A crypto analyst says an under-the-radar altcoin could undergo steep correction after surging by triple-digit percentage points since June. The pseudonymous trader Altcoin Sherpa says he believes the blockchain oracle altcoin Tellor Tributes (TRB) will be one of the “best coins” to short over the coming months. Altcoin Sherpa predicts TRB will “go all the […]

As per the recent development, Bitget is introducing BIGTIME to its innovation and GameFi zone. The masses believe this development is associated with the platform’s vision to offer users access to the latest innovative assets in the crypto space. Some of these include leveraged and decentralized finances (DeFi) tokens, AI tokens, and other GameFi projects. BigTime […]

The former Systematic Alpha Management LLC (SAM) CEO, Peter Kambolin, has confessed to orchestrating a deceptive “cherry-picking” scheme involving cryptocurrency futures contracts. Cherry-Picking is a fraudulent trading practice in which a person executes trades without assigning those trades to a particular trading account until the individual determines whether or not the trade has become profitable […]

How great are chances to see DOGE bounce back soon?

It’s been quite a bearish week for Bitcoin, as the crypto has fallen around 3% since the beginning of the week. Price action, in particular, has had Bitcoin struggling to break above $27,000, indicating a potential risk of more losses below this resistance level in the near term.  However, according to a crypto analyst, this […]

MetaMask was removed from Apple’s App Store for a few hours on Oct. 14, reviving concerns about legal challenges with Big Techs.

Wells Fargo says it did nothing wrong when freezing $204,000 in a customer’s account – even though it’s partially relenting to lawyers who claim otherwise. The banking giant was hit with a lawsuit after a North Carolina-based client named Ethan Parker alleged he was denied access to his money with “little to no explanation.” Despite […]

The stability of assets remains a desired trait in the volatile world of bitcoin and financial markets. Market volatility can destabilize portfolios and investments, making it critical for people and corporations to plan ahead of time. Stablecoins Explained Before evaluating their performance in times of market upheaval, it’s critical to understand what stablecoins represent. Stablecoins […]

The Cryptocurrency Global Large Top5 Index. Before this rebalancing, the digital currencies that make up the index include Bitcoin (BTC), Ethereum …

Blockstream, a global leader in Bitcoin infrastructure technology, has announced its new “Lightning-as-a-Service” solution called Greenlight, according to a press release sent to Bitcoin Magazine. This offering aims to provide the integration of fast, cost-effective Bitcoin payments through the Lightning Network for developers and enterprise clients worldwide. The current landscape of Lightning payments presents users […]

TL;DR SBF Trial reveals manipulation of Alameda’s funds, resulting in $10 billion in outstanding loans. Scheme involving frozen Chinese government funds explored, including negotiation, using crypto addresses, and bribery. Ellison exposes attempts to use Saudi Crown Prince’s money, image concerns, doctored balance sheets, and FTX’s insolvency, raising industry regulatory and investor confidence questions. The SBF […]

THORchain has recently resumed trading after suspending it last week following the movement of illicit funds through its platform. Despite the pause of trading services, other services including lending, borrowing, and staking continued to remain operational.  The exchange resumed trading activities after revamping its terms of service and also added several new guardrails for two […]

Bitcoin, the leading digital asset in terms of market cap and adoption, recent activity on its price chart has led to speculation and predictions about its future trajectory.  Acclaimed cryptocurrency trader, known as Mags on the X (formerly known as Twitter) platform, recently shared his analysis on Bitcoin, suggesting a significant price surge for Bitcoin […]

More signs say the acquisition will boost metaverse applications in business than in gaming as CEO Nadella talks about productivity and metaverse enthusiast Kotick leaves Activision.

Engineers are investigating a banking glitch that triggered a total shutdown of billions upon billions of dollars in bank transfers in Japan. The glitch began on Tuesday, leaving more than one million customers unable to move their money and affecting banking giants including JPMorgan Chase, MUFG and Mitsubishi Trust. The system breakdown halted a staggering […]

Shibarium partner BAD expands it real-life adoption and utility via new listing

The emergence of blockchain technology has spurred a fundamental revolution in the field of financial services. Blockchain, as a decentralized and immutable ledger technology, has impacted established financial systems in a variety of ways. Trust and Transparency The inherent transparency of blockchain is one of its most significant advantages. Records in traditional financial systems are […]

Cryptocurrency price on October 14, a quick take: The global crypto market cap stood at $1.05 trillion on Saturday morning.

