The Executive Office of US President Joe Biden has announced its stance on proposed legislation, H.J. Res. 109, that would allow highly regulated financial firms to act as custodians for Bitcoin and other cryptocurrencies.  JUST IN: 🇺🇸 US President Joe Biden Administration says Biden would veto legislation that would allow highly regulated financial firms to custody #Bitcoin […]

Michael Saylor’s bullish tip amid Bitcoin’s price turbulence offers glimmer of hope to crypto investors

North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites. The Halving Effect Hut […]

Journalist and host Laura Shin interviewed crypto traders Ansem and Kel, known on X as blkoiz06 and Kelxyz, for her Unchained Podcast.  They discussed why memecoins had become the most profitable crypto trade this cycle and what the future might hold for the sector. Is There Value In A Memecoin? To begin with, Shin asked […]

TL;DR Legal Battle Intensifies: The SEC’s lawsuit against Ripple Labs is in the remedies phase, with the SEC seeking sanctions to prevent future violations, while Ripple challenges the SEC’s interpretations and proposed operational changes. Ripple’s Response: Ripple’s General Counsel criticizes the SEC’s tactics and remains hopeful for a favorable lawsuit outcome, as Ripple continues to […]

The founders of crypto analytics platform Glassnode say that Bitcoin (BTC) may reach $85,200 before summer if a technical setup plays out. In a new thread, the co-founders of Glassnode , who go by the handle Negentropic on the social media platform X, tell their 62,800 followers that the crypto king appears to be breaking […]

This article examines the misuse of cryptocurrency within Zakat, particularly its implications for terror financing in Kerala, India. Crypto-Hawala in …

The memecoin $PEPE has experienced a 4% decline today, dampening the bullish momentum it started the new trading week with. This downturn coincides with on-chain reports indicating outflows from some whales. Spotonchain data suggests that Whale 0x1a2 is preparing to deposit a substantial amount of $PEPE tokens, totaling 1.24 trillion ($10.55 million), to Binance in […]

Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.

Hong Kong’s Bitcoin ETFs are doing relatively well, considering the massive difference in population. Rumours suggest that these ETFs might soon be accessible to mainland Chinese investors through Stock Connect. If access is granted, it could significantly attract mainland capital, boosting the ETFs’ performance. Hong Kong’s Spot Bitcoin ETFs have performed relatively well compared to […]

The SEC delayed Invesco Galaxy’s Ethereum ETF decision again, setting a new deadline of July 5. In a statement the regulator says more time is needed for a thorough review. This pattern of delays affects multiple asset managers, hinting at extended uncertainty around Ethereum ETF approvals. The US Securities and Exchange Commission (SEC) has again […]

In a rebuttal against accusations of bribery levelled by Binance Holdings Ltd, Nigeria has refuted claims made by the cryptocurrency firm, dismissing them as a diversionary tactic. The West African nation has been involved in a boisterous saga with Binance. Binance’s Allegations of Bribery in Nigeria The rift deepened following a blog post penned by […]

TL;DR An AI-related cryptocurrency has recently excelled in social volume dominance, outperforming its rivals, including the sector’s leader. Its value has surged by 435% in the past year, bolstered by major exchange support among other reasons. RNDR Tops the Ranking Artificial Intelligence (AI) and cryptocurrencies related to that evolving technology have been making great strides […]

Dogecoin is seeing surge of whale activity, but the price’s future is somewhat uncertain

As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413, with a trading volume of $17.91 billion and a market capitalization of $1.22 trillion. Despite a decline of 2.1% over the past 24 hours, bitcoin has gained 9.3% over the last seven days. Bitcoin […]

Recently, a popular crypto trader and YouTuber has predicted a substantial surge in Solana price, forecasting it could reach as high as $360 soon. This prediction is underpinned by a technical pattern on Solana’s chart—a bullish signal suggesting a potential reversal from bearish to bullish momentum. Technical Insights Into SOL Potential $360 Rise According to […]

The U.S. Securities and Exchange Commission (SEC) says that Ripple Lab’s planned new stablecoin qualifies as an “unregistered crypto asset.” In a new court filing, the regulatory agency says that not only has Ripple been selling XRP – the digital asset used to operate the XRP Ledger – as an unregistered security since 2013, but […]

Crypto bank Anchorage Digital is drawing attention for suddenly accumulating massive amounts of one decentralized finance (DeFi) altcoin. Blockchain tracking firm Lookonchain says that Anchorage Digital has used 13 wallets in the past month to accumulate more than $49.4 million worth of MKR, the native token for the DeFi protocol Maker. The most recent purchases […]

In addition to introducing the cryptocurrency ETF, both parties plan to explore the seamless integration of Bosera International's asset management …

The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets?

As the new trading week kicks off, several cryptocurrencies are making waves in the market, capturing the attention of investors and analysts alike. According to data from Santiment, three tokens stand out as the top trending assets in the crypto space. The top trending tokens in #crypto today are: #Worldcoin $WLD: The #AI asset has […]

TL;DR Impending Milestone: Solana is on the verge of potentially surpassing Ethereum in transaction fees, a significant achievement for its reputation as an “Ethereum-killer.” Scalability and Costs: Solana’s approach to scalability aims to provide low transaction costs within its own ecosystem, contrasting with Ethereum’s layer-2 solutions. However, recent network disruptions have raised concerns about Solana’s […]

TL;DR Short Positions Increase: Ether traders have ramped up their short positions, anticipating a price drop, especially after Grayscale Investments withdrew its Ethereum ETF application. The market is at a tipping point with $345 million in shorts at risk if ETH rises by 3%. Regulatory Uncertainty: The withdrawal of Grayscale’s ETF application has intensified doubts about Ether’s classification […]

Singapore has disowned the collapsed cryptocurrency project Terraform Labs, saying the platform was not performing activities requiring a license from the MAS and was neither licensed nor exempted from licensing by the regulator. The city-state has also downplayed the impact of the Terraform Labs saga on its financial systems. Responding to a question by a […]

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 …