Iris Energy Limited, the publicly-listed Wall Street Bitcoin (BTC) mining company (NASDAQ: IREN) that recently pivoted to promoting itself as a high-performance computing (HPC) data center operator, is facing a class action lawsuit alleging it misrepresented its capabilities and prospects to investors. Wall Street Bitcoin Miner Faces Lawsuit over Alleged Misrepresentation of Data Center Capabilities […]
We are proud to announce Kraken has been named the #1 crypto exchange by Forbes, solidifying our position as a leader in the cryptocurrency market. This recognition is a testament to Kraken’s commitment to providing a secure, reliable and client-friendly platform for buying, selling and trading digital assets. So, what sets Kraken apart from its […]
Investment management giant VanEck is launching a new multimillion-dollar venture fund focused on crypto and artificial intelligence (AI). In a new press release, the exchange-trade fund (ETF) provider announces the launch of VanEck Ventures, a $30 million early seed fund focused on investing in firms that are “operating at the intersection of fintech, digital assets, […]
Ethereum price extended losses and tested the $2,350 support. ETH is now consolidating and might aim for a fresh increase above the $2,400 resistance. Ethereum started a downside correction below the $2,400 zone. The price is trading just above $2,420 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel […]
The FBI issued a warning to cryptocurrency investors that the digital currency has become a major target for hackers and thieves.
Because biometric data cannot be replaced, storing the data requires the highest levels of security, Evin McMullen told Cointelegraph.
Analysts Say This New Exchange Coin Below $0.1 Can Mirror BNB ICO Growth; Ethereum To Reach $6,000. Binance Coin (BNB) has seen exponential growth in the past few years, rallying more than 200x from its initial crypto ICO price of $0.15 to a peak of $720.67. Now, experts are saying that similar growth could occur […]
Renowned economist and outspoken Bitcoin skeptic Peter Schiff took to X on October 9 to weigh in on the U.S. government’s impending sale of 69,370 Bitcoin, worth roughly $4.3 billion. His post sparked lively responses from Bitcoin supporters and critics alike, reigniting debates over the virtual asset’s value. Silk Road Bitcoin Up For Grabs Schiff’s […]
Residents of a town in Texas are suing a publicly listed Bitcoin (BTC) mining firm over noise pollution. According to a lawsuit filed earlier this month by Citizens Concerned About Wolf Hollow, a community group for residents of Granbury in Hood County, Texas, a cryptocurrency mine currently operated by Marathon Digital Holdings (NASDAQ: MARA) is […]
JAN3 CEO Samson Mow suggested that traditional financial institutions operate in the shadows to prevent more nations from following El Salvador’s path of integrating Bitcoin into their financial systems. Mow commented on a specific case involving the World Bank and another nation. JAN3 CEO Samson Mow: ‘Covert Operations’ Are Undermining Countries’ Will of Adopting Bitcoin […]
The head of blockchain analytics platform CryptoQuant says that ancient Bitcoin (BTC) whales are largely remaining dormant. Ki Young Ju tells his 363,800 followers on the social media platform X that the Spent Output Age Bands (SOAB) metric indicates long-term holders of Bitcoin are not moving their coins. The SOAB bundles spent coins into categories […]
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Wirex Pay has launched early access to its new app for select whitelisted users. The app is part of Wirex’s decentralized payment network, aiming to update the use of digital assets in everyday payments. This early phase allows users to test the system before a broader rollout. Direct Crypto Payments Worldwide Wirex Pay is designed […]
TL;DR HBO claims in a documentary that Peter Todd is Satoshi Nakamoto, based on circumstantial evidence. Todd has denied this claim, calling it “ridiculous” and rejected by the Bitcoin community. Critics of the documentary argue that such theories lack evidence and endanger innocent people. A recent HBO documentary titled Money Electric: The Bitcoin Mystery has […]
TL;DR Analysts from QCP Capital warn about the vulnerability of the crypto market to downward movements, due to the increase in funding rates for perpetual futures. The increase in long positions and speculative activity in memecoins could increase the risk of unexpected corrections in a bullish trend environment. Despite these warnings, QCP Capital maintains an […]
Bitcoin’s exchange-traded funds (ETFs) are once again generating headlines due to an extraordinary increase in inflows. An investment of $235.2 million in Bitcoin ETFs occurred on October 8, indicating a substantial increase in investor appetite. This surge, based on data from Farside Investors, follows a relatively uneventful beginning to the month, but it indicates a […]
VanEck announces a new US$30 million venture fund focusing on fintech, crypto, and AI, with investments of about US$1 million across 25-30 startups. General partner Wyatt Lonergan emphasises the fund’s focus on fintech at the intersection of crypto and AI, highlighting stablecoins as central to its strategy. The fund plans to leverage blockchain and AI […]
Crypto market shows downturn with major assets like BTC and ETH falling, and the Fear & Greed index indicating fear. Dan Gambardello targets a US$135K Bitcoin by 2025, despite potential short-term declines. Timothy Peterson predicts a 30-60% BTC increase this quarter, eyeing US$100K by year’s end. Matt Hougan links Bitcoin’s potential US$80K rise to US […]
BOSTON : Three cryptocurrency companies and 15 individuals have been charged in what U.S. prosecutors on Wednesday called the first criminal …
A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities.
