The Securities and Exchange Commission (SEC) could potentially bring an enforcement action against Robinhood, according to a Wells notice recently issued to the company’s cryptocurrency trading arm on May 4. This development comes despite Robinhood asserting that the assets listed on the platform are not securities. Navigating Regulatory Challenges “On May 4, 2024, Robinhood Crypto […]

Bitcoin price extended its increase above the $64,000 resistance. BTC is now holding gains above $62,800 and might aim for more upsides. Bitcoin traded to a new weekly high at $65,500 before there was a downside correction. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish […]

While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.

Whales reportedly had a field day over the weekend, gobbling up millions of dollars worth of digital assets from crypto exchange Binance. Blockchain tracking firm Lookonchain says that on Saturday, crypto whales withdrew stacks of the decentralized oracle project Chainlink (LINK), meme token Pepe (PEPE), decentralized exchange Uniswap (UNI), stablecoin governance token Maker (MKR) and domain […]

A widely followed crypto strategist says one Dogecoin (DOGE) challenger is way ahead of its fellow altcoins. Pseudonymous analyst Cred tells his 624,100 followers on the social media platform X that he’s bullish on the frog-themed memecoin Pepe (PEPE). According to the crypto strategist, PEPE is leading the altcoin pack in terms of market structure […]

Meme coins have surged and are predicted to rival established coins like Polkadot and Tron.  In the aftermath of Bitcoin’s halving sell-off, analysts were vindicated in their predictions that TRON’s price would maintain support above $0.11. Now, market experts are forecasting a bullish resurgence for Polkadot and Raboo. Raboo’s fusion of social-fi and artificial intelligence […]

A wallet that laid dormant for 10.3 years has suddenly sprung to life, transferring all 687.33 bitcoins, worth almost $44 million, on May 6, according to Lookonchain’s latest findings. The wallet in question had received the 687.33 BTC, valued at $630,000 at that time, on January 12, 2014, when bitcoin’s price was $917 and, interestingly, […]

Contrary to several earlier reports, it has been revealed that not only were 687.33 bitcoins transferred from a dormant 2014 wallet on May 6, 2024, but the owner also appears to have expended a total of 1,005.33 BTC, equivalent to almost $64 million at current exchange rates. 1,005 Bitcoin Worth $64 Million Moved From 2 […]

Can upcoming week become bullish for Bitcoin (BTC)?

In the ever-evolving realm of digital finance, cryptocurrency mining stands as a beacon of innovation and opportunity.

Crypto.com has reached a new milestone by surpassing 100 million users globally, marking a significant achievement for the company since its inception in 2016. The cryptocurrency exchange attributes this achievement to its latest marketing campaigns, which include partnerships with renowned personalities, venues, and events. Partnerships Propel Crypto.com Some of the marketing efforts include hosting NBA […]

The current Bitcoin price behavior and its deviations from expected cyclical patterns remain a central theme of analysis. Crypto analyst Rekt Capital (@rektcapital) recently shared new insights on X concerning Bitcoin’s potential peak during the ongoing bull run, which is progressing at an atypical pace compared to historical data. When Will Bitcoin Peak This Cycle? […]

Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days.

TL;DR Hermetica Labs launches USDh, Bitcoin’s first native synthetic dollar, yielding up to 25%. USDh is fully backed by the leading cryptocurrency and offers a bank-free and fiat-currency alternative. The integration of USDh into the L1 and L2 layers of BTC promises a revolution in decentralized finance. Innovation in the world of decentralized finance (DeFi) […]

TL;DR Bitcoin volatility is decreasing, signaling a trend towards market stability. BTC faces selling pressure from whales, but short-term investors show signs of reducing selling pressure. Macroeconomic factors and developments in the crypto industry influence market expectations. The Bitcoin (BTC) market has been experiencing significant swings in recent weeks, marking a trend towards greater stability […]

