Breaking crypto laws in South Korea could soon come with a steep punishment. The country’s new “Virtual Asset User Protection Act,” which is primed to come into effect in July, prohibits crypto market manipulation, certain types of trading and the use of undisclosed important information regarding digital assets. Violating those regulations and earning an illegal […]

Dogecoin’s current metrics point to a confused path as the broader crypto market rallies after Bitcoin crossed the $50,000 level. Dogecoin has been posting some gains along with the rest of the crypto market, but behind the scenes, the meme coin’s transaction volume and whale transaction count have been discouraging.  According to on-chain data first […]

TL;DR Bitcoin ETFs see massive inflows: Spot Bitcoin Exchange-Traded Funds (ETFs) have attracted nearly half a billion dollars in the past week, indicating a strong appetite for Bitcoin among institutional investors. Bitcoin ETFs devour more BTC than miners can produce: The amount of Bitcoin being purchased by spot ETFs is outstripping the rate at which […]

TL;DR The crypto fear and greed index reached a level of 79 points, indicating “extreme greed” among investors and traders, not seen since November 2021. This increase in greed sentiment coincides with a strong rally in the price of Bitcoin, which surpassed $50,000 and recorded a 17% increase since the beginning of the year. Bitcoin […]

Crypto markets are readying themselves for an expected surge following the scheduled Bitcoin halving later this year. With history suggesting that a bull market will follow hot on the heels of the Bitcoin halving event, experts are assessing which coins will likely make a breakthrough in the crypto market. Experts are tipping Meme Moguls, SEI, […]

Following Bitcoin’s ETF approval, the crypto industry anticipates Ethereum being the next contender. While expressing optimism for an Ethereum ETF, Cathie Wood (CEO of Ark Invest) doubts any coin besides BTC and ETH gaining SEC approval. Some analysts fear Gensler’s clear disdain for the crypto industry might impact a potential Ether ETF approval. The crypto […]

Bitcoin fell below USD $50k after the recent rally, influenced by higher-than-expected U.S. inflation data and market reactions causing a broader drop. Analysts view the market’s fluctuations as normal, with optimism for Bitcoin’s prospects as long as it stays above USD $46k. Market sentiment analysis indicates Bitcoin is entering a renewed phase of belief after […]

Ripple made an announcement of its agreement to acquire Standard Custody & Trust Company, a regulated platform specializing in digital assets. By integrating Standard Custody’s limited purpose trust charter and money transmitter licenses into its repertoire, Ripple aims to fortify its portfolio of regulatory licenses. Ripple’s Diverse License Holdings Strengthen Market Position The surge in […]

Ripple – the company behind the popular cryptocurrency XRP – has announced that it acquired an enterprise-grade regulated platform for digital assets called Standard Custody & Trust Company. According to the official announcement, the move is aimed at underscoring Ripple’s commitment to regulatory compliance. Speaking on the matter was Monica Long, Ripple President, who said: […]

… cryptocurrency scam. As per Soompi, the controversy began when suspicions of a “scam coin” surfaced online, claiming a company reportedly enticed …

NASHVILLE, TN – February 12th, 2024 – Bitcoin Magazine is excited to announce a new partnership with Unchained, the leader in Bitcoin financial services, making them our Official Collaborative Custody and IRA partner in the United States Traditionally, institutional and enterprise investors, whether acquiring bitcoin itself or its derivatives, have turned to large, publicly-traded custodians […]

Payments company Ripple Labs is acquiring US-based digital asset custodian Standard Custody & Trust Company, a move that will expand its services in the crypto industry. In a new announcement, Ripple says the acquisition, which is subject to regulatory approval, will allow the firm “to strengthen its existing product offerings, as well as explore new, […]

PRESS RELEASE. USA, New York, February 13th, 2024 – CAGA Crypto, a growing project in decentralized finance, is thrilled to announce the successful start of three prominent airdrop campaigns that were launched on February 7, 2024. These campaigns offer participants the opportunity to engage with the CAGA network, earn rewards, and influence the future of […]

Will traders see correction of Bitcoin (BTC), Ethereum (ETH) and XRP this week?

