Lately dogecoin (DOGE) has been behaving more like a greyhound and less like the Shiba Inu dog that represents the meme-based cryptocurrency.

The Bitcoin network has reached a major milestone, processing its one billionth transaction yesterday, an achievement comes 15 years and 4 months after Bitcoin’s genesis block was mined on January 3, 2009. JUST IN: #Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW — Bitcoin Magazine (@BitcoinMagazine) May 5, 2024 At an average rate of […]

Smart contracts platform Avalanche (AVAX) is generating excitement in the crypto community with a potential breakout signal. Prominent analyst World of Chart has identified a bullish technical pattern that could propel AVAX prices significantly higher in the coming days. Falling Wedge Pattern Hints At Upside World of Chart points to the presence of a “falling […]

Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp.

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets Worldcoin with a new bill. South African Ponzi Scheme […]

GBTC finally delivered value as Bitcoin ETFs saw net inflow of $378 million on Friday

A crypto analyst who caught the 2022 Bitcoin bottom thinks BTC is close to witnessing a best-case scenario following mostly bearish price action last month. In a new strategy session, pseudonymous analyst DonAlt tells his 59,200 YouTube subscribers that Bitcoin looks strong after losing $60,000 earlier this month only to recover the key level a […]

Economist Henrik Zeberg says that a loss of strength for the dollar could be the catalyst that breathes new life into crypto assets. Zeberg tells his 136,000 followers on the social media platform X that lower bond yields and a weakening dollar index (DXY), which pits the dollar against a basket of other major foreign […]

As the cryptocurrency sector faces fluctuations, Mantle has seen a notable decline, dropping 26.47% over the past month. Meanwhile, significant Ethereum transactions by whales have been spotted. In contrast, BlockDAG (BDAG) continues to excel, raising an impressive $22.9 million in its ongoing presale and integrating 10 new payment methods to purchase BDAG coins, enhancing accessibility […]

Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored with researchers from the MIT-IBM Watson AI Lab. Elliptic revealed a successful identification of illicit proceeds deposited at a cryptocurrency exchange, new patterns of money […]

A new report from the Better Business Bureau (BBB) indicates that investment schemes, including those involving cryptocurrency, are now the most …

Cardano (ADA) might be going through a lackluster price action at the moment, but analyst Ali Martinez believes the crypto might be gearing up for a parabolic run. While taking to social media platform X, Martinez talked about an intricate price analysis that ADA investors might find appealing. Particularly, the analyst noted that the cryptocurrency’s […]

It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.

JPMorgan Chase will pay a total of $448 billion to US regulators for failing to monitor potential market misconduct on billions of transactions in its global trading operation. In a filing with the U.S. Securities and Exchange Commission (SEC), the banking giant says it has made a deal with an unnamed US regulator that will […]

The post Coinbase CEO Brian Armstrong Says Layer-2 Solutions Will Drive Many Use Cases in Crypto Economy appeared first on Crypto News Australia.

The post Here’s the Next Price Target for Bitcoin As BTC Repeats Previous Bull Market Pattern: Crypto Analyst appeared first on Crypto News Australia.

A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense. However, Nigerian authorities reportedly provided the attorney with an additional 300-page document containing further evidence during a […]

Along with increased network activity, Dogecoin’s price has skyrocketed

The American cryptocurrency exchange, Coinbase, is embroiled in yet another class-action lawsuit. This lawsuit alleges that investors were misled into purchasing tokens classified as unregistered securities. Filed last Friday, the class action also contends that the exchange’s business model is unlawful. Another Class Action Against Coinbase According to the lawsuit, Coinbase’s listed tokens—such as Solana, […]

While the latest CRO crypto updates show a stable market and VeChain (VET) exhibits a strong price uptrend, BlockDAG steals the limelight with its rapid presale progress and the upcoming launch of the X1 miner app. Having already amassed $22.9 million from its 10th presale batch and preparing for batch 11, BlockDAG is poised for […]

Amid rising geopolitical tensions and sanctions, Russia is reportedly preparing to enact a strict ban on the widespread trading of cryptocurrency assets like Bitcoin, allowing only digital financial assets to be issued within its own jurisdiction. This move is part of a broader government effort to regulate the cryptocurrency ecosystem. Only miners and projects approved […]

Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa’s head of crypto doesn’t agree.

An employee at a billion-dollar bank has reportedly been arrested and accused of stealing money from the account of a deceased customer. Latia Wynn of Wilmington, Delaware, was arrested by police for allegedly withdrawing $44,000 from a deceased customer’s account at WSFS Bank, NBC affiliate Philadelphia10 reports. When one of its customers passed away in […]

… cryptocurrency exchanges, showcasing an impressive advancement of ten spots in the last month alone. This growth is underscored by a surge in …

Solana (SOL) is currently up by 4% after jumping from $142 to $148 in the past 24 hours. Interestingly, Solana has made a 23% gain from $119.56 since May 1 and could hold on to sustain this price increase steadily for the rest of the month. On-chain data has revealed behind the scenes that some […]

Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s total hashrate has experienced a decrease, with a […]

Bitcoin ETFs have been success story; however, demand for them decreases

The post Crypto Trader Says Three Altcoins Are His Golden Tickets, Flips Bullish on One Memecoin With ‘Monster’ Chart appeared first on Crypto News Australia.

Vodafone foresees mobile phones, especially through SIM cards, as central to accessing blockchain-based services and digital identities by 2030. They plan to link 5.6 billion digital wallets to SIMs for secure financial services, enhancing identity verification and encryption. Palmer of Vodafone sees potential in using layer-2 blockchains for financial apps, despite regulatory challenges, promoting significant […]

The lawsuit claims that Solana, Polygon, Near, Decentraland, Algorand, Uniswap, Tezos and Stellar Lumens tokens are securities.

A subsidiary of US-based crypto exchange Kraken is reportedly greatly benefiting from the success of the spot Bitcoin (BTC) exchange-traded fund (ETF) boom. According to a new report by Bloomberg, CF Benchmarks – a London-based subsidiary of Kraken that provides reference data for about $24 billion in crypto ETFs – is emerging as an under-the-radar […]

BlockDAG X1 App Launch: Pioneering Mining, Targeting $30 BDAG by 2030 Amid Shiba Inu Burn and Chainlink Forecasts As the Shiba Inu community continues to manage token supply through burns, the Chainlink (LINK) price prediction remains optimistic, suggesting a possible rebound. BlockDAG is preparing for the debut of its X1 mobile mining app on June […]