The scalability of financial technologies depends on legal system adaptability. India, with 93 million cryptocurrency owners, …

Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal over interest rate cuts.

Market is indeed seeing recovery, but its fundamental strength could be gone

Cryptocurrency analyst and trader Kevin Svenson is saying that two catalysts could have bullish implications for Bitcoin (BTC). Svenson tells his 79,100 YouTube subscribers that the stock market and the global money supply are “supporting the idea of a rebound, a recovery, possibly new all-time highs” for Bitcoin. “The S&P 500 [stock index] has defied […]

Crypto strategist Michaël van de Poppe believes that Bitcoin (BTC) is heading for new all-time highs (ATHs) if it breaks through one key level. The analyst tells his 723,200 followers on the social media platform X that if Bitcoin bounces 2.25% from its current value it could hit a new ATH by early September. “It […]

Bitcoin was not a big topic at the Democratic National Convention (DNC) this week. None of the speakers at the event uttered a word about the electronic cash system or other crypto assets from the event’s main stage at Chicago’s United Center. And you’d have been hard pressed to have overheard a conversation on Bitcoin […]

PayPal is stepping up its game in the crypto world by partnering with Anchorage Digital to offer rewards for holding its stablecoin, PYUSD. This move aims to attract institutional investors by giving them a reason to keep PYUSD in their portfolios.  Source: https://cryptoslate.com/ Anchorage Digital, the only U.S. crypto firm with a federal bank charter, […]

Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and […]

TL;DR No IPO Plans: New CEO Richard Teng confirms Binance has no plans for an IPO, emphasizing the company’s strong financial position and profitability since its early months. Focus on Compliance: Binance has increased compliance spending by 36% to build better relationships with global regulators and aims to transform into a board-led organization. Addressing Past […]

TL;DR The crypto industry has invested over $119 million in the 2024 elections to support pro-crypto candidates, with Coinbase and Ripple leading the donations. Some controversy has arisen over corporate influence in politics. Since 2010, the crypto sector has contributed $129 million in political donations, representing 15% of all corporate spending on federal elections. The […]

[PRESS RELEASE – Amsterdam, Netherlands, August 22nd, 2024] Hivello, a leading aggregator of decentralized physical infrastructure networks (DePINs), has announced a strategic partnership with Mysterium Network, a pioneer in decentralized networking and VPN services. This collaboration aims to integrate MystNodes into the Hivello platform, driving mutual growth, enhancing network capabilities, and expanding user engagement within […]

The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly a billion in assets under management held locally, in partnership […]

Casts light on how shady crypto characters defraud consumers but offers little on how to control them.

Crypto wallets with easier sign-in options and recoverable passwords could become the industry standard in the future.

A closely followed crypto strategist believes that one top-10 altcoin is about to move another leg up. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that that he thinks BNB, the native asset of the DeFi protocol Binance Smart Chain, will witness higher prices this year. He also believes […]

A recent snapshot of Bitcoin’s holder landscape reveals intriguing insights. As of August 21, 8.08 million addresses held mere crumbs of BTC, worth less than $1, while a mere 10,130 addresses boasted impressive holdings of over $10 million. Meanwhile, a staggering 54.07 million addresses held BTC at its current price, with a significant 82.20% of […]

Bitcoin could be on verge of rally if this pattern plays out as expected

As the meme coin market continues to evolve, investors are always on the lookout for the next big opportunity. Recently, Base Dawgz (DAWGZ) has captured significant attention, particularly due to its impressive presale performance, which has now exceeded $3 million. However, despite the excitement surrounding Base Dawgz, a growing number of its holders are beginning […]

A decentralized finance (DeFi) platform based on the smart contract platform Solana (SOL) is drafting a proposal to settle with the U.S. Securities and Exchange Commission (SEC). In a new community proposal, the decentralized autonomous organization (DAO) of Mango Markets (MNGO) has voted to settle with the SEC even though the regulator hasn’t formally charged […]

A closely followed crypto analyst says that one competitor of Solana (SOL) could skyrocket by 30% while updating his outlook on Bitcoin (BTC) and other digital assets. In a new strategy session, crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that one key metric is flashing a buy signal […]

Around 18,400 Bitcoin options contracts are due for expiry on Friday, August 23. They have a notional value of around $1.1 billion. Today’s options expiry event is a little smaller than last week’s, so its impact on spot markets is likely to be limited. The much larger month-end expiry event next week has a notional […]

The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder […]

An Austrian businessman adjudicated bankrupt in Ireland with debts of €35m had his period of bankruptcy extended by a year-and-a-half amid claims …

Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000.

Sorry, Bitcoin bears. The leading cryptocurrency might never drop below $38,000 again

Bitcoin (BTC) has been gathering some momentum in the crypto sphere lately, crossing the $60,000 mark against multiple analysts’ signals. The world’s leading cryptocurrency has been on a wild ride, with its price fluctuations going haywire during the past few weeks. Bullish Factors Driving Bitcoin Price One major driver behind the recent price surge in […]

An Australian federal court today (Friday) ruled that Bit Trade Pty Ltd, which operates the Kraken crypto exchange in the country, violated the design and distribution obligations (DDO) while offering margin trading products to local customers. A Partial Victory for ASIC The ruling came after the Australian Securities and Investment Commission (ASIC) sued the company […]

Ex-Goldman Sachs executive Raoul Pal thinks one controversial sector of altcoins is primed to outperform other crypto assets in the coming months. Pal tells his 1 million followers on the social media platform X that the crypto world “hates” tokens with high valuations and low initial circulating supplies, otherwise known as low float/high fully diluted […]

Ripple’s CLO Stuart Alderoty is uncertain but wouldn’t be surprised if the SEC decides to appeal the recent court ruling. The SEC, having sought US$2 billion, may consider appealing despite a US$125 million fine against Ripple. Appeals are challenging as the Second Circuit court seldom reverses lower court decisions, with less than a 10% overturn […]

The victim, Kevin Mirshahi, was the owner and operator of private group called Crypto Paradise Island.

Many in the industry don’t expect the Vice President to mention digital assets at the DNC, but her views on technology and regulation could signal a shift from Biden-era policies.

Bitcoin’s price has been on a rollercoaster throughout the past few days but it appears that, at least for now, the bulls have the upper hand. They were successful in reclaiming the important technical and psychological level of $60K and are currently attempting to push BTC above $61,000. Source: TradingView However, we are headed for […]