Crypto asset manager Grayscale has had another meeting with the US Securities and Exchange Commission as final ETF details get ironed out. Meanwhile, the company’s chief executive said that its clients would lose out if it can’t convert the Grayscale Bitcoin Trust (GBTC) to a spot ETF. On December 20, Grayscale chief executive Michael Sonnenshein […]
A British Virgin Islands court issued an order, freezing around $1 billion in assets of the founders of Three Arrows Capital (3AC). This action against co-founders Su Zhu and Kyle Davies, including Davies’ wife, Kelly Chen, marks a pivotal moment in its ongoing regulatory saga. The court’s intervention, barring the transfer or sale of assets […]
In a recent development, officials from BlackRock, Nasdaq, and the U.S. Securities and Exchange Commission (SEC) convened for their second meeting within a month. The focus of their discussion was on the amendments required to facilitate the listing of a Bitcoin Exchange-Traded Fund (ETF), as per an official document. The conversation revolved around the proposed […]
Recently, there was a significant unlocking of BLUR tokens, with over 49 million units, valued at approximately $23.2 million, released into the market. This process adds to a series of previous unlocks, totaling the transfer of 485 million tokens, equivalent to about $226 million, to Coinbase Prime. Despite the considerable number of unlocked tokens, it […]
TL;DR Cardano partners with Brazil’s Petrobras to conduct blockchain education workshops for its employees, focusing on cryptocurrency and blockchain potential. Participants will receive certificates and the first 500 will get NFTs. Cardano Foundation CEO emphasizes the partnership’s significance for blockchain education. Cardano is also active in Africa, developing a blockchain-based national ID system in Ethiopia […]
US government takes complete ownership of 69,370 Bitcoin (BTC) linked to Silk Road
Financial fraud has been a part of transactional business since the dawn of transactional business. If you were unfortunate enough to have been on the other side of an insurance deal with Hegestratos, he would have had you insure the corn cargo on his ship – then removed the corn, sold the corn, sank the […]
Solana (SOL) has experienced a significant increase in value, rising by 12% in the past 24 hours and becoming the fifth largest cryptocurrency by …
Despite recent market fluctuations, $BONK maintains a substantial market capitalization well above $1 billion, showcasing a remarkable 300% increase in its monthly valuation. Emerging as a notable player in Solana’s ecosystem, the dog-themed coin has captured widespread attention, particularly for its recognition as the largest Coinbase pump of 2023. $BONK’s meteoric 18,000% surge prompted significant […]
A widely followed crypto analyst is expressing bullish sentiment toward a popular layer-1 altcoin. The pseudonymous analyst known as Bluntz tells his 232,600 followers on the social media platform X that the current price action of Avalanche (AVAX) is mirroring that of Bitcoin (BTC) as it was appreciating in October and November. The strategist says […]
MicroStrategy co-founder and executive chairman Michael Saylor believes that two catalysts will catapult Bitcoin (BTC) to a relatively higher price next year. Saylor says in a new Bloomberg interview that the approval of a spot Bitcoin exchange-traded fund (ETF) will spur demand for the flagship crypto asset sparking a bull run in 2024. “I think […]
The past two months have been a green flag for the broader crypto market in the run-up to the festive season. Although the hype has since cooled down, a few outliers continue to follow the upward trend. NEAR is one of those tokens that aren’t showing signs of cooling down. According to Coingecko, the token […]
Michael Saylor, the CEO of MicroStrategy (MSTR), recently emphasized the significance of the upcoming Bitcoin ETFs on Wall Street. During an interview on Bloomberg TV, Saylor suggested that this development could be the most relevant on Wall Street in the last 30 years, comparing it to the introduction of the S&P 500 ETF, which allowed […]
The cryptocurrency market has seen significant volatility over the past couple of months, with quite a few ups and lows. However, one coin that continues performing well is Solana. According to recent data, SOL is once again a top-performing coin among the top 10 largest cryptocurrencies by market cap. SOL has increased by 20% this […]
Due to the relative underperformance of Ethereum (ETH) compared to Bitcoin (BTC), some community members believe that Ethereum is dead. Whereas others argue that the ETH bull run is yet to begin. Ethereum is one of the early layer-1 protocols with smart contract capabilities. Later, over the years, many competitors emerged, promising faster transactions and […]
