Mark Scott, the lawyer who laundered $400 million for the OneCoin crypto scam, has been sentenced to ten years in prison. He was convicted of two counts related to bank fraud and money laundering in 2019. The Sentencing after a Long Wait Scott was sentenced yesterday (Thursday) by Judge Edgardo Ramos of the US District […]

XRP price is consolidating above the $0.50 support. The price could gain bearish momentum if there is a close below the $0.50 support. XRP is showing bearish signs below the $0.525 and $0.550 resistance levels. The price is now trading below $0.525 and the 100 simple moving average (4 hours). There is a connecting bearish […]

How long is drop of Binance Coin (BNB) going to last?

Validation of transactions on a blockchain network, the participants in cryptocurrency for staking lock up a certain quantity.

Introduction The transition from Fiat Standards to the Bitcoin Standard, though highly desirable, is not inevitable or necessarily imminent. The timing and occurrence of these changes hinge on the adoption choices made by individuals, organizations, and public entities. These decisions are influenced not only by rational considerations but also by emotional and irrational factors (greed […]

A widely followed crypto analyst believes that Bitcoin (BTC) is on an uptrend despite a sharp drop from its 2024 high of nearly $49,000. In a new video update, crypto strategist Kevin Svenson tells his 71,500 YouTube subscribers that he remains bullish on the crypto king despite the negative market sentiment surrounding it. “We are […]

The co-founder and CEO of market intelligence firm CryptoQuant says he believes that blue-chip financial institutions getting involved in Bitcoin (BTC) could spark the biggest bull run yet. In a new thread, Ki Young Ju tells his 332,000 followers on the social media platform X that he expects an explosive Bitcoin bull cycle with the […]

ARB lost more than 16% in the last 7 days but has taken a slight break after finding a temporal support some days back. It appears set for a small gain but is more likely to resume selling pressure shortly. After initiating sell off from a 10-month peak two weeks ago, ARB witnessed a serious […]

UP Fintech Holding Limited, the Tiger Trade online brokerage operator, has received approval from the Hong Kong Securities and Futures Commission to upgrade its license to include dealing in virtual assets. This makes UP Fintech one of the first brokerages in Hong Kong to offer crypto trading services. Hong Kong Regulator Approves UP Fintech for […]

Michael van de Poppe, a prominent crypto analyst, recently outlined three key factors that could herald a bullish phase for Ethereum, the second-largest crypto by market capitalization. One crucial factor he identifies is Bitcoin’s current behavior. The analyst pointed out that as the market leader, Bitcoin’s recent signs of bottoming out tend to precede altcoin […]

TL;DR Ethereum announces the next Dencun update to reduce fees in Layer 2, rolling out to testnets such as Goerli, Sepolia and Holesky in the coming weeks. The upgrade, happening after Shapella, introduces changes to ETH consensus and execution, highlighting the inclusion of ephemeral “blobs” with EIP-4844 to optimize the network. Analysts predict a boost […]

TL;DR EigenLayer Drives Liquid Restaking: EigenLayer is leading the liquid restaking trend, generating $600 million and attracting interest in DeFi. Pendle and Advanced Restaking: Pendle allows for restaking of already staked crypto, offering compounding return opportunities. Multi-Chain Commitment and Layer 2 Competition: Increase in multi-chain commitment and intense competition between Ethereum’s Layer 2 anticipates a […]

Changpeng Zhao, the founder of the crypto exchange Binance, encountered a setback last month when a federal judge denied his request to travel to the United Arab Emirates. CZ proposed using his substantial $4.5 billion stake in Binance as collateral, based on the company’s valuation from its last fundraising round two years ago. However, the […]

Trezor, the cryptocurrency wallet service, has issued an urgent warning about a phishing attack that could affect users of Bitcoin, XRP, and other cryptocurrencies

Cryptocurrency is a digital or virtual currency not regulated by a bank or financial institution and may be used for purchases or investments.

