A cryptocurrency whale has sold off tens of millions of dollars worth of Solana (SOL) since the year started, on-chain data shows. According to blockchain tracker Lookonchain, the whale initially sold the first batch of SOL on January 15th. Over the ensuing weeks and months, the whale unloaded 614,000 SOL worth $89 million on Coinbase, […]

HodlX Guest Post  Submit Your Post   One main goal of investing is to ensure that your money works for you at all times, whether that’s through a savings account you barely look at or through high-activity stock trading. In the past, a savings account yielding 10 percent was a reliable and safe option for many […]

Binance has announced its support for the rebranding of the $FRONT token to $SLF, coinciding with a 33% surge in the token’s value. The token swap and rebranding are part of Frontier’s transition to Self Chain, a modular, intent-centric Layer 1 blockchain with keyless wallet infrastructure. Starting on August 27, Binance will delist all existing […]

Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million pre-seed funding round led by Tim Draper and his firm, Draper Associates. While the technical feasibility of Ark’s approach was initially debated, today’s announcement is […]

Terraform Labs (TFL) – the bankrupt cryptocurrency firm co-founded by Do Kwon – is set to face a Chapter 11 bankruptcy reorganization hearing on September 19. The hearing will be crucial in shaping the company’s future as it navigates the aftermath of the Terra ecosystem’s dramatic collapse in 2022, which triggered extensive legal and financial […]

Germany’s Federal Financial Supervisory Authority, known by its abbreviation BaFin, has seized approximately 25 million euros ($28 million) in cash in a nationwide crackdown against cryptocurrency automated teller machines (ATMs). Crackdown on Crypto ATMs According to an official statement released yesterday (Tuesday), the German regulator raided 35 locations across the country and seized 13 ATM […]

US-based Solana ETFs look unlikely to happen in the short term following the removal of 19b-4 filings from the Cboe website, but a VanEck exec says the firm continues to believe SOL is a commodity and is confident SOL ETFs will eventually exist. VanEck’s position is based largely on a legal case from 2018 where […]

India is gearing up to regulate cryptocurrency and is asking for public input. A consultation paper by the Department of Economic Affairs is …

Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the […]

A crypto analyst and trader believes that a “monumental breakout” is just around the corner for Bitcoin (BTC). The analyst pseudonymously known as Rekt Capital tells his 82,400 YouTube subscribers that Bitcoin may be about to enter the parabolic phase of the market cycle based on historical precedence. “And when it comes to breaking out […]

A widely followed cryptocurrency analyst and trader is expressing bullish outlook on altcoins. The analyst pseudonymously known as Sherpa tells his 220,000 followers on the social media platform X that altcoins are likely to experience another rally similar to the one that occurred between November of 2023 and March 2024. On when the next altcoin […]

Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital infrastructure and ethical concerns hinder its adoption. Africa’s Agenda 2063 According to the head of an African […]

Crypto community stunned by huge surge in TRON’s trading activity

Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.

TL;DR Story Protocol has raised $80 million in a Series B round led by A16z Crypto, bringing the total raised to $140 million. The platform aims to tokenize intellectual property and protect creators from exploitation by major tech companies and large language models. Over 200 teams and 20 million IPs are building on Story Protocol, […]

Miami-based Bitcoin startup TMRW has raised $1.3 million in pre-seed Funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple VC led the funding round, and Bitcoin angel investors like Brad Mills joined the round. TMRW aims to leverage the Lightning Network’s speed and low costs to enable cross-border peer-to-peer payments […]

The Base network’s leading memecoin, BRETT, is experiencing a significant rally today, as its market cap soars back over $1 billion. In the last 24 hours, BRETT has surged over 36%, far outpacing most other major cryptocurrencies, which have struggled to post gains of more than 10%. Trading volume for BRETT has also spiked by […]

A publicly listed Bitcoin (BTC) miner from Wall Street, BitFuFu Inc. (NASDAQ: FUFU), has reported a significant increase in crypto mining costs and a sharp decline in net income for the second quarter of 2024, despite strong revenue growth. Bitcoin Miner BitFuFu Reports Surging Costs, Lower Profits in Q2 The company’s cost to mine one […]

The native token of a cross-chain bridge project is in the green after top US crypto exchange Coinbase suddenly announced its trading support. In a new Coinbase announcement, the platform says it is listing cross-chain bridge Across Protocol (ACX) for trading over the Ethereum (ETH) network. “Trading will begin on August 21st, 2024 at or […]

Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term […]

More and more companies in the UAE will look into including cryptocurrencies as part of the salary package in the coming years following the …

The sentiment of crypto investors can shift rapidly, and the latest buzz is around Tron (TRX) investors seeking greener pastures. Despite recent gains, top Tron (TRX) investors are reportedly losing faith in Justin Sun’s vision and are flocking to a new cryptocurrency that is currently priced at $0.001777. This emerging token, Mpeppe (MPEPE), is drawing […]

It’s unclear if the Independent presidential candidate will join forces with Donald Trump, but both are scheduled to speak in the same area on the same day.

Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable individuals, especially seniors. These scams include fraudulent investment schemes, impersonation of businesses or government entities, and blackmail, exploiting the public’s lack of cryptocurrency knowledge. Mayes urged residents to verify suspicious claims, avoid sharing personal information, and report […]

Proprietary global macro trader Mark Dow has a new warning for Bitcoin bulls

Bitcoin technology is impressive for just how many fundamental problems with money it solves. One advantage of bitcoin that is often touted is that it provides for final settlement of transactions. Final settlement means that, once a transaction is mined and enough subsequent transactions have been mined as well, it would take an infeasible amount […]

Stablecoin issuer Tether (USDT) is announcing new plans to launch a new digital asset pegged to the Dirham (AED), the currency of the United Arab Emirates (UAE). In a new press release, the firm behind USDT says that it will be working closely with the nation’s central bank as well as blue-chip tech companies to […]

A tech billionaire and Democratic donor is reportedly pulling his support for a network of crypto super political action committees (PACs), accusing the organizations of trying to topple an incumbent senator without informing him. Ron Conway, a San Francisco-based angel investor, blasted the crypto super PAC Fairshake and its affiliated organizations for announcing they planned […]

TL;DR Bitfarms acquires Stronghold for $125 million in stock, increasing its mining capacity. The deal includes a 70% premium for Stronghold shareholders and assumes $50 million in debt. The transaction occurs amid a $950 million offer from Riot Platforms and sector challenges due to Bitcoin’s halving. Bitfarms Ltd., a prominent Bitcoin mining firm, has completed […]

TL;DR Aave launches V3 on the Era Mainnet, backed by ZKsync, to enhance liquidity and yield in the Elastic Chain ecosystem. Chainlink will provide secure price feeds for the integration, improving scalability and accuracy. The protocol’s DAO has approved USDC, USDT, WETH, and wstETH as initial assets on Era and will redistribute ZKsync ecosystem airdrops. […]

Bitfarms has expanded its operations in the US with the acquisition of Stronghold Digital Mining in a stock-for-stock merger valued at approximately $125 million. The agreement also includes an additional assumption of $50 million in debt. According to the Bitcoin mining firm, this deal marks a significant milestone in its strategy to expand operations and […]

In a fresh surge, Tron’s price broke out to a multi-year high following a significant increase in demand this week. The price has increased by over 27% in the last 24 hours, and it looks bullish on the weekly chart. TRX bounced off the $0.116 level three weeks ago after witnessing a monthly breakdown at […]