While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

After a relatively weak period of trading sideways for days and days, bitcoin’s price went on the offensive on Friday evening and Saturday morning and tapped $65,000 for the first time since early August. Some of the most probable reasons behind this $5,000 daily surge seem to be connected to the US central bank and […]

The leading cryptocurrency's impressive rally comes on the heels of comments from Federal Reserve Chairman Jerome Powell, which have sparked …

A crypto strategist who accurately called this year’s pre-halving Bitcoin correction believes the time to accumulate discounted BTC is over. Pseudonymous analyst Rekt Capital tells his 494,700 followers on the social media platform X that Bitcoin is on the verge of reclaiming its reaccumulation range. The trader shares a chart showing that Bitcoin has historically […]

The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s recent decision in the U.S. Securities and Exchange Commission’s lawsuit against Kraken. “Another court, this time in the Kraken case, confirms there’s no such thing as a ‘crypto asset security.’ Bad news for the […]

On this day in 2010, you could buy 10 Bitcoin for $1

Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of Ethereum in particular moved upward by 6.38% to nearly breach the $2800 price mark. However, […]

Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.

After remaining relatively calm throughout last week, Cardano regained momentum and advanced buying near a key level today. while the bulls appeared back in action, the trend remains bearish on a mid-term scale.   Starting this month on a bearish note, ADA dumped to the $0.28 level and later bounced back due to a sharp rejection. […]

Coinbase has expressed the belief that young, pro-crypto voters might influence the 2024 US presidential elections and potentially could become the deciding factor on who wins. In a report released on August 19, the exchange states that Gen Z and Millennials—who now represent 40% of the electorate—are increasingly supporting candidates who advocate for crypto and […]

Real Vision analyst Jamie Coutts believes Ethereum (ETH) could be on the cusp of a massive rally based on several market conditions. Coutts says on the social media platform X that momentum is building in the crypto space which could signal that the smart contract platform is about to surge. However, the analyst warns that […]

A former bank CEO has been sentenced to 24 years in prison for causing the collapse of a bank through a cryptocurrency scam that cost nearly $50 …

In a new development that is creating ripples in the cryptocurrency space, Whale Alert, one of the top blockchain trackers, has detected two huge Ethereum (ETH) transfers heading to Coinbase. Each transfer involved 150,000 ETH, totaling a staggering 300,000 ETH at nearly $395 million. These transactions were carried out consecutively. Ethereum: Market Reaction And Speculation […]

Projects that raised millions in the ICO era have struggled to gain traction.

A series of gold bullion transfers abroad by the Argentine government has sparked a series of criticisms behind this action, bringing several lawmakers to question the secrecy of this matter. While experts state that this movement has to do with the efficient utilization of these resources, the government has not issued official statements on the […]

World’s largest cryptocurrency exchange Binance expands its state, which may be precursor to historical bull run breakout

A Quest for Dominance: BlockDAG’s TG Tap Miner Challenges Dogs Mini App & Battle Bulls for the Leading Position The crypto gaming universe is on fire as three groundbreaking projects race to claim the crown in the Telegram gaming sphere. The Dogs Mini App is on the brink of launching a colossal airdrop this August […]

German authorities seized nearly 250,000 euros ($279,000) in cash and 13 crypto ATMs during a nationwide crackdown. The operation, led by the Federal Financial Supervisory Authority (BaFin), is part of a broader effort to strengthen regulatory oversight in the country’s rapidly expanding cryptocurrency sector. Germany’s Raid on Crypto ATMs On August 20, German administrators executed […]

A small business run by a husband-and-wife duo is reportedly out $43,000 after police decided to seize a cash transfer sent to them through FedEx. Henry and Minh Cheng, who run a small jewelry business, are suing the state of Indiana after police showed up at a FedEx depot and seized a package sent to […]

He stated that while Nigeria currently lacks laws governing cryptocurrency transactions, the government recognizes the necessity of regulating this …

Shiba Inu (SHIB) has recently surged past a key bullish trendline, sparking fresh optimism among traders and investors. This breakout marks a significant shift in momentum that could pave the way for a potential rally toward the $0.00002045 level. As the market eyes this potential rally, all attention turns to whether SHIB can sustain its […]

The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.

Shibarium shows large decline in key metric while SHIB price soaring

TL;DR TRON’s Revenue Surge: TRON achieved a record-breaking revenue of $5.33 million, driven by the launch of SunPump, a memecoin deployer that generated $1.14 million in just 11 days. Future Predictions for TRX: Analysts forecast a 22.59% increase in TRX’s price, reaching $0.190687 by August 24, 2024, supported by bullish market trends and technical indicators. […]

TL;DR Steno Research predicts a resurgence in decentralized finance (DeFi) in 2024, potentially reaching all-time highs. Key drivers include anticipated lower interest rates, the rise of stablecoins, and the growth of real-world assets (RWAs). Lower Ethereum transaction fees and bullish trends in top DeFi tokens like Stacks (STX), AAVE, and Maker (MKR) further enhance DeFi’s […]

The hackers who plundered $305 million worth of Bitcoin from a Japanese crypto exchange earlier this year are moving their BTC. In May, the Japanese trading platform DMM Bitcoin lost 4,502.9 BTC in what the crypto investigative firm Chainalysis called “the seventh-largest crypto hack ever.” The blockchain security firm PeckShield says wallets associated with the […]

A judge shot down Kraken’s request to dismiss claims made by the U.S. Securities and Exchange Commission (SEC) alleging the exchange violated securities laws. Last November, the SEC charged Kraken with operating its crypto trading platform as an unregistered securities exchange, broker, dealer and clearing agency. Earlier this year, Kraken filed in US District Court […]

Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges. Binance to Expand Workforce With 1,000 New Hires Amid Regulatory Scrutiny Binance CEO Richard […]

JPMorgan Chase, Bank of America, Wells Fargo and other US financial giants reportedly failed to stop a scam that wiped out an 85-year-old woman’s life savings. Annette Manes, a widowed social worker, is a victim of a scheme that drained $1.4 million over the course of 279 days, reports Bloomberg. Manes says the scammers, who […]

The official token of Simon’s Cat, $CAT, made its debut on the BNB Chain yesterday and quickly gained traction, emerging as one of the top trending cryptocurrencies on X. The token is now actively trading on major platforms such as KuCoin, Gate.io, MEXC, BingX, and PancakeSwap. Simon's Cat official token $CAT is live and now […]

The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette, disclosed that the police headquarters in the Perak District crushed 985 mining rigs worth RM1.98 million ($452,500) earlier this week. A video on the platform’s […]

Wyoming is moving towards becoming the first state to offer a state-backed cryptocurrency, Governor Mark Gordon has revealed. Advertisement.