TL;DR Ripple has announced the launch of Ripple USD (RLUSD), a USD-backed stablecoin, available on global platforms such as Uphold and Bitstamp. RLUSD is backed by dollar deposits and US government bonds, ensuring transparency and regulatory compliance. Ripple has formed a high-level advisory board, including Sheila Bair and David Puth, to guide the introduction of […]
In an ongoing legal battle between Coinbase and the Securities and Exchange Commission (SEC), the crypto exchange is intensifying efforts to access critical internal communications that could shed light on how the regulator views Ethereum (ETH) and other digital tokens. Coinbase’s Quest for SEC Documents Coinbase asked a federal judge to rule on whether it […]
Harris announced that the NYDFS has formed a dedicated team of approximately 60 professionals focused specifically on cryptocurrency. Fox Business …
A closely followed crypto analyst believes the lights are green for Bitcoin (BTC) to finally break out of its lengthy consolidation period. Pseudonymous analyst Jack Sparrow tells his 254,100 followers on the social media platform X that Bitcoin is clear for take-off after moving above $62,800. The trader shares a chart suggesting that Bitcoin will […]
In the class action suit launched by Dogecoin investors against Elon Musk, both parties have filed cross-motions seeking post-dismissal sanctions against the other. The suit had seemed to be over in August after the judge in the case threw out the plaintiff’s fourth amended complaint against Musk. The class action was launched in 2022 by […]
Solana has usurped Bitcoin as the most-traded asset among high-volume OTC traders on popular Aussie exchange Swyftx. Bitcoin is lagging just behind Solana in second place, with Ethereum rounding out the top three. Interestingly, meme coins have infiltrated the top ten most popular assets for OTC traders, with Pepe ranking higher than projects like XRP, […]
Base chain has experienced a significant boost in transaction volume in recent months, now commanding 40-60% of all activity across the three major Layer 2 (L2) blockchains. Base transaction volume has surged in the past months, with it capturing 40-60% of all volume among the three L2 blockchains pic.twitter.com/xusRTyGLkk — IntoTheBlock (@intotheblock) October 12, 2024 […]
As Bitcoin continues its journey toward recovery, recent market activity has revealed an interesting shift in investor behaviour. According to a CryptoQuant analyst known as caueconomy, institutional investors are quietly accumulating Bitcoin as retail traders reduce their positions. This observation was shared in a post on the CryptoQuant QuickTake platform, highlighting a growing trend where […]
Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and […]
Which top coins can show biggest growth this week?
We’re constantly innovating to give our clients access to new technology. Today, we’re thrilled to announce the launch of Ethereum restaking via EigenLayer, a revolutionary new way to secure decentralized applications (dApps) with your staked ETH and earn additional staking rewards. What is Ethereum restaking and how does it work? Earning rewards is no longer […]
Venture firm Pantera Capital is backing the gaming startup’s Series A, with participation from a16z Crypto, a16z Games and NFX.
Whales have been gobbling up Ethereum (ETH), the native token for the decentralized exchange (DEX) Uniswap (UNI) and a handful of other decentralized finance (DeFi) tokens, according to the crypto tracker Lookonchain. Lookonchain notes one unknown whale wallet withdrew 299,133 UNI worth $2.39 million from the crypto exchange Gate.io over the weekend. The same whale […]
September is historically one of the worst months for Bitcoin (BTC) and the cryptocurrency market. This year, however, the oldest digital asset bucked the trend, rising by over 7% and defending the psychological level of $60,000. The lack of a clear direction for another consecutive month caused investor activity to decline significantly, and with it, […]
A new paradigm for the production of nuclear energy could change the calculus for both artificial intelligence and cryptocurrency mining, but it …
I’ll admit – just a few years ago, I’d be shocked to hear myself say that the CEO of BlackRock is making good points about Bitcoin. As head of the world’s largest asset manager, I assumed Larry Fink would be Bitcoin’s biggest critic. But compared to dismissive remarks on Bitcoin from other Wall Street leaders […]
TL;DR Demand for Bitcoin has declined significantly since March’s all-time high, while investor attention has waned in a sideways market. Bitcoin supply has been restricted, with active supply measures falling to low levels. Historically, Bitcoin supply contraction has preceded periods of high market volatility. The current situation of the Bitcoin (BTC) market presents a panorama […]
MicroStrategy has inspired companies globally, with Metaplanet and Samara AG following its lead by significantly increasing their Bitcoin reserves. Samara AG plans to raise €30 million through a Nordic bond to boost their Bitcoin investments and alternative funds, subject to market conditions. Since April 2024, Metaplanet has acquired 639.5 BTC, affirming its commitment to the […]
A major crypto whale has been making significant moves in the DeFi space, accumulating various tokens. Recently, this whale withdrew 299,133 $UNI (worth $2.39 million) from Gate.io. Additionally, between August 13 and September 12, the whale withdrew 19,373 $AAVE (valued at $2.95 million) and 596 $MKR (worth $805,000) from Binance. A whale is accumulating #Defi […]
Bitcoin (BTC), the largest cryptocurrency by market capitalization, started the third week of October with a 6% daily surge. BTC’s performance has fueled bullish sentiment among crypto investors and market watchers, who suggest it might be ready to move to $70,000. Bitcoin Reclaims Key Support Levels Bitcoin began the week reclaiming key resistance levels after […]
Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections.
Floki (FLOKI) has had an impressive run this past month, surging over 20% and gaining momentum by the day. Now, investors are wondering if this trend has the legs to continue. At the same time, a new coin called Crypto All-Stars (STARS) is gaining traction – with some speculating it could follow in FLOKI’s footsteps. […]
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD […]
How long can growth of Binance Coin (BNB) and Solana (SOL) last?
We’re thrilled to announce that PONKE is now available for trading on Kraken! Funding and trading Trading for PONKE will be live as of 16:00 PM UTC today, October 15, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your […]
Venture capitalist Arthur Cheong thinks Coinbase’s Ethereum (ETH) layer-2 scaling solution Base is primed to witness a surge in trading volume. The DeFiance Capital CEO predicts on the social media platform X that on-chain spot decentralized exchange (DEX) volume on Base will flip Coinbase’s centralized exchange (CEX) volume “within six to 12 months.” “Makes logical […]
US authorities have reportedly launched a manhunt investigation to capture a German man charged with operating a $150 million crypto fraud. Horst Jicha skipped a scheduled appearance in Brooklyn federal court earlier this month and is now a fugitive, per a recent report from CNBC. Earlier this year, the U.S. Attorney’s Office for the Eastern […]
Bitget Wallet, a non-custodial Web3 platform offered by the Bitget crypto exchange, has experienced explosive growth in recent months, doubling its user base to 40 million since March and emerging as a contender to major cryptocurrency players. Bitget Wallet Surges to 40 Million Users, 100% Up in Six Months The wallet provider reported nearly 6 […]
… cryptocurrency Ponzi scheme. According to Reuters, the sentence was handed down by US District Judge Gloria Navarro in Las Vegas. In addition to …
Not so fast. Let’s take this one seriously. Vice President Kamala Harris went live with her first crypto-specific policy yesterday, vowing to help protect Black Americans who invest in cryptocurrency. This is standard issue stuff for the Democratic Party in 2024, where as Nik points out, the cause of anti-racism is alive and well. For […]
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain.
Layer 1 blockchain protocol Sui (SUI) has made headlines recently, recording an impressive 120% increase over the past 30 days, allowing the protocol’s native token SUI to outperform the top 10 largest cryptocurrencies on the market, culminating in a new all-time high of $2.35 on October 13. However, since this peak, the token has retreated […]