Imagine predicting Bitcoin’s death on a website that no longer exists. That’s what blogger Sean Lynch did 13 years ago today, when he wrote what 99 Bitcoins now classifies as the world’s first “Bitcoin obituary,” a news article that predicted the cryptocurrency’s death or demise. The post, titled “Why Bitcoin can’t be a currency,” argued […]
Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”
A top crypto analytics firm says that deep-pocketed whales are stacking an Ethereum (ETH)-based token that’s surged over the past three months. According to Santiment, traders who own 1,000 to 100,000 tokens of the decentralized oracle protocol Tellor (TRB) now own 46% of the asset’s total supply, up from just 31% seven weeks ago. Affluent […]
Crypto trader Ali Martinez says that the largest memecoin by market cap could surge after overcoming a key resistance level. Martinez tells his 32,300 followers on the X social media platform that if Dogecoin (DOGE) manages to climb above the $0.076 resistance level, the leading memecoin could surge by around 13% from the current level. […]
Ethereum (ETH) price reached $1,950 on Thursday as the bulls forced another leg-up toward the $2,000 resistance. On-chain analysis uncovers the major drivers behind ETH’s recent price jump. Ethereum holders’ on-chain activity this week suggests that most investors are targeting much larger gains. Will ETH break toward $3,000 or enter a bearish reversal? Ethereum Investors […]
The National Securities Market Commission (CNMV) of Spain has initiated sanctioning proceedings against Miolos S.L, marking the first case of violating crypto promotion rules in the country. The action stems from two “massive” advertisement campaigns run by Miolos in September and November 2022, raising concerns over non-compliance with cryptocurrency regulations. Miolos Faces Allegations of Non-Compliance […]
GenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to issue certificates such AMCs (Actively Management Certificates). […]
Solana opened this month on high momentum, consistently posting notable gains over the past few days. SOL scored a weekly high of $45.36 on November 1 before receding. But after a brief decline to the $40 price level, the bulls have regained momentum, intent on pushing closer to $50 this time. But it remains to […]
According to a Bloomberg report on November 7, Circle, the issuer of the stablecoin, is reportedly in discussions with its advisers about a potential public listing. However, it’s important to note that these discussions may not necessarily lead to a public listing. Previously, in July 2021, Circle had planned to go public through a $4.5 […]
… fines, and even revoke licenses of companies that fail to make progress or fulfill agreements made in relation to cryptocurrency mining and trade.
British financial giant – HSBC – has announced plans to roll out a new digital assets custody service for institutional clients who invest in tokenized securities. HSBC, one of the world’s largest global custodians covering more than 90 markets, has partnered with Ripple-owned Metaco, which is an institutional digital asset custody, trading, and DeFi firm […]
Shiba Inu’s price-volume divergence is not good sign, but things may change quickly
I have written quite a bit about my concerns regarding drivechains and miner incentives over the years, because I think it is a very important set of risks to be aware of. Bitcoin is almost 15 years old as a live network at this point, and it has stood up to a good bit of […]
The Bored Ape Yacht Club’s official Twitter account said an investigation confirmed suspicions that UV lights were the likely cause of the reported eye and skin issues suffered by some attendees.
