TL;DR Milestone Achievement: PayPal’s stablecoin, PYUSD, surpassed $1 billion in market capitalization, driven by its expansion to the Solana blockchain. DeFi Incentives: Attractive yield incentives on Solana-based DeFi protocols have significantly boosted PYUSD’s adoption and market presence. Competitive Landscape: Despite facing competition from established stablecoins like USDT and USDC, PayPal is actively integrating PYUSD into […]

Applications for registration as a cryptoasset exchange or custodian wallet provider have dropped by 51% over the past three years, according to data obtained through a Freedom of Information (FoI) request by global law firm Reed Smith. The Financial Conduct Authority (FCA) reported that only 29 applications were submitted between May 1, 2023, and April […]

Today marks the tenth anniversary of the passing of Hal Finney, a renowned cryptographer and computer scientist who played a pivotal role in the early days of Bitcoin. Finney, who passed away in 2014 due to complications from ALS, is celebrated for his profound contributions to Bitcoin and his foresight into the future potential of […]

Today the market capitalization of cryptocurrencies has dropped by more than 5% compared to yesterday's prices and there have been strong …

Of late, Floki has been in the headlines, with investors apparently mixing this frenzy with a mix of technical analysis and improving on-chain data. Floki, a meme coin named after Elon Musk’s Shiba Inu dog, is making waves within the crypto market. According to analysts such as CryptoAnalystHub and Javon Marks, this token is predicted […]

Bitcoin Soars on Fed Pivot: Bitcoin surged 7% following Fed Chair Powell’s Jackson Hole speech. But can it last? I took advantage of the momentum, pocketing $10k AUD in just 24 hours! Are Alts Ready to Explode? Altcoins are breaking out! resistance levels have been shattered, and support levels are being retested. Is it time […]

Wyoming is reportedly planning to soon launch its own stablecoin pegged to the US dollar in an effort to generate additional revenue. CNBC reports that the state is hoping to roll out the so-called Wyoming stable token by the first quarter of 2025. The token project aims to allow businesses and individuals to transact in […]

Bitcoin & Solana Slump Sparks Rush: Grab BlockDAG at Low Prices Now— Few Coins Remaining! As Bitcoin slips to a precarious $59,000, sparking fears of a sharper descent, and as Solana’s trading volume takes a 72% hit, the crypto market writhes in uncertainty. This situation brews a perfect storm for the vigilant: the nearing close […]

Renowned Bitcoin supporter Michael Saylor has published tweet about ‘Bitcoin rules’

Starknet’s v0.13.2 upgrade brings faster transactions with parallel execution, redefining Layer 2 scaling on Ethereum.

Bitcoin.com, a leader in the cryptocurrency space since 2015, has once again raised the bar by launching an innovative Web3 game in collaboration with Playnance, a Web3 game developer founded in 2020. The new offering, called “Bitcoin Up or Down,” allows users to predict Bitcoin price movements and earn rewards. Players choose to join the […]

Ripple has been trading within a tight range of $0.55 to $0.63, with the price recently facing a significant rejection near the critical $0.64 resistance level, retracing toward the range’s lower boundary. Despite this pullback, the asset is anticipated to undergo a period of sideways consolidation within this range until a breakout occurs. XRP Analysis […]

Ownership and trading in cryptocurrency are no longer the preserve of the sophisticated investor. In 2024, the investment website Investopedia …

Partnerships with major football brands like Juventus and Atalanta are set to help Polish-born cryptocurrency exchange zondacrypto spread its international wings. In an exclusive interview with Finance Magnates, the platform’s CEO Przemyslaw Kral reveals the company’s plans for the coming quarters and shares predictions for future Bitcoin (BTC) prices. zondacrypto Bets on Sports to Gain […]

Bitcoin is weaving through a consolidation phase since marking a new all-time high of $73,777 in mid-March. Since then, Bitcoin’s daily closing prices have exhibited significant restraint, never sealing above $71,500 and maintaining a floor above $54,000, though it has seen a major intraday low touching $49,000. This consolidation phase has nudged the Fear and […]

