BBVA Switzerland has entered into a collaboration agreement with the blockchain company Metaco to host its digital asset custody service on the Harmonize platform, marking a notable step in its crypto strategy. BBVA’s Strategic Partnership with Metaco The move emphasizes security standards and increased transactional agility. The partnership also lays the foundation for BBVA to […]

One of the largest banks in France is reportedly becoming the first traditional finance (TradFi) institution to issue its very own stablecoin. According to a new report by The Financial Times, French bank Societe Generale (SocGen) has launched its own Euro-pegged digital asset – dubbed the EUR ConVertible – on the Luxembourg-based crypto exchange platform […]

Through a meticulous dissection of the potential repercussions of quantum computing on cryptocurrency security, this article endeavors to …

JAN3, a leading Bitcoin technology company, has unveiled its latest venture, JAN3 Financial, aimed at onboarding nation-states and high net worth individuals to Bitcoin, according to a press release sent to Bitcoin Magazine. This move attempts to address the growing demand for acquiring and securing Bitcoin among nation states, public entities, corporations, and high-net-worth individuals. […]

Shiba Inu’s most recent price increase let everyone know that it is not giving up at all

Since October 2023, Solana (SOL), often called the Ethereum killer, has seen significant network and price action growth.  However, everything points out that the most notable growth in recent months has been in SOL’s price, which has surged over 368% year-to-date, taking the token from a low of $7.95 in 2022 to a now staggering […]

The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after being arrested and charged in Montenegro.

A closely followed crypto analyst says that Ethereum (ETH) rival Solana (SOL) is gearing up to continue its rally to the upside. Pseudonymous crypto strategist Altcoin Sherpa tells his 200,700 followers on the social media platform X that he believes the smart contract platform will go much higher in the future, however, he warns traders […]

A popular crypto analyst is laying out his timeline for Bitcoin (BTC) to surge to a new all-time high. In a new YouTube video, the anonymous host of InvestAnswers says $100,000 is an “easy, achievable target” for the king crypto during its next bull run. The InvestAnswers host says Bitcoin hitting $45,000 before Christmas is […]

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong gaming firm to invest $100M in crypto Boyaa Interactive International, a publicly-traded Hong Kong holding company specializing in online card and board games, wants to secure the approval of its shareholders to invest $100 million in crypto. According to […]

The Cirus Foundation, a Web3 initiative based on blockchain technology, has joined forces with Shift Markets, a prominent crypto exchange infrastructure provider. This will be inorder to spearhead the creation of non-custodial wallets seamlessly integrated with a global centralized exchange network. We’re excited to announce our partnership with @shiftmarkets! This development is a first of […]

Changpeng Zhao, the founder and former CEO of Binance, must stay in the United States until his sentencing is scheduled in February, a US federal judge ruled on Thursday. The decision overruled Zhao’s previous bail agreement that allowed him to visit his UAE residency but needed him to return to the US two weeks before […]

Venture capital firm Andreessen Horowitz (a16z) has revealed its top trends for 2024, with a strong focus on the potential of blockchain technology and artificial intelligence (AI). The firm believes that these technologies will play a crucial role in the future of the Internet, often referred to as Web 3.0. A16z predicts significant improvements in […]

The cryptocurrency market experienced a tumultuous day with drastic movements in the price of Bitcoin, leaving more than 65,600 traders in losses of a combined total of $150 million. This event was triggered by a sudden pullback followed by an unexpected recovery in the price of Bitcoin. According to data from CoinMarketCap, Bitcoin price initially […]

Cryptocurrency short sellers experienced a turbulent year in 2023, grappling with mark-to-market losses amounting to $6.05 billion. These losses were primarily driven by the remarkable performance of Bitcoin and other digital currencies since the beginning of the year. Crypto Prices Soar in 2023, Short Sellers Feel the Heat According to a report published on December […]

On November 20, the Securities and Exchange Commission (SEC) instituted a civil enforcement action against Kraken, a major U.S. cryptocurrency …

