An executive from digital assets investment firm Pantera Capital is predicting that GMX and one other decentralized exchange (DEX) altcoin will soon begin to outperform and steal value away from Uniswap (UNI). Portfolio manager Cosmo Jiang says in a thread on the social media platform X that decentralized perpetual trading platforms GMX and dYdX are […]
Friend.Tech, a social app that allows users to monetize their online presence, has faced a massive sell-off as one of its biggest influencers dumped his keys and moved to a rival platform built on Bitcoin. Vombatus_eth, who goes by the same name on Friend.Tech and X (formerly Twitter), sold 176 keys worth $1.5 million on […]
Solana has introduced a limited-time offer for users seeking to transfer assets from their Metamask wallet, reducing the associated fees to 0%. This fee reduction is made possible through a collaboration between the layer 1 blockchain, DeBridgeFinance, and the Solana-based wallet – Solflare. According to the official announcement, whenever a MetaMask wallet is connected to […]
exchange-traded fund (ETF) IBTC has reappeared on the Depository Trust and Clearing Corporation’s (DTCC) website after disappearing for a few hours. The price of Bitcoin surged to new yearly highs following the Oct. 23 surprise appearance of IBTC on the website with markets frenzied over the sign of a potential soon-to-come spot ETF approval. When […]
Charged with lawsuits, investigations, and widespread regulatory action worldwide, crypto exchange Binance has seen a deluge of top-tier executives leave the company. Led by the elusive CEO and co-founder Changpeng Zhao (CZ)—who personally faces charges in the United States from the CFTC, SEC, and potentially the Department of Justice—the company has also been charged in […]
“Store your wealth in Bitcoin.” That was the message give by Ricardo Salinas, a prominent billionaire and the honorary chairman of TV Azteca, in an exclusive interview with Bitcoin Magazine reporter Isabella Santos last week. The rare sit-down interview, which marked the Mexican billionaire’s first Spanish-language interview on the topic. The Ricardo Salinas Interview: Mexican Billionaire […]
As Bitcoin (BTC) price jumps to 18-month high, Fear and Greed index rushes into Greed zone
The FTX cryptocurrency exchange has plans to resume operations come December 2023. Several plans are on the table as the platform's founder, …
Jonathan Farnell, who served as the Head of Binance UK and CEO of Bifinity, has left the company. This departure comes against the backdrop of a regulatory crackdown by the Financial Conduct Authority that has significantly hindered the operations of offshore crypto firms in the UK. Farnell joined Binance in May 2021 and assumed the […]
Unfortunately for those watching closely for new spot Bitcoin ETF filings, ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not been listed.
Volatility is back in the crypto market as the XRP price and the price of other major cryptocurrencies trend to the upside and into new year highs. The cryptocurrency is heading towards its next resistance level with a high chance of As of this writing, the XRP price trades at $0.57, with a 9% increase […]
The digital assets markets are witnessing massive liquidations as Bitcoin (BTC) leads crypto on a massive rally. According to data from the crypto data aggregator Coinglass, over $480 million has been liquidated from the crypto markets in the last 24 hours. Over the same period, BTC has risen 9.4%, trading at $33,913 at time of writing. […]
A new report from Binance Research claims that one Ethereum (ETH) competitor ignored the greater crypto market trend and witnessed a surge in activity in the third quarter of this year. Researchers at the top global crypto exchange by trading volume note that the smart contract platform NEAR Protocol (NEAR) clocked 120% quarter-on-quarter growth in […]
Bitcoin (BTC)’s explosion to a new yearly high on Monday has placed the vast majority of investors’ holdings back into profit, according to a new report from Glassnode. The blockchain and market intelligence platform said that 4.7 million BTC flipped green after the rally, representing 24% of Bitcoin’s circulating supply. Chaos In The Derivatives Market […]
So a lot of noise has been made around the Lightning vulnerability recently disclosed by Antoine Riard. Many people are claiming the sky is falling, that Lightning is fundamentally broken, and nothing could be further from the truth. I think part of the problem is that people don’t really understand how this vulnerability works, firstly, […]
