Paraguay: Cheap hydroelectricity boosts cryptocurrency. Paraguay, with its low-cost hydroelectricity, has become a center for cryptomining, attracting …

As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Friday’s GDP data will play crucial roles in […]

Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”

Long-time crypto bull Anthony Pompliano is offering his forecast on Bitcoin (BTC) as the flagship crypto asset trades in a range. In a CNBC interview, Pompliano says Bitcoin has been trading sideways over the past couple of months due to reduced activity over the summer. “Well, I think it’s just sideways summer, you know. People […]

The cryptocurrency market has experienced a turbulent day, raising questions about the sustainability of Ethereum’s DeFi sector. Bitcoin (BTC) has dropped by 2.73%, settling at $58,000, while Ethereum (ETH) fell by 4.38% to $2,421. These declines come despite hints from Federal Reserve Chair Jerome Powell about potential rate cuts, which would typically boost market sentiment. […]

BlackRock’s Bitcoin ETF has recorded its second day with negative flows since its inception

The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering platforms and one custodian have been admitted to the regulatory incubation program to test their technology. The SEC has cautioned the Nigerian public to […]

Cryptocurrency analyst and trader Jason Pizzino is offering his opinion on the likely trajectory of altcoins over the coming months. Pizzino tells his 332,000 YouTube subscribers that he is expecting an “altcoin bounce” in this year’s fourth quarter during or after the November 5th US presidential election. Pizzino says the percentage of Tether (USDT) stablecoin’s […]

Largely followed crypto analyst Altcoin Sherpa believes that one red-hot memecoin has more room to run to the upside despite astronomical gains so far this year. The pseudonymous trader tells his 221,900 followers on the social media platform X that Solana (SOL)-based meme token Popcat (POPCAT) could remain in an uptrend after bouncing off a […]

TL;DR Vetle Lunde claims that liquidation data reported by cryptocurrency exchanges such as Binance, Bybit and OKX is underestimated. Platforms have modified their APIs to limit reporting to one settlement per second, distorting the true magnitude of settlements. Lunde suggests that these changes could be motivated by public relations reasons and to maintain a competitive […]

TL;DR Restaking on Ethereum allows users to maximize security and returns by reusing already staked tokens. EigenLayer is leading the adoption of Restaking, transforming the security and interconnection of blockchain networks. SSV introduces technology that reduces risk and improves decentralization in the staking ecosystem. Restaking on the Ethereum mainnet, launched in June 2023, has completely […]

The U.S. Securities and Exchange Commission (SEC) has brought charges against two brothers for running a $60 million Ponzi scheme. Notably, the complaint was filed on August 26 in the United States District Court for the Northern District of Georgia in Atlanta. SEC Freezes Assets in Scam According to the regulator’s filing, Jonathan Adam and […]

The CEO of Bitcoin (BTC) wallet and payments application Strike believes that the top digital asset could massively outperform all other assets for one key reason. In a new interview with Peter McCormack on the What Bitcoin Did podcast, Jack Mallers says a loosening monetary policy plus Bitcoin’s finite supply could make it the top-performing […]

Donald Trump has made it clear that he wants the US to be “the crypto capital of the planet”, as per a video posted on X. Trump mentioned World Liberty Financial, a DeFi project promoted by him and his sons, which aims to provide secure, high-yield crypto investments, although details about the project remain scarce. […]

Hilbert Capital, a division of Hilbert Group AB, has entered into a significant partnership with Xapo Bank to manage a new Bitcoin hedge fund, according to a press release sent to Bitcoin Magazine.  The fund is expected to receive over $200 million in initial investment capital from Xapo Bank and other investors, according to the […]

The gambling sector stands out among the industries that have embraced cryptocurrency quickly. At the same time, some industries.

Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors.  This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this year. Critical […]

If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst.

Intriguing wallet activity appears on Bitcoin market as BTC price recovers to $61,000

Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in for a direction that can be linked to an account, allowing them to instantly receive LN payments […]

Wintermute, a leading market maker, has continued its significant withdrawals of unstaked ETH from Lido. Yesterday, the Wintermute address 0x13D…91F9F received a total of 11,007 ETH from Lido, valued at approximately $27.27 million. Shortly after, 5,501 ETH—worth around $13.8 million—was transferred to Coinbase, indicating a possible sale. Wintermute 的 Lido 提款仍在继续 过去 9 小时 Wintermute […]

The total market capitalization of stablecoins has been increasing for nearly a year now, according to blockchain analytics firm CCData.  In a new report, CCData says the total market cap of stablecoins rose by $169 billion in August, up by 2.89% from last month. The increase marks the 11th time in a row that the […]

New data reveals that Bitcoin (BTC) mining in Texas has seen a 30% increase during the month of August as electricity prices in the state nosedive. In a new thread, Pierre Rochard, the vice president of BTC mining firm RiotPlatforms, tells his 58,200 followers on the social media platform X that mining of the top […]

The company was authorized to choose between receiving a $30 million or a 500 Bitcoin loan from Galaxy Digital.

According to data from CoinMarketCap, Bitcoin has experienced a turbulent end to August, losing 7.75% of its market value in the final week. This price decline underscores the overall negative performance of the crypto market leader in the last month, with a recorded monthly price decline of 10.64%. Interestingly, amidst this downtrend, the asset’s historical […]

TL;DR Chainlink (LINK) leads in Real-World Assets (RWA) development activity, followed by Synthetix (SNX) and Centrifuge (CFG). Despite missing the list, Mantra (OM) saw a 1,700% increase this year, with some predicting it could soon lead the RWA category. No Change Among the Leaders Real-world assets (RWA) have gained traction in the past several months […]

won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin into a $258 billion “pyramid scheme.” Investors who …

BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust, experienced an outflow of $13.5 million on Thursday. This was IBIT’s first outflow since May 1st. Thursday’s outflow was the second ever for the iShares Bitcoin Trust since its launch in January. The ETF has seen consistent inflows almost daily, cementing itself as a dominant […]

TL;DR Vitalik Buterin transferred 800 ETH (approximately $2 million) to a multi-sig wallet. The price of Ether has fallen by more than 33% in the last 90 days. Buterin’s receiving wallet has supplied 1,900 ETH to AAVE and exchanged 190 ETH for 477,300 USDC. Vitalik Buterin, the co-founder of Ethereum, made a significant transfer of […]

Former President Donald Trump has teased the rollout of a new plan that he says will ensure American dominance in the crypto sector. In a video posted to his X account on Thursday morning, Trump promised to release the plan later in the day. “This afternoon, I’m laying out my plan to ensure that the […]

TL;DR Bitcoin and Ethereum prices have shown weakness this week, with declines of 4.5% to 5%, and the overall cryptocurrency market has seen a 4.4% decrease on the day. The put/call ratio for Bitcoin is 0.59, and for Ethereum it is 0.50, indicating that there are twice as many long contracts as short ones about […]

Market’s instability causes outflow on numerous digital assets