ARK Invest CEO Cathie Wood believes wirehouses will only have interest in exchange-traded funds (ETFs) for top digital assets. In a new interview with Peter McCormack at the Consensus 2024 crypto conference, Wood says that the large broker-dealers will likely embrace only a spot Bitcoin (BTC) ETF and an Ethereum (ETH) ETF. To date, only […]
A widely followed analyst and trader is predicting triple-digit gains for a leading memecoin while updating his outlook on three other crypto assets. The trader pseudonymously known as Altcoin Sherpa tells his 216,400 followers on the social media platform X that Dogecoin (DOGE) potentially surging to $0.40, about 147% above the current level, “is one […]
BlockDAG’s Forecasted Surge to $10 Sparks $37M Presale Frenzy, Outpacing SOL and BONK Amid the buzz around Solana’s potential ETF approvals and BONK’s resistance breakthroughs, BlockDAG has carved a niche with a staggering $37 million presale haul, outperforming its competitors and eyeing a $10 target by 2025. BlockDAG’s blend of cutting-edge technology and strong community […]
What’s MEV? For the uninitiated, Maximal Extractable Value (MEV) involves various techniques used by market actors to capture additional value by exploiting price inefficiencies in blockchain transactions. One naive form of MEV is called “transaction sniping.” Most recently, manifestations of this phenomenon have begun populating your local Bitcoin memepools because of ordinals trading. Without going […]
Bill Morgan has clarified that Ripple is not suppressing XRP sales
Economist Peter Schiff cautions against buying U.S. dollars or selling gold, citing rising Treasury yields as a result of the government’s failure to control the national debt and inflation. He notes the widening trade deficits, suggesting an unproductive economy will further weaken the dollar and increase prices. Schiff Warns Against Buying US Dollars Economist and […]
Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry.
[PRESS RELEASE – San Fransico, California, May 30th, 2024] This partnership provides Coindisco’s community with a reliable, regulated, and trusted payment system that drives more approvals and more revenue from more digital assets. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, integrates today with Coindisco for buying and monitoring the user’s preferred […]
More than $18 billion worth of cryptocurrency has shifted to a new platform type offering rewards for locking up tokens, a scheme that analysts warn poses significant risks for users and the broader crypto market. The increasing popularity of “re-staking” highlights the rising risk appetite in crypto markets as prices surge and traders chase higher […]
The CEO of Bitcoin (BTC) wallet and payments application Strike, Jack Mallers, believes that the top digital asset could hit seven figures by the end of 2025. In a new interview with Daniela Cambone, Mallers says he thinks the US government will start printing money to pay its record-high $34.577 trillion debt obligations. Because the […]
Asset management titan BlackRock is amending its spot market Ethereum (ETH) exchange-traded fund (ETF) filing with the U.S. Securities and Exchange Commission (SEC). According to new documents, BlackRock – which has over $10 million in assets under its management – has amended its S-1 filing with the regulatory agency as the approvals process enters its […]
TL;DR Biden’s campaign intensifies its outreach to the crypto industry. Lummis highlights progress in education on cryptocurrencies. Cryptocurrencies are gaining relevance in American politics and economy. President Joe Biden‘s re-election campaign has taken a surprising turn by intensifying its outreach to the crypto industry. In a move that marks a significant change in the administration’s […]
The AI firm has terminated accounts linked to several alleged foreign covert influence operations.
XRP price extended losses below the $0.5220 support zone. It tested the $0.5120 support and now attempting another recovery wave toward $0.550. XRP is struggling to start a fresh increase above the $0.5320 resistance zone. The price is now trading below $0.530 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]
Fentanyl, a synthetic opioid that is pharmaceutically approved for treating severe pain, has been illegally manufactured and distributed through …
“I’m sorry, but there’s nothing more I can do to help you.” Samara Asset Group (FRA: ECV) CEO Patrick Lowry had some choice words when it came to explaining just how much opportunity, and perhaps myopia, exists in the financial universe when it comes to Bitcoin. In a recent Twitter Spaces, Lowry laid out his […]
David Schwartz once again dispels the rumor that he is the Bitcoin creator Satoshi
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both countries. Hester Peirce Pushes for US-UK Collaborative Financial Sandbox U.S. Securities and Exchange […]
Donald Trump has officially been found guilty on 34 counts of falsifying business records. The verdict comes due to allegations against the former president for covering up “hush money” paid to Hall of Famer (yes, this is a real thing) Stormy Daniels. Meanwhile, Biden has continued down the pro-crypto path the Democrats hinted at after […]
In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly […]
BNB’s price continued to shrink amid the latest market indecisiveness, although it still trades in a bullish zone as big shockwaves lurk around the corner, It is currently down 3% weekly with no signs of major move. Without any doubt, BNB has seen a noticeable increase in the past month but is still finding it […]
Cryptocurrency trading platform HTX, formerly known as Huobi, has surpassed the United States-based exchange Coinbase in terms of spot trading volumes. Tron founder Justin Sun, who serves as an adviser to HTX and holds substantial assets on the platform, announced on May 27 that HTX had outpaced Coinbase in spot trading volume for the first […]
A federal complaint lodged against a Metairie man last week accuses him of paying for child pornography through cryptocurrency online.
A widely followed crypto analyst says that Bitcoin (BTC) is on the cusp of entering the parabolic phase of the market cycle. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 474,000 followers on the social media platform X that it appears as if the crypto king is one weekly close away […]
Russian commodities firms are reportedly using the top stablecoin USDT to execute financial transactions with Chinese companies. Bloomberg, citing “top executives at the companies,” reports that at least two metals producers in Russia use the Tether-issued stablecoin and other crypto assets to facilitate cross-border transactions with clients and suppliers in China. The companies, which are […]
Bitcoin financial services firm and UATX plan to raise $5 million to invest in BTC for the next five years.
BNB price started a recovery wave from the $585 support zone. The bulls must clear the $600 resistance zone to push the price into a positive zone in the near term. BNB price extended losses and tested the $585 support zone. The price is now trading below $600 and the 100-hourly simple moving average. There […]
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in the negotiation stage. More Companies Looking to Adopt Microstrategy’s Bitcoin […]
TL;DR According to Goldman Sachs’ Mathew McDermott, the approval of Bitcoin ETFs marked a psychological turning point. The success of the ETFs triggered a surge in BTC’s price, solidifying its position as the leading cryptocurrency. Goldman Sachs clients primarily focus on BTC and ETH, but McDermott doesn’t rule out the approval of ETFs for other […]
Ethereum founder Vitalik Buterin warns that in crypto industry, term ‘official’ often signals scam
Unchained and the University of Austin (UATX) have announced their collaboration to hold Bitcoin in the University’s long-term endowment. In a groundbreaking partnership, Unchained and the University of Austin @uaustinorg are launching the first long-term endowment fund held in #bitcoin. https://t.co/6KZO7YiBBo — Unchained (@unchainedcom) May 30, 2024 “I’ve been very passionate about what UATX is […]
Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% stake in Bitfarms and plans to make a public takeover offer despite the company’s board’s recent rejection. Global Bitcoin Mining Giant Riot has proposed an […]