Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand, starting June 24. Tether Announces Change to Community-Driven […]

Bitcoin’s troubles continue as bearish sentiment prevails on market

CoinStats says North Korean hackers drained $2 million in virtual assets from 1590 cryptocurrency wallets.

A closely followed crypto analyst says one Bitcoin (BTC) indicator is flashing green despite the Monday correction below $60,000. Pseudonymous analyst TechDev tells his 460,100 followers on the social media platform X that a key indicator is suggesting Bitcoin may soon go parabolic. “There’s only one other time in Bitcoin history when the two-week Gaussian […]

Top US crypto exchange Coinbase is adding support for an altcoin project that saw massive gains earlier this year. In an announcement via the social media platform X, Coinbase says it’s adding Core (CORE) to its trading platform. “Core is now live on Coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can […]

Bitcoin dropped to as low as $60,000 in the last 24 hours, and although the flagship crypto has reclaimed that level, crypto research firm 10x Research predicts that BTC can still go lower soon enough. The firm also outlined several factors that support this bearish outlook.  Bitcoin Could Drop To As Low As $50,000 10x […]

The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant.

Bitcoin’s price has been on a rollercoaster throughout the past couple of days, resulting in hundreds of millions of liquidations across the board. Traders and analysts are now speculating on what’s next, with Willy Woo giving some insights on BTC’s short-term price targets. BTC Bounces Back Above $61K The BTC price went off a cliff […]

Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion since the announcement. This rise occurred even as bitcoin […]

Bitcoin is showing signs of potential trend aggravation, but what will it really bring?

Digital assets manager CoinShares says crypto products bled out last week for the second time in a row to the tune of $584 million. In its latest Digital Asset Fund Flows report, CoinShares says institutional investors have shaved off $1.2 billion in crypto investment products in the last two weeks. “Digital asset investment products saw […]

GDMining, a leading cloud mining platform founded in 2021, is committed to providing efficient and profitable cloud mining services. Located in St Asaph, UK, GDMining has built a reputation for reliability and user-friendliness, attracting a global user base. GDMining offers a streamlined process for individuals interested in cryptocurrency mining. The platform’s three-step approach ensures that […]

Elite Mining upgrades with rapid 120-second payouts and expands its cryptocurrency offerings, enhancing miner efficiency and choice. Bayard, Iowa – …

The current Shiba Inu price action might be leaving some investors wanting, particularly as the crypto has now extended its 30-day losses by over 30%. However, recent on-chain data and technical analysis indicate that the patience is about to pay off. To be more specific, the current price downturn has seen Shiba Inu entering the […]

The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs.

CoinShares, a European digital asset-focused investment company, has sold its claim from bankrupt crypto exchange FTX at a net recovery rate of 116 percent. Announced today (Monday), the company will receive a return of £31.32 million on a £26.6 million claim after the customary closing conditions. Recovery with a Profit “The resolution of the FTX […]

It feels like this year is going by at the speed of light, doesn’t it? I can hardly believe that it’s already June. Everyone is in vacation mode and ready to relax by the pool and forget the daily grind of work and taking care of a family. I completely understand the sentiment. Who doesn’t […]

A bad actor has reportedly hacked into rapper 50 Cent’s X account and stolen millions of dollars worth of crypto after promoting a pump-and-dump scheme. According to a new report by Fox Business, the rap artist says that his social media account was hacked by a scammer who made away with $3 million in under […]

The founder of venture capital firm Pomp Investments, Anthony Pompliano, is predicting Bitcoin (BTC) will see a boost from artificial intelligence (AI) over the next decade. In a new interview on CNBC Television, Pompliano says that the wealth generated from the AI sector could funnel into Bitcoin as a preferred store-of-value asset. “A couple of […]

Shiba Inu (SHIB) was also affected by the volatility in the crypto markets during the past 24 hours. As CryptoPotato reported, at one point, the popular meme coin was down by about 6.4% yesterday. Like most other altcoins, SHIB is currently recovering, trading at a 3% gain compared to yesterday’s price. Source: TradingView Data from CoinMarketCap reveals […]

Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to buy more bitcoin, emphasizing that “all markets go up and down.” The famous author noted that his strategy is similar to Berkshire Hathaway CEO Warren […]

Breaking: Bitcoin lost in hack back in 2011 will finally be redistributed

The news of an upcoming distribution of bitcoin owed to former Mt. Gox customers has furthered the cryptocurrency's price decline this month.

The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% drop today, breaking from its […]

The Solana price has experienced a sharp decline over the past month in line with the broader market correction, intensifying concerns as rumors of a potential investigation into the popular blockchain platform have recently surfaced. Regulatory Storm Brewing?  In a social media post on X (formerly Twitter), market expert Crypto Bitlord, who has a considerable […]

The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash.

A closely followed crypto analyst says that one key indicator could be suggesting an incoming correction for Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that the price action of gold could be hinting at a large dip for the top crypto asset by market cap. . […]

The crypto firm behind the largest USD-pegged stablecoin by market cap says it is shifting focus to community-driven blockchains. According to a new press release from Tether, the firm behind USDT, the company always takes “community interest” into consideration when evaluating a blockchain. “Community interest plays a pivotal role when we bring USDT to specific […]

TL;DR Bitcoin has dropped more than 5.9% following Mt. Gox’s repayment announcement, falling below $60,300 and dragging the entire market along with it. Mt. Gox, once the largest BTC exchange platform, will begin returning 140,000 stolen BTC from 2014, along with 143,000 BCH and $510 million in fiat. Investors speculate on the impact of these […]

Over half of Japanese institutional investors plan to invest in digital assets within the next three years, according to a new survey by Nomura Holdings and its digital asset subsidiary Laser Digital. Japanese Institutional Investors Warm to Digital Assets, Survey Finds The study, which polled more than 500 investment managers from institutions, family offices, and […]

At the most recent Bitcoin++ developer conference in Austin, TX, Bitcoin Magazine’s Alex B. sat down with Michael from Boltz and Tiero from Ark Labs to discuss the latest developments in Bitcoin’s technology ecosystem, particularly focusing on Lightning Network, Liquid, and emerging technologies like Ark. The Journey and Challenges of Lightning Reflecting on the journey […]

Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin and crypto through its various agencies. However, he noted a recent shift in its stance, likely due to the […]