Coinbase has enjoyed a stellar start to 2024, with its Q1 earnings call blowing 2023 figures out the park. Although earnings appeared great on face value, investors weren’t as impressed and Coinbase’s stock fell 3% in the days following. Meanwhile, CEO Brian Armstrong spoke strongly about the performance of Coinbase’s L2 venture, Base, and its […]

BlockDAG Excels with $23.2M Presale Following Moon Keynote Video Teaser, Outshining Ethereum ETF Developments, and Fantom’s Meme Coin Initiatives The cryptocurrency market is currently focused on significant regulatory and innovation shifts. While the Ethereum ETF awaits crucial regulatory decisions, and the Fantom Foundation enhances the security of its meme coins, BlockDAG steals the spotlight with […]

According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly […]

Bitcoin is not out of the woods yet despite massive gains

The trading app's cryptocurrency arm received a notice regarding impending action from the SEC on May 4.

The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far […]

Over 90% of stablecoin transactions do not originate from real users, a recent study by Visa and Allium Labs revealed. These findings raise questions about the potential of stablecoins revolutionizing the payment sector despite the optimism from industry leaders and the overall positive market sentiment. Stablecoin Potential in Payments Out of a staggering $2.65 trillion […]

Telegram, the messaging giant, has reached a staggering 900 million users. This surge directly impacts Telegram Open Network (TON), the blockchain designed to work seamlessly within Telegram. TON has seen a remarkable 15% growth in the last week, highlighting its potential to become a mainstream crypto player. TON price action. Source: Coingecko TON: Cheap Transactions […]

Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.

TL;DR MetaMask’s New Feature: MetaMask, a leading crypto wallet for Ethereum, has launched a new feature called ‘Smart Transactions’ to help users avoid the negative impacts of maximal extractable value (MEV), a significant issue in the Ethereum network. Virtual Mempool: The ‘Smart Transactions’ functionality enables users to preliminarily place transactions in a “virtual mempool” before their definitive registration on the blockchain. This digital mempool is designed to […]

Chainlink teams up with Rapid Addition to develop a FIX-native blockchain adapter, enhancing institutional digital asset trading. The collaboration allows banks and financial institutions to smoothly connect with a range of tokenised assets through their current infrastructure. This joint effort represents a major advancement in merging conventional financial systems with blockchain technology. Chainlink continues to […]

Cryptocurrency can be a threat to the environment. Let us explore the Green Bitcoin which can be an Eco Friendly Cryptocurrency.

As the crypto market exhibits signs of a burgeoning altseason, crypto analyst Alex Wacy has shared a strategic forecast with his 175,000 followers on X. Wacy predicts a selective yet explosive growth phase for altcoins, emphasizing the critical nature of asset selection and market timing. Crypto Market Outlook And Asset Selection Strategy Wacy’s recent thread […]

Investors are keenly looking for the next ample opportunity as the cryptocurrency market witnesses a surge in 2024. Amongst the frontrunners, BlockDAG steals the spotlight with its innovative mining technology, outpacing other popular options like Ondo, Optimism (OP), and Aptos. BlockDAG’s user-oriented mining solutions have positioned it as a top choice in May 2024’s cryptocurrency […]

PRESS RELEASE. Abu Dhabi, AE, May 6, 2024 – Amidst the 2024 resurgence of the bull market, with Bitcoin breaking the $72,000 mark, the demand for sophisticated market making has skyrocketed. Coinrate.pro has emerged as a trailblazer with its innovative market making strategies and forward-looking vision. Sergey Smotrov, the CEO of Coinrate.pro, unveils the company’s […]

Pseudonymous BTC creator Satoshi Nakamoto envisioned privacy in Bitcoin’s whitepaper

Today, we double down on our European expansion strategy by announcing a new strategic partnership that enables us to actively enhance our product offering in Germany, a key market for European crypto adoption. Starting around July 10, 2024, we expect to offer German clients access to a range of innovative crypto products via a dedicated […]