We’re thrilled to announce that Kraken now supports deposits and withdrawals of USD Coin (USDC) on Sonic! Funding USDC funding via Sonic is already live. You can transfer USDC to your Kraken account by navigating to Funding, selecting USDC and choosing the desired deposit method (network) from the drop-down box: Sonic. Make sure to deposit […]
The IMF blocked Pakistan’s subsidised crypto power plan, citing fears of market distortions and fiscal instability. Circular debt exceeding US$4.5 billion (AU$6.84 billion) made further energy subsidies unacceptable to the Fund. Ageing grid infrastructure suffers from high transmission losses and frequent outages, hindering mining viability. Pakistan’s efforts to stimulate crypto mining through subsidised electricity have […]
Bankrupt crypto exchange FTX is asking the court to greenlight a plan that could potentially deny billions in creditor repayments to users in 49 countries where crypto faces legal restrictions. This could disproportionately impact Chinese users, who reportedly represent 82% of the affected claim value. Navigating Legal Minefields in Restricted Jurisdictions The FTX proposal, detailed […]
Bitcoin Magazine Bitcoin Treasury Companies Are Bubbles Half a year has passed since the publishing of my initial report on the company then-named MicroStrategy, now simply Strategy. Other than a name change, the company has since then broadened the arsenal of its financial products, accumulated more bitcoin, and fueled a wide array of companies copying Michael […]
Key Takeaways: BlackRock purchased 33,237.72 ETH worth $85.4 million on July 3, marking one of its largest single-day Ethereum acquisitions. The U.S. Ethereum Spot ETF market saw a dramatic turnaround, recording a total net inflow of $148.5 million in one day. Combined with earlier reports, BlackRock’s crypto portfolio has grown by $24 billion in H1 […]
Bitcoin has been gaining strength over the past several days, with price action relaying the buying interest from institutional players. A surge of inflows into spot Bitcoin ETFs helped push the price to $109,758, followed shortly after by another move to around $110,386 in the past 24 hours. This brings Bitcoin within close proximity to […]
Peter Thiel and other billionaires are planning Erebor, a new bank to fill the void left by Silicon Valley Bank’s collapse — with crypto firms and startups in focus.
A total of $8 billion worth of Bitcoin transfers could be the result of a massive theft, according to a top analyst
The United States Department of Justice has filed a civil forfeiture complaint to recover $40,300 in cryptocurrency traced to a sophisticated …
The US dollar just had the worst first-half-year performance in over 50 years and is likely to weaken even more, according to the financial data and analytics firm S&P Global. In a new report, S&P Global says the US dollar is rapidly weakening due to tariffs, threats to the Federal Reserve’s independence, rising US debt […]
The leading cryptocurrency has been stuck at the same price all week despite multiple macroeconomic events that many believe should have catalyzed positive price action. Fourth of July Lull: Bitcoin Shows Little Movement Traditional markets were closed for U.S. Independence Day, and although crypto markets never sleep, bitcoin ( BTC) appears to have been in […]
TL;DR SlowMist uncovered a fake GitHub repository posing as a Solana trading bot that stole wallet funds using hidden malware in its code. The malicious package, crypto-layout-utils, was downloaded from an external URL, scanned for private keys, and sent them to a server controlled by the attacker. SlowMist confirmed that part of the stolen funds […]
TL;DR Vitalik Buterin publicly expressed his support for Roman Storm, stating that privacy should not be seen as opposed to security, but as an essential part of it. The Ethereum Foundation contributed funds to Storm’s legal defense and matched community donations, which have already surpassed $750,000. Buterin called for expanding the use of privacy tools […]
Bitcoin Magazine Why Liquidity Matters More Than Ever For Bitcoin Global liquidity has long been one of the cornerstone indicators used to assess macroeconomic conditions, and particularly when forecasting Bitcoin’s price trajectory. As liquidity increases, so does the capital available to flow into risk-on assets, such as Bitcoin. However, in this evolving market landscape, a […]
Key Takeaways: The U.S. House of Representatives will dedicate the week of July 14 to advancing three major crypto bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. Lawmakers aim to establish a clear regulatory framework for digital assets, solidify stablecoin rules, and block the development of a U.S. central bank […]
Bitcoin may be breaking out—but don’t celebrate yet. Crypto analyst Cristian Chifoi warns that the current move is a deceptive setup likely to trap bullish traders before Bitcoin eventually surges toward $160,000. In his latest YouTube video titled “Bitcoin is breaking out! But why is it bad?”, Chifoi dismantles the optimism surrounding Bitcoin’s recent price […]
A bullish pattern on the DOGE chart points to a potential price recovery to $0.25.
