The Lightning Network has seen massive transaction growth in the past two years despite Bitcoin’s (BTC) bearish price action, according to a BTC technology company. River, a company that offers Bitcoin brokerage and custody services, looked at data from the operators of nodes comprising 52% of the public capacity on the Lightning Network, a layer-2 […]
A Coinbase researcher says the impact of a potential regulatory greenlight for a US spot Bitcoin (BTC) exchange-traded (ETF) has already been “partially priced in” for the top crypto asset. In a new analysis, David Duong, head of institutional research at the crypto exchange, says that the divergence between the performance of Bitcoin and the […]
Cardano’s meteoric rise may be on horizon as platform’s latest progress report aligns with bold analyst’s prediction of 2,500% increase in ADA’s price
A trader on Aave, a decentralized liquidity protocol operating on multiple platforms, including Ethereum and OP Mainnet, has begun selling wrapped Bitcoin (WBTC) to repay outstanding debt, records on October 13 reveal. WBTC is a tokenized version of Bitcoin issued on Ethereum that allows holders to engage in decentralized finance (DeFi) activities. Trader Selling WBTC To Repay […]
Bitcoin ETF and halving buzz have boosted BTC’s demand compared to Ethereum in recent weeks.
Bitcoin’s price tried to take over the $27,000 level in the past 24 hours, but the bears didn’t allow it, and the asset remains inches below that line. Most altcoins are with minor 24-hour gains after the recent price plunges, with XDC becoming today’s top performer. BTC Fails at Reclaiming $27K It was less than […]
Trading volumes on Coinbase (NASDAQ: COIN) have fallen so sharply in the past quarter that they are now below the levels seen in April 2021, when the exchange debuted on Nasdaq. According to CCData, trader activity was valued at $76 billion, a decrease of 52% compared to the previous year’s third quarter. For Coinbase, Trading […]
Bitcoin halving cycles: what's in store for cryptocurrency investors? Photo: File. This week, Bitcoin has experienced a bit of a downturn, with its …
The much-anticipated Bitcoin Amsterdam conference, Europe’s largest Bitcoin event, is kicking off today, bringing together top speakers from around the world. The event promises to be a hub for thought-provoking discussions, insights, and announcements within the Bitcoin technology sector, and comes at a time when the world’s attention is focused on the FTX trial and […]
A crypto analyst says an under-the-radar altcoin could undergo steep correction after surging by triple-digit percentage points since June. The pseudonymous trader Altcoin Sherpa says he believes the blockchain oracle altcoin Tellor Tributes (TRB) will be one of the “best coins” to short over the coming months. Altcoin Sherpa predicts TRB will “go all the […]
As per the recent development, Bitget is introducing BIGTIME to its innovation and GameFi zone. The masses believe this development is associated with the platform’s vision to offer users access to the latest innovative assets in the crypto space. Some of these include leveraged and decentralized finances (DeFi) tokens, AI tokens, and other GameFi projects. BigTime […]
The former Systematic Alpha Management LLC (SAM) CEO, Peter Kambolin, has confessed to orchestrating a deceptive “cherry-picking” scheme involving cryptocurrency futures contracts. Cherry-Picking is a fraudulent trading practice in which a person executes trades without assigning those trades to a particular trading account until the individual determines whether or not the trade has become profitable […]
It’s been quite a bearish week for Bitcoin, as the crypto has fallen around 3% since the beginning of the week. Price action, in particular, has had Bitcoin struggling to break above $27,000, indicating a potential risk of more losses below this resistance level in the near term. However, according to a crypto analyst, this […]
MetaMask was removed from Apple’s App Store for a few hours on Oct. 14, reviving concerns about legal challenges with Big Techs.
