A closely followed crypto strategist believes that rallies are in store for one artificial intelligence-focused altcoin. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he’s accumulating Artificial Superintelligence Alliance (FET). The trader shares a chart suggesting that FET could carve a bottom at around $1.10 before breaking out […]

Zürcher Kantonalbank (ZKB), Switzerland’s fourth-largest bank, has begun offering its clients Bitcoin and crypto trading and custody services. With over $290 billion in assets under management, ZKB provides services to retail, corporate, and institutional clients.  JUST IN: 🇨🇭$290 billion Zurich Cantonal Bank launches #Bitcoin and crypto offerings. pic.twitter.com/ILUTSHWn8V — Bitcoin Magazine (@BitcoinMagazine) September 4, 2024 […]

TL;DR Ethereum has faced a challenging month following a 30% drop in July, with $476 million in outflows from its ETFs. The Grayscale Ethereum Trust (ETHE) unlock and the massive sale of 410,000 ETH by large holders have intensified market pessimism. Currently, ETH is priced at $2,485, with a slight daily recovery of 1.9%, but […]

The owner of Dogecoin’s mascot recently announced on Twitter they have adopted a new fluffy puppy – Neiro. The new dog, a Shiba Inu, naturally inspired a wave of meme coins minted across the Web3 sphere. Neiro Ethereum became the clubhouse leader for market cap and trading volume – however, a report from internet sleuth […]

The Bank of Japan has announced potential interest rate rises coming in January 2025, spreading concern among crypto investors. A cash rate increase would see a strengthening Yen vs the US Dollar – which could cause millions worth of positions to be liquidated. In such situations, high-risk assets like crypto are often the first to […]

We’re thrilled to announce that we’ve extended the network coverage of POL to include the Polygon Network!  This is an important step as we work towards supporting the Polygon team’s objective of migrating all MATIC to the POL token. To find out more about this migration, check out our Support Center.  In the coming months, […]

The memecoin sector rides a bullish wave after surging 5.4% in market value as the broader market optimism fuels a massive investment influx. PEPE and Dogwifhat (WIF) prices are recovering stronger by rallying past immediate thresholds and legging up for a mega breakout to reach their early heights of 2024. Meanwhile, DTX Exchange (DTX) leads […]

Outlier Ventures’ new report claims the four-year Bitcoin halving cycle “is dead,” arguing that halving events no longer significantly impact bitcoin’s price due to a maturing crypto market. The report suggests the influence of halvings diminished after 2016, with recent price movements driven more by Bitcoin ETFs and macroeconomic factors, such as the post-Covid capital […]

Legal experts have criticized the SEC’s enforcement action

Bitcoin ATM scams are on the rise, with fraudsters increasingly using these machines to target vulnerable consumers. Data from the Federal Trade Commission (FTC) reveals a nearly tenfold increase in scams involving Bitcoin ATMs since 2020. In 2023 alone, reported losses exceeded $110 million. Emma Fletcher, a senior data researcher at the FTC, explained that […]

Binance Coin (BNB) remains a dominant force. However, even seasoned BNB holders are always on the lookout for new opportunities to maximize their returns. Recently, a new gambling-focused token, Mpeppe (MPEPE), has caught the attention of Binance Coin (BNB) investors. This token is generating buzz for its potential to deliver 100X profits. Let’s explore why […]

Decentralized Finance (DeFi) platform Penpie, built on the Pendle network, reportedly suffered a major exploit on September 3, 2024. According to the real-time on-chain monitoring system Cyvers Alert, the hack led to the loss of at least $26 million in various wrapped and synthetic crypto assets. Details of the Attack Emerge The security surveillance company […]

Discover why the cryptocurrency market is crashing today. Explore market volatility, altcoins plunge, and the impact on Bitcoin and Ethereum.

Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.

