Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase announced a $1 billion share buyback. But that flopped, too, with shares barely budging. This whole debacle just […]

TL;DR Bitcoin’s price fell by almost 4%, dropping from $72,500 to just over $69,000, triggering liquidations of more than $250 million in long positions. The Fear and Greed Index reached “extreme greed” levels, which historically indicates market corrections. Approximately 90% of futures positions were bullish, reflecting strong optimism ahead of the US election on November […]

Las Vegas, US, November 1st, 2024, Chainwire Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span […]

BitMEX founder Arthur Hayes is naming an altcoin he thinks will outperform the rest ahead of the upcoming US presidential election. In a new interview on the Unchained YouTube channel, the crypto veteran says he’s interested in trading Ethereum (ETH) rival and smart contract platform Solana (SOL) because he believes it will jump in price […]

Bitcoin flirts with a new all-time high, repeatedly surpassing US$73K, with its sights set on the US$74K mark. Market Analyst Josh Gilbert suggests the absence of peak retail interest could drive Bitcoin’s price higher. Analysts speculate that anticipation of a Donald Trump election victory is influencing Bitcoin’s current upswing. Anthony Scaramucci of SkyBridge Capital views […]

The reality is quite the opposite: cryptocurrency transactions are not only traceable, but often more transparent than traditional financial systems.

The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters.

Polkadot is among the top blockchains, securing a spot in the top 20. Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls.  This state of affairs on price charts reflects the general trend across the board, especially in leading smart contract […]

Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 million […]

XRP bulls face jaw-dropping 125,127% liquidation imbalance as nearly $1 million in long positions are wiped out amid minor XRP price drop

The government of Florida already owns $800 million worth of crypto-related investments and could soon hold more, according to Jimmy Patronis, the state’s chief financial officer (CFO). Patronis says in a new interview with CNBC that he “would not be shocked” to see that number grow if former President Donald Trump wins the presidential election […]

As the Shiba Inu price heads toward the ambitious ATH target of $0.00008, excitement is building in the crypto market. But while Shiba Inu (SHIB), a meme coin, has captivated investors with its viral popularity, a new altcoin rival is ready to disrupt the space with unparalleled utility and growth potential. The WallitIQ (WLTQ) native […]

Transak has obtained two licenses from Canada and the US to enhance its regulatory compliance. In the US, Transak USA LLC secured its second Money Transmitter License (MTL) from the State of Delaware, following its first MTL from the Alabama Securities Commission acquired one month prior. In Canada, Transak Canada has registered with the Financial […]

TL;DR Tether has seen a surge in usage across EMEA time zones amid growing attention from US regulators. Increased adoption of USDT has been seen in sanctioned countries such as Russia and Iran, facilitating transactions amid banking restrictions. Federal investigations in the US focus on possible sanctions violations and money laundering related to the use […]

TL;DR The IMX token from Immutable drops 12.88% following a possible SEC enforcement action over alleged unregistered securities sales. The firm received a Wells Notice warning of a potential lawsuit related to an IMX token sale in 2021. The company argues that IMX is not a security and criticizes the SEC’s lack of clarity in […]

Uptober concludes with Bitcoin and other cryptocurrencies dropping significantly, countering analyst predictions of a new all-time high. Market decline aligns with decreasing chances of a Donald Trump presidential win, reflecting sentiment from prediction markets. Despite the downturn, market experts remain optimistic about crypto’s future post-election. Recent trading resulted in US$220 million in liquidations, marking a […]

Most crypto executives expect a friendlier regulatory environment following the election, regardless of which candidate wins, according to Reuters. Some pockets of doubt remain around how committed Kamala Harris is to crypto regulatory reform, but most don’t expect a Harris victory to mark the end of the current bull run. It’s also expected that Gary […]

Organizations like Stand with Crypto, a pro-crypto Political Action Committee are signing up "crypto advocates" in critical battleground states. In …

Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial.

Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.’ As the second-largest crypto by market capitalization, Ethereum has garnered notable attention following an uptick in funding rates—a measure used to gauge the demand balance between buyers and sellers in futures contracts. Rise […]

Key inflation rate release coincided with profit-taking on crypto market

Layer-1 blockchain Kaia (KAIA) is dipping in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says it’s added the Ethereum Virtual Machine (EVM)-based digital asset to its suite of products starting on October 31st. “Binance is excited to announce that Kaia will […]

Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners, set to run at 249 terahash per second (TH/s) without overclocking, are configured for immersion cooling—a technique […]

The US Securities and Exchange Commission (SEC) plans to sue Web 3 gaming firm Immutable. According to the company, the regulator issued a Wells Notice to the company, adding it to a growing list of crypto firms targeted in recent years. The Wells Notice, a formal communication used to notify companies of potential regulatory action, […]

In just one week, @aave has seen a 2.7k BTC (~$200M) spike in cbBTC deposits, following the launch of a new Merit program on October 24. The incentive initiative encourages users to lend cbBTC (Coinbase-wrapped BTC) and borrow USDC, resulting in cbBTC becoming the fourth most popular asset for USDC-backed loans, now making up 12% […]

On November 1, the law on the legalization of cryptocurrency mining came into force in Russia.

Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements. 

TL;DR 21Shares requests SEC approval for an XRP ETF, aiming to expand regulated access to cryptocurrencies. The XRP ETF would be listed on Cboe BZX, with Coinbase Custody Trust as the fund’s custodian. Approval faces challenges due to the ongoing legal dispute between the SEC and Ripple over XRP sales as unregistered securities. Investment firm […]

Social media giant Reddit has relinquished the majority of its crypto holdings, in a sale worth nearly US $7b. Previously, Reddit had revealed ownership of Bitcoin, Ethereum and MATIC while championing several uses of digital currency on its platform. The move comes as Reddit looks to mitigate “unique risks” that come alongside holding digital assets. […]

Tether has posted US $2.5b worth of profits through Q3 2024. The company’s gains come on the back of substantial holdings in US Treasury yield and gold (which has surged 15%). Tether’s financial report also noted market cap growth of 30% throughout 2024. The company is allegedly under investigation by the US Government for potential […]

Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming breakout, setting the next levels to watch. BTC’s Sweet 16 Party Turns Spooky Bitcoin, the largest cryptocurrency […]

A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low. Source: Sherpa/X […]