TL;DR Economic Events: Inflation data impact: The release of the US Consumer Price Index (CPI) and Producer Price Index (PPI) for August could lead to increased market volatility, especially if inflation figures are higher than expected. Federal Reserve Decision: The Federal Reserve’s interest rate decision on September 18th is crucial. Any hints of a rate hike […]
TL;DR Aave introduces EtherFi market: Aave DAO has launched a new EtherFi market within its v3 protocol to enhance liquidity for wrapped Ether (weETH) and stablecoins, addressing the high demand for stablecoin borrowing. Improved borrowing experience: The new market aims to ease liquidity constraints by providing leverage for stablecoins like USDC, PYUSD, and Frax, making […]
Michael Saylor believes Bitcoin will rise to US$13 million in the next 20 years. Saylor encouraged companies to accrue and hold BTC, as its share of global capital could rise from 0.1% to 7%. The entrepreneur also stated that Republicans are more progressive than Democrats on crypto issues. Despite Bitcoin’s recent downfall to US$53K (AU$79.6K) […]
The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023.
BlackRock has recorded its second outflow since May
XRP price started a recovery wave above the $0.5320 level. The price could gain pace if it clears the $0.5480 and $0.550 resistance levels. XRP price is aiming for a move above the $0.550 resistance zone. The price is now trading above $0.5320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend […]
Russia is looking at crypto to mitigate the effect of sanctions and bolster its international payments ability, according to a new report from Chainalysis. Chainalysis says that Russia is positioning itself in an attempt to overtake the US as the global leader in crypto mining, passing a new bill allowing legal entities and registered entrepreneurs […]
An analyst who nailed the pre-halving Bitcoin correction believes BTC and crypto are close to witnessing either a bounce or a sustained reversal. Pseudonymous analyst Rekt Capital tells his 499,300 followers on the social media platform X that Bitcoin and crypto have been seeing strong selling pressure as of late. The analyst thinks that sellers […]
MicroStrategy Executive Chairman Michael Saylor predicted on Monday that Bitcoin will reach $13 million over the next two decades. The billionaire explained why the leading digital asset’s recent volatility hasn’t frightened his company, and the advantages for investors to buy into MSTR instead. Bitcoin To $13 Million, Says Saylor During an interview with CNBC, Saylor […]
Ron Paul, a former U.S. representative and presidential candidate, has stated that even when it comes from proposals from high echelons of power, government efficiency is an oxymoron. Paul explains that governments are not individuals, and can’t rationally economize, because their decisions are politically based and cannot ever be “efficient.” Ron Paul Criticizes Proposed Musk-Led […]
For many years, crypto has been fended off accusations of being a solution in search of a problem. Another way of putting it is that product-market fit is an issue, or that crypto needs a killer app. It’s worth distinguishing here also between bitcoin and the rest of crypto. Bitcoin can claim a category of […]
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. With the Fourth Halving in the rearview mirror, it seems a perfect time to provide some on-record analysis of Bitcoin from the perspective of Number and Time, aka Crypto-K, which is the name for a methodology my friend and I […]
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia’s crypto ecosystem.
TL;DR A16z’s Fall 2024 Crypto Startup Accelerator: Andreessen Horowitz (a16z) launches its Fall 2024 Crypto Startup Accelerator (CSX) in New York, featuring 21 innovative startups from 11 countries. Substantial Support: Each startup receives at least $500,000 in investment, along with guidance from top crypto founders and insights from a16z’s investment teams. Program Duration and Future […]
… cryptocurrency.'” From there, Barnacle said, the victim is given a web app to place their money in. “Everyone reads about all these crypto …
Solana started a recovery wave from the $120 zone. SOL price is rising and might aim for a move toward the $150 resistance level. SOL price started a recovery wave above the $125 level against the US Dollar. The price is now trading above $128 and the 100-hourly simple moving average. There is a connecting […]
US governmental authorities are attempting to gain access to an incarcerated Binance employee in Nigeria, according to a local reports. In February of this year, Binance executive Tigran Gambaryan was arrested alongside a colleague, Nadeem Anjarwalla, who managed to escape the country. The pair had traveled to Nigeria to engage in regulatory talks. Gambaryan has […]
Does price of SHIB have enough energy to rise upcoming week?
Metaplanet, a publicly listed Japanese company, announced it had purchased 38.6 Bitcoin for 300 million yen (approx. $2.2 million), bringing its total Bitcoin holdings to 398.8 BTC. This latest Bitcoin acquisition comes after Metaplanet announced in August that it would raise 10.08 billion yen to purchase more Bitcoin, part of its broader corporate strategy to […]
The alternative stablecoin market is evolving, and projects like Ethena are leading the way, with a total value locked of $2.7 billion.
Sections of the crypto community are accusing Democratic leaders of paying lip service to the sector while failing to deliver any actual support. This follows Kamala Harris’s policy priorities, which omitted cryptocurrency, and Chuck Schumer’s letter to senators outlining key bipartisan legislation that also excluded it. Harris’s Policy Fails to Mention Crypto This morning, Vice […]
The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital currencies. The FBI further noted that crypto fraud represents nearly half of total losses. […]
A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday. According to on-chain data tracker Lookonchain, a deep-pocketed whale with an Ethereum (ETH) address beginning with Oxceef was close to being liquidated on the decentralized finance (DeFi) platform Compound after Bitcoin dropped to […]
The crypto sector is currently enduring a “quiet quitting crisis,” according to a hedge fund and digital asset veteran. Quiet quitting, a term that was popularized in 2022, refers to employees who do the bare minimum level of work their jobs require and “quit” the idea of doing anything extra. Travis Kling, the founder and […]
WASHINGTON — Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report …
Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this […]
The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries.
TL;DR Ether.fi is launching the ‘Cash’ credit card in collaboration with Scroll, allowing the use of cryptocurrencies as collateral and offering a 3% cash-back reward. The card, available from September 16, is compatible with mobile payment providers like Apple Pay and will enable gasless transactions. The card will not be available in the United States […]
San Francisco, United States, September 9th, 2024, Chainwire Innovative startup from Ethereum Core research, Google Brain, Stanford, MIT, and CMU aims to democratize on-device intelligence, empowering users with control over their personal AI, and receiving investment from a16z CSX, Hack VC, and investors from projects like Solana, Polygon, Near, Worldcoin, etc. PIN AI, a pioneering […]
It could be possible to mine roughly $2.5 billion worth of Bitcoin per year with wasted power
Monochrome Asset Management announced its Monochrome Bitcoin ETF (IBTC) will implement proof-of-reserves verification through a new partnership with Hoseki. This makes IBTC the first Australian spot Bitcoin ETF to adopt such transparency measures. Launched earlier this year, the Monochrome Bitcoin ETF has seen steady inflows totalling 134 Bitcoin worth over AUD 11 million. The fund […]
At the end of August, the court agreed with the Australian Securities and Investment Commission (ASIC), confirming that the cryptocurrency exchange Kraken violated local regulations by offering margin products to retail clients. However, the company operating under the brand Bit Trade Pty Ltd claims that the issue is more complex. Kraken Margin Trading Ruling Exposes […]