TL;DR Swell launches swBTC, a liquid restaking token that allows Bitcoin users to earn yields by depositing Wrapped Bitcoin (wBTC) into the Ethereum network. swBTC employs restaking, adapting the use of ETH as collateral to secure other chains, with yields expected to be available from mid-September. The goal is to offer users Bitcoin stability and […]

Digital payment solutions giant Revolut has announced integration with Ledger Live, a popular platform for managing digital assets. This partnership promises to make cryptocurrency purchases easier, faster, and more secure. Direct Crypto Purchases This collaboration enables Revolut users to buy cryptocurrencies directly through the Ledger Live app. According to the fintech firm, the new service […]

More than 1 million addresses now hold at least one Bitcoin, possibly reducing long-term supply. Institutions, including public and private sectors and ETFs, control about 10% of the total Bitcoin supply. US Bitcoin ETFs, especially BlackRock’s IBIT and Fidelity’s FBTC, hold a substantial 2.5% of all BTC. According to data from Bitcoin Magazine Pro the […]

TL;DR SBI Holdings’ subsidiary shook hands with Ripple to promote the use of the XRP Ledger (XRPL) within the Web3 community. Despite this partnership, XRP’s price remained largely unaffected, hovering around $0.57. Ripple’s Latest Collaboration Ripple keeps strengthening its global presence, recently teaming up with SBI Digital Community, which is under the umbrella of the […]

The three-year deal includes the UEFA Super Cup, with Crypto.com making its official debut at the 2024 edition featuring Real Madrid and Atalanta in …

BNB price is recovering higher from the $500 support zone. The price is now showing positive signs and might aim for more upsides above $535. BNB price started a recovery wave from the $500 support zone. The price is now trading above $515 and the 100-hourly simple moving average. There is a key rising channel […]

Bitcoin ETFs are on track to surpass Satoshi this year

Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000.

Since the start of the drop in March, Ordi has lost more than 70% of its value to a ten-month low. Although it has regained strength briefly from this low, it has continued to trade inside a descending wedge. After nearly touching $100 in the first quarter of the year, Ordi declined heavily to a […]

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community […]

Custodial Lightning has clearly achieved product market fit. Users benefit from instant Bitcoin payments and minimal fees, while custodians manage the complexities of channel and liquidity management. Major platforms like Coinbase, Cash App, Kraken, and Binance provide over 200 million users with direct access to Lightning payments. While the Lightning Network excels at facilitating payments […]

A South Korean CEO is reportedly facing fraud charges for allegedly orchestrating a massive $364.9 million Ethereum (ETH)-themed crypto scheme. According to iNews24, Byun Young-oh, the CEO of tech firm Wacon, was arrested for allegedly running a pyramid scheme disguised as a legitimate crypto investment opportunity. The CEO was arrested along with an alleged accomplice […]

The chief crypto analyst at Real Vision says the global money supply (M2) metric is showing a “perfect” scenario for Bitcoin (BTC). Jamie Coutts says on the social media platform X that a historical relationship between Bitcoin and M2 suggests that the flagship cryptocurrency is in the midst of a consolidation phase while an increase […]

TL;DR Grayscale MakerDAO Trust Launched – Grayscale Investments has created a new trust for MakerDAO’s MKR token. Access to a DeFi ecosystem : The fund offers exposure to an on-chain lending protocol and other assets in the MakerDAO ecosystem. Daily Subscription : The Trust is available for daily subscription by accredited investors, but does not […]

Bitcoin and cryptocurrencies overall have rebounded this year, following a slow and steady 2023, which came on the heels of a couple of years …

As historically proven, the start of an altcoin season, or ‘altseason,’ a period marked by the strong performance of alternative cryptocurrencies relative to Bitcoin, often begins following a significant increase in BTC’s price. This phenomenon has been elaborated recently by Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, who has […]

Holidays are over: It’s amazing just how much crypto has transformed my life. Crypto funded my vacation—just a few trades covered the costs! Is the dump done? Bitcoin plunged from $70K to $49K, now back at $58K. What’s next? Eyes on the news: This month’s US CPI data could set the stage for a market […]

Bitcoin’s price has risen by almost two grand since yesterday, following the better-than-expected core PPI numbers in the States. Several altcoins have produced impressive gains within the same timeframe, led by TON’s jump to over $6.7. BTC Eyes $61K The primary cryptocurrency had a positive end to the previous business week as it shot up […]

Shiba Inu found no success in breaking $0.000015 resistance level, which suggests lack of buying support

The court said the DAO’s financial details should be known to both sides as they hash out ownership and control issues.

Goldman Sachs has disclosed $418 million holdings in spot Bitcoin exchange-traded funds (ETFs), signalling a growing institutional appetite for Bitcoin exposure. BREAKING: 🇺🇸 Goldman Sachs reports holding over $400 million in spot #Bitcoin ETFs in new SEC filing 👀 pic.twitter.com/n4nWDfCm6w — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024 In a quarterly filing, the Wall Street titan […]

A closely followed analyst and trader warns that Bitcoin’s (BTC) multi-month bull market may be hanging by a thread. Pseudonymous analyst Altcoin Sherpa tells his 219,700 followers on the social media platform X that he’s keeping a close watch on Bitcoin’s price action at around $58,000. According to the trader, an immediate move below $58,000 […]

A foreign cyberattack has reportedly hit the city of Columbus, Ohio. The attack has disrupted various city servers and appears to have compromised data, reports the Colombia Dispatch. The ransomware group Rhysida says it’s behind the hack, listing a trove of new data for sale on the dark web. Although officials have released few details […]

Ethena Protocol has been making waves in the DeFi space by offering users high yields through its innovative stablecoin, USDe. This is achieved by holding specific assets like stETH or BTC and simultaneously shorting an equivalent amount in the perpetuals market, creating a unique mechanism for generating returns. However, the price of Ethena’s native token, […]

A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant division” and include misleading subject lines such as “Montgomery County Sheriff office false claims division.” These emails contain fake documents, including a […]

The anti-graft agency, EFCC described the cryptocurrency assets as proceeds of money laundering and terrorism financing.

To further diversify its crypto investment portfolio, asset manager and ETF issuer Grayscale has unveiled the launch of the Grayscale MakerDAO Trust. This latest addition to Grayscale’s product suite allows investors to gain exposure to MKR, the utility and governance token underpinning the Ethereum-based MakerDAO ecosystem. Grayscale Expands Crypto Portfolio MakerDAO is an autonomous organization […]

TL;DR The Runes protocol, launched alongside Bitcoin’s halving, has experienced a drastic drop in fee share, falling to 8.37% from its debut with $62.55 million in fees. Although the protocol represents 50% of transactions on Bitcoin, the high activity has not translated into proportional fee revenue. The decline of Runes reflects both market conditions and […]

The Ripple case could bode well for for the crypto industry

The crypto firm merged with Coinsmart and Coinsquare in 2023, securing $1 billion in assets under management in the same year.

A securities regulator in Canada has charged the head of a crypto exchange with gambling users’ crypto. According to a new official decision from the British Columbia Securities Commission (BCSC), crypto exchange ezBtc founder David Smillie used CAD $13 million ($9.48 million) in customer funds for online gambling. “The respondents perpetrated a fraudulent scheme relating […]

A closely followed crypto analyst says that Bitcoin (BTC) could suddenly plummet in value if one key level is lost as support. In a new video update, crypto strategist Jason Pizzino tells his 332,000 YouTube subscribers that if Bitcoin falls below $53,500, there is cause for concern that the crypto king may be flipping bearish. […]