The price of Bitcoin has seen an impressive surge, reaching $35,000 briefly this morning. This rise has been driven by various forces converging in the crypto market. First, institutional investment has played a crucial role. Large financial companies, such as BlackRock, have shown growing interest in the world of cryptocurrencies, which has generated confidence among […]
Cardano is up 13% on the week relative to USD, but like most altcoins is being outpaced by Bitcoin. Analyst Benjamin Cowen believes Cardano will continue to fall compared to BTC as support weakens. The Cardano Foundation recently introduced a staking upgrade, making it easier for new validators to join the network. Crypto analyst and […]
The market witnesses a new bullish run of a memecoin. In the last 24 hours, the price of PEPE surged by 30%, propelling it to the top podium, where it holds the second position in the list of cryptocurrencies with the best performance of the day. PEPE surged to reach its highest price in the […]
Bitcoin hater Peter Schiff warns of possible peaks as BTC price hits $35,000
Blockchain technology appeared on the scene promising to revolutionize industries, upset conventional institutions, and usher in a new era of transparency and democratization. It has demonstrated its potential in a variety of industries over the last decade, ranging from finance to supply chain management. However, as the initial excitement has worn off, questions have arisen […]
How the FTX Founder's Trial Will Impact the Cryptocurrency Industry. Bankman-Fried, who was the founder of the crypto exchange FTX, is currently …
Banking giant Goldman Sachs says that China is weathering the biggest capital flight since 2016 amid struggling equities markets. In a report seen by the South China Morning Post (SCMP), Goldman says foreign investors sold off a net total of $3.3 billion in domestic Chinese stocks, bringing the total outflows for October to $5.1 billion. […]
The outflow of assets from crypto exchanges is considered a bullish sign, as it indicates traders are moving their assets away from exchanges and no longer want to sell.
As the broader cryptocurrency market breaks out on the back of Bitcoin’s big rally, FET is the next altcoin to double-digit gains. The AI cryptocurrency at one point hit 14% higher intraday. The move could be the start of something special, according to a “golden” signal in Fetch.ai. FET Soars 14% As Golden Cross Triggers […]
So as Sam Bankman-Fried stands trial for wire fraud, securities fraud, commodities fraud, money laundering and campaign finance violations, let’s remember one thing above all else: crypto itself is not on trial. Bitcoin is a technological fortress built to endure, and no amount of speculative narratives or individual fallibility could ever change that. After FTX’s […]
MicroBT, a prominent Bitcoin mining hardware manufacturer, made an industry-leading announcement in hash efficiency at the Blockchain Life 2023 event in Dubai. The company unveiled its latest generation mining rigs, the Whatsminer M60 series, encompassing hydro, immersion, and air-cooling models. During his opening speech, Dr. Zuoxing Yang, the founder and CEO of MicroBT, reiterated the […]
Grayscale Investments has partnered with FTSE Russell to unveil five crypto sector indices. This step followed a recent federal appeals court ruling that reignited hopes for the approval of Grayscale’s spot Bitcoin exchange-traded fund (ETF), initially rejected by the US Securities and Exchange Commission (SEC). Dubbed the FTSE-Grayscale indices, the suite of crypto indices tracks […]
KuCoin, a top-tier cryptocurrency exchange ecosystem, announces the listing of Openfabric AI (OFN), a new-gen cryptocurrency for AI-focused use-cases
TL;DR Holding 158,245 BTC, MicroStrategy’s unrealized profit is around $750 million with an average cost below $30K per BTC. In November 2021, the company’s unrealized profits peaked at $3.5 billion when Bitcoin was near $70,000. Michael Saylor, MicroStrategy’s Executive Chairman, champions Bitcoin for its inflation protection and once forecasted a $1 million valuation for the […]
A condominium corporation's decision to spend $500,000 on a cryptocurrency product called “Pink Piggy Investment Group” has resulted in the …
Investors who had bet low on the price of Bitcoin, known as “Bears”, faced colossal losses, but overall, the entire crypto market was affected, the sums amounting to a staggering + $315 million dollars in the last 24 hours, when the value of Bitcoin briefly surpassed the $35,000 barrier. The liquidation of these bearish positions […]
London’s Metropolitan Police have reportedly assembled a 40-person team dedicated to cracking down on crypto crime. According to a new report from the Financial Times, the police force’s crypto team began recruiting last December and became operational in May. Detective Inspector Geoff Donoghue, who works on the Met’s crypto investigation team, tells the FT that […]