According to a recent CoinGecko report, Binance, the world’s largest centralized exchange (CEX) by trading volume, has retained its market leadership position in 2023.  Despite facing increased regulatory scrutiny and undergoing significant leadership changes, Binance maintained a market share of 43.7% and saw its spot trading volume rise to $427.1 billion in December 2023, representing […]

Stablecoin issuer Tether’s latest attestation report reveals that the firm made record profits in Q4, mostly driven by interest payments from US treasuries. According to the report, Tether made $2.5 billion in profits during the fourth quarter of 2023, the highest net profit the firm has ever seen. “In terms of financial performance, the fourth […]

George Osborne has been hired as an adviser to Coinbase as the American cryptocurrency exchange seeks to expand in the face of mounting regulatory …

German authorities have made a record-breaking seizure of approximately €2 billion in Bitcoin

Ouinex, an upcoming cryptocurrency exchange, is strengthening its regulatory position before launch as it recently received a Virtual Asset Service Provider (VASP) registration from the Polish Financial Supervision Authority (KNF), Finance Magnates has learned. Ouinex’s First Regulatory License The Polish license is the first regulatory authorization obtained by the company, which is days ahead of […]

After a brief shift into ‘Greed’ territory, the Fear & Greed Index has returned to ‘Neutral’ as Bitcoin and most top altcoins experience slight declines. Pyth Network (PYTH) has seen a 30% increase in its token price, buoyed by its integration of traditional financial data with decentralised technology and several key developments. Ethereum-based Gnosis (GNO) […]

TL;DR Ripple hack: 213 million XRP ($112M) stolen, triggering concerns and illicit transactions. Impact on XRP: XRP price falls to $0.5070, aggravating bearish trend with -19% in 30 days. Larsen Confirmation: Chris Larsen confirms unauthorized access, takes quick action and cooperates with authorities. In a surprising turn of events, blockchain payments firm Ripple has been […]

Amid the recent rally that Bitcoin (BTC) experienced at the start of the week, several well-known cryptocurrency analysts seem to be bullish about the largest crypto asset, delivering multiple positive predictions for BTC in the short and long term. Bitcoin Poised To Hit The $60,000 Price Mark One of the famous crypto analysts who has […]

Alex Chriss, the CEO of payment company Paypal, announced to the staff on Tuesday that an additional 9% of the workforce, approximately 2,500 positions, will be cut. The development follows PayPal’s decision to reduce its headcount by around 2,000 in January of the previous year. Paypal Further Reduces Workforce In a letter, the newly appointed […]

Yesterday, API3 made headlines as one of the top daily gainers on Binance, experiencing a remarkable surge of over 17%.  The impressive performance of API3 extends beyond the daily gain, with a 28% increase in the past 7 days. Also, a 58% rise in the past month, and an astounding 142% gain over the last […]

Popular cryptocurrency analyst explains why SHIB may be targeting surge to $0.011 price level

Hong Kong's privacy watchdog has raided six premises linked to a cryptocurrency company which requires an eye scan from clients for identification …

The rise in interest in digital assets has led to a significant increase in crypto sponsorships aimed at enhancing and nurturing brand loyalty among crypto enthusiasts. These strategic alliances boost visibility and build trust in this ever-changing sector. The panel titled “Beyond Traditional: Crypto Sponsorships & NFT Integration” during November’s Finance Magnates London Summit (FMLS23) […]

On-chain data shows the Bitcoin miners have been selling recently, but this quant has argued that this selloff shouldn’t have much impact on the market. Bitcoin Miner Reserve Has Registered A Decline Recently In a CryptoQuant Quicktake post, an analyst discussed the latest selling pressure that the miners have been putting on the market. The […]

TL;DR FTX announced plans for a full refund to its users during a court hearing. However, it will not restart its operations. FTT, its native token, plummeted by 15% after the non-reactivation of the platform was confirmed. The trading volume of FTT increased by 560%, reaching $101 million in the last few hours. In a […]

TL;DR Record Profits: Tether achieves $2.85B in profits in Q4 2023, totaling $6.2B annually. 90% Coverage with Cash: The cryptocurrency backs 90% of its tokens with cash, indicating financial stability. Elimination of Loan Impact: Surpluses of $5.4B exceed remaining loans, fulfilling the promise to eliminate their impact. In a recent statement, Tether Holdings Limited has […]

