We are pleased to announce that Alex Mehrdad has been appointed the new General Manager of our Canadian operation and will spearhead the next phase of our operational growth across Canada. The news follows an important year of hyper-growth for our Canadian business under Mark Greenberg’s stewardship, which resulted in Mark’s promotion to lead a […]
A recent analysis from Bitcoin Magazine Pro showcases the power of dollar-cost averaging (DCA) in Bitcoin compared to traditional assets like gold, Apple stock, and the Dow Jones Industrial Average (DJI). The data reveals that consistently investing $10 weekly into Bitcoin over the last five years would have grown a total investment of $2,620 into […]
A Harris administration could be younger and more pragmatic and bring “a fresh perspective toward crypto,” some believe.
KuCoin Türkiye has announced new developments to strengthen its position in the Turkish crypto market. The most notable of these is the appointment of Rıdvan Bahadır as the new Deputy General Manager, coupled with KuCoin Türkiye’s grand sponsorship of the upcoming Istanbul Blockchain Week. AML Expert According to a statement by the exchange, Bahadır’s appointment […]
The U.S. Securities and Exchange Commission (SEC) has sent letters to several venture capital (VC) firms over their links to the operator of the Ethereum (ETH)-based decentralized exchange Uniswap, according to a report by online publication Axios. Citing multiple sources, Axios says that the SEC has sent letters to Andreessen Horowitz, Union Square Ventures and […]
Grayscale launched a closed-end MakerDAO Trust, expanding its digital asset investment products. This is Grayscale’s third single-asset trust, announced within a week, following Bittensor’s TAO and Sui token trusts. The trust only allows accredited investors exposure to MakerDAO’s governance token, which is tied to various yield-generating assets within the MakerDAO ecosystem. The world’s largest crypto […]
Melbourne man Jatinder Singh has been sentenced to three years in prison for spending over AU$6 million mistakenly sent to his partner’s bank account by Crypto.com in 2021. Singh and his partner Thevamanogari Manivel, spent the money on real estate, luxury goods and cash gifts between May 2021 and March 2022. Both Singh and Manivel […]
Decentralized exchanges are undervalued and gaining traction, with volumes reaching all-time highs. These are the findings of Messari researcher Kunal Goel who said that centralized exchanges (CEXs) are listing tokens too late in a post on X on Aug. 13. He added that they’re becoming a “dumping ground for VCs,” and retail will learn sooner […]
It can be seen that the role of digital currencies can be seen in almost every sector, starting from financial to entertainment. there must be one …
A crypto analyst has shared an optimistic outlook for the XRP price, the native token of the XRP Ledger (XRPL), predicting a potential rally of up to 10,400% with a price target of $60. The analyst has also outlined when to expect this anticipated price increase. XRP Price Set To Hit $60 With Projected 10,400% […]
Following a sharp bounce off the lower boundary of a long descending channel last week, Chainlink revisited its previous monthly low but is now stalled due to low volatility. It may resume bearish if supply rises. Starting the third quarter a bit strong, Chainlink later turned weak and began to show signs of bearish after […]
Michael Saylor spotlights Bitcoin futures prospects in new statement
TON and Pyth’s collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation.
