An Austrian businessman adjudicated bankrupt in Ireland with debts of €35m had his period of bankruptcy extended by a year-and-a-half amid claims …
Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000.
Sorry, Bitcoin bears. The leading cryptocurrency might never drop below $38,000 again
Bitcoin (BTC) has been gathering some momentum in the crypto sphere lately, crossing the $60,000 mark against multiple analysts’ signals. The world’s leading cryptocurrency has been on a wild ride, with its price fluctuations going haywire during the past few weeks. Bullish Factors Driving Bitcoin Price One major driver behind the recent price surge in […]
An Australian federal court today (Friday) ruled that Bit Trade Pty Ltd, which operates the Kraken crypto exchange in the country, violated the design and distribution obligations (DDO) while offering margin trading products to local customers. A Partial Victory for ASIC The ruling came after the Australian Securities and Investment Commission (ASIC) sued the company […]
Ex-Goldman Sachs executive Raoul Pal thinks one controversial sector of altcoins is primed to outperform other crypto assets in the coming months. Pal tells his 1 million followers on the social media platform X that the crypto world “hates” tokens with high valuations and low initial circulating supplies, otherwise known as low float/high fully diluted […]
Ripple’s CLO Stuart Alderoty is uncertain but wouldn’t be surprised if the SEC decides to appeal the recent court ruling. The SEC, having sought US$2 billion, may consider appealing despite a US$125 million fine against Ripple. Appeals are challenging as the Second Circuit court seldom reverses lower court decisions, with less than a 10% overturn […]
The victim, Kevin Mirshahi, was the owner and operator of private group called Crypto Paradise Island.
Many in the industry don’t expect the Vice President to mention digital assets at the DNC, but her views on technology and regulation could signal a shift from Biden-era policies.
Bitcoin’s price has been on a rollercoaster throughout the past few days but it appears that, at least for now, the bulls have the upper hand. They were successful in reclaiming the important technical and psychological level of $60K and are currently attempting to push BTC above $61,000. Source: TradingView However, we are headed for […]
Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations. Enter the BORG—Metalex and Lido Finance […]
Prominent investor Kiyosaki has stunned his X audience with a ‘trillion dollar’ Bitcoin post
The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key metric. Cardano Releases Date For Chang Upgrade Intersect, a member-based organization for the […]
TL;DR Grayscale Investments launches the Grayscale® Avalanche Trust, an investment fund on the AVAX token. The fund is available to accredited investors and allows for a daily subscription. Avalanche stands out for its role in tokenizing real-world assets. Grayscale Investments has expanded its range of investment products with the launch of the Avalanche Trust, a […]
TL;DR Magic Eden will launch the ME utility token, developed by the ME Foundation, for its platform and decentralized applications. The ME token will facilitate cross-chain trading on the Solana-based platform, enabling exchanges across various blockchains and enhancing the efficiency of the NFT market. To date, Magic Eden has handled over $6 billion in trading […]
Hong Kong‘s spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles. JUST IN: 🇭🇰 Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a month. Slowly and steadily 🙌 pic.twitter.com/Q83tjbS0ML — Bitcoin Magazine (@BitcoinMagazine) August 22, 2024 The […]
Republican presidential nominee Donald Trump is reportedly launching his very own cryptocurrency platform. According to a new report by CNBC, Trump has announced the launch of crypto platform The DeFiant Ones to his followers on Truth Social as a means of competing with banks. As stated by Trump, “For too long, the average American has […]
Despite a lull in on-chain activity, Ethereum’s gas fees have remained remarkably low, hovering below 2 Gwei since April. Meanwhile, the total ETH supply has grown by a modest 228,000, translating to an annual inflation rate of 0.5%. But beneath the surface, Ethereum’s fundamentals are flourishing. Due to the decrease in on-chain activity, ETH Gas […]
The Seychelles National Assembly has approved a draft bill aimed at regulating virtual asset service providers (VASPs). Finance Minister Naadir Hassan presented the bill, which is part of Seychelles’ broader strategy to address risks associated with virtual assets and VASPs. Once enacted, the law will require VASPs seeking a license to establish a substantial presence […]
Avalanche price gained 16%+ in the last week, but are positive media headlines enough to sustain the AVAX rally?
The platform is called 'The Defiant Ones,' a play on the term decentralized finance. It appears to be focused on cutting out middle-men banks from …
Bitcoin is seeing an uptick following its recent reclaim above the $60,000 mark in the past day. Amid this price performance, renowned crypto analyst Mags on Elon Musk’s social media platform X shared his latest asset analysis. According to Mags, Bitcoin could be poised for a major rally, driven by factors related to the USDT dominance (USDT.D) […]
Tron’s SunPump memecoin generator has rapidly overtaken Solana’s PumpFun, generating higher daily revenues that surpassed Solana and Ethereum. Over 30,795 tokens have been created on SunPump so far, a massive surge from the 7,000 created in the first three days after its launch. This surge in tokens generated nearly US$2M in revenue for SunPump. Meanwhile, […]
Although the altcoin market hasn’t truly exploded, several top-tier projects are still boasting triple-figure gains over the past 12 months. Australian social media analyst Miles Deutscher believes that Tron might be the next cab off the rank. Justin Sun’s DeFi ecosystem has been building traction due to its meme coin presence and heightened stablecoin activity. […]
TL;DR Shiba Eternity is a Web3 game with NFT-based cards and competitive tournaments, currently in closed beta with ongoing updates. Users are cautioned against phishing scams following the game’s beta launch. The Game’s Features Shiba Eternity is a Web3 game developed as part of the Shiba Inu (SHIB) ecosystem. It allows players to collect, trade, […]
Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have been minted to date, with an impressive 7,531 tokens created just this past Wednesday. Tron’s Meme Coin Generator Sets New Benchmarks To many observers, the […]
Peter Brandt highlights weakness of this Bitcoin cycle
Top global crypto exchange Binance is rolling out support for a new memecoin that was created out of the messaging platform Telegram community. In a new announcement, Binance says it is listing Dogs (DOGS), a memecoin on the layer-1 blockchain The Open Network (TON). Binance will first list DOGS on August 23rd in the Binance […]
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
TL;DR MakerDAO launches the NewStable and NewGovToken, while maintaining the availability of the current DAI and MKR tokens. NewStable will replace DAI for new transactions at a 1:1 conversion rate, while DAI will continue to be used for specific applications. NewGovToken will replace MKR in voting functions, with an initial rate of 1 MKR equaling […]
NBA star Jimmy Butler and crypto YouTuber Ben Armstrong, known as “BitBoy,” have agreed to settle a class action lawsuit brought against them for promoting alleged unregistered securities sold by Binance, paying a combined total of $340,000. Butler has agreed to settle for $300,000, while Armstrong will pay $40,000, according to CoinTelegraph. Despite the settlement, […]
Ethereum has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in the balance of #Ethereum vs. #Bitcoin on exchanges. pic.twitter.com/GQNlyhE6Ru — Crypto Rand (@crypto_rand) August 20, […]