Ethereum co-founder Vitalik Buterin has recently expressed his support for Plasma, a Layer 2 scaling solution for Ethereum. This endorsement has led to a significant increase in the value of the OMG Network token, which surged by 10% following Buterin’s comments. Plasma, which Buterin also created, is designed to allow the Ethereum blockchain to handle […]
Solana rallied above the $60 resistance against the US Dollar. SOL price is up over 50% in a few days and might continue to rise toward the $75 level. SOL price started a major rally above the $55 resistance against the US Dollar. The price is now trading above $60 and the 100 simple moving […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The Chicago Board Options Exchange (CBOE), the largest US options exchange, has announced a move to […]
Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation.
Poloniex, the cryptocurrency exchange compromised for over $100 million on November 10, has provided an update on its recovery efforts. The company said that the steps to restore its operations were almost complete and that the crypto exchange was operating smoothly. Poloniex’s team has engaged a security auditing firm to fortify the platform’s defense. Once […]
An Ethereum (ETH)-based decentralized finance (DeFi) protocol has exploded in price amid a recent spike in whale activity and new addresses, according to the crypto analytics firm Santiment. YFI, the native asset of automated yield-farming protocol Yearn.Finance, is trading at $10,242 at time of writing. Santiment notes that the number of YFI transactions valued at […]
Blockchains are decentralized and distributed ledgers that can record any information including financial transactions across a network of computers. A block is an information system that holds a group of transactions or recordings in chronological order and is connected to other blocks, forming a chain. Hence, the name of the technology is ‘blockchain.’ Cryptocurrencies – […]
Binance, the world’s largest cryptocurrency exchange, is set to expand its global footprint with an anticipated crypto exchange launch in Thailand. This is a joint venture with Gulf Innova, a unit of Gulf Energy Development, which has recently received approval from Thailand’s Securities and Exchange Commission. Binance Eyes Thailand Crypto Exchange Rollout In a statement […]
Sam Bankman-Fried was once hailed as the poster boy for cryptocurrency, but the 31-year-old's conviction in New York for fraud and conspiracy to …
Immutable, a prominent player in the layer-2 blockchain arena, has announced a transition for its Immutable zkEVM Testnet. Starting November 20, the testnet will undergo a regenesis, transitioning to a Geth-based client from its current Polygon Edge framework. Immutable zkEVM Testnet Embarks on Major Regenesis On November 15, Immutable announced that its layer-2 blockchain, the […]
Cathie Wood of Ark Invest predicts an unprecedented surge in Bitcoin’s price to $600,000
Bitcoin proponents have reason to be merry as the alpha coin has gracefully ascended to a promising valuation of nearly $38,000 as of late Wednesday, reclaiming its throne with the highest value seen in the last 12 months. Bitcoin bounced back strongly from its battering the day before, reaching within striking distance of a new […]
In recent interviews, Cathie Wood, CEO of Ark Invest, shared her cautiously optimistic perspective on the potential approval of a Bitcoin ETF. The evolution in the Securities and Exchange Commission’s (SEC) response to Ark Invest’s ETF submissions is keeping the financial community on edge. In particular, Wood noted a significant change in tone as the […]
In a recent interview on the Coin Stories podcast hosted by Natalie Brunell, U.S. Presidential candidate Vivek Ramaswamy discussed his views on Bitcoin, why the government should leave Bitcoin alone, and the BlackRock spot Bitcoin ETF. The presidential candidate said Bitcoin “is an opt out from the broken financial architecture created by by the U.S. Federal Reserve system. […]
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move.
