Meme coins continue to rally as we enter July. Dogwifhat, Bonk, and Brett are leading the way, all posting solid gains in the past 24 hours. Meanwhile, Base Dawgz is impressing in its presale phase – and has just passed the $2.2 million funding milestone. Dogwifhat Turns Heads with Sharp Price Rise Dogwifhat’s (WIF) recent […]
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
Japan's multi-industry conglomerate Sony is set to launch a cryptocurrency exchange subsidiary by revamping the local trading platform WhaleFin.
Sony Corporation is preparing to launch a cryptocurrency exchange subsidiary by transforming the local trading platform WhaleFin, which it acquired last year. According to a press release today (Monday), WhaleFin has been rebranded as S.BLOX Co. The subsidiary aims to collaborate with Sony Group’s other businesses to enhance its crypto trading services. S.BLOX Launch Date […]
Pseudonymous analyst Rekt Capital says that one benchmark indicator is signaling that Bitcoin (BTC) is currently undervalued, with more upside to be captured. In a new video update, the analyst takes a look at the Pi Cycle top indicator, which has been used on Bitcoin for nearly a decade. The Pi Cycle top indicator uses […]
Sony Group is preparing to launch a Bitcoin and crypto exchange in Japan after acquiring Amber Group’s local subsidiary, Amber Japan. The revamped exchange will be called S.BLOX and aim to boost Sony’s presence in the Bitcoin and crypto space. JUST IN: 🇯🇵 $103 billion Sony to launch #Bitcoin and crypto exchange. pic.twitter.com/wUAE1l8eq5 — Bitcoin […]
Senior managers at BlackRock are optimistic about their IBIT fund’s early success post-launch. They have identified access as a key advantage of these funds and view Bitcoin as a volatile, nascent asset that serves as a hedge against risks. Meanwhile, interest in crypto funds is increasing, though amid delays for the Ether funds it’s unclear […]
Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a notorious breeding ground for volatility, has been especially significant in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC weekend trading volumes have plunged to historic lows, potentially […]
Bitcoin went through serious reductions throughout last month but is now back in an upward range, gaining traction with a 3% surge in the last 24 hours. More growths may continue to leave the bears in disbelief. During last month’s sell-off, Bitcoin lost several support levels and fell to the $58,402 level – leading to […]
Macro guru Raoul Pal says that a new wave of liquidity is set to arrive to financial markets, changing the climate for risk assets. In a new video update with Real Vision analyst Julien Bittel, Pal forecasts that a number of different catalysts will boost global liquidity, which he thinks is the main driver of […]
S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions.
The world of cryptocurrency is witnessing a significant shift as regulatory bodies across the globe are stepping up their efforts to establish a …
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones […]
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin Miners’ Hashprice and Revenue Decline in June Miners faced challenges during the […]
Singapore has blockchain technology firm Paxos full approval, granting the New York-based firm the permission to offer digital payment token services through its entity, Paxos Digital Singapore Pte. Ltd. This approval from the Monetary Authority of Singapore (MAS) enables Paxos to issue stablecoins under the upcoming stablecoin regulatory framework. Paxos Expands Global Reach With this […]
The price of the leading cryptocurrency by market cap could be on track to double this year, according to Fred Krueger
When they descended into coal mines, miners would take a caged canary with them. The toxic gasses, notably carbon monoxide, that accumulate in these places and pose a deadly risk to miners, would kill the canaries before the miners. This information made them aware of the danger, enabling them to evacuate before it was too […]
An exchange-traded fund (ETF) expert at Bloomberg is moving his estimated date for the approval of spot market Ethereum (ETH) ETFs following recent comments made by the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, Bloomberg ETF specialist Eric Balchunas says that spot ETH ETFs likely won’t […]
Bitcoin (BTC) is on the brink of a significant price movement as it approaches the crucial resistance level of $64,515. The cryptocurrency asset has been experiencing an upward trend, gaining momentum and investor confidence. Breaking through this key resistance could act as a catalyst for a major rally, potentially pushing BTC to new heights. Traders […]
May was the biggest month in terms of crypto losses in 2024 so far, with nearly $385 million in net losses suffered from crypto hacks.
Bouncing off a key price area into a brief consolidation phase last week, Ethereum suspended bearish actions and increased above $3,500 earlier today. Despite retracing slightly, it is still up 4% on the weekly scale. A week ago, Ethereum tested the $3,240 level after witnessing several crackdowns for a month. It rejected the price level […]
Solana has enjoyed a terrific week of trading, with the price of SOL gaining over 14%. Analysts believe the counter-move from Solana comes on the back of major technological advances within the ecosystem. Solana is introducing Blockchain links (blinks) and ZK Compression, two separate changes set to improve adoption and developer access. Additionally, financial institution […]
The SEC has postponed the approval of Spot Ethereum ETFs, now expected mid-July or later. Applicants must submit revised S-1 forms by July 8. Further filings are anticipated before the ETFs can commence trading. The writing was on the wall, and it has been confirmed. The US Securities and Exchange Commission (SEC) has delayed the […]
Conversely, such data isn't required when dealing with cryptocurrency transactions. Such platforms as 1xBit practice blockchain technology that …
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Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which […]
The month of June was a tumultuous one for the Bitcoin price as it brought quite a lot of volatility. Unfortunately, the price action was resolved to the downside, and the bears managed to push it down by 7.12%. Will July be different? Bitcoin Price Bullish in July With June behind our backs, it’s worth […]
David Portnoy plans to buy up to $10 million worth of Bitcoin if price hits rock bottom
Ethereum, the world’s second-largest blockchain platform, has entered a new era marked by record-low transaction fees. This dramatic shift, the most significant since 2016, has sent ripples of excitement through the cryptocurrency community, raising hopes for increased adoption and a more accessible DeFi (Decentralized Finance) landscape. From Pricey To Penny-Pinching Previously, Ethereum’s notorious gas fees, […]
The derivatives arm of crypto exchange Coinbase has just submitted to the Commodity Futures Trading Commission (CFTC) documents to self-certify the listing of new futures products tied to five popular crypto assets. According to the filings, Coinbase Derivatives is launching futures contracts for Avalanche (AVA), Chainlink (LNK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHB), […]
Charles Hoskinson, co-founder of Cardano, raises concerns over AI censorship and the selective training of AI systems at the hands of the big tech companies developing the models.
Once MiCA is in place, the EU will have one of the most comprehensive frameworks for crypto-asset issuers and service providers globally.