Binance-owned digital wallet Trust Wallet has recently faced issues stemming from a sudden increase in Bitcoin (BTC) transactions. Through a statement on its official Twitter account, Trust Wallet informed its users about a difficulty related to its Bitcoin node, attributing it to the significant increase in transactions per block on the Bitcoin network. This rush […]

A closely followed crypto trader believes that one decentralized finance altcoin is setting the stage for a huge rally. Pseudonymous crypto analyst Inmortal tells his 202,300 followers on the social media platform X that Radix (XRD) could soar by more than 51% from its current value. “Respecting the squiggly perfectly. Breakout plus retest completed. Impulse […]

Signaling market shifts, dormant Bitcoin whale, inactive for four years, quietly moves BTC worth $136.94 million, following cryptocurrency’s recent surge to yearly highs

The Bitcoin price has been steadily moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure and what could trigger an extension in the bullish momentum. As of this writing, Bitcoin (BTC) trades at $37,900 with a 1% loss in the last 24 hours. Over […]

The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September.

There has been a flurry of activity from industry analysts following the spot Bitcoin exchange-traded fund (ETF) race. New time frames have been predicted alongside Bitcoin prices and Grayscale has met with the SEC again. Crypto asset manager Grayscale has met with the US Securities and Exchange Commission again this week. Spot Bitcoin ETF Plans […]

A recent court ruling has granted FTX permission to sell approximately $873 million worth of assets held in trust. Around $700 million of these assets are from Grayscale’s primary offering, the Grayscale Bitcoin Trust (GBTC). The approval, dated November 29 and issued by a bankruptcy court in Delaware, enables the defunct crypto exchange to liquidate […]

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 16,130 BTC at a total cost of $593.3 million, Founder & Chairman Michael Saylor announced today. The purchase came as Bitcoin’s price has been experiencing upward momentum, reaching a recent yearly high of over $38,300. The […]

BitMEX co-founder Arthur Hayes is outlining how capital from China could flow into Bitcoin (BTC). In a new analysis, Hayes notes that wealthy Chinese individuals and state-owned enterprises (SOEs) use banks in Hong Kong for international dealings. Hayes also points out that Hong Kong now has regulated crypto exchanges and brokers. “Bitcoin is a Chinese […]

HodlX Guest Post  Submit Your Post   CBDCs (Central Bank Digital Currencies) are a frequently discussed topic among crypto enthusiasts and are often considered a perfect dystopian tool in the hands of oppressive governments and autocratic regimes. In their essence, CBDCs are blockchain-based fiat currencies that function similarly to cryptos and are controlled by central banks […]

Shibarium, the Shiba Inu layer-2 solution, recently reached a new milestone in the past few days, crossing the 4 million total transaction threshold. The launch of Shibarium, Shiba Inu’s layer-2 solution, has been a huge catalyst for the meme coin. At the same time, SHIB’s burn rate has exploded in the last two days, as […]

LINK reacting positively to surge in whale transactions

The ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin (BTC) ETF to launch in the United States – has topped a new record for assets under management (AUM) this week, now boasting nearly $1.5 billion in Bitcoin futures contracts. The record signals eagerness among institutions to gain exposure to BTC before approval of a […]

Cointelegraph reflects on the artificial intelligence pause that never happened, a lawsuit that could change the entire AI industry, and the Sam Altman firing and rehiring drama.

Central bank digital currencies (CBDCs) are often touted as a way to improve financial inclusion, efficiency, and innovation. However, they also come with significant risks that could undermine the stability and security of the global financial system, according to a new report by the Bank for International Settlements (BIS). The report, titled “CBDCs: An Opportunity […]

On November 28, ChainLink (LINK) marked a significant milestone by experiencing its highest surge in whale transactions for the entire year. The announcement, made by Crypto Analyst Ali_Charts on X, revealed that over 2,600 transactions, each exceeding $100,000, took place, signifying a noteworthy uptick in LINK’s transactional activity. Over 2,600 Transaction Exceeding $100,000 Each Recorded […]