Ledger, a hardware wallet manufacturer, has announced plans to disable blind signing for Ethereum Virtual Machine (EVM) decentralized applications (DApps) by June 2024. The decision comes in response to an exploit where a wallet drainer was added to a library utilized by numerous DApps to connect to Ledger devices. Ledger Announces Plan to Compensate Victims […]
New tweet published by Elon Musk about new X upgrade has gotten crypto community excited
… cryptocurrency exchange FTX (Image: AAP/Justin Lane). Cryptocurrency's biggest fans and harshest critics don't have a lot in common, but one thing …
The Artificial Intelligence (AI) financial blockchain, Injective (INJ), had its price reach an unprecedented $44 on December 20, capping a year of gains of an astounding 3,200%. The Injective ecosystem’s biggest investors started to increase their holdings after INJ passed its previous all-time high of $22, according to on-chain data. In 2023, INJ started a […]
Crypto analyst and trader Ali Martinez says that the leading smart contract platform Ethereum (ETH) is setting the stage for an explosive rally. Martinez tells his 36,600 followers on the social media platform X that ETH could increase by more than 60% from its current value after a period of accumulation when people start to […]
The last 24-hour decrease across the market has positioned Shiba in the red as it dropped off its monthly high a few days ago. It will likely shed more losses if the meme coin continues to drop by the day. Shiba is considered bearish from a long-term perspective despite the recent bullish rally. However, it […]
The current trend of creating inscriptions on chains other than Bitcoin has led to a significant increase in transaction volumes on several blockchain networks, including Arbitrum and BNB Chain, setting new records. Over the last week, inscriptions have dominated transactions on various networks. They made up over 91% of transactions on Avalanche, 75% on Gnosis, […]
Hardware wallet firm Ledger is responding to a recent security vulnerability in its products that was exposed earlier this month. On December 14th, Ledger announced that one of its employees fell victim to a phishing attack that allowed a bad actor to publish a malicious version of the Ledger Connect Kit, affecting users who connected […]
Bitcoin’s price saw another leg-up in the past 24 hours that pushed it to over $44,000 for the first time in over a year, but the asset has lost some traction and now stands below that level. Solana has soared the most from the larger-cap alts, having added more than 10% daily and trading at […]
The Litecoin (LTC) price has been trending downward since reaching a high of $80 on December 9. While the Litecoin price has also increased since August 17, it is trading inside a corrective pattern. Litecoin Creates Bearish Candlestick The weekly time frame technical analysis shows that the LTC price has fallen under a descending resistance […]
In crypto roller coaster, Solana (SOL) price skyrockets, liquidating $1.69 in shorts and securing fifth place with $33.24 billion market cap
Crypto analyst Dark Defender has also weighed in on the recent narratives revolving around the XRP tepid price action. The analyst is choosing not to listen to any of those as he is confident that the future trajectory of the XRP token is bullish. No Need To Listen To FUD In a post on his […]
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. “What luck for rulers that men do not think.” – Adolf Hitler Bitcoin will not kill the U.S. dollar. It will become the U.S. dollar, with all […]
… Cryptocurrency: A potential investment for the winner could be to put the money in cryptocurrency, which is often more volatile than the stock …
As we step into 2024, the journey of Central Bank Digital Currencies (CBDCs) unfolds with intriguing developments, reshaping the economic identity of nations. Two recent reports shed light on the divergent paths taken by central banks, emphasizing the critical choices between retail and wholesale CBDCs. Norway’s In-Depth Exploration Norway, a pioneer in CBDC research, recently […]
Bitwise has released a commercial for a spot Bitcoin (BTC) exchange-traded fund (ETF) in apparent anticipation of the product’s regulatory approval. Bitwise, the world’s largest crypto index fund manager, is one of a slew of firms that have filed for a spot BTC ETF with the U.S. Securities and Exchange Commission (SEC). The new Bitwise […]
Inaugurated in 2017, Livepeer stands out as the pioneering decentralized live video streaming network protocol, offering a blockchain-based and economically efficient alternative to centralized broadcasting solutions for both new and existing broadcaster companies. The transformative impact of Artificial Intelligence (AI) in the past decade cannot be overstated. Particularly in the realm of video, AI significantly […]