Bitcoin hopefuls eagerly await the approval of a BTC ETF—but it looks like they’re going to have to wait a little longer. The price of Bitcoin last week passed $37,000—touching an 18-month high—when news dropped that the U.S. Securities and Exchange Commission had an eight-day window to approve all spot crypto exchange-traded product applications. Investors […]

In a Thursday night forum post, popular gaming communications platform Discord said it is sunsetting its Clyde AI chatbot in two weeks. Discord did not say why Clyde was being phased out, but said the chatbot was only in beta for a small number of servers. “Clyde will be deactivated at the end of the […]

A widely followed analyst and trader says that a top-50 crypto asset by market cap possesses more upside potential. The analyst pseudonymously known as Credible Crypto tells his 352,200 followers on the X social media platform that the proof-of-work cryptocurrency Kaspa (KAS) has a “long way to go” upwards even after rallying by around 50% […]

The head of research for a leading digital assets manager says one catalyst could cause Bitcoin (BTC) to soar to more than $265,000. In a new blog post, CoinShares head of research James Butterfill shares his calculations of a potential price impact if a spot BTC exchange-traded fund (ETF) is approved by the U.S. Securities […]

Bitcoin has received bullish prediction from one of most influential personas out there

In a recently published report by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price.  The report addresses the critical question of how much inflow into ETFs could be anticipated upon launching a Bitcoin spot ETF in the US and the potential impact […]

Tether, the stablecoin issuing company, has announced plans to allocate approximately $500 million for a strategic expansion into Bitcoin mining over the next six months. This strategy marks a significant departure from its primary activity, which is the management of USDT. Tether’s investment plan includes the construction of new mining facilities and the acquisition of […]

Just days after BlackRock filed for the iShares Ethereum Trust, asset management firm Fidelity has submitted an application for its own Ethereum exchange-traded fund (ETF).

Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that he created has rebranded as Avara. Rebranding to Reflect New Priorities According to Kulechov, the name change reflects Avara’s new mission to go beyond DeFi by bringing Web3 to “all users globally with different kinds […]

If you own cryptocurrency for more than one year, you qualify for long-term capital gains tax rates of 0%, 15% or 20%. In 2023, single filers can …

The second-largest economy in the world has been steadily unloading hundreds of billions of dollars worth of US government-backed securities for more than a decade. New numbers from the U.S. Treasury Department show China’s holdings of Treasury securities have reached a low not witnessed in over 14 years. China was in the process of gradually […]

A popular crypto analyst is predicting that one Ethereum (ETH) competitor is on the verge of a massive collapse. Pseudonymous trader Altcoin Sherpa tells his 197,900 followers on the social media platform X that Avalanche (AVAX) could decline by more than 22% from its current value. “AVAX: really key level for this one in my […]

Following the announcement of Sam Altman’s departure from OpenAI, the WLD token associated with the iris-scanning biometric project Worldcoin, also founded by Altman, dropped 14%, according to CoinGecko. Altman was ousted from his position as CEO of OpenAI following a review by the board, which cited a lack of candid communication affecting the board’s responsibilities. […]

America’s biggest cryptocurrency exchange Coinbase has been again chosen by one of the contenders in the spot Bitcoin ETF race. New York asset manager WisdomTree submitted a revised version of its application to the Securities and Exchange Commission for a spot Bitcoin exchange-traded fund yesterday. In it, the firm, which has nearly $97 billion in […]

WisdomTree has filed an amendment for its Bitcoin ETF application, joining other financial institutions

This year’s cryptocurrency “Uptober” did not disappoint and benefitted the largest cryptocurrencies and centralized exchanges. Bitcoin’s (BTC) nearly 30% increase drove retail trader activity, impacting a significant growth in spot volumes among the TOP 10 exchanges. On average, volumes grew 54% in October compared to September. According to data collected by Finance Magnates Intelligencer, the […]

Cardano may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back downwards. This positive trend has been preserved […]

In a recent senate hearing, a cybersecurity professional openly endorsed United States Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act.

