In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics. Morpho, a decentralized lending developer, accounted for roughly 35.38% of the total funds raised across 20 different projects. $141.3 Million Floods Into 20 Crypto Startups and Projects Even with the crypto markets experiencing a […]

In the dynamic world of cryptocurrency, new cryptocurrency projects are constantly emerging, with only a handful of the best ones delivering …

The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.

Shiba Inu (SHIB) skyrockets 5% to $0.0000147, then crashes; what’s driving wild volatility?

Marathon Digital Holdings, one of the US’s largest publicly traded Bitcoin miners, announced plans to raise $250 million through a private offering of convertible senior notes. The funds will be used primarily to expand Marathon’s Bitcoin holdings. BREAKING: 🇺🇸 MARATHON DIGITAL HOLDINGS TO RAISE $250 MILLION TO BUY MORE #BITCOIN pic.twitter.com/6NKbfyDPvh — Bitcoin Magazine (@BitcoinMagazine) […]

A crypto analyst has unveiled a highly optimistic forecast for Bitcoin (BTC), suggesting that the end of the supposed Bitcoin bear trap could propel the price of the cryptocurrency to new highs, potentially reaching $72,000.  Bitcoin Set To Hit $72,000 In a recent X (formerly Twitter) post, a crypto analyst identified as ‘Sensei’ has predicted […]

TL;DR The average gas price on Ethereum has dropped to 1.9 gwei, the lowest level in five years. Low-priority transactions now cost around 1 gwei, a 98% drop from the yearly high. Activity on Layer 2 networks outpaces that on the main chain, increasing the supply of ETH. The recent drop in Ethereum gas fees […]

TL;DR Kamala Harris leads Polymarket odds with 52% to win the presidency. Donald Trump is in second place with a 45% chance. Michelle Obama has just a 1% chance, according to the latest betting odds. The US presidential race has taken an unexpected turn in recent weeks, with Kamala Harris emerging as the front-runner in […]

Bitcoin mining firm Marathon Digital Holdings has announced plans for a $250 million offering of convertible senior notes due in 2031. The latest private offering is targeted at “qualified institutional buyers.” The firm aims to use the proceeds for the acquisition of Bitcoin as well as corporate growth. The company also has the option to […]

Venezuela’s government has cracked down on several websites, including Binance, the world’s largest cryptocurrency exchange, Coindesk reported. This move comes in the wake of a highly contentious presidential election, marked by accusations of fraud and widespread unrest. Government Tightens Internet Control Venezuela’s authorities have begun restricting access to various websites, including social media platforms like […]

In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.

Failed crypto lending platform, Celsius, has sued stablecoin issuer Tether for US$3.5 billion, alleging the misappropriation of tens of thousands of Bitcoin. The lawsuit stems from a deal struck between the two parties in 2022 as Celsius entered bankruptcy proceedings—the lending platform borrowed USDT from Tether in exchange for BTC, which was plummeting in value […]

Binance Labs, Binance’s investment arm, has invested an undisclosed amount in Solayer, a new restaking protocol on Solana. The protocol allows users to restake SOL and liquid stake tokens across Solana-based dApps, strengthening their security and allowing users to maximise yields. The news coincides with a critical vulnerability found in the Solana network, successfully patched […]

Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that […]

Sports supplements company Insane Labz allegedly paid trolls to impersonate MMA celebs Dana White, Nate Diaz, and Hasbulla and pump its token.

Losing more than 60% of its value in two months, Notcoin found support this week and increased a little. Due to a significant drop in buy volume, the price has remained stagnant as it decides on the next major move. If not all, most gaming assets have reset back to their local bottom amid past […]

Justin Sun not controlling wrapped Bitcoin despite all talks around it

Bitcoin Magazine is excited to announce that veteran reporter and author Aaron van Wirdum has been named Editor in Chief, a position he formerly held from 2021 to 2022. The appointment follows his sabbatical in 2020 to write “The Genesis Book: The Story of the People and Projects That Inspired Bitcoin,” released by Bitcoin Magazine […]

Solana started a downside correction from the $162 resistance zone. SOL price is back to $140 and might attempt a fresh increase above $150. SOL price started a downside correction below the $155 and $150 levels the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a […]

The pace of adoption of crypto exchange-traded funds in the United States has been surprising even to Grayscale.

TL;DR Ion Protocol secures $7 million to develop its Nucleus platform, aimed at improving monetization for rollups and appchains. Nucleus will enable networks to offer native yields for assets backed by ETH, BTC, and USD, incentivizing deposits and maximizing the value of bridged assets. The platform addresses a common limitation of Ethereum rollups by providing […]

TL;DR Cryptocurrency startups received $2.7 billion in venture capital investments in the second quarter of 2024, a 2.5% increase compared to the first quarter. The number of deals closed decreased by 12.5% from the first quarter, showing a notable cooling in investment activity. Investments have been primarily focused on infrastructure projects, while consumer-oriented applications have […]

TL;DR Binance will delist six altcoins, leading to significant price drops for these assets. Such efforts have historically triggered sharp price crashes due to various reasons such as reduced liquidity and market panic. The Latest Update The world’s largest cryptocurrency exchange periodically reviews each digital asset listed on its platform to ensure that it “continues […]

Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets […]

With the advent of cryptocurrency, criminals have found new methods to launder money, utilizing the decentralized and encrypted nature of digital …

A crypto whale has been spotted accumulating tens of millions of dollars worth of Ethereum (ETH) in an apparent effort to buy the dip. First reported by blockchain tracking firm Lookonchain, an Ethereum address starting with “0x78D07” bought over $4.7 million worth of Ethereum on Friday, adding to its nearly $100 million ETH stack. “This […]

Crypto veteran Arthur Hayes says the Democrats could stealthily print dollars to trigger stock market rallies before the presidential election. In a new essay, the BitMEX founder says Kamala Harris’ presidential campaign will likely see a big boost if the stock market is booming. But the unwinding of the yen carry trade has triggered a […]

BlackRock’s IBIT and Fidelity’s FBTC funds combined account for 2.5% of the total Bitcoin supply, representing over US$30 billion. IBIT holds 347,766.96 BTC worth US$20.32 billion, doubling the BTC count of Fidelity’s FBTC. Institutional investors like governments, public and private companies, and funds now hold a substantial and increasing share in the global Bitcoin market. […]

Thailand’s SEC has launched a new regulatory sandbox that aims to foster crypto innovation in the country The SEC said companies must send their submissions and the agency will review them within 60 days. The regulator will focus on qualifications in areas like capital adequacy and management structure. The framework is expected to serve as […]

Bitcoin’s hashrate has hit a new high despite rapidly declining miner profitability

The median price to send an Ethereum transaction hit 1.9 gwei over the weekend, with low-priority transactions priced even lower.

Massive $65.2M Presale for BlockDAG: UFC Champ Alex Pereira on Board—Uniswap & BNB Chain in Sight  Uniswap is capturing the market’s attention, spurred by optimistic on-chain data that hints at a forthcoming rally. Meanwhile, the BNB Chain demonstrates consistent strength with robust staking growth and active decentralised exchange use, despite a dip in transaction numbers […]