XRP faced increased market activity amid broader crypto market sell-off

London, United Kingdom, October 24th, 2024, Chainwire Peanut launches a beta of the first self-custodial offramp, allowing users to directly cash out any token on 20+ EVM chains to their bank accounts—without relying on centralized exchanges. This beta feature is being rolled out in the EU and US first. This new beta feature creates an […]

Follow Frank on X. This morning, River announced its Bitcoin Interest on Cash feature through which it will offer a 3.8% interest rate — paid out in bitcoin — on the dollars you leave in the custody of the platform, which is FDIC insured up to $250,000. This yield is comparable to what you’d earn […]

On Oct. 22, Chainling announced the results of its industry-wide corporate actions initiative involving major financial players such as Euroclear, Swift, UBS, Franklin Templeton, and Sygnum Bank. Blockchain ecosystem partners included Avalanche, ZKsync, and Hyperledger Besu networks. The oracle provider successfully demonstrated how artificial intelligence, oracles, and blockchains “can solve a decades-long unstructured data challenge […]

Gustavo Rodriguez, who was initially scheduled to be sentenced following his conviction for conspiracy to commit wire fraud, will testify under oath on Oct. 25.

A widely followed crypto analyst is issuing a warning that Ethereum (ETH) may collapse in value in sync with Fed rate cuts. In a new video update, crypto strategist Benjamin Cowen tells his 818,000 YouTube subscribers that ETH may follow a similar 2019 pattern and plummet to the lower bound of the logarithmic regression band […]

The crypto lobbyist group Fairshake disbursed nearly $29 million in September ahead of the American presidential election next month. A Federal Election Commission filing indicates Fairshake, a super political action committee (PAC), had dispensed more than $142.3 million year-to-date by the end of September and still had $42.8 million of cash on hand. Fairshake sent […]

The bitcoin mining company and vertically integrated blockchain firm DMG Blockchain Solutions has announced a partnership with Malahat Nation to develop Canada’s first Indigenous-led artificial intelligence (AI) data centers. The project, designed to utilize clean energy, is expected to expand technology infrastructure while promoting economic growth in Indigenous communities. DMG Blockchain and Malahat Nation Join […]

Amid the latest market drops, Dogecoin remains strong daily as it enters a brief consolidation mode. While it may later lose steam, several meme coins are currently down and trading in a red zone.  After rising by almost 40% to test $0.15 in two weeks, Dogecoin faced resistance yesterday and dropped to $0.145 at the […]

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Bitcoin price started a downside correction and tested the $66,500 zone. BTC is now consolidating and might aim for a fresh increase above $67,800. Bitcoin struggled to test the $70,000 resistance zone and started a downside correction. The price is trading below $67,500 and the 100 hourly Simple moving average. There is a short-term contracting […]

Binance witnessed massive Bitcoin transfer earlier today

The Lightning Network is a revolutionary scaling solution for Bitcoin, enabling fast and inexpensive payments that make everyday transactions with Bitcoin possible. As the network grows, it’s essential to measure its health and efficiency accurately, so we can unlock its full potential. Traditional metrics like node count, channel count, and capacity have been used to […]

As the world of cryptocurrencies is moving with a great speed, passive income has become the main attraction for investors. As opposed to traditional investment avenues, cryptocurrencies have more modern ways of generating income. Of the many effective methods to achieve this, staking is one wherein users lock up their crypto assets in return for […]

The tokenized fund will invest in data centers in the United States, the United Arab Emirates, the Kingdom of Saudi Arabia, India, and Europe. 

