Over the past decade, Coinbase has reached millions of cryptocurrency traders and expanded to become the largest crypto exchange in the US. Despite its solid reputation, Coinbase did not avert scrutiny and skepticism. It has intensified in the past two years, driven by the sharp upsurge and plunge in crypto prices in a short period. […]

A crypto strategist who nailed the end of Bitcoin’s (BTC) 2021 bull market thinks that a huge upswing for the altcoin market is just getting started. Pseudonymous analyst Pentoshi tells his 755,100 followers on the social media platform X that he’s keeping a close watch on the TOTAL3 chart, which tracks the market cap of […]

A widely followed crypto analyst says Bitcoin (BTC) may diverge from a historic pattern and reach a cycle peak earlier than expected. In a new video update, crypto strategist Jason Pizzino tells his 312,000 YouTube subscribers that in the previous 2016 and 2020 cycles Bitcoin pulled back after hitting the 50% retracement level on the […]

The VanEck Bitcoin Trust (HODL) experienced an absurd 14x increase in trading volume…with no clear explanation. Unlike typical whale activity, the volume came from 32K individual trades, suggesting retail involvement. Analysts doubt the surge in volume is due to investors selling BTC’s slight drop, leaving them confused about what’s going on in the markets. The […]

John E. Deaton is challenging Senator Elizabeth Warren in Massachusetts, leveraging his recognition in the crypto community. Deaton aims to diversify his campaign beyond crypto advocacy, positioning himself as a defender of the middle class. He has the full support of the crypto industry, but Warren has deep pockets. John E. Deaton is probably one […]

Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has disclosed that the crypto solutions provider and developer of the Ripple payment protocol would welcome a spot exchange-traded fund (ETF) for the network’s native token, XRP. Ripple to Welcome Spot XRP ETF Speaking on his thoughts about the current state of the crypto industry […]

Swiss Post’s financial subsidiary, Postfinance, has launched a new cryptocurrency trading and custody service. Customers can use the service to “purchase or securely store an initial range of 11 cryptocurrencies at the click of a mouse or even set up a crypto saving plan,” the company explained. Postfinance’s New Crypto Service Swiss Post’s fully-owned financial […]

Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents …

With AI enveloping much of the media we consume nowadays, Render (RNDR) rides the bullish wave around generative content. According to Coingecko, the token is up over 26% this week with the biggest jump occurring at the monthly timeframe at 60%. It shows that investors are still excited by Render’s possible role within the media […]

A top crypto analyst believes that one artificial intelligence (AI)-focused altcoin will see much higher prices in the coming weeks. Pseudonymous analyst The Flow Horse tells his 202,100 followers on the social media platform X that the native token of the decentralized machine learning network Fetch.ai (FET) is about to print a new all-time high. […]

Mysterious Ethereum (ETH) whale, participant in second-largest cryptocurrency ICO, awakens after eight years

As the crypto landscape continues to evolve, 2024 is shaping up to be a year of significant advancements and surges within the altcoin domain, particularly highlighting the robust performances of Meme Moguls (MGLS), Polygon (MATIC), and Chainlink (LINK).  Polygon (MATIC) Ascends with Strategic Developments Polygon (MATIC) has been on a remarkable ascent, with its price […]

In a recent development that’s making headlines, a complete set of 10 Autoglyphs has been acquired for 5,000 ETH, equivalent to approximately $14.6 million. This sale marks the highest NFT sale in the past two years and stands as the fifth-largest purchase on-chain, setting a new benchmark for the value of blockchain-based artworks. The Collection […]

As bitcoin navigates through the volatile waves of the crypto market, its price on Feb. 21, 2024, reflects a complex interplay of market dynamics. Oscillating between $50,820 and $52,902 within a 24-hour frame, the leading digital currency continues to showcase significant trading activity. With a market capitalization over the $1 trillion mark, bitcoin traders are […]

The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from cryptocurrencies will be taxed …

Top global crypto exchange Binance has rolled out trading support for the new Ethereum (ETH) layer-2 scaling project Starknet (STRK). Starknet kicked off its first token allocation on Tuesday. The project plans to distribute more than 700 million Starknet tokens to nearly 1.3 million addresses. Eligible individuals and groups will have four months to claim […]

