TL;DR Market Crashes: The crypto market saw a dramatic plunge, with nearly $400 million liquidated in 24 hours, heavily impacting investors as Bitcoin dropped below the crucial $60,000 support level. Volatility Spike: An unexpected shift in market dynamics led to a surge in short position liquidations, causing a minor price rebound, though the market remains unstable and speculative. […]

TL;DR Senator Cynthia Lummis denounces the US Department of Justice’s restrictive stance on private cryptocurrency wallets. Lummis argues that the DOJ’s position contradicts Treasury guidance and undermines the decentralized essence of cryptocurrencies. The controversy arises in recent cases where the DOJ is seeking criminal charges against non-custodial wallet software developers. Senator Cynthia Lummis (R-WY) has […]

Binance founder and CEO Changpeng Zhao has been sentenced to four months in a detention centre in Seattle. The trial concluded after several months, with CZ pleading guilty to banking violations in November last year. Prosecutors intended to make an example of CZ, suggesting he should serve three years behind bars due to the severity […]

Roger Ver, early Bitcoin advocate turned Bitcoin Cash promoter, was arrested in Spain for multiple charges including mail fraud and tax evasion. His legal troubles stem from failing to properly report capital gains and income from Bitcoin transactions, resulting in a US$48 million loss to the IRS. Known as ‘Bitcoin Jesus’, Ver shifted his allegiance […]

Amid recent bearish sentiments across the space, Pepe remained calm as it gathered liquidity for the next major shift. It may resume its lower low and lower high pattern if the bulls fail to sustain recent momentum. After locating support two weeks ago, Pepe recovered from a dip and climbed back to the $0.000008 range. […]

… cryptocurrency mining. “Marathon Digital has been ushered to consult with Treasury on cryptocurrency regime and ministry of energy to discuss the …

On a Q1 earnings call yesterday, Alliance Resource Partners, a coal mining company worth $2.8 billion that trades under the ticker ARLP on the Nasdaq, reported that it’s mining bitcoin and currently holding 425 BTC on its balance sheet. Nasdaq listed Alliance Resources $ARLP, a $2.8b coal mining company, is mining #bitcoin, and currently holds […]

Solana, the self-proclaimed high-speed blockchain darling, finds itself facing an uphill battle. A confluence of a broader crypto market downturn and persistent network congestion threatens to stall its momentum and cast doubt on its long-term viability. Solana Slides With The Market The recent crypto market correction hasn’t spared Solana. The token, which enjoyed a stellar […]

Chainlink Labs’ Vince Turcotte told Cointelegraph that they expect digitally-native institutions to be the first to adopt the integration.

On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate; Fed Continues Watchful Eye on Inflation Risks On Wednesday, the […]

Ver has been accused of causing at least $48 million worth of losses for the IRS

Roger Ver, an early investor in Bitcoin and now an advocate of Bitcoin Cash, was arrested last weekend in Spain on US-brought criminal charges of mail fraud, tax evasion, and filing false tax returns. The authorities in the United States will now seek his extradition. According to an announcement by the Justice Department yesterday (Monday), […]

A closely followed crypto strategist is predicting one Ethereum (ETH) competitor could go on a massive rally following a market correction. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that Solana (SOL) may retest $120 before a parabolic rally to more than $500 later this year. “SOL: as long […]

Binance founder and former CEO – Changpeng Zhao a.k.a CZ – received a four-month prison sentence after pleading guilty to violating US anti-money laundering laws at the world’s largest cryptocurrency exchange. In the first tweet following the sentencing, CZ revealed his intention to remain a passive investor and holder in the crypto industry while simultaneously […]

Bitcoin (BTC) has witnessed a significant drop, falling to $56,556 during Wednesday morning in Europe, marking the lowest point since late February. This downturn represents the sharpest monthly decline since November 2022, with BTC tumbling approximately 7.5% within the last 24 hours and breaching the previously stable $60,000 support late Tuesday. #1 Derisking Before Today’s […]