The GameStop short squeeze phenomenon of January 2021 has inspired a Solana-based meme coin (ticker GME) with a market cap of nearly USD $22m. It experienced a recent surge in value, representing a digital movement symbolising the underdog’s power against financial giants. It remains to be seen if GME, unrelated to the GameStop retailer which […]

DeFi regulation has been a major bone of contention among regulatory watchdogs across the world. A recent paper, authored by Rebecca Rettig, Katja Gilman from Polygon Labs, and Michael Mosier from Arktouros, proposes a strategy to classify truly decentralized DeFi protocols as critical infrastructure. This classification would place them under the oversight of the US […]

Following a slight rejection during last week’s drops, Solana, SOL increased by 28% to mark a new multi-week high today. The price currently looks strong as more gains lie ahead.  Sol fell hard this month but has managed to halt selling after dipping to $79. It rejected this price level with a bounce and started […]

Stablecoin-issuer Circle says it’s bringing USDC to the Celo (CELO) blockchain, according to a new press release from The Celo Foundation. The Celo protocol is an Ethereum Virtual Machine (EVM) compatible blockchain that bills itself as “mobile first,” and is in the process of migrating into becoming a layer-2 solution. Its native token, CELO, can […]

Google has marked a significant milestone in the crypto community by allowing Bitcoin ETF advertisements on its platform, indicating a dramatic shift from its prior restrictive stance

The police and cybersecurity agency are warning the public of a new cryptocurrency scam that has become more common globally.

Bitcoin price had previously been showing extreme strength leading up until the debut of the first spot ETFs. That strength has since subsided, leading to a 20% correction in BTCUSD. A popular technical indicator that measures momentum, however, could point to powerful continuation to the upside, but only if a certain level is breached. Keep […]

A widely followed crypto strategist is predicting bullish continuations for a handful of altcoins including Solana (SOL), Chainlink (LINK) and Polygon (MATIC). Analyst Michaël van de Poppe tells his 692,000 followers on the social media platform X that the native asset of the smart contract platform Solana looks primed for a move to the upside. […]

HodlX Guest Post  Submit Your Post   Given the blockchain industry’s broader focus on crypto, we often overlook the broader applications of blockchain technology. Yet, blockchain is quietly revolutionizing various consumer technology sectors with its potential to transform how we trade, work and play. At CES 2024, I participated in a panel titled, ‘Blockchain’s Impact on […]

Crypto trader Rekt Capital outlines five phases surrounding the upcoming Bitcoin halving. The Pre-Halving Period and Rally, with the potential for investment opportunities during retraces and eventual ‘Buy the Hype’ and then ‘Sell the News.’ The Pre-Halving Retrace, historically significant and resulting in investor doubts leading into Re-Accumulation, a phase of investor exit and disappointment […]

Standard Chartered Bank tells clients it expects Ethereum spot ETFs to be approved on May 23, and that ETH price could pump to US$4000 in lead up. First ETFs are expected to exclude staking rewards and simply track Ethereum’s spot price. Optimism not widely shared—others believe approval is unlikely this year and possibly not until […]

TL;DR Starknet and Celestia Partnership: Starknet, a leading player in Ethereum’s scaling solutions, has announced a strategic collaboration with Celestia. Impact on Ethereum Scaling: The partnership allows Starknet to utilize Celestia for off-chain scaling solutions, reducing transaction expenses. Celestia’s Role in Data Availability: Celestia has pioneered the implementation of “data availability sampling,” which improves efficiency […]

[PRESS RELEASE – Dubai, the United Arab Emirates (UAE), January 30th, 2024] $DEFI Token secures listings on the 7 most popular crypto exchanges, including ByBit, KuCoin, Gate, MEXC, Bitget & Bitmart. Trading will start on January 31st  De.Fi, the Largest Web3 Super App, excelled with the most prominent public sale in 2023, raising a staggering […]

The crypto market has solidified itself as a great investment and trading space long ago. In the beginning, only a few early adopters saw the potential and started trading crypto and learning how it works as it progressed. Now, however, more and more people want to enter the market, but many are met with barriers […]

Samson Mow has described how supply-demand imbalance in spot Bitcoin ETF market can help drive price of coin higher

… cryptocurrency. Denver District Court Judge David Goldberg ruled Monday that Eli and Kaitlyn Regalado, along with their companies and church …