A widely followed crypto analyst says that Bitcoin (BTC) may be acting as a “more volatile version” of the stock market. In a new video update, crypto strategist Benjamin Cowen tells his 801,000 YouTube subscribers that Bitcoin may be following in the footsteps of the Russell 2000 Index, NASDAQ and S&P 500. According to the […]

Ethereum crossed US$3,200 after a significant network expansion, marked by a record number of new wallet addresses. Despite a 5% price correction, the increase in wallet holders to 121.17 million suggests rising investor confidence and market strength. Post-Bitcoin halving, Ethereum’s price initially fell sharply but has since recovered, underscoring the market’s resilience and potential for […]

A new Ethereum (ETH)-based USD-pegged stablecoin is getting a boost from one of the world’s largest crypto exchanges. Ethena Labs has announced that USDe, the stablecoin of the Ethena (ENA) ecosystem, is being integrated by Bybit, the third largest crypto exchange by trading volume. “We are excited to share one of the most important developments for USDe adoption to date. As of […]

Market entering reversal mode, but there are still some issues ahead

FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of 118 cents on the dollar for 98% of creditors with […]

Entertainment-focused zkSync hyperchain Sophon has raised roughly $60 million in less than a week after commencing its node sale. According to an announcement sent to CryptoPotato, the $60 million raised will be added to a $10 million raised over a month ago in a funding round led by several top crypto firms, including OKX Ventures, […]

In the wake of the November 2022 crypto market crash, which saw the bankruptcy and collapse of FTX and other firms, Solana (SOL) has emerged as a standout performer, experiencing a year-to-date price increase of over 560%.  With a market capitalization of $67 billion, Solana has secured its place as the fifth largest cryptocurrency, trailing […]

Founded in 2014, Kaiko is a leading source of cryptocurrency market data with 200+ enterprise clients with global connectivity to real-time and …

Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion.

TL;DR GDA and YPF Luz have established a partnership to develop a Bitcoin mining facility in Argentina, utilizing stranded gas from oil fields. The plant, located in Rincón de Los Sauces, Neuquén, has a capacity of 7 MW and houses 1,200 BTC mining machines. The techniques employed not only prevent environmental damage by reusing stranded […]

Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulator’s current policies on crypto will have a lasting effect on the industry. In a new interview with Wired, Lubin says that if ETH is declared a security by the SEC, people in the US won’t be […]

Many observers have been dunking on NFTs ever since the digital asset peaked in 2021. Much of the criticism NFTs have received is fair—at the time, their proponents were believing their own BS. Markets do become irrational. The “gem” of the sector, BAYC, has fallen to insanely low floor prices; holding BAYC NFTs is no […]

Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]

Cramer’s latest statement is particularly noteworthy, given current uncertainty on market

Bitcoin price failed to clear the $65,500 resistance. BTC is now moving lower and there are a few bearish signs emerging below the $63,500 level. Bitcoin started a fresh downside correction and traded below $63,500. The price is trading below $63,350 and the 100 hourly Simple moving average. There was a break below a major […]

The Australian Tax Office (ATO) has announced a new record-matching program that seeks to access the details of up to 1.2 million crypto exchange account holders every year. ATO says the program doesn’t generate automated enforcement actions and will be used mainly to inform crypto investors of their tax obligations. Beware, Australian crypto investors—the ATO […]

Trump has shifted from staunch crypto critic to expressing a more accepting and supportive stance. Standard Chartered predicts a second Trump term could boost Bitcoin, enhancing regulatory conditions and market confidence. Trump’s return could drive foreign US Treasury withdrawal, fostering Bitcoin’s use as a hedge against de-dollarisation. Donald Trump, former US President and currently in […]

[PRESS RELEASE – London, United Kingdom, May 8th, 2024] The presale for World of Pepe ($WOP), a new frog-themed meme coin on the Solana blockchain, is now underway. World of Pepe is following the fundraising method first used by Book Of Meme founders and later by projects like $SLERF. Over 100 SOL has been raised […]

Cryptocurrency purchases, considered imports, have broken records in Brazil, putting some weight into the nation's trade balance.

U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.

London-based digital banking firm Revolut has introduced Revolut X, a cryptocurrency exchange tailored for professional traders, marking the institution as the pioneer in developing a dedicated platform for cryptocurrency trading within the banking sector. Crypto Offerings with New Exchange Platform With a user base of 40 million worldwide, Revolut has already facilitated cryptocurrency transactions through […]

A closely followed crypto trader believes that Solana (SOL) just witnessed its last major correction for this market cycle. Pseudonymous analyst Inmortal tells his 213,300 followers on the social media platform X that SOL bulls successfully defended support at around $120. The trader shares a chart suggesting that the blue-chip altcoin is now poised to […]

Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support. DOT gained pace and tested the $7.5 resistance level against the US Dollar. The price is trading above the $7.00 zone and the 100 simple moving average (4 hours). […]

TL;DR Digital asset investment fund outflows amounted to US$251 million, marking the fourth consecutive negative period. ETFs debuted in Hong Kong with resounding success, attracting fund inflows of US$307 million in the first week. Ethereum broke a seven-week streak of net outflows with inflows totaling US$30 million, while Bitcoin recorded net outflows of US$284 million. […]

TL;DR TON Network Hits $200 Million TVL: The TON network achieved a significant milestone by surpassing a Total Value Locked (TVL) of $200 million. This growth is driven by the recent launch of the Open League within the TON ecosystem. Open League and DeFi Protocols: The TON Network’s valuation increase can be attributed to hosting […]

Both Ondo (ONDO) and Polygon (MATIC) recently established far more strategic partnerships and collaborations in order to expand their ecosystem and contribute towards further developments and updates to it. This could lead to an upswing in their value in the long-term. Similarly, KangaMoon (KANG) is surging upwards on the charts and could reach new levels […]

How long is accumulation of SHIB going to last?

On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […]

[PRESS RELEASE – Arizona, United States, May 7th, 2024] Apu Apustaja, the widely recognized internet meme, has expanded its influence into the cryptocurrency market by transitioning into a memecoin. Known for its extensive popularity online, Apu now seeks to establish its presence on the Ethereum blockchain. On March 11th, 2024, Apu Apustaja was officially launched […]

The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application.

Hong Kong police have launched a manhunt for at least four men who abducted a cryptocurrency investor and attacked her husband with a stun gun after …

The chief executive of market insights platform Fundstrat is reiterating that Bitcoin (BTC) will still post massive gains this year despite its choppy price action in the last six weeks. In a new CNBC interview, Tom Lee says Bitcoin’s bull market cycle is far from over. According to Lee, Bitcoin and other asset classes have […]