An under-the-radar Web3 gaming ecosystem altcoin has surged by more than 51% this week amid a new token migration proposal. The native token of the Merit Circle (MC) Decentralized Autonomous Organization (DAO) is trading around $0.405 at time of writing, up from $0.267 one week ago. The price surge materialized amid a discussion period on […]
Several members of the economic alliance known as BRICS are discarding billions of dollars worth of assets backed by the US government. New numbers from the Treasury Department show China is leading the charge, reducing its holdings of US treasuries from $835.4 billion in June to $821.8 billion in July – a decrease of $13.6 […]
The US featured prominently in crypto this week as the US Federal Reserve (Fed) said it would keep rates fixed amid soaring national debt levels. On Monday, a New York Post writer accused the chair of the Securities and Exchange Commission (SEC) of focusing on crypto enforcement at the expense of other crimes. The Fed’s […]
A United States judge has approved the Justice Department’s (DOJ) motion to bar all witnesses proposed by Sam Bankman-Fried (SBF), the founder and former CEO of bankrupt cryptocurrency exchange FTX, from testifying at his upcoming trial. According to an order filed with the U.S. District Court for the Southern District of New York, Judge Lewis […]
Attorney Bill Morgan and SEC specialist Marc Fagel unveil hidden drive behind XRP case appeal, changing game for crypto regulation
Core Scientific, a bankrupt cryptocurrency miner, is set to purchase 27,000 Bitcoin mining servers from Bitmain in a substantial transaction valued at $77 million, as disclosed in a recent press release. The acquisition comprises $23.1 million in cash and $53.9 million in common stock. Core Scientific’s Path to Recovery: Strategic Acquisition This deal, which was […]
The Bitcoin Policy Institute, in collaboration with the Cornell Brooks Tech Policy Institute, is set to host a high-profile panel discussion on the theme of “Digital Currencies & Strategic Competition.” The event, which promises to be a pivotal moment in the ongoing conversation about the role of digital currencies in global affairs, will be held […]
Binance, Binance US, and founder Changpeng Zhao (CZ) have filed a joint motion to dismiss the lawsuit filed against them by the US Securities and Exchange Commission (SEC). In a joint motion filed in the US District Court for the District of Columbia on Thursday, September 21, Binance-related entities and CZ claim that the SEC […]
XRP, a cryptocurrency Ripple Labs uses to facilitate transactions on its network, has been making headlines recently for all the right reasons. The digital asset has emerged as one of the top performers in the crypto market in recent months, largely owing to Ripple’s significant legal victory against the US Securities and Exchange Commission in […]
Cryptocurrency price on September 22 quick take: The global market cap dipped to $1.06 trillion.
Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment.
The launch of a spot Bitcoin ETF would be a watershed moment for the Bitcoin ecosystem. It would make it easier for investors to gain exposure to Bitcoin, and it could lead to increased adoption of Bitcoin by mainstream investors. Institutional Investors Are Interested In Investing In Bitcoin It is difficult to predict exactly how […]
Two major Shibarium tokens can now be used on LaborX platform as payment options
The cryptocurrency exchange CoinEx is making a comeback after a devastating $70 million hack. The exchange announced today (Friday) that it had taken measures to rebuild its wallet system and ensure the safety and security of its users’ assets. As a result, CoinEx is now gradually resuming deposit and withdrawal services for a substantial number […]
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. “The special commodity or medium that we call money has a long and interesting history. And since we are so dependent on our use of it and so much controlled […]
The Shiba Inu (SHIB) price broke down from the $0.0000080 horizontal support area, a sign of a bearish trend. While the weekly timeframe readings are decisively bearish, the daily timeframe offers a more neutral outlook. Shiba Inu Price Continues Falling Towards Support The technical analysis in the weekly timeframe provides a bearish SHIB price outlook. […]
In addition to the decentralization of finance, cryptocurrency exchanges can and should play an active role in the democratization of finance, fostering cheap and instantaneous transactions for people everywhere. That’s according to Ethereum founder Vitalik Buterin, who shared his vision of wider use of crypto in a wide-ranging CNBC interview. Buterin Criticizes Dominant Crypto Exchanges […]
