Argentine President Javier Milei denied any wrongdoing regarding his involvement in Libra, a cryptocurrency he shared on social media, the price of which tanked hours later. Milei stated that he didn’t endorse Libra and compared this investment to going to the casino. Milei Refers to Investing in Libra as Going to the Casino Argentine President […]

Bitcoin’s most important sentiment indicator finally reset

FTX has started repaying creditors today (Tuesday), beginning with those in the “Convenience Class.” This group includes creditors with claims of $50,000 or less. These individuals will receive full repayment along with 9% annual interest accrued since November 2022. FTX has partnered with BitGo and Kraken to process the payments. Funds are expected to reach […]

The cryptocurrency market has entered a new phase, defined by record-breaking milestones and regulatory shifts that are reshaping opportunities for …

The chief executive of crypto asset management firm Bitwise believes that 2025 will be a pivotal year for Bitcoin (BTC). On the social media platform X, Hunter Horsley lists seven reasons why he expects Bitcoin to witness a massive breakthrough this year. According to Horsley, he expects Bitcoin to see more capital inflows this year […]

The universe of cryptocurrencies is a sea of speculation, and occasionally, the truth takes a bit of unearthing to surface. The recent investigation has turned up a bunch of murky connections between the short-lived but notorious tokens MELANIA and LIBRA and the same sketchy team of creators. What appeared to be separate, unrelated, and isolated […]

In a post shared on X with his 700,000 followers, market veteran CRYPTO₿IRB (@crypto_birb) outlined what he believes could be one of Bitcoin’s final major pullbacks before an eventual surge to a six-figure price target. In his own words: “BTC LAST DIPS BEFORE $273K? Here’s why:” He backed up this claim with a series of […]

Elon Musk plans to send a Tesla Bot with Grok AI to Mars by late 2026.

TL;DR Standard Chartered, Animoca Brands, and HKT have teamed up to launch a Hong Kong dollar-backed stablecoin. The new stablecoin aims to streamline both domestic and international payments, leveraging the banking infrastructure and mobile payment expertise of the partners. Hong Kong is advancing its stablecoin legislation, providing a regulatory framework that fosters innovation while ensuring […]

TL;DR Kim Wong defended Pi Network’s legitimacy, highlighting its global adoption and compliance with identity regulations. Doubts persist regarding its referral-based mining model and an alleged data breach in 2021. Its token has gained presence on exchanges like OKX and Bitget, while rumors about a possible Binance listing continue to grow. Pi Network remains at […]

The president of Argentina is facing a potential impeachment trial over his alleged role in a memecoin pump-and-dump scheme. Late last week, in a now-deleted post, Argentinian President Javier Milei announced the launch of LIBRA, a token supposedly designed for “encouraging the growth of the Argentine economy,” along with a Solana (SOL) contract address. LIBRA’s market […]

International digital asset management firm CoinShares says institutional crypto investors have finally ended their post-US election 19-week crypto buying spree. According to Coinshares, institutional whales pulled over $415 million out of crypto products last week after nearly 20 weeks of inflows. “Digital asset investment products saw their first significant outflows, totaling $415m, following an unprecedented 19-week […]

Solana (SOL) has been downtrending and retracing heavily over the past month. The asset has declined 40% since its Jan. 19 all-time high of $293, and the trend seems set to continue as meme coin mania fades. Moreover, SOL is down a further 8% on the day, falling below $170 for the first time since […]

If memecoins are considered commodities and not securities, then investors can’t sue for insider trading, says Bitwise Head of Alpha Strategies Jeff Park. Insider Trading May Not Apply to Certain Memecoins, Says Bitwise Executive Bitwise Head of Alpha Strategies Jeff Park on Monday said memecoin rug-pulls are not always illegal, while adding the caveat that […]

John Reed Stark says that the SEC crypto-enforcement is “as dead as Julius Caesar”

Cryptocurrency scams are on track to reach an unprecedented $12.4 billion in 2024, with artificial intelligence and sophisticated investment schemes driving the surge, according to new data from blockchain analytics firm Chainalysis. Crypto Investment Scams Set to Hit Record $12.4 Billion in 2024 The firm’s latest report reveals that cryptocurrency-based fraud has already accumulated $9.9 […]

