Recent data from Bitcoin Magazine Pro shows a significant trend among Bitcoin holders: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects a steadfast belief in Bitcoin’s long-term value, despite market fluctuations. Bitcoin Magazine Pro X The “HODL Waves” chart, a tool that visualizes the age […]
A guaranteed income program on the West Coast is preparing to hand out millions of dollars to support at-risk youth. Los Angeles County’s guaranteed income program Breathe is expanding, set to hand out around $18 million with no strings attached to people transitioning out of the foster care system. The program is gearing up to […]
TL;DR Brian Armstrong, CEO of Coinbase, supports Bitcoin as a solution to inflation, despite market turbulence and internal issues at the exchange. Brian claims that inflation is caused by excessive government spending and views BTC as a “check and balance” against currency devaluation. Coinbase plans to launch a cryptocurrency index fund, the “Coinbase 500,” to […]
TL;DR Donald Trump reveals his cryptocurrency investments valued at $3.6 million and $7 million in NFT earnings, according to his financial disclosure. The mogul holds $1.29 million in Ethereum and $989,000 in Wrapped Ethereum, and has obtained substantial income through a deal with NFT INT, LLC. Trump seeks to attract support from the crypto community […]
Pepe Unchained, the latest meme coin to trend on social media, has raised over $9 million in its ICO. Investors are scrambling to get on board early – and one analyst is even expecting the Pepe Unchained (PEPU) token to explode when it launches later this year. Pepe Unchained Plans Lightning-Fast Layer-2 Blockchain for Meme […]
BlockDAG’s 100K Wallet Milestone– The Hottest Crypto Investment as Render & Shiba Rise As the crypto seas churn with volatility, two bright beacons—Render’s (RNDR) optimistic price forecast and Shiba Inu’s (SHIB) strategic upgrade—shine through, promising bullish trends. Amid these stormy markets, investors are casting their nets wider, seeking new opportunities. Enter BlockDAG, a layer-1 innovation […]
Nigeria's crackdown on cryptocurrency donations heightens tensions as inflation surges and protests against rising living costs intensify. Written …
MATIC, the native token of the Ethereum sidechain Polygon, has had it rough in the past five months. After soaring above $1.2 in March, the token has been in freefall, dumping over 65%. For now, MATIC faces strong rejection at $0.45 and continues to distribute, which is evident in the daily chart. The lull across […]
In mid-August, bitcoin’s price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on March 14. While BTC has seen a 20.2% drop from its ATH, several other leading […]
Australia’s consumer and trading laws regulator, the ACCC, has told the Federal Court that over half of the cryptocurrency ads appearing on Facebook are either in breach of Facebook’s terms of use or are potentially scams. This claim comes as part of a case the ACCC launched against Meta in 2022, claiming the social media […]
Base has soared to become the biggest Ethereum L2 by a hefty margin, experiencing over 2x more daily transactions than its closest competitor. Popular decentralised Oracle network Chainlink has teamed up with Base to provide a suite of tools for dApp developers. The most recent integration includes Chainlink Data Streams, which will allow fast and […]
Crypto hater Peter Schiff sounds ‘anti-gold’ alarm as Bitcoin price skyrockets
The co-founders of crypto analytics platform Glassnode predict a six-figure price tag for Bitcoin (BTC) by 2025. In a new thread, Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,000 followers on the social media platform X that the crypto king will skyrocket to $100,000 by next year. However, the […]
In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.
The Lava Loans protocol (v2) is a scheme designed by Lava building upon Discreet Log Contracts (DLCs) to facilitate a trustless Bitcoin collateralized loan system. The huge implosion in the market last cycle caused by centralized platforms facilitating Bitcoin backed loans showed that left unchecked, such products and services can present a massive systemic risk […]
100K Users & Counting! BlockDAG’s X1 Mining App Draws Bitcoin Cash & Filecoin Investors in August As the crypto winds shift once more into correction mode, certain players like Filecoin and Bitcoin Cash manage to catch the bullish breeze. Yet, this instability churns the crypto waters, compelling participants to cast their nets towards newer, vibrant […]
TL;DR Defiance ETFs launches MSTX, the first Bitcoin-related leveraged ETF in the U.S., offering 175% long daily exposure to MicroStrategy. MicroStrategy’s stock, with a higher beta than Bitcoin, provides amplified exposure to Bitcoin, making MSTX attractive to sophisticated investors. MicroStrategy holds 226,500 Bitcoins, and its stock has surged 92.54% YTD, outpacing Bitcoin’s 38.52% increase, drawing […]
Financial disclosure shows presidential nominee owes $500m in civil penalties but sheds little light on solvency.
Gas fees on the Ethereum network have been declining since March 2024, but last week, they hit a level not seen in the past five years. Data on the crypto analytics platform Dune shows that the median Ethereum gas fee fell below 2 gwei last week for the first time since 2020. Median Ethereum Fees […]
Cosmos is presently held between a rock and a hard place in the market, according to crypto analyst Alan Santana. To him, this is a very opportunistic time for long-term investors, most especially those with a bullish outlook. He feels that ATOM is currently trading at quite a remarkable discount from the highs posted, hence […]
Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post […]
An interoperable Ethereum (ETH)-based decentralized finance (DeFi) platform is skyrocketing after suddenly gaining support from Binance. In a new announcement, the world’s largest crypto exchange platform by volume says that it will be adding futures contracts for interoperability protocol Synapse (SYN). “To expand the list of trading choices offered on Binance Futures and enhance users’ […]
A popular crypto trader says a potential chart pattern indicates Ethereum (ETH) could be on the verge of a correction. The analyst Ali Martinez tells his 69,400 followers on the social media platform X that ETH could be forming a rising wedge, a technical pattern that is typically interpreted as a bearish signal that indicates […]
Bitcoin (BTC) has slipped below $58,000, experiencing abnormal volatility
Spot Bitcoin ETFs experienced a total outflow of US$81.4 million, translating to 1,415 BTC amidst market fluctuations. Only BlackRock’s IBIT and Franklin Templeton’s EZBC recorded net inflows, with IBIT not seeing net outflows since 1 May, now holding 348,609 Bitcoin. The newly approved MSTX leveraged ETF by Defiance, targeting MicroStrategy, saw a remarkable US$22 million […]
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.
Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that institutional ownership of these ETFs grew from 21.4% to 24.0% between Q1 and Q2 of […]
The cryptocurrency revolution has spurred significant changes within the landscape of financial technology and banking services over the last decade. Cryptocurrency ATMs have been a key driver in making digital currency more accessible to the masses. For crypto enthusiasts like myself, watching this transformation has been particularly rewarding. These machines offer a convenient bridge between […]
A United Arab Emirates court has recognized cryptocurrencies as a mode of salary payment in a landmark ruling affecting employment contracts. According to a report by Lexology, the ruling by the Dubai Court of First Instance starkly contrasts a decision taken in a similar case and highlights the growing adoption of cryptocurrencies in the UAE. […]
Sol’s bullish bias has continued to suspend amid the latest meltdown. It has turned bearish again after seeing a short but significant recovery last week. The price is down 8% weekly, looking poise for a big crash. The recent price recovery from a monthly low of $110 appeared to have ended after failing to sustain […]
Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250000 in gold bars along with the portfolio of golf …
The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed the latest trend in the Bitcoin Bull-Bear […]