Following a year of incubation, “Community Superapp” Fedi officially launched yesterday and has announced plans to open source its freedom technology stack. Introduced back in 2022, Fedi is a financial platform looking to empower individuals with financial access and resources by leveraging the power of local communities. Engineered with a privacy-first mindset, the release of […]

XRP’s price has surged 26% as the Ripple vs. SEC case appears to be nearing its final stages, with no signs suggesting that XRP will be classified as a security.

A widely followed crypto analyst believes that one digital asset sector is going to have a massive revival this market cycle. Pseudonymous crypto trader Kaleo tells his 643,400 followers on the social media platform X that a bullish resurgence is likely for non-fungible tokens (NFTs). “I’m one of the crazy people that still believe NFTs […]

August has proven to be an exceptionally eventful month for both equity and digital asset markets, marked by a significant market sell-off triggered by a “correlation-1” event. Bitcoin has been no exception, experiencing its largest drawdown of the current cycle, leading to capitulation among short-term holders. August has already been a exceptionally eventful month across […]

On Wednesday (yesterday), District Judge Analisa Torres of the Southern District of New York ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future violations of securities laws. This decision follows a finding that Ripple’s 1,278 institutional sale transactions breached securities regulations. Judge Reduces SEC Penalty The fine of $125.035 […]

Ripple has been fined $125 million in the lawsuit against the United States Securities and Exchange Commission. This is just a fraction of what the SEC had previously asked for in the case. The fine that Judge Analisa Torres settled on is far less than the $1 billion in disgorgement and prejudgment interest and $900 million […]

Jim Rickards, a U.S. economist and best-selling author of the book “Currency Wars,” has detailed the opportunity that gold presents during pronounced stock market drops. Rickards, who has predicted a tremendous rise in gold prices in the next two years, stated that strong hands expect gold to reach a bottom and jump in “with both […]

“We respect the Court's decision and have clarity to continue growing our company.” Garlinghouse said in July that the cryptocurrency industry was …

Solana has observed a sharp rally of 39% from the crash low. Here’s what the data says regarding whether this run can continue further or not. Solana Has Breached The $153 Mark After Recovery Continuation In Past Day A few days back, Solana crashed alongside the rest of the cryptocurrency market, dropping its price to […]

Some of the CMIC members in support of the letter include Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko and Matrixport.

A widely followed analyst believes Bitcoin (BTC) will spark a furious rally to regain all of its losses over the past week. Pseudonymous analyst The Crypto Dog tells his 806,500 followers on the social media platform X that he sees a swift Bitcoin recovery following its collapse from $70,000 to a six-month low of $49,000. […]

TL;DR Dramatic drop: In August, Bitcoin suffered its biggest setback due to a “correlation 1” event. Short-term capitulation: Bitcoin fell 32% from its all-time high, causing capitulation among short-term holders. Liquidity Cleanup: The liquidation in futures and the reduction in open interest reflect a significant cleanup in the market. In August, financial markets witnessed unprecedented […]

This growth suggests broader participation in Dogecoin network

Bitcoin addresses with a balance of over 0.1 BTC are nearing an all-time high, according to data from Bitcoin Magazine Pro. Currently, there are 4,580,424 such addresses, just shy of the record 4,586,540, and represents a month over month increase of 27,939 addresses. The recent drop in Bitcoin’s price from around $67,500 to $49,000 provided […]

Ethereum ETFs have been on the market for a few weeks now, following approval from the SEC earlier this year. BlackRock, the world’s largest asset manager, is expanding the flexibility of its spot Ethereum ETF by filing for options trading in conjunction with the stock exchange Nasdaq. Options traders give investors the ability to buy […]

Powering AI with Podwide by Power Meta. Power Meta Corp, a Web3 technology conglomerate located in Irvine, California, is making AI development accessible to all. Our mission is to build a robust, accessible, and decentralized AI infrastructure by offering grid compute solutions and decentralized data storage. We believe in a future where everyone has the […]

On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen an […]

Cryptocurrency price on August 7 quick take: The global market cap dipped to $2.30 trillion.

