According to Fortune, Coinbase’s Chief Financial Officer, Alesia Haas, said that U.S. Vice President and Democratic presidential nominee Kamala Harris is using the company’s Commerce platform to accept cryptocurrency donations for her campaign. The statement was made during a conversation with Citigroup’s Director of Payments, Peter Christiansen, at the Citi 2024 Global TMT Conference in […]
The term “blue-chip,” borrowed from traditional finance, has found its place in the DeFi world, referring to governance tokens of top decentralized finance protocols. These tokens, including UNI, AAVE, COMP, MKR, CRV, SNX, LDO, and DYDX, have established themselves as leaders since their launch during DeFi Summer 2020. Uniswap (UNI) tops the list with a […]
Shiba Shootout is a hot topic right now – and not just because of its Wild-West theme. This new meme coin has raised over $1 million in presale funds. But what’s really got investors talking is a crypto expert’s claim that Shiba Shootout (SHIBASHOOT) could make millionaires once it goes live on exchanges. Discover the Wild […]
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to […]
The Bitcoin halving has catalyzed a wave of interest in creating DeFi capabilities for Bitcoin, the world’s first blockchain network.
The founders of analytics firm Glassnode say that a bearish monthly candle for Bitcoin in September is less likely than most market participants believe. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,000 followers on the social media platform X that they doubt 2024 will print another red September. “September […]
The ridiculous social media post had terrible timing
A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market. Monero’s simplicity lends itself to its focus on privacy and […]
TL;DR Polygon has upgraded its cryptocurrency MATIC to a new token, POL, since September 4, enhancing the token’s utility for gas transactions and staking. The upgrade will enable greater community participation and create new opportunities through additional emissions. POL is designed to be a “hyperproductive” token, generating revenue from various actions, with future functions including […]
TL;DR Hoskinson about Decentralized Governance: The Chang Hard Fork introduces a new governance structure, empowering ADA holders to elect representatives and vote on key proposals, shifting control from Cardano’s founding entities to the community. Staking Rewards: ADA holders will not lose staking rewards; they can participate in governance by voting, abstaining, or delegating their voting […]
Cryptocurrency being written into the last will and testament of Australians has doubled in 2024 and skyrocketed 2400 per cent in four years.
Today, Blockstream opens the series 3 round for its second Mining Note — the BMN2. The note will be available to eligible non-US investors and has been repriced from the series 1 and 2 rounds, which occurred on July 18. This round of the BMN2 is priced at $31,000 petahash per second (PH/s), or a […]
Bitcoin price is down 22% from its record high, and many analysts expect BTC to bottom in the $45,000 to $50,000 range.
In the world of cryptocurrency, TRON Meme Coin is enjoying a surge in popularity, while Bitcoin Cash (BCH) investors explore new opportunities amidst diminishing returns. Despite these shifts, BlockDAG stands out with a stellar 1680% price increase during its ongoing presale, amassing over $69.5 million in a few months. This success, coupled with BlockDAG’s strategic […]
Popular on-chain analyst Willy Woo is updating his outlook on Bitcoin (BTC) as he suggests the market is becoming less bearish. Woo tells his 1.1 million followers on the social media platform X that the market seems to be absorbing the recent massive amount of Bitcoin sent to exchanges by the German government, the U.S. […]
In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to the TradFi community over the past five years, and it’s only now “dipping its toe into global finance.” He added that his firm, Cantor Fitzgerald, will help the traditional finance sector onboard Bitcoin as it […]
A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosures. California Court Upholds Bitcoin ATM Withdrawal Limit The California Department of Financial Protection and Innovation (DFPI) […]
XRP price is attempting a recovery wave above the $0.5500 level. The price might struggle to clear the range resistance at $0.5720 and $0.5800. XRP price started a decent increase from the $0.5330 zone. The price is now trading below $0.5650 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming […]
Cryptocurrencies are a form of digital currency secured through cryptography and computer networks. These currencies are not overseen by traditional …
TL;DR Nvidia Subpoenaed: The U.S. Department of Justice issued a subpoena to Nvidia on September 3, sparking market turmoil and significant losses in AI-related tokens. Market Impact: Nvidia’s shares dropped by 8.3% this week, while AI tokens fell by an average of 7.1%, outpacing declines in major cryptocurrencies like Bitcoin and Ethereum. Broader Trends: The […]
The upcoming U.S. Federal Reserve interest rate decision could cause significant short-term volatility and a potential correction in Bitcoin’s price. Historical patterns suggest that rate cuts often trigger a “sell the news” event, potentially pushing Bitcoin toward the $50,000 range. The overall crypto market shows signs of weakness, with a “death cross” on the daily […]
The upgrade aims to enhance rewards for restakers.
Former President Donald Trump’s decentralized finance (DeFi) project has issued a statement on its roadmap. In a new thread on the social media platform X, World Liberty FInancial – formerly known as The DeFiant Ones – says that its main mission is to spread US dollar-pegged stablecoins and the concept of DeFi throughout the world. […]
Fetch.AI (FET) is showing signs of strong investor interest and increasing on-chain activity despite recent market fluctuations. Currently, 48% of wallets holding FET are in profit, while 43% are in loss. This demonstrates a balanced but resilient market for the token. Over the past week, transactions involving amounts over $100,000 have reached approximately $191 million, […]
Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains cautiously optimistic about the long-term outlook, expecting future monetary easing to benefit crypto. Arthur […]
Bitcoin not in its best state, but worst case scenario is not that bad
In response to what it describes as a hostile takeover attempt, Bitfarms has strongly rejected claims made by Riot Platforms, accusing Riot of trying to undermine the company for its own gain. The conflict between the two Bitcoin mining giants has escalated, with Bitfarms issuing a public statement to address what it calls “misleading claims” […]
Ethereum is down nearly 35% from July highs and roughly 40% from 2024 peaks. While there is hope among holders that the coin will expand, breaking local resistance, the short-term trend favors sellers. From the daily chart, not only is ETH struggling to gain momentum and push above $2,800, but sellers have been relentless, diffusing […]
The X accounts of Lara Trump and Tiffany Trump were reportedly hacked Tuesday evening, resulting in fraudulent messages posted to promote a fake cryptocurrency token. The compromised accounts were used to falsely endorse a token allegedly linked to World Liberty Financial, a new crypto project recently promoted by members of the Trump family. Details of […]
(KRON) — On Wednesday, California Attorney General Rob Bonta announced a $3.9 million settlement with a Menlo Park cryptocurrency company, …
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.