This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. The Value Of Bits Data is the most liquid commodity market in the world. In the smartphone era, unless extreme precautions are taken, everywhere you go, everything […]

Coinbase has added a controversial “intel-to-earn” altcoin project to its listing roadmap. On Monday, the top US crypto exchange placed Arkham (ARKM) on the path towards being tradeable on its platform in the future. Arkham is an intelligence exchange where buyers can place bounties on specific pieces of information. Information buyers will have exclusive access […]

The lawyers of disgraced FTX founder Sam Bankman-Fried say that the prosecution’s sentence recommendations for their client are “disturbing.” In a new letter addressed to Judge Lewis A. Kaplan, Bankman-Fried’s attorneys say that the sentence recommendation is draconian and brands the former chief executive as a “supervillain.” “The government’s memorandum is disturbing. With marked hostility, […]

TL;DR Ethereum Layer 2’s recent Dencun upgrade has driven record adoption of Layer 2 solutions. The inclusion of EIP-4844 in Dencun has dramatically reduced transaction fees on Layer 2 networks, increasing daily transaction volume. Ethereum will end the Goerli network, encouraging users to migrate to alternatives like Sepolia or Holesky. Ethereum’s recent Layer 2 upgrade, […]

TL;DR Mysten Labs and Sui introduce the Pilotfish prototype, a milestone in blockchain scalability. Pilotfish increases the speed of smart contract execution in proportion to the number of machines used, demonstrating linear scalability. The elastic scalability and low latency offered by Pilotfish open up new possibilities for the widespread adoption and application of blockchain in […]

On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving sustainably” toward the 2% target. Fed Pauses Rate […]

Bitcoin fell as much as 10% to lows of $62,428 in Tuesday’s trading

Grayscale argued the benefits of being able to “stake the Ethereum held by the Trust” in a new SEC filing yesterday. The firm is hoping to convert its Grayscale Ethereum Trust (ETHE) into an ETH spot ETF the way it did its Grayscale Bitcoin Trust in January. The proposal, which appeared yesterday in a preliminary […]

The world of cryptocurrency investment is continuously evolving, presenting new opportunities for those who are vigilant. In this context, we explore the potential of BlockDAG, a platform that’s not only setting new benchmarks in terms of investment returns but also reshaping the blockchain technology landscape.  This discussion will reveal BlockDAG Network‘s journey from a concept […]

In its letter to District Judge Lewis Kaplan on Tuesday, the legal team behind the disgraced FTX founder Sam Bankman-Fried has contested the sentencing recommendation put forth by the Department of Justice last week. The US prosecutors had previously proposed a prison term of 40 to 50 years for the former FTX CEO, but the […]

In the late hours of Tuesday, Trezor’s X account was compromised. The hacker used the hardware wallet company account to promote a fake crypto presale with a malicious link attached. Members of the crypto community quickly realized the suspicious activity from the company and alerted other X users about the scam. Since then, Trezor’s team […]

The U.S. Securities and Exchange Commission (SEC) is considering whether to classify Ether, the second-largest cryptocurrency by market cap, as a …

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As we get closer and closer to the impending Bitcoin halving, the combined pressures of wildly […]

The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of their digital assets back in kind. The bankruptcy court is scheduled to consider Genesis’ request to approve […]

TL;DR Bitcoin miner reserves fall to lowest levels since April 2021. Sale of Bitcoin by miners and profit taking by short-term holders. Concern about the decrease in active addresses on the network and the drop in the price of BTC. The recent decline in Bitcoin (BTC) miner reserves has sparked concern in the market as […]

However, a leading ETF expert claims that issue is not exclusive to Bitcoin

Amid a recent downturn in the broader crypto market, the concept of “buying the dip” has once again surfaced, tempting traders and investors with the prospect of snagging assets at lower prices. However, caution is the watchword from Markus Thielen, CEO of 10x Research, a top analyst in the crypto space. Thielen’s latest advisories suggest […]

