Despite historically low returns in September, Bitcoin (BTC) ended the past month exceptionally well. Unfortunately, the same cannot be said for major centralized cryptocurrency exchanges whose spot trading volumes have declined for another consecutive month. According to data gathered by Finance Magnates Intelligence, the total turnover for the TOP 10 exchanges shrank by nearly $90 […]
r/CryptoCurrency Moons receives a high risk rating from InvestorsObserver analysis. The proprietary scoring syst.
Today, THNDR has unveiled its latest innovation, Clinch — an API designed to enable instantaneous, borderless, low-fee, peer-to-peer wagering using the Bitcoin Lightning Network, according to a press release sent to Bitcoin Magazine. Recognizing the pain points of traditional competitive gaming platforms, such as high buy-ins, slow payouts, and regional restrictions, Clinch aims to redefine the […]
Bitcoin price lost support yesterday at around $27,000 and is now below a critical level that the last two times it was lost, resulted in a 50% or more decline. Will this signal returning once again forecast sudden doom and cause crypto prices to rain down another 50% lower? Bitcoin Forecast Is Suddenly Cloudy The […]
Ark Invest just disclosed more in its Spot Bitcoin ETF filing
One of the largest banks in the world reportedly believes that the smart contract platform Ethereum (ETH) could soar by more than 2,100%. According to a new CNBC article, the UK-based bank Standard Chartered is predicting that Ethereum will eventually increase to as high as $35,000 after hitting $8,000 in about three years. Geoff Kendrick, […]
Summary UK financial regulator introduced sweeping new laws and announced strict enforcement. The regulations require companies advertising crypto assets to be FCA authorised or have their promotions approved. Many in the industry have stated the notice period was too short, some have left the UK. The Financial Conduct Authority (FCA), the United Kingdom’s financial market […]
Ark Invest, a prominent investment management firm led by Cathie Wood, has made notable adjustments to its proposal for a spot Bitcoin ETF in response to comments and queries from the U.S. Securities and Exchange Commission (SEC). These changes come after the SEC had previously raised concerns, and they mark a significant step towards the […]
The crypto landscape has evolved significantly since the inception of Bitcoin (BTC). And market observers suggest Bitcoin Spark (BTCS), Avalanche (AVAX), Stellar (XLM), and Monero (XMR) are redefining crypto standards. Avalanche Avalanche is a blockchain platform that seeks to tackle the blockchain trilemma of scalability, security, and decentralization with its unique Proof of Stake (PoS) […]
The former Alameda Research CEO placed part of the blame for FTX’s failure on CZ, while the Binance CEO claimed Ellison’s offer to buy the firm’s FTT holdings was the cause.
Smart contracts have emerged as a game-changing concept with the potential to transform a variety of sectors. When certain criteria are satisfied, these self-executing contracts automatically enforce established rules, removing the need for middlemen and manual involvement. Banking and finance The finance and banking industries have been at the forefront of using smart contracts to […]
As the cryptocurrency landscape has seen remarkable growth and innovation over the past decade, Crypto VIP recognizes the need for accessible and …
Fourteen years ago today, on October 12, 2009, a historic moment unfolded in the world of Bitcoin as Bitcoin saw its first-ever trade for U.S. dollars. This pivotal event, orchestrated by Martti “Sirius” Malmi, a developer who worked with Bitcoin’s pseudonymous creator Satoshi Nakamoto on some of its earliest software versions, marked the birth of […]
The XRP price continues to trade sideways on low timeframes as the crypto market faces a spike in selling pressure. While major cryptocurrencies will likely bleed into critical support, one analyst believes there is hope for the XRP Ledger native token. As of this writing, the XRP price trades below the critical psychological level of […]
One of the co-creators of popular meme asset Dogecoin (DOGE) is calling out the DOGE community for its lack of productivity. In a new thread on the social media platform X, Billy Markus, also known as Shibetoshi Nakamoto, says that the DOGE community doesn’t “do anything productive at all” but also adds that developing for […]
Philippine-based crypto exchange Coins.ph says it is teaming up with fintech firm Circle to enable its 18 million Filipino users to enjoy better remittance services. In a statement, Coins.ph says stablecoin-denominated remittances enable fast, cheap and secure international money transfers. Circle is the company behind USDC, the second-largest stablecoin by market that aims to keep […]
In a recent CNBC interview, Stuart Alderoty, Ripple’s top lawyer, stressed the cryptocurrency’s distinct status in the U.S., emphasizing its unique classification as a non-security following a court ruling
Summary Caroline Ellison, SBF’s former lover, prepared seven balance sheets to mislead investors. SBF, Ellison and Wang allegedly plotted to manipulate the price of Bitcoin to keep it under $20k. SBF reportedly offered Chinese officials over $100m in bribes to unfreeze FTX assets. The Sam Bankman-Fried trial is the hottest news in crypto, and the […]
Summary Jim Cramer has once again voiced his dislike for digital assets. His comments come after Paul Tudor Jones said he would increase his holdings in gold and Bitcoin. Inverse Cramer” has become a popular meme, but its accuracy is inconsistent. Jim Cramer has taken another swipe at Bitcoin (BTC). Speaking on CNBC’s ‘Squawk on […]
ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg’s ETF analysts.