Ethereum (ETH) investors are increasingly turning their attention to Mpeppe (MPEPE), a new entrant in the meme coin arena. This shift is driven by several compelling factors that highlight why securing a position in Mpeppe (MPEPE) could be a strategic move for those already invested in Ethereum (ETH). Here’s a closer look at the key […]

The venture capitalist branch of the world’s largest crypto exchange platform by volume is announcing a new investment into a Solana (SOL) staking protocol. In a new blog post, Binance Labs says it’s investing an unspecified amount into Solayer, a Solana-based staking network that has gathered over $150 million in Total Value Locked (TVL) and […]

CryptoQuant chief executive Ki Young Ju still thinks altcoins could shine despite the difficult macro headwinds. Last week, Young Ju predicted that altseason would begin in late 2024 or early 2025. In the wake of plunging crypto and stock prices over the weekend and on Monday, the analytics firm CEO reiterated this week that his […]

During the bloodbath that plagued financial markets on Monday, Cathie Wood’s investment management firm Ark Invest loaded up on shares of the largest American cryptocurrency exchange, Coinbase, ending months of selling the stock. According to a tweet from Ark Invest outlining its trade activity for August 5, the company purchased 93,797 Coinbase shares (COIN) worth […]

Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021.

Market may drop even further as things are very unclear

In a strategic move to counter Donald Trump’s growing appeal within the cryptocurrency industry, Democrats have launched the “Crypto for Harris” campaign, FOX Business’ Eleanor Terrett reported today. This initiative, led by a pro-Kamala Harris advocacy group, aims to rally support from crypto voters for Vice President Harris as she vies for the presidency. JUST IN: 🇺🇸 […]

TL;DR Grayscale Investments introduces two new trusts: Grayscale® Bittensor Trust and Grayscale® Sui Trust. Trusts respond to the growing demand for diversified investment options in cryptocurrencies. The Grayscale® Bittensor Trust invests in Bittensor’s TAO token, while the Grayscale® Sui Trust focuses on the Sui protocol’s SUI token. Grayscale Investments, the world’s largest crypto asset manager, […]

TL;DR The most severe crypto market correction remains that of March 2020, with a 39.6% drop in a single day, reducing the market capitalization to $135.14 billion. In 2024, the largest decline has been 8.4% on March 20, and the recent August correction has not been significant enough to qualify as a correction. Historically, the […]

Hackers are reaping the rewards after exploiting a Ronin (RON) bridge for $10 million in Ethereum (ETH). According to the gaming-focused blockchain’s X account, white hat hackers have returned $10,000,000 in USDC to the network and will receive $500,000 in compensation for their efforts. “The ETH (~$10 M) has been returned and we expect that […]

Lack of L2 interoperability has been a bottleneck for seamless user experience and the creation of new decentralised applications  Following an earlier statement on L2 interoperability issues, Vitalik Buterin highlighted several proposals offering distinct solutions to these challenges. Buterin also predicted that all rollups would eventually transition to zero-knowledge (ZK) rollups, though this shift might […]

Chainalysis debunks several myths, demonstrating the widespread utility of crypto and dismissing its criminal associations. Despite a common misconception, transactions made via crypto are pseudonymous, not anonymous, with activities traceable via blockchain and KYC regulations. Evidence shows that regulatory tools effectively trace and manage crypto’s use in crimes, reinforcing its legitimacy. From crypto is for […]

India has no immediate plans to regulate cryptocurrency sales and purchases · The government is assessing crypto risks and benefits, aiming for a …

Solana (SOL) holders are making a bold move by transitioning their investments into Mpeppe (MPEPE), a new player that’s capturing the imagination of the crypto community. With its unique blend of sports passion and blockchain innovation, Mpeppe (MPEPE) is emerging as a major contender poised to redefine the meme coin market and beyond. Solana (SOL) […]