Digital assets-focused investment firm Pantera Capital is highlighting key reasons for why they believe the altcoin market is depressed. In its latest Blockchain Letter, Pantera Capital portfolio manager Cosmo Jiang says that macroeconomic conditions are hurting the crypto market along with fears over a supply overhang and an increase in altcoin projects. Jiang also says […]

[PRESS RELEASE – London, England, July 24th, 2024] MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as a significant player in […]

Despite setback on Monday, markets are recovering slowly but surely

Bitcoin is much more than a typical online payment system. After all, we have plenty of those: PayPal, Venmo, and the like. Bitcoin and other privately used cryptocurrencies are cash for the internet. Paper cash is an almost perfect way to pay someone. You don’t need an account. It doesn’t care who you are or […]

The ChatGPT maker reportedly will spend some $7 billion on AI testing this year.

Ripple’s XRP appeared back on a buying spree after undergoing a small pullback last week. It is charging back strongly and is now on the verge of breaking higher following a 6% increase in the past 24 hours. Last week marked a new milestone for XRP as it witnessed a steady surge near April’s high […]

Coinbase is serving as a custodian for eight of the nine newly approved Ethereum (ETH) exchange-traded funds (ETFs), according to Brian Armstrong, the exchange’s chief executive. Nine Ethereum ETFs kicked off trading in the US on Tuesday, including products from BlackRock, Fidelity, 21Shares, Invesco, Franklin Templeton, VanEck, and Bitwise, as well as two different funds […]

Coinbase’s market leadership in the US is under threat, according to crypto market data analytics firm Kaiko Research. In a new report, Kaiko Research says the US crypto exchange landscape has shifted, with a relatively new entrant, Bullish, managing to garner increased market share, even gaining an advantage over Coinbase on some digital assets. “When […]

Traders are becoming drawn to the meme-inspired crypto PEPE, after a technical study by the famous crypto expert World Of Charts shows it has some surprises under its sleeves. As shown on X, PEPE is forming a positive pennant, which is a common technical sign for big price increases. According to World of Charts, the […]

Who does not like to possess wealth? The cryptocurrency sector harbors several investors and enthusiasts who would love to double their money and …

TL;DR Bitcoin’s price has risen to between $66,000 and $68,000, increasing activity in perpetual futures, with 75% of Short-Term Holders’ (STH) assets now in profit. Binance, Bybit, and OKX dominate the perpetual futures market, accounting for 84% of the open interest, with a range of 260,000 to 280,000 BTC since June. Highly leveraged positions have […]

Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $4 billion, Sygnum caters to clients from over 60 […]

Prominent privacy-focused email platform Protonmail is releasing its very own native Bitcoin (BTC) wallet. In a new thread on the social media platform X, the encrypted email provider announces the launch of its new crypto wallet allowing users to send BTC via email. “Today we’re launching Proton Wallet, an open-source, end-to-end (ETE)-encrypted, and self-custodial Bitcoin […]

The bankrupt crypto exchange Mt Gox has been spotted moving billions of dollars worth of Bitcoin following the successful distribution of BTC to its creditors. On Tuesday, Dave Ripley, CEO of Kraken, which was selected to facilitate the transfer of coins back to creditors, announced that a successful distribution of BTC and Bitcoin Cash (BCH) […]

The second day of trading for the spot Ethereum ETFs was quite different than the first as more than $133 million were withdrawn from the largest financial vehicles. The underlying asset’s price reacted with a massive price drop that drove it south by 10% in a day, thus proving the initial reports that the approvals […]

Can Bitcoin still crash to $3,500?

Alby is officially launching the waitlist for their new product, Alby Hub. The Hub is a one-click install Lightning Node application that aims to make self-custodial Lightning use as painless as possible. Users can sign up to join the waitlist here. Alby Hub integrates a one click Lightning node, a self-custodial Lightning wallet, and an […]

Money from cryptocurrency advocates could play a role in the 2024 election cycle, so why does the Stand With Crypto PAC seem to be obfuscating its numbers?

The XRP price has struggled despite scoring multiple partial victories against the United States Securities and Exchange Commission (SEC) over the last year. The initial surge was not enough to push it into the coveted $1 level. However, this has not deterred bulls, especially with bullish formations on the chart and multiple predictions that the […]

Cryptocurrency mining has come a long way since the early days of Bitcoin, where CPUs were the primary hardware used. As the complexity of mining …

Amid this week’s drop, BNB halted bullish and slightly took a downturn after facing a key resistance level. The price is now looking weak after shedding roughly a 3% loss since Monday. It still trades in a bullish zone. The past three weeks saw BNB through an insane 30% increase after correcting lower for a […]

Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx co-founder Nischal Shetty. “We’re actively contacting projects linked to the stolen tokens to seek their support in the recovery […]

TL;DR Fireblocks launches self-service tool suite for blockchain startups. The suite supports over 65 blockchains and 35 exchanges. Startups can easily set up their accounts directly on the Fireblocks website. Fireblocks, an enterprise-grade digital asset management platform, has introduced a new suite of self-service tools aimed at blockchain startups and small and medium-sized businesses (SMBs). […]

A closely followed crypto analyst believes that Bitcoin (BTC) and other digital assets are still in just the early stages of a secular bull market. Jamie Coutts, the chief crypto analyst at Real Vision, predicts that adoption will continue to increase for Bitcoin over decades, similar to the lifecycle of the NASDAQ. He notes similarities […]

The U.S. House of Representatives recently passed bipartisan legislation that would prop up a working group designed to probe the use of digital assets in illicit finance. The Financial Technology Protection Act would pull together officials from the private sector and a wide range of government departments to develop reports on how fintech can be […]

TL;DR Polymarket partners with MoonPay to offer more payment methods, including debit and credit cards, Apple Pay, Google Pay, and cryptocurrencies via PayPal. The integration with MoonPay has facilitated an increase in the platform’s trading volume, which recorded over $260 million in bets just in July. The platform is not available to users in the […]

The device, called a ‘Bitaxe,’ successfully mined a block even though its chances were only 1 out of 1 billion every ten minutes.

Bitcoin and friends have almost fully recovered from the early July struggles, with spot Ether ETFs approved and the worst of the sell-off storm weathered. Analyst Willy Woo also notes that miner capitulation is nearing an end, which will alleviate even more downward pressure on BTC’s price. It’s not all roses for the coin though, […]

Bitcoin has seen an influx of sale pressure over the past month, as Mt. Gox’s ten-year bankruptcy proceedings finally spring into action. As billions worth of BTC hit the market, a major victim from the 2014 hack has been sent 47.5K BTC (worth nearly AU $5b) from the crypto exchange Kraken. At the same time, […]

Ripple’s CTO David Schwartz has broken his silence, challenging claims that Ethereum is security and questioning very foundation of cryptocurrency regulations

Company Name: Alby Founders: Michael Bumann, Moritz Kaminski and René Aaron Date Founded: Open-source project founded in December 2020 / Company founded in March 2022 Location of Headquarters: Fully remote Amount of Bitcoin Held in Treasury: N/A Number of Employees: 10 Website: https://getalby.com/ Public or Private? Private Michael Bumann wants to make it simpler for […]

The Swiss-based digital asset banking group Sygnum announced today (Thursday) that it has achieved profitability in the first half of 2024. This was driven by strong growth across its core business segments. The company also revealed plans for an expansion into the European Union market in early 2025. Sygnum Reports Profitability and $4.5B in Assets […]