After touching recent highs of $64,653 for Bitcoin and $2,815 for Ethereum, in a sudden move backward, the cryptocurrency market had sharply backpedaled on Thursday, with Bitcoin shedding more than 6% and Ethereum dropping more than 7%. This sudden fall has left many analysts and investors wondering about the future course of some of the […]

California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.

The crypto exchange Abra has settled with the U.S. Securities and Exchange Commission (SEC) for a yet-to-be-determined amount over charges stemming from alleged unregistered investment offerings. The SEC specifically accused Abra’s parent company, Plutus Lending LLC, of failing to register its retail crypto asset lending product, Abra Earn. Abra settled the SEC’s charges without admitting […]

Crypto community seeing intense trading activity for Ethereum amid recent crash

BlockDAG Signs $10M – 3 Year Deal with Borussia Dortmund; MATIC Eyes Bullish Trend as FLOKI Breaks Resistance The buzz is all about Polygon’s (MATIC) anticipated rally, with signs pointing to growth and a rising market interest. Simultaneously, Floki’s (FLOKI) value ascends steadily, having overcome major resistance levels, suggesting more increases are on the horizon. […]

A long-dormant Bitcoin (BTC) address has been reactivated after more than 11 years of inactivity. The wallet, which holds 100 BTC, was brought back to life on August 29, according to blockchain tracking service Whale Alert. Worth a mere $14,202 when the address was last used in 2013, the crypto stash has jumped by more […]

On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s Difficulty Jumps as Earnings Dwindle Bitcoin’s difficulty ticked up […]

The co-founder of decentralized finance (DeFi) platform Maker (MKR) says that the rebrand of its stablecoin will have a freeze function but that DAI will continue to operate normally. In a new thread on the social media platform X, MakerDAO creator Rune Christensen says that DAI itself will not feature a freeze function – or […]

Large Bitcoin (BTC) traders may be suddenly rotating capital into altcoins in pursuit of greater returns, according to analytics firm Santiment. Santiment says on the social media platform X that Bitcoin is seeing a significant decline in open interest while top altcoins like Ethereum (ETH) and Solana (SOL) are not. Open interest is the total […]

TL;DR Bitfarms expands in the U.S.: Bitfarms Ltd. takes control of a new data center in Sharon, Pennsylvania, marking its first large-scale site in the U.S. with up to 120 MW of power capacity. Strategic benefits: The Sharon site, located in the largest U.S. wholesale electricity market, offers competitively priced power, ideal for Bitcoin mining […]

The publicly-listed Bitcoin (BTC) miner from Wall Street (NASDAQ: ARBK) and London Stock Exchange (LSE: ARB), Argo Blockchain, announced today (Wednesday) its interim results for the first half of 2024. The company reported an 18% increase in revenue to $29.3 million compared to the same period last year, achieving growth despite the Bitcoin halving event […]

The cryptocurrency market has taken a serious beating. Bitcoin has dipped below the 59,000 level, while Ethereum tumbled almost 10%.

This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy. If, in 2021, the identity of Satoshi Nakamoto remains a mystery, so too does the two-year period from 2008 to 2010 when Bitcoin’s creator served as the project’s principal developer and leader. Yet, far from a lifeless period of […]

Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is […]

The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media. 

Monthly and quarterly closes at the end of this week. US Policymakers solidify the reality of interest rate cuts & US GDP and Inflation data to impact markets over the next two days. Altcoins analysis: IMX and RUNE After a breakout on Friday last week, we now find Bitcoin trading just above last week’s open […]

The Open Network (TON) faced its second outage due to heavy network load from minting DOGS tokens, a memecoin on the TON blockchain. Pavel Durov, Telegram founder and CEO, was arrested in France on charges including fraud and facilitating organised crime; he was released after paying a €5M bail but remains under investigation. Due to […]

Staggering 1.48 trillion PEPE tokens have just exited world’s largest crypto exchange, Binance

The realized capitalization of Bitcoin long-term holders (LTH) surpassed $10 billion this week for the first time ever. This highlighted the growing confidence among investors who hold the asset for extended periods, typically more than 155 days. The LTH metric is particularly crucial because it reflects the conviction of these holders in Bitcoin’s long-term potential, […]

Telegram founder Pavel Durov was reportedly scheduled to dine with French President Emmanuel Macron on the day he was arrested, sparking controversy. French authorities detained Durov, and reports indicate that he had informed them about the planned meeting. The allegations led to a political backlash, with accusations against Macron for stifling free speech. Did Macron […]

Top Crypto Presales For August 2024: Seize Opportunities Early Each month brings a fresh set of opportunities in the bustling world of cryptocurrency, and August 2024 is brimming with potential. As presales kick into high gear, the early participants could find themselves on the winning side, far from the sidelines. But with many choices, picking […]

BitMEX co-founder Arthur Hayes thinks impending rate cuts in the US will drive up the price of Bitcoin (BTC). In a new blog post, Hayes said comments made by Federal Reserve Chair Jerome Powell last week indicate the Fed is “reaching for the rate cut sugar high before hunger arrives.” While speaking in Jackson Hole, […]

Crypto.com announced today that US users can now add PayPal as a payment method to fund cryptocurrency purchases. By linking their PayPal and Crypto.com wallets, users can transfer funds from PayPal to Crypto.com to purchase available crypto tokens. This feature will soon expand to other markets outside the US. PayPal Payment Option Introduced Eligible users […]

Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrencies can be sent from user to user without the need …

Lightspark, a leading Bitcoin Lightning Network payments company, has announced the launch of Lightspark Extend, its new solution that allows businesses to facilitate instant Lightning payments to eligible account holders in the United States. 🚀 NOW LIVE: Lightspark Extend connects Lightning to eligible US account holders in real-time. With Lightspark Extend, seamlessly send UMA-powered payments […]

Bitcoin has observed a plunge to the $59,000 level during the past day. Here’s what could be behind it, according to on-chain data. Bitcoin Exchange Inflow Spiked Just Before The Crash In a new post on X, CryptoQuant Head of Research Julio Moreno discussed the latest trend in Bitcoin Exchange Inflow. Exchange Inflow is an on-chain metric that tracks […]

After his arrest on Aug. 24, French prosecutors said they had indicted Pavel Durov with criminal charges related to his role at Telegram.

TL;DR US spot Bitcoin ETFs saw $127 million in net outflows after eight days of gains, with ARKB ETF leading the outflows at $101.97 million. Overall trading volume remained high at $1.2 billion, indicating continued institutional interest despite the outflows. The outflows highlight the volatility and sensitivity of the cryptocurrency market, emphasizing the challenges in maintaining investor […]

TL;DR BNB Chain has launched its new official crypto bridge in collaboration with Celer, deBridge, and Stargate to enhance interoperability and liquidity. The bridge facilitates connections between various chains and Layer 2 networks such as Ethereum, Arbitrum, and Polygon, providing a more efficient experience for cross-chain transactions. BNB Chain is also establishing a liquidity pool […]

Shiba Inu team once again warning its community to beware of certain threats in crypto space

Data released by the Australian Federal Police as part of their Scam Awareness Week education campaign shows Aussies reported $382 million of losses to investment scams in the 2023-24 financial year, with almost half of these losses involving crypto. The data also shows that contrary to popular belief, it’s not just the doddery oldies losing […]

Donald Trump has announced a new batch of NFT trading cards, continuing his bid to win crypto votes in the upcoming November elections. The Republican U.S. presidential nominee took to his Truth Social account to unveil the non-fungible token while posting a promotional video of himself saying people call him the “crypto president.” NFT Trading […]