Enhancing Creditworthiness with Bitcoin in a Debt-Intensive Economy Since US President Richard Nixon announced in 1971 that the US dollar would no longer be convertible into gold at a fixed rate, central banks around the world have started operating a fiat-based monetary system with floating exchange rates and no currency standard. As a result, the […]
The New York Stock Exchange mandates all listed securities to maintain an average closing price of $1 or more.
A Bloomberg report says Ben Armstrong and NBA player Jimmy Butler have agreed to a US$340,000 settlement to resolve allegations of promoting unregistered securities through Binance. The settlement, which still requires judicial approval, allows Binance securities purchasers to raise objections during a hearing before it is finalised. Armstrong denied the news, stating that he had […]
Cardano is entering its final roadmap phase, the “Voltaire” era, marked by the upcoming Chang hard fork, which will introduce community governance and is targeted for August 27, 2024. The hard fork will also establish a treasury system to manage financial resources, fund development projects, and support community initiatives, ensuring the network’s sustainable growth. The […]
Tron is currently seeing historic levels of trader interest on the backdrop of a newly launched meme coin deployer and price pump. According to Santiment, TRX has emerged as the top trending asset in the crypto market, fueled by the debut of – SunPump – on August 12th. Tron’s Meme Coin Boom Since the launch, […]
Hong Kong’s push to become a digital-asset hub is facing challenges as uncertainty grows over whether 11 cryptocurrency exchanges will successfully obtain full licenses. These firms had received initial approvals earlier this year. The Securities and Futures Commission (SFC) of Hong Kong found several issues at some of the “deemed-to-be-licensed” platforms during inspections conducted since […]
Phoenix and Tether said in a joint statement that the dirham stable coin will be accessible globally and “fully backed” by liquid UAE-based …
Ethereum price is consolidating above the $2,550 resistance. ETH could gain bullish momentum if it clears the $2,650 resistance zone. Ethereum is struggling to gain pace for a move above the $2,650 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at […]
The Tennessee Attorney General’s Office has issued a QR code scam alert, warning consumers about fraudulent QR codes used in various scams, including fake cryptocurrency investments. Consumers are urged to verify sources, check codes for tampering, and use secure scanner apps. Tennessee Attorney General Warns of QR Code Scams The Tennessee Attorney General’s Office issued […]
Shiba Inu burn rate is positive for second time this week
In Part 2 of The Agenda’s one-year later episode, CryptoHarlem, OriginTrail and The Blockchain Socialist share their thoughts and plans for 2025.
A cryptocurrency whale has sold off tens of millions of dollars worth of Solana (SOL) since the year started, on-chain data shows. According to blockchain tracker Lookonchain, the whale initially sold the first batch of SOL on January 15th. Over the ensuing weeks and months, the whale unloaded 614,000 SOL worth $89 million on Coinbase, […]
HodlX Guest Post Submit Your Post One main goal of investing is to ensure that your money works for you at all times, whether that’s through a savings account you barely look at or through high-activity stock trading. In the past, a savings account yielding 10 percent was a reliable and safe option for many […]
Binance has announced its support for the rebranding of the $FRONT token to $SLF, coinciding with a 33% surge in the token’s value. The token swap and rebranding are part of Frontier’s transition to Self Chain, a modular, intent-centric Layer 1 blockchain with keyless wallet infrastructure. Starting on August 27, Binance will delist all existing […]
Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million pre-seed funding round led by Tim Draper and his firm, Draper Associates. While the technical feasibility of Ark’s approach was initially debated, today’s announcement is […]
Terraform Labs (TFL) – the bankrupt cryptocurrency firm co-founded by Do Kwon – is set to face a Chapter 11 bankruptcy reorganization hearing on September 19. The hearing will be crucial in shaping the company’s future as it navigates the aftermath of the Terra ecosystem’s dramatic collapse in 2022, which triggered extensive legal and financial […]
Germany’s Federal Financial Supervisory Authority, known by its abbreviation BaFin, has seized approximately 25 million euros ($28 million) in cash in a nationwide crackdown against cryptocurrency automated teller machines (ATMs). Crackdown on Crypto ATMs According to an official statement released yesterday (Tuesday), the German regulator raided 35 locations across the country and seized 13 ATM […]
US-based Solana ETFs look unlikely to happen in the short term following the removal of 19b-4 filings from the Cboe website, but a VanEck exec says the firm continues to believe SOL is a commodity and is confident SOL ETFs will eventually exist. VanEck’s position is based largely on a legal case from 2018 where […]
India is gearing up to regulate cryptocurrency and is asking for public input. A consultation paper by the Department of Economic Affairs is …
Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the […]
A crypto analyst and trader believes that a “monumental breakout” is just around the corner for Bitcoin (BTC). The analyst pseudonymously known as Rekt Capital tells his 82,400 YouTube subscribers that Bitcoin may be about to enter the parabolic phase of the market cycle based on historical precedence. “And when it comes to breaking out […]
A widely followed cryptocurrency analyst and trader is expressing bullish outlook on altcoins. The analyst pseudonymously known as Sherpa tells his 220,000 followers on the social media platform X that altcoins are likely to experience another rally similar to the one that occurred between November of 2023 and March 2024. On when the next altcoin […]
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital infrastructure and ethical concerns hinder its adoption. Africa’s Agenda 2063 According to the head of an African […]
Crypto community stunned by huge surge in TRON’s trading activity
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.
TL;DR Story Protocol has raised $80 million in a Series B round led by A16z Crypto, bringing the total raised to $140 million. The platform aims to tokenize intellectual property and protect creators from exploitation by major tech companies and large language models. Over 200 teams and 20 million IPs are building on Story Protocol, […]
Miami-based Bitcoin startup TMRW has raised $1.3 million in pre-seed Funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple VC led the funding round, and Bitcoin angel investors like Brad Mills joined the round. TMRW aims to leverage the Lightning Network’s speed and low costs to enable cross-border peer-to-peer payments […]
The Base network’s leading memecoin, BRETT, is experiencing a significant rally today, as its market cap soars back over $1 billion. In the last 24 hours, BRETT has surged over 36%, far outpacing most other major cryptocurrencies, which have struggled to post gains of more than 10%. Trading volume for BRETT has also spiked by […]
A publicly listed Bitcoin (BTC) miner from Wall Street, BitFuFu Inc. (NASDAQ: FUFU), has reported a significant increase in crypto mining costs and a sharp decline in net income for the second quarter of 2024, despite strong revenue growth. Bitcoin Miner BitFuFu Reports Surging Costs, Lower Profits in Q2 The company’s cost to mine one […]
The native token of a cross-chain bridge project is in the green after top US crypto exchange Coinbase suddenly announced its trading support. In a new Coinbase announcement, the platform says it is listing cross-chain bridge Across Protocol (ACX) for trading over the Ethereum (ETH) network. “Trading will begin on August 21st, 2024 at or […]
Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term […]
More and more companies in the UAE will look into including cryptocurrencies as part of the salary package in the coming years following the …