Bitcoin’s price increased by a little less than 1% in the past seven days. The week was, overall, positive for the industry as the total market capitalization approaches the $1.1 trillion cap. The biggest news of the week is undoubtedly the US FOMC meeting that happened on Wednesday. According to the official announcement, the central […]
In an environment of soaring interest rates and economic unpredictability, Bitcoin and the broader crypto market face increased headwinds. The shift in the financial landscape was recently underscored by the Benchmark 10-year US Treasury yield, which hit a 16-year high this Thursday. Longest Yield Curve Inversion Ever Historically, an inverted yield curve, where short-term yields […]
A widely followed crypto analyst is breaking down Bitcoin (BTC) as the top crypto by market cap bounces on the price charts. Crypto trader Michaël van de Poppe tells his 667,500 followers on the social media platform X that BTC’s “crucial” levels are around $26,700 and $28,000. “The chop continues on Bitcoin. Let’s see what happens after […]
PancakeSwap has recently integrated Transak as a provider in its Buy Crypto tab, offering users an additional option when shopping for crypto. Mercuryo and Moonpay had already established themselves as the previous providers of this feature, and the recent development has made Transak the third provider. PanakeSwap is a multichain decentralized crypto exchange. It is […]
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.
We discuss the current trends cryptocurrency integration in the luxury industry and the emergence of a new digital luxury market.
US giant Coinbase is exploring opportunities to enter the European market; here’s why it once considered purchasing an EU branch of the bankrupt FTX exchange
The cryptocurrency sector is sometimes fraught with upheaval, yet maybe no digital asset exemplifies resilience more than Bitcoin. Bitcoin has encountered various hurdles throughout its existence, ranging from regulatory scrutiny to market crashes, yet it has continually survived these storms and emerged stronger. In this article, we look at recent events that put Bitcoin to […]
Since its conception in 2009, Bitcoin, a revolutionary digital money, has advanced significantly. The development of Bitcoin wallets has been astounding along with the rise of Bitcoin. It has been a wonderful journey from simple solutions to the sophisticated and feature-rich wallets we have today. We’ll go into the fascinating past of Bitcoin wallets in […]
It’s been almost a year since the collapse of FTX, but the failed crypto exchange continues to be surrounded by drama. In a flurry of moves to claw back funds for investors, FTX lawyers are now going after employees of Salameda Ltd. According to court filings, the employees of Salameda – a Hong Kong-incorporated entity […]
British bank Standard Chartered’s crypto arm Zodia Custody just rolled out a new service that will enable crypto investors to generate passive earnings from their digital assets. The subsidiary in the business of storing institutions’ crypto assets says it struck a deal with Singapore-based blockchain technology provider OpenEden for the Zodia Custody Yield program that […]
Defunct crypto exchange Mt. Gox is extending its deadline to repay about $3.7 billion worth of Bitcoin (BTC) and Bitcoin Cash (BCH) to its creditors. In a new announcement, Mt. Gox rehabilitation trustee Nobuaki Kobayashi says that the crypto exchange will not be able to make certain repayments by their original deadline of October 31, […]
As India reels from a number of high-profile cases of crypto fraud and theft, including a scam that enlisted a Bollywood star as an influencer, the nation’s government is developing a special digital tool to spot and thwart crypto crime. The Cryptocurrency Intelligence and Analysis Tool (CIAT) is a pet project of the Ministry of […]
The United Kingdom’s Financial Conduct Authority (FCA) warned crypto businesses on Thursday to fall in line with new financial promotion rules, which the vast majority of businesses appear to be ignoring. In a public letter published by the FCA, the regulator said that only 24 of 150+ firms have replied to a survey sent to […]
In yet another successful phishing scheme, an unsuspecting user suffered a multimillion-dollar loss in Tether. Etherscan data revealed that $4.46 million worth of Tether (USDT) was siphoned from an unsuspecting Kraken wallet user. The stolen funds were subsequently transferred to an address concluding with “ACa7.” Another Successful Phishing Attack Details are thin about how the […]