Robinhood has agreed to acquired the cryptocurrency exchange Bitstamp; the deal is expected to cost the trading app approximately US$200 million and be completed in Q1 of 2025 Robinhood says the acquisition will accelerate the global expansion of its crypto business, crypto has become an increasingly important source of income for the platform over the […]

Bitcoin (BTC) peaked in March 2024, recording a new all-time high of about $73,000. Though the flagship asset has shed some of its value, dropping to the $69,000 level, Bitcoin (BTC) recently entered the significant 1.1 million BTC demand zone.  Also, at the same time, another Bitcoin ETF token, ETFswap (ETFS), crossed the 200 million […]

Creditors of the bankrupt cryptocurrency exchange FTX have filed an objection to the platform’s proposed reorganization plan, citing its failure to meet certain requirements of the Bankruptcy Code. According to a tweet by FTX creditor activist Sunil Kavuri, the objection argues that the reorganization plan ignores property rights issues, does not satisfy the best interest […]

TL;DR dYdX Upgrade to v5.0: The decentralized perpetuals exchange dYdX has successfully upgraded to version 5.0, introducing several innovative features aimed at enhancing user experience and expanding market possibilities. New Features and Enhancements: The v5 upgrade introduces isolated markets and margins, batch order cancellation, and automated liquidity provider strategies. Incentives and Growth: In line with […]

Analyst and trader Kevin Svenson is saying that Bitcoin (BTC) is flashing a bullish signal amid the flagship crypto asset’s double-digit bump over the past month. In a new video, Svenson tells his 78,400 YouTube subscribers that Bitcoin is on a parabolic trend and is close to a “point of going vertical.” “Bitcoin is near […]

Mysterious quarter-billion dollar Bitcoin transfer hits Coinbase as BTC price readies for breakout

TL;DR Artificial intelligence (AI) is being used by criminals to improve their tactics in the cryptoasset ecosystem. Emerging typologies of crimes include the use of deepfakes, fake tokens, cyberattacks, large-scale scams, and identity theft. Elliptic has published a report highlighting these risks and offering solutions to mitigate them. Artificial intelligence (AI) has revolutionized various industries, […]

Trader forced to hand over hundreds of thousands of pounds-worth of cryptocurrency after allegedly being kidnapped, robbed and blackmailed, jury told.

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving […]

Hyperbitcoinization is the belief that eventually all goods and services will be priced in bitcoin instead of dollars. If you identify as a Bitcoin maximalist, you might have already accepted this as a given. But what does this process actually look like over time? What are key milestones that we can point to that would […]

The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. 70 Crypto Scam Domains Seized The Brooklyn District Attorney’s Office announced Thursday […]

The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.

[PRESS RELEASE – Hong Kong, China, June 7th, 2024] Memeland sets sail for MemeDay, declaring a new tradition in Web3 Memeland, one of the largest and fastest growing Web3-focused venture studios, announces the inaugural celebration of the first-ever MemeDay on 6.9 (June 9th), a day set to celebrate and remind Web3 of the power of […]

Iggy Azaela’s new meme coin project, Mother Iggy, has rocketed up nearly 5,000% in the past seven days. The project, which has little utility, is growing on the back of a targeted promotional effort from Iggy via social media. MOTHER’s success and its pathway there has been criticised by industry figureheads like Vitalik Buterin and […]

Giant investment manager VanEck believes that Ethereum (ETH) could hit a five-figure price over the coming years. In a new research report, VanEck says that its 2030 base case target for Ethereum is $22,000, a gain of 472% from the current price, while its bull case target for the same period is $154,000, a 3,905% […]

The Crypto Race: BlockDAG’s Stellar Keynote Leaves GameStop and Gorilla Behind with $45.8M Presale In a booming crypto market, GameStop and Gorilla are making waves with their high valuations and optimistic forecasts. Yet, BlockDAG has transcended these with its remarkable presale, raking in over $45.8 million after a stellar second keynote that showcased its innovative […]

It is now possible for Mastercard users to buy slew of cryptocurrencies, including Bitcoin, XRP and Shiba Inu, once again

TL;DR The Cardano (ADA) market experiences a 170% increase in derivatives trading volume in just 24 hours, surpassing $500 million. ADA price reaches $0.49, a level unseen in 17 days, driven by fear of missing out (FOMO) among investors. Whale activity increases, indicating a possible bullish trend, while active address data shows growing demand for […]

Interestingly, another of the lowest price cryptocurrency bears the DOGE tag. Known as Dogecoin X (DOGE), this new meme coin has a total supply of …

Ethereum price started a downside correction from the $3,885 resistance zone. ETH is now back below $3,800 and might continue to slide toward $3,720. Ethereum started a pullback after it failed to clear the $3,880 resistance. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key […]

The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.

The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to a low of $68,450 per unit after reaching the […]

President Donald Trump showcased his support for the Bitcoin and cryptocurrency industry again at a high-profile fundraiser in San Francisco on Thursday.  Hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks’ Pacific Heights home, the event raised $12 million for Trump’s campaign, three sources present told Reuters. The event was attended by executives […]

A closely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a massive gain. Pseudonymous trader Kaleo tells his 641,800 followers on the social media platform X that Avalanche (AVAX) may be about to mirror a 2021 bullish pattern against Bitcoin (BTC). “AVAX/BTC: I still wouldn’t sleep on Avalanche here. Chart […]

Have you noticed American politics have been talking more positive about crypto recently? Well so has Matt Hougan, the Chief Investment Officer at crypto fund manager at Bitwise. According to a recent post by Hougan, three significant events highlight this political change: On May 8, 21 Democrats joined Republicans to repeal SAB 121, an SEC […]

dWallet Network has announced expanding its technology to the Layer 1 blockchain network, Aptos. This move aims to introduce Zero Trust Protocols (ZTPs) with inherent multi-chain interoperability capabilities to the decentralized finance (DeFi) and gaming ecosystems on Aptos. By incorporating dWallet’s Zero Trust architecture, ZTPs developed on Aptos will be able to seamlessly sign transactions […]

A group of creditors of the now-collapsed FTX has moved to court, objecting to the crypto exchange’s bankruptcy reorganization plan, which would pay the unsecured creditors the entirety of their claims, if not more. The Formal Objection of FTX Creditors A group led by Sunil Kavuri, one of FTX’s vocal creditors, filed the objection yesterday […]

Bitcoin might benefit from something that many investors miss

According to experts at Wall Street, cash-rich billionaires are on a buying spree of a certain Cryptocurrency ETF, that may soar to unimaginable …

Sol is up today and is currently prime for a big move on the daily chart. It has dropped slightly from a daily high, looking for a key rebound level.   Sol went through a nice recovery phase last month, posting roughly 50% gains in the first two weeks. It encountered resistance and pulled back for […]

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

XRP price started a fresh decline from the $0.5320 resistance zone. It is now testing the $0.5180 support and might even test the $0.5120 support zone. XRP failed near $0.5320 and started a downside correction. The price is now trading below $0.5250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]