New data reveals that crypto whales are suddenly moving hundreds of millions of dollars worth of Bitcoin (BTC), Solana (SOL), Dogecoin (DOGE) and XRP. According to whale-surveying platform Whale Alert, deep-pocketed investors are moving $880 million worth of digital assets to and from prominent crypto exchange platforms, the majority of which involve the top crypto […]

Federal law enforcement authorities have arrested three men accused of scamming millions from US banks and financial institutions and then moving the stolen money into foreign cryptocurrency exchanges. The U.S. Department of Justice (DOJ) says Zhong Shi Gao, Naifeng Xu and Fei Jiang recruited individuals, often foreign nationals from China and Taiwan temporarily living in […]

Coinbase, a prominent cryptocurrency exchange, has introduced a major update to its Coinbase Commerce product. This enhancement, based on the newly introduced open-source Chain Payments Protocol, aims to revolutionize on-chain payments, simplifying and standardizing the process for both merchants and customers. The main objective of this update is to streamline payments, make them cheaper and […]

On Friday, the market faced a bearish correction affecting all players, both large and small, in the crypto world, experiencing value losses and drops in volume. The market capitalization suffered a 2.36% decline and now stands at approximately $1.38 trillion. Meanwhile, the volume over the last 24 hours saw a reduction of over 11%, amounting […]

[PRESS RELEASE – New York, United States, November 17th, 2023] Membrane Labs Inc., a leading institutional-grade digital asset settlement and workflow management platform, today announced the successful completion of its first derivatives settlement with prominent trading firms QCP and Wakem Capital. The transaction seamlessly moved margin in fiat, showcasing the platform’s ability to facilitate the […]

Middleton, WI – Phil Anderson, Libertarian candidate for the United States Senate in Wisconsin, is again receiving donations of cryptocurrency. “I …

Shiba Inu’s price ascent brings it closer to gigantic 627 trillion SHIB barrier

In the dynamic realm of cryptocurrency, the absence of a unified regulatory framework among nations has become a defining challenge, giving rise to concerns about a potential Cryptosplinternet. We delve into the intricacies of this issue to shed light on how the lack of harmonized regulations might lead to a fragmented crypto landscape. Cryptosplinternet: A […]

It’s now been six years that one of the largest financial players in payments has been supporting Bitcoin. Indeed, November 14, 2017, marks the date that Jack Dorsey‘s Square, now rebranded as Block, began letting customers buy and sell Bitcoin. The move came at a time when Bitcoin’s price was surging in the wake of […]

Bill Morgan, an XRP advocate, has recently expressed skepticism regarding the lofty price targets for XRP circulating on social media. While the digital asset community is often rife with bullish predictions, Morgan’s realistic outlook presents a grounded perspective on the potential of XRP’s value. The Parabolic Price Move: A Myth Or Reality? Since the significant […]

The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets.

A widely followed crypto trader is taking a look at king crypto Bitcoin (BTC) while diving into two top altcoin projects. Crypto analyst Rekt Capital tells their 368,900 followers on the social media platform X that history repeating itself could have two very different outcomes for BTC over the coming months. “If 2016 history repeats – […]

The majority of institutional investors believe crypto prices will go up in the next year, according to a new survey commissioned by Coinbase. The top US crypto exchange commissioned the business-to-business firm Institutional Investor to conduct the survey, which polled a “representative sample” of 250 institutional investors. Of the investors surveyed, 57% of them believe […]

Financial services giant Fidelity Investments is seeking regulatory approval to launch an exchange-traded fund (ETF) that would hold the Ethereum cryptocurrency, according to a Thursday filing with the Securities and Exchange Commission. The proposed Fidelity Ethereum Fund would track the price of ether, the native token of the Ethereum blockchain network. The ETF’s shares would […]