European law enforcement in January arrested 17 suspects of a “mafia crypto bank” who are said to have laundered over 21 million euros ($23.5 million) in crypto for criminal entities in China and the Middle East. The money laundering services were allegedly carried out on behalf of other criminal networks engaged in migrant smuggling and […]
A widely followed crypto strategist thinks that one layer-1 platform is closely following in the footsteps of Solana’s (SOL) 2021 bull market rampage. Pseudonymous analyst Kaleo tells his 698,600 followers on the social media platform X Sui’s (SUI) price action over the last two years looks very similar to SOL’s 2020-2021 market structure. In 2021, […]
XRP has regained its position as the third-largest cryptocurrency by market capitalisation at US$151 billion, overtaking Tether (USDT) for the second time in recent days. CME Group has officially announced XRP futures will launch on 19 May, offering both micro contracts (2,500 XRP) suitable for retail traders and standard contracts (50,000 XRP) for institutional investors. […]
Coinbase has officially joined the S&P 500, becoming the first crypto company in the index after Discover Financial’s exit opened a spot. Its stock surged over 25%, hitting US$256. CEO Brian Armstrong hailed the move as validation that crypto is “here to stay”, while analysts called it a milestone that could encourage more crypto firms […]
Ripple’s USD-backed stablecoin RLUSD is exploding across finance, powering everything from institutional collateral and DeFi trades to tokenized assets and global peer payments—all on the XRP Ledger. Ripple Spotlights RLUSD’s Expanding Real-World Use Cases Across Finance Ripple provided an in-depth look on May 13 at the growing number of real-world use cases for stablecoins, with […]
Binance, the world’s largest crypto exchange by trading volume, has now maintained a reserve ratio above 100% for 30 consecutive months. The streak was confirmed in the latest snapshot at Bitcoin block height 894,668, showing the company holding 616,886 BTC to back customer net balances of 604,410 BTC, equating to a reserve ratio of 102%. […]
Key Takeaways: The SEC has officially initiated proceedings to decide on the Grayscale Litecoin Trust ETF listing. The decision delay signals more scrutiny and a longer timeline, with no immediate approval expected. Should it be approved, the ETF would be supported only by Litecoin (LTC) and trade on NYSE Arca. Another turning point in the […]
Bitcoin Magazine Standard Chartered Bank Signs Partnership With Digital Asset Broker FalconX Digital asset broker FalconX has announced a strategic partnership with British multinational bank Standard Chartered to enhance services for institutional clients. In the first phase of the partnership, Standard Chartered will offer a range of banking and foreign exchange (FX) services to FalconX, […]
Video circulating widely on social media shows the horrifying moment the pregnant daughter of a cryptocurrency company executive, accompanied by …
The biggest bank in the US is expanding its foray into digital assets and is now reportedly settling blockchain transactions outside of its proprietary networks. JPMorgan Chase has announced that it has settled its first transaction on a public ledger using oracle service Chainlink (LINK) and tokenization-focused platform Ondo Finance (ONDO), Fortune reports. The transactions […]
Crypto Expert Predicts Massive Bitcoin Dump That Will Drive 10,000% Rally For This $0.0000002 Meme Coin Crypto expert Egrag Crypto has shared that an imminent Bitcoin (BTC) selloff is on the horizon. He shared that this potential Bitcoin (BTC) dump could trigger a cascade of capital into high-upside meme coins. A particular meme coin […]
Pro-crypto Republican Senator Cynthia Lummis of Wyoming is pressing the US Treasury to ease crypto tax laws as a means of evening out the playing field with foreign companies. In a new thread on the social media platform X, Lummis says that the US’s competitive advantage in digital finance is at risk due to US […]
XRP’s price has climbed to $2.61 in the last 24 hours, and has been able to keep a steady pace, registering a 22% gain over the past seven days. Traders are piling into futures contracts. A notable performance has been in the Open interest department, which jumped by more than 40%. Rising Futures Activity According […]
Key Takeaways: Dogecoin’s active addresses surged 528% to 469,477. DOGE’s futures open interest rose 70% to $1.65 billion, indicating strong speculative interest. On May 13, Dogecoin (DOGE) witnessed a staggering 528% increase in active addresses, soaring from 74,640 to 469,477, signaling robust network activity and growing investor interest. This surge followed an update to 21Shares’ […]
TL;DR Tether introduced QVAC, a platform that runs AI applications locally on user devices, without relying on servers or cloud infrastructure. QVAC’s modular architecture enables peer-to-peer connections and protects sensitive data by removing intermediaries from the process. It will integrate native payments in Bitcoin and USDt through WDK, allowing AI agents to handle transactions without […]
GnosisDAO acquired financial platform HQ.xyz for $15 million, rebranding it as Gnosis HQ to expand enterprise-focused Web3 financial tools, the company announced this week. GnosisDAO Acquires HQ.xyz for $15M The acquisition positions Gnosis HQ as a dedicated platform for crypto-native and traditional businesses seeking self-custodial payment solutions. It will offer a Visa corporate card accepted […]
