The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC […]
Bybit has introduced an advancement aimed at enhancing the user experience for crypto purchases. Through the integration of Google Pay, Bybit is facilitating a streamlined approach to crypto acquisition, marking a shift in the landscape of digital asset transactions. Integration Simplifies Crypto Transactions across 35 Currencies This pioneering integration enables users from across 35 different […]
A Nigerian federal high court has ordered a senior Binance executive to be remanded for over a week at a prison in Abuja, the country’s capital, according to a Premium Times report. The federal high court reportedly issued the order after the head of financial crime compliance at Binance, Tigran Gambaryan, was arraigned on five […]
Bella Protocol has partnered with Manta Network, a modular layer-two building a secure and interoperable future for ZK (zero knowledge) applications. With this strategic partnership, the idea is to unlock the vast potential of the fast-growing Manta ecosystem and leverage Bella’s successful track record in catalyzing growth and innovation in DeFi. Kenny Li, co-founder of […]
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. Mirror, mirror on the wall, who’s the cringiest of them all? Is it the JPEG People? Or is it the Laser-Eyed Maxis? Or is it both? The […]
Dogwifhat (WIF) has been on a wild ride this week. As of Tuesday evening, its value surged by nearly 10%, however, the canine-inspired cryptocurrency could not sustain the momentum and by Wednesday, it lost 14% of its value. Dogwifhat’s Aggressive Rise And Sudden Dip The rollercoaster ride began with a bang. Dogwifhat, a newcomer to […]
After witnessing a deeper correction throughout last month, Tron TRX found a solid ground level and increased slightly. The price appeared strong this month as it created another bullish setup on the daily timeframe. Going back to where TRX started to increase in 2023, the price has seen nice growth as it exploded by more […]
Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to the ones of traditional institutions such as Goldman Sachs and Morgan Stanley in 2023, with a […]
TL;DR Bitcoin falls in response to inflation data in the U.S., causing turmoil in financial markets. Consumer Price Index (CPI) data shows a 0.4% increase in March and a 3.5% increase over the last 12 months. The crypto market is slowly recovering from the blow, with Bitcoin trading above $68,000 and other altcoins like Ethereum, […]
TL;DR Stabilization of GBTC: Grayscale’s CEO Michael Sonnenshein reported that the Grayscale Bitcoin Trust (GBTC) is showing signs of stabilization after a period of significant investor withdrawals. Fee Reduction Strategy: In response to competition and high fees associated with GBTC, Sonnenshein hinted at a future reduction in fees to enhance the trust’s competitiveness. Introduction of […]
Experts weigh in on key market indicators driving Bitcoin’s bullish momentum
… cryptocurrency asset platform, Abra, for violating state securities regulations. The group of affiliated companies commonly known as Abra include …
[PRESS RELEASE – Dubai, UAE, April 10th, 2024] MANTRA just announced the launch of its Hongbai Incentivized Testnet, a move seen as a significant step towards integrating traditional financial markets with decentralized finance (DeFi). The introduction of the Hongbai Testnet follows the success of MANTRA Chain’s testnet first phase. It now opens the floodgates for […]
Steven Nerayoff, a prominent early advisor to the Ethereum network, has filed a $9.6 billion lawsuit against the United States government. The lawsuit, filed under the Federal Tort Claims Act (FTCA), alleges that federal agents knowingly pursued false charges against Nerayoff and engaged in harassment and intimidation tactics, including evidence fabrication. Former Ethereum Advisor Sues […]
One Solana (SOL)-based altcoin is soaring after landing a surprise listing on Coinbase, the top crypto exchange in the US. In an announcement via the social media platform X, Coinbase says it’s adding Shadow Token (SHDW) to its trading platform. Shadow Token is expected to be available on the platform starting Wednesday, at noon Eastern […]
Two US Senators are reportedly looking to introduce new stablecoin regulations sometime this week or next. According to a new report by Forbes, Senators Kirsten Gillibrand, a Democrat from New York, and Cynthia Lummis, a pro-crypto Republican from Wyoming, announced earlier this week that they together will be introducing new stablecoin regulations. As stated by […]