Despite Western restrictions imposed after Russia invaded Ukraine, billions of dollars and euros in banknotes have flowed into the country. This suggests that Russia has found ways to circumvent these restrictions. Despite official efforts to reduce reliance on foreign currency, Russian citizens still prefer dollars and euros. Russia Successfully Skirts Western Sanctions Dollar and euro […]
Crypto veteran and BitMEX founder Arthur Hayes is updating his outlook on when altcoins could have their time to shine. In a new essay, Hayes says that he expects the crypto market to respond positively to an anticipated massive injection of liquidity into the financial system from US Treasury Secretary Janet Yellen’s issuing US Treasury […]
Robinhood CEO Vlad Tenev says crypto and artificial intelligence are the two major technologies driving changes in financial services. In a new interview with Patrick O’Shaughnessy on the Colossus podcast, Tenev says that Robinhood has ambitions to play a role in the merging of AI and wealth management. “I think there’s two big technology trends […]
TL;DR Swell launches swBTC, a liquid restaking token that allows Bitcoin users to earn yields by depositing Wrapped Bitcoin (wBTC) into the Ethereum network. swBTC employs restaking, adapting the use of ETH as collateral to secure other chains, with yields expected to be available from mid-September. The goal is to offer users Bitcoin stability and […]
Digital payment solutions giant Revolut has announced integration with Ledger Live, a popular platform for managing digital assets. This partnership promises to make cryptocurrency purchases easier, faster, and more secure. Direct Crypto Purchases This collaboration enables Revolut users to buy cryptocurrencies directly through the Ledger Live app. According to the fintech firm, the new service […]
More than 1 million addresses now hold at least one Bitcoin, possibly reducing long-term supply. Institutions, including public and private sectors and ETFs, control about 10% of the total Bitcoin supply. US Bitcoin ETFs, especially BlackRock’s IBIT and Fidelity’s FBTC, hold a substantial 2.5% of all BTC. According to data from Bitcoin Magazine Pro the […]
TL;DR SBI Holdings’ subsidiary shook hands with Ripple to promote the use of the XRP Ledger (XRPL) within the Web3 community. Despite this partnership, XRP’s price remained largely unaffected, hovering around $0.57. Ripple’s Latest Collaboration Ripple keeps strengthening its global presence, recently teaming up with SBI Digital Community, which is under the umbrella of the […]
The three-year deal includes the UEFA Super Cup, with Crypto.com making its official debut at the 2024 edition featuring Real Madrid and Atalanta in …
BNB price is recovering higher from the $500 support zone. The price is now showing positive signs and might aim for more upsides above $535. BNB price started a recovery wave from the $500 support zone. The price is now trading above $515 and the 100-hourly simple moving average. There is a key rising channel […]
Bitcoin ETFs are on track to surpass Satoshi this year
Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000.
Since the start of the drop in March, Ordi has lost more than 70% of its value to a ten-month low. Although it has regained strength briefly from this low, it has continued to trade inside a descending wedge. After nearly touching $100 in the first quarter of the year, Ordi declined heavily to a […]
SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community […]
Custodial Lightning has clearly achieved product market fit. Users benefit from instant Bitcoin payments and minimal fees, while custodians manage the complexities of channel and liquidity management. Major platforms like Coinbase, Cash App, Kraken, and Binance provide over 200 million users with direct access to Lightning payments. While the Lightning Network excels at facilitating payments […]
A South Korean CEO is reportedly facing fraud charges for allegedly orchestrating a massive $364.9 million Ethereum (ETH)-themed crypto scheme. According to iNews24, Byun Young-oh, the CEO of tech firm Wacon, was arrested for allegedly running a pyramid scheme disguised as a legitimate crypto investment opportunity. The CEO was arrested along with an alleged accomplice […]
The chief crypto analyst at Real Vision says the global money supply (M2) metric is showing a “perfect” scenario for Bitcoin (BTC). Jamie Coutts says on the social media platform X that a historical relationship between Bitcoin and M2 suggests that the flagship cryptocurrency is in the midst of a consolidation phase while an increase […]
TL;DR Grayscale MakerDAO Trust Launched – Grayscale Investments has created a new trust for MakerDAO’s MKR token. Access to a DeFi ecosystem : The fund offers exposure to an on-chain lending protocol and other assets in the MakerDAO ecosystem. Daily Subscription : The Trust is available for daily subscription by accredited investors, but does not […]
Bitcoin and cryptocurrencies overall have rebounded this year, following a slow and steady 2023, which came on the heels of a couple of years …
As historically proven, the start of an altcoin season, or ‘altseason,’ a period marked by the strong performance of alternative cryptocurrencies relative to Bitcoin, often begins following a significant increase in BTC’s price. This phenomenon has been elaborated recently by Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, who has […]