Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.

The research arm of a top crypto exchange is warning traders to keep an eye on open interest (OI) while trading altcoins. In its latest Alpha research findings, Bitfinex says that a drop off in OI has helped many altcoins, like SUI and AAVE, rally tremendously. “We believe that a risk-on sentiment and the ability […]

An original Ethereum investor has suddenly moved millions of dollars of ETH after remaining inactive for years, according to blockchain tracking firm Lookonchain. Lookonchain notes that the whale participated in Ethereum’s 2014 initial coin offering (ICO) when they received 150,000 ETH at the Genesis block. According to the blockchain tracking firm, the initial investment that […]

Celestia (TIA) has seen strong growth, rallying 24% in 24 hours and 46% over the past week. The recent US$100 million fundraising effort by the Celestia Foundation has significantly fuelled this price surge. Since launching, Celestia has developed a robust ecosystem, highlighted by the first 20 rollup chains. Celestia aims to surpass Visa-like transaction speeds […]

Pendle’s bearish trajectory has continued to suspend amid the latest price growth. This positive action has changed the market landscape as it currently leads the daily altcoin rally with 24% gains since yesterday. Pendle’s price action is still within the bearish zone on a mid-term but its market structure appeared to be changing on the […]

A group of Republican lawmakers, headed by Rep. Patrick McHenry and Sen. Cynthia Lummis, have raised concerns over the Securities and Exchange Commission’s (SEC) approach to regulating crypto custody. In a letter addressed to SEC Chair Gary Gensler, the lawmakers demanded the agency “rescind” its Staff Accounting Bulletin No. 121 (SAB 121). Critique of SAB […]

PRESS RELEASE. ONE WEEK, ONE BTC, UP TO 100 BITCOINS! FREEROLL! Indeed, one Bitcoin every week! This is the Bitcoin tournament to be launched by the MTT Sports project in October, which attracted significant attention at Token 2049 in Singapore. Best of all, it’s entirely free for participants. What exactly is MTT Sports? Over the […]

The SEC has been grilled by appeals court judges

Coinbase and the US Securities and Exchange Commission renewed their legal tussle over the agency’s refusal to create specific rules for the crypto space. This legal confrontation in a Philadelphia appeals court highlighted the rift between the rapidly evolving crypto industry and US regulators. Coinbase contended that the SEC’s current regulatory framework is unsuitable for […]

Between UFC appearances, podcast interviews and cryptocurrency ventures, former President Donald Trump's campaign has made it their mission to …

Shiba Inu (SHIB) may be on its way to reclaim former price highs, as a crypto analyst identified as the ‘Charting Guy’ has confirmed the reappearance of a unique symmetrical triangle pattern on the SHIB price chart. A breakout from this symmetrical triangle could see Shiba Inu potentially rallying above 200% from its current price.  […]

A leading US-based crypto exchange is establishing its European footprint by acquiring the Dutch crypto broker Coin Meester B.V. (BCM). In a new press release, Kraken says it has closed on a deal with BCM that will “strengthen” the crypto exchange’s presence in Europe. “With the acquisition of BCM, one of the Netherlands’ oldest and […]

A closely followed analyst and trader thinks that altcoins are gearing up to have their time under the sun and outperform Bitcoin (BTC). Crypto strategist Ali Martinez tells his 72,200 followers on the social media platform X that he’s keeping a close watch on the TOTAL3 chart, which tracks the market cap of all digital […]

TL;DR Binance has surpassed a trading volume of $100 trillion, driven by the recent recovery of Bitcoin’s price, which has once again crossed the $63,000 mark. The platform has added 70 million users in the last year and a half, reaching 200 million registered users, representing about 36% of the global total. Despite facing regulatory […]

TL;DR Bank of New York Mellon (BNY) plans to offer custody services for cryptocurrencies, such as Bitcoin and Ethereum. Despite this opportunity, BNY notes that the SEC’s SAB 121 rule limits banks’ ability to provide these services, which poses an obstacle to their expansion. The crypto custody market is valued at approximately $300 million and […]