Wells Fargo says it did nothing wrong when freezing $204,000 in a customer’s account – even though it’s partially relenting to lawyers who claim otherwise. The banking giant was hit with a lawsuit after a North Carolina-based client named Ethan Parker alleged he was denied access to his money with “little to no explanation.” Despite […]
The stability of assets remains a desired trait in the volatile world of bitcoin and financial markets. Market volatility can destabilize portfolios and investments, making it critical for people and corporations to plan ahead of time. Stablecoins Explained Before evaluating their performance in times of market upheaval, it’s critical to understand what stablecoins represent. Stablecoins […]
The Cryptocurrency Global Large Top5 Index. Before this rebalancing, the digital currencies that make up the index include Bitcoin (BTC), Ethereum …
Blockstream, a global leader in Bitcoin infrastructure technology, has announced its new “Lightning-as-a-Service” solution called Greenlight, according to a press release sent to Bitcoin Magazine. This offering aims to provide the integration of fast, cost-effective Bitcoin payments through the Lightning Network for developers and enterprise clients worldwide. The current landscape of Lightning payments presents users […]
TL;DR SBF Trial reveals manipulation of Alameda’s funds, resulting in $10 billion in outstanding loans. Scheme involving frozen Chinese government funds explored, including negotiation, using crypto addresses, and bribery. Ellison exposes attempts to use Saudi Crown Prince’s money, image concerns, doctored balance sheets, and FTX’s insolvency, raising industry regulatory and investor confidence questions. The SBF […]
THORchain has recently resumed trading after suspending it last week following the movement of illicit funds through its platform. Despite the pause of trading services, other services including lending, borrowing, and staking continued to remain operational. The exchange resumed trading activities after revamping its terms of service and also added several new guardrails for two […]
Bitcoin, the leading digital asset in terms of market cap and adoption, recent activity on its price chart has led to speculation and predictions about its future trajectory. Acclaimed cryptocurrency trader, known as Mags on the X (formerly known as Twitter) platform, recently shared his analysis on Bitcoin, suggesting a significant price surge for Bitcoin […]
More signs say the acquisition will boost metaverse applications in business than in gaming as CEO Nadella talks about productivity and metaverse enthusiast Kotick leaves Activision.
Engineers are investigating a banking glitch that triggered a total shutdown of billions upon billions of dollars in bank transfers in Japan. The glitch began on Tuesday, leaving more than one million customers unable to move their money and affecting banking giants including JPMorgan Chase, MUFG and Mitsubishi Trust. The system breakdown halted a staggering […]
Shibarium partner BAD expands it real-life adoption and utility via new listing
The emergence of blockchain technology has spurred a fundamental revolution in the field of financial services. Blockchain, as a decentralized and immutable ledger technology, has impacted established financial systems in a variety of ways. Trust and Transparency The inherent transparency of blockchain is one of its most significant advantages. Records in traditional financial systems are […]
Cryptocurrency price on October 14, a quick take: The global crypto market cap stood at $1.05 trillion on Saturday morning.
“People want an authority to tell them how to value things, but they choose this authority not based on facts or results –– they choose it because it seems authoritative or familiar.” –Michael Lewis, The Big Short. Renowned author Michael Lewis published his book, Going Infinite: The Rise and Fall of a New Tycoon, on […]
In the fast-paced world of cryptocurrency, shrewd investments are the gateway to true wealth. On that note, XRP and Bitcoin Spark (BTCS) are leading the pack in financial opportunities in the crypto market. XRP Lawsuit The XRP lawsuit began in December 2020, when the United States Securities and Exchange Commission (SEC) accused Ripple and two […]
The trial against FTX co-founder Sam Bankman-Fried took an intriguing turn as Zac Prince, the CEO of defunct crypto lender BlockFi, provided testimony in a Manhattan federal courtroom. Prince’s appearance provided valuable insights into the intricate relationship between BlockFi, FTX, and Alameda Research. BlockFi’s Bankruptcy Rooted In Alameda And FTX According to a Bloomberg report, […]
A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials.
A widely followed crypto strategist believes Cardano (ADA) is close to making a steep move to the downside. Analyst Benjamin Cowen warns his 787,000 YouTube subscribers that Cardano appears to be on the verge of breaking below a key support level on the weekly chart after retesting it several times since December 2022. In technical […]