In the complex realm of cryptocurrency regulation, the U.S. Treasury has boldly extended its reach, seeking expanded powers that transcend national borders. Deputy Secretary of the Treasury Wally Adeyemo’s impassioned plea to Congress for extraterritorial control over stablecoins, notably targeting Tether, adds a layer of complexity to the ongoing domestic regulatory conundrum. As Adeyemo presents […]

Recently, the crypto community witnessed a notable event as a dormant Bitcoin whale, inactive for nearly four years, returned to the market. According to data from the crypto analytics platform Lookonchain, this enigmatic entity transferred 3,623 BTC, worth roughly $136.94 million, to two newly created wallets. Market Speculations And Potential Impact This mysterious investor initially […]

The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the most secure blockchain in the world, but that security depends on miners who receive their […]

Chainlink (LINK), ImmutableX (IMX), NEO, KAVA, and MultiversX (EGLD) are all altcoins that have interesting developments lined up in December, which could affect their price. The month of November was bullish for the cryptocurrency market. This was especially visible in the first half of the month. The five altcoins below could draw even more attention […]

A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to bait BTC bulls with another rally to the upside before eventually retracing. In a new strategy session, pseudonymous crypto trader Credible Crypto tells his 354,400 followers on the social media platform X that he would not be surprised if the king crypto […]

Top blockchain oracle provider Chainlink (LINK) is flashing a potentially bullish signal, according to the crypto analytics firm Santiment. Santiment says LINK witnessed a “massive amount” of older coins moving wallets on Tuesday. Explains the firm, “Big older coin movement typically is followed by big price movements, which is what occurred September 15th, resulting in […]

The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated from cryptocurrencies on offshore exchanges. According to a live recording from the Federal Senate, the new rule applies to crypto users with assets worth more than R$6,000 ($1,200) on all offshore exchanges. Brazilian Crypto Users […]

Rarible has cemented its commitment to NFT royalty enforcement by launching a testnet for an EVM-compatible chain with embedded royalties at the node level.

Shiba Inu’s burn rate up massively, but it might not be enough

The recent incident involving KyberSwap has caught the attention of the entire crypto community. A hacker managed to breach the platform’s defenses, resulting in a theft of $46 million. However, the most striking aspect is the unusual conditions the hacker set for the return of the funds. The hacker, through an on-chain message on November […]

Stablecoin company Circle says that USDC is now more accessible following the launch of the Cross-Chain Transfer Protocol (CCTP) on the Cosmos (ATOM)-based blockchain Noble. Circle created CCTP to facilitate the movement of the dollar-pegged USDC across different blockchains and Noble is an app chain, a network built to power a single app, that enables […]

In an unexpected turn of events on November 29, $IOTA has swiftly claimed the top gainer spot on CMCSTATS, experiencing a remarkable surge of 35% within the past 24 hours and reaching a 9-month high at $0.2420. This sudden and impressive surge is attributed to a recent groundbreaking announcement on X regarding IOTA’s strategic expansion. […]

The Brazilian Senate has passed legislation proposing an income tax on crypto gains from offshore exchanges, awaiting final approval from the country’s president. This proposal is slated for potential enactment on January 1. The bill aims to introduce a levy of 15% on all earnings garnered from cryptocurrencies held on offshore exchanges, Cointelegraph reported. If […]

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. In a shocking development to the international Bitcoin community, Binance founder and CEO Changpeng Zhao is […]

In a testament to its unwavering confidence in Bitcoin (BTC), MicroStrategy, one of the largest Bitcoin holding companies, has once again expanded its cryptocurrency portfolio.  The company’s former CEO, Michael Saylor, announced the acquisition of an additional 16,130 BTC, valued at approximately $593 million. This strategic move comes as Bitcoin enters a phase of accumulation […]

Pudgy Penguins now has 1M Instagram followers and is stocked in 2000 Walmarts. CEO Luca Schnetzler, 25, explains where everything went right.