Bitcoin has returned back above the $100,000 mark as on-chain data shows capital continues to flow into the asset at a rapid rate. Bitcoin Realized Cap Has Crossed The $768 Billion Milestone In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about the latest trend in the Realized Cap […]
ASIC’s Digital Assets Lead, Rhys Bollen, has likened cryptocurrency to prison cigarettes, sparking concern in the Aussie industry that the agency is planning an overly broad approach to regulation. Industry figures fear ASIC’s approach may further hamper innovation in the Aussie crypto industry and drive businesses overseas to seek friendlier regulatory regimes. Have you heard […]
Global crypto exchange Kraken has been fined AU $8 million by Australian regulators. The fines are related to Kraken’s margin extension product, offered without the required Target Market Determination (TMD). ASIC’s allegations include significant financial losses for Kraken’s customers and serious regulatory breaches. Despite the ruling, Australian regulators are focusing on updating financial regulations to […]
The cryptocurrency market is witnessing a significant correction in Cardano (ADA) prices, with the token experiencing a sharp decline to $0.9, representing a 24% decrease in the past 24 hours. This downturn comes after an impressive 216% surge in November, raising questions about the sustainability of ADA’s recent rally. Why Is Cardano Price Down Today? […]
TL;DR Babylon Chain has surpassed $3.7 billion in Bitcoin deposits, reaching a total of 36,100 BTC from nearly 88,000 unique users. In just 48 hours, the platform recorded deposits of over $1.2 billion, with a marked increase in the number of unique depositors, from 48,000 to 62,000. The success of Babylon Chain is also due […]
Scottsdale police say Nuruhussein Hussein would ask to use a passenger's unlocked phone to transfer cryptocurrency. Author: Ashley Gardner.
The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin’s (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week’s BTC rally to over $100,000. “With inflation data meeting expectations, Bitcoin has surged back above $100,000! Next steps: Flip […]
A US bank regulator says it’s shutting down a “legal loophole” that’s costing customers $5 billion in fees per year. The Consumer Financial Protection Bureau (CFPB) says a new rule will force large banks to either limit overdraft fees to $5, align them to actual costs and losses, or treat overdraft loans like other credit […]
Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically, Euroclear Cautions EU Euroclear Ltd., the Belgian clearinghouse responsible for holding the bulk of Russia’s frozen central bank assets, has raised significant concerns about the risks and […]
Even though cryptocurrency market stays active, some assets are in trouble
XRP price started a fresh increase above the $2.40 resistance zone. The price is now consolidating gains and might aim for a move above the $2.450 resistance zone. XRP price started a fresh increase above the $2.35 zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is a short-term […]
Ethereum still has the crown for total developer activity, topping the charts across every continent around the world.
As crypto enthusiasts continue to explore the wild opportunities within the crypto space, new projects are popping up almost daily, promising not just laughs but also potential profits. With the market showing signs of recovery and an increasing number of investors eager to jump on the meme coin bandwagon, now is the perfect time to […]
Bitcoin recently retraced to $94,220, raising concerns in the market. Profit-taking and potential effects from quantum computing have been cited as key factors. As Bitcoin settles at around $97K, discussions increase about whether it will surpass $100,000 by year-end or face further barriers this December. Google has introduced a new chip, “Willow,” claiming it can […]
Top US crypto exchange Coinbase has added support for three additional digital assets, including memecoin Gigachad (GIGA). Solana (SOL)-based GIGA, a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, is up more than 39% from its $0.04911 low on Tuesday, the day it was listed on Coinbase. GIGA is trading for […]
Bitcoin Cash (BCH) pioneer and early crypto adopter Roger Ver claims the US government was attempting to subvert Bitcoin (BTC) as far back as 2011. Ver says in a new interview with Tucker Carlson that Bitcointalk.org, an early BTC forum, was flooded with bots the same week Bitcoin started to get worldwide media attention for […]
