Shiba Inu’s reversal halted, but there’s possibility of continuation in foreseeable future

Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from the securities regulator. “The SEC’s continued attack on crypto, […]

BlockDAG is transforming the cryptocurrency landscape with its advanced hybrid blockchain-DAG technology, backed by a strategic liquidity plan worth $100 million. Standing at the forefront of this year’s top 5 crypto presales in terms of ROI, BlockDAG joins other innovative ventures like Dogeverse, WienerAI, 99Bitcoins, and 5thScape in offering exceptional investment prospects. BlockDAG: Setting New […]

Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX.

TL;DR ETH vs BTC Performance: Ethereum (ETH) experienced a significant 44% drop in value, which is over twice as severe as Bitcoin’s (BTC) 21% correction. This divergence in performance has led to questions about Ethereum’s speculative appeal and investor confidence. Speculative Interest: There’s a noticeable decline in speculative interest for Ethereum, especially among short-term holders, […]

The Securities and Exchange Commission (SEC) says there is a need to delist the Naira from cryptocurrency Peer-to-Peer (P2P) platforms.

Aussie trader Miles Deutscher believes the next few months of the crypto market will be an accumulation phase, where investors should continue strengthening their portfolios. He decided to test the convenience of trading bots by setting up an accumulation-based strategy – dollar-cost averaging. Deutscher is setting up the bots to make daily purchases of AUD […]

Coincheck and Spacial Purpose Acquisition Company Thunder Bridge Capital Partners IV are progressing with a merger deal that will enable the Japanese cryptocurrency exchange to list on Nasdaq. Coincheck has reportedly submitted a proposal regarding the agreement to the SEC, signifying a significant step for both companies and investors seeking exposure to the growing crypto […]

The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023 recently transferred over 1,100 Ether (ETH) to sanctioned crypto mixer Tornado Cash. The hacker sent the Ether in batches while still holding over $180 million worth of assets across different blockchains. Poloniex Hacker Launders 1,120 ETH According to data from Arkham Intelligence, the […]

It is often said that Bitcoin allows anyone to be their own bank. If you know anything about Bitcoin’s ethos and underlying tech, you’ve likely heard of this concept before. But do you know exactly how that works and why Bitcoin is more suitable as a store of value than your bank? To get the […]

In a post on X, crypto analyst Miles Deutscher laid out his strategic predictions for high-performing cryptocurrencies in the upcoming week to his 501,700 followers. His analysis delved deep into Bitcoin’s trading patterns, the surging AI-driven altcoin sector, and specific tokens that are displaying considerable potential due to recent developments and broader market dynamics. Bitcoin […]

SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.

HodlX Guest Post  Submit Your Post   The advent of strong AI, or AGI, no longer seems like something coming out of a sci-fi book – it’s increasingly becoming our reality. Naturally, this trending topic has influenced the Web 3.0 space, prompting companies and investors to focus on AI integration. Remember the initial crypto boom when […]

A popular crypto trader thinks that the most recent correction allowed Bitcoin (BTC) to solidify the final base of its multi-month parabolic ascent. Analyst Kevin Svenson tells his 144,300 followers on the social media platform X that Bitcoin may have just completed base four of its parabolic curve pattern. The crypto strategist shares a chart […]

BlockDAG Targets $20 Valuation By 2027 As ‘Blockchain World’ Boosts Presale, Outshining Bitcoin Cash and Amidst Shiba Inu’s Rally The cryptocurrency scene is witnessing varied dynamics: Shiba Inu’s price hints at potential growth despite recent declines, while Bitcoin Cash holders grapple with market resistance.  Amidst this, BlockDAG stands out with significant momentum, bolstered by the […]

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams […]

Dogecoin (DOGE) profitability hits 82%, highest level in weeks

Extensive Cryptocurrency Selection: MultiBank.io offers a wide range of cryptocurrencies, including spot and derivatives trading, with leverage …

TL;DR Gary Gensler criticizes the lack of transparency in the crypto market, showing ignorance about its benefits. It highlights the lack of required disclosures for investors in the market. The SEC is taking action against entities such as Robinhood and Trump Media’s auditor for alleged irregularities. Gary Gensler, chairman of the United States Securities and […]

TL;DR USDe is integrated into Bybit as collateral for perpetual trading and commission-free BTC and ETH spot pairs. Ethena users will be able to capture potential yields and access Bybit’s “Earn” platform with USDe. This integration represents a significant shift in capital efficiency and opens up new opportunities in the cryptocurrency market. The integration of […]

Swissblock analysts suggest a potential shift to a bullish Bitcoin scenario amid USD decline, but caution that bearish risks persist.  The US Dollar Index’s drop influences Bitcoin’s performance, with no rate cuts expected soon, tempering BTC gains.  Fellow Swissblock analyst Henrik Zeberg warns of a possible severe market crash akin to 1929, predicting a market […]

Bitcoin was advancing 260 days ahead of its halving cycle in March 2024, but recent consolidation reduced this to 210 days, indicating a slowdown. If current trends continue, the next bull market peak may extend from mid-December 2024 to early March 2025, following previous durations above all-time highs. RektCapital suggests two models: one predicting a […]

Botanix Labs, a Bitcoin development startup based in New York and founded at Harvard, has announced a significant funding of $11.5 million in a press release sent to Bitcoin Magazine. This funding round, led by prominent investors including UTXO Management, Polychain Capital, Placeholder Capital, Valor Equity Partners, ABCDE, Andrew Kang, Dan Held, Dovey Wan, Eric Wall and others, will […]

Cardano (ADA), the third-generation blockchain platform, has been mirroring a mountain climber clinging to a precarious ledge. After a brief ascent earlier this month, the price has dipped back down, leaving investors questioning the strength of the current uptick. While a recent surge in active addresses hints at renewed interest, technical indicators and declining trading […]

BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher.

A crypto whale is being noticed for suddenly moving tens of millions of dollars in Bitcoin (BTC) from a long-dormant wallet. According to blockchain tracking firm Lookonchain, the deep-pocketed crypto investor completely emptied their wallet that had contained 687.33 Bitcoin for more than a decade. “A wallet that has been dormant for 10.3 years transferred […]

David Hunter, the chief macro strategist at Contrarian Macro Advisors, thinks the stock market could be on the verge of a “historic” rally. In a new interview with journalist David Lin, Hunter outlines the catalysts he thinks will drive a jump in equities prices. “Part of the melt-up will be lower rates. I think we […]

On May 7, the crypto oracle solutions provider announced that RD Technologies was integrating Chainlink CCIP and Proof of Reserve to power its Hong Kong dollar stablecoin. Chainlink’s Cross-Chain Interoperability Protocol will be integrated to enable secure and reliable cross-chain transfers of HKDR and easier access to the new stablecoin. Additionally, the firm is also […]

Novel stablecoin, natively backed by largest cryptocurrency, is set to generate up to 25% yield

Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia, and offer a Colombian peso-pegged stablecoin as part of its asset […]

BlockDAG’s Enhanced Roadmap Boosts Investor Confidence in BlockDAG’s $600M Presale Amid XRP and Shiba Inu Market Volatility As the cryptocurrency sector continues to navigate the aftermath of Bitcoin’s halving, XRP sees extended losses, and Shiba Inu is set to introduce a new privacy-focused blockchain layer. Amid these developments, BlockDAG captures widespread investor interest with a […]

Crypto's compliance conundrum: Are Indian cryptocurrency exchanges going through withdrawal woes? Crypto exchanges need to a understand the critical …