“People want an authority to tell them how to value things, but they choose this authority not based on facts or results –– they choose it because it seems authoritative or familiar.”  –Michael Lewis, The Big Short. Renowned author Michael Lewis published his book, Going Infinite: The Rise and Fall of a New Tycoon, on […]

In the fast-paced world of cryptocurrency, shrewd investments are the gateway to true wealth. On that note, XRP and Bitcoin Spark (BTCS) are leading the pack in financial opportunities in the crypto market. XRP Lawsuit The XRP lawsuit began in December 2020, when the United States Securities and Exchange Commission (SEC) accused Ripple and two […]

The trial against FTX co-founder Sam Bankman-Fried took an intriguing turn as Zac Prince, the CEO of defunct crypto lender BlockFi, provided testimony in a Manhattan federal courtroom.  Prince’s appearance provided valuable insights into the intricate relationship between BlockFi, FTX, and Alameda Research. BlockFi’s Bankruptcy Rooted In Alameda And FTX According to a Bloomberg report, […]

A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials.

A widely followed crypto strategist believes Cardano (ADA) is close to making a steep move to the downside. Analyst Benjamin Cowen warns his 787,000 YouTube subscribers that Cardano appears to be on the verge of breaking below a key support level on the weekly chart after retesting it several times since December 2022. In technical […]

The Terra (LUNA) community has been busy in the past month with various developments and achievements in the cryptocurrency ecosystem. Here are some of the highlights: The community has voted to burn 800 million USTC, the classic version of Terra’s stablecoin, which was created before the Columbus-5 upgrade. The burning will reduce the supply of […]

Blockstream CSO addressed Bitcoin community with important message

BlockFi’s CEO Zac Prince testified today (Friday) in the ongoing case against Sam Bankman-Fried (SBF), highlighting a billion-dollar loss incurred by his crypto lending firm in connection with Alameda Research and FTX. According to a report by Coindesk, BlockFi’s involvement with Alameda Research began between 2020 and 2021. Prince mentioned the existence of loan agreements […]

BitPay chosen as payment processor to protect against price fluctuations. Ferrari has started to accept payment in cryptocurrency for its luxury …

In a significant development, the U.S. Securities and Exchange Commission (SEC) has decided not to appeal a recent court decision favoring Grayscale Investments’ Bitcoin ETF conversion plans, according to a report by Reuters. The decision, which comes after a legal battle and months of anticipation, may signal a shift in the regulatory landscape towards the […]

Summary U.S. Investors have long waited for the approval of several Spot Bitcoin ETFs. A decision is expected anytime soon as the regulator has until Friday, U.S. time to make a decision. Analysts see the chance of approval around 75%, with a 95% chance of approval by the end of 2024. Bitcoin Spot ETFs have […]

Bulls pushed back and momentarily halted the increasing selling pressure impacting Cardano, Solana, and Ethereum. The altcoin market has been stabilizing over the last day, but fresh data points to potential issues in the short term. As of this writing, Cardano (ADA) trades at $0.23 with sideways movement in the past day. Solana and Ethereum […]

The former CEO of an investment firm marketed as offering algorithmic trading strategies involving crypto futures contracts is pleading guilty to running a cherry-picking scheme. Peter Kambolin, the owner and CEO of Systematic Alpha Management LLC (SAM), is pleading guilty to fraudulently allocating the profits and losses from futures trades when he functioned as a […]

Payments processing giant Mastercard and the Reserve Bank of Australia (RBA) have successfully tested the interoperability of a central bank digital asset (CBDC) and the ability to restrict the use of that currency to “authorized parties.” Mastercard’s solution enabled the holder of a pilot CBDC to purchase a non-fungible token (NFT) listed on Ethereum (ETH), […]