T-Rex Group – a financial services company – has filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This financial vehicle is being deemed as potentially the most volatile ETF in the country. The filing with the Securities and Exchange Commission’s EDGAR platform reveals that the main aim of the […]
A widely followed crypto analyst says that one Ethereum (ETH) competitor is going to be decent moving forward while updating his outlook on Bitcoin (BTC). In a new strategy session, crypto trader Altcoin Sherpa tells his 217,600 followers on the social media platform X that smart contract platform Fantom (FTM) appears to be gearing up […]
Crypto losses to hacks and frauds in the second quarter of 2024 are down 112% compared to the same quarter of the previous year, according to new research from the bug bounty platform Immunefi. Immunefi researchers note that the entire Web3 ecosystem suffered more than $572 million in losses across April, May and June, compared […]
JAN3 boss breaks silence on recent Bitcoin sales by various market participants
May 2024 emerges as a pivotal month for Bitcoin, witnessing a notable amount of liquidation by long-term holders. Blockchain analytics firm IntoTheBlock highlighted a sell-off totaling roughly $10 billion, equivalent to approximately 160,000 BTC. This trend marked a significant departure from the usual holding patterns seen among long-term investors, who typically help stabilize Bitcoin prices […]
The SEC has filed a lawsuit against Consensys, alleging unregistered broker activities and securities sales in Brooklyn federal court. Amid broader crackdowns, SEC targets major crypto players, intensifying regulatory scrutiny despite industry hopes for a policy pivot. The US Securities and Exchange Commission (SEC) continues its crusade against crypto. On June 28 the regulator filed […]
Monochrome Bitcoin ETF excels amid market instability, now holding 65 BTC valued at AU$5.98 million. 21Shares files for a Solana ETF in the US, with little chance of approval soon, influenced by US presidential outcomes. The approval of the Ether Spot fund seems to be delayed by a week due to operational reasons at the […]
The Future of Crypto: Exploring Aptos’s High Hopes, Cosmos’s Growth Spurt, & BlockDAG’s Bold Mining Move In the bustling crypto market of Q2 2024, investors are weighing their options: Should they bet on Aptos with its promising price forecast or dive into Cosmos’s potential breakout? Amidst these established contenders, BlockDAG emerges as a revolutionary force […]
According to American entrepreneur, venture capitalist, and political activist Peter Thiel, he still holds bitcoin (BTC) but is uncertain about the future value of the cryptocurrency. Peter Thiel Talks Bitcoin: A Holder With Cautious Optimism Peter Thiel, the renowned billionaire and co-founder of Paypal, Palantir Technologies, and Founders Fund, shared his thoughts on bitcoin (BTC) […]
TL;DR Several major cryptocurrency projects will unlock tokens worth $755 million in July. AltLayer leads with the most token unlocks, followed by Xai, Aptos, and Arbitrum. Other projects such as Optimism, Forta and Tornado Cash will also make significant unlocks this month. In July, a major event is expected in the world of cryptocurrencies with […]
… cryptocurrency). The findings from the project indicate that digital currency companies will no longer require a Hawai'i-issued money transmitter …
Aside from being wary about which AI services you use, there are other steps organizations can take to protect against having data exposed.
