Following its recent listing, Starknet’s native token, STRK, experienced a significant downturn, with its price plummeting by 27% within a 24-hour period.  The drop can be attributed largely to sell-offs triggered by a major airdrop, revealing challenges associated with token issuance strategies. Despite the potential of Starknet’s technology, the current price decline suggests a period […]

TL;DR Shiba Inu has introduced the ERC404 token standard and launched the SHEboshi NFTs, combining features of both Non-Fungible Tokens (NFTs) and fungible tokens, contributing to its leading position in decentralized innovation. The Shiba Inu team has shown commitment to transparency and fairness by addressing a glitch during the SHEboshi NFT launch and outlined a comprehensive plan for the […]

TL;DR MetaMask has surpassed 30 million monthly active users after a 55% surge. Its exponential growth reflects its increasing relevance and adoption in the crypto ecosystem, consolidating it as the preferred option for accessing and managing digital assets on the Ethereum network. The success of the wallet highlights the importance of security and trust in […]

Cryptocurrency custodians manage digital assets for the new bitcoin ETFs. But how does bitcoin custody compare to traditional finance?

Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the right to remove “users behaving in a malicious or manipulative way.” The Nigerian Currency’s Woes Some Nigerian users of Binance’s peer-to-peer (P2P) platform have […]

The cryptocurrency space has been subject to high volatility after Bitcoin finally surged to $53,000. After hitting this level, the cryptocurrency faced notable declines in its value. However, a crypto analyst has predicted that the price might continue to surge, highlighting the enduring strength of Bitcoin’s upward momentum.  BTC Price Needs To Hold Steady Despite […]

Former high-profile lawyer for the SEC, Ladan Stewart, has stepped down from her role on the Crypto Assets and Cyber Unit. Stewart is leaving to join White & Case as a partner specialising in crypto and cyber security. She believes that crypto is here to say and that the regulatory changes will require lots of […]

After initial plans to extradite Do Kwon to the United States were overturned by Montenegro’s High Court, the decision was eventually reinstated. Montenegro’s decision to extradite Kwon to the US rather than to his native South Korea is due to political reasons. Kwon, the founder of Terraform Labs, was arrested in Montenegro while attempting to […]

One Bitcoin metric indicates there’s still a “long way to go” before BTC hits its cyclical top, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju notes that 63% of Bitcoin’s realized cap hasn’t moved in more than six months. Realized cap is an on-chain metric that attempts to provide […]

Ethereum whale’s major moves on Binance and 1inch are setting crypto scene abuzz

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 South Korea approaches its next legislative election in 2024, both the current ruling party and […]

In a recent press release addressing its Nigerian customers, major crypto exchange Binance distanced itself from the rumored currency speculation that is putting downward pressure on the already weak naira. The development comes amid reports of the cryptocurrency exchange earlier placing a cap on USDT sales on its peer-to-peer (P2P) marketplace. Binance Reportedly Under Scrutiny […]

Circle, the US cryptocurrency firm, announced its decision to terminate support for its USDC token on the Tron blockchain network. The decision has been revealed today (Wednesday). Circle Halts USDC Minting on Tron Stablecoins like USDC are digital assets designed to maintain a stable value, typically backed by traditional currencies. Effective immediately, Circle will cease […]

Fundstrat’s head of research, Tom Lee, has doubled down on his $150,000 bitcoin price prediction, stating that the crypto could reach that price level this year. He cited three key reasons driving his bullish price forecast. Describing bitcoin as “sound money,” he emphasized that the cryptocurrency is incredibly secure and proving to be a good […]

The chairman of Tulsa-based Vast Bank outlined the bank's relatively brief history with cryptocurrency and compared his experience with federal …

A closely followed crypto strategist is predicting big bursts to the upside for two artificial intelligence (AI)-related altcoins including Worldcoin (WLD). Ali Martinez tells his 46,500 followers on the social media platform X that he thinks the native asset of the decentralized storage network Filecoin (FIL) is close to witnessing a big breakout. Filecoin’s decentralized […]

The chief executive of payments platform Ripple says that it would “make sense” if exchange-traded funds (ETF) centered around XRP and other digital assets were created. In a new interview with Bloomberg, Ripple Labs CEO Brad Garlinghouse predicts that a new wave of crypto investment products will appear in the future. “I think it makes […]

