Increasing new use cases across Cardano likely played key role in sustained growth

The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June.

TL;DR Coinbase Announces cbBTC: Coinbase teased the launch of a new tokenized Bitcoin product, cbBTC, aimed at competing with Wrapped Bitcoin (WBTC). A registration portal for cbBTC is already live. Building on Base Network: Coinbase plans to create a Bitcoin economic system on its Base network, addressing community concerns over WBTC and Justin Sun’s involvement. Community Buzz […]

Marathon Digital Holdings, one of the largest publicly traded Bitcoin miners, purchased $249 million more worth of Bitcoin. This latest acquisition expands Marathon’s corporate bitcoin treasury to over 25,000 BTC. JUST IN: 🇺🇸 Marathon Digital Holdings buys 4144 #Bitcoin worth $249 million. pic.twitter.com/PnMm9RLuev — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024 On August 12th, Marathon announced […]

Riot Platforms Inc. (NASDAQ: RIOT), the third biggest Bitcoin (BTC) miner on Wall Street, has increased its ownership stake in rival Bitfarms Ltd (NASDAQ: BITF) to 18.9%, further intensifying its efforts to reshape the Canadian miner’s board of directors. Riot Platforms Boosts Stake in Bitfarms, Continues Push for Board Changes In a regulatory filing on […]

The chief executive of stablecoin issuer Circle says that the US crypto industry is looking for a clear statement from presidential candidate Kamala Harris on her stance on digital assets. In a new interview with CNBC Television, Circle CEO Jeremy Allaire says that the digital assets industry is looking for Harris, who became the Democratic […]

A widely followed crypto believes that Solana (SOL) can reasonably climb by more than 850% before the current cycle expires. Pseudonymous analyst Kaleo tells his 643,700 followers on the social media platform X that Solana appears to be mirroring the price action of Ethereum in late 2020 just before ETH skyrocketed to its all-time high […]

Overnight, US inflation metrics locked in four consecutive months of declining inflation.  Bitcoin and Ethereum ETF Flows continue to remain steady.  Altcoins analysis: SOL and ETH After the storm of events last week, this week has potentially brought more of a cautious tone to the market, with Bitcoin currently trading only +0.22% higher since the […]

Unconfirmed reports suggest India and the UAE are using XRP instead of the US dollar for oil traded, potentially challenging the petrodollar system. Ripple recently achieved somewhat of a win in the legal battle with the SEC and formed a strategic partnership with the UAE’s DIFC Innovation Hub to boost blockchain adoption. This partnership aims […]

The federal government has frozen more than $37 million worth of cryptocurrency held in wallets believed to be owned by some protest.

The Bitcoin price continues to trade sideways, as uncertainties on the macro side have made investors undecided about their next move. Crypto analyst Michael van de Poppe has provided insights into Bitcoin’s price trajectory and has raised the possibility of the crypto dropping to as low as $48,000.  What Could Make Bitcoin Drop To As […]

Yesterday, the crypto market witnessed a significant event: over $1 billion in USDT was withdrawn from exchanges, marking the largest outflow of Tether since May. While large deposits on exchanges are often seen as bullish, signaling that investors are preparing to buy assets, withdrawals can be more complex and open to interpretation. One possible reason […]

Jailed Binance employee and an American citizen, Tigran Gambaryan, is reportedly experiencing severe health issues. Since a Nigerian court adjourned his hearing to October 11, his detention conditions have worsened, and his legal team has been blocked from visiting him, violating Nigerian regulations. Gambaryan requires specialized surgeries for a herniated disc and recurring throat infections. […]

XRP’s golden cross just around corner, but it needs another push

United States stablecoin giant Circle says tap to pay functionally for USDC will be coming “soon” to iPhones.

