Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia announced this initiative in June and is still consulting market participants, with no set implementation date. Kalyalya highlighted that foreign currency use hinders effective monetary […]
Users add funds to their debit card by selling their cryptocurrency of choice, which is immediately made available on the card balance. Compared …
Bitcoin’s nosedives continued in the past 24 hours as the asset slumped from an intraday high of $57,000 to under $53,000 within hours. The altcoins are also in the red, and the total crypto market cap has dumped to $2 trillion for the first time in over a month. BTC’s Troubles Keep Coming The primary […]
Ripple CTO shares his take on ‘cease and desist’ order issued to Texas bank over working with Bitcoin and crypto companies
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.
Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics Are All Giving Bearish Signals Right Now In a new thread on X, CryptoQuant Head of Research Julio Moreno has discussed why the original cryptocurrency […]
Cryptocurrency analyst and trader Ali Martinez is leaning cautiously bullish on an Ethereum-based altcoin. Martinez tells his 70,300 followers on the social media platform X that the native token of the Ethereum (ETH) scaling solution Polygon (POL) is forming a descending triangle pattern, on the weekly chart. A descending triangle pattern is typically considered a […]
A cryptocurrency analyst and trader is turning bullish on Tron (TRX) amid the native token of the layer-1 blockchain going up by over 20% in the past month. In a new video, the analyst pseudonymously known as Sherpa tells his 11,300 YouTube subscribers that over the past couple of years, the price of Tron has […]
The Penpie hacker remains active, continuing to funnel stolen Ethereum through Tornado Cash despite being offered a white hat bounty. To date, the hacker has transferred 4,000 ETH, worth approximately $9.66 million, to Tornado Cash from address 0xd44. They still retain 7,263 ETH, valued at $17.9 million, in their known wallets. [Update] #Penpie hacker continues […]
TL;DR Charles Hoskinson strongly opposes the proposal to burn 1.5 billion ADA tokens, arguing it would be theft from Stake Pool Operators (SPOs) and ADA holders. The Cardano community is divided: some see the burn as a way to increase ADA’s value, while others believe the funds should support Cardano’s development. Current guidelines prohibit burning […]
Australian asset manager Monochrome has lodged an application for its newest product – an Ethereum ETF. The fund, named IETH, is set to support cash and in-kind redemptions for investors. IETH, if approved, is targeting a September launch on the Aussie exchange Cboe Australia. Though the crypto market has hit September in a bit of […]
According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA)in overseeing internet users, Yu believes these frameworks fall short because they do not translate into full user […]
Since January 2022, the Consumer Finance Institute (CFI) has collected information about cryptocurrency ownership from six different surveys; all …
The total cryptocurrency market capitalization has declined by more than $110 billion during the last seven days. This continues the broader negative trend that’s engulfed the industry in the past few months, pushing its capitalization closer to $2 trillion. Naturally, the decline comes on the back of disappointing performance on behalf of Bitcoin and most […]
It is quite clear: Market is in dire state, and things are not looking great
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.
A deep-pocketed crypto holder who bought Bitcoin (BTC) nearly 12 years ago is suddenly moving the flagship digital asset at a massive profit. On-chain data shows that on Thursday the previously dormant crypto wallet moved 31.90 Bitcoin worth $1,810,404 at the time, a gain of 487,122%. The Bitcoin was bought for under $12 in 2012. […]
Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities. This current price zone is critical, as it […]
This week, political meme tokens gained significant traction, largely fueled by RFK’s endorsement of Donald Trump and the arrest of Telegram’s CEO. The most notable among them is ConstitutionDAO’s PEOPLE token, which has surged to a market cap of $327 million, leading the political meme coin movement. Political Meme Tokens Surge: Political meme tokens gained […]
Fractal Bitcoin, a sidechain of Bitcoin created by the Unisat wallet team, is gearing up for its debut on Sept. 9, introducing a fresh twist on mining called “Cadence Mining.” This process plans to enable bitcoin miners to merge-mine with Fractal Bitcoin every three blocks, offering a unique approach to merged mining and tokenomics within […]
For the first few years after the creation of Bitcoin (BTC), cryptocurrency was seen by most as nothing other than magic Internet money that was …
TL;DR Brevan Howard, BlackRock and Hamilton Lane funds are now available on the Aptos blockchain. They include the Brevan Howard Master Fund, Hamilton Lane’s SCOPE fund and BlackRock’s ICS Money Market Fund. Tokenization facilitates access to large assets and the tokenization market is projected to reach up to $5 trillion by 2030. Libre, an innovative […]
Travala has partnered with Skyscanner, allowing over 110 million monthly users to book tickets and accommodation with crypto. The partnership is expected to push crypto adoption and showcase the utility of crypto and blockchain technology. Travala is Skyscanner’s first crypto-native travel platform, putting it next to giants like Expedia, Booking.com, and Agoda. Travala, one of […]
Mastercard has partnered with Bitcoin and crypto payments provider Mercuryo to launch a euro-denominated debit card allowing users to spend Bitcoin and crypto directly from non-custodial wallets, as per Cointelegraph. The card enables European Bitcoin holders to spend from their self-hosted wallets at any of Mastercard’s over 100 million merchants globally without needing to custody […]
With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election.
A groundbreaking new report shows the US government is losing a staggering amount of money to fraud every year. The Government Accountability Office’s (GAO) first “Fraud Risk Management” report estimates the federal government’s annual losses to fraud fall somewhere between $233 billion and $521 billion. The GAO uses fiscal data from 2018 through 2022 for […]
Bitcoin had finally seen a minor relief rally that drove it to $57,000 after the US jobs report when the bears reminded of their presence and pushed it south hard. The total liquidations have skyrocketed to about $150 million on a daily basis. The primary cryptocurrency has faced its fair share of adversity in the […]
Ethereum price struggles continue amid big sell-off
New players are emerging that challenge the dominance of established tokens like Binance Coin (BNB). While Binance Coin (BNB) has long been a market leader due to its deep integration within the Binance Coin (BNB) ecosystem, the rise of promising new cryptocurrencies like DTX Exchange Token (DTX) and Mpeppe (MPEPE) is capturing the attention of […]
The Dutch company Stiron B.V., which bought coal from the occupied territories of Donetsk and Luhansk oblasts through the scheme of Serhii …
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a five-month low in early August. […]
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $152K On Sept. 5, bitcoin and ethereum ETFs both took hits, with bitcoin ETFs leading the way in outflows. According to data […]