Three Arrows Capital (3AC), the defunct crypto hedge fund, has its liquidators pursuing a $1.3 billion lawsuit against TerraForm Labs, the bankrupt digital assets company co-founded by Do Kwon. This legal action is part of ongoing efforts to recover funds for 3AC’s creditors following the fund’s collapse. 3AC Liquidators Pursue TerraForm Labs The Three Arrows […]

Coinbase has savaged the SEC’s proposal to broaden the definition of ‘exchange’ to include decentralised exchanges (DEXs), suggesting the SEC’s intention may be to stifle Web3 innovation in the US. The exchange’s Chief Legal Officer, Paul Grewal, went further on X / Twitter, labelling the proposal irrational and unnecessary and accusing the SEC of “vastly […]

Aave, one of the leading decentralized finance (DeFi) protocols, has experienced a notable 28.83% increase in short-term traders over the past month, signaling a surge in new users and speculators. This influx reflects growing interest in Aave, as more participants enter the market to capitalize on short-term opportunities. $Aave saw a 28.83% increase in short-term […]

It is important to strike a balance between protecting investors' interests and making a favourable regulatory environment for coin issuers.

On Tuesday, bitcoin’s price climbed to $61,600 after dipping below the $60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day gains to 6.9%. Crypto Chaos: Bitcoin Soars, Derivatives Traders Scramble After a brief dip below $60,000, bitcoin is back above that threshold, showing a modest […]

Both Kamala Harris and her running mate, Tim Walz, have yet to present clear policy positions on digital asset regulation in the United States.

In a surprising move that’s catching the attention of the cryptocurrency community, an Ethereum (ETH) whale has allocated a substantial portion of their wealth into Mpeppe (MPEPE), a burgeoning gambling token that promises extraordinary returns. This decision highlights a growing interest in Mpeppe (MPEPE) and its potential to redefine the landscape of both sports fandom […]

An economist who accurately called that the US economy will flash signs of weakness by mid-2024 is warning that the crypto markets will witness a massive collapse in the coming months. In a new interview on the Metals and Miners YouTube channel, Henrik Zeberg says that the US economy is witnessing its largest bubble in […]

A massive pyramid scheme has been hit with an SEC lawsuit

Chun Wang, the co-founder of Bitcoin mining pool f2pool and a well-known figure in the Bitcoin community, is set to command SpaceX’s first human spaceflight mission to explore Earth’s polar regions from orbit. Wang, who began mining Bitcoin back in 2011, said he has been eagerly preparing for this mission for the past 2.5 years and […]

We’re thrilled to announce that AUCTION, CPOOL, KMNO, PRCL, PRIME, TURBO, ZEX, and ZK are all now available on Kraken! Funding and trading Trading for all 8 assets will be live as of 17:00 PM UTC today, August 13th, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re […]

On-chain analysis platform Arkham Intelligence sounded the alarm on Tuesday as $2 billion worth of Bitcoin connected to Mt. Gox moved from a blockchain address connected to crypto exchange BitGo. According to Arkham, a wallet that had received $2.19 billion from the long-defunct Bitcoin exchange began initiating test transactions early Tuesday. The firm said the […]

The Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes.

Avalanche (AVAX) has caught the attention of crypto analysts Whales_Crypto_Trading and Alan Santana. The market sentinels are rather optimistic regarding the price of AVAX, but it may face some consolidation periods and, therefore, possible declines in its price before skyrocketing. The cautious optimism is what makes AVAX very interesting to watch. Technical Analysis Whales Crypto […]

Cardano (ADA) founder Charles Hoskinson is issuing a warning to the crypto industry as the 2024 US presidential election enters the final three months. Hoskinson says on the social media platform X that the administration of President Joe Biden and Vice President Kamala Harris continues to wage war on the crypto industry. According to the […]