Garlinghouse expects multiple ETFs covering more than just Bitcoin and Ethereum are inevitable and sees potential for further diversification. While expressing support for an XRP ETF, Garlinghouse emphasised the need for regulatory clarity on token classification. Garlinghouse believes the SEC needs to move away from its regulation by enforcement stance before the crypto industry as […]

Amidst the dynamic world of cryptocurrencies, Ethereum, the second-largest digital currency, has ignited investor enthusiasm, driven by a bold prediction from Michaël van de Poppe, CEO of MN Trading. Van de Poppe’s forecast projects a remarkable climb for Ethereum, anticipating a potential surge to the range of $3,800 to $4,500. This optimistic outlook gains momentum […]

Cardano price slipping in what marks visible bearish correction after week-long surge

TL;DR Ethena Labs launches USDe with 27.6% yield, raising stability concerns. Comparison with previous failed projects due to investment performance, evidencing risks. Experts warn about challenges of maintaining high returns in a bear market, highlighting transparency and understanding of risks. The recent introduction of the USDe stablecoin by Ethena Labs on its public mainnet has […]

TL;DR Bitcoin’s Liquidity Surges: The liquidity of Bitcoin has significantly increased, with the order books now at their most liquid since October. The 2% market depth across 33 centralized exchanges has risen to $539 million, a roughly 30% increase since the introduction of spot ETFs on January 11. Role of U.S.-based Exchanges: U.S.-based exchanges have played a […]

In recent weeks, Galxe coin ($GAL) has experienced remarkable growth, boasting a surge of over 70% in the last 30 days and a notable 35% increase in the past 7 days.  However, the coin’s current trajectory shows a 6% decline over the past 24 hours, accompanied by a significant 70% decrease in its 24-hour trading […]

A fake BRICS cryptocurrency launched by scammers gets rug pulled on day 1and investors from developing countries lose money to the scam.

Hong Kong’s central bank is releasing new guidelines for institutions interested in offering crypto custodianship services. The Hong Kong Monetary Authority (HKMA) published new guidelines this morning for financial institutions seeking to sell or distribute tokenized products. According to the note, the HKMA encourages financial institutions to do their due diligence while researching potential digital […]

A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone in a blog post on Feb. 19. They added that many banks worry their customers might withdraw deposits to hold digital Euros instead. “These fears are misplaced,” they stated. The ECB […]

On Tuesday, CME Group unveiled plans to introduce micro euro-denominated bitcoin and ether futures, set to debut on March 18, contingent on regulatory green lights. These euro-based offerings will mirror their U.S. dollar-based equivalents, each representing one-tenth of the respective cryptocurrency’s value. CME Group Announces Micro Euro-Denominated Bitcoin and Ether Futures Launch Following the 2021 […]

Several analysts continue to make bullish predictions for the XRP token despite its lacklustre price action. This time, crypto analyst Dark Defender has identified emerging patterns that suggest that XRP could rise to $2 soon.  The XRP Bull Run Is Here Dark Defender mentioned in an X (formerly Twitter) post that the RSI (Relative Strength […]

The UK government will introduce new regulations for stablecoins and crypto staking services within the next six months, according to Economic Secretary to the Treasury Bim Afolami. He was speaking at a Coinbase-hosted industry event in London on Monday, adding that the government is “pushing very hard” to get legislation on the books. The Treasury […]

The post Sam Altman’s Worldcoin (WLD) Explodes 185% As Wallet Users Break 1,000,000 Mark appeared first on Crypto News Australia.

Bitcoin’s record-breaking rise against Japanese yen mirrors significant regulatory shifts

Last May, I wrote an article for Bitcoin Magazine predicting that Layer 2 (L2) metaprotocol solutions would resolve the Ordinals controversy. Now that two of the most highly-anticipated Layer 2 solutions, Taproot Assets (TA) and RGB, are either available or imminent, it’s time to revisit this subject. Indeed, it may be past time judging by […]

The global derivatives marketplace CME Group plans to expand its cryptocurrency derivatives suite with Bitcoin and ether futures. Dubbed Micro Bitcoin Euro and Micro Ether Euro futures, the products will be launched on March 18, pending regulatory approval. CME Group Enhances Crypto Hedging Giovanni Vicioso, the Global Head of Cryptocurrency Products at CME Group, mentioned: […]