TL;DR Increasing Centralization in Bitcoin Mining: Recent studies have raised concerns about the growing centralization of Bitcoin mining, with one entity controlling nearly 47% of the network hashrate. This trend towards oligopoly is driven by changes in reward distribution by mining pools. Economic Implications of Centralization: The BitMEX Research team created a model to examine […]

Hong Kong’s newly launched Bitcoin and Ethereum ETFs saw modest initial trading volumes on the first day of trading. Eric Balchunas highlighted that when adjusted for market size, these figures would equal billions if in the US market. Pav Hundal reminded naysayers that it’s early days and these ETFs are set to enhance global cryptocurrency […]

The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken …

The world witnessed unprecedented power grabs and supply chains disruptions over the past couple of years. The almost perfect alignment between big government, big banks and corporations should be a serious cause for concern across the agricultural sector. These moves represent no less than the most serious threats to our freedom and survival as businesses, […]

The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April.

Top 5 Crypto Presales For 2024: BDAG, DOGEVERSE, 99BTC, 5SCAPE, And SPONGE Within the land of crypto, the race for innovation and sustainable growth is intense. Amidst this competition, BlockDAG has emerged as a leader, raising an impressive $21.7 million during its presale, showcasing its potential to revolutionize blockchain technology. This article delves into the […]

The top US crypto exchange Coinbase has announced that a stablecoin pegged to the Canadian dollar could soon be trading on its platform. Announcing via the social media platform X, Coinbase says it’s adding QCAD to its listing roadmap, which alerts customers that the company could soon add support for certain assets. QCAD was relaunched […]

Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives that merge tech and human potential. Tether Dabbles in Biotech, Acquires $200 Million […]

Is it possible to see upward move of Bitcoin (BTC), Ethereum (ETH) or XRP soon?

As April comes to a bearish close, expectations for Dogecoin in May are not exactly bullish, especially as the crypto market has continued to fall. DOGE has been one of the main losers during this time, falling below $0.14. This underperformance is expected to continue as the machine learning algorithm at CoinCodex predicts further decline […]

The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.

The trading day continues in an even more painful manner for bitcoin as the primary cryptocurrency took another hit and slumped to its lowest price position in over two months of under $59,300. The altcoins’ situation is worse, with ETH dropping below $3,000, SOL dumping by 8%, and a few double-digit price declines. Bitcoin/Price/Chart. Source: […]

MultiBank.io, the cryptocurrency exchange division of the esteemed MultiBank Group, is on the brink of transforming the cryptocurrency trading …

Major global bank Standard Chartered believes the Bitcoin price could see further downside to around $50,000, according to recent comments. Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, told The Block: “BTC’s proper break below $60,000 has now reopened a route to the $50,000-52,000 range.” As of writing, Bitcoin is trading under […]

TL;DR Coinbase integrates the Lightning Network for faster and cheaper transactions with Bitcoin. Coinbase users will be able to choose between the Bitcoin mainnet and the Lightning Network. The integration is done in partnership with Lightspark to improve the accessibility and efficiency of cryptocurrency payments. Coinbase, a leading cryptocurrency exchange, has taken a significant step […]

Bitcoin briefly dipped below US$60k due to inflation fears and market volatility, but quickly recovered as ‘buy the dip’ sentiment increased. The launch of Bitcoin and Ethereum ETFs in Hong Kong had an unimpressive start, yet their long-term impact on crypto adoption remains significant. Upcoming Federal Reserve and RBA meetings could influence market directions, amid […]

An anonymous big-money trader has moved over USD $75M worth of ETH into a Coinbase institutional account. The transaction comes just weeks after several multi-million dollar transactions involving Bitcoin were also settled. Interestingly, Ethereum has struggled as of late, fuelling speculation as to why the whale decided to move such a large chunk of their […]