Russia has officially legalised crypto mining to circumvent Western sanctions, with the new law regulating and overseeing mining activities. The law enables crypto as a form of payment in foreign exchange and allows the Bank of Russia to create an electronic platform for crypto transactions while retaining the authority to ban risky activities. An experimental […]

Bitcoin ETFs are on a roll once again

According to a Fox Business report on Aug. 7, a new advocacy group called “Crypto for Harris” has been launched to battle rival Donald Trump’s industry appeal. The group is planning a virtual town hall meeting next week to support the Harris campaign and promote fundraising initiatives. Fox’s Eleanor Terrett reported that those speaking will […]

Yesterday marked a historic day for stablecoins, which experienced the highest number of single-day transfers ever recorded. This surge in activity comes as institutions begin to inject funds into the crypto market, taking advantage of lower prices to buy the dip. Cumberland, a major player in the crypto space, received 95 million $USDT from Tether […]

₿trust, a non-profit focused on training and funding developers from The Global South for Bitcoin open-source development, recently announced Bitcoin Core contributor and one of its board members, Abubakar Nur Khalil, as Interim CEO. 1/ 📢 Exciting news from ₿trust! We're thrilled to announce that Abubakar Nur Khalil (@ihate1999), Nigerian Bitcoin Core contributor and current […]

Cryptocurrency exchange BingX has integrated Apple Pay and Google Pay into its platform to enhance the purchase of digital assets. This step enables BingX users to purchase cryptocurrencies using 30 different fiat currencies and two payment methods. Apple Pay is now available for BingX users. Using encryption techniques, Apple Pay promises users secure transactions when […]

A closely followed crypto analyst believes that top altcoin projects could soon surge toward higher prices based on one key metric. Jamie Coutts, the chief crypto analyst at Real Vision, says that “high quality” altcoins could be approaching a market bottom based on the top 200 equal weight index versus market cap ratio. The top […]

"Playtime is about the only context cryptocurrency is good for." The latest in Today's Opinions: https://t.co/AdqIC9c2eO.

On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trading volume and price. In the 24 hours leading up to the ruling, XRP rose from $0.4933 to […]

On-chain data shows that the Bitcoin Network Value to Transactions (NVT) Golden Cross has dipped into the bottom region, which may be bullish for the asset’s price. Bitcoin NVT Golden Cross Has Seen A Sharp Decline Recently As an analyst in a CryptoQuant Quicktake post explained, the Bitcoin NVT Golden Cross is giving a bottom signal for […]

Solana validator Laine said that an attacker could have attempted to reverse engineer the vulnerability, which could have halted the network.

Bitcoin’s price recovery is nothing short of stunning

TL;DR Franklin Templeton expands his OnChain US Government Money Fund (FOBXX) to the Arbitrum network, adding Stellar and Polygon. The fund, with a market value of $420 million, seeks to integrate decentralized finance into the traditional financial system. Arbitrum will initially be available to institutional portfolios and the expansion aligns with Franklin Templeton’s strategy to […]

TL;DR Binance Labs has invested in Solayer, a restaking network on the Solana blockchain, with the goal of enhancing the security and functionality of dApps within the SOL ecosystem. Solayer aims to improve the security of the Solana blockchain. Users will be able to participate in the validator network, stake assets, and earn yields. With […]

As the US presidential race draws closer to its finale, Kamala Harris has made even more strides into the pro-crypto camp. The presiding Biden–Harris administration has been generally against digital assets, but with Harris now in charge of a 2024 presidency push, she’s switching tack. Donald Trump has entrenched himself in the crypto community, ground […]

HodlX Guest Post  Submit Your Post   ‘The Wolf of Wall Street,’ featuring Leonardo DiCaprio as Jordan Belfort, intriguingly labels its protagonist as a wolf, a nod to the frequent use of animal metaphors in financial markets to describe various trading behaviors and market conditions. This article explores common animal slang in the stock market, such […]

Japanese investment firm Metaplanet has secured a $6.8 million loan (1 billion Japanese yen) from one of its shareholders, MMXX Ventures, to increase its Bitcoin holdings. This move follows Metaplanet’s recent announcement to raise $70 million through a stock rights offering, with $58 million earmarked for Bitcoin investments. Metaplanet to Fund Bitcoin Investments Metaplanet’s loan […]

