Bitcoiner Samson Mow shares his take on US government’s possible plans to create BTC reserves

The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing significant reforms to address the evolving digital asset landscape. Christina Rolle, Executive Director of the Securities Commission, emphasized […]

Russian lawmakers have reportedly passed a bill that will enable the nation to use cryptocurrency in international trade. Reuters reports that the law is expected to take effect in September. Russian Central Bank Governor Elvira Nabiullina says the first crypto transactions will likely happen within the year. The law will only allow businesses to use […]

While Bitcoin tested the upper region of our support zone, we believe that the low is likely in. Check out our thoughts on BTC-USD.

[PRESS RELEASE – Melbourne, Australia, August 1st, 2024] Get Good and Get Rewarded in Fortnite, CS2 and Overwatch Perion Labs introduces the all-new XP.GG, a gaming platform that lets gamers get rewarded by getting good at their favourite games. XP.GG features a Universal Battle Pass integrated across all XP.GG games. XP.GG will launch August 1 with Fortnite. Counter-Strike 2 and Overwatch competitions will […]

Pump.fun crypto memecoins that make it onto Raydium have fallen since February and have remained “stagnant” at around 1.41% for months.

An analyst has warned that support levels weaken the more they are retested and Bitcoin is now doing a third consecutive retest of a major such level. Bitcoin Is Again Retesting The Short-Term Holder Realized Price As explained by CryptoQuant community manager Maartunn in a new post on X, BTC’s latest drawdown has led to […]

TL;DR In July, the cryptocurrency ecosystem suffered losses of nearly $266 million due to 16 hacks, with the WazirX exchange being the most affected. Bharat Web3 Association is beefing up its cybersecurity following the WazirX hack, while Wisconsin has launched a cryptocurrency scam tracker. Despite the bans, China continues to face problems with crypto scams, […]

One widely followed crypto analyst says the native token of the XRP Ledger (XRPL) is on the verge of a rally. Crypto trader Ali Martinez tells his 68,700 followers on the social media platform X that XRP just needs to break through $0.90. “XRP has been consolidating within a symmetrical triangle for six years! A […]

Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE), proclaimed President Nicolas Maduro as the winner, the opposition forces contested the election. This is due to the lack of a complete breakdown […]

This week has been a tumultuous period across the crypto space as most altcoins continued to turn weak. Matic decreased by 3% since yesterday and is now looking weak daily, gathering momentum for a breakdown. Last month’s trading saw Matic through a small bounce (at $0.42) after reinitiating drops in the preceding month. That bounce […]

Extreme skepticism of Ethereum (ETH) critics made seasoned researcher double his bet on Ether

Company Name: Theya Founders: Sriram Bhargav Karnati, Smeet Bhatt and Vikas Choudhary Date Founded: December 2022 Location of Headquarters: San Francisco, CA Amount of Bitcoin Held in Treasury: “It’s significant.” Number of Employees: 7 Website: https://www.theya.us/ Public or Private? Private Sriram Bhargav Karnati believes that top-notch security and usability are not mutually exclusive when it […]

Major cryptocurrencies are down, with SOL and XRP experiencing significant losses, yet investor sentiment remains neutral. Beam, the crypto of the gaming network Beam, has outperformed, gaining over 13% in a week amid strong gaming crypto narratives. Kaspa defies market trends, achieving new all-time highs and drawing excitement for its rapid block rates and swift […]

A bill introduced yesterday by Republican Senator Cynthia Lummis aims to establish a US government-owned strategic reserve of one million Bitcoin, around 5% of the total supply. Lummis says establishing a strategic Bitcoin reserve will ensure the US dollar maintains its position as the global reserve currency and will strengthen the US economy. Neither of […]

PODGORICA, Montenegro (AP) — A Montenegrin appeals court on Thursday upheld a ruling by a lower court to hand over a South Korean mogul known as …

The “makenowmeme” account on X purportedly provided a way for X users to create memecoins on Solana with a simple post.

