Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many legitimate crypto businesses and startups operating in good faith. Davido Offloads Meme Coin Hours After Promoting It to Followers The Nigerian […]

Veteran Trader Peter Brandt expects 344% Bitcoin surge over gold in at least next 12 months

Today, large Japanese cryptocurrency exchange DMM Bitcoin reported a significant security breach resulting in the loss of 4,502.9 BTC, currently valued at over $300 million. The incident occurred at approximately 1:26 p.m. and involved unauthorized access to the exchange’s wallet. In an official statement, DMM Bitcoin said that measures have been taken to prevent further […]

As the defunct cryptocurrency exchange Mt. Gox prepares to distribute around $9 billion worth of Bitcoin, some investors are worried about the potential impact on prices. However, industry experts and major creditors believe that any short-term volatility will be outweighed by BTC’s long-term bullish prospects.  With the approval of US spot Bitcoin exchange-traded funds (ETFs), […]

The inclusion of staking in filings for Ether ETFs could have been an indication that regulators want to keep a back door open for future scrutiny.

Ripple CEO Brad Garlinghouse anticipates the approval of XRP, Solana, and Cardano ETFs, calling it inevitable after recent Ethereum ETF approvals. SEC Chair Gary Gensler faces criticism for unclear responses on crypto regulation, despite being asked directly about Ethereum’s security status. Ripple donates US$25 million to influence positive crypto sentiment amidst regulatory uncertainties and potential […]

The SEC accelerates Ethereum ETF approvals, requesting S-1 forms by Friday for imminent trading. Early filers like VanEck and BlackRock prepare for trading as analysts predict quick approval post fine-tuning. Recent events indicate crypto is becoming more politicised as candidates seemingly throw their support behind the nascent asset class. Approval of Spot Ethereum exchange-traded funds […]

The price of Stargate Finance’s token, $STG, skyrocketed by 69.53% in just two hours following its listing on Upbit, South Korea’s largest cryptocurrency exchange. This surge was fueled by the introduction of the STG/KRW trading pair, which significantly boosted investor interest and trading activity. With this substantial price increase, Wallet 0x22d, likely belonging to an […]

A coordinated operation to uncover an intricate cryptocurrency scam led to the arrest of a suspect in France. The investigation in Portugal, …

Crypto analyst Crypto Jack has suggested that Solana-based meme coin Dogwifhat (WIF) could soon witness a catastrophic crash. He noted what needs to happen for the meme coin to avoid this significant price decline.  How Dogwifhat’s Price Could Crash Significantly  Crypto Jack mentioned in an X (formerly Twitter) post that Dogwifhat’s price needs to stay […]

Chain-hopping meme coin Dogeverse is now in the final 3 days of its presale after selling more than $15 million worth of $DOGEVERSE tokens. The token will list simultaneously on decentralized exchanges on 6 of the biggest blockchain networks, including Ethereum, Solana, Polygon, Avalanche, Base, and Binance Smart Chain. The Dogeverse launch could be one […]

Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging markets, and sharing the revenue obtained with partners integrating AUSD in their services platforms. […]

Once approved, Ethereum Spot ETF might be met with siginficantly lower demand compared to Bitcoin-based products, US banking major says

Yesterday, Nostr users from around the US came together at New York City’s premiere Bitcoin bar PubKey for Nostr Village, a mini-conference focused on the open protocol that enables global, censorship-resistant social media and more. Who’s coming to #NostrVillage tomorrow? It’s a day of censorship resistant value for value creative expression and zaps, and it’s […]

TL;DR Mastercard’s “Crypto Credential”: Mastercard has launched a new service that simplifies crypto transactions by allowing users to use easy-to-remember aliases instead of complex blockchain addresses, enhancing security and accessibility. User Verification and Safety: The service includes a verification process for users and ensures transactions only proceed if the recipient’s address is compatible, preventing loss […]

TL;DR The stablecoin market reached a capitalization of $161 billion in May, the highest level in 24 months, although its dominance fell to 6.07% from 7% in March. Athena USDe and Tether (USDT) showed strong growth, with market capitalizations of $2.61 billion and $111 billion, respectively. The market has managed to recover from the losses […]

Reasons for BTC’s weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate’s anti-crypto lobby.

