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 […]

HSBC is reportedly planning the launch of a new platform that will allow institutional clients to hold blockchain-based tokens representing non-crypto assets. The banking giant has partnered with Swiss digital asset firm Metaco to provide clients with the ability to store traditional assets – not crypto or stablecoins – on a blockchain platform, according to […]

Sen. Ted Budd (R-NC) has introduced his Keep Your Coins Act in the Senate, a bill designed to ensure individuals’ rights to self-custody their crypto assets without mandatory reliance on intermediaries. This legislation comes at a critical juncture for the cryptocurrency industry, particularly in the aftermath of last year’s FTX exchange collapse. Since the crypto […]

Ronin may be best known as the Ethereum sidechain network behind Axie Infinity, the play-to-earn monster-battling game that flung NFT gaming into the spotlight back in 2021. But now Ronin is drawing attention for other games—and network activity is surging following last week’s launch of a game called Pixels. The number of active wallet addresses […]

Enter WagieBot, a state-of-the-art trading bot designed to help cryptocurrency enthusiasts and traders take control of their trading experience …

[PRESS RELEASE – Saint Vincent, The Grenadines, November 8th, 2023] RocketX announces the integration of MicroVision Chain ($SPACE) into its platform, making it interoperable with over 100+ leading blockchains. This step enables users to transfer assets across various networks easily, aiming to streamline the DeFi experience on the MicroVision Chain. With this integration, users benefit […]

Bitcoin experienced a sudden surge, adding nearly $1,000 to its price in mere minutes

Does Bitcoin need any sidechains for its future? The DeFi community nowadays is split between “yes” and “no” as an answer to this question after the resurgence of a six-year-old proposal. Since the controversy around sidechains involves advanced crypto language, let’s cover the basics first and then take a deeper look into the pros and […]

Robinhood, the popular trading platform, has announced its plans to expand its crypto trading services into Europe and the U.K. in the coming weeks. The company also said it will launch its brokerage operations in the U.K. soon, with an experienced team in place. The move comes as Robinhood reported a 55% drop in its […]

HSBC, one of the global banking giants, has revealed its plans to launch a digital asset custody platform focused on tokenized securities for its institutional clients. The banking institution has established a strategic partnership with the technology firm Metaco, owned by Ripple, to carry out this ambitious project. Metaco is renowned for its expertise in […]

The Polygon CDK will soon include a “zkWASM” prover, allowing Web Assembly networks to integrate with the broader Polygon ecosystem.

The ninth-largest cryptocurrency by market cap is leading in terms of blockchain development activity, according to analytics platform Santiment. Santiment says that over a 30-day period, Cardano (ADA) is the top blockchain in terms of development activity with 502.57 GitHub commits over a 30-day period. Smart contract blockchain Polkadot (DOT) and its canary test network […]

The former president of the New York Stock Exchange (NYSE) is reportedly attempting to relaunch bankrupt crypto exchange platform FTX. According to a new report by The Wall Street Journal, a company run by former NYSE president Tom Farley is joining an auction and placing bids to purchase the remnants of collapsed digital assets exchange […]

In the rapidly shifting landscape of modern finance, one technology has the potential to reshape the very essence of banking. Blockchain technology, with its decentralized architecture, is taking center stage, and it’s time for banks to recognize the urgency of the situation. Blockchain’s Banking Revolution But how exactly is blockchain poised to revolutionize the world […]

Blocknative, a real-time Ethereum (ETH) infrastructure platform, has newly introduced features including transaction bundle send, cancellation, and replacement support for the Blocknative Builder. Searchers can now submit MEV bundles privately to the Blocknative Builder to be included on-chain. This market utility builds upon Blocknative’s reliable, real-time infrastructure that is systematically important to the Ethereum ecosystem. […]

Amid fluctuating markets and economic uncertainty, Bitcoin long-term investors hold their coins tighter than ever. Data from blockchain analysis firm Glassnode reveals a notable trend: a significant portion of Bitcoin’s circulating supply is firmly in the hands of long-term holders, with figures reaching record heights. Notably, the trend of Bitcoin being tightly held is not […]

One of the major advantages of cryptocurrency is the low entry barrier. Anybody (including teenagers) can become crypto millionaires just by …

The United States Securities and Exchange Commission (SEC) has initiated discussions with Grayscale Investments. Reportedly, they are discussing whether to convert Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF (exchange-traded fund). This move, which follows Grayscale’s recent court victory over the SEC, could significantly impact the crypto market. Indeed, it could ease the way […]

The United States District Court is actively seeking the immediate detention of Braden John Karony, CEO of SafeMoon, amidst serious allegations of fraudulent schemes and financial crimes. In a letter to Judge Eric R. Komitee of the Eastern District of New York, the government outlined the charges against Karony. These include securities fraud, wire fraud, […]

It’s official. Nayib Bukele will be running for another term as El Salvador’s President next year. The popular reformer, anti-violence crusader, and Bitcoin advocate needed an election tribunal’s go-ahead to run again. Tribunal Greenlights Bukele Reelection Bid Under El Salvador’s constitution, a President is limited to a 5-year term. Moreover, consecutive terms are also banned […]

Analyst predicts a tsunami of spot Bitcoin ETF approvals in the U.S. by January 2024

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. Stan Marsh, age 10, is standing in line at the bank. He’s just received $100 from his grandma and despite wanting to spend it, his dad has brought him to […]

“The next step for the crypto market depends on a refresh of the Bitcoin network,” wrote founder Wang Feng.

Bankrupt crypto exchange FTX is asking a judge for permission to sell off $744 million worth of assets. A new bankruptcy court filing shows that FTX and its debtors want permission to sell the company’s Grayscale and Bitwise assets through an investment adviser. According to the filing, “Similar to the debtors’ prior request to monetize […]

November 7, 2023 – Alpharetta, United States Broker Complaint Alert (BCA) celebrates three remarkable years of helping victims of crypto scams recover their lost crypto. Jenny Brown, head of the recovery technical team at BCA, said, “Just like there’s a possibility and time for loss, there’s always time for recovery.” BCA celebrates three years of […]

Binance, the world’s largest cryptocurrency exchange, has announced that it will list the Ordinals (ORDI) token. The listing is set to open trading for ORDI/BTC, ORDI/USDT, and ORDI/TRY spot pairs at 10:00 UTC on November 7 #Binance will list Ordinals $ORDI with Seed Tag applied. https://t.co/CjMKeZpF92 pic.twitter.com/9pUEuNQ7ft — Binance (@binance) November 7, 2023 Following the […]

In the ever-evolving world of cryptocurrency, Binance has taken a significant step by introducing a Web3 wallet designed to interact with the decentralized finance (DeFi) ecosystem. This announcement was made during the Binance Blockchain Week conference in Istanbul and marks a remarkable shift towards more secure and user-friendly solutions in the crypto space. Web3 wallets […]

Japan-based banking giant Nomura, announced today that its digital assets subsidiary, Laser Digital, has made a strategic investment in Infinity, a non-custodial interest rate protocol built on Ethereum. Infinity’s wholesale exchange, the first of several planned infrastructures, provides inter-exchange clearing, fixed and floating rate markets, as well as enterprise-grade risk management utilizing hybrid on-chain/off-chain infrastructures […]

Ethereum price is still struggling to clear the $1,920 resistance against the US dollar. ETH is moving lower but downsides might be limited below $1,850. Ethereum is still struggling to clear the $1,920 level. The price is trading above $1,860 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend […]

Yuzo Kano, CEO at bitFlyer Holdings, discusses the company's business strategy and outlook for the cryptocurrency markets.