[PRESS RELEASE – Amsterdam, Netherlands, August 22nd, 2024] Hivello, a leading aggregator of decentralized physical infrastructure networks (DePINs), has announced a strategic partnership with Mysterium Network, a pioneer in decentralized networking and VPN services. This collaboration aims to integrate MystNodes into the Hivello platform, driving mutual growth, enhancing network capabilities, and expanding user engagement within […]

The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly a billion in assets under management held locally, in partnership […]

Casts light on how shady crypto characters defraud consumers but offers little on how to control them.

Crypto wallets with easier sign-in options and recoverable passwords could become the industry standard in the future.

A closely followed crypto strategist believes that one top-10 altcoin is about to move another leg up. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that that he thinks BNB, the native asset of the DeFi protocol Binance Smart Chain, will witness higher prices this year. He also believes […]

A recent snapshot of Bitcoin’s holder landscape reveals intriguing insights. As of August 21, 8.08 million addresses held mere crumbs of BTC, worth less than $1, while a mere 10,130 addresses boasted impressive holdings of over $10 million. Meanwhile, a staggering 54.07 million addresses held BTC at its current price, with a significant 82.20% of […]

Bitcoin could be on verge of rally if this pattern plays out as expected

As the meme coin market continues to evolve, investors are always on the lookout for the next big opportunity. Recently, Base Dawgz (DAWGZ) has captured significant attention, particularly due to its impressive presale performance, which has now exceeded $3 million. However, despite the excitement surrounding Base Dawgz, a growing number of its holders are beginning […]

A decentralized finance (DeFi) platform based on the smart contract platform Solana (SOL) is drafting a proposal to settle with the U.S. Securities and Exchange Commission (SEC). In a new community proposal, the decentralized autonomous organization (DAO) of Mango Markets (MNGO) has voted to settle with the SEC even though the regulator hasn’t formally charged […]

A closely followed crypto analyst says that one competitor of Solana (SOL) could skyrocket by 30% while updating his outlook on Bitcoin (BTC) and other digital assets. In a new strategy session, crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that one key metric is flashing a buy signal […]

Around 18,400 Bitcoin options contracts are due for expiry on Friday, August 23. They have a notional value of around $1.1 billion. Today’s options expiry event is a little smaller than last week’s, so its impact on spot markets is likely to be limited. The much larger month-end expiry event next week has a notional […]

The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder […]

An Austrian businessman adjudicated bankrupt in Ireland with debts of €35m had his period of bankruptcy extended by a year-and-a-half amid claims …

Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000.

Sorry, Bitcoin bears. The leading cryptocurrency might never drop below $38,000 again

Bitcoin (BTC) has been gathering some momentum in the crypto sphere lately, crossing the $60,000 mark against multiple analysts’ signals. The world’s leading cryptocurrency has been on a wild ride, with its price fluctuations going haywire during the past few weeks. Bullish Factors Driving Bitcoin Price One major driver behind the recent price surge in […]

An Australian federal court today (Friday) ruled that Bit Trade Pty Ltd, which operates the Kraken crypto exchange in the country, violated the design and distribution obligations (DDO) while offering margin trading products to local customers. A Partial Victory for ASIC The ruling came after the Australian Securities and Investment Commission (ASIC) sued the company […]

Ex-Goldman Sachs executive Raoul Pal thinks one controversial sector of altcoins is primed to outperform other crypto assets in the coming months. Pal tells his 1 million followers on the social media platform X that the crypto world “hates” tokens with high valuations and low initial circulating supplies, otherwise known as low float/high fully diluted […]

Ripple’s CLO Stuart Alderoty is uncertain but wouldn’t be surprised if the SEC decides to appeal the recent court ruling. The SEC, having sought US$2 billion, may consider appealing despite a US$125 million fine against Ripple. Appeals are challenging as the Second Circuit court seldom reverses lower court decisions, with less than a 10% overturn […]

The victim, Kevin Mirshahi, was the owner and operator of private group called Crypto Paradise Island.

Many in the industry don’t expect the Vice President to mention digital assets at the DNC, but her views on technology and regulation could signal a shift from Biden-era policies.

Bitcoin’s price has been on a rollercoaster throughout the past few days but it appears that, at least for now, the bulls have the upper hand. They were successful in reclaiming the important technical and psychological level of $60K and are currently attempting to push BTC above $61,000. Source: TradingView However, we are headed for […]

Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations. Enter the BORG—Metalex and Lido Finance […]

Prominent investor Kiyosaki has stunned his X audience with a ‘trillion dollar’ Bitcoin post

The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key metric.  Cardano Releases Date For Chang Upgrade Intersect, a member-based organization for the […]

TL;DR Grayscale Investments launches the Grayscale® Avalanche Trust, an investment fund on the AVAX token. The fund is available to accredited investors and allows for a daily subscription. Avalanche stands out for its role in tokenizing real-world assets. Grayscale Investments has expanded its range of investment products with the launch of the Avalanche Trust, a […]

TL;DR Magic Eden will launch the ME utility token, developed by the ME Foundation, for its platform and decentralized applications. The ME token will facilitate cross-chain trading on the Solana-based platform, enabling exchanges across various blockchains and enhancing the efficiency of the NFT market. To date, Magic Eden has handled over $6 billion in trading […]

Hong Kong‘s spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles. JUST IN: 🇭🇰 Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a month. Slowly and steadily 🙌 pic.twitter.com/Q83tjbS0ML — Bitcoin Magazine (@BitcoinMagazine) August 22, 2024 The […]

Republican presidential nominee Donald Trump is reportedly launching his very own cryptocurrency platform. According to a new report by CNBC, Trump has announced the launch of crypto platform The DeFiant Ones to his followers on Truth Social as a means of competing with banks. As stated by Trump, “For too long, the average American has […]

Despite a lull in on-chain activity, Ethereum’s gas fees have remained remarkably low, hovering below 2 Gwei since April. Meanwhile, the total ETH supply has grown by a modest 228,000, translating to an annual inflation rate of 0.5%. But beneath the surface, Ethereum’s fundamentals are flourishing. Due to the decrease in on-chain activity, ETH Gas […]

The Seychelles National Assembly has approved a draft bill aimed at regulating virtual asset service providers (VASPs). Finance Minister Naadir Hassan presented the bill, which is part of Seychelles’ broader strategy to address risks associated with virtual assets and VASPs. Once enacted, the law will require VASPs seeking a license to establish a substantial presence […]

Avalanche price gained 16%+ in the last week, but are positive media headlines enough to sustain the AVAX rally?