The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At the same time, the miner hash price has plunged to a record low. According to a report from CryptoQuant, Bitcoin’s hashrate currently stands at 627 exahashes per second (EH/s), representing a significant recovery from an […]
Cardano’s trading volume rockets 68% as ADA price action heats up, sparking intense market attention
Some buzz has now surrounded ThorChain after new on-chain info dropped that might change the trajectory of RUNE, its native token. According to CoinGecko, RUNE’s trajectory is upward with a whopping 17% gain since last week. This shows that investors believe RUNE has long-term potential once the effects of its latest developments are reflected on […]
South Korea’s National Pension Service now owns more than $32 million worth of MicroStrategy (MSTR) shares after investing in the Bitcoin (BTC)-friendly US firm earlier this year. The Pension Service, which reportedly manages $764.8 billion worth of assets at the end of 2023, has accumulated 24,500 MSTR shares as of June 30th, according to a […]
Two long-dormant Bitcoin whales sprang to life this week and moved $11 million worth of BTC after sitting on the top crypto asset for more than a decade. The crypto tracker Whale Alert notes the first address moved 174 BTC worth $10.16 million to another unknown wallet early Friday morning. The whale hadn’t touched the […]
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure […]
Some analysts are bullish on Cardano's future, citing historical data that suggests the cryptocurrency could be on the cusp of a significant …
US gov’t won’t sell $590M Bitcoin on Coinbase. Does Harris plan to continue Biden’s crypto crackdown? Hodler’s Digest
BlackRock now largest crypto ETF issuer
$PEPE, once hailed as the “King of Memes,” has recently faced a significant downturn, touching its lowest point on August 5th and struggling to regain upward momentum. Despite a brief recovery after that dip, $PEPE has now returned to its previous low, reflecting the broader decline in meme tokens across both the Ethereum and Solana […]
For the week ending Aug. 17, Bitcoin price continued its shaky action, even as low consumer inflation signaled an upcoming dollar supply glut and the S&P 500 Index rallied. The latest U.S. consumer inflation readout gave the Fed more ammo to justify a big rate cut in September. That’s bullish news for Bitcoin, because more […]
Recent market dynamics have again brought Ethereum’s supply into the spotlight and reiterated concerns about its inflationary trend. Earlier this year, Ethereum reached a significant milestone in its circulating supply, surpassing 120 million ETH and the number continues to grow. Unlike other prominent cryptocurrencies such as Bitcoin and Cardano, which have fixed supply caps, Ethereum […]
Model and self-proclaimed “human barbie doll” Jessica Alves says her bank account has been terminated because she’s on OnlyFans. Alves says she received an account closure notice from Barclays in the mail and promptly went to a branch in London to figure out what happened, reports the Daily Mail. “I have banked with Barclays for […]
A former JPMorgan employee is in the cross hairs of the Financial Industry Regulatory Authority (FINRA) over alleged regulatory violations. FINRA says it’s penalizing Dale Self with a $5,000 fine and suspending him from associating with its members for 15 business days for “improperly” taking the personal information of dozens of customers from J.P. Morgan […]
Bitcoin miners could increase profitability and improve “bad balance sheets” by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck.
Retail investing is still driving spot Bitcoin (BTC) exchange-traded funds (ETFs), but more institutions are sinking capital into the new products each quarter, according to a senior analyst with crypto intelligence platform K33 Research. K33’s Vetle Lunde notes on the social media platform X that 262 additional professional firms purchased investments in spot BTC ETFs, […]
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by broader financial factors. Jack Mallers, the founder of Strike, shares this sentiment, asserting that “bitcoin is the best expression of […]
Former President Donald Trump continues to captivate public interest with his latest financial disclosures, which expose the complex sources of …
Cardano has witnessed intense trading activity as market eyes price reversal
A decentralized finance (DeFi) altcoin is outperforming the broader crypto market this week, sparking a 30% surge amid inflation rate cuts. In a new blog post, DeFi protocol Curve Finance (CRV) says that for its fourth birthday, it is undergoing one of the most significant emissions reductions in its history, one that ends all emissions […]
Polkadot has been on the down low since last month with investors and traders pulling out of the market. According to CoinGecko, the token is down more than 16% in the past 2 weeks. With the bears in control of the market, Polkadot’s short-term gains might be compromised. Despite showing that Polkadot can still pack […]
TL;DR Circle’s New Framework: Circle introduces the Token Capital Adequacy Framework (TCAF) to enhance stablecoin risk management, addressing unique challenges like market volatility and technological risks. Dynamic Risk Management: TCAF uses stress-testing and stakeholder input to create adaptive capital requirements, ensuring stablecoin issuers maintain adequate reserves for potential losses. Industry Impact: This innovative approach sets […]
Back in 2019, Justin Wilson, a young IT professional, would juggle two jobs to pay off his tuition debt. Though one might find it hard to believe, one fine day, everything changed for Wilson. He stumbled upon a hidden gem, Solana (SOL). Back when Solana was trading at just $1 per coin, Justin took a […]
On Aug. 15, crypto compliance and research firm Chainalysis released the first part of its 2024 crypto crime report. The firm revealed that aggregate illicit activity on-chain has dropped by 19.6% year-to-date, down from $20.9 billion to $16.7 billion. It added that this demonstrates “that legitimate activity is growing more quickly than illicit activity.” Part […]
The lawyer’s claims spark questions about market stability amid the potential sale of Silk Road Bitcoin by the US Marshals.
Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his brother, Donald Trump Jr., have been hinting at. In an exclusive interview with the New York Post, Trump revealed that the project revolves around “digital real estate.” He emphasized that this venture is “equitable” […]
Brian Klein, a top cryptocurrency lawyer, defends clients in high-profile cases, setting legal precedents in blockchain and fintech law.
Shibarium’s 83.6% transaction crash shakes Shiba Inu as SHIB and BONE defy downturn with price increase
Ethereum (ETH) price has struggled amid another market shakeout. The second-largest cryptocurrency by market capitalization fell below the $2,600 support zone for the third time in the past week, prompting crypto analysts to evaluate the next levels to watch out. ETH’s Key Support Zone To Watch Out The crypto market has seen several retraces throughout […]
If the fund was aiming to increase its Bitcoin exposure, there would be more “evidence of direct exposure initiatives,” according to an analyst.
The newly launched native token for a Web3 infrastructure project skyrocketed by 38% this week despite the wider crypto market downtick. AVAIL, the utility token for the Avail ecosystem, is trading at $0.151, up from $0.109 seven days ago. The 190th-ranked crypto asset by market cap is also up more than 3% in the past […]
Safely and quickly turning digital assets into cold, hard cash is paramount for many investors in the fast-paced world of cryptocurrency. One of the emerging players within this space is the Cryptoheap, which has created creative solutions to help in this conversion with more earning potential. This article discusses the CryptoHeap, ways to earn from […]