Belgrade, the capital of Serbia, welcomes the inception of HUB21, a pioneering non-profit association dedicated to education, fostering research, and creating networking avenues within the global Bitcoin design and development ecosystem, according to a press release sent to Bitcoin Magazine. The association’s launch aims to bridge the gap in understanding and participation in Bitcoin within […]
Sam Bankman-Fried, who was convicted by a jury after only a few hours of deliberation, is currently waiting for his indictment in a cell at the MDC. Adjusting to a New Paradigm The former FTX CEO faces up to 120 years in prison, depending on Judge Kaplan’s decision. Until his sentencing – due in March […]
The heads of Australia’s largest crypto exchanges say a bull run is coming early next year — others say it’s already arrived.
A closely followed analyst says that the dog-themed meme asset Dogecoin (DOGE) is setting up the stage for a massive surge to the upside. In a new strategy session, crypto trader Ali Martinez tells his 33,200 followers on the social media platform X that the Shiba Inu (SHIB) rival’s surge of transactions exceeding $100,000 during […]
The new Binance chief executive maintains that the embattled exchange’s business fundamentals remain “very strong” despite recent regulatory headwinds. Richard Teng, who previously worked as Binance’s head of regional markets, was promoted to the CEO position earlier this week after the company’s previous chief executive, Changpeng Zhao, resigned. Zhao stepped down after agreeing to plead […]
Richmond RCMP say charges have been approved against a suspect after $10M in cryptocurrency was stolen during a home invasion.
Excellent expectations surround Bitcoin as investors line up in a largely optimistic camp, despite the recent challenges that have shaken the blockchain market. The million-dollar fine imposed on Binance for irregularities in its anti-money laundering protocols was seen by some as a blow, but for others, it represents a positive resolution to the exchange’s regulatory problems. […]
A CryptoQuant Analyst has identified a significant systemic buying trend in Ethereum, suggesting a rising influx of strategic investments into the blockchain network. Analyst Reveals Ethereum Systemic Buying Trend A crypto market observer and a contributing analyst at CryptoQuant, Maarten Regterschot has taken to X (formerly Twitter) to publish a systemic buying trend he witnessed […]
XRP defies on-chain signals to print massive price uptick
Crypto analyst Jamie Coutts says five key trends will drive the mainstream adoption of blockchain technology. Coutts, a former crypto market analyst at Bloomberg Intelligence, says on the social media platform X that payments, account abstraction, real-world assets, non-fungible tokens (NFTs)/gaming, and artificial intelligence (AI) will all accelerate global blockchain usage. In terms of payments, […]
Comparisons between the market capitalization of Bitcoin and publicly traded companies used to make me wince in frustration. Trying to contrast the world’s first successful digitally native currency to a single industry is narrow minded, let alone a single company. However, as I continuously surrender to the process of meeting people where they are on […]
Grayscale has submitted an updated filing for its forthcoming spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC) on November 22. The filing is an amendment, a type often utilized by firms that have met reporting requirements. Grayscale Submits Amended Filing Grayscale’s ETF proposal involves converting an existing investment vehicle. Recent […]
“I made a lot of money,” said Cramer who cleared a profit on Bitcoin despite urging investors to sell the cryptocurrency.
The CEO of the largest US-based crypto exchange, Brian Armstrong, says that Binance CEO Changpeng Zhao (CZ) and his company’s admission of guilt on federal charges is a significant development for the digital asset industry. On Tuesday, Binance agreed to pay over $4 billion in a settlement after pleading guilty to engaging in money laundering, […]
The crypto market has become part of the global financial landscape, with investors looking to purchase digital assets on different exchanges. However, for investors who value their privacy, buying crypto without completing a form of identity verification process can be challenging, especially with global regulators tightening their oversight of the industry. While the nascent sector […]
Cryptocurrency schemes cost consumers $3.8 billion last year, twice as much as in 2021 according to the Federal Trade Commission. Nelson said he …
According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple felony counts. The disgraced crypto-billionaire has reportedly been bartering, using food as currency in exchange for various services […]
Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual currencies, causing its native asset to dip. Data from blockchain tracker Lookonchain reveals that $46.5 million worth of digital assets were stolen from KyberSwap, including $20.78 million worth of Wrapped Ethereum (wETH), $9.53 million worth […]
The competitive world of cryptocurrencies has seen a dizzying rise of SUI, the native token of the layer 1 blockchain network. In an exciting development, SUI has surpassed its APT counterpart in terms of trading volume, reaching a remarkable $99,113,468 in the last 24 hours, while APT recorded $97,493,984 in the same period. $SUI Layer […]
The Grayscale Bitcoin Trust (GBTC), the world’s largest Bitcoin fund, has achieved a record year-to-date (YTD) high, outperforming Bitcoin itself. The Trust has seen its assets under management (AUM) surge from $1.9 billion to $4.7 billion. This significant growth is a testament to the increasing interest and confidence in cryptocurrency investment vehicles. GBTC hit a […]
Shibarium’s 231% transaction boom echoes Shiba Inu’s (SHIB) explosive price momentum
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa.
The Optimism (OP) price has increased since breaking out from a 260-day descending resistance trend line in October. The upward movement took OP to a key horizontal resistance area. Will the price break out? Optimism Gradually Approaches $2 The OP price had decreased under a descending resistance trend line since its all-time high price of […]
Blur’s new Layer 2 scaling network, Blast, has got off to an incredibly strong start just three days after launch. According to Spot on Chain, Blast has already exceeded $250 million in total value locked (TVL). This TVL comes from two primary sources – over 100,000 ETH worth $221 million staked with Lido, and 30.6 […]
A proposed regulatory framework to govern cryptocurrency may not be enough, with many digital assets markets based offshore.
XRP price started a downside correction and tested $0.572. The price is now rising and might gain bullish momentum if it clears $0.642. XRP started a downside correction below $0.650 and $0.620. The price is now trading below $0.640 and the 100 simple moving average (4 hours). There was a break above a major bearish […]
After an impressive run along with the rest of the crypto market, Polygon’s native token – MATIC – lost approximately 15% of its value over the past week dragging its price to $0.77. Experts suggest that this level is far below the crucial support zone. If the price continues to stay below this range, there […]
The election of new Argentine President Javier Milei has given many in the local Bitcoin community cause for hope.
The US federal prosecutors are seeking the court’s permission to stop Changpeng Zhao, the Founder and former CEO of Binance, from leaving the country, citing an “unacceptable risk of flight.” Zhao Pleads Guilty to a Criminal Charge Zhao pled guilty on Tuesday in US federal court for violating the Bank Secrecy Act with his crypto […]
As December approaches, XRP investors may be hopeful for 82% increase, but cautious reflection on its historical performance reveals more nuanced story
The guilty plea of crypto titan Changpeng Zhao (CZ) and the money laundering accusations against Binance have heralded a new era for crypto, argues Coinbase CEO Brian Armstrong. But it also leaves developers in Web3 facing some uncomfortable prospects, but the tokenization of assets and collectibles still holds promise. Binance’s revealed its new Web3 wallet […]
A luckless Bitcoin sender seemingly made a costly mistake, paying a record-breaking $3 million in transaction fees for a single transaction. Blockchain data shows that the Bitcoin sender intended to send 139.42 BTC (worth around $5.1 million), of which 83.64 BTC was gobbled up in transaction fees, leaving the recipient with just 55.77 BTC (around […]