As we enter a new era of development on Bitcoin, it has become very hard for most people to understand the nuances of the L2 debate, and ever harder to follow some of the technical jargon associated with it. Sidechains, rollups, sequencer, multisig, ZKP…. In this report, we’ll try to shed some light on those […]

TL;DR Euler launches v2 of its DeFi protocol with a modular design for highly customizable lending and deposit vaults. The new version, following a year of development and audits, supports a wide variety of digital assets and allows for flexible risk management. v2 introduces the capability to use deposits from other vaults as collateral and […]

TL;DR The CFTC has imposed a $175,000 fine on Uniswap Labs for allegedly offering digital asset derivatives illegally. According to the investigation, the protocol facilitated leveraged digital asset trading that violated physical delivery regulations under the Commodity Exchange Act (CEA). Despite the fine and cease-and-desist order, UNI token has risen 5% to $6.41, showing resilience […]

Playtron plans to launch SuiPlay0x1, a handheld crypto gaming device, in 2025.  It aims to compete with the Steam Deck and Nintendo Switch, featuring “seamless” Web3 functionality. The device can run both crypto and traditional PC games, and it has adjustable quality settings and expandable memory. The device has seen demand, given that 1,000 pre-orders […]

Ripple is developing a new EVM-compatible sidechain that will enable cross-chain transfers between XRPL and Ethereum. Axelar will play a key role in connecting the new sidechain with over 55 blockchains. Ripple is eager to work with DeFi developers to provide input into the functionality of these new smart contracts. Cross-border payment company Ripple has […]

The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder and CEO of INX. Datika, a veteran of both traditional and digital finance, argues that such a framework would not only provide clarity but also […]

These are three key reasons why Bitcoin bulls should be worried

The increasing difficulty of mining cryptocurrencies and a further 9% drop in its price has negatively impacted Wall Street Bitcoin (BTC) miners in August. The publicly listed CleanSpark (NASDAQ: CLSK) and Bitfarms (NASDAQ: BITF) have both reported a decline in their Bitcoin production compared to the previous month. CleanSpark and Bitfarms Report Decreased Bitcoin Production […]

Cardano (ADA) remains a significant player, attracting investors with its promise of scalability and innovation. However, recent trends indicate that Cardano (ADA) investors are diversifying their portfolios by adding new and promising tokens. One such token that has captured their attention is Mpeppe (MPEPE), a revolutionary meme cryptocurrency that blends sports fandom with blockchain technology. […]

A closely followed trader is offering his two cents on why he thinks memecoins have exploded in popularity among crypto traders. Pseudonymous analyst Jack Sparrow tells his 251,000 followers on the social media platform X that traders are not sinking capital on memecoins because they believe in their fundamentals or whether meme communities will serve […]

The bull season is an important period in the crypto industry when several assets surge to new highs and investors make tremendous profits on their investments. As we approach the next bull run, experts have identified three utility crypto tokens that have the potential to make the next crypto millionaires in 2024.  They are ETFSwap […]

Threat actors use social engineering tactics. Cryptocurrency firms have been warned by the FBI regarding increasingly sophisticated, stealthy, and …

The Penpie protocol hacker funneled $7 million through Tornado Cash hours after stealing $27 million, highlighting DeFi security risks.

[PRESS RELEASE – Santa Clara, CA, September 4th, 2024] The idle TON game BANANA, powered by CARV, has smashed through another milestone, reaching 8 million users within just four weeks of its launch. This achievement makes BANANA one of the most successful TON-based mini games, underscoring the remarkable potential of the TON blockchain for driving […]

U.S. spot Bitcoin ETFs witnessed a significant exodus of funds, with $287.8 million withdrawn across the listed ETFs yesterday, marking the largest single-day outflow since May 1, Farside Investors data reveals. According to Arkham data, the only ETF that did not experience withdrawals was BlackRock, which reported zero outflows. EIGHT ETFs sold $287 MILLION BTC in […]

BitMEX co-founder Arthur Hayes says he may have identified a reason why Bitcoin (BTC) is not rallying despite a looming Fed rate cut. Late last month, Fed Chair Jerome Powell hinted at upcoming rate cuts in a speech at the Jackson Hole economic symposium. The speech ignited rallies in crypto and equities, sending Bitcoin to […]

On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million in outflows. Bitcoin and Ether ETFs Start the Week With Outflows Sept. 3 proved challenging for the 12 bitcoin ETFs, which reported a combined net […]

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