Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets as Bitcoin (BTC) dips below $27,000. New data from whale-surveying platform Whale Alert shows that high-net-worth traders have abruptly moved over $660 million worth of Bitcoin, Ethereum (ETH), and Chainlink (LINK). Nine of the 14 transactions moved digital assets to exchanges […]

Hong Kong influencer Joseph Lam has disassociated himself with the crypto platform JPEX, denying any allegation in the unfolding investigation of the exchange. Lam held a press conference yesterday (Friday), revealing that he had not only closed his own company but also terminated the rental contract for his office. Lam’s abrupt severance of his connection […]

Throughout the years, I have presented the case for Bitcoin to a lot of people from a wide range of backgrounds. The list includes curious cab drivers, financial advisors, young software developers, skeptical policymakers, voiceless activists, and once even an IMF employee. Needless to say, most of these attempts ended up falling on deaf ears. […]

Ethereum (ETH) has recently experienced a significant drop in network fees, reaching their lowest levels in 2023 at just $1.15 per transaction. This decline in transaction fees is reminiscent of levels last seen in late December 2022, and it carries important implications for both Ethereum’s utility and its potential to recover market capitalization. Source: Santiment […]

CRV, the native currency of Curve Finance, the decentralized exchange focused on stablecoins, is shaking off August’s weakness and printing higher highs when writing on September 22. Trackers reveal that CRV is up 22% in the past two weeks, adding 10% in the last week alone. Coincidentally, there has been increased activity from a whale moving CRV […]

Customers at Coinbase can now trade the native token of a nascent layer-1 project called Vara Network (VARA). The top US crypto exchange rolled out support this week for VARA, the native asset of Vara Network, which just celebrated its mainnet launch on Wednesday. The project is an independent decentralized layer-1 network that aims to […]

Crypto analyst Benjamin Cowen says that altcoins will likely perform poorly for the remainder of 2023 based on historical patterns. Cowen tells his 787,000 YouTube subscribers that altcoins will likely struggle to close out the year as they had in other pre-halving years. The next Bitcoin (BTC) halving is expected in April 2024, when miner […]

Trading platform eToro says financial watchdog Cyprus Securities and Exchange Commission (CySEC) just gave the approval to its application to register as a Crypto Asset Service Provider (CASP). In a statement, eToro says the registration will enable it to offer regulated services to all European Union (EU) countries on a cross-border basis once the Markets […]

Binance, the well-known cryptocurrency exchange, recently found itself at the center of attention due to its role in the unexpected surge in Ethereum (ETH) gas fees. Here’s a detailed account of the events that transpired. Data from Dune Analytics revealed a sudden and unanticipated spike in gas fees on the Ethereum mainnet, escalating from 10 […]

Marina Parthuisot, Binance’s French legal director, stated that due to the upcoming MiCA bill that has not yet approved any stablecoins, Binance is planning to delist all such assets in Europe on June 30, 2024. However, Changpeng Zhao (CZ), the CEO of Binance, has responded to this statement on X, saying that it may have […]

Bitcoin is a bargain for some at current levels, but downside BTC price predictions remain firmly on the agenda.

Cryptocurrency enables individuals and organizations to raise funds directly from global participants without the need for traditional financial …

Valkyrie Funds has unveiled a revised launch date for its leveraged Bitcoin ETF

Can Bitcoin possibly rhyme with tradition? This new currency is so young and so different from the usual dollars and euros, that for most people it seems disconnected from the economic reality and even further – from their lives. Despite the fact that paying with Bitcoin is not much more complicated than paying with a […]

Central banks around the world are considering the formation of their own digital currencies amid the ever-changing cryptocurrency ecosystem. Among these, the Reserve Bank of India (RBI) has made substantial progress toward the implementation of its own digital currency, the Digital Rupee. This move is intended to provide a safe and government-backed alternative to the […]

In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial in what has been labeled one of the largest financial frauds in American history. Bankruptcy court proceedings kicked off the week […]

The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. This move, approved by the Tokyo District Court, pushes the deadline from October 31, 2023, to October 31, 2024. Twofold Rationale Behind The Extension This extension […]

The U.S. Department of Justice (DOJ) has successfully won a motion to prevent Sam Bankman-Fried’s proposed expert witnesses from testifying in the upcoming FTX trial. A new court filing reveals that Bankman-Fried’s proposed witnesses either failed to meet the standards of being able to testify or were excluded due to the government’s request. In the […]

Crypto asset manager CoinShares has launched a new hedge fund division to court American investors. The business will cater to accredited investors and complement the company’s portfolio of exchange-traded products (ETPs). According to CoinShares’ Chief Executive Officer, Jean-Marie Mognetti said that high interest rates provide interesting opportunities to outperform markets. “The market, the macro environment […]

These cryptocurrency …

Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.”

US District Judge Lewis Kaplan has made a ruling that shakes the upcoming trial of former CEO, Sam Bankman-Fried (SBF). This ruling bars all seven expert witnesses proposed by SBF from testifying in his trial, scheduled to commence on October 3, 2023. As earlier reported, the US Department of Justice (DOJ) raised objections to the […]

The cryptocurrency exchange FTX, which has declared bankruptcy, has filed a lawsuit against former employees of its Hong Kong affiliate, Salameda. The lawsuit seeks to recover $157.3 million that FTX alleges was fraudulently withdrawn in the lead-up to the exchange filing for bankruptcy. The defendants in the case include Michael Burgess, Matthew Burgess, and Lesley […]

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may […]

Cardano (ADA) price potential in Bitcoin context evaluated by Benjamin Cowen

Ten years ago this week, Joe Rogan, the world’s most popular podcaster, mentioned Bitcoin, a first in what has been an off-and-on theme of his programming ever since. As noted by Bitcoin Historian Pete Rizzo today, September 24 marks the anniversary of Joe Rogan’s interview with libertarian philosopher Stefan Molyneux, aired in 2013. In a […]

The bankrupt crypto exchange FTX has sued the former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, for the recovery of about $157.3 million, according to a Coindesk report. The Hong Kong firm was controlled by the FTX Founder and former CEO, Sam Bankman-Fried, who is now behind bars awaiting trial. FTX Sues […]

A widely followed crypto analyst is sharing his latest plan on Bitcoin (BTC) while charting out what’s next for Dogecoin (DOGE). Pseudonymous crypt trader Rekt Capital tells his 353,200 followers on the social media platform X that he plans to dollar cost average into BTC in preparation for the Bitcoin halving. “BTC  My plan is to […]

US legislators in the House Financial Services Committee have voted in favor of a proposed law that aims to stop the Federal Reserve from issuing a central bank digital currency (CBDC). According to the office of Congressman Tom Emmer (R-MN), the committee passed the CBDC Anti-Surveillance State Act during a markup session on Wednesday. Emmer, […]

SkyBridge Capital founder Anthony Scaramucci recently shared positive views on the flagship cryptocurrency, Bitcoin, which could provide some comfort to BTC holders as the bear market lingers.  Scaramucci Says HODL Bitcoin According to a report by Business Insider, the investment firm founder advised Bitcoin holders not to sell their BTC as they already made it […]

Google Cloud is making significant strides in the cryptocurrency and blockchain space by expanding support for various blockchains within its BigQuery data analytics service. This move underscores Google’s recognition of the growing importance of blockchain technology and the data it generates. Google Cloud Supports 11 Additional Blockchains The addition of support for 11 additional blockchains, […]

Bitcoin and the major altcoins are down from their weekly highs, but the bulls are trying to form a higher bottom, indicating buying on dips.