The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ […]

Taiwan’s Financial Supervisory Commission (FSC) has introduced a new policy allowing professional investors to invest in foreign cryptocurrency exchange-traded funds (ETFs) through local brokers. The policy restricts access to these financial products to professional investors, including institutions, high-net-worth entities, and individuals classified as professionals. Suitability Assessments and Training Requirements According to a September 30 press […]

Scottie Pippen continues to ‘receive’ messages from Bitcoin creator in his dream

If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. Step 1: Setting Up Your Cryptocurrency Wallet. The first thing …

TL;DR Matrixport Acquires CFAM: Matrixport has acquired Crypto Finance (Asset Management) AG (CFAM) and rebranded it to Matrixport Asset Management AG (MAM), managing $6 billion in assets. Regulatory Approval: The acquisition has been approved by the Swiss Financial Market Supervisory Authority (FINMA), enhancing Matrixport’s regulatory footprint in Europe. Leadership and Expansion: Stefan Schwitter is appointed […]

US Ethereum ETFs had a rocky start but are poised for a strong Q4, led by BlackRock’s iShares ETHA. ETHA recently surpassed US$1 billion in assets, ranking it among the top 20% of performing funds. Fidelity’s FETH saw significant inflows, making it the second-largest US Ether fund. Despite gains by individual funds, the sector faces […]

Bitcoin cloud mining in 2024 has become an attractive option for many looking to invest in cryptocurrency without the hefty price tag of hardware. With numerous platforms available, it’s crucial to understand their features, such as customer support, fees, and ease of use. This article talks about these factors and highlight a winner cloud mining […]

The Shiba Inu (SHIB) burn rate has surged in the last 24 hours, providing a bullish outlook for the meme coin. This is also significant as it suggests that Shiba Inu bulls are again returning to its ecosystem.  Shiba Inu Burn Rate Surges By 81% Data from the Shiba Inu burn tracker Shibburn shows that […]

Neither US party has attempted to adequately address the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, says a hedge fund manager. 

An analyst who earned the “Master Trader” rank on the crypto exchange Bybit believes that one frog-themed memecoin will leave most digital assets in the dust. Pseudonymous trader Bluntz tells his 276,300 followers on the social media platform X that he sees Pepe (PEPE) pulling off an over 2x rally en route to a fresh […]

Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has […]

US investors showed increased demand for the spot Bitcoin ETFs during the entire trading week, with more than $1 billion entering the 11 such US-based funds. Interestingly, the interest for their spot Ethereum counterparts has also picked up, as they registered their second-best week since going live in July. Over $1B in Bitcoin ETFs in […]

Based on Grayscale Trusts metrics, Ethereum (ETH) bulls should be optimistic, analyst Leon Waidmann says

The Russian central bank, alongside the Ministry of Finance, is supervising the initiative, which allows for regulated cryptocurrency-based trade …

The Ethereum price recovery has been quite impressive in recent weeks, and an analyst has suggested that this might only be the beginning of a good run for the altcoin. Is The Ethereum Market Preparing For A Rally? A pseudonymous analyst has shared — via a CryptoQuant Quicktake post — an interesting on-chain insight into […]

Jesse Walden, managing partner at Variant Fund, says the original cypherpunk values that influenced early blockchains could fade over time.

Banking giant Goldman Sachs is forecasting a weaker US dollar following the interest rate reversal from the Federal Reserve. In a new note to investors covered by Bloomberg, Goldman strategists say a gradual weakening of the greenback is expected now that lower rates have lessened the dollar’s appeal. The bank said the Fed’s recent cut […]

The U.S. Department of Justice (DOJ) is suing payments giant Visa for allegedly maintaining an illegal market monopoly to keep smaller competitors in check. In a press release, the DOJ says it’s filing a civil antitrust lawsuit against Visa, accusing the payments firm of illegally maintaining dominance over the debit network markets. Antitrust laws were […]

The crypto market’s resurgence has seen an influx of investors stream into the digital asset world, hoping to cash in. However, the crypto-verse has upwards of 9,800 tokens, making selecting high-potential investments a daunting task. Luckily, a savvy PEPE trader has spotted RCO Finance (RCOF), an Ethereum presale token.  Why does this legendary PEPE trader […]

This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this editorial the second it’s finished, which also includes the biggest stories of the week and a comment on each story. Pre-Bull Sentiment Rises This week it felt like the entirety of the crypto industry descended upon the city-state […]

The Federal Bureau of Investigation (FBI) has seized millions of dollars worth of crypto assets from entities in Southeast Asia that allegedly targeted US citizens. In a new announcement on the social media platform X, the FBI says that they’ve seized $6 million worth of digital assets from Southeast Asian scammers who prey on people […]

An analysis by market intelligence platform IntoTheBlock has discovered the number of daily active addresses for major cryptocurrencies. This metric offers insights into the intensity of user activity on these networks. According to data gathered by IntoTheBlock, these crypto assets include large-cap altcoins like Solana (SOL), meme coins like Dogecoin (DOGE), and the largest of […]

Bitcoin on verge of reaching $70,000 as market recovers

The new Royal Decree 788 came into force on 25 September 2024. It extends VAT exemptions for the transfer of digital tokens or cryptocurrencies via …

The price of Bitcoin started the year on a bounce, securing a new all-time high before the end of the first quarter of 2024. However, the second and third quarters weren’t all that rosy for the crypto market, with the premier cryptocurrency largely moving within a consolidation range. September, the last month of the third […]

The attacker used a “proxy” function to swipe victims’ USDC balances, but only a small number of Google login users have been affected.

According to recent data, more than 14 million ether (ETH) is now locked in liquid staking derivatives (LSD) protocols. Over the past 12 days, the amount of ETH deposited into these platforms nudged upward by 0.643%, bringing the total to 14.08 million ETH. Ethereum Liquid Staking Surges to 14M Ether, 90,000 Added in 12 Days […]

Judge Katherine Polk Failla of the Southern District of New York has reportedly denied the motion to dismiss the charges against Tornado Cash co-founder Roman Storm. Storm’s legal woes stem from allegations that Tornado Cash developers aided the North Korean hacking group Lazarus in laundering illegal funds through the crypto mixer. In a bid to […]

A closely followed analyst believes that one Ethereum (ETH) challenger is gearing up to spark massive rallies and play catch-up with other high-flying crypto assets. In a video update, pseudonymous analyst Rager tells his 197,800 followers on the social media platform X that Fantom (FTM) is one of his highest conviction trades for the coming […]

Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility. 

In one of the latest collaborations between public and private entities, the world’s largest cryptocurrency exchange, Binance, announced that it helped Indian authorities bust a purported legitimate online gaming app that defrauded users of more than Rs 400 crore ($47.6 million). According to a blog post, the Binance Financial Intelligence Unit (FIU) provided critical aid […]

Has fall of Bitcoin (BTC) ended by now?