A widely followed crypto analyst believes one artificial intelligence (AI) focused altcoin project is about to outperform the broader market. Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that decentralized GPU rendering blockchain Render (RNDR) has a strong-looking market structure. “RNDR: still a fine place to just buy […]

JPMorgan Chase CEO Jamie Dimon just issued a major warning on where he believes the US economy is heading. At AllianceBernstein’s Strategic Decisions conference, Dimon said he’s betting unchecked government spending will end in stagflation – the term for a dreaded combination of high inflation, high unemployment and low growth, reports Fortune. “I look at […]

Starting this Saturday, cryptocurrency trading platforms wishing to offer their services in Hong Kong will no longer be able to use the “grace period” set by the local regulator. If they have not obtained a license or applied for one by June 1, they will be committing a criminal offense. SFC Warns Virtual Asset Trading […]

As the 2024 US presidential race comes toward its zenith, several candidates are unveiling their plans for regulating crypto if they get elected. RFK, a historically pro-crypto politician, has sparked the community into a frenzy after claiming he was an ‘Ape’ following a massive GME stock purchase. At a recent press conference during Consensus, RFK […]

Tron (TRX) Dips, AVAX Surges; BlockDAG Emerging as Top Long-Term Cryptocurrency Investment Choice for 2024  The crypto market remains volatile following the recent approval of Ethereum ETFs. Altcoins like Avalanche and Fantom are grabbing attention with significant whale movements, while Tron faces a potential price correction. However, BlockDAG (BDAG) is emerging as a standout layer […]

Nigerian music star, David Adeleke, popularly known as Davido, has ventured into the cryptocurrency arena by launching his own meme coin, $Davido.

Ethereum price extended its decline and tested the $3,720 support. ETH is now consolidating and facing many hurdles near the $3,800 level. Ethereum extended its decline and tested the $3,720 zone. The price is trading below $3,820 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $3,810 […]

The previous week was dominated by news and developments on the spot Ethereum ETF front, while the current one was taken over by Bitcoin exchange-traded funds. It almost felt inevitable after the launch of all US spot Bitcoin ETFs in early January that the BlackRock product will surpass that of Grayscale, which was actually converted […]

Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer larger transactions, lots of smaller transactions.” He noted […]

Bitcoin volatility might surge massively

Introduction: The latest Q1-2024 Hashrate Index Report by Luxor Technology delves into the Bitcoin mining sector’s performance after the Fourth Bitcoin Halving. This report offers critical insights into key metrics such as Bitcoin Hashrate, Hashprice, Hashrate Forwards, and Bitcoin Mining Stocks, highlighting the Bitcoin mining industry’s adaptability – and also the challenges that lie ahead […]

The co-founders of blockchain analytics firm Glassnode are expressing bullish sentiment on Bitcoin (BTC) as the flagship crypto asset lingers by around 8% below the all-time high. Glassnode co-founders Jan Happel and Yann Allemann who share the handle Negentropic on the social media platform X, say that Bitcoin could hit a new all-time high of […]

The WIF meme coin is trading below what some believe is a concerning price level, but many traders are seemingly “betting on a WIF bounce.”

TL;DR Vitalik Buterin has donated 30 ETH, valued at $113,000, to Juicebox to support the legal defense of Tornado Cash developers, Alexey Pertsev and Roman Storm. The defense fund has so far raised approximately 591 Ether, showing the community’s solidarity towards the persecuted developers. Tornado Cash, a crypto privacy tool, has been sanctioned by the […]

TL;DR Orbs has launched Perpetual Hub, a solution for on-chain perpetual futures trading, aiming to maximize capital efficiency and trading value. Perpetual Hub leverages Orbs’ L3 technology to provide centralized finance (CeFi) execution within decentralized finance (DeFi), The platform includes Hedger, Liquidator, and Price Oracle components, designed to assist traders in optimizing their operations. Orbs, […]