Benjamin Cowen asserts that regardless of market movements or external factors, Bitcoin dominance will continue to rise. Cowen attributes the trend in Bitcoin dominance not to the news cycle or altcoin activities, but to overarching monetary policy. However, he predicts Bitcoin’s dominance will soon reach its peak, potentially setting the stage for an altcoin season […]

Dave Lavalle cites the approval of Spot Bitcoin ETFs as a pivotal moment for the crypto market, enhancing its credibility and appeal. He notes the transformative impact of major finance players like BlackRock and Fidelity, which has propelled the market forward. Lavalle anticipates continued expansion in the crypto sector, with plans for more diverse and […]

Tether chief executive Paolo Ardoino thinks geopolitical tensions and macroeconomic trends are going to increase the importance of scarce assets like Bitcoin (BTC) and gold. Ardoino says in a new interview with investor and venture capitalist Preston Pysh that he doesn’t think the globe is headed towards “a nicer period for humanity,” citing bubbling geopolitical issues […]

President Nayib Bukele used his personal X account to present the third phase of his economic plan for El Salvador. Titled “Logistics,” this new phase will entail raising private investments to modernize the country’s port infrastructure. The first step involves an investment of $1.61 billion to modernize the Acajutla and La Union ports. Bukele Announces […]

Australian financial adviser James Millard looks at the cryptocurrency market from the perspective of the crypto novice.

Bitcoin’s swift drop led to some concerns among investors, but things are slowly getting better

Ethereum is showing signs of weakness again after rejecting $2,700 last weekend. There’s still room for a retracement if the volume keeps rising. However, things might later get uglier with the latest bearish signal. Following the monthly breakdown of the important $2,817 support level, ETH rolled back to the yearly low but managed to hold […]

3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.

Access to Binance has been blocked in Venezuela amid civil unrest and massive inflation following the South American country’s controversial presidential election last month. Binance, the top global crypto exchange by volume, took to the social media platform X on Saturday to assure Venezuelan customers that their funds are safe. “Like several websites of companies […]

Veteran macro investor Luke Gromen warns holders of US Treasuries that their investments will likely turn out to be unprofitable. In a new interview with Nicole Shanahan, Robert F. Kennedy Jr.’s vice presidential running mate, Gromen says the United States’ lack of domestic manufacturing capacity is becoming a threat to national security. “We might have […]

Expectations of the Solana price going above $200 have been rampant with the most recent recovery. In some cases, predictions have reached as high as $1,000 for the cryptocurrency, but one crypto analyst is going in the opposite direction. In a recent analysis, Alan Santana has predicted a crash for the SOL price that could […]

Two publicly-listed mining companies from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) and TeraWulf (NASDAQ: WULF) have reported robust financial results for the second quarter of 2024, showcasing their ability to navigate the challenges posed by the recent Bitcoin halving event. Hive Digital’s Revenue Increased by 37% HIVE Digital Technologies announced quarterly revenue of $32.2 […]

The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by accommodating six specific digital asset-related services, including exchanges and custodial wallet providers. Thai SEC Launches Digital Asset Regulatory Sandbox The […]

[PRESS RELEASE – Zug, Switzerland, August 12th, 2024] Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its privacy tools and new apps compatible with the world’s biggest web3 ecosystem. Aleph Zero — a blockchain ecosystem engineered for speed, data confidentiality, and ease of development — today announced the mainnet launch of its new EVM-compatible Layer-2 […]

… cryptocurrency company Tether and its affiliated entities. Tiger Mines, a corporation based in New York, has accused Tether of improperly freezing …

Bitcoin, Ethereum, and Solana see gains; Sui leads with a 70% weekly increase. Grayscale’s announcement of single-asset funds for Sui boosts its price as Raoul Pal praises Sui’s market strength. Despite competition from Solana, Sui’s recent surge in TVL signals growing user trust and ecosystem vitality. Major cryptos, like Bitcoin, Ethereum and Solana, have posted […]

Price of Shiba Inu increased in last 24 hours, reaching highs of $0.00001468