This might be Ethereum’s time to shine

If you haven’t been around too long, it’s hard to fully appreciate how quickly narratives can shift in this industry, especially when playing catch-up. Fads grow old, memes become tired. It’s fair to say that this year’s seasonal craze is currently feeling the pressure of Bitcoin’s fading momentum. While it could be easy to write […]

The recent frenzy of celebrity memecoins mirrors the celebrity NFT craze of the 2021 cycle, bringing with it big risks, and possibly signalling tough times ahead for the crypto market. Most celeb memecoins launched during the current craze are way down on their all-time highs. We’ve once again reached that ominous phase of the market […]

Jonathan Elwing resigned as senior pastor of Palm View First Baptist Church after his arrest. Author: wtsp.com. Published: 12:37 PM EDT June 27, …

Two executives of financial technology company Hydrogen Technology received a prison term for their role in inflating the firm’s cryptocurrency, HYDRO. In a statement, the U.S. Department of Justice (DOJ) says that Hydrogen Technology co-founder and CEO Michael Kane of Miami Beach, Florida and Head of Financial Engineering Shane Hampton of Philadelphia, Pennsylvania were sentenced […]

A closely followed crypto trader says that one memecoin that has seen massive gains during the last five months looks ready to surge even higher. In a new strategy session, crypto analyst Altcoin Sherpa tells his 217,600 followers on the social media platform X that meme assets are recovering nicely from the latest market crash. […]

At 2:00 PM UTC on June 26, $BLAST was officially listed on Upbit and Coinbase, creating significant buzz in the crypto market. Those who had staked $BLUR received an airdrop of $BLAST, but many participants have raised concerns about the fairness of the distribution ratio. Amid the excitement, prominent investor Machi Big Brother made headlines […]

CleanSpark (CLSK) – one of the largest publicly traded Bitcoin mining firms – announced on Thursday that it had acquired one of its smaller competitors, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts (MW) of additional power to CleanSpark to bolster its mining operations. Another 400 MW of power […]

Cryptocurrency theft escalated dramatically in the second quarter, with losses from hacks and scams soaring by 112% to a staggering $572 million, the latest data revealed. This sharp increase followed a period of decline, highlighting a troubling resurgence in malicious activities targeting the crypto community, especially centralized exchanges. Escalating Crypto Losses Immunefi, an on-chain crowdsourced […]

Quinn Thompson, Chief Investment Officer (CIO) at Lekker Capital, articulated a strong buy signal for cryptocurrencies amidst a landscape fraught with bearish sentiment. In a statement released through the social media platform X, Thompson described the present market conditions as “one of the most obvious and attractive crypto buying opportunities of recent memory.” Lekker Capital, […]

The partnership will bring USDC support to Stripe on Coinbase’s layer-2 network, Base, and several other integrations.

Bitcoin advocate Mike Novogratz reveals groundbreaking collaboration between State Street and Galaxy

TL;DR Coinbase Legal Challenge: Coinbase has filed two lawsuits against the US SEC and FDIC, alleging excessive regulations and seeking transparency through the Freedom of Information Act. Information on Ether Withheld: The dispute includes the SEC’s refusal to disclose information about Ether’s transition to a proof-of-stake consensus mechanism, information crucial for Coinbase to understand the […]

TL;DR Binance has implemented new security measures to prevent misuse of account functions and enhance platform integrity. The platform will take strict actions against account misuse, including suspension or termination, and offers rewards for verified abuse reports. Monitoring of activities has been enhanced, with active collaboration with authorities to address security incidents and protect the […]

The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to increased risks in bank balance sheets and higher expenses. The aggregate common equity tier 1 (CET1) capital ratio […]

Popular on-chain analyst Willy Woo thinks there’s a “good chance” Bitcoin (BTC) has already cleared its lows. Woo tells his 1.1 million followers on the social media platform X that short-term technical indicators point to a BTC price reversal. “2 hours away from a TD9 reversal on daily candles. If this plays out, then we […]

SPOKANE, Wash. — A Spokane man pleaded guilty to a major cryptocurrency investment scheme that took advantage of multiple victims, …

Cardano faced a DDOS attack but merely slowed down, highlighting its robust, built-in resilience. The community assured Cardano’s founder that his attention was not needed, reflecting the decentralised nature of the blockchain. Despite the attack, no tokens were stolen, and Cardano’s response team worked effectively to mitigate the risks. Imagine being hacked and the CEO […]

European Binance users logging into their mobile app on Wednesday were greeted with an unsettling message indicating that certain services were no longer available in their region. This sudden change comes as new cryptocurrency regulations on the Old Continent officially take effect at the end of June. Binance, acting proactively, has already blocked access to […]

Solana has been thrown into a tailspin after a shocking revelation: its daily stablecoin volume may have been significantly inflated. Reports indicate a staggering drop – from a dizzying $75-100 billion to a mere $7 billion in a 24-hour period. This dramatic shift has unsettled the crypto community, raising serious questions about the legitimacy of […]

Bitcoin price is increasingly low versus its 200-day moving average — a key “buy the dip” signal, per the classic BTC price indicator.

Following serious sell-offs in the past months, Arbitrum ARB looks extremely oversold on a daily scale with no signs of recovery. However, it has found temporal support above $0.7 but is yet to signal a buy. Three weeks ago, ARB lost the key $1 level after witnessing a lot of roller coaster for months. It […]

[PRESS RELEASE – Dubai, United Arab Emirates, June 27th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, is proud to announce its recognition as the recipient of the prestigious Banking and Finance – Innovative Collaborations and Partnerships Achievement Award at the MEA Business Awards 2024. This award celebrates Bybit’s groundbreaking initiative and the Blockchain […]

The VC giant has fired several investors who are focused on fintech and crypto

Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the […]

TL;DR VanEck has filed an application with the SEC to launch the first exchange-traded fund (ETF) dedicated to Solana (SOL) in the U.S. market. Following the announcement, SOL’s price has immediately surged by nearly 8%, reaching $147.69 since the S-1 form was published. SOL is considered a digital commodity comparable to Bitcoin and Ethereum due […]

Cryptocurrency companies have assembled over $160 million that they plan to deploy to support political candidates who support the industry, …

Cardano (ADA) is currently experiencing a downward trend, with its price approaching the crucial support level of $0.3389. The cryptocurrency market has been under significant bearish pressure, and ADA is no exception.  This decline is fueled by a mix of macroeconomic factors, market sentiment, and technical indicators pointing to continued weakness. As Cardano nears this […]

Binance has announced a significant transition for its United Arab Emirates (UAE) users. Following the receipt of a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), Binance will migrate all UAE resident accounts from its global platform to the locally regulated Binance FZE exchange (Binance Dubai). UAE Residents to […]

BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive.

The chief investment officer (CIO) of Bitwise Asset Management, Matt Hougan, expects spot Ethereum (ETH) exchange-traded funds (ETFs) to draw in billions of dollars in inflows within months of getting approved by the U.S. Securities and Exchange Commission (SEC). In a new memo to investors, Hougan says he’s anticipating at least $15 billion in net […]

Analyst and trader Ali Martinez is saying that Bitcoin (BTC) is flashing a bullish signal amid the flagship cryptocurrency resting at a level last witnessed in early May. Martinez tells his 65,300 followers on the social media platform X that every time the Relative Strength Index (RSI) indicator has slid into “oversold territory” over the […]