The Office of the President of the Republic of Korea is challenging the Financial Services Commission’s (FSC) stance against spot Bitcoin exchange-traded funds (ETFs). This step arrived about a week after the FSC cautioned against trading US-based spot Bitcoin ETFs following the approval of the funds by the Securities and Exchange Commission (SEC). According to […]

Injective Labs, the team behind the Injective altcoin token (INJ), has announced a revolutionary milestone with the launch of the gas compression feature. This technical innovation aims to transform transaction costs on the Injective platform, positioning it as a leader in the cryptocurrency industry. 1/ Injective today is introducing one of the largest technical breakthroughs […]

Former President Donald Trump has made a bold move into the world of Non-Fungible Tokens (NFTs), offering exclusive Bitcoin Ordinals as rewards to big collectors. This move has sent ripples through the cryptocurrency community, with many speculating on the potential impact of this strategy. TRUMP DIGITAL TRADING CARDS on BITCOIN ORDINALS The FIRST EVER Trump […]

In the last month, there has been a notable increase in crypto trading in South Korea. Kaiko’s latest analysis reveals a substantial surge in Bithumb’s Bitcoin volume, even though zero-fee trading was introduced several months ago. The trading volume of the flagship crypto asset on the platform appears to be approaching a whopping $3 billion. […]

A routine traffic stop on Interstate 20 in Webster Parish led Louisiana State Police to uncover a sophisticated cryptocurrency scam that targeted …

Chainlink sees surge in buying activity after unfortunate price drop

More than $1.2 billion flowed into spot Bitcoin (BTC) exchange-traded funds (ETFs) in the days after they launched last week, according to the research arm of the cryptocurrency exchange BitMEX. BitMEX says $1.29 billion flowed into the various new ETF products after four trading days, with BlackRock’s offering receiving most of the funding. Source: BitMEX/X DeFiance […]

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on the Bitcoin (BTC) ecosystem tokens over the medium term. The trader pseudonymously known as Altcoin Sherpa tells his 205,600 followers on the X social media platform that he expects Bitcoin Ordinals (ORDI), a protocol that allows text and images to be inscribed on […]

Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a sharp drop below the $41,000 mark as exchange-traded funds (ETFs) for Bitcoin went live on January 12.  The subsequent profit-taking, selling pressure, and outflows from Grayscale’s Bitcoin Trust ETF (GBTC) played a significant role in the downward trend. Grayscale’s Bitcoin Transfers To Coinbase Intensify […]

Ben Cowen, a popular analyst, suggests that Bitcoin’s price tends to retest the 100-week SMA after surpassing it, a pattern consistent in past cycles. He indicates that if Bitcoin closes the week below USD $42k, it could signal a further decline, and its repeated falls below the 50-day MA suggest this pattern is significant for […]

Cosmos (ATOM) and VeChain (VET) are both showcasing volatility on the charts and could soon initiate a new market rally, or could result in massive dips. But they are not alone as an upcoming project, Meme Moguls (MGLS) has taken the Web3 space by storm with its monumental presale momentum. Today, we dive into the […]

While generalizations are often best avoided, it’s fair to say that a significant number of long-time Bitcoin believers are not fans of Davos get-togethers, or indeed of event organizers the World Economic Forum. This can be put down, in part, to Bitcoin’s origin story as a bootstrapped potential replacement for present banking and finance mechanisms, […]

Blockchain analysis firm Chainalysis says the volume of illicit transactions in the crypto space significantly dropped in 2023, marking a shift in the rising trend from 2020 to 2022. In a new report, Chainalysis says illicit addresses received just $24.2 billion in cryptocurrency value last year. In 2020, these wallets received $9.4 billion, which rose […]

Cryptocurrency analyst and trader Michaël van de Poppe says one Polygon (MATIC) rival is setting the stage for a massive surge. Van de Poppe tells his 685,200 followers on the social media platform X that layer-2 scaling solution Optimism (OP) might soon soar by more than 55% from its current value. “Simplified TA (technical analysis) […]

Solana Mobile, the company developing blockchain-based smartphones, achieved resounding success with the pre-sale of its latest edition of mobile phones. After the depletion of stock for its previous model, the Solana Saga, the new version reached 30,000 pre-orders in just 48 hours, reflecting clear enthusiasm from users and achieving a significant advancement in Solana’s mission […]

In a decision that stirred up the crypto community, cryptocurrency exchange Crypto.com announced the suspension of Terra Luna Classic (LUNC) trading. Through an email sent to U.S. residents, Crypto.com urges customers to sell or withdraw their LUNC tokens before February 15. This move resulted in a significant drop for the token, with a decrease of […]

Satoshi Nakamoto’s X page resurgence has crypto world buzzing: Is Bitcoin’s creator making mysterious comeback?

