Crypto Market Today: The oldest cryptocurrency, Bitcoin, which registered a fall of over 12 per cent yesterday, has jumped over 9 per cent in the …
Crypto analyst Rekt Capital has provided some form of optimism for Bitcoin investors, suggesting that the massive sell pressure on the flagship crypto is almost over. This comes amid a significant surge in Bitcoin’s dominance. Bitcoin Seller Exhaustion Is At Its Peak In an X (formerly Twitter) post, Rekt Capital mentioned that “the sell-side volume […]
Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this strategic move is part of Metaplanet’s broader plan to expand its cryptocurrency holdings and hedge against currency depreciation. The company, which currently holds around 246 […]
Democratic Congressman Ro Khanna reportedly wants to host a meeting to help Vice President Kamala Harris’ campaign mend fences with the crypto industry. Khanna, one of the Democratic caucus’s most vocally pro-crypto members, attempted to schedule a Monday Zoom meeting between Harris’ team and industry stakeholders, though that meeting was delayed until later in the […]
MicroStrategy founder and executive chairman Michael Saylor says that younger voters are growing tired of traditional finance and finding Bitcoin (BTC) more attractive. In a new interview on CNBC, the BTC firebrand says that millennials, people born from 1981 to 1996, are starting to feel that Bitcoin offers many more benefits than traditional finance, including […]
TL;DR The DJT token, thematically linked to Donald Trump and his son Barron, plunged 90% on August 6, 2024, due to a massive $2 million sell-off executed by a single wallet. The wallet controlling 20% of the supply conducted a large transaction that led to the token’s collapse. The funds were redistributed to four different […]
Ethereum eyes rebound as Justin Sun makes bullish move
Mox, a virtual bank subsidiary of Standard Chartered, has introduced Bitcoin and crypto exchange-traded fund (ETF) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and crypto-related investment products. JUST IN: 🇭🇰 Standard Chartered’s subsidiary bank Mox starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc — […]
Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry’s self-regulatory organization.
As part of the multi-national anti-scam effort, Operation Spincaster, the AFP has identified over 2,000 compromised Australian crypto wallets at risk of losing assets after falling victim to ‘approval phishing’ scams. Operation Spincaster was launched earlier this year by blockchain analytics firm, Chainalysis, and is a collaborative effort to combat crypto scams involving law enforcement […]
Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k earlier today following a week […]
[PRESS RELEASE – Austin, USA, August 6th, 2024] Bitcoin Startup Lab has initiated the Bitcoin Olympics along with other Bitcoin industry leaders, the largest online Bitcoin hackathon to date. Running from August 1st to 27th, the event will culminate in an award ceremony at BTCON on September 4th, celebrating the achievements of participants and the […]
Despite the recent sharp decline in global financial markets and its impact on the cryptocurrency sector, the fundamental value and potential of …
Dogecoin (DOGE) has long been the poster child for memecoins, riding waves of social media hype and celebrity endorsements to impressive heights. However, the fervor that once surrounded Dogecoin (DOGE) appears to be waning. Analysts and experts in the cryptocurrency market are noting a shift in investor sentiment as the coin’s momentum starts to decline. […]
Senators Catherine Cortez Masto (D-Nevada), Chuck Grassley (R-Iowa) and Amy Klobuchar (D-Minnesota) have introduced bipartisan legislation seeking to strengthen the US Secret Service’s authority in investigating crypto-related criminal activities. According to a joint press release, the Combating Money Laundering in Cyber Crime Act aims to update the existing laws with a view of authorizing the […]
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of an ongoing investigation by the Delhi […]
Full-RBF has finally become the default in Bitcoin Core
Metaplanet, a publicly listed Japanese company, has announced plans to raise up to ¥10.08 billion ($70 million) through a gratis allotment of stock acquisition rights to existing shareholders. The majority of funds raised will be used to purchase additional Bitcoin. JUST IN: 🇯🇵 Metaplanet announces to raise ¥10.08 billion to buy more #Bitcoin pic.twitter.com/HXBf7RNeMx — […]
A survey by law firm Barnes & Thornburg found that 59% of US private investors are more likely to invest in crypto funds over the next 12 months.
TL;DR Diego Oliva, the first CEO of the Starknet Foundation, is stepping down after a year and a half in the role. James Strudwick, who joined the Foundation in January 2024, will assume the role of Executive Director. Under Oliva’s leadership, the Foundation made significant progress, including the implementation of several key projects and the […]
TL;DR Kiln has launched a new service to simplify access to stablecoin staking, making it easier for users to earn additional yields from their digital assets. Crypto.com DeFi Wallet is the first integrator, allowing users to stake assets through DeFi protocols such as Aave, Morpho, and Compound directly from its interface. Stablecoins have a market […]
The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoin’s growing correlation with traditional finance (TradFi) markets. Analysts at the crypto exchange Bitfinex explained in the latest Alpha report that Bitcoin’s rising correlation with TradFi markets could […]
Atalanta BC has announced a new partnership with zondacrypto, a cryptocurrency exchange marketplace. As part of the agreement, zondacrypto will become the club’s Sleeve Partner. This means the zondacrypto logo will appear on the sleeve of the first team shirt. Three-Year Partnership Begins “Atalanta is a team and organisation that continues to amaze both domestically […]
The chief executive officer of the world’s largest crypto exchange says that crypto’s latest crash is likely to be short-lived. According to Binance CEO Richard Teng, outside forces are currently shaping the digital asset markets. “Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe it’s indicative of […]
Memecoins experienced significant losses, with POPCAT and WIF dropping over 41% and BOME 36%, while DOGE and SHIB saw smaller declines. Analysts advise against going all-in on memecoins, recommending close monitoring of coins showing strong post-crash recoveries. Predictions suggest no immediate US market meltdown; a moderate rate cut is expected in September despite ongoing market […]
JupiterExchange recently announced a major decision to burn 30% of its $JUP team tokens, following a successful proposal that saw 95% of votes in favor and a record high turnout of 274 million $JUP staked. BREAKING: @JupiterExchange's proposal to burn 30% of the $JUP team tokens has passed with 95% of votes in favor. (3 […]
On Monday, Aug 5, 2024, the cryptocurrency markets experienced a historic downturn attributed to several bearish catalysts. The downtrend first …
Crypto lending protocol Aave restarts its bullishness as the market resets. AAVE, the namesake token of the platform, surged to nearly 20% in the past 24 hours, capturing the momentum of the broader market which is still up by over 5% since yesterday. Aave’s recent developments also contributed to this rally. However, the broader crypto-finance […]
PRESS RELEASE. The cryptocurrency gaming sector is witnessing an intense rivalry between two notable titles: Hamster Kombat and Lovely Legends. As the competitive landscape evolves, industry experts are increasingly recognising Lovely Legends as the more promising and innovative contender for both gaming enthusiasts and cryptocurrency investors. Unprecedented Airdrop Initiative In an unparalleled move, Lovely Legends […]
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
Can traders expect local growth of Bitcoin (BTC), Ethereum (ETH) and XRP soon?
Africa stands at the cusp of a financial revolution as Ecowas region financial ministers and central bank governors advanced plans to launch the single currency initiative, known as the ECO. The Economic Community of West African States (ECOWAS) promises to reshape the economic landscape of 15 nations with the introduction of ECO. Amidst the buzz […]