Bitwise has once again tabled its proposal for a Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC) after addressing some feedback from the regulatory body
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. When I started out as an entrepreneur, I never thought armed men would one day barricade themselves in my office or that my staff would resign because they feared for […]
Bitcoin (BTC), the pioneering digital currency that has recently seen a notable surge recording 51% in global crypto market capitalization dominance, has now received a fresh analysis from CryptoCon, a seasoned crypto technical analyst hinting at a potential surge in the asset’s price. This projection, shared in a recent post on X (formerly known as […]
The legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) over the status of XRP, the third-largest cryptocurrency by market capitalization, is likely to drag on for a long time, according to a lawyer who has been closely following the case. John Deaton, a pro-Ripple lawyer who represents over 20,000 XRP […]
During the third quarter of 2023, proof-of-stake (PoS) networks have experienced a significant increase in the number of tokens being staked, according to the latest “State of Staking” report published by Staked at Kraken. This increase reflects the growing confidence of investors in PoS networks and their commitment to their security. One of the main […]
Binance has been revealed as the force behind the newly established cryptocurrency trading platform in Hong Kong, HKVAEX. Sources familiar with the matter have disclosed that Binance orchestrated the creation of HKVAEX and its intent to apply for a license in the city. The Resource Sharing between HKVAEX and Binance HKVAEX, established in December 2022 […]
Cryptocurrency has become a global phenomenon and its value has been subject to extreme volatility. As a result, predicting cryptocurrency prices …
BitMEX co-founder Arthur Hayes says one catalyst will push Bitcoin (BTC) and crypto into a “full swing” bull market – and it’s not the approval of a spot BTC exchange-traded fund (ETF). In a new blog post, Hayes expresses his opinion that United States President Joe Biden is committing the US to another open-ended conflict […]
Crypto financial services firm Galaxy Digital is bullish on Bitcoin (BTC) if and when the U.S. Securities and Exchange Commission (SEC) approves a spot BTC exchange-traded fund (ETF). According to Galaxy Digital’s research associate Charles Yu, the “approval for a US-regulated spot Bitcoin ETF will be one of the most impactful catalysts for the adoption […]
Japan, once having a ban on stablecoins, now pioneers their regulation. Binance collaborates with local banks, including one affiliated with Ripple, on a local stablecoin initiative. The upcoming World Expo 2025 in Japan promises further crypto-centric advancements. While stablecoins have been virtually banned in Japan until recently, the country has now taken a leadership role […]
MoonPay has announced a partnership with Mastercard, targeting Web3-based experiential marketing or new ways to connect with Mastercard’s consumers.
TL;DR Robinhood introduces cryptocurrency services in Nevada, covering major digital assets including Bitcoin, Ether, Dogecoin, and Shiba Inu. Dogecoin and Shiba Inu’s prices slightly retrace post-announcement, despite Robinhood’s significant SHIB holdings worth around $250 million. SHIB’s future valuation might be influenced by mass adoption and the development of Shibarium, aiming for faster, cheaper transactions. The […]
Has price of Solana (SOL) reached overbought zone yet?
FinCEN’s Proposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering Concern would criminalize Bitcoin privacy tools under the suspicion of money laundering. The proposal cites Section 311 of the USA PATRIOT Act, which enables the bulk collection of data by intelligence agencies. If FinCEN has its […]
Loopring, the layer-2 decentralized exchange (DEX) for Ethereum that uses zk-Rollups, is going multi-network, subsequently expanding its core pillars to four, following a recent update. In a Medium post on October 24, the platform said as part of this change in approach, they will be expanding the functionality of their Loopring Dapp. Loopring Going Multi-Network: […]
Crypto trader Ali Martinez says the second-largest memecoin by market cap could rally based on the readings of one indicator. Martinez tells his 31,600 followers on the social media platform X that the Tom Demark (TD) Sequential indicator is signaling a potential long opportunity for Shiba Inu (SHIB) on the weekly chart. The TD Sequential […]
Ripple, a blockchain and crypto solutions, has embarked on a new partnership with Uphold, the global Web3 financial platform. This collaboration aims to empower Ripple with enhanced crypto liquidity capabilities, bolstering its cross-border payments infrastructure. Ripple’s Flagship Payments Products for Global Businesses Ripple is known for its flagship payments products, which helps global business performance […]
The California-based cryptocurrency trading platform, Robinhood, has announced that it will now serve customers in Nevada.
