Report encourages holders of Cardano’s native token—ADA—to sell their bags, citing lack of outside usage of the network, no major stablecoins. Report authors conclude Cardano is a dying chain with no hope of wider adoption. Muted response from Cardano founder, Charles Hoskinson, fails to satisfy the community. SELL! SELL! SELL!  That’s the message to ADA […]

While Bitcoin’s price has been in a consolidation phase post ETF adoption, Ethereum is witnessing significant gains. Currently trading at $2,571, Ethereum’s market valuation has reached $308.97 billion, marking a 1.53% increase. According to Santiment data, Ethereum’s price dominance against Bitcoin has surged by +22.4% in the past week. This period has seen the creation […]

Core Scientific, a provider of blockchain computing data centers and software solutions, announced that the United States Bankruptcy Court for the Southern District of Texas has confirmed the Chapter 11 plan of reorganization. With the Bankruptcy Court’s approval, Core Scientific is now set to emerge and re-list on the Nasdaq by the end of January […]

Grayscale, an American digital asset management company, has witnessed a staggering amount of outflows in its Spot Bitcoin ETF, Grayscale Bitcoin Trust (GBTC). Analysts speculate that the outflows may be linked to several factors, including high trading fees and accounting irregularities.  Grayscale Experiences Massive Outflows After successfully securing approval for its Spot Bitcoin ETF against […]

Hagerty, Lummis Introduce Cryptocurrency Legislation to Foster Public-Private Coordination on Combatting Illicit Finance. January 17, 2024.

Bitcoin (BTC) user pays eye-watering transaction fee, which is almost 30,000x higher than ordinary commission

Veteran trader Tone Vays is issuing a warning that Bitcoin (BTC) could soon undergo a much bigger market correction. In a new video update, the seasoned analyst tells his 123,000 YouTube subscribers that Bitcoin could dip into the mid-$30,000 range if it fails to reclaim a key level. “All signs are pointing to a much, […]

In the dynamic world of digital currencies, David Schwartz, Ripple’s CTO, recently addressed the crypto community’s concerns about the absence of the genesis block on the XRP Ledger (XRPL). This discussion was prompted by questions from the community, especially a member named MetaMan, who was doubtful about the XRPL’s unusual beginning at block 32,569. The […]

In a surprising move, asset management firm VanEck announced that it plans to close and liquidate its VanEck Bitcoin Strategy ETF (XBTF), just two years after its launch on the CBOE in November 2021. On January 16, 2024, the Board of Trustees of VanEck ETF Trust officially approved the liquidation and dissolution of the fund, […]

Digital assets infrastructure provider, Aquanow, and cryptocurrency exchange, Gate.io, have announced a strategic partnership aimed at enhancing global liquidity for the next generation of blockchain projects. With Gate.io boasting over $6 billion in daily trading volume and a user base of 13 million, the collaboration signals a notable move towards modernizing financial services through crypto […]

After a month of quiet paws, Shibarium, the Layer-2 solution for the popular meme coin Shiba Inu, has roared back to life with a staggering 200% increase in daily transactions over the past two days. This surge marks a dramatic turnaround from its recent lull, reigniting optimism among the SHIB army and sending the platform’s […]

Despite high expectations, the approval of the Spot Bitcoin ETFs in the US led to an underwhelming Bitcoin price reaction, with a 6% decline over seven days following the SEC’s decision. The trading volume of the newly approved ETFs starkly contrasts with its subdued price performance, outpacing the combined volume of 500 ETFs launched in […]

A closely followed crypto strategist thinks that one Ethereum (ETH)-based altcoin is about to soar against Bitcoin (BTC). Pseudonymous analyst The Crypto Dog tells his 750,500 followers on the social media platform X that the decentralized exchange protocol Injective (INJ) is looking bullish on the INJ/BTC trading pair chart. “Incredibly bullish structure.” Source: The Crypto […]

Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable sale by Stani Kulechov, the […]

Cybernetics, a cryptocurrency recovery services provider, has announced an efficient solution for individuals facing the challenge of lost …

Shiba Inu’s lead developer, Shytoshi Kusama, proposes a revolutionary shake-up in the crypto world with SHIB Name Tokens

