Brazil has banned X due to the app’s failure to comply with court orders and allegedly disseminating harmful content. This has raised concerns about censorship and the balance between regulation and freedom of expression. In response to Brazil’s ban, Charles Hoskinson said he plans to recruit Brazilian developers to build a truly decentralised alternative, without […]

The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss. 

Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant pressure in recent weeks. As its price continues to fluctuate, analysts have been observing its market signals to determine whether the current phase is one of accumulation or distribution. According to a recent analysis by CryptoQuant analyst Shayan, the Ethereum exchange reserve metric, which […]

A US bank is reportedly setting aside an additional $2.6 billion while preparing to pay a major penalty to regulators. TD Bank is being investigated over accusations that Chinese gangs relied on the lender to launder $650 million worth of illegal narcotics proceeds from 2016 to 2021. Now, the bank is preparing for a total […]

The U.S. Securities and Exchange Commission (SEC) is signaling potential objection to FTX’s proposed plan to repay creditors with stablecoins. In a new official court filing, the SEC acknowledges that FTX’s Chapter 11 repayment plan may not be illegal while maintaining that the regulatory agency has the right to challenge any transactions involving crypto. “The […]

September’s Bitcoin crash? Not so fast — surprising ETF inflows, shrinking sell-offs and bullish regulations could flip script

The TON blockchain recently announced it has reached a milestone, registering a billion completed transactions on its network. Through its social media channels, the TON network team explained that half of this volume had occurred during the last three months. The project has benefited from the activity generated by projects such as Notcoin and Dogs […]

This transition highlights the fluidity of the cryptocurrency market and the potential for new technologies to disrupt existing paradigms. While …

BlockDAG Teams Up With Italian Soccer Club – Inter Milan: Is This the Crypto Set to Hit $1? Plus, Insights on Bitcoin and XRP Prices Bitcoin Cash investors have recently faced a storm, with their investments plummeting by 33%. XRP is also treading on thin ice, currently priced at an uneasy $0.595. While the broader […]

The TON blockchain processed over 46 million transactions last week, a significant surge fueled by the excitement surrounding the DOGS airdrop, according to the latest data shared by IntoTheBlock. This impressive activity highlighted the growing interest and engagement within the TON ecosystem, as users scrambled to participate in the airdrop, driving up transaction volumes to […]

A wallet address associated with the WazirX hacker has transferred $6.5 million worth of stolen ETH to Tornado Cash as the exchange opens up withdrawals to users ahead of time. 

TL;DR Despite initial concerns about a historic crash, Solana’s transaction volume has stabilized and returned to normal levels. SOL price, after dipping below $126 in August, has shown signs of recovery, with the RSI suggesting a possible decrease in selling pressure. September has historically been a bearish month for major cryptocurrencies, which could impact Solana’s […]

TL;DR Digital asset investment products experienced outflows totaling $305 million, driven by strong macroeconomic data in the U.S. Bitcoin suffered the largest outflows with $319 million, although short BTC investment products saw inflows of $4.4 million, the largest positive flow since March. Ethereum experienced outflows of $5.7 million and stagnant trading volumes, while Solana saw […]

Adam Back reports whales buying large amounts of BTC since OG’s dip below US$58K. In August, large holders accumulated over 133,300 BTC from smaller traders. Whale wallets increased by 283, reaching a 17-month high of 16,120 such wallets. 13 of the top 25 new ETF launches in 2024 are Bitcoin or Ethereum-related, underscoring institutional confidence. […]

The broader cryptocurrency market has endured significant corrections over the past six months, primarily driven by the two largest digital currencies: Bitcoin (BTC) and Ethereum (ETH). Dogecoin (DOGE), the leading meme coin, has not escaped this trend, experiencing a marked decline in value. Dogecoin Price Faces 55% Decline Since March High Since reaching a yearly […]

A popular analyst says he’s feeling bullish on crypto for the end of this year and is updating his outlook on Ethereum (ETH) and Solana (SOL). The pseudonymous trader known as Altcoin Sherpa tells his 222,400 followers on the social media platform X that he’s expecting a “full send” phase for crypto around December or […]

Macro guru Hugh Hendry believes there’s a solid chance that Bitcoin (BTC) will ignite a nearly 240% surge but notes that he’s also prepared in case the crypto king corrects. In a new interview with independent journalist David Lin, Hendry says that while he’s not an expert in the intricacies of Bitcoin and crypto, he […]

September will be enormous in terms of volatility for cryptocurrency market, and abundance of financial events shows why

BlockDAG has managed to capture the spotlight again with its second big-ticket football deal, the latest being the crypto company’s partnership with Italian giant Inter Milan. Although the exact financials of the deal were not revealed, it was labeled a “multi-million dollar sponsorship deal.” Crypto Money Is Flowing into Football The sponsorship deal with Inter […]

The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that was hidden within the same building. ANDE officers intervened and removed this illegal connection, estimating that it […]

The path to wide acceptance as a mainstream asset may be slow and twisting. Advertisement. Cryptocurrency.

Telegram tap-to-earn games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev.

A widely followed crypto analyst is warning that  Bitcoin (BTC) and crypto could be seeing red this month based on historical seasonality. In a new video update, crypto strategist Benjamin Cowen tells his 810,000 YouTube subscribers that September has historically delivered negative returns for BTC more often than not. 1:30:- “I started noticing a pattern […]

Digital assets manager CoinShares says that institutional crypto investors pulled millions in capital from digital asset products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products suffered $305 million in outflows last week driven by strong economic data releases. “…with widespread negative sentiment evident across various providers and […]

Last week saw Bitcoin through another major decline but after a lot of indecisiveness around a key level, it finally broke lower and closed the week strongly bearish. It currently looks ready for a bigger fall. We recall that August started painful for Bitcoin after falling from $70k in the preceding month but things later […]

On Sept. 2, crypto analyst ‘Titan of Crypto’ showed his 90,000 X followers a technical pattern unfolding that has never been seen before. A golden cross is forming between the 100-day moving average and the longer time frame 200-day moving average. A typical golden cross is when a shorter time frame moving average like a […]

Floki Inu (FLOKI), a popular meme coin, has been making headlines, but not necessarily for positive reasons. The Floki Inu (FLOKI) price has plunged more than 6% in the last 24 hours, extending its negative weekly streak, with the token down 24% over the last seven days. This sharp decline has led many Floki Inu […]

TL;DR BTC ended August down 8.6%, failing to reclaim the $65k level. ETH performed even worse, dropping 22.2% due to selling allegedly done by Jump Trading. For September, a historically bearish performance is expected with a possible drop to ~$55k; however, strong support is anticipated around $54k. The month of August ended with significant losses […]

TL;DR Taiko will be conducting a large token release with its community airdrop, increasing the TAIKO supply by 15.8%. Immutable will unlock $40.92 million in tokens on September 6, earmarked for project development. Cheelee and MODE will also experience significant token unlocks, with potential negative impacts on their prices. In September 2024, the cryptocurrency market […]

While Bitcoin and Co struggle price-wise, the crypto asset class as a whole enjoys steady growth and mainstream adoption. One in five Australians now invest in crypto, favouring it over traditional assets like real estate. A new survey shows 61% of Australian crypto investors saw net gains in 2024, a 32% increase from the previous […]

Can traders expect local growth from Bitcoin (BTC) next week?

Wall Street Bitcoin (BTC) miners faced their toughest month of the year in August, with revenues plummeting to levels not seen since September 2023. The downturn highlights the growing challenges in the cryptocurrency mining sector, as increased competition and technical hurdles continue to squeeze profit margins. Bitcoin Mining Revenue Slumps to 11-Month Low According to […]