Former Republican presidential candidate Vivek Ramaswamy says greenlighting a central bank digital currency (CBDC) in the US will have repercussions on the citizens’ financial freedom. In a new interview with Bloomberg Television, Ramaswamy says the government may use the digital dollar to go after those who oppose them. “A central bank digital currency, I believe, […]

Pomp, appearing on an interview with Bloomberg, was as bullish on crypto as ever, suggesting investors should continue educating themselves on the industry. He believes that altcoin ETFs are on their way, and that their approval will drive new funding and innovation in the sector. Anthony Pompliano also spoke to Coinbase’s recent struggles, suggesting the […]

Real-world assets (RWAs) are taking the crypto industry by storm, with Binance and Chainlink just two of the big names heavily involved in this sector. Tokenisation involves representing off-chain data (usually a physical asset) on-chain via a fungible or non-fungible cryptocurrency. Fractional investing is the main use of tokenisation for now, but its potential use […]

Today, BTC-only exchange Swan Bitcoin unveiled its new mining division, Swan Mining, which was previously operating in stealth mode, according to a press release sent to Bitcoin Magazine. The division is now positioned under Swan Institutional, with a focus on securing the Bitcoin network while contributing to the expansion of energy production and stabilization of electrical […]

A recent report has unveiled a concerning surge in cyber-attacks orchestrated by North Korea-linked hackers, indicating a growing trend in the targeting of cryptocurrency assets. The analysis firm’s findings revealed that in 2023, these hackers conducted a staggering 20 attacks, marking the highest number recorded since such record-keeping began in 2016. North Korean Cyber Threats […]

The price of Bitcoin has been on a bearish trend for the past few days now, which has led to several crypto analysts predicting an even more bearish action for the crypto asset in the near future. Bitcoin Price To Crash To $38,130 Ali Martinez, a well-known cryptocurrency analyst and enthusiast, has shared a worrying […]

Despite witnessing a lot of reduction since the start of this month, ICP still holds 21% gains in the last 30 days but is likely to register more losses once the price falls below the $10.5 level. ICP entered this month on a bullish note but quickly lost steam after topping at $16.3. It initiated […]

[PRESS RELEASE – Grand Cayman, Cayman Islands, January 25th, 2024] Gaming, Ecommerce and DeFi applications are leveraging Sui’s singular social authentication to eliminate the biggest hurdle blocking mainstream audiences from web3. Sui, the rapidly ascending Layer-1 blockchain created by the leaders of Facebook’s Diem project, today announced that over 10 decentralized applications (dApps) in the […]

Bitcoin price down below $40,000 mark, slump that emerged after Jim Cramer’s latest comment

Crypto analyst and trader Ali Martinez says historical patterns may hold the key to how much longer Bitcoin’s (BTC) bull run could last. Martinez tells his 42,300 followers on the social media platform X that if Bitcoin follows prior bullish cycles, the crypto king could remain in an uptrend for more than a year and […]

A Solana-based (SOL) wireless crypto project is skyrocketing after partnering up with a telecom firm. In a new press release, Nova Labs, the team behind Helium Mobile (MOBILE), says it’s collaborating with Spanish telecom firm Telefónica to launch mobile hotspots in select parts of Mexico. According to Nova Labs, Helium and Telefónica together will not […]

Recently, Trezor, a renowned hardware wallet provider for storing cryptocurrencies, issued an alert regarding an unauthorized phishing attempt targeting its users. This attack involved malicious emails posing as the company, urging users to upgrade their “network” to avoid the loss of their funds. The company successfully deactivated the malicious link and subsequently advised affected users […]

Tesla, the electric vehicle company led by Elon Musk, revealed in its latest report that during the fourth quarter of last year, it did not engage in any Bitcoin buying or selling transactions. This announcement confirms that Tesla retained its holding of 9,720 Bitcoins, as the report makes no mention of any activity related to […]

Financial Crimes Enforcement Network FinCEN and Internal Revenue Service IRS now requiring Form 8300 filing for Receipt of Cryptocurrency under …

We are excited to announce we have further strengthened our leadership team with two key appointments that will help position us for continued growth amid evolving global regulatory environments. With Gilles BianRosa as Chief Operating and Product Officer (COO/CPO) and Marcus Hughes as Global Head of Regulatory Strategy, we are gearing up to double down […]

Is it really surprising, given that cats have essentially dominated the internet for the last two decades, that cat memes have finally taken over the Bitcoin space as well in the last few weeks? Cats are the most viral meme on the internet, so it’s not shocking in the least bit that the Taproot Wizards […]

Following the approval of the Spot Bitcoin ETF, the crypto market experienced a dip but is now showing signs of recovery. Manta Network (MANTA) has seen its token rise by 39% in a week and 20% in 24 hours, despite a recent DDoS attack that temporarily affected transaction times and gas fees. Helium’s HNT token […]