In recent years, the rise of cryptocurrency has transformed the landscape of charitable giving. As NGOs increasingly accept digital currencies, …

Indian authorities confiscated nearly US$190M in cryptocurrency linked to the Bitconnect Ponzi scheme, which defrauded thousands of investors worldwide before collapsing in 2018. Officials also seized cash, an SUV, and electronic devices in Gujarat, connecting them to individuals involved in the scheme The Ponzi scheme affected 4,000 investors across 95 countries and led to losses […]

The on-chain analytics firm Glassnode has revealed where the next Bitcoin support level could be based on different pricing models. Bitcoin Is Currently Retesting 1-Year MVRV Z-Score Mean In a new post on X, the on-chain analytics firm Glassnode has discussed about how BTC has been looking on a couple of pricing models recently. The […]

Fed Governor Christopher Waller says January had uneven progress on inflation, but if the year plays out similar to 2024, rate cuts could be on the cards later this year.

JPMorgan Chase employees are banding together to call on the bank’s CEO to back down on his demand for a full five-day in-office work week. In a new petition on CoWorker.org, JPMorgan Chase workers say CEO Jamie Dimon should reconsider the bank’s return-to-office (RTO) policy, and that the idea of remote work equating low performance […]

We may see a regulatory shift with the SEC and it could lead to positive price movements for XRP – we’ll explore the details below. Meanwhile, Bitcoin’s limitations in speed and scalability remain frustrating topics for users. PlutoChain ($PLUTO), a hybrid Layer-2 solution, could offer an answer by integrating faster transactions and smart contract capabilities […]

TL;DR After 19 consecutive weeks of capital inflows into digital asset products, the industry experienced a significant outflow of $415 million. The primary cause of these outflows was a more hawkish stance from the U.S. Federal Reserve and inflation data that exceeded expectations. Despite outflows in the U.S., countries like Germany, Switzerland, and Canada saw […]

Community-driven IP platform “Xross Road” and advanced AI technology provider “Allora Network” have formed a strategic partnership to accelerate business growth and success in the IP industry. Through this collaboration, the two companies will jointly develop next-generation AI x IP solutions leveraging AI technology to create a new dynamic between IP rights holders and the […]

The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of the industry is concentrated in twelve states, with Texas being the largest contributor. Economic and Social Benefits The study shows that Bitcoin mining in Texas generates […]

BRICS is set to dominate 40% of the global economy by 2030, while the West’s share shrinks to 27%, Russian Economic Minister Maksim Reshetnikov said. Global Power Shift: BRICS Economy Surges While the West Faces Sharp Decline The BRICS alliance is poised to reshape the global economy, with projections indicating it will account for around […]

Choppiness could be next phase on cryptocurrency market

The European Securities and Markets Authority (ESMA) has unveiled comprehensive guidelines requiring crypto-asset service providers to ensure their staff meet stringent knowledge and competency standards. This marks a significant step toward professionalizing the industry under Markets in Crypto-Assets (MiCA) regulation. ESMA Proposes Strict Knowledge Standards for Crypto Service Providers The proposed framework, released today (Monday) […]

Argentine President Javier Milei on Monday denied promoting a cryptocurrency that crashed, losing investors billions of dollars and prompting a …

Data shows the Correlation between Bitcoin and S&P 500 has declined to zero recently, a sign that BTC is no longer attached to the stock market. Bitcoin Correlation To S&P 500 Has Witnessed A Plunge Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the Correlation […]

A closely followed crypto strategist thinks that payments altcoin XRP is gearing up for a burst to the upside as it prints a bullish continuation pattern. Trader Ali Martinez tells his 126,300 followers on the social media platform X that XRP appears to be on the verge of a breakout as it forms a cup-and-handle […]

Dan Morehead is under federal investigation for allegedly misapplying Puerto Rican tax exemptions to classify US$850M+ in profits as tax-free. The US Senate Finance Committee is cracking down on wealthy individuals using Puerto Rico’s tax breaks to avoid US taxes, reinforcing that most gains remain taxable. Pantera Capital founder Dan Morehead is under federal investigation […]