Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This follows an in-principle approval received several months ago. With this license, Bitgo can now offer regulated digital payment token services in Singapore, including secure custody and trading solutions. CEO Mike Belshe highlighted Singapore’s […]

Russia has legalized Bitcoin and cryptocurrency mining inside the country and will establish regulatory oversight for the newly legalized mining …

The cryptocurrency market is buzzing with excitement as two promising tokens, Ripple (XRP) and Mpeppe (MPEPE), draw the attention of investors looking for substantial gains. Both tokens have shown remarkable potential, but how do they compare in terms of profitability and future prospects? Market experts weigh in on the performance and potential of these two […]

Dogecoin is proving its resilience, with 68% of its wallets still in profit. Currently, it ranks 4th among assets with a market cap exceeding $1 billion. However, for Dogecoin to achieve further growth, the network needs a catalyst. Recent data shows a gradual decline in the number of new addresses, indicating fewer new participants joining […]

CryptoQuant chief executive Ki Young Ju thinks “something is happening behind the scenes” as permanent holder addresses gobble up Bitcoin (BTC). Young Ju tells his 360,800 followers on the social media platform X that 404,448 Bitcoin have moved to permanent holder addresses over the past 30 days, a clear sign of accumulation. “Within a year, […]

A widely followed analyst is expressing bullish sentiment on Bitcoin (BTC) days after the flagship cryptocurrency fell to a six-month low. The analyst pseudonymously known as Rekt Capital tells his 487,400 followers on the social media platform X that Bitcoin is “still on track for a September breakout.” To achieve that, trader says that Bitcoin […]

Bitcoin fan Sean Lennon addressing global issue that crashed both crypto and stock markets this week

In a collaboration merging the worlds of art and Bitcoin, Marco Santini – an acclaimed impact artist – recently lent his creativity to Bitcoin Magazine and The Bitcoin Conference. His involvement began with creating a piece with Bitcoin Magazine’s very first issue, Illuminated: Bitcoin Magazine Issue #1 (see here), which was notably purchased by Emily […]

XRP has decoupled from the broader crypto market, outperforming all top assets in terms of daily gains. While the rest of the market struggles, XRP experienced a sharp price increase of nearly 20% in the past day, reaching $0.64 on Thursday before slightly retracing to $0.61. As a result of the continued uptrend, XRP has […]

The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.

TL;DR BlackRock and Nasdaq have filed with the SEC to introduce options for the iShares Ethereum Trust (ETHA), marking a significant step in expanding Ethereum investment opportunities. This proposal targets ETHA. Since its launch in July, Ethereum ETFs have attracted around $1.5 billion in net inflows, demonstrating growing investor interest and mainstream acceptance. Options allow […]

Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is exploring alternative products and has decided to wind down the wallet as it becomes increasingly complex to maintain. Users will still have the option to […]

Assets under custody were up 57% year-over-year, to $139.7 billion, representing both an increase in net deposits and higher equity and cryptocurrency …

XRP is currently trading slightly above the $0.50 price level, having experienced a significant price decline that erased most of its gains from the previous month. XRP managed to break through the $0.60 price level in a rally last month, although this surge was short-lived, lasting only a few days. Despite this setback, crypto analyst […]

A closely followed crypto analyst says that one Ethereum (ETH) competitor may retest lower levels within weeks. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 219,200 followers on the social media platform X that Solana (SOL) could decline at least 14% from its current value. “SOL: $125-$150 remains a good place […]

A widely followed crypto analyst says that smart contract platform Solana (SOL) is likely to outperform Bitcoin (BTC) in the short term. In a new strategy session, pseudonymous crypto trader Credible Crypto tells his 408,400 followers on the social media platform X that Solana is “looking pretty strong” when paired against Bitcoin. According to the […]

Judge Analisa Torres has settled the Ripple Labs vs. the SEC case by fining the digital asset company US$125M. The fine is merely a fraction of the US$2B the SEC demanded initially. XRP soared nearly 30% following the news, but it has retraced since then. It’s so over… Not for Ripple, though. XRP is currently […]

Following the largest crash since 1987, the Nikkei has partially recovered, though early Thursday trading showed a decline. XRP outperforms in a generally downbeat crypto market after a favourable SEC court ruling, while Bitcoin’s volatility spikes to a high since May. The Bank of Japan’s decision to maintain current interest rates provided limited market reassurance, […]

Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Jump Trading successfully unstaked 11.5K $ETH ($29M) […]

BlackRock Bitcoin ETF investors unfazed amid massive epic sell-offs

In a recent Bloomberg interview, Michael Saylor, executive chairman and co-founder of MicroStrategy, revealed that beyond his company’s holdings, he personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion. Saylor emphasized his commitment to Bitcoin, stating, “I haven’t sold any bitcoin, I continue to acquire more bitcoin. It’s a great capital investment asset for […]

The $81 million Robinhood made in crypto revenue was more than double made from equities in Q2.

Nexera, a DeFi protocol, has been affected by a smart contract security breach that resulted in the theft of $1.5 million worth of NXRA tokens. Following the incident, the value of the protocol’s native token plummeted by over 40%. $1.5 Million Stolen and NXRA Token Plummets 43% The exploit was first reported on August 7 […]

HTX Ventures, the investment arm of the global crypto exchange HTX, has outlined its key investment directions for the first half of 2024. According to the company, the first half of 2024 has been a period of significant innovation and growth in the cryptocurrency market. The company made 23 investments in the first half of […]

Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world’s largest crypto asset manager says it’s launching the new products due to growing consumer demand for diversification. “Grayscale Bittensor Trust is solely invested in TAO, the token underpinning […]

Former President Donald Trump has reiterated that he doesn’t think the US government should be selling its seized crypto. The Republican nominee shared his thoughts on crypto during a livestream interview with the influencer Adin Ross on Monday. “It’s a very modern currency. It’s a very modern form. I know a lot of very good […]

Valour Inc. has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) and Sovfi Inc. to facilitate the issuance and trading of digital asset exchange-traded products in Africa. The NSE is hopeful the collaboration will result in better product offerings and a broader investor base. Passporting of Valour’s ETPs to the Nairobi Stock […]

Bitstamp will provide white-labelled cryptocurrency services for the Stripe digital payments platform in the EU.

Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. XLM price is gaining pace and might aim for $0.120. There was a steady increase in Stellar’s token price above $0.0950 against the US dollar. It is now trading above $0.100 and the 100 hourly simple moving average. There is a […]

TL;DR Nexera Protocol Hacked: A hacker exploited a vulnerability in Nexera’s system on August 7, stealing $1.8 million worth of NXRA tokens by manipulating a proxy contract. Market Impact: The value of NXRA tokens plummeted by 48% following the attack, with stolen tokens being converted to Ether and bridged to Binance Smart Chain. Ongoing Investigation: […]

The International Monetary Fund (IMF) yesterday released a statement on its mission to El Salvador in which it noted the risks associated with the nation’s investment in Bitcoin it warned of in 2021 have not yet materialised. The IMF also said it was close to reaching agreement on an assistance program with the Central American […]

That said, the ominous chart pattern could be a lagging indicator