An early crypto investor has pleaded guilty to filing tax returns that underreported the capital gains he earned from selling millions of dollars worth of Bitcoin (BTC). According to the U.S. Department of Justice (DOJ), Frank Richard Ahlgren III bought approximately 1,366 BTC in 2015 when the flagship cryptocurrency was still trading for less than […]
The crypto market is going through a downturn, a continuation of a strenuous summer, and once again, Bitcoin (BTC) is in the driving seat. The price swings on the Bitcoin charts have been a reference point for many altcoins, and last week’s movements were even more proof. However, the BTC price might be making a […]
Bitcoin’s price is still consolidating around the $60K level. Yet, an impulsive move might begin soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, it is evident that the price has yet to climb back and recover definitively above the $60K level after its rapid rejection and drop from the […]
Donald Trump and his sons launched World Liberty Financial in a Monday livestream on social media platform X.
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.
Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol […]
On the heels of tour stops in Arizona, Nevada and Detroit, the America Loves Crypto tour rolled into Wisconsin on Friday, September 13, where local Bitcoin and crypto voters in the state rallied in support of pro-crypto candidates for the upcoming US elections. At the Red Rock Saloon in Milwaukee, WI, more than 200 people […]
The CEO of analytics firm CryptoQuant says he’s concerned about the direction that the digital asset industry is heading. Posting to the social media platform X, Ki Young Ju says that the builders who used to create things that traders loved have disappeared, largely due to overzealous regulations, being imprisoned, or making too much money […]
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […]
Bitcoin maximalists are having a field day as the ETH/BTC ratio plunges below a key level
The Linux Foundation Decentralized Trust will incorporate all of Linux’s decentralized projects in one place, including all of Hyperledger.
TL;DR Rebound in Investment Flows: Inflows of $436 million into digital asset investment products, following a series of outflows of $1.2 billion. Bitcoin in the spotlight: Bitcoin attracted $436 million in inflows, recovering from a streak of outflows. Challenges for Ethereum: Ethereum continued to see outflows of $19 million due to concerns about its profitability. […]
Former President Donald Trump will formally announce his World Liberty Financial cryptocurrency platform Monday night, which will be led by his sons.
Catizen’s path to its upcoming token launch on September 20 has been rocky, with players complaining about a previous delay and other moves. But now some players are up in arms again after the airdrop allocations were revealed, with developer Pluto Studio admitting to criteria changes that weren’t disclosed ahead of time. Pluto revealed to […]
Pawfury’s $6 Million Presale Success: Is It the Next Shiba Inu? Pawfury was making waves in the crypto community after its presale raised $6 million, reminiscent of Shiba Inu’s ascent. Investors are now speculating whether it could emulate Shiba Inu and become the next breakout token. This article looks into the successful Pawfury presale and […]
Bitcoin-skeptic Elizabeth Warren (D-Massachusetts) and other Democratic senators sent a letter to the Federal Reserve on Monday calling for far more aggressive rate cuts than the market expects. “We write today to urge the Federal Reserve (Fed) to cut the federal funds rate, currently at a two-decade-high of 5.3 percent, by 75 basis points (bps) […]
Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. “Anarchy is order; government is civil war.” – Bellegarrigue The advent of decentralized money gave rise to an intriguing cognitive bias among early adopters. Bitcoin’s success is convincing many that we can do away with trusted institutions altogether—that trust itself […]
US crypto giant Coinbase has successfully gone live with the launch of its wrapped Bitcoin token at a $100 million market cap. The firm’s Coinbase Wrapped BTC (cbBTC) is a Bitcoin (BTC)-backed, Ethereum (ETH)-based token that aims to help users streamline their decentralized finance (DeFi) experience. Data from CoinGecko shows that cbBTC started trading on […]
Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be followed by a return to QE, another repeat mistake that will engender more debt and send consumer […]
Bitcoin keeps struggling while precious metals keep surging
Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors’ interest.
Republican presidential nominee and former President Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tennessee. A …
TL;DR Velar Artha PerpDex launches its beta, becoming the first Bitcoin-native decentralized perpetual contracts platform. The platform, based on the Layer 2 solution BOB, offers fast transactions, high scalability, and reduced costs while maintaining Bitcoin’s security. In its beta phase, it allows trading with leverage up to 10x and ensures total control over assets through […]
Solana has gotten a bearish warning despite being one of the best performers over the last year. This prediction goes against the grain of current speculation where a rise to as high as $1,000 has been forecasted for the price. But it seems not everyone shares this sentiment as one crypto analyst has predicted that […]
The founding CEO of Binance is rapidly approaching his prison release date. According to the U.S. Federal Bureau of Prisons website, inmate #88087-510, Changpeng Zhao, is set to be released on Sunday, September 29th. Zhao is currently serving his sentence at Residential Reentry Management (RRM) Long Beach, a Southern California prison with over 14,000 inmates. […]
While the NFT market has lost considerable steam since peaking two years ago, the marketplace Magic Eden has been reaching new heights on its own, according to CEO Jack Lu. “Even though the overall market has been a bit soft, the year has been pretty good for Magic Eden,” he said in an interview with […]
MicroStrategy has invested a whopping US $1.1b to advance its Bitcoin portfolio, buying 18,300 BTC. The company raised funds for the purchase by selling over 8 million shares. The investment brings MicroStrategy’s total BTC holdings to over 244,000, valued at US $14b. This is nearly 10x larger than the next biggest public Bitcoin holder, Marathon […]
From Jokes To Juggernauts: The Memecoins Taking Over The Crypto Market Originally created as jokes in the crypto market, memecoins are, today, serious market contenders. Shiba Inu (SHIB) is not only one of the biggest cryptos but has also become a juggernaut in the non-fungible token space, with over 140K NFTs minted on its L2 […]
An early Ethereum (ETH) investor who received 16,636 ETH in 2016 has sold a portion of their holdings, marking an extraordinary return on investment. According to on-chain data shared by EmberCN, the whale originally acquired the Ethereum for $5.23 per token, totaling $87,135. As of September 16, 2024, that same amount of ETH is worth […]
MicroStrategy, a leading business intelligence and Bitcoin development company, has announced a proposed private offering of $700 million in convertible senior notes, due 2028. The offering will be made to institutional buyers under Rule 144A of the Securities Act. The company also plans to grant an option for purchasers to buy an additional $105 million […]
The US custodian’s crypto-native clients include Worldcoin, ZetaChain and LayerZero.