TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million. Injective has announced the launch of AUSD, […]

BlackRock’s IBIT ETF has now exceeded US$30 billion in value, making up 42% of all BTC held by US Bitcoin ETFs. Recent data shows massive inflows, with IBIT leading global ETF cash receipts last week. Bloomberg’s Eric Balchunas notes IBIT’s significant inflows amidst US ETFs nearing a yearly flow record. Despite ETF success, Bitcoin’s price […]

VanEck with its robust crypto ETFs is now diving deeper into crypto, expanding its interest into Web3 gaming. VanEck’s Matthew Sigel likened Bitcoin investment to the ever-growing video game industry in a recent interview. The company recently announced a collaboration with Gunzilla Games to invest in a blockchain-based gaming platform. Earlier in 2024, VanEck joined […]

Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” says that Bitcoin is making him richer

Follow Nikolaus On X Here A couple of summers ago, I used to order lunch via Grubhub while working long days in the office. When ordering, I always made sure I was logged into Lolli, a bitcoin rewards platform with a browser extension, so that I earned sats back on my purchases. I eventually stopped […]

An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies. 

Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element. The company reported that it is currently working on substituting the traditional petrol-based heating elements of a building for a system that recycles the heat produced by bitcoin miners in a […]

A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed. On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI). “I think SEI […]

HodlX Guest Post  Submit Your Post   A couple of years ago, it seemed that the Web 3.0 industry was on the verge of collapse – high-profile scams, hacks and exchange collapses threatened to undo the industry. Major outlets like the New York Times and Bloomberg were even preemptively announcing the end of crypto. The tragic […]

BTC’s inability to break its own all-time high has resulted in a massive rejection that pushed it south hard to under $69,000 earlier today. The altcoins have followed suit, which has harmed over-leveraged traders, with more than 90,000 such market participants getting wrecked in the past day. Bitcoin/Price/Chart 01.11.2024. Source: TradingView The primary cryptocurrency was […]

Emerging cryptocurrency industry aims to put its stamp on the U.S. election by pouring money into key political races.

Bitcoin is currently trading above $69,000, following a 6% pullback from its recent peak at $73,600. The recent surge in open interest has been a key factor in driving BTC’s price action, with open interest reaching $23.9 billion on October 30, a significant uptick that indicated high market engagement.  However, in the past 24 hours, […]

Documents filed by Reddit with the U.S. SEC reveal that the social media platform has sold the majority of its cryptocurrency holdings in Q3 2024, including reserves held in Bitcoin and Ethereum. This marks a shift in strategy for Reddit, which previously held these assets for financial reserves. The move could indicate a cautious approach […]

The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.

New Coinbase earnings review reveals real picture of Bitcoin vs. Ethereum

If you need to sell Tether USDT for Euro cash in Marbella, Spain, use the usual electronic exchange mode. Such services can have several significant translations: the ability to convert stablecoins into euro for a fast rate, ensuring the most profitable operation; low commission for the service provided; the ability to spend both days and […]

Victoria Police successfully implemented changes to the Confiscation Act in 23-24, according to a new report. The report outlines one case in particular, where VicPol gained control of nearly $150k in digital assets. The crypto became available as laws allow Victorian Police to search data storage devices for recovery phrases. These phrases were then used […]

Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia. Southeast Asia Investors to Dominate Fund Abu Dhabi firms Realize and Neovision Wealth Management have unveiled an investment fund that acquires units […]

Paxos has expanded its stablecoin offerings with the launch of Global Dollar (USDG), a US dollar-backed stablecoin that aligns with Singapore’s upcoming stablecoin regulations. The company claims that this stablecoin is “designed to support the needs of regulated institutions.” A Regulatory-Compliant Stablecoin Announced today (Friday), Paxos’ Singapore-based subsidiary, which is regulated by the Monetary Authority […]

A closely followed crypto analyst says is turning bullish on Bitcoin (BTC) as the flagship crypto asset hovers above $70,000. In a new strategy session, trader Michaël van de Poppe tells his 734,900 followers on the social media platform X that Bitcoin could see a 10% to 38% rise in price between now and the […]

Cryptocurrency-seeking hackers are increasingly targeting macOS users. So warn security researchers as they track a rise in macOS backdoors and …

The Dogecoin price now looks like it has established support of around $0.17, having rebounded just below it in the past 24 hours. With the $0.17 price level cleared, the next step is a convincing break above $0.18. Interestingly, technical analysis of the Dogecoin price suggests a strong multi-year resistance level between $0.18 and $0.20. […]

The United States Court of Appeal for the Second Circuit has ordered the U.S. Securities and Exchange Commission (SEC) to file its principal appeal brief against Ripple Labs before January 15, 2025. This comes after the agency requested a deadline extension until the said date. No More Delays Initially, the SEC missed its submission deadline […]

Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States.

Bitcoin’s recent performance has been impressive, with its price climbing over 8% to break the $73,000 mark. This rally has been fueled by factors like strong inflows into spot ETFs, renewed monetary easing across major economies, and growing optimism for crypto-friendly policies under a potential Donald Trump presidency. QCP: The price action for Bitcoin has […]

Scaramucci believes that the Bitcoin price still has a lot of room for growth

Follow Aaron on Nostr or X. Some things in Bitcoin are just not up for debate. The plural of bitcoin is also bitcoin— not bitcoins. (One bitcoin, two bitcoin, three bitcoin…) Bits is a better sub-denomination than sats. (100 sats is actually one bit, like a 100 cents is one dollar; being a wholecoiner makes […]

Wisesoft, a software company that builds air control programs, has doubled its share prices in the last month due to the association of its Chinese name with the victory of candidate Donald Trump in the upcoming U.S. presidential elections. Donald Trump Victory Stock Rises in Anticipation of Election Outcome Wisesoft, a company that builds software […]

The cooperation of Nishad Singh, the former chief engineer at the now-collapsed FTX, with the authorities was advantageous, as he was sentenced to time served along with three years of supervised release yesterday (Wednesday). He has also been ordered to forfeit $11 billion. Singh previously pleaded guilty to six counts of fraud and conspiracy for […]

Robinhood, a popular American financial services company, is finally out of the woods. In its third-quarter filing ending September 30th, 2024, the company disclosed its revenues were up by 165%, and its overall year-to-date (YTD) net deposits increased to $34 million. It’s a promising development for Robinhood Markets this quarter after facing plenty of challenges […]

Warsaw, Poland, November 1st, 2024, Chainwire Flipster, a global crypto derivatives exchange, has announced a collaboration with BNB Chain, a community-driven blockchain ecosystem, to offer fee-free withdrawals, aiming to democratize access to cryptocurrency trading. This collaboration builds on Flipster’s existing zero-fee trading model, aligning with both Flipster and BNB Chain’s shared mission to make cryptocurrency […]

The iconic fighting game Samurai Shodown, dating back to 1993, is returning as a blockchain MMORPG called Samurai Shodown R for 2025 release. Developed by LumiWave and SNK, the game will introduce dynamic NFTs that evolve with player progression and are managed on the Sui blockchain. Samurai Shodown R aims to abstract technical blockchain elements […]