November 8, 2023 – Victoria, Seychelles Bitget – a leading cryptocurrency exchange and Web 3.0 company – has formed an educational partnership with the University College London’s (UCL) Blockchain Society and FinTech Society. The partnership will give students an in-depth understanding of blockchain technology and trading through Bitget Academy‘s comprehensive resources. Built upon Bitget’s Blockchain4Youth […]
A closely followed crypto strategist believes that two altcoins may be gearing up for breakouts as digital asset markets continue to show strength. Pseudonymous analyst Rekt Capital tells his 366,100 followers on the social media platform X that Ethereum (ETH) competitor Polkadot (DOT) is potentially in the midst of confirming a bullish reversal. “DOT/USDT: now […]
Bitcoin ATM providers Athena and Genesis Coin today announced that they were installing the technology on 100 machines across the tiny Central American country by the end of next month. The remaining machines will then have the technology installed in the first quarter of 2024. The Lightning Network—or Lightning—is a second-layer solution which goes on […]
The European Union’s banking watchdog has introduced rules for the regulation of cryptocurrency and stablecoin markets. The European Banking Authority (EBA) has proposed minimum capital and liquidity requirements for issuers of stablecoins and other digitized tokens. The EBA’s proposal, published today (Wednesday), is designed to ensure that issuers of stablecoins backed by currencies have sufficient […]
Gemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions. The Gemini eOTC solution offers a variety of advantages to institutional traders including: Competitive Pricing & Execution: Liquidity is sourced from top-tier liquidity providers with deep liquidity pools, enabling counterparties […]
Crypto analyst and enthusiast Will Taylor, known as Cryptoinsightuk on social media, recently released his latest XRP price prediction and analysis. XRP’s price recently reached $0.73 for the first time since June, fueled by whales increasing their spot trading activity amidst a consolidation from the entire crypto market. This rally briefly pushed XRP to the […]
Cryptocurrency, such as Bitcoin or Ethereum, is simply a digital or virtual currency that uses cryptography for security. Its value springs from the …
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated.
The Commodity Futures Trading Commission (CFTC) says that 2023 has seen a record number of complaints about crypto assets, which were the topic of nearly half of its enforcement actions. In a new press release, the regulatory agency says that fiscal year 2023 has seen a record number of digital asset cases, ultimately culminating in […]
Binance, the world’s leading cryptocurrency exchange, has introduced its Web3 Wallet, a self-custodial cryptocurrency wallet designed to make Web3 more accessible to millions of users. The announcement took place during Binance Blockchain Week in Istanbul, underscoring the company’s commitment to simplifying the Web3 experience. Seamlessly integrated into the Binance mobile app, the Web3 Wallet allows […]
TL;DR Bitcoin’s price surged to $36,700, likely driven by the anticipation of the SEC’s decision on Bitcoin ETFs and a bullish cryptocurrency market trend. The SEC has a six-day decision period starting today for the approval of several Bitcoin ETF applications. High-profile predictions suggest Bitcoin’s price could soar to between $200K and $350K, influenced by […]
New collaboration will help io.net to expand its Decentralized Physical Infrastructure Network (DePIN) with AI tools
BTC Inc., through its Ordinals-focused division Rare BTC, has brokered the sale of inscription number 76 for 1.7 BTC, which is equivalent to approximately $61,000 at the time of sale. The sale is indicative of the active interest and perceived value in the Ordinals space, with Rare BTC positioning itself as a key player in […]
The Berlin-based fintech company Nuri has made a comeback in the cryptocurrency space after filing for insolvency in August and returning customer funds. The relaunch focuses on its core business of buying and selling cryptocurrencies, particularly Bitcoin. Bitwala and Striga Partnership Bitwala, a cryptocurrency service under Nuri, is now operating in 29 countries within the […]
Eventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is one of the largest cryptocurrency options exchanges by volume and open interest, with approximately 90% […]
Shiba Inu has seen its burn rate basically flatlined in the last after recording one of its highest jumps in history. The 99% decline in the SHIB burn rate raises concerns over the involvement of the community and whether burning SHIB tokens has lost its appeal. SHIB Burn Rate Declines 99.35% Shibburn data on Wednesday, […]
Unlock the complexities of cryptocurrency taxation and learn how crypto losses impact your tax liability in the United States, United Kingdom and Canada.
The association behind Aragon (ANT), a decentralized governance platform on the Ethereum (ETH) blockchain, is dissolving. The Aragon Association (AA) says in a new announcement that it will deploy 86,343 ETH worth about $163 million to offer Ethereum redemptions for ANT holders. According to the statement, holders of the governance token may redeem their coins […]