A study has unveiled that a notable proportion of crypto millionaires globally are not only risking their personal information but also lacking a fundamental understanding of crucial procedures regarding asset transfer and Know Your Client (KYC) regulations. The study was conducted by Owner.One, a company specializing in asset management and inheritance planning. Analyzing data from […]

More than 12 million Binance Pay users can now use the dog-themed memecoin Floki (FLOKI) to purchase goods and services across the globe. Binance Pay is a crypto payment solution that has partnered with thousands of online and offline merchants. The Floki announcement materialized after an active couple of weeks for the memecoin. Floki and […]

April 3, 2024 – Singapore, Singapore Skate is backed by leading founders in Web 3.0, including EigenLayer, Polygon, Manta, Axelar, Pendle, A41 and Galxe, supporting its vision to make Web 3.0 efficient for a modular future by solving application fragmentation. Range Protocol, a unified liquidity provisioning platform, today announced the launch of Skate, the universal […]

Bitwise CIO Matt Hougan explained what makes Bitcoin valuable on Wednesday after a recently interviewed Goldman Sachs executive struggled to find the answer. Sharmin Mossavar-Rahmani – chief investment officer of the bank’s Wealth Management unit – said she still isn’t a “believer in crypto” even after the launch of Bitcoin spot ETFs in January. Why […]

Today, one of the largest bitcoin mining companies in the world in terms of hash rate, Genesis Digital Assets (GDA), announced that it will gain access to 36 MW of power from the Tarbush data center in West Texas, adding 1 EH/s to its total hash rate capacity. GDA, which was founded in 2013 and […]

A new rug pull alert sounded on Tuesday after crypto detective ZachXBT unveiled on-chain details of an alleged hack suffered by an NFT project last month. The project’s CTO announced that a response was in the works but ultimately vanished as criticism grew. Nuddies NFT, A Hack Or Rug Pull? On-chain sleuth ZachXBT revealed the […]

Van de Poppe identifies investment opportunities in altcoins like Chainlink and TIA despite the general market downturn. He emphasises the potential in newer cryptocurrencies like Arbitrum and Covalent for significant returns. The analyst advises on timing the market correctly, suggesting success doesn’t require the rarest gems but the right entry and exit. Bitcoin and most […]

BNB Chain, the Binance-created blockchain network, is attempting to become a more relevant player in crypto’s ongoing meme coin frenzy—by enticing developers with cash prizes. On Tuesday, BNB Chain announced a “Meme Innovation Battle” initiative, which will split a pool of up to $1 million in rewards among developers who create meme coins on the […]

Losing 6% overnight, Litecoin is currently in the red due to the ongoing bloodbath in the crypto space. Despite that, the price is still looking strong and its short-term outlook remains bullish on the daily chart.  After moving out from an accumulation phase in the past month, Litecoin increased significantly and touched $112 two days […]

On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed to deliver two times the daily returns of bitcoin, SBIT is structured to produce double the inverse of bitcoin’s daily returns. Proshares Introduces Leveraged and […]

DOGE creator has shared his Bitcoin price expectations after recent BTC plunge

The altcoin is currently trading in a bull market after stabilizing above the $0.50 support. On March 23, 2024, the price of the cryptocurrency broke …

Investor Dan Tapiero says that traditional financial asset classes are experiencing a mass slow bleed as they devalue against digital assets. Speaking at the Bitcoin Investor Day event in New York, Dan Tapiero, the CEO of crypto investment firm 10T Holdings, says that even the obscure, low market cap crypto assets have grown exponentially against […]

TL;DR Coinbase and Lightspark join forces to integrate Bitcoin’s Lightning Network, enhancing cryptocurrency transactions. Lightning Network is a second-layer solution addressing the scalability and speed challenges of the Bitcoin network. Lightspark has been working on developing its platform for almost two years, focusing on providing enterprise-grade access to the Lightning Network. Coinbase and Lightspark are […]

Lightspark, led by CEO David Marcus, former President of PayPal, has been selected by Coinbase, the largest US cryptocurrency exchange, to integrate the Bitcoin Lightning Network onto its platform. This integration is set to enable Coinbase customers to conduct instant and cost-effective bitcoin transactions. Thrilled to announce that @Coinbase has selected @Lightspark to enable the #Bitcoin […]

Bitcoin ETF outflows are on the rise once again after a change in the tide last week. These outflows, given the ETFs’ correlation with the Bitcoin price, have a substantial impact on how well the cryptocurrency performs over time. So, as outflows are ramping up, will it trigger a crash in the BTC price? ARK […]

TL;DR Shibarium, the layer-2 scaling solution for Shiba Inu, continues to make waves in the cryptocurrency space, frequently smashing various milestones. The network’s progress and a successful token-burning mechanism that removed over 15.5 billion SHIB from circulation last month hints at a potential price rally. Shibarium’s Latest Achievement Despite its price decline in the past […]

A crypto strategist is issuing a warning on Ethereum, saying that ETH is now in the midst of a major correction. Pseudonymous analyst Ali Martinez tells his 56,500 followers on the social media platform X that Ethereum is now bearish after breaking below support at $3,400. The trader shares a chart suggesting that ETH may […]

Kiyosaki plans to buy more real estate, gold, and silver if Dent’s crash predictions hold true. He views a hypothetical drop in Bitcoin to $200 as an opportunity to increase his holdings. Kiyosaki asserts that investments in tangible assets and Bitcoin will lead to wealth accumulation, regardless of market fluctuations. In a recent post on […]

Solana SOL dipped to a week low yesterday but has managed to recover overnight. The bears appeared back but are now taking a short break. Following the relief, it is looking for a key retest level to initiate another sell-off.  Going back to where the price started to fall in March, Sol reached a peak […]

Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66 per coin. Wormhole’s New Airdrop W […]

Bitcoin (BTC) witnesses crazy 6,900% increase in whale activity worth $2 billion, but surprising Silk Road twist emerges

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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With Bitcoin’s next halving set to take place this month, miners are using record profits to […]

Ethena Labs’ new governance token, ENA, is witnessing a staggering 60% increase in its value, shortly after its introduction to the market. The spike in ENA’s price to approximately $0.96 has catapulted its market capitalization to nearly $1.34 billion, ranking ENA as the 80th largest cryptocurrency by market cap. This ascent followed Ethena’s strategic distribution […]

Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) recorded net outflows exceeding $87 million on Tuesday, marking the highest outflow since its inception, as per data from Farside Investors. The outflows exceeded the amount seen from Grayscale’s GBTC, which recorded $81.9 million in outflows on the same day. Ark Invest Sees Second Day of Outflows […]

On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed its acquisition of 27,700 bitcoin application-specific integrated circuit (ASIC) mining […]

Cardano (ADA) rides crypto ETF hype, records $1.1 million fund inflows

Digital assets trading platform BitMart has deepened its collaboration with cryptocurrency payment infrastructure provider Banxa to build the …

The US government has sent around 2,000 Bitcoin to an address controlled by crypto exchange Coinbase, suggesting it may be planning to sell a large amount of the crypto. The transfer followed a smaller test transfer of 0.001BTC, which was brought to the attention of the crypto community by an X user. Bitcoin was down […]

Once considered mere fun experiments, meme coins have evolved into significant players within the crypto sphere, drawing interest from seasoned investors and newcomers. Now, with excitement, investors eagerly anticipate the next big player in the crypto market, as experts predict it will outshine Polkadot (DOT) and Polygon (MATIC). While Polkadot and Polygon are already established […]