VanEck has launched VBILL (VanEck Treasury Fund), a tokenised treasury fund that brings US Treasuries on-chain, partnering with Securitize for tokenisation, fund administration and transfer agency services. The fully collateralised fund maintains a constant US$1.00 NAV by investing solely in US Treasury obligations and repurchase agreements with maturities of 397 days or less, while maintaining […]
TL;DR Scammers are impersonating Binance support on platforms like Telegram to trick users into clicking malicious links that steal credentials or 2FA codes. While Binance’s CEO assured that the company operates around the clock to safeguard user assets, he emphasized that individual vigilance remains paramount. ‘Scammers Never Sleep’ Alongside the technical innovation and opportunities that […]
Bitcoin Magazine Japan’s ‘MicroStrategy’ Metaplanet Posts Record Quarter Numbers, Now Owns Over $700 Million Bitcoin Metaplanet Inc. widely recognized as Japan’s leading Bitcoin treasury company, has reported its strongest quarter to date for Q1 FY2025, marked by record operating profit and a significant expansion of its balance sheet. Metaplanet Q1 Financials released: – Revenue: ¥877M […]
Dubai is partnering with the exchange Crypto.com to accept digital assets for government fees. The emirate’s Department of Finance (DOF) signed the memorandum of understanding (MoU) with the crypto firm as part of its ongoing “cashless strategy.” Dubai aims to conduct more than 90% of financial transactions across both the public and private sectors through […]
The CEO of investment firm Pantera Capital says the current value of the crypto market is currently a massive buying opportunity. In a presentation at the TOKEN2049 crypto conference in Dubai, Dan Morehead says that digital assets like Bitcoin (BTC) will likely remain bullish amid pro-crypto regulatory changes under US President Donald Trump. “If right […]
… of anyone trying to regulate cryptocurrency mining — a move heralded by libertarians and the crypto lobby but decried by environmentalists.
VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE) is listed on the Cboe exchange and aims to provide investors with broad exposure to companies operating in […]
Ethereum is gaining momentum again after tagging the $2,739 level and setting a new local high, reaching prices not seen since late February. The rally marks a strong comeback for ETH, which has been under significant pressure earlier this year. Now, bulls appear firmly in control as the broader crypto market wakes up and capital […]
Following the recent stunning adoption for scalability on AI tokens, Virtuals protocol has expanded and is now growing to become one of the best liquidity providers for its native token over the past month. Last month marked a significant increase in Virtual’s price after three months of broad correction. Charting over 300% gains in three […]
The Ethereum Foundation announced the “Trillion Dollar Security” (1TS) initiative, a three-part plan to enhance Ethereum’s resilience for high-value institutional and individual use. Ethereum’s 1TS Initiative Focuses on Protocol, Smart Contract Risks The project aims to enable billions of users to securely store over $1,000 each onchain and support single contracts holding more than $1 […]
An executive at the banking titan Citi says that the S&P 500 (SPX) is not done rallying after most financial institutions were caught off guard by the sudden stock market recovery. In a new interview on CNBC Television, Stuart Kaiser, Citi’s head of US equity trading strategy, says that after the weekend’s productive trade talks […]
TL;DR CryptoPunks changed hands for the second time in three years; NODE acquired the collection from Yuga Labs for around $20 million. NODE plans to open an exhibition space in Palo Alto and will run a full Ethereum node to ensure digital preservation. The community welcomed the acquisition, but doubts remain about whether NODE will […]
The new chair of the U.S. Securities and Exchange Commission (SEC) says he’s prioritizing developing new regulations for crypto asset issuance, custody and trading. Paul Atkins, who was sworn in as SEC Chair in April, spoke at the Commission’s Crypto Task Force Roundtable on Tokenization this week. The new chair says the SEC’s “legacy rules and […]
Bitcoin Magazine Missouri Bill Would Enable Tax-Free Bitcoin Spending Missouri’s House Bill 594 (HB594), which would eliminate capital gains taxes for residents in the state, recently passed a vote in the state’s House of Representatives and now awaits a signature from Missouri’s governor, Mike Kehoe (R). If the bill passes, Missourians can write off “one […]
A report from Citi’s Future Finance think tank predicts the stablecoin market could surpass the current size of the combined crypto industry, growing to US$3.7 trillion by 2030. Citi predicts growth from increased mainstream use of stablecoins payments, a shift away from bank notes and towards stablecoins to hold US currency, and an increase in […]
TL;DR Shiba Inu (SHIB) is gaining momentum, with analysts pointing to certain catalysts for a potential triple-digit price surge in the current cycle. Cardano (ADA) is described as “built to last,” with some predicting a breakout to $1.60 in the short term and possibly $3 by year-end. SHIB Bull Run on the Way? The popular […]