Company Name: LNbits Founders: Ben Arc Date Founded: Project: 2019 | Company: 2022 Location of Headquarters: Fully remote (most developers based in Europe) Amount of Bitcoin Held in Treasury: N/A Number of Employees: 6 (+ “a couple dozen other developers”) Website: https://lnbits.com/ Public or Private? Private Five years ago, Ben Arc first had the vision […]

NEAR extends its 50% gain as user activity, network TVL and a critical network upgrade boost interest in the blockchain.

eToro has expanded services around cryptocurrencies in Germany with the launch of spot trading, the company announced. Until now, it has only allowed its German customers to trade cryptocurrency contracts for differences (CFDs). Spot Trading with Local Partners The Israeli broker further confirmed that it has partnered with DLT Finance to offer spot trading and […]

Invest in cryptocurrency-related stocks. For those hesitant about direct Bitcoin investment, consider investing in cryptocurrency-focused stocks.

Some top coins of Solana, Bitcoin, and even Ethereum are edging higher. However, while holders are barely up double digits over the past week, a meme coin trader on Solana is swimming in profits at spot rates. MooDeng Trader Turns $800 To $1.3 Million According to Arkham, a blockchain intelligence platform, the trader, who got […]

Despite a 2021 ban, China continues to lead in Bitcoin mining hashrate distribution. The US, Kazakhstan, and Russia are experiencing growth in mining activities, with the US share increasing steadily. CryptoQuant’s CEO highlighted that US miners are mostly institutional, contrasting with China’s smaller-scale operations. The rivalry in crypto policies between the US and China could […]

50% Bonus Now Live –  AIC & SUI Traders Streams into BlockDAG Presale as BDAG50 Code Rolls Out   SUI’s open interest has recently soared to $295 million, indicating a significant uptick in trader engagement, while AI Companions (AIC) is at a pivotal $0.18, challenging its resistance levels. Yet, the focus is intensifying on BlockDAG’s prospective […]

According to a Sept. 23 report by tech outlet The Information citing ‘people familiar with the matter,’ the blockchain prediction platform is in talks to raise $50 million in funding. The New York-based company is also considering issuing its own token to run its betting market, with potential funding round investors receiving warrants to buy […]

Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold (zig) from severe market disruptions. He also pledged to maintain a tight monetary policy to ensure stable inflation and exchange rates. The zig, a gold-backed currency, has experienced a decline in value against […]

The media mogul has slammed crypto for wasting too much energy

Today we announced the closing of the Coin Meester B.V. (BCM) acquisition, a key element in our European growth strategy.  With the acquisition of BCM, one of the Netherlands’ oldest and most respected registered crypto brokers, we have significantly expanded our Dutch footprint and enhanced our business with a registered Virtual Asset Service Provider (VASP) […]

Bitcoin rallied strongly after the previous two stimulus package announcements by the People’s Bank of China.

Miami, Florida, September 24th, 2024, Chainwire Floki is proud to announce that Valhalla, an innovative Web3 play-to-earn game, is in a groundbreaking partnership with Alliance, a leading global esports organization.  The partnership with Alliance allows Valhalla to tap into the vast esports audience, introducing gamers to the benefits of Web3 while combining exciting gameplay with […]

Kraken has announced the completion of its acquisition of Coin Meester B.V. (BCM) today (Tuesday). This acquisition is a part of Kraken’s strategy to grow in Europe. With BCM, one of the oldest registered crypto brokers in the Netherlands, Kraken has expanded its presence in the Dutch market. This move also strengthens Kraken’s operations as […]

Coinbase and the U.S. Securities and Exchange Commission (SEC) clashed in a Philadelphia federal appeals court on Monday as the cryptocurrency …

Solana is holding the $140 support zone. SOL price is rising and might aim for a fresh increase above the $152 resistance zone. SOL price started a fresh increase from the $142 zone against the US Dollar. The price is now trading near $1465 and the 100-hourly simple moving average. There is a connecting bearish […]

The accused hackers behind a nearly $250 million Bitcoin (BTC) exploit reportedly shot themselves in the foot in a new leaked recording. Days ago, the U.S. Attorney’s Office for the District of Columbia said authorities are charging California and Connecticut residents Malone Lam, Veer Chatel and Jeandiel Serrano with conspiracy to steal and launder $250 […]