With the commencement of the 2024-2025 football season, another sports sponsorship has been sealed. Today (Wednesday), blockchain firm BlockDAG revealed its three-year deal with German football club Borussia Dortmund (BVB), worth $10 million. Deep-Pocketed Crypto Firms Entering Football The latest deal came after Coinbase, one of the big names in crypto exchanges, extended its agreement […]

The number of owners of cryptocurrency assets worth more than $1 mln has almost doubled (+95%) over the past year and amounted to 172,300 people, …

Company Name: Bitwise Asset Management Founders: Hong Kim and Hunter Horsley Date Founded: December 2016 Location of Headquarters: San Francisco, CA and New York, NY Amount of Bitcoin Held in Treasury: Undisclosed Number of Employees: 65 Website: https://bitwiseinvestments.com/ Public or Private? Private In 2016, Hong Kim and his co-founder at Bitwise Asset Management (Bitwise), Hunter Horsely, […]

In a move to bolster the usage and adoption of its decentralized finance (DeFi) lending platform, MakerDAO is undergoing a significant rebranding. The lending protocol, founded by Rune Christensen in 2014, will now be known as ‘Sky’, a shift aimed at appealing to a wider user base. MakerDAO Reinvents Itself As ‘Sky’ MakerDAO was one […]

Shiba Inu see price slip off as Shibarium metric plummets

US crypto exchange Coinbase is employing artificial intelligence to mitigate against potential downtime during times of heavy traffic. Coinbase says it has deployed a machine-learning model that “predicts spikes in user traffic” and automatically deploys more server resources to pre-empt potential outages. “Crypto markets can be volatile. On the Coinbase platform, spikes of user activity […]

JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again, similar to 2022, influenced by the Fed’s ongoing quantitative tightening (QT) and slower bank loan growth. JPMorgan Strategist Foresees U.S. Liquidity Contraction Ahead Nikolaos Panigirtzoglou, […]

Pavel Durov was reportedly offered to move Telegram to Paris during his meeting with the French president in 2018.

TL;DR Milestone Achievement: PayPal’s stablecoin, PYUSD, surpassed $1 billion in market capitalization, driven by its expansion to the Solana blockchain. DeFi Incentives: Attractive yield incentives on Solana-based DeFi protocols have significantly boosted PYUSD’s adoption and market presence. Competitive Landscape: Despite facing competition from established stablecoins like USDT and USDC, PayPal is actively integrating PYUSD into […]

BitMEX co-founder Arthur Hayes recently published an article titled “Sugar High,” highlighting the short-term effects of the Federal Reserve’s potential interest rate cut. Hayes also emphasized that assets like Bitcoin will likely benefit from a liquid global financial market that may come from inflation. Japanese Yen Could Disrupt U.S. Financial Market In a keynote address […]

Applications for registration as a cryptoasset exchange or custodian wallet provider have dropped by 51% over the past three years, according to data obtained through a Freedom of Information (FoI) request by global law firm Reed Smith. The Financial Conduct Authority (FCA) reported that only 29 applications were submitted between May 1, 2023, and April […]

Today the market capitalization of cryptocurrencies has dropped by more than 5% compared to yesterday's prices and there have been strong …

Today marks the tenth anniversary of the passing of Hal Finney, a renowned cryptographer and computer scientist who played a pivotal role in the early days of Bitcoin. Finney, who passed away in 2014 due to complications from ALS, is celebrated for his profound contributions to Bitcoin and his foresight into the future potential of […]

Of late, Floki has been in the headlines, with investors apparently mixing this frenzy with a mix of technical analysis and improving on-chain data. Floki, a meme coin named after Elon Musk’s Shiba Inu dog, is making waves within the crypto market. According to analysts such as CryptoAnalystHub and Javon Marks, this token is predicted […]

Wyoming is reportedly planning to soon launch its own stablecoin pegged to the US dollar in an effort to generate additional revenue. CNBC reports that the state is hoping to roll out the so-called Wyoming stable token by the first quarter of 2025. The token project aims to allow businesses and individuals to transact in […]