TL;DR Ethereum whales acquire 64,000 ETH in three days, valued at $185.5 million. The buildup suggests confidence in Ethereum in the face of market volatility. USDT withdrawals indicate possible future Ethereum purchases by whales. The cryptocurrency market has been experiencing notable movements in recent days, especially when it comes to Ethereum. A recent activity observed […]

TL;DR Optimism distributes over $41 million in OP tokens to NFT artists. More than 22,000 unique addresses benefited from the fourth airdrop. Recognition of the creativity and contribution of artists in the Optimism Superchain. In a move aimed at celebrating and rewarding creativity within its vibrant community, Optimism has announced the launch of its fourth […]

In recent on-chain data from Spot On Chain, an Ethereum whale appears to have engaged in significant accumulation activity, sparking interest and speculation within the ETH community. According to the platform, the whale address in question has purchased a total of 64,501 ETH in the past three days, amounting to roughly $187 million at current market […]

Sol recovered well in the past month but appeared to be losing buzz due to a slight rejection. Failure to resume positive actions may trigger a bearish move. The price is currently up 30% in the past month. Following the late January bounce off the $80 level, Sol made an impressive recovery as it steadily […]

National Crime Agency (NCA) has delivered significant blow to cybercrime world by seizing cryptocurrency assets tied to infamous LockBit ransomware group

Bitcoin script, it seems, has been sorely underestimated. Following the release of the Ordinals protocol and BitVM white paper in 2023, conceptions are shifting about what is possible on the Bitcoin base layer, and it’s clear Bitcoin is now absorbing demand from other blockchains in the wider cryptocurrency ecosystem. Of course, developers have harbored aspirations […]

An investor who received 3,500 ETH during the initial ICO has moved their coins after nearly a decade. The approval of the spot Bitcoin by the SEC has investors salivating about a potential Ether approval. Whales are investing heavily in Ethereum, with one buying 64K ETH worth over $250M The Total Value Locked on Ethereum […]

The High Court of Podgorica has approved the extradition of Do Kwon, the Co-Founder and Former CEO of Terraforms Labs, to the US. Kwon faces criminal charges in the US following the collapse of Terraform Labs. After rejecting South Korea’s extradition plea, the Podgorica High Court deliberated over Kwon’s fate following a directive from the […]

After reaching $52,000 within a span of two years, Bitcoin seems to have encountered a barrier. It’s currently trading below this significant psychological threshold, but overall, the sentiment remains optimistic. Recent data indicates a characteristic pattern of behavior seen in bullish market holders. ‘Typical Hodler Behavior’ Long-term holders of Bitcoin have collectively sold about 200,000 […]

February 20, 2024 – Palo Alto, California The joint organizers behind the first annual global Sui conference, Sui Basecamp, today announced the initial wave of confirmed speakers for the Parisian event taking place on April 10 and 11, 2024. Sui Basecamp is a celebration of the developers and entrepreneurs building on Sui – the innovative […]

PRESS RELEASE. 21st February, 2024 – Roqqu, a leading African blockchain technology company with over 1.6 million users and a vibrant community of 700,000 active users, is thrilled to announce the listing of VERSE token, the official utility and rewards token of Bitcoin.com, on its robust wallet platform. This integration marks a significant stride in […]

Bitget, a top 15 cryptocurrency exchange, aims to expand its operations in Latam, a market dominated by incumbents like Binance and Bitso.

The Ethereum (ETH) price has crossed the $3,000 threshold for the first time since April 2022 yesterday. However, amidst the celebratory fireworks in the crypto community, Fred Krueger, a renowned Bitcoin ETF expert, has voiced a starkly contrasting opinion. Krueger, a Wall Street veteran and prop trader, took to X (formerly Twitter) to express his […]

TL;DR Do Kwon will be extradited to the US after Montenegro rejected South Korea’s request. Priority at US request highlights importance of diplomatic relations. Case includes forged passports, highlighting need for stricter cryptocurrency regulations. The cryptocurrency world is shaken once again by the news of the extradition of Do Kwon, the former CEO of Terraform […]

Over the past decade, Coinbase has reached millions of cryptocurrency traders and expanded to become the largest crypto exchange in the US. Despite its solid reputation, Coinbase did not avert scrutiny and skepticism. It has intensified in the past two years, driven by the sharp upsurge and plunge in crypto prices in a short period. […]