The chief global strategist of financial services giant JPMorgan says that the White House’s growth projections for the US economy are unfeasible. In a new interview with CNBC Television, JPMorgan executive David Kelly says that the White House’s 3% projected growth for the economy doesn’t make sense as the US doesn’t have the means to […]
Arthur Hayes, former CEO of BitMEX, said the US government will struggle to find enough bond buyers to finance its debt while keeping yields below 5%, in order to avoid a financial crisis. Hayes argued bank-issued stablecoins could provide a new multi-trillion dollar liquidity source to prop up the US bond market. He suggested investors […]
The bill will exempt crypto transactions under US$300 from taxation, with an annual cap of US$5,000 reducing compliance requirements for small-scale users. It will remove double taxation on mining and staking rewards by deferring tax obligations until the assets are sold, with the rewards treated as ordinary income upon disposal. The legislation will clarify that […]
After weeks of sideways movement and declining volatility, XRP is showing signs of life once again. The recent liquidity sweep and the break of key technical levels suggest a potential shift in momentum. However, bulls still face several overhead resistances that could determine whether this is a short-term relief rally or the beginning of a […]
PEPE bulls stunned on 10% bearish reversal as price finds new rooms for balance
A surge in Bitcoin millionaires contrasts with a significant decline in Donald Trump’s personal crypto holdings during the first half of 2025. Bitcoin Millionaires: The Rise of the Digital Elite In the first half of 2025, the number of Bitcoin addresses holding over $1 million surged by 26,758, reaching a total of 182,327 by June […]
… cryptocurrency held on U.S.-regulated exchanges as assets for reserves in single-family mortgage loan risk assessments without requiring …
On July 4, a bitcoin whale that had been off the radar since 2011 suddenly sprang to life, shifting a massive 20,000 BTC for the first time in more than 14 years. Over that stretch, the holder saw their stash balloon in value by a staggering 141,565,494%. After the 20,000 shift, the entity moved yet […]
A crypto strategist known for making timely Bitcoin calls believes that BTC will print an astronomical new all-time high before the current cycle is over. Pseudonymous analyst Credible Crypto tells his 468,800 followers on the social media platform X that Bitcoin is likely on the verge of an explosive breakout from its trading range. “The […]
TL;DR JPMorgan projects the stablecoin market will only reach $500 billion by 2028, far less than Standard Chartered’s $2 trillion estimate. The bank points to limited real-world use cases, only 6% of transactions involve actual payments, as a major barrier. Despite regulatory progress like the GENIUS Act, JPMorgan remains skeptical that stablecoins can replace traditional […]
After an 11% crash in June amid increased selling pressure, SPX6900 rebounded, closing the month at around $1.20. Although the project continued its positive performance in July, it proved volatile. The current trend shows strong long-term rally potential, but risk-averse investors may interpret this performance as a sign of risk. If you are one of […]
The improbable $1 price target for Dogecoin has returned to the spotlight after independent crypto analyst Cantonese Cat (@cantonmeow) shared a bold new Ichimoku-based projection on July 3. In a chart posted to X, the analyst outlined a parabolic price trajectory for DOGE using 2-week candles, suggesting that the memecoin could begin an explosive ascent […]
Bitcoin whales have awoken after 14 years of dormancy, holding their BTC since it was trading below $0.78 a coin in 2011.
TL;DR With bitcoin coming just a few grand from charting a new all-time high this week, many altcoins posted impressive gains even though they are still far from their respective peaks. However, popular crypto analyst Ali Martinez laid out scenarios where three of the most popular ones can register notable gains in the near future. […]
Dogecoin (DOGE) bulls may have just gotten confirmation they’ve been waiting for