Some in the crypto community fear that Satoshi Nakamoto’s Bitcoin stash might be in danger due to Google’s new quantum computing chip, Willow. Despite concerns, analysts believe Google’s 105 qubit processing power isn’t enough to threaten Bitcoin’s SHA-256 and ECSDA algorithms. Bitcoin’s creator, Satoshi, left instructions to re-write the hash function if quantum computing ever […]
So, can investors write off the loss on their tax return? The position of the IRS is that cryptocurrency-related losses are treated like a capital …
TL;DR BlackRock recommends a 2% Bitcoin allocation limit to maintain a balance between risk and reward in investment portfolios. The firm acknowledges Bitcoin’s growth potential and its value as a hedge against inflation but warns about market volatility and regulatory uncertainty. Limiting Bitcoin exposure allows investors to capitalize on its growth potential without disproportionately affecting […]
TL;DR Chainlink surpassed $29 for the first time in 37 months, although it is currently at $28 after a brief retracement. Whales and institutional investors have accumulated more than 5.6 million tokens in two months, driving the price and open interest in futures to a record $770.27 million. If it surpasses $29.50, it could rise […]
Bitcoin has long been a focal point of interest for investors due to its cyclical nature, transitioning between periods of bullish and bearish trends. As of now, Bitcoin is reportedly within a bull market phase, according to a CryptoQuant analyst known as datascope. This phase, termed the “Orange Zone,” indicates that upward momentum is prevailing, […]
Ripple’s legal chief criticized SEC Commissioner Caroline Crenshaw as “more rogue than Gensler,” accusing her of defying court rulings. SEC Commissioner Caroline Crenshaw Faces Growing Opposition From Crypto Industry Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Wednesday to comment on the renomination of U.S. Securities and Exchange Commission (SEC) […]
Trump’s new pick to chair the Securities and Exchange Commission is a win for the crypto industry, but the desired changes may be slow to come into play.
Billionaire Mike Novogratz says that institutions are here
New data blockchain explorer Blockchair reveals that a hacker took advantage of an exploit in Dogecoin’s (DOGE) blockchain, causing the majority of its nodes to crash. Earlier this week, a Dogecoin monitoring platform noticed that the number of DOGE nodes dipped from 647 to just 205, a decrease of about 69%. “Our monitoring made us […]
Top US cryptocurrency exchange Coinbase has yet again warned its users, announcing that it could delist stablecoins that have not complied with the Markets in Crypto-Asset Regulations (MiCA), including Tether’s USDT stablecoin. Coinbase’s warning comes as the enforcement deadline approaches for the most significant crypto regulations. According to information reportedly sent to users, Coinbase Europe, […]
Bitcoin’s cyclical nature has captivated investors for over a decade, and tools like the Realized Cap HODL Waves offer a window into the psychology of the market. As an adaptation of the traditional HODL waves, this indicator provides crucial insights by weighting age bands by the realized price—the cost basis of Bitcoin held in wallets […]
Have you ever wondered what sets the best crypto for exponential returns apart from the rest? Digital assets are reshaping the financial landscape, and new innovations and strategic partnerships are emerging daily. The crypto space is bustling with updates, from groundbreaking wallet features to major network collaborations. Stellar has been making waves with its latest […]
The Assad regime has fallen due to an offensive led by Hay'at Tahrir al-Sham (HTS). This blog discusses geopolitical effects, HTS, and its crypto …
Pudgy Penguins NFT collection has reached a floor price of US$100K (AU$157K), surpassing Bitcoin’s price and rising 194% in the last 30 days. The price surge is attributed to the upcoming launch of the official ecosystem token, $PENGU, on the Solana blockchain this month. Popular non-fungible token (NFT) collection, Pudgy Penguins, has achieved a floor […]
The Beam Foundation will launch Beam Ventures, a US$150M venture fund in Abu Dhabi, to support blockchain gaming projects. Beam Ventures will invest in blockchain infrastructure, GameFi, AI, augmented reality, and user-generated content startups, and offer an accelerator program. The Beam Foundation has revealed its intention to launch a new venture fund in Abu Dhabi, […]
Michael Sonnenshein former CEO of digital asset manager Grayscale Investments, has been appointed Chief Operating Officer (COO) of Securitize. Grayscale Executive Michael Sonnenshein Pivots to Asset Tokenization Ten-year Grayscale veteran Michael Sonnenshein who led the digital investment giant from 2021 to 2024 has now joined asset tokenization leader Securitize as its chief operating officer (COO), […]