Regulators in Taiwan are reportedly planning a trial run of crypto custody services in local banks next year. According to a new report by the Central News Agency (CNA), a media outlet backed by the government of Singapore, Taiwan’s Financial Supervisory Commission (FSC) is planning on letting banks trial digital asset custody services starting Q1 […]
A top analyst known for calling Bitcoin (BTC) bottoms is warning that the rallies witnessed by the crypto markets to start the week may been a bull trap. Pseudonymous analyst Bluntz tells his 279,800 followers on the social media platform X that Bitcoin looks short-term bearish after failing to rally above 0.618 Fibonacci level. Traders […]
On Oct. 10, crypto researcher ‘FreeSamourai’ told his X followers that around 7,000 ETH of the remaining 542,000 ETH from the PlusToken seizures was sent to exchanges. This indicates “intent to begin selling the remaining tokens,” they stated, but this remains to be seen, and no major selloff has occurred yet. The remaining stash of […]
According to NYDIG, Bitcoin has emerged as the best-performing asset of 2024, boasting a year-to-date gain of 49.2%, even in light of a lackluster Q3. A long-dormant whale, who recently reactivated after a lengthy period of inactivity, moved another $634,000 worth of Bitcoin to Kraken this morning. This whale’s BTC holdings are particularly notable, as […]
Bulls still moving toward long-term recovery, but they need need much more power
PRESS RELEASE. ABD Systems, a company with over 13 years of experience in IT solutions, recently announced that its new crypto project, the ABDS Token, successfully completed KYC verification through CertiK, earning high recognition in the process. This achievement wasn’t just the standard KYC check but was done with special distinction. The ABD Systems team […]
Muinmos, a Danish RegTech firm, and cryptocurrency firm XBO.com partnered to improve how crypto exchanges onboard users. This collaboration promises speed, efficiency, and compliance with regulatory standards. Automating Compliance XBO.com’s integration of Muinmos’ software-as-a-service platform aims to improve users’ experiences while strengthening the exchange’s risk management capabilities. According to a statement shared with Finance Magnates, […]
AI development must strike a balance between enhancing efficiency while accounting for ethical and safety considerations.
XRP price is still trading in a range below the $0.550 level. The price is slowly moving lower and there could be more downsides below $0.520. XRP price is still stuck in a range above the $0.5080 support. The price is now trading below $0.5300 and the 100-hourly Simple Moving Average. There is a connecting […]
A participant in Ethereum’s 2014 initial coin offering (ICO) has reportedly unloaded more than $113 million worth of ETH in the past couple of weeks. The crypto tracker Lookonchain notes the whale dumped 5,000 ETH worth $12.22 million to a Kraken deposit address on Monday, continuing a selling spree that started last month. Since September […]
HodlX Guest Post Submit Your Post In January 2024, leading private equity firm Blackstone announced it was building a $25 billion AI data empire. A few months later, OpenAI and Microsoft followed suit with a proposition to build Stargate, a $100 billion AI supercomputer that will launch the company to the forefront of the AI […]
GameFi is in a state of flux, where the most popular titles are simple “clicker” games, while more ambitious games struggle to integrate blockchain technology. All that may be set to change with the release of Off the Grid, now available in early access on major gaming consoles. The Battle Royale style game boasts impressive […]