Bitwise Asset Management has announced the acquisition of London-based ETC Group, the issuer of Europe’s largest physical Bitcoin ETP (BTCE), according to a press release sent to Bitcoin Magazine. This acquisition not only expands Bitwise’s global footprint but also adds more than $1 billion in assets under management to its portfolio. JUST IN: 🇺🇸 Spot #Bitcoin ETF […]

Amid recent market volatility, major cryptocurrencies like XRP have seen a wave of optimism among investors and traders as several crypto analysts continue to offer bold predictions regarding the altcoin. Even though XRP has not been able to witness a massive surge since its rally to its current all-time high in 2017, these analysts are […]

Former President Donald Trump is reportedly choosing the CEO of Tether custodian Cantor Fitzgerald to lead his transition team. According to a new report by Politico, Trump is announcing that Howard Lutnick, the chairman and chief executive of financial services giant Cantor Fitzgerald, will lead his transition team along with Linda McMahon, the former head of […]

The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS is seeking support from the Nigerian National Assembly to implement […]

Bitcoin (BTC) mining profitability experienced a slight decline in July compared to the previous month, according to a recent report from investment bank Jefferies. The analysis points to a drop in Bitcoin’s price as the primary factor impacting miners’ margins. As a result, the institution decided to lower the target price for the largest Bitcoin […]

Bitcoin’s price consolidation could convince traders that it’s time to play with altcoins. BNB, TON, AAVE and HNT are the ones on Cointelegraph’s radar.

The bond market heated up last week as stocks began to tumble. As a result, Treasury yields (the coupon premium bondholders receive for buying a bond) are falling drastically. That could be bullish news for Bitcoin price. Bonds ended last week with the largest single-day point rise in 16 months as investors fled record Wall […]

… cryptocurrency Bitcoin. By Vladyslav Severyn via iStock for-WMNF News … cryptocurrency. News and Public Affairs Monday, August 19th 2024. A …

Bitcoin bull and author of ‘Rich Dad, Poor Dad’ Robert Kiyosaki shares 3 major lessons

A crypto analyst and trader believes that Bitcoin (BTC) is on the cusp of entering the most explosive phase of its market cycle. The analyst pseudonymously known as Rekt Capital tells his 81,900 YouTube subscribers that Bitcoin may be just weeks away from going on a massive months-long rally based on historic precedence. “If history […]

TL;DR Launch of an intent-based protocol to combat MEV attacks, which have generated nearly $17 billion in profits in the past month. Allows users to define their trading intent instead of exposing raw transactions to mempools. Includes intent preprocessing, auction execution strategies and final execution through the Portikus Swap module. ParaSwap has taken a major […]

The Democratic Party’s official 2024 platform was released today on day one of the Democratic National Convention (DNC), without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administration’s hostility towards the industry.  Despite the growing significance of Bitcoin and digital assets, neither Kamala Harris or Tim Walz, […]

In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle […]

BTC price performance is getting Bitcoin traders ready for a retest of lower support levels in the short term.

Best 5 Crypto ICOs with High Return Potential in August 2024 August has arrived, bringing with it a fresh wave of investment opportunities through some promising ICOs that could pave the way for substantial returns. This month’s top contenders—Pepe Unchained, Hamster Kombat, 5th Scape, and SpacePay—each offer something unique, with the potential to carve out […]

Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue to attract […]

Bitwise Asset Management has announced its acquisition of ETC Group, a London-based issuer of cryptocurrency exchange-traded products (ETPs). The acquisition includes ETC Group’s portfolio of over $1 billion in assets under management. This move marks Bitwise’s entry into the European market. Expanding to Europe ETC Group, established in 2019, offers a range of crypto ETPs. […]

Crypto Twitter speculates on the accessibility issues of VanEck and 21Shares’ 19b-4 forms for Spot Solana ETFs. Finance lawyer Scott Johnsson believes Gary Gensler directly halted SOL ETF applications, bypassing formal disapproval due to misclassification. Despite setbacks, VanEck’s Solana Trust S-1 filing is still active, indicating ongoing efforts to secure regulatory approval. Crypto Twitter has […]

Bitcoin’s weekly candle closed below its bull market support band making it the fourth week in a row to do this. The close of $58,748 has kept the asset below key moving averages, as depicted by analyst Benjamin Cowen in a post on X on Aug. 19. Moreover, the last three weekly candles have been […]

The cryptocurrency space in Nigeria is set to be remodelled as the Federal Government unveils new tax laws by September, with a special focus on …

Digital assets manager CoinShares says that institutional crypto investors poured only minor inflows of capital into digital asset investment products last week. In its latest Digital Asset Fund Flows report, CoinShares says that Ethereum (ETH) competitor Solana (SOL) institutional crypto investment products saw record outflows last week amid an apparent loss of interest in memecoins. “Solana […]

Investment giant BlackRock is now the biggest crypto exchange-traded fund (ETF) provider in terms of assets under management (AUM). According to blockchain intelligence firm Arkham, BlackRock’s ETF holdings have outpaced that of rival and longtime crypto ETF leader Grayscale. BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust ETF (ETHA) now collectively represent $14.6 million […]

John Bollinger sets record straight on Litecoin, deflecting criticism from Bitcoin maximalists

Shiba Inu (SHIB) may be gearing up for a massive spike as cryptocurrency analysts are divided on what could come next. Javon Marks, one popular social media member in the crypto-verse, has taken to X, formerly known as Twitter, with some very bullish comments that SHIB is on the brink of a major breakout. According […]

Tether’s USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees.

TL;DR Bitwise Asset Management acquires ETC Group, marking its entry into the European market and adding several crypto ETPs to its portfolio. ETC Group, known for its physical Bitcoin ETP (BTCE) and other crypto products, will be rebranded but without significant changes to its strategies. The acquisition raises the firm’s assets under management to over […]

Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and press Vice President Kamala Harris to fire U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November. He believes this action could end the “war on crypto” and make the […]

DeFinity Markets has secured approval from the Jersey Financial Services Commission (JFSC) to launch an investment-grade digital assets matching and settlement platform. According to the company’s statement, this initiative leverages Jersey’s Virtual Asset Service Provider (VASP) framework to offer bank-backed credit intermediation to investment-grade clients. Addressing Over-collateralization The platform reportedly aims to address key industry […]

Top US-based crypto exchange platform Coinbase is announcing a $15,000 grant program to push decentralized applications (DApps) built by artificial intelligence (AI). In a new blog post, Coinbase says it’s launching the Coinbase Developer Platform (CDP) AI Builder Program to solve common issues associated with automated DApp and blockchain development. “A major barrier to building […]

Biggest Crypto Presale–BlockDAG Raises $66.7M Amid Stacks and Chainlink Market Challenges The cryptocurrency market is experiencing notable developments, with attention focused on projects like Stacks (STX), Chainlink (LINK), and BlockDAG. Stacks is currently facing headwinds despite a recent Binance listing, while Chainlink has seen a downturn, touching its lowest price of the year.  Meanwhile, BlockDAG […]

Hut 8 Corp. (HUT), a leading North American Bitcoin miner, announced its financial results for the second quarter ending June 30, 2024. The company reported a net loss of $71.9 million despite a 72% year-over-year revenue increase to $35.2 million. Hut 8’s Q2 Financial Results In an August 13 press release, Hut 8 reported that […]

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana … Bitcoin has lost 1.68% in the last 24 hours, trading at $58,467.31.