Nasdaq, in collaboration with CF Benchmarks, has filed with the Securities and Exchange Commission (SEC) to list and trade the Nasdaq Bitcoin Index Options (XBTX). If approved, this new product will offer investors a sophisticated tool to manage and hedge their Bitcoin investments through options, which the Nasdaq said will further “the maturity and liquidity […]

Ex-Goldman Sachs executive Raoul Pal believes that Ethereum (ETH) competitor Solana (SOL) could have a massive price explosion this cycle. In a new interview on the Empire podcast, Pal predicts that Solana will put up somewhere around 900% gains in the coming months. “The whole space goes up a lot [in the next 12 months]. […]

TL;DR Terraform Labs (TFL) will begin to close its operations and management of the Terra blockchain will become a community-based process. Proposal 4818 will be the last upgrade to the chain before TFL closes its operations. The key bankruptcy restructuring hearing is scheduled for September 19 and will determine the future of the company. Terraform […]

Coinbase chief executive Brian Armstrong has rolled out a new “on-chain score” platform for crypto wallets. Onchainscore.xyz assesses crypto wallets for “onchain-nativeness” on a 1-100 scale and provides information about the wallet’s activity history, token swaps, bridge transactions and the number of transactions on Ethereum (ETH) and the layer-2 scaling solution Base. Armstrong shared results […]

One of oldest assets on market might finally turn into part of history

Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds.

The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable […]

As the global market cap decreases this week, XRP turns slightly bearish after tapping $0.63. It has seen a 10% loss but is still charging for more drops. This may lead to a huge fallout if the bulls fail to intercept.  Since the price dropped from the $0.66 level in July, XRP has found it […]

Bitcoin, the first cryptocurrency, was introduced in 2009 and quickly became known for its decentralized nature, providing a new way to conduct …

Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round. 

Tron (TRX) has been making headlines with its stellar performance over the past few weeks, soaring over 30% and reaching a current trading price of $0.1606. This surge has solidified its position among the top 10 cryptocurrencies by market capitalization, boasting a market cap close to $14 billion. As Tron (TRX) continues to captivate the […]

In the rapidly expanding global Bitcoin community, Western biases often dominate the narrative, overlooking diverse stories from around the world. One such story belongs to Didier Somnuke, a small business owner in the heart of Bangkok, a city known for welcoming 22.8 million international tourists in 2023, surpassing cities like Paris, London, and New York […]

Bitcoin miners have been accused of holding electricity hostage in Texas

Maker, one of the first and largest DeFi lending protocols on Ethereum, has rebranded to “Sky” following key upgrades to its decentralized stablecoin system. That stablecoin, previously known as DAI, has also rebranded to USDS, and the MKR governance token has been changed to SKY. From MKR to SKY: What’s New? As announced over Twitter […]

The world’s first electronic stock exchange is asking the top US securities regulator to approve Bitcoin (BTC) index options. According to a new report from Reuters, Nasdaq is seeking approval from the U.S. Securities and Exchanges Commission (SEC) to list a Nasdaq Bitcoin Index Options (XBTX) product. The SEC has not yet approved options based on […]

TL;DR Hilbert Group and Xapo Bank have launched a Bitcoin-denominated hedge fund with an initial investment of over $200 million, set to begin in September 2024. The fund will offer investment opportunities in BTC through structured credit agreements not directly available on the market, targeting corporations and professional investors. Hilbert Group expects significant growth from […]

Crypto-friendly Robert F. Kennedy Jr. has endorsed Trump after withdrawing from the race, potentially strengthening Trump’s position in swing states like Pennsylvania and Arizona, where Kennedy has requested ballot removal. That, combined with Jerome Powell’s recent declaration of a monetary easing cycle starting next month, sent BTC to US$64K. The US equity market also gained, […]