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Despite a few apparent setbacks, like the change of leadership at Binance, Bitcoin’s ongoing upward trend […]

A decentralized finance (DeFi) project built over smart contract platform Solana (SOL) is gearing up to kick off an airdrop as Coinbase announces support for it. In a new thread on the social media platform X, DeFi protocol Jito (JTO) says it will be launching its first ever airdrop on December 7th, saying that eligible […]

A massive surge in crypto exchange flows suggests institutions could be preparing for the potential approval of spot market Bitcoin (BTC) exchange-traded funds (ETFs), according to the market intelligence firm Glassnode. Glassnode notes in a new analysis report that the 30-day simple moving average (SMA) of Bitcoin flows in and out of exchanges grew from […]

XRP has been moving uncertainly for long period of time, but that trend might finally be over

A dormant Ethereum whale has resurfaced, moving their 39,260 ETH worth approximately $87.5 million. According to data from Lookonchain, this Ethereum whale with almost $90 million in ETH recently woke up and decided to move its mountain of digital assets to an exchange.  Although it is unclear the motive behind this transfer, it appears to […]

Bitcoin is lining up a never-before-seen bull signal that could print on the Bitcoin chart by the start of 2024.

The Financial Conduct Authority (FCA) in the United Kingdom has included Poloniex, a crypto exchange, in its list of non-authorized companies. The FCA’s warning, issued on December 6, emphasizes that unauthorized entities cannot promote financial services in the UK, and individuals may not have financial law protection when dealing with such entities. Poloniex’s $100 Million […]

Jito, the Solana-based DeFi platform, kicked off its hotly anticipated airdrop earlier Thursday, putting some $225 million worth of free tokens in the wallets of Solana users around the world. At the airdrop’s launch at 11:00 am EST Thursday, JTO debuted at a price of $6.01, according to CoinGecko—putting the 90 million tokens set to […]

TLDR XRP will soar past $0.7 in December and will reach $5 in 2024. Solana will reach $80 before the end of December and likely surpass its all-time high of $260 in 2024. NuggetRush is expected to see a 50% rise in value before launch and a 4,000% rise post-launch.   December has barely begun, […]

The cost of buying Bitcoin (BTC) is pushing record highs this week – and in a sense, so is the cost of moving it. On-chain data shows that the price for Bitcoin block space has touched a new all-time high in BTC terms – largely due to massive demand created by Ordinals transactions. Record Demand […]

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Tether (USDT) on Optimism! Funding USDT funding via Optimism is already live. You can transfer Tether (USDT) to your Kraken account by navigating to Funding, selecting USDT and choosing the desired deposit method (network) from the drop-down box: Optimism. Got USDT on Optimism? […]

A widely followed crypto analyst is suddenly turning bullish on Gala (GALA) and two other altcoins. Pseudonymous crypto trader The Flow Horse tells his 186,500 followers on the social media platform X that the native asset of the blockchain-based gaming platform Gala is in an uptrend. He says that key metrics like the cumulative volume […]

In a recent interview with CNBC on December 6, 2023, Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, shared his perspectives on current trends and future opportunities for Bitcoin and the overall cryptocurrency market. Hougan highlighted the recent surge in BTC prices, currently trading at $43,277, noting its resemblance to the rise in […]

The path toward approval of Bitcoin exchange-traded funds (ETFs) in the United States appears to be moving forward significantly. After years of rejections by the Securities and Exchange Commission (SEC) due to concerns about investor protection and potential market manipulation, there have been detailed discussions between the SEC and several major asset managers, such as […]

WOODBRIDGE, CT (WFSB) …

In a move aimed at democratizing access to self-custody for Bitcoin, Block, Inc. (NYSE: SQ), led by CEO Jack Dorsey, has finally launched the pre-order for its new self-custody wallet, Bitkey, according to a press release sent to Bitcoin Magazine. This new Bitcoin wallet seeks to redefine ownership and security for BTC holders worldwide. Launching […]