… cryptocurrency mining. For the uninitiated, cryptocurrency mining uses giant server farms to create digital currency like Bitcoin. Georgia is …

SEC Chair Gensler has voiced concern over unethical conduct within crypto exchanges, noting that the introduction of spot Ethereum ETFs will require additional time. Gensler’s comments were made during a June 5 interview on CNBC, where he also responded to Jim Cramer’s inquiries about potential exchange-traded products for cryptocurrencies beyond Bitcoin and Ethereum. Gensler Criticizes […]

Recent price action has seen Shiba Inu bouncing off major price support at $0.00002379 after what might be propelled by an interesting movement from the whales. According to on-chain data, a particular SHIB trading expert is buying SHIB in massive amounts. This trader, known for making bank on Shiba Inu in its early days, now […]

Over the last four years, President Joe Biden has demonstrated a clear reluctance to support the Bitcoin and cryptocurrency industry, as recently evidenced by his veto of significant legislation and the broader stance of his administration. On May 31, Biden vetoed a pivotal bill that would have allowed highly trusted financial institutions to custody Bitcoin […]

The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets with each USDL backed 1:1 in U.S. dollar value. New ‘Lift Dollar’ Stablecoin Offers Daily Returns on […]

Dogecoin (DOGE) rival Floki (FLOKI) is soaring as crypto investment firm DWF Labs commits to a new massive purchase of the memecoin. DWF Labs tells its 85,800 followers on the social media platform X that Floki’s ecosystem advancements are cementing the project’s position in the digital assets sector. “Thrilled to announce our continuing support for […]

A new post from an influencer behind the 2021 GameStop short squeeze, Roaring Kitty, saw GameStop shares close almost 50% higher on Thursday. Roaring Kitty’s reemergence on social channels, and an upcoming YouTube livestream, have stoked excitement for both meme stocks and memecoins. The highly volatile and hype-driven meme stock GameStop has once again taken […]

Early crypto investor Roger Ver, known by many as “Bitcoin Jesus,” was granted bail in Spain but still faces extradition to the U.S. for tax fraud charges.

Market clearly regaining some traction, but things may get ugly

AI platform coins are emerging as a dominant force in the cryptocurrency landscape, effectively becoming the new breed of meme coins. Over the past 18 months, these coins have demonstrated remarkable resilience and growth, often outperforming even Bitcoin during market fluctuations. Every minor uptrend in Bitcoin’s price curve sees AI and meme coins not only […]

Binance has reportedly reintroduced Mastercard payments for crypto purchases. This step arrived after Mastercard paused this service in August 2023 due to legal challenges facing Binance in the US. Both the US Securities and Exchange Commission and the Commodity Futures Trading Commission had filed multiple charges against the exchange, leading to a temporary cessation of […]

We’re thrilled to announce that Pendle (PENDLE), is now available on Kraken! Funding and trading PENDLE funding is now available and trading starts on June 6. Add your token to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Make sure to deposit your tokens into the networks supported by Kraken. Deposits […]

Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is orchestrating a large funding round before a potential initial public offering next year, according to a new report from Bloomberg. Sources contacted by the outlet say the exchange likely aims to raise $100 million before the move. Kraken To Go Public? […]

TL;DR Acquisition Move: Robinhood Markets Inc. is acquiring Bitstamp for $200 million to expand its global crypto offerings, despite facing scrutiny from the SEC and a potential lawsuit. Strategic Growth: The purchase of Bitstamp aligns with Robinhood’s strategy to diversify and enhance its financial services, particularly in crypto trading, leveraging Bitstamp’s regulatory framework and international reach. Regulatory […]

This highlights an even higher drop in whales' holdings measured in LINK, raising a relevant signal to the cryptocurrency market. Picks for you. 2 …

Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin Falling Even As Prices Approach All-Time Highs Even as Bitcoin prints impressive higher highs, […]

There’s a three-way race for the top slot, with Microsoft maintaining a slight edge.

