TL;DR Tether issues $1 billion in USDT on Tron. Over the past year, Tether has issued $33 billion worth of USDT, spread across Tron and Ethereum. Tron issuance is in response to high demand and maintenance of USDT inventory. Stablecoin issuer Tether has conducted a new issuance of $1 billion worth of USDT on the […]

TL;DR Bitcoin has reached a 56% dominance in the total cryptocurrency market capitalization, up from 38% since November 2022. Short-term holders face substantial losses, which could lead to a potential overreaction in the market. Despite the volatility, long-term holders maintain a steady accumulation, with an average sell-side pressure of approximately $138 million per day. Bitcoin […]

Tokyo’s Metaplanet investment firm revealed that it has acquired an additional 57.273 BTC, valued at approximately 500 million yen or $3.4 million amidst the current market lull to set the stage for long-term growth. This purchase is part of the strategy announced on August 8, following the firm’s acquisition of a 1 billion yen loan, […]

In the ever-evolving world of cryptocurrency, savvy investors are always on the lookout for opportunities to maximize their profits while …

Bitcoin’s price is still weak but has seen a small increase after rejecting $60,300 last weekend. However, it is gathering momentum as it forms a new bearish pattern with a 55.8% dominance at press time.  After tapping $62,750 two weeks ago, Bitcoin marked resistance there and showed signs of weakness. This led to a notable […]

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In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading.

Australia’s financial regulatory agency, ASIC, has released its annual report on investment scams. Approximately $1.3b was stolen from Australians throughout 2023, with most of the losses coming due to investment scams. Meanwhile, about 615 crypto websites were taken down as ASIC puts the blowtorch to investment scam platforms. However, ASIC warned Aussies that deepfake videos […]

Tron’s significant growth has pushed the DeFi project into the top ten cryptocurrencies, dethroning Cardano’s place. This comes a few months after Toncoin, home to GameFi phenomenon Hamster Kombat, made its way into the top ten by market cap. Cardano’s network activity has remained quite subdued, while Tron’s has exploded on the back of several […]

The cryptocurrency world is no stranger to dramatic shifts, with investors constantly seeking new opportunities to maximize their gains. Recently, a significant move by an Ethereum whale has sent ripples through the meme coin market. This influential investor has chosen to dive into the memecoin world by investing heavily in both Pepe Unchained (PEPU) and […]

State Street is announcing a new collaboration with Swiss cryptocurrency firm Taurus to introduce digital asset services to institutional investors. According to Reuters, the partnership will enable State Street to offer custody services for cryptocurrency holdings and assist in creating tokenized versions of traditional assets, such as funds and securities. The service targets asset management […]

The Australian Securities and Investment Commission (ASIC) is warning about widespread online investment scams, including those involving cryptocurrencies. In a new announcement, the ASIC says it is constantly shutting down malicious websites that are targeting Australians through various means and trying to make off with their funds. “Since July 2023, ASIC has coordinated the removal […]

Meme coins have bounced back, with Dogecoin and co shaking off the bearishness and posting solid gains in the past day. However, it’s the new project Crypto All-Stars that’s stealing the show – nearing the $600,000 milestone in its much-hyped presale phase. Meme Coins Bounce Back After Prolonged Market Slump After a tough stretch, meme […]

Nigeria’s financial regulator is preparing to license cryptocurrency exchanges. The country’s Securities and Exchange Commission (SEC), headquartered in Abuja, is set to unveil its inaugural licenses for digital and tokenized assets this month, Bloomberg reported. Regulating Crypto According to the regulator, this move reflects a broader global trend of regulators increasingly seeking to bring crypto […]

The altcoin will rise if the price bars move above the moving average lines. HNT is the top-performing cryptocurrency. It has the following …

TL;DR Cardano has released Daedalus 6.0.0, a crucial update ahead of the Chang hard fork, necessary for the transition to the Conway era. The new version includes the node update 9.1.0, improvements to the Ledger and Trezor hardware wallet libraries, and fixes for Linux systems with AppArmor. The update is mandatory for all Daedalus users; […]

A new malicious browser extension called the “Bull Checker” is reportedly targeting Solana users on Reddit by masquerading as a meme coin tracker. This extension evades detection systems and has drained Solana users’ wallets. Solana Users Targeted In the past week, Jupiter’s pseudonymous founder, Meow, reported that a few Solana DeFi users experienced unauthorized token […]

A top trader believes that Dogecoin’s price action is about to get extremely boring

Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications.

Real Vision analyst Jamie Coutts says that altcoins may be close to repeating the explosive mania of 2020 and 2021. Coutts says on the social media platform X that the crypto market cycle is currently at a point “where selective high-quality assets are bottoming and will outperform when the bull resumes.” The analyst shares a […]

Ethereum’s bias remains bearish on the daily chart following a recent crash to a yearly low. It has recovered slightly but is now trapped in a consolidation phase. A huge drop is expected if the supply level rises. Since Ethereum rejected $2,780 last week, the price has remained weak as it struggles to climb back […]

As Ripple (XRP) continues to experience fluctuations in the cryptocurrency market, many experts are expressing doubts about its ability to reach the much-anticipated $1 mark. Despite a recent uptick in its price, the consensus among analysts is that XRP may face significant challenges in sustaining its upward momentum. In light of these concerns, some investors […]

The Crypto Fear & Greed Index indicates ongoing market fear as Bitcoin hovers under US$60K. Future market activity and historical patterns hint at a potential bullish surge for Bitcoin by late 2024. Upcoming Federal Reserve decisions and macroeconomic factors are poised to significantly influence cryptocurrency dynamics. The crypto Fear & Greed Index remains in Fear […]

Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals […]

Ransomware payments in H1 2024 totaled nearly $460 million and $1.58 billion have been stolen in cryptocurrency heists.

The firm behind the largest US dollar-pegged stablecoin by market cap will soon be launching on another layer-1 blockchain. According to a new announcement from Tether, USDT will soon be available on Aptos (APT), a high-speed Ethereum (ETH) rival blockchain built for scalability. “Tether, the largest company in the digital assets industry, today announced that […]

A closely followed crypto analyst says that a Dogecoin (DOGE) rival is potentially copying the same parabolic structure that BNB printed earlier this year. Pseudonymous trader Inmortal tells his 214,000 followers on the social media platform X that memecoin FLOKI could be repeating BNB’s move in early 2024. The trader suggests that an over 160% […]

After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above the pivotal $60K level today. As seen in the chart below, the move happened suddenly as BTC exploded by more than $1,000 in a single hourly candle. Source: TradingView As CyrptoPotato reported earlier, the $60K mark is very […]

XRP is outperforming almost every top 100 cryptocurrency

Illuvium founder asks: Where are all the new Web3 Games? NFT allowlist to eliminate gaming bots, official PGA golf tour game. Web3 Gamer.

TL;DR Polygon’s Migration: Polygon will replace its MATIC token with POL on September 4, aiming to enhance functionality and user experience. Utility and Expansion: The POL token will boost utility, support network growth, and enable cross-chain services, with long-term plans for broader roles in staking and security. Market Impact: Despite a decline in user activity, […]

The possibility of Shiba Inu rising to $1 is one crypto community members look to support. This follows a recent poll by the crypto exchange CoinW, which showed that others besides the SHIB community believe such a price target may be attainable.  Shiba Inu Rising To $1 Gains Community Support In an X (formerly Twitter) […]