Lido Finance has revealed a total of 20 slashing events caused by configurator issues from validators operated by Launchnodes. The platform highlighted that the incident took place not too long ago and rendered all of Launchnodes’ validators offline. These slashings have come to a halt and the main cause of the incident is currently being […]
TL;DR Despite SHIB’s market drop, whales bought billions of tokens, with one transaction totaling $31 million. Predictions hint at SHIB nearing its price bottom, with the potential to reach an 8-month high soon. Recent Shibarium advancements and Shiba Inu’s token burn are highlighted as positive indicators for the coin’s future. Whales Seem Undeterred Despite SHIB’s […]
Caroline Ellison, Alameda’s former Chief Executive Officer, is expected to take the stand today (Thursday) to testify against Sam Bankman-Fried (SBF) for the third day. Her previous testimony revealed instances of deceit and fraud at FTX before the exchange collapsed. As the courtroom witnessed the proceedings, Ellison recounted the ups and downs during the final […]
Ethereum, the brainchild of Vitalik Buterin, has evolved from a determined second-place player into a formidable contender for the cryptocurrency …
In the heart of Sacramento, a quiet drama unfolds. As California’s legislative session concludes, two pivotal crypto regulatory bills, AB 39 and SB 401, stand on the cusp of becoming state law. These developments carry profound implications for the bitcoin and broader crypto industry, transcending California’s borders to influence future regulatory paths across other states […]
On-chain data shows Bitcoin has failed in its latest retest of a historically significant metric, a sign that a bearish trend might have taken over. Bitcoin Has Been Rejected From The Short-Term Holder Cost Basis As pointed out by an analyst in a post on X, BTC is currently facing resistance at the short-term holder’s […]
Ethereum’s native token, Ether, is poised to potentially touch $8,000 mark within next two years, per predictions by global bank Standard Chartered
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it.
Crypto analyst Nicholas Merten is issuing a warning that memecoin Dogecoin (DOGE) is likely not finished correcting against Bitcoin (BTC). In a new video update, Merten tells his 512,000 YouTube subscribers that he expects Dogecoin to remain in a bearish trend against Bitcoin for a while as the monthly DOGE/BTC chart continues to show weakness. […]
A closely followed crypto strategist says he is flipping bullish on Bitcoin (BTC) after the king crypto dipped below the $28,000 level. Pseudonymous analyst Credible Crypto tells his 346,700 followers on the social media platform X that BTC will likely reverse its downtrend after finding support at a key level. “Did you flip bullish at […]
Summary JPMorgan’s tokenisation platform is called the “Tokenised Collateral Network” (TCN). The bank completed its first tokenised swap with financial institution BlackRock. JPMorgan’s entry into the blockchain sector is a landmark moment for bridging the gap between TradFi and DeFi. Traditional finance giants, JPMorgan, committed themselves to the blockchain sector yesterday upon launching their tokenisation […]
Summary Real USD (USDR) de-pegged from the US Dollar on Wednesday, dropping by nearly 50%. USDR was backed by real estate and generated revenue through rental income. Although USDR holders will not lose significant amounts of money, the coin will be decommissioned following the de-pegging. Over a year since the calamitous collapse of TerraUSD, another […]