Robinhood has agreed to acquire leading Bitcoin and crypto exchange Bitstamp for $200 million in cash, marking a major expansion of its Bitcoin and crypto business. The deal is expected to close in the first half of 2025. BREAKING: ROBINHOOD BUYS #BITCOIN AND CRYPTO EXCHANGE BITSTAMP FOR $200 MILLION. pic.twitter.com/Q9LfBDw3Di — Bitcoin Magazine (@BitcoinMagazine) June […]

Local reports indicate that lines of several dozen people are waiting to purchase gold bullion from various state-owned banks in Vietnam, primarily in Hanoi and Ho Chi Minh. The interest in buying the precious metal at this time seems to be driven by the lower prices these banks offer to retail investors, in line with […]

Bitcoin’s technical indicators show mixed signals as they suggest cautious optimism for traders

Binance Coin has burst past the US $700 milestone to record a new all-time high. The token is at its highest price point in nearly three years, after its previous ATH was set in late 2021. Positive investor sentiment is largely behind BNB’s bull run, with the coin experiencing massive trading volume amid heightened ecosystem […]

Jim Cramer has asked SEC Chair Gary Gensler if there should be ETFs based on a number of memecoins and altcoins, including the Solana-based memecoin BONK. Cramer’s reasoning seems to be that if a cryptocurrency has a large trading volume it should have an ETF. Gensler’s response was unenthusiastic, saying crypto is far too rife […]

Gary Gensler once described the Securities and Exchange Commission’s (SEC) role in policing the “Wild West” crypto industry as a “cop on the beat”. Although anecdotal, what has since followed is a series of high-profile civil lawsuits against some of the sector’s largest players. Yet, a statement like this would only ring true if the […]

We’re thrilled to announce that PlayDapp (PDA) is now available on Kraken! Kraken has completed the token distribution, and eligible PLA holders have now received PDA in their Kraken accounts. Funding and trading PDA funding is live and trading starts June 6. Add your token to your Kraken account by navigating to Funding, selecting the […]

[PRESS RELEASE – Dubai, UAE, June 6th, 2024] Mythos Research, a research and advisory firm, has released an in-depth report analyzing Aethir, a pioneering decentralized platform for GPU-as-a-Service (GPUaaS). Published in collaboration with CMC Research, this comprehensive study provides invaluable insights into Aethir’s innovative solutions, technology, strategic partnerships, and market positioning within the rapidly evolving […]

Just yesterday, the US spot Bitcoin ETFs recorded the second highest inflow since its inception, with a whopping sum of over $887 million. This marks the largest inflow since the 12th of March 2024. Amid this remarkable feat, analysts predict the best cryptos to buy and this includes KangaMoon and Ethereum as these top crypto […]

Stricter Regulations on Cryptocurrency Platforms in Nigeria to Boost Naira The Nigerian government is set to implement tighter rules on …

Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program.

As the crypto community stands on the brink of what could be a major season for the altcoin market, numerous indicators suggest that a significant market shift may soon be underway. Notably, the focus within the crypto market is poised to transition from Bitcoin to its contenders—altcoins—which are speculated to offer higher returns in the […]

In a bold forecast, Standard Chartered’s head of digital assets research, Geoff Kendrick, has predicted that Bitcoin could surge to $150,000 if Donald Trump wins the upcoming U.S. presidential election. “As we approach the U.S. election, I expect $100,000 to be reached and then $150,000 by year-end in the case of a Trump victory,” Kendrick […]

Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics have not been determined. This statement was made to clarify earlier reports by […]

TL;DR Global liquidity reaches a record near $100 trillion, generating optimism in the Bitcoin market. Analyses by Philip Swift suggest that the increase in global liquidity could further boost the current bullish rally of BTC. The growing activity of institutional investors in BTC, along with the adoption of ETFs, heralds a bullish future. Global liquidity […]