Bitcoin Soars on Fed Pivot: Bitcoin surged 7% following Fed Chair Powell’s Jackson Hole speech. But can it last? I took advantage of the momentum, pocketing $10k AUD in just 24 hours! Are Alts Ready to Explode? Altcoins are breaking out! resistance levels have been shattered, and support levels are being retested. Is it time […]

Bitcoin & Solana Slump Sparks Rush: Grab BlockDAG at Low Prices Now— Few Coins Remaining! As Bitcoin slips to a precarious $59,000, sparking fears of a sharper descent, and as Solana’s trading volume takes a 72% hit, the crypto market writhes in uncertainty. This situation brews a perfect storm for the vigilant: the nearing close […]

Renowned Bitcoin supporter Michael Saylor has published tweet about ‘Bitcoin rules’

Starknet’s v0.13.2 upgrade brings faster transactions with parallel execution, redefining Layer 2 scaling on Ethereum.

Bitcoin.com, a leader in the cryptocurrency space since 2015, has once again raised the bar by launching an innovative Web3 game in collaboration with Playnance, a Web3 game developer founded in 2020. The new offering, called “Bitcoin Up or Down,” allows users to predict Bitcoin price movements and earn rewards. Players choose to join the […]

Ripple has been trading within a tight range of $0.55 to $0.63, with the price recently facing a significant rejection near the critical $0.64 resistance level, retracing toward the range’s lower boundary. Despite this pullback, the asset is anticipated to undergo a period of sideways consolidation within this range until a breakout occurs. XRP Analysis […]

Partnerships with major football brands like Juventus and Atalanta are set to help Polish-born cryptocurrency exchange zondacrypto spread its international wings. In an exclusive interview with Finance Magnates, the platform’s CEO Przemyslaw Kral reveals the company’s plans for the coming quarters and shares predictions for future Bitcoin (BTC) prices. zondacrypto Bets on Sports to Gain […]

Ownership and trading in cryptocurrency are no longer the preserve of the sophisticated investor. In 2024, the investment website Investopedia …

Nasdaq, in collaboration with CF Benchmarks, has filed with the Securities and Exchange Commission (SEC) to list and trade the Nasdaq Bitcoin Index Options (XBTX). If approved, this new product will offer investors a sophisticated tool to manage and hedge their Bitcoin investments through options, which the Nasdaq said will further “the maturity and liquidity […]

Bitcoin is weaving through a consolidation phase since marking a new all-time high of $73,777 in mid-March. Since then, Bitcoin’s daily closing prices have exhibited significant restraint, never sealing above $71,500 and maintaining a floor above $54,000, though it has seen a major intraday low touching $49,000. This consolidation phase has nudged the Fear and […]

Ex-Goldman Sachs executive Raoul Pal believes that Ethereum (ETH) competitor Solana (SOL) could have a massive price explosion this cycle. In a new interview on the Empire podcast, Pal predicts that Solana will put up somewhere around 900% gains in the coming months. “The whole space goes up a lot [in the next 12 months]. […]

Coinbase chief executive Brian Armstrong has rolled out a new “on-chain score” platform for crypto wallets. Onchainscore.xyz assesses crypto wallets for “onchain-nativeness” on a 1-100 scale and provides information about the wallet’s activity history, token swaps, bridge transactions and the number of transactions on Ethereum (ETH) and the layer-2 scaling solution Base. Armstrong shared results […]

TL;DR Terraform Labs (TFL) will begin to close its operations and management of the Terra blockchain will become a community-based process. Proposal 4818 will be the last upgrade to the chain before TFL closes its operations. The key bankruptcy restructuring hearing is scheduled for September 19 and will determine the future of the company. Terraform […]

One of oldest assets on market might finally turn into part of history

Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds.

As the global market cap decreases this week, XRP turns slightly bearish after tapping $0.63. It has seen a 10% loss but is still charging for more drops. This may lead to a huge fallout if the bulls fail to intercept.  Since the price dropped from the $0.66 level in July, XRP has found it […]

The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable […]