Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.

TL;DR Market expectations of a potential rate cut by the Federal Reserve have driven up the prices of several cryptocurrencies. The price of Bitcoin (BTC) rose by 1.7% to $61,500 and briefly exceeded $62,000 following Jerome Powell’s comments about a potential interest rate cut. Ethereum (ETH) and Solana (SOL) also saw increases, with ETH rising […]

TL;DR Charles Hoskinson criticized the U.S. political and economic system, releasing a video proposing a shift towards decentralized governance. Hoskinson questioned the current political system’s ability to address serious issues and criticized the Democratic National Committee for blocking third-party candidacies. He plans to organize a global assembly to draft a new constitution that serves as […]

As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and crypto payroll platform Bitwage announced it now serves over 4,500 registered companies and 90,000 registered users that leverage its services […]

Top 5 Cryptos to Monitor in 2024: Avalanche, Tron, Toncoin, Cardano, & BlockDAG The crypto market is continuously evolving, and some projects really stand out with their cutting-edge features and growth potential. Let’s delve into the top 5 cryptos to keep an eye on in 2024: Avalanche, Tron, Toncoin, Cardano, and BlockDAG. From Avalanche’s rapid […]

The business week ends with high levels of volatility as bitcoin’s price soared to almost $64,000 for the first time since the start of the month. This rally, which was mostly mimicked by the altcoins, was possibly fueled by the latest developments on the US front and its central bank in particular. CryptoPotato reported earlier […]

A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in late 2024 or early 2025. This pessimism comes despite the CBN injecting millions into the forex market. The naira’s depreciation has fueled inflation, sparking protests. While most businesses are pessimistic about the naira’s immediate future, […]

Bybit has released its inaugural report on The Open Network (TON) ecosystem. This report provides an update on TON’s efforts to integrate nearly one billion Telegram users into Web3. The report outlines TON’s approach to ecosystem development, which includes a collaboration with Telegram. This partnership aims to boost adoption through a range of casual games […]

Crypto analyst @XForceGlobal shared a new video chart analysis focused on Cardano (ADA), a cryptocurrency that many are dismissing as a “dinosaur coin” at the moment. In the analysis, XForceGlobal (@XForceGlobal) provided an in-depth look at Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the of entering a strong upward […]

With the rise of the cryptocurrency market, AI offers new opportunities in addressing the complexity and volatility inherent in digital assets. As the …

The AMOS stealer targeting Mac users can now clone Ledger Live software and may soon clone other wallet apps, warns cybersecurity firm Moonlock.

The permabull believes that Bitcoin could be on track to replace gold

A group of investors have launched a class action lawsuit against Binance and its former CEO Changpeng Zhao (CZ) claiming the exchange allowed thieves to launder their stolen assets by failing to implement proper anti-money laundering protections. The investors allege that if not for Binance providing a platform for criminals to easily launder stolen assets, […]

After reaching new all-time highs earlier this year, Bitcoin has entered a multi-month period of choppy price action, leading many to wonder if the bull cycle is over. In this article, we dive deep into key metrics and trends to understand if the market is just cooling off or if we’ve already seen the peak […]

HodlX Guest Post  Submit Your Post   Amid soaring inflation rates that continue to impact the cost of living, it’s impossible to know for certain when inflation will slow down. Until then, populations continue facing significant financial strain while grappling with the rising cost of living. Given these circumstances, it’s clear that not everyone can afford […]

A widely followed analyst and trader who accurately predicted the 2018 Bitcoin (BTC) bottom is expressing bullish sentiment on a top-10 crypto asset by market cap. The analyst and trader pseudonymously known as Bluntz tells his 269,700 followers on the social media platform X that BNB has a bullish-looking chart on the weekly time frame. […]

TL;DR Ethereum ETFs Face Record Outflows: Spot Ethereum ETFs in the U.S. saw their longest outflow streak since inception, with $92.2 million withdrawn from August 15 to August 21, raising concerns about market confidence. Grayscale Leads Withdrawals: The Grayscale Ethereum Trust (ETHE) was a major contributor, with $158.6 million in outflows, overshadowing inflows into other […]

The Dencun upgrade in March 2024 was a significant milestone for Ethereum, but it also brought about unforeseen challenges, particularly for Layer 2 networks. Christine Kim, a researcher at Galaxy, highlighted that this upgrade inadvertently led to an increase in transaction failures across these networks. Ethereum’s Layer 2 Networks Face Challenges Kim’s August 21 analysis, […]

The global cryptocurrency exchange Bitget has partnered with KoinX, a renowned provider of crypto tax reporting solutions. This collaboration aims to enhance how Bitget users manage their tax obligations and help them better comply with local regulations. Alliance to Simplify Compliance According to the official statement, the partnership between Bitget and KoinX could have tax-related […]

The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its […]

The last 48 hours mark the most volatile session in the market since Avalanche started to recover two weeks back. It appeared strong on the week but bias remains bearish on the monthly scale. Last week’s trading was painful as Avax briefly turned weak after posting small gains from the monthly low. However, things turned […]

Yellow Card, a leading stablecoin platform, has partnered with Fireblocks, a digital asset infrastructure provider, to improve cross-border transactions in Africa. By leveraging Fireblocks’ technology, Yellow Card aims to provide secure and efficient on-chain solutions for businesses and individuals. This includes using Fireblocks’ Wallets-as-a-Service (WaaS) to manage and protect customer assets. This partnership addresses the […]

The scalability of financial technologies depends on legal system adaptability. India, with 93 million cryptocurrency owners, …

Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal over interest rate cuts.

Market is indeed seeing recovery, but its fundamental strength could be gone

Cryptocurrency analyst and trader Kevin Svenson is saying that two catalysts could have bullish implications for Bitcoin (BTC). Svenson tells his 79,100 YouTube subscribers that the stock market and the global money supply are “supporting the idea of a rebound, a recovery, possibly new all-time highs” for Bitcoin. “The S&P 500 [stock index] has defied […]

Crypto strategist Michaël van de Poppe believes that Bitcoin (BTC) is heading for new all-time highs (ATHs) if it breaks through one key level. The analyst tells his 723,200 followers on the social media platform X that if Bitcoin bounces 2.25% from its current value it could hit a new ATH by early September. “It […]

Bitcoin was not a big topic at the Democratic National Convention (DNC) this week. None of the speakers at the event uttered a word about the electronic cash system or other crypto assets from the event’s main stage at Chicago’s United Center. And you’d have been hard pressed to have overheard a conversation on Bitcoin […]

PayPal is stepping up its game in the crypto world by partnering with Anchorage Digital to offer rewards for holding its stablecoin, PYUSD. This move aims to attract institutional investors by giving them a reason to keep PYUSD in their portfolios.  Source: https://cryptoslate.com/ Anchorage Digital, the only U.S. crypto firm with a federal bank charter, […]

Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and […]

TL;DR No IPO Plans: New CEO Richard Teng confirms Binance has no plans for an IPO, emphasizing the company’s strong financial position and profitability since its early months. Focus on Compliance: Binance has increased compliance spending by 36% to build better relationships with global regulators and aims to transform into a board-led organization. Addressing Past […]

TL;DR The crypto industry has invested over $119 million in the 2024 elections to support pro-crypto candidates, with Coinbase and Ripple leading the donations. Some controversy has arisen over corporate influence in politics. Since 2010, the crypto sector has contributed $129 million in political donations, representing 15% of all corporate spending on federal elections. The […]