Bitcoin Exchange-Traded Funds (ETF) are generating a lot of expectation in the financial market, and Galaxy Digital predicts that these ETFs could attract at least $14.4 trillion in investments during their first year of issuance. The adoption of Bitcoin as a conventional investment is the future that many envision. Compared to currently available products, such […]
John Deaton says there has not been “a single serious conversation” about a potential settlement between Ripple, Brad Garlinghouse, Chris Larsen and the SEC.
Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to a nonprofit AI safety organization — the Center for AI Safety (CAIS). In an Oct. 25 bankruptcy court filing, the lawyers helming FTX claimed the firm gave $6.5 million to CAIS between May and September […]
Veteran trader Peter Brandt has posted about the current Bitcoin market and where in the cycle he believes we are. While he said nobody can accurately predict the markets, he shared three main themes he has identified for himself. Brandt points to Renko charts as his go-to charts with very few fake out moves. Amid […]
Blockchain analysis firm Chainalysis is unveiling the 2023 Global Crypto Adoption Index in a new report. According to Chainlysis, the United States ranks fourth globally with regard to crypto adoption, behind India, Nigeria and Vietnam. The United States and Canada are the only countries from North America in the top 20. Canada is ranked 19th […]
Are Hamas terrorists really raising tens of millions of dollars using crypto? Blockchain surveillance experts at Elliptic say the truth is a bit more nuanced. The firm released a blog post on Wednesday dissecting prior claims from the Wall Street Journal about crypto being a major source of financing for the organization, which were later […]
Solana continues to outperform rest of cryptocurrency market
In the face of ongoing challenges to our cherished freedoms, it is imperative to critically examine the forces at play that threaten the very fabric of democracy. The ideals of freedom and open markets are at risk of being undermined by influential political forces seeking to impose oppressive order and control in the name of […]
After experiencing a brief correction from its new yearly high of $35,300, Bitcoin (BTC), the leading cryptocurrency in the market, is showing signs of renewed bullish momentum. As the digital asset approaches the $35,000 mark again, a key indicator is following patterns observed in 2020, suggesting a potential surge that could propel Bitcoin to reclaim […]
Sam Bankman-Fried (SBF), the indicted founder of the cryptocurrency exchange FTX, will testify in his defense. This move, announced by his attorney during a recent conference call, paves the way for a potentially intense cross-examination by federal prosecutors who aim to scrutinize his role in the collapse of the crypto exchange. According to a report […]
… cryptocurrency mixing services. Under this rule, issued on October 19, 2023, FinCEN would exercise its authority under the seldom-used Section 311 …
Bitcoin remains on track to deliver “possible” further gains of up to 30% versus current BTC price levels, says CryptoCon.
Sam Bankman-Fried, the former CEO of the crypto exchange FTX, is expected to testify in his own defense on Thursday in a federal fraud trial in New York. Bankman-Fried is accused of misusing billions of dollars of customer funds to make risky and unauthorized investments, leading to the bankruptcy of FTX last year. Bankman-Fried’s lawyer, […]
A widely followed crypto analyst is predicting an unprecedented bullish move by Bitcoin (BTC) based on two key indicators. Pseudonymous analyst TechDev tells his 419,400 followers on the social media platform X that the total market capitalization of digital assets appears ready for a huge breakout. “The monthly crypto market cap is at its highest […]