The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers and retailers. The British central bank is developing […]

[PRESS RELEASE – Manila, Philippines, July 31st, 2024] Venom Foundation is thrilled to announce that $VENOM is now listed on Coins.ph, the leading crypto platform in the Philippines with over 18 million users. This strategic move represents the next significant step in Venom’s global expansion efforts, particularly into the dynamic Southeast Asian market. Key Highlights […]

Grayscale Bitcoin ETF share price plummets as clients keep withdrawing BTC

The European Securities and Markets Authority (ESMA) has released an Opinion concerning the authorization of global crypto firms under the Markets in Crypto Assets (MiCA) Regulation. This Opinion addresses the risks associated with crypto firms that seek EU authorization for activities such as crypto brokerage while keeping significant parts of their operations, such as intra-group […]

El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly …

The US government has reportedly moved more than $2 billion worth of Bitcoin (BTC) seized from the illicit online marketplace known as the Silk Road. The blockchain de-anonymizing platform Arkham Intelligence notes the government sent 10,000 BTC worth $669.35 million to one address and 19,800 BTC worth $1.33 billion to another. Arkham says the coin […]

Macro expert Luke Gromen says the winner of the November US presidential election can do something to effectively tame soaring inflation rates. In a new interview on the What Bitcoin Did YouTube channel, podcaster Peter McCormack asks Gromen what the next US president can do to strengthen the dollar and reverse the trajectory of “massive […]

The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis posted on […]

The total value locked in liquid restaking tokens has risen over 8,300% since the beginning of 2024.

TL;DR BlackRock’s Decision: BlackRock, a major issuer of Bitcoin and Ethereum ETFs, has definitively ruled out launching a Solana ETF in the near future. Despite Solana’s rapid growth, BlackRock cites low demand and technical concerns as reasons for this decision. Investability Criteria: Samara Cohen, BlackRock’s CIO for ETF and Index Investments, emphasized that they evaluate […]

TL;DR Binance will delist several trading pairs (such as ADA/TUSD and AEVO/BNB) and halt spot trading bot services for them on August 2. It also added new trading pairs like CKB/USDC and EOS/USDC to its margin trading options, enhancing diversification and flexibility for users. The Delisting Efforts The world’s largest cryptocurrency exchange will remove and […]

Bitcoin experienced a significant decline in new addresses at the beginning of June, reaching multi-year lows. However, this trend has reversed, with daily new addresses increasing by 35% since that low point, signaling renewed interest in the cryptocurrency. Bitcoin saw a significant dip in new addresses at the beginning of June, hitting multi-year lows. However, […]

Bitcoin ETF and institutional, Adam Back reveals what to expect soon

Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape in 2021, leading to a significant exodus of miners that […]

Ex-president, high-ranking officials lure crypto advocates to Bitcoin2024 event at convention center.

News Bitcoin Quant Analyst PlanB Says Rapid Doubling of Bitcoin Price Imminent – Here’s His Timeline Alex Richardson Quant analyst PlanB is predicting a big move for Bitcoin (BTC) will unfold by the end of this year, based… Bitcoin Presidential Hopeful Robert F. Kennedy Says His Administration Will Gobble Up 4,000,000 Bitcoin July 30, 2024 […]

Bitcoin btc $65,944 -1.953% Jan 3rd, 2009 Cryptocurrency Layer 1 (L1) FTX Holdings Proof of Work (PoW) 24-Hour Range $65,563 $67,545 Low High Market Cap (Mcap) Rank #1 Mcap $1.30T Fully Diluted Mcap $1.38T Supply Circulating 19,733,440 Total 21,000,000 Created On Jan 3rd, 2009 All Time High (ATH) ATH $73.74k ATH Change -10.55% ATH Date […]

The founder and CEO of crypto-focused financial services firm Galaxy Digital, Mike Novogratz, is outlining what could happen to the digital asset space after the US general election. In a new interview on Bankless, Novogratz says that after the November election, the crypto is likely to get friendlier regulation and less hostile regulators. “I think […]

On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto […]

The Wisconsin Department of Financial Institutions is launching a new scam tracker based on consumer complaints to protect investors from crypto and investment fraud.

Russia on July 30 passed a law that will allow businesses to use cryptocurrencies in international trade, as the Kremlin seeks ways to circumvent …

TL;DR Explosive Growth on Solana: PayPal’s PYUSD stablecoin has seen remarkable growth on the Solana blockchain since its May launch. However, it still holds a relatively small market share compared to other stablecoins. Distribution Breakdown: Solana-based PYUSD stablecoins have experienced a 230% increase in total circulating supply over the past 30 days, reaching nearly $252 […]

TL;DR US Political Climate and Crypto Market Price Pressure: The approval of spot Bitcoin ETFs initially boosted Bitcoin’s price in the US. However, recent political developments, including a divide between parties on crypto issues, have negatively impacted bullish sentiment. Senator Elizabeth Warren’s Influence: Republican Senator Cynthia Lummis expressed concern about the Biden administration’s approach to […]

Authorities in Hong Kong have arrested four people for allegedly defrauding victims out of cryptocurrency worth approximately $1.4 million using counterfeit cash. According to a South China Morning Post report, Hong Kong police have apprehended four people aged between 14 and 39 suspected of conspiring to defraud while possessing 5,000 counterfeit Hong Kong dollar (HK$) […]

The Department of Motor Vehicles (DMV) for the most populous state in the US is placing its vast and complex vehicle registration system on the blockchain. According to a new announcement from Ava Labs, the development firm behind Avalanche (AVAX) the State of California is using the chain to update its title transfer system. “What […]

Nine years ago, Ethereum made history with the mining of its genesis block, ushering in a new era of digital currency with the world’s first ETH tokens. Since then, Ethereum has evolved into the cornerstone of a thriving decentralized finance ecosystem, pioneering innovations that are reshaping the future of finance. Nine years ago, the ethereum […]

Fairshake, a pro-crypto and blockchain Super PAC, has now outraised all other Super PACs in the United States heading into the 2024 federal elections. The interest group’s success reflects crypto’s surging role in U.S. politics, which has culminated in vocal support from politicians aiming to protect the industry’s interests. Fairshake PAC Raises $202 Million According […]

The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery […]

Popular meme cryptocurrency SHIB shows stunning rise in this key metric overnight

After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC had already been distributed to creditors via the Kraken and Bitstamp exchanges, with another 79,600 BTC to […]

The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from.

Has AI Already Changed Gaming Forever? My Neighbor Alice Season 1 Beta Goes Live The post Telegram Game ‘Hamster Kombat’ Hits 300 Million Players, Reveals Token Allocation Plans appeared first on Crypto News Australia.