Gaming startup Playtron is trying to challenge the dominance of handhelds from existing giants like Steam and Nintendo with the launch of a low-cost, flexible operating system that can run on all kinds of devices—and it’s teaming with Mysten Labs to launch a Sui-branded model. On Wednesday, Playtron and Mysten Labs revealed the SuiPlay0x1 at […]
Miles Deutscher predicts that real-world asset tokenisation will be the next sector to fly in a post-halving BTC world. The social media analyst believes that BlackRock’s entry into the industry will kickstart 10x growth between now and 2030. Deutscher discussed several altcoins in this sector that may be ready to take the next step. Chainlink […]
Bitcoin has shown itself among the best-performing assets in the last decade. In 2023, it outperformed the S&P 500, high-yield corporate bonds, and gold, soaring as much as 156 percent in a year. Today, Bitcoin demand is reaching record highs as the approval of new spot Bitcoin ETFs has created a wave of institutional interest. […]
Charles Edwards, the founder of Capriole Investments, has sparked significant interest and debate within the cryptocurrency community. He heralded Ethena (ENA) as “the Luna of this cycle,” but with a crucial difference: its economic fundamentals are deemed sustainable. Edwards elaborated, “It’s 100% collateralized and the yield is variable based on market forces. Two things Luna […]
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over $22 million were transferred to an unknown external address. Lawyers Engaged to […]
As the cryptocurrency landscape continues to evolve, experts are eyeing Raboo, the latest contender in the booming meme coin arena. Despite AVAX price prediction looking positive, Raboo is poised to disrupt the market, with an entry-level crypto presale price of just $0.0036, potentially surging 100x in 2024. Backed by enthusiastic investors, including those in AVAX […]
Bitcoin ETFs recorded another day of outflows on Tuesday
According to data from Santiment, a leading cryptocurrency analytics platform, the Ethereum ERC20 sector has grown by an impressive 8.1% over the …
TL;DR MANTRA launches the Hongbai Incentivized Testnet to explore tokenization of real-world assets on MANTRA Chain. Developers will have access to custom modules such as Compliance ID, Token Service and Guard. Participants can earn rewards by completing missions on GALXE and stay updated through the Discord channel. MANTRA‘s recent news about the launch of the […]
TL;DR Weekly USDT trading volume on Tron reaches $110 billion, more than doubling Ethereum’s volume. The lowering of network fees on Tron has made it easier for users around the world to access USDT backed by the US dollar. Despite the growth in transactions, the use of USDT on Tron has also been associated with […]
Hong Kong regulators are set to greenlight the inaugural batch of applications for spot Bitcoin exchange-traded funds (ETFs) in the upcoming week, potentially paving the way for these financial products to hit the market as early as April. Sources familiar with the matter disclosed this information to Reuters, highlighting a significant development in the financial […]
Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished. According to the crypto analytics firm, the highly anticipated halving event is no longer the key driver for a bullish momentum in BTC. Bitcoin Halving Effects On Prices Is Fading CryptoQuant wrote in a […]
Thomas Jordan, chairman of the Swiss National Bank (SNB), reportedly believes that the risks of a retail central bank digital currency (CBDC) outweigh the benefits. While speaking at an event in Zurich, Jordan said the SNB doesn’t think there is a need to roll out a CBDC to the public right now, Reuters reports. “Consumers […]
[PRESS RELEASE – San Jose, Costa RIca, April 10th, 2024] Texas HODL is set to redefine the online poker arena by integrating the Bitcoin Lightning Network, marking a new era of fast, secure, and user-centric gaming experiences. Texas HODL offers poker enthusiasts a seamless way to play and transact, backed by the TEX token economy. […]
BTCPay Server, an open-source bitcoin payment processor, is set to premiere a feature documentary titled “My Trust In You Is Broken” at the Bitcoin Film Fest in Warsaw, Poland, on April 19. The documentary, directed by Parker Worthington, delves into the beginnings of Bitcoin as a payment system and highlights Nicolas Dorier’s inspiring story in […]
Jan van Eck suggests at Paris Blockchain Week that economic tightening will shift investor focus to gold and Bitcoin. He anticipates US fiscal issues by 2025, influencing market scepticism towards presidential candidates. Van Eck is pessimistic about the approval of the Spot Ethereum ETF by May, citing silence from the SEC. “Give me a little […]