[PRESS RELEASE – London, UK, August 15th, 2024] XDB CHAIN, a pioneering blockchain platform, is revolutionizing the Real World Assets (RWA) market. By creating token representations of branded interactions—such as product usage and community membership—XDB CHAIN transforms intangible assets into valuable digital ones. This innovative approach can position XDB CHAIN as a leader in the […]

The Securities and Exchange Commission has approved the launch of MSTX, the first leveraged single-stock ETF targeting MicroStrategy. The ETF will seek to deliver 175% of MicroStrategy’s stock’s daily return. JUST IN: 🇺🇸 SEC approves the first leverage long MicroStrategy ETF. pic.twitter.com/9NYrLh81sD — Bitcoin Magazine (@BitcoinMagazine) August 15, 2024 MSTX is issued by Defiance ETFs, […]

Cryptocurrency analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC). Svenson tells his 79,000 YouTube subscribers in a new video that Bitcoin is primed to see “continued upside, a continued recovery.” “The reason why is because the stock market is bouncing right back.” Source: Kevin Svenson/X According to Svenson, the S&P 500 […]

TL;DR New Update: dYdX Chain will launch the dYdX Unlimited upgrade this fall, allowing for market listing without governance approval. MegaVault: MegaVault, a liquidity pool, is introduced that will allow users to deposit USDC to provide liquidity and share in protocol revenue. Affiliate Program and Permissioned Keys: An affiliate program with significant rewards will be […]

Cryptocurrency exchange giant Binance has agreed to pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission (CVM) as a settlement for an investigation into its unauthorized derivatives trading in the country, Coindesk reported. Binance’s Regulatory Struggles in Brazil CVM initiated the investigation into Binance’s operations in July 2020, accusing the company […]

The latest prominent change is the rise of cryptocurrency. Many online betting sites have embraced cryptocurrencies such as Bitcoin, providing new …

On Wednesday, the crypto market experienced a wave of volatility as news broke that the US government had transferred a significant amount of Bitcoin seized from the infamous Silk Road marketplace to the Coinbase exchange. Massive Silk Road Bitcoin Influx To Coinbase According to on-chain data tracker Arkham, the US government recently moved 10,000 Bitcoin […]

A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks.

Glassnode’s report reveals a robust accumulation trend among Bitcoin HODLers, with the ATS reaching 1.0, signalling a shift from selling to holding. Long-term HODLers are increasingly retaining their assets, with a notable transition of 374,000 BTC to LTH status amid ongoing market fluctuations. Analyst Miles Deutscher anticipates a market upturn in Q4/Q1 after a period […]

Australian crypto analyst Michael Pizzino’s latest video touches on the current crypto market, which he believes is in a 50/50 consolidation/accumulation phase. Several contrasting signals demonstrate that Bitcoin could trend in either direction in the short term. The popular Fear and Greed Index is reading “Extreme Fear”, often a harbinger of a trend reversal.  At […]

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massive […]

MicroStrategy chairman pitches Bitcoin standard to miners

A widely followed crypto analyst believes that Ethereum (ETH) may have reached a market bottom against Bitcoin (ETH/BTC). In a new video update, crypto strategist Benjamin Cowen tells his 807,000 YouTube subscribers that ETH/BTC may have reached the cycle low at 0.04 BTC. However, he warns that based on historical precedence, there’s a chance that […]

Did you know that some cryptocurrency projects have vesting schedules where tokens are unlocked daily, often flying under the radar? This quiet but constant release of tokens can lead to significant inflation in the market, frequently going unnoticed by many investors. Let’s examine a few tokens that use a daily unlock mechanism: – Worldcoin ($WLD): […]

Just when it looked like the meme coin craze was cooling off, along comes Pepe Unchained. This new Layer-2 project has raised over $8.7 million during its presale – leaving investors scrambling to get a piece of the Pepe Unchained (PEPU) action. Pepe Unchained – The Lightning-Fast Layer-2 Network for Meme Coins So, what’s all […]

Binance, a virtual digital assets (VDA) infrastructure provider, has registered as a reporting entity with India’s Financial Intelligence Unit (FIU-IND). This marks Binance’s 19th global regulatory milestone. India Ranks High Globally The registration highlights Binance’s focus on complying with anti-money laundering (AML) standards in India and internationally. According to Chainalysis’ 2023 Global Crypto Adoption Index, […]

New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line.