VanEck has introduced staking for its Solana Exchange Traded Note (ETN) in Europe, which currently has assets under management (AUM) totaling $73 million. The Solana ETN, which trades under the ticker VSOL, will now enable investors to benefit from staking rewards that will be accrued and reinvested daily. A Non-Custodial Staking Model The announcement was […]

An executive from hedge fund Brevan Howard says that the United Arab Emirates’ (UAE) sensible approach to crypto regulations is making the country a top region for digital asset trading. According to a new report from Reuters, $35 billion hedge fund Brevan Howard group head of compliance Ryan Taylor told the AIM Conference in Dubai […]

Popular crypto analyst Jason Pizzino says traders shouldn’t necessarily expect Bitcoin (BTC) to witness a significant pullback before its next leg up. In a new YouTube video, Pizzino tells his 335,000 subscribers that every time people expect a “final flush out” of weak hands before the BTC market explodes, Bitcoin tends to do the opposite. […]

A major cryptocurrency and diamond fraud trial against over a thousand individuals and about ten football clubs began on Monday in the French city …

Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he’s sticking with hard money like gold and bitcoin. In his view, any other option leads straight to inflation. What’s Driving Paul Tudor Jones’ Latest Push for Bitcoin, Gold and Commodities? Jones is optimistic about both gold and bitcoin, […]

Cardano (ADA) has made a strong comeback, with bulls stepping in to reverse the recent pullback and drive a fresh rally. After a brief period of downward pressure, the cryptocurrency is gaining traction once again, sparking renewed optimism among traders and investors.  With positive momentum building, Cardano is showing signs of further upside movement, positioning […]

Chainlink and Avalanche have launched a pilot project to create an on-chain database for corporate actions using AI models and decentralised oracles. The goal is to convert unstructured, off-chain data into digital formats, addressing inefficiencies in current data systems that cost businesses millions due to manual processing and errors. The project uses decentralised oracles and […]

Link’s mid-term outlook is still bearish but the trend is likely to change soon as it approaches an important resistance line. Volatility may look low at the moment but it is gathering momentum for a massive pump. Recovering steadily from a dip two months ago, Link posted gains and continued to show signs of strength […]

A recent paper from the Minneapolis Federal Reserve suggests Bitcoin and similar assets should be taxed or banned to help governments manage permanent deficits, citing Bitcoin’s fixed supply as a challenge for fiscal policy. VanEck’s Matthew Sigel compared the Minneapolis Fed’s stance to the European Central Bank’s, suggesting both aim to position government debt as […]

BlackRock’s IBIT recorded a whopping $329 million worth of inflows on Monday

Follow Mark on X. In the heart of London, amidst the smog and the burgeoning industrial age, a story unfolds that is as relevant today as it was over half a century ago. Mary Poppins, a tale woven with magic, whimsy, and a touch of surrealism, unexpectedly serves as the perfect allegory for the financial […]

The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future.

A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies. Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100. “Call me crazy, […]

TL;DR Elmnts launches public beta, allowing accredited investors to access tokenized investment funds backed by mineral rights royalties. The platform is built on the Solana network and seeks to offer a secure and regulated approach to blockchain investments. Elmnts combines traditional investment expertise with the innovation of blockchain technology to create attractive financial products. On […]

A sponsored Google ad claiming to promote Sony’s blockchain project, Soneium, has been exposed as a crypto wallet drainer. This incident adds to the growing threat of wallet drainers that have plagued the crypto space. Google Ad Scam Targets Soneium’s Users In a post shared on October 22 via X by blockchain security firm Scam […]

TL;DR The Stacks Foundation has partnered with Asymmetric Research to strengthen the security of the upcoming Bitcoin-backed sBTC token. The launch of sBTC in Q4 2024 will allow Bitcoin users to interact with DeFi applications securely. Asymmetric Research will act as a “signer” of the sBTC system, ensuring secure transactions alongside 30 other companies. The […]

The publicly-listed Bitcoin (BTC) miner from Wall Street, BitFuFu (NASDAQ: FUFU), announced today (Tuesday) its plans to acquire a majority stake in an 80-megawatt (MW) crypto mining facility in Ethiopia. The US company is seeking access to cheaper energy in East Africa due to increasingly lower margins in the BTC mining industry. The problem lies […]