Bitcoin has been on a rollercoaster ride ever since it reached its all-time high (ATH) of $73,737 back in March. However, regardless of that, several analysts and traders in the crypto community remain persistent in their bullish outlook for the asset. An example is Willy Woo, a well-known figure in the crypto sector. Earlier today, […]

Friday, August 2, will see around 37,000 Bitcoin options contracts expire with a notional value of around $2.4 billion. The options expiry event is smaller than last week’s end-of-the-month event but a little larger than the average expiry. Bitcoin Options Expiry Today’s tranche of expiring BTC derivatives has a put/call ratio of 0.58, which means there […]

A Singapore-based crypto exchange is launching a new platform to support up-and-coming digital asset projects. In a new press release, BingX says it’s launching BingX Labs, a new crypto project incubator that aims to help up-and-coming crypto projects with high potential efficiently distribute their tokens. According to the press release, BingX is interested in projects […]

The chief investment officer (CIO) of Bitwise Asset Management Matt Hougan is saying that there’s “big money” coming into the crypto space. In a new interview on the Wolf of All Streets channel, Hougan says that spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) are likely to register massive inflows over the coming months. […]

Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted within five to seven years. […]

MicroStrategy’s Bitcoin holdings are on the rise

MicroStrategy Incorporated (Nasdaq: MSTR) reported its financial results for Q2 2024, revealing an increase in its Bitcoin holdings. The company acquired 12,222 bitcoins since the beginning of the quarter, at an average price of $65,882 per bitcoin, bringing its total holdings to 226,500 BTC, purchased for $8.3 billion at an average cost of $36,821 per […]

TL;DR Injective’s Altaris upgrade has been approved with high participation from $INJ stakers. Upgrade deployment has begun, please refrain from making any transactions until it is complete. The upgrade includes improvements in scalability, real-world asset integration, and advanced smart contract capabilities. Injective, a layer-1 blockchain focused on DeFi applications, is in the process of implementing […]

TL;DR The price of Kujira token (KUJI) has dropped by 42.68% in 24 hours, standing at $0.5451. The Kujira Foundation is facing a liquidation crisis with $5 million outstanding debt. The team insists that the situation is not comparable to the collapse of Terra, despite speculation. Kujira, a project based on the Cosmos blockchain, is […]

BlockDAG CEO’s Sizzling Interview Sparks $1 Million Presale Surge Overnight, Stealing Attention From ARB Whales & TON Price Rally! Recent market trends show Toncoin (TON) struggling to maintain its bullish momentum, with prices hovering around $6.66 due to significant selling pressure. Similarly, Arbitrum (ARB), despite an increasing whale count, faces challenges, trading at $0.73 as […]

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Futu Securities International, an online broker in Hong Kong, has introduced retail cryptocurrency trading in the city. The company now allows Hong Kong residents to trade bitcoin and ether directly on its platform using either Hong Kong or US dollars, according to an announcement made today (Thursday). Futu recently received a securities license upgrade from […]

HodlX Guest Post  Submit Your Post   In 2024, terms like ‘crypto’ and ‘blockchain’ are no longer mere buzzwords – they are integral parts of our digital landscape. Events dedicated to digital assets, such as exhibitions and conferences, are now common worldwide. One such event I attended was the EthCC 2024 (Ethereum Community Conference 2024) in […]

A closely followed crypto analyst believes that one Ethereum (ETH) competitor is gearing up for a massive breakout. Jamie Coutts, the chief crypto analyst at Real Vision, says that Solana (SOL) is printing a bullish pattern against Bitcoin (BTC) based on the simple moving average (SMA) crossover on the daily chart. “Solana’s relative strength is […]

Cryptocurrency prices, including Bitcoin, have fallen, with Bitcoin down 2.6% and trading at US$64,595. Swissblock describes current market conditions as a mix of greed and fear, impacting Bitcoin’s price negatively. Meanwhile, whales are preparing for a new rally, says Ki Young Ju from CryptoQuant. Most major cryptocurrencies have continued on a shaky path booking losses […]