Wall Street titan and Asset manager Franklin Templeton has applied for an Ethereum Spot Exchange-Traded Funds (ETF) after a struggle to gain approval for their Bitcoin Spot ETF in early January. Asset Manager Files For Spot Ethereum ETF Asset managers have gravitated toward the Ethereum spot ETF since the United States Securities and Exchange Commission […]

TL;DR Kraken, one of the leading cryptocurrency exchanges in the United States, plans to enter the market for crypto ETF custody. The exchange’s drive comes in response to Coinbase’s success in custodying Bitcoin ETFs and aims to capitalize on its industry position to stand out in the Ethereum ETF market. The company’s entry into the […]

The top cryptos eagerly await the SEC’s ruling on the Bitcoin ETF. When Gary Gensler’s X account was hacked and a false confirmation posted, Bitcoin and all other top cryptos like Solana and SEI rallied, only to fall back after the hack was revealed. New meme-based exchange Meme Moguls – now in presale – will […]

The ascent of cryptocurrencies, spearheaded by the expansive influence of Bitcoin, Ethereum, and a multitude of altcoins, has experienced significant momentum in recent years. This surge prompts a scrutiny of the implications for the broader financial services sector and, by extension, the stability of the global economy. The decentralized nature of cryptocurrencies challenges traditional financial […]

BTCS Inc. (Nasdaq: BTCS), a seasoned player in the blockchain and cryptocurrency landscape, has been steadily carving a niche for itself among public blockchain companies through strategic technological advancements and astute financial management. With a legacy of spearheading early blockchain technologies in the public markets, the company has expanded its repertoire to include new products […]

Recent developments suggest Bitcoin (BTC) could serve as more than just “digital gold,” according to a researcher at the crypto asset management giant Grayscale. In a new analysis, Grayscale’s Michael Zhao highlights Bitcoin’s surging on-chain activity. “The advent of ordinal inscriptions has revitalized on-chain activity, with over 59 million non-fungible-token-like (NFT) collectibles inscribed, generating upwards […]

Cardano has enjoyed a stellar week of trading, up nearly 14%. The development team IOHK has announced its Plutus V3 upgrade, which will improve platform performance, throughput and capabilities for dApp developers. The update brings new cryptographic features, enables sidechain bridges and reduces costs for developers on Cardano. Cardano has well and truly jumped onto […]

Crypto businesses Wintermute and The Block have partnered to create GMCI, currently providing various crypto market indices. Their first live index, GMCI 30, tracks the top 30 coins by market cap, simplifying performance observation for investors. More indices, like the GMCI DeFi Index, are planned for the future. The ultimate goal is for GMCI indices […]

Ethereum’s price has been rallying aggressively over the past few days. Yet, the market is approaching a strong resistance level that could determine the mid-term fate of ETH. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying since a rebound from the $2,200 zone. The $2,400 resistance level […]

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Earning a steady income from cryptocurrency trading is an exciting prospect for many. Whether you're new to the crypto scene or looking to refine …

Founders Fund, the venture capital firm founded by billionaire Peter Thiel, has invested $100 million in bitcoin, sources exclusively informed Reuters. The firm allocated $200 million to acquire Bitcoin and another cryptocurrency, evenly split between the two. This maneuver further highlights the return of institutional investors to Bitcoin. Founders Fund, an early institutional investor in […]

Data shows extreme greed sentiment has made a return among the Bitcoin investors after the cryptocurrency’s price has broken above $50,000. Bitcoin Fear & Greed Index Now Points Towards “Extreme Greed” The “Fear & Greed Index” refers to an indicator that tells us about the general sentiment among Bitcoin traders and broader cryptocurrency sectors. The […]

As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many of these firms have experienced double-digit increases in value against the U.S. dollar. Publicly Traded Mining Companies See Major Uptick Publicly-listed firms linked to the […]

Peter Schiff has once again slammed most recent Bitcoin rally

A widely followed crypto analyst says the collective altcoin market cap will rise much higher than most traders expect. Michaël van de Poppe tells his 692,800 followers on the social media platform X that altcoins are going to reach unimaginable new all-time highs. “People are wondering, are altcoins going to break their all-time high? The […]

According to a Reuters report, Founders Fund, the venture capital (VC) firm founded by billionaire Peter Thiel, is once again betting big on the flagship cryptocurrency, Bitcoin. The VC firm is reported to have made significant profits on their last Bitcoin investment and would be hoping that this next market cycle also brings immense rewards.  […]

TL;DR DN404, a New Token Standard: A group of developers has introduced DN404, a new token standard that aims to improve upon ERC404.  Advantages and Concerns: DN404 enables users to trade fractions of NFTs without intermediaries, fostering a decentralized trading environment.  DN404 vs ERC404: The experimental Ethereum standard, ERC404, has been successful but faced criticism for its inefficiencies. […]