Compass Coffee Makes a Bold Move By Accepting Cryptocurrency in D.C.. Plus, a female-led restaurant for Northeast, Mi Vida is en route to DCA, and …

HodlX Guest Post  Submit Your Post   In the world of DeFi (decentralized finance), oracles play a crucial role in ensuring the accuracy and reliability of data – especially pricing data – used within various protocols and platforms. What are price oracles A price oracle is a specific type of oracle that provides off-chain (external) price […]

Bitcoin fell 8% yesterday in its biggest single-day drop since FTX’s collapse, leaving traders plenty cautious. Early on Wednesday morning, the world’s largest and oldest cryptocurrency sank as low as $60,951.91 before rebounding. At the time of writing, the Bitcoin price is $$63,154.69. That means it’s 1.6% lower than it was this time yesterday, but […]

An unknown trader took home millions of dollars in profits in a span of a few minutes after their timely exit in a new memecoin running on the Solana (SOL) network, on-chain data shows. Blockchain tracking firm Lookonchain first spotted a trader who spent nearly 10,000 SOL to accumulate about 70 million Slerf (SLERF) tokens. […]

[PRESS RELEASE – London, United Kingdom, March 20th, 2024] Memeinator’s presale has entered its final stage with 4% of the total supply of tokens remaining before it becomes available for public trading. The team has observed the presale’s impact among meme coin enthusiasts, driven by its Terminator-inspired branding and ambition to lead in the meme […]

Recent data from Token Terminal highlights the booming activity in memecoin trading on the Solana blockchain, leading to a notable increase in fee capture.  Over the past 7 days, Solana’s fee capture soared to an impressive $17.8 million, outpacing even Bitcoin, which recorded $17.5 million during the same period. This surge in fee capture on […]

The Lithuania-licensed crypto bank Meld plans to offer real-world assets in partnership with the decentralized finance (DeFi) platform Swarm Markets. This offering, which targets retail crypto investors, aims to democratize access to traditional asset classes within the crypto space. Transforming Real-World Assets According to a report by Coindesk, Meld intends to introduce on-chain lending and […]

Michael Saylor faced obstacles before he successfully added Bitcoin to MicroStrategy’s balance sheet in 2020.  Speaking at the 2024 Abundance360 Summit this week, Saylor revealed how he offered to buy out MicroStrategy shareholders in a Dutch action when they moved to first acquire $250 million worth of Bitcoin.  The comments come after Saylor and his […]

On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which was clinched 16 days earlier for 4,500 ETH or $16,010,724. The record for the priciest […]

Shibarium, layer-2 solution for Shiba Inu, sees transactions plummet by 98.4% amid SHIB price drop

These widgets not only offer advanced analytics for both spot and futures markets, they also seamlessly integrate with existing Trade and Portfolio widgets. Open up new avenues for discovering opportunities and finding alpha; enhance your trading like never before. Add analytics to your Kraken Pro layout Introducing advanced analytics for spot and futures markets Our […]

Ethereum price extended its decline below $3,200. ETH is struggling and it seems like the bears are now aiming for a move toward the $3,000 support zone. Ethereum started a downside correction below the $3,350 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]

The market is also watching for the consequences of the halving next month when the price of the cryptocurrency is expected to increase. ETFs Drove …

TL;DR StarkNet, a decentralized blockchain network, has resolved issues related to its STRK token airdrop. The resolution comes as a relief to the community, particularly the Immutable X and ETH pool stakers who are set to receive rewards. The STRK token, a crucial component of StarkNet’s ecosystem, serves as a governance token. The airdrop was designed to […]

The crypto exchange Kraken has unveiled a digital assets custody solution for institutional investors in the United States. This new service is offered under Kraken Financial, the state-chartered bank of the crypto exchange based in Wyoming. Kraken Financial is authorized to provide digital asset custody and deposit accounts for institutional clients. The platform operates as […]