Following its initial hostile outlook on the spot Bitcoin exchange-traded fund (ETF), the South Korean government may be giving a second thought to its stance on the financial product. This movement is driven by comments from Sung Tae-yoon, the recently appointed South Korean Presidential Chief of Staff, and an analysis from the Industrial Bank of […]

Recently, cryptocurrency analytics platform Lookonchain reported activities of Bitcoin (BTC) and Ethereum (ETH) whales amid the ongoing market downturn. These whales appear to have been capitalizing on the recent decline in the crypto prices to bolster their holdings. According to Lookonchain, amid the market dip, a newly established wallet withdrew 700 BTC, valued at roughly $29.36 […]

Another way the cryptocurrency industry can make the practice more sustainable is through their choice of energy sources. Fossil fuels and non- …

“Mauro, SHUT THE FUCK UP!It’s a bug alright – in the kernel. How long have you been a maintainer? And you *still* haven’t learnt the first rule of kernel maintenance?If a change results in user programs breaking, it’s a bug in the kernel. We never EVER blame the user programs. How hard can this be […]

Despite recent approvals for Spot Bitcoin ETFs and initial high expectations, the Bitcoin price has experienced a significant drop. Some experts, like Michaël van de Poppe, view this as a potential buying opportunity. Others, such as Ran Neuner, suggest that the impact of the Grayscale Bitcoin Trust (GBTC) overhang indicates a more gradual, long-term development. […]

Former President Donald Trump pledged to oppose the creation of a CBDC, citing it as a threat to freedom and a tool for government overreach. Ex-presidential candidate and crypto advocate Vivek Ramaswamy, after ending his campaign, is rumoured to potentially join Donald Trump. This has stirred up excitement in the crypto community about the prospect […]

Crypto analytics firm IntoTheBlock says that key metrics show Bitcoin (BTC) is not in a full-on bull market. IntoTheBlock says that Bitcoin’s current fundamentals are dissimilar from those during historical bull markets as the crypto king stalls around the $40,000 level. “A lack of volume compared to previous bull markets, a limited decrease in long-term […]

Norman Reed, Interim CEO of Binance.US, has launched a scathing critique of the Securities and Exchange Commission’s (SEC) strategy for regulating digital assets, characterizing it as fundamentally flawed and harmful to the US economy. Reed, a former SEC employee, has articulated his concerns in a strongly worded op-ed for Fortune, pointing out the agency’s departure […]

Amid the swinging pendulum of coin prices in the crypto market, investors are looking for tokens with high chances of returning profit in the future. Solana (SOL) and Lido DAO (LDO) are among the tokens that have shown signs of a rally in sight. Meanwhile, Pullix (PLX) is stirring frenzied excitement among investors as the […]

Memecoin fever is running red hot, and investors unfamiliar with memecoins need to brush up. Hot money is chasing the next narrative, and while dogwifhat ($WIF) soars 350% and Floki ($FLOKI) is up 33%, newer ICOs are also popping up. Galaxy Fox ($GFOX) is a classic example of an on-chain presale cryptocurrency offering an interesting […]

In an encouraging development for the crypto space, Tether, the issuer of the world’s largest stablecoin USDT, has doubled down on its Bitcoin investment momentum by acquiring a staggering 8,888 BTC, further diversifying its portfolio.  Tether Increases Its Bitcoin Holdings Tether has recently made its third largest Bitcoin purchase, as the stablecoin issuer added a […]

Bybit , a prominent cryptocurrency exchange, recently announced the addition of Saros (SAROS) to its Spot trading platform.

Can traders expect bounce back of Bitcoin (BTC) shortly?

The U.S. Securities and Exchange Commission (SEC) is delaying its decision on banking giant Fidelity’s spot market Ethereum (ETH) exchange-traded fund (ETF) until March. In a new document, the regulatory agency says that it needs more time to consider approving such a product – which was originally proposed in November and would see Fidelity’s ETH-based […]

Cardano, the eighth-largest cryptocurrency by market capitalization, has ushered in 2024 with a series of updates and releases that promise to improve the platform’s performance, scalability, and interoperability. The first notable update is version 0.15.0 of Hydra, a Cardano Layer-2 protocol designed to increase transaction processing capacity and overall efficiency. First #Hydra release of 2024, […]