Following the halving event on April 19, the price of Bitcoin has displayed a puzzling performance. BTC initially gained nearly 10% to trade as high as $67,020 on April 24. However, in the last two days, the digital asset’s price has declined by 6.49%, falling below the $63,000 price mark. As expected, such negative performance […]
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]
Grayscale just printed rare history of all global ETFs
Two US Senators are writing a bipartisan letter to federal agencies about the potential use of crypto assets by child abusers. According to a new press release, Senator Elizabeth Warren, a Democrat from Massachusetts, and Senator Bill Cassidy, a Republican from Louisiana, say in the letter that digital assets are the “payment of choice” for […]
Immutable zkEVM, an Ethereum gaming platform, has unveiled The Main Quest—a groundbreaking rewards program offering up to $50 million in token rewards to players. This initiative aims to incentivise users of the Immutable zkEVM network, a layer-2 Ethereum gaming platform powered by Polygon zkEVM technology. Participants stand to earn rewards for various activities, including playing […]
US senators target cryptocurrency use in child abuse trade. Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their …
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.
TL;DR Fidelity Bitcoin ETF records an outflow of funds for the first time. Most US Bitcoin ETFs are showing sluggish performance, with only one fund recording an inflow. BlackRock’s IBIT and other ETFs saw no inflows, reflecting cautious market sentiment. In a scenario that reflects the dynamism of current financial markets, the Fidelity Wise Origin […]
TL;DR Vitalik Buterin concludes that Ethereum with Proof-of-Work (PoW) was not immune to centralization. Ethereum’s Proof-of-Stake (PoS) transition seeks to address centralization and energy consumption issues. Debates in the community about whether the decision to switch to PoS was the right one. Vitalik Buterin‘s recent stance on Ethereum transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has […]
Pantera Capital is seeking to secure $1 billion for its new fund, ‘The Panter Fund V. ‘ It is designed to provide investors with exposure to a wide range of blockchain-based assets. A new report by Bloomberg revealed that the new fund is expected to launch in April 2025. Pantera Fund V The Pantera Fund […]
New 13F filings with the SEC reveal that a major pension consultant, Global Retirement Partners (GRP), is buying into US spot Bitcoin ETFs. Bitcoin investors have been eagerly awaiting these SEC filings to gauge the level of institutional interest in Bitcoin ETFs, which launched in the first quarter of 2024. JUST IN: 🇺🇸 Retirement consulting firm GRP […]
For crypto investors, the last several weeks have been a rollercoaster, with many assets seeing price dips and failing to post meaningful gains. The short-term outlook is bleak, despite some analysts’ continued optimism on the market’s long-term prospects. Halving Hype Fades Even the granddaddy of cryptocurrencies, Bitcoin (BTC), hasn’t been immune to the market downturn. […]
US regulators just announced the first bank failure of 2024. The FDIC says it has stepped in to protect $6 billion in assets and $4 billion in customer deposits at Philadelphia-based Republic Bank. The assets will be immediately handed over to Fulton Bank, a former rival that’s also located in Philadelphia. “Republic Bank’s 32 branches […]
A popular crypto trader says a liquid staking service for the Ethereum (ETH) blockchain is flashing a short-term bullish signal. The analyst Ali Martinez tells his 60,600 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented a buy signal on Lido DAO’s (LDO) 3-day chart. “If LDO can hold […]
The Solana memecoin landscape is buzzing with excitement as CatGpt experiences an astounding surge of over 2000% in just one day. According to data from dex screener, CatGpt now boasts a market capitalization of $33 million and is currently trading at $0.007, marking an unprecedented leap in its valuation. One astute investor, identified by the […]
Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […]
Bitcoin’s impending ‘death cross’ signals potential price turbulence, with risk to fall below $60,000 per BTC
Explore BlockDAG, Shiba Inu and Polygon in the cryptocurrency market … The crypto universe recently witnessed a bold move, where a Shiba Inu (SHIB) …
Bitcoin has been trading sideways for two months, unable to surpass previous highs, suggesting a consolidation phase. Michaël van de Poppe sees this as the peak of Bitcoin’s market dominance, predicting a forthcoming shift in investor focus towards altcoins. The expected Ethereum ETF launch in May could catalyse this shift, revitalising the market and increasing […]
The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project.
An announcement was put out today by the Justice Department that Keonne Rodriguez and William Hill had been arrested and charged with operating Samourai Wallet, “an unlicensed money transmitting business” that executed “unlawful transactions.” Fuck the Justice department, full stop. At no point did Samourai custody user funds, have control over user funds, and ESPECIALLY […]
Dogecoin is struggling to rise above the $0.1650 resistance zone against the US Dollar. DOGE could decline heavily if it settles below the $0.140 support. DOGE is facing many hurdles near the $0.1650 and $0.170 levels against the US dollar. The price is trading below the $0.1620 level and the 100 simple moving average (4 […]
As the bull run of 2024 charges on, investors are actively seeking the next big earners in the altcoin sector. With an eye for potential, this article highlights three alternative cryptocurrencies that could significantly multiply their value. Examining trends and considering market dynamics, the piece provides insight into these contenders, which might transform a modest […]
Slothana, one of the most successful Solana meme coin presales so far, is gearing for its exchange launch as its ICO ends in two days. This means that traders face their last opportunity to buy $SLOTH at a fixed price before it opens to the broader market, and its price becomes subject to supply and […]
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]
Forbes marked numerous top-tier assets ‘zombies,’ causing stir in community
Dogecoin has captured significant attention and investment within a specified price bracket. Turning to Kaspa, it stands out as a viable alternative, with experts anticipating a possible surge in its value. Yet, the focus sharply turns to BlockDAG. Following a robust $20.6 million presale and the introduction of a revolutionary Crypto Payment Card, this cryptocurrency […]
Unveil the dynamic governance model of the dYdX Chain and how it empowers community involvement in shaping the future of decentralized finance.
Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions.
Indonesia and Australia signed a MoU at the Australian Embassy in Jakarta to share cryptocurrency information, enhancing tax compliance. The agreement enables both nations to better detect taxable assets and fulfil tax obligations through improved data exchange on crypto assets. This collaboration underscores both countries’ commitment to innovate and adapt their tax systems amidst rapid […]
Following the success of Spot Bitcoin ETFs, expectations were high for Ethereum ETFs, but the SEC is likely to reject these due to discouraging feedback. Regulatory silence and a lack of specific feedback during meetings indicate probable denial. Analysts and industry leaders anticipate continued delays with potential court challenges influencing final decisions. After Spot Bitcoin […]
Today, Bitcoin mining pool ViaBTC auctioned off its “epic sat” for a sum of 33.3 BTC, equivalent to over $2.1 million. The auction, conducted on the CoinEx exchange platform, witnessed fervent bidding as collectors and enthusiasts competed for this satoshi. JUST IN: The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 […]