (Cryptech), two wholesale distributors and service providers for digital asset mining and HPC data center equipment, have joined forces to launch Synteq Digital (Synteq). Synteq Digital aims to meet the needs of the digital mining and HPC industries at scale by growing the reach of its digital hardware wholesaling […]

Samson Mow points out ‘abysmal’ ETH price action ahead of Ethereum ETF launch

Marathon Digital Holdings, Inc., the largest Bitcoin mining company by market capitalization, has been ordered to pay $138 million in damages following a unanimous jury verdict in a breach of contract lawsuit. Marathon Digital Hit with $138 Million Verdict in Contract Breach Case The verdict, issued in a federal court, concluded that Marathon had breached […]

Certified Cryptocurrency Investigator – Advanced Series (CCI-A). Blockchain Intelligence Group (BIG), a global leader in cryptocurrency investigations …

On-chain data shows Chainlink has just seen a level of decline in its exchange reserve that last led to a massive rally for the cryptocurrency. Chainlink Exchange Supply Has Dropped By 1.6% In The Past Month According to data from the on-chain analytics firm Santiment, Chainlink has observed significant outflows from exchanges recently. The indicator […]

An attacker appears to have installed a token-draining program on the official domain for dYdX version 3.0.

Crypto News: Who is the CEO of BlockDAG, Why Render Moves to Solana and What is Making Mantle’s Price Surge?  Render and Mantle have made headlines with their recent market activities and network developments. Render Network (RNDR) is transitioning from Ethereum to Solana to benefit from faster, cheaper transactions, while Mantle’s price surge has drawn […]

Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold will rise from $2,400 to $3,300 an ounce, silver from $29 to $79 an ounce, and bitcoin from $67,400 to […]

India-based crypto exchange WazirX is increasing a reward offer in hopes of recovering the $230 million that hackers stole from the platform. In a new announcement, WazirX says they are increasing the reward to 10% of the stolen funds, or $23 million. “We invite white hat hackers, blockchain forensics experts and cybersecurity professionals from around […]

[PRESS RELEASE – Willemstad, Curacao, July 23rd, 2024] The Fairspin iGaming platform has launched the Play to Earn and Hold to Earn programs, offering users opportunities for additional cryptocurrency rewards. Digital currencies have moved beyond being mere buzzwords, providing unique advantages over traditional payment methods. The integration of cryptocurrencies has significantly impacted the iGaming industry, […]

The world of financial assets and alternative currencies has officially arrived to Bitcoin. If it wasn’t clear already following the slew of new protocols birthed by the Ordinals’ movement, the release of Lightning Labs’ Lightning-native Taproot Assets protocol feels like a consecration to the phenomenon. More than two years after the protocol was originally announced, […]

After a decade-long wait, creditors of the now-defunct Mt. Gox Bitcoin exchange have finally begun receiving their owed Bitcoin (BTC) and Bitcoin cash (BCH) via the Kraken and Bitstamp crypto exchanges.  However, this had a notable impact on the cryptocurrency market, contributing to a nearly 4% drop in the price of Bitcoin after users confirmed […]

Selini Capital and Wintermute Trading are reportedly bidding on dYdX’s v3. The protocol’s v3 version was compromised on July 23.