Metaplanet, a publicly listed Japanese investment firm, has secured a ¥1 billion ($6.8 million) loan to purchase additional Bitcoin. This comes just days after announcing plans to raise ¥10.08 billion through a stock rights offering, mostly for Bitcoin buys. JUST IN: 🇯🇵 Japanese public company Metaplanet secures ¥1 billion loan to buy more #Bitcoin pic.twitter.com/VNVemLD9cy […]

The Commodity Futures Trading Commission (CFTC) announced today (Thursday) that it has secured a $12.7 billion judgment against FTX and Alameda Research. These funds will reportedly be used to compensate the victims of the bankrupt exchange’s fraudulent activities. CFTC Victory in Crypto Fraud Case This ruling, handed down by the US District Court for the […]

Amid recent Spot Ethereum ETFs’ outflows, crypto whales remain unfazed as they make massive Ethereum (ETH) purchases, suggesting a bullish outlook on Ethereum (ETH) and Spot Ethereum ETFs. This recent crypto whales’ accumulation has heightened investor activity on ETFSwap FS), an ETF(ET trading platform offering huge gains in the rising crypto-ETF market. Crypto Whales Make […]

The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to be approved, is offered by QR and managed by Vortx. It is already in its pre-trading stages. Brazilian SEC Pioneers Solana Spot ETF Approval Solana […]

The seizure follows an investigation into the sale of illegal material on darknet markets and money laundering.

In the ever-evolving world of cryptocurrency, new contenders are always emerging to challenge established players. Pepe Unchained (PEPU) and Mpeppe (MPEPE) are two such presale titans that have been making waves recently. With a 310% price surge, Mpeppe (MPEPE) has caught the attention of investors who initially flocked to Pepe Unchained (PEPU). Let’s delve into […]

It’s a stamp of approval for the layer 2 from United States regulators.

Michael Saylor pokes corporate investors with new Bitcoin post

TL;DR The Democratic Party has launched the “Crypto for Harris” campaign to attract the 40 million Americans with digital assets. The strategy includes a virtual meeting with cryptocurrency advocates such as Mark Cuban and Anthony Scaramucci, and the inclusion of former crypto advisers. The campaign aims to counter Trump’s appeal among crypto voters by highlighting […]

TL;DR Bybit launches the ETH-BTC Dual Asset product, allowing users to trade BTC and ETH without converting to USDT. The new product is designed to enhance investment management in BTC and ETH, providing an efficient way to leverage value movements without converting to stablecoins. Bybit has also initiated a block trading campaign for P2P traders […]

[PRESS RELEASE – Zug, Switzerland, August 8th, 2024] The partnership entails hosting one of the initial seven validator nodes on Haven1 to provide robust security for Web3 innovations on the Haven1 proof-of-authority blockchain. This strategic partnership between AWS and Haven1 will enable broader adoption of Web3 solutions. Haven1, the REKT-Resistant EVM L1 blockchain, and Amazon […]

Austrian economics dominates the discourse on bitcoin, but it is not the only heterodox economic theory that describes the importance of a type of money that sounds strikingly like bitcoin. Aspects of degrowth and ecological economics promote an end to fiat and inflationary currencies. While we often focus on the benefits of bitcoin mining for […]

AI revenue and abilities haven’t lived up to the hype — but Wall Street and Big Tech have plenty of good reasons to stay ‘all in.’

Russia has officially legalized Cryptocurrency mining, marking a significant shift in the country’s approach to digital assets, RT reported. The new law, signed by President Vladimir Putin, introduces a comprehensive legal framework that regulates cryptocurrency mining and defines the rights and obligations of those involved in the industry. Russia Recognizes Crypto Mining The law, published […]

Michael Saylor, MicroStrategy’s Chairman, personally holds over US$1 billion in Bitcoin, with 17,732 BTC revealed four years ago and none sold since. Saylor says he views BTC as the “apex property of the United States” and an ideal investment for various entities. He even vows to acquire more Bitcoin. The company is raising over US$2 […]