[PRESS RELEASE – London, United Kingdom, January 17th, 2024] Kabuni’s Steamboat Willie-inspired non-fungible tokens (NFTs) go beyond digital assets, they are integral to Kabuni’s mission of unlocking human potential through technology and driving positive change. Holders of these NFTs gain an exclusive path to the chance of earning Kabuni COIN (KBC), embodying the spirit of innovation, […]

King Ferdinand of Spain, sponsor of Christopher Columbus, had only one command for the conquistadors: “Get Gold! Humanely, if possible, but at all hazards!” 500 years later this sentiment still seems to be the same, with the addition of new hazards. Gold bugs and Bitcoin advocates share the common belief that the fiat currency system […]

Circle chief executive Jeremy Allaire thinks additional regulatory clarity will pave the way for increased stablecoin adoption in 2024. In a new interview with CNBC International TV, Allaire predicts that the recent approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US will act as “the tide that lifts all boats” in the crypto […]

January 17th will be a crucial day for Coinbase, the renowned cryptocurrency exchange platform, and the United States Securities and Exchange Commission (SEC). On this date, both parties will appear before a court in New York for a hearing that will determine the course of the case that the SEC filed against Coinbase on June […]

Bitcoin Spot Exchange-Traded Funds (ETFs) have once again garnered the attention of crypto enthusiasts and investors as the products have witnessed a whopping $10 billion in total trading volume in the first three days of trading. Bitcoin Spot ETF Sees Significant Uptick In Day 3 Trading The development was revealed by Bloomberg Intelligence analyst James […]

http://www.ftc.gov/cryptocurrency Did someone guarantee you could make quick money by investing in cryptocurrency? That's a scam.

Has rate of XRP reached local bottom so far?

Bitcoin recently experienced a decline, breaking below a critical level at USD $42,200, indicating potential weakness. Analyst Jason Pizzino suggests this could lead to further drops to around USD $37,000, while also offering good re-entry points in a healthy market correction. Pizzino criticised the hype and misinformation in the crypto market, particularly exaggerated Bitcoin predictions. […]

The Solana mobile phone Saga saw initially poor sales dramatically increase tenfold within 48 hours due to a promotion offering 30 million BONK tokens with each purchase. This led to an arbitrage opportunity that attracted buyers, necessitating a purchase limit per household, and paving the way for the upcoming release of version 2.0. The Solana […]

A cryptocurrency trader who invested $10,000 in the meme coin Troll has recently realized a profit of over $1.03 million, thanks to capitalizing on Elon Musk’s updated bio description on X (formerly Twitter). On January 9, Musk altered his X profile description to “(CTO) Chief Troll Officer” and posted a message containing a similar phrase […]

The world of decentralized finance (DeFi) is experiencing a surge in lending protocols, with Radiant Capital ($Rdnt) leading the pack with an impressive 188% surge in coin performance in 2024. Notably, $QI, $SILO, and $WELL are following closely, each experiencing over 100% growth. Among lending protocols in the DeFi space, Radiant Capital ($RDNT) leads the […]

The battle for the future of Bitcoin is raging in real time on twitter as we are on the cusp of global economic contraction, thanks to 50+ years of the USD fiat regime, and are eagerly waiting for the approval of a spot Bitcoin ETF by the SEC. Yet, in the trenches on Twitter, the […]

Tether is pushing back against recent accusations from a United Nations agency that its stablecoin, USDT, is used extensively for money laundering and fraud in Asia. In a new report, the United Nations Office on Drugs and Crime (UNODC) claims criminals in East and Southeast Asia prefer to use USDT on the Tron (TRON) blockchain […]

Cryptocurrency analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin (BTC) over the coming weeks and months. Van de Poppe tells his 684,700 followers on the X social media platform that Bitcoin is likely to enjoy a rally ahead of the halving scheduled for April. According to the widely followed analyst, […]

The approval of 11 Bitcoin exchange-traded funds (ETF) by the US securities market regulator has failed to convince its counterpart in Thailand, also named the Securities and Exchange Commission (SEC), to allow such products in the local Thai market. No Bitcoin ETFs in Thailand According to the Thai regulator, Bitcoin ETFs approved in foreign markets […]

The SUI blockchain has been ramping up since the year 2024 began, and a natural consequence of this rapid growth is that it has now surpassed some major players in the decentralized finance (DeFi) space. This has put it ahead of heavy hitters such as Bitcoin and Aptos as SUI begins to leave its mark […]