Shiba Inu, XRP’s global expansion expected to contribute to overall crypto adoption
In a landmark verdict, Pablo Renato Rodriguez, the co-founder of AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels. According to the US Department of Justice (DOJ), Rodriguez, along with his co-conspirators, masterminded a sprawling global pyramid scheme that defrauded investors of millions of dollars through false […]
The US Securities and Exchange Commission (SEC) has again extended the deadline for a decision on Ark 21Shares’ proposed spot Bitcoin ETF to next year. GlobalX’s ETF application will also have to wait for a decision until November. In a release on Tuesday, September 26, the US SEC announced that it had designated January 10, […]
The United States Bankruptcy Court in New Jersey has given its approval to BlockFi’s customer repayment plan, offering a glimmer of hope to investors looking to recover a portion of their investments by the year’s end. Bankruptcy Judge Michael A. Kaplan officially approved BlockFi’s third amended Chapter 11 plan during a September 26 court hearing. […]
It’s been more than a decade since 850,000 BTC went missing from Mt. Gox, yet the collapse of the former exchange remains one of the most infamous black swan events of the cryptocurrency ecosystem. While creditors of the defunct exchange are edging closer to some form of restitution, Mt. Gox’s demise ended up playing an […]
THORChain (RUNE) has traded in a range between $1.45 and $1.05 since the beginning of August. More recently, the price reached the top of the range on September 18 but faced rejection. The RUNE price reached a temporary bottom on September 25 and has increased towards the range high since. THORChain Trades in the Middle […]
A bipartisan group of lawmakers has called on the U.S. Securities and Exchange Commission (SEC) to cease its efforts to block the approval of Bitcoin exchange-traded funds (ETFs). The lawmakers argue that the SEC should adhere to court decisions and approve applications for Bitcoin ETFs, asserting that they are “indistinguishable” from crypto futures ETFs, which […]
… cryptocurrency Bitcoin. Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023. REUTERS …
Despite coming up short of his goal, crypto trader Thomas Kralow said the crypto-funded expedition was all about two things: “Bitcoin and happiness.”
One British man reportedly lost millions of dollars when the now-defunct crypto exchange FTX imploded in November. According to a new BBC report, Sunil Kavuri may have suffered the largest amount of investment losses from the FTX scandal than any other British citizen. Kavuri tells the BBC that he started worrying about his crypto investments […]
Bloomberg crypto market analyst Jamie Coutts says that Bitcoin (BTC) may be at risk of being taken over by the powerhouses of the legacy financial system. Addressing his followers on social media platform X, Coutts shares data showing that BlackRock, the world’s largest asset manager, began getting proxy exposure to Bitcoin in 2020 via shares […]
Casey Rodarmor, the mad genius creator behind Bitcoin Ordinals, has largely avoided the spotlight since March. A month and a half after launch, the Ordinals protocol exceeded any developer’s wildest dreams of adoption, long before it reached the current statistics of 32M inscriptions, 180k unique users, and $550M in trading volume, nine months down the […]
Bitcoin price is consolidating above the $26,000 support. BTC could start a recovery wave if it clears the $26,500 resistance zone in the near term. Bitcoin is still consolidating above the $26,000 support zone. The price is trading below $26,400 and the 100 hourly Simple moving average. There is a major bearish trend line forming […]
Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing. Historically, such reductions in exchange supplies have been associated with positive price movements. Source: […]
The US Securities and Exchange Commission (SEC) has pushed its decision on two spot Bitcoin ETF applications by ARK Invest and 21Shares and Global X, with the former postponed to January 2024. Amid various calls for a spot Bitcoin ETF in the United States, there are speculations that there could be more SEC delays for […]
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Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell trouble for BTC bulls.
Binance has confirmed its complete withdrawal from the Russian market. The exchange has executed an agreement to transfer its entire business operations in Russia to the cryptocurrency exchange platform known as CommEX. This decision marks a strategic shift in Binance’s global operations and compliance strategy. Binance’s Exit: Impact on the Cryptocurrency Community The announcement of […]
The world's largest cryptocurrency exchange has reopened access to investments and trades three months after being ordered to close.
One of the top US-based crypto exchanges is expanding globally into major European financial hubs. According to a new press release, Kraken Exchange has secured an E-Money Institution (EMI) registration with the Central Bank of Ireland, as well as a Virtual Asset Service Provider (VASP) registration with the Bank of Spain. Ireland’s EMI license will allow […]
A closely followed crypto strategist believes that one Ethereum (ETH)-based digital asset is setting up for an explosive run. Pseudonymous analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that the decentralized oracle network Chainlink (LINK) is a solid crypto project from a fundamental standpoint. According to the trader, LINK could […]
The Ethereum price action is uneventful, looking at the performance in the daily chart. Presently, prices are moving inside a tight range with caps at $1,560 on the lower end and around $1,630 on the upper end. Specifically, prices are inside the bearish September 21 bear candlestick. In the days ahead, how prices react at these two reaction […]
The co-founder of the infamous crypto Ponzi scheme known as “AirBit Club” has been handed a 12-year prison sentence. This sentencing follows the co-founder’s earlier admission of guilt in wire fraud conspiracy charges, which took place seven months ago in a United States District Court. The case, as explained by Damian Williams, United States Attorney […]
Digital assets-focused investment firm Pantera Capital thinks one Ethereum (ETH) layer-2 scaling solution should sit “high on the list” for fundamentals-focused investors looking for projects that have made recent traction in the crypto sector. Cosmo Jiang, a portfolio manager at Pantera, notes in a new analysis that Arbitrum (ARB) has taken “meaningful market share” in […]
In a strongly-worded letter addressed to Securities and Exchange Commission (SEC) Chair Gary Gensler, a group of prominent U.S. Congressmen are calling for the immediate approval of spot Bitcoin Exchange-Traded Funds (ETFs). The bipartisan letter, signed by representatives Tom Emmer (R-Minn.), Mike Flood (R-Neb.), Ritchie Torres (D-N.Y.), and Wiley Nickel (D-N.C.), emphasizes the urgency of expanding […]
Ethereum price is eyeing a recovery wave from $1,565 against the US Dollar. ETH could rise steadily if it settles above $1,600 and $1,620. Ethereum is attempting a recovery wave above the $1,580 level. The price is trading above $1,590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]
Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins SDX’s central securities depository.
Bitcoin, the pioneering cryptocurrency, has achieved yet another significant milestone on its journey to becoming a global digital asset. With over 900 million transactions processed, this achievement couldn’t have come at a more intriguing time, as the next halving event approaches. Bitcoin Hits Major Milestone The 900 million transaction mark is a testament to Bitcoin’s […]
[PRESS RELEASE – New York, United States, September 26th, 2023] Decrypt Media Inc. has officially announced 1000x, the first loyalty program for degens. The announcement comes on the heels of the launch of Degen Alley, an expansion of the site’s editorial coverage into new and barely explored corners of the crypto space. Degen Alley embraces […]
How great are chances to see further rise of Cardano (ADA)?
HodlX Guest Post Submit Your Post Ever since Web 3.0 captured the attention of the public eye during 2021’s bull run, smart contracts and their potential as a new technological resource have inspired ambitious research into transformative use cases across a multitude of industries. However, even though the phrase ‘smart contract’ has become almost as […]
MoneyGram International, Inc. has announced plans to launch a non-custodial digital wallet. Slated for release in the first quarter of 2024, this wallet aims to enhance cross-border payments. It offers consumers a bridge between fiat and digital currencies. This announcement came during MoneyGram’s Chief Executive Officer, Alex Holmes’, presentation at the Stellar Development Foundation annual […]