The team behind the top decentralized exchange (DEX) by trading volume is unveiling the Android version of its new crypto wallet. Uniswap Labs, the creators of Uniswap (UNI), says in a new announcement that it’s dropping a new crypto wallet for Apple iOS software competitor Android. Uniswap says the new wallet is “built for swapping,” […]
Commerzbank, a German financial institution, has secured a crypto custody license from local regulators. This positions Commerzbank as the first “full-service” German bank to be granted such a license under the legal framework of the German Banking Act. Commerzbank’s Plan for Traditional and Digital Assets The license allows Commerzbank to provide custody services for crypto […]
According to Rufus J Wright, CEO of cryptocurrency miner hosting company Crypto Caverns, the downfall of FTX gathering so much public attention is a …
In the wake of Ripple’s announcement regarding the integration of an Automated Market Maker (AMM) into the XRP Ledger (XRPL), the community has been abuzz with speculation and debate. Central to this discourse is the potential transformation of XRP in light of this update, particularly in regard to its classification and function as a digital […]
Turkey will roll out new crypto rules that are likely to focus on exchange licensing and taxation. The new rules are expected in 2024 as the government reins in an industry that has boomed amid alarming inflation in recent years. According to sector officials, Turkey’s crypto rules could include minimum capital and cybersecurity requirements for […]
TL;DR Shiba Inu and Manny Pacquiao Partnership: Shiba Inu announced a collaboration with boxing legend Manny Pacquiao, coinciding with the release of The Shib Magazine’s second edition and a 3,000 NFT giveaway. Pacquiao’s Boxing Achievements: Manny Pacquiao is celebrated for winning 62 of 72 professional matches and being the first boxer to win lineal championships […]
Is altcoin market strong enough for continued rise?
The collapse of FTX may have dominated discourse at DC Fintech Week, but onstage, Kraken CEO Dave Ripley made the case that this event was simply a bump in the road to a future where finance moves fully to the blockchain. In a panel discussion featuring industry leaders like Galaxy founder Michael Novogratz, Bitso CEO […]
An analyst who’s been making timely Bitcoin (BTC) calls recently believes that the crypto king is still poised for a big surge despite yesterday’s drop. In a new video update, Credible Crypto tells his 351,400 followers on the social media platform X that Bitcoin may be in the latter stages of a wave four corrective […]
Atomically purchasing digital files with digital currency is an idea that has a long history in this space. Digital goods, digital money, the two seem like a perfect pairing together. Digital goods, i.e. information, are also massive markets. Think about all the video, audio, text, games, and other forms of digital content that people purchase […]
Bitcoin’s halving is months away, and cryptocurrency companies are getting excited. Don’t be surprised if some companies fail as they rush products to market.
Recently, Lookonchain, a reputable on-chain crypto market resource, conducted an in-depth analysis of the mood surrounding Ethereum (ETH) as it not only surpassed the $2,000 threshold but also maintained this level for several consecutive days. The primary objective of this analysis was to decipher whether the recent actions of crypto whales and influential investors indicated […]
The Crypto market has been experiencing an important change in capital flows, mainly the best-known Stablecoins, marking a significant milestone in the last year and a half. According to recent data, measured by blockchain data provider Glassnode, they reveal a positive net flow of money into the market through the well-known Stablecoins, tokens pegged to […]
Superintendent Adrienne Harris of the New York State Department of Financial Services (NYDFS) has unveiled new guidance on coin listing and delisting policies. This latest development sets new industry standards and reflects the department’s stance on adopting crypto assets. According to the official statement by the NYDFS, the updated guidelines introduce risk assessment standards, focusing […]
… cryptocurrency exchange, "BITPOINT." The game is co-developed with … The platform is designed to be user-friendly for beginners, allowing easy and …
The price of Ethereum (ETH) exhibited superior performance compared to Bitcoin (BTC) in the previous week, mostly because of the registration of Blackrock’s Spot ETF, which instilled optimism that ETH will surpass its previous peak in 2023 and exceed $2,500. In a groundbreaking twist since the Ethereum (ETH) Shanghai upgrade earlier this year, the value […]
Billionaire venture capitalist Chamath Palihapitiya says that markets are ripe for a strong rally as a deluge of capital looks to find a new home. In a new episode of the All-In Podcast, the billionaire says that the macro picture is starting to look positive for the United States. The Social Capital founder first looks […]