The Pacific Island nation of Vanuatu expects to endorse a digital asset and service provider bill in September. Branan Karae, Commissioner of the Vanuatu Financial Services Commission (VFSC), announced this at a digital assets symposium organized by the country’s financial regulator on June 27. The bill is expected to be enacted during the first week […]
A proof-of-work, layer-1 altcoin has defied the crypto market doldrums and surged by 25% this week ahead of an upcoming protocol launch. Kaspa (KAS), which bills itself as “the fastest, open-source, decentralized and fully scalable layer-1 in the world,” is trading around $0.18 at time of writing, up from $0.144 seven days ago. The 27th-ranked […]
Yield App Ltd, a Seychelles-incorporated crypto investment platform, has announced the immediate suspension of all operations on its digital wealth platform, yield.app. This move comes as the company prepares to enter liquidation proceedings and aims to ensure fair and equal treatment for all users and stakeholders. Yield App Stops Operations The decision, effective today, was […]
In a landmark decision on June 28, 2024, the Supreme Court of the United States, by a 6-3 vote, overruled the longstanding Chevron doctrine, fundamentally reshaping the landscape of administrative law and judicial review. The case, Loper Bright Enterprises v. Raimondo, signals a significant shift in the balance of power between the judiciary and administrative […]
Vocal Bitcoiner Samson Mow has shared another $1 million Bitcoin prediction on his X account
A clicker game on Steam recently became the talk of the town after flipping some of the most popular games on the platform. ‘Banana’ became a sensation for its NFT-like rewards, which can be sold for over $1,000 on Steam’s marketplace. However, the clicking phenomenon has sparked a debate among crypto community members about the […]
A JPMorgan Chase customer is filing a lawsuit after the banking giant refused to reimburse thousands of dollars drained from her account by a bad actor. Real estate attorney Ebony Lucas says she recently discovered her highly active business account has been hit with $30,000 in fraudulent transactions, reports CBS News Chicago. Some of the […]
A 24-year-old man from Florida has been convicted of running a crypto-stealing scheme that also included kidnapping and assault. In a new press release, the U.S. Department of Justice (DOJ) says that Remy St. Felix, from West Palm Beach, was the mastermind of a burglary crew that targeted crypto owners from September 2022 to July […]
Crypto ETFs are trending, with Bitcoin and Ethereum leading the way; Solana may be next. VanEck has applied for the first US Solana Spot ETF, aiming to broaden the ETF landscape. The future of Solana as either a commodity or a security remains uncertain with regulatory debates ongoing. Unless you have been living under a […]
BlockDAG’s Dev Release 58: Introduction of Beta X1 Miner Bug Discovery Programme as $2 Million Reward Selection Approaches BlockDAG is creating a buzz in the cryptocurrency sector with its latest update. The recent keynote, dubbed the Moon-shot, successfully raised $53.4 million from its presale, with 11.8 billion coins purchased. The price per coin now stands […]
21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed a registration statement with the SEC to launch a solana […]
The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.
Dubai, UAE – June 29, 2024 – Cryptocurrency is rapidly gaining mainstream recognition, with many countries around the world acknowledging its …
TL;DR BlackRock reaffirms that Bitcoin is an effective hedge against geopolitical uncertainty and monetary risks. BlackRock’s BTC ETF has been the most profitable since its launch in January 2024, significantly surpassing Grayscale. Despite the decline in demand and the drop in BTC price, interest in cryptocurrencies remains strong and is expected to continue growing. BlackRock […]
A recent report highlights the impending impact of the European Union’s Markets in Crypto Assets Regulation (MiCA) on cryptocurrency trading surveillance. Commissioned by Eventus, the report, “The Impact of MiCA on Crypto Market Surveillance: Insights and Challenges,” draws from interviews with senior executives at 68 firms involved in crypto trade, conducted by Acuiti. MiCA Compliance: […]
The U.S. Securities and Exchange Commission (SEC) sued Ethereum infrastructure provider Consensys on Wednesday for allegedly failing to register key services offered within its MetaMask software wallet. The SEC’s lawsuit comes two months after it issued a Wells notice to Consensys voicing the agency’s intent to sue regarding the popular Ethereum wallet, which its website […]
Dogwifhat (WIF) is experiencing increased bearish pressure after facing a significant rejection at the $2.13 resistance level. This rejection marks a pivotal moment, pushing the price downward and signaling potential continued losses for the cryptocurrency. Market analysts and investors are closely watching this development, as the inability to break through the $2.13 barrier underscores prevailing […]
Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled.
Top US exchange Coinbase is not going to facilitate the planned merger of multiple artificial intelligence altcoin projects into a single new crypto. In an announcement via the social media platform X, Coinbase says that customers will have to initiate the merger on their own. “Ocean (OCEAN) and Fetch.ai (FET) have announced a merger to […]