Auradine, a Silicon Valley-based startup that specializes in equipment for AI data centers and Bitcoin mining, has announced a raise of $153 million in a Series C funding round. The new capital will go to increasing the company’s product suite of infrastructure for AI and blockchain technology. The Series C round was led by StepStone […]
Apple has delisted 14 crypto apps in South Korea at the request of one of the country’s regulators. South Korea’s Financial Intelligence Unit (FIU), an anti-money laundering agency, issued the requests. The regulator claims the banned apps involved foreign virtual asset operators conducting “unreported business activities.” Apple’s list of blocked apps includes the crypto exchange […]
Fueled by the rising adoption of digital currencies and growing institutional interest, the global crypto mining sector, worth around $2.45 billion in 2022, is projected to surge to $8.24 billion by 2034. With growing interest in mining popular coins like Dogecoin and Bitcoin making a strong comeback, many are eager to join the trend. But […]
Key Takeaways: India’s Supreme Court has duly registered a criminal petition concerning crypto trading. The petition is worried about the lack of a regulatory framework for crypto activities in India. The judiciary made clear that legislative bodies, not courts, need to establish clear crypto regulations. Crypto exchanges, influencers, and investors in India are watching the […]
This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, 16 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched a groundbreaking addition to its affiliate program: the first-ever on-chain affiliate initiative in the crypto exchange sector, offering partners up to 40% in rebates alongside existing commission structures. This innovative […]
Bitcoin Magazine How a Bitcoin Treasury Converts Idle Reserves Into Strategic Capital The next evolution of corporate finance isn’t diversification—it’s financial refinement In the oil industry, reserves are only the beginning. What powers the world isn’t raw crude—it’s the refined outputs: jet fuel, diesel, gasoline, heating oil. Each serves a different market, use case, and […]
Bitcoin has remained surprisingly stable over the past month with just 0.58% movement despite major price swings, trading at US$83,307. Bitwise CIO Matt Hougan notes this marks the first time Bitcoin hasn’t significantly underperformed stocks during a market correction. The ability to match stock performance during downturns represents a significant shift from previous cycles when […]
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A new scam is circulating among cryptocurrency traders, using forged documents that appear to be from Malta’s financial regulator to demand payments for fictitious market manipulation fines. The Malta Financial Services Authority (MFSA) has issued a public warning, urging users to remain vigilant after discovering the fraudulent use of its name, logo, and official signature […]
A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Editorial …
A fresh snapshot of Binance’s futures market data shows Dogecoin attracting a remarkably bullish stance among traders. According to a chart shared by Ali Martinez (@ali_charts) on X, 72.13% of Binance users with open Dogecoin positions are currently long, leaving only 27.87% on the short side. “72.13% of traders on Binance with open Dogecoin DOGE […]
Troubled decentralized finance (DeFi) platform Mantra released an official statement addressing the reasons for a 92% flash crash of its OM token on April 13. An April 16 announcement titled “Statement of Events: 13 April 2025” reiterates that the crash did not involve any token sales by the project itself, and the Mantra team remains fully functional […]
April 16th, 2025 – Dubai, UAE DWF Labs, the next-generation crypto market maker and Web3 investment firm, announced its strategic expansion to the United States with a new office in New York City. DWF Labs also announced it has purchased $25 million of World Liberty Financial (“WLFI”) governance tokens in a strategic private transaction, the […]
TL;DR Mantra’s collapse shock: The OM token crash knocked over $5.5 billion off the market by plummeting over 90%, exposing severe risks from poor transparency and centralized control practices. Warning for Pi Network: Top analyst Dr. Altcoin warns that Pi Network, now shifting toward its Open Mainnet phase, could hit a similar fate without enhanced […]
TL;DR Binance experienced service disruptions due to a failure at an Amazon Web Services (AWS) data center. The platform temporarily halted withdrawals to protect users’ funds while addressing the issue. Other major platforms like KuCoin were also affected, raising concerns over the dependency on centralized infrastructure. On April 15, a major disruption at an Amazon […]
Bitcoin experienced volatile price swings in the second part of Q1 2025 as it struggled to reclaim its record high of over $109,000. The start of Q2 was quite painful as it briefly slid to new yearly lows around $74,500. Although there’s been a slight rebound this week, sentiment among futures traders appears to have […]
Key Takeaways: Chinese local governments are offloading seized Bitcoin worth over $1.4 billion through private firms. Despite the national ban on crypto trading, authorities lack unified guidelines on handling confiscated digital assets. Calls grow for the central bank to manage seized crypto or create a sovereign crypto reserve. Notwithstanding a national trade ban, Chinese local […]
The GoPlus ecosystem is reaching an important milestone. The project has carried out a large-scale token burn to buy back tokens and remove them from circulation. The GoPlus team says that on April 15, they burned 177,158,631.6129889 GPS tokens, which was worth about $3.06 million USD at the time of the announcement. The earlier assurance […]
A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country. Local Governments in China Sit on Bitcoin Fortune, Face Legal and Strategic Gridlock Reuters reports that municipal […]
Bitcoin Magazine Unchained Launches Multi-Million Dollar Bitcoin Legacy Project Bitcoin financial services company Unchained has announced the launch of the Bitcoin Legacy Project, a multi-year, multi-million-dollar initiative to support the long-term development, education, and advocacy of the bitcoin ecosystem. The project begins with an initial $1 million commitment, with additional funding planned in the years […]
The Bitcoin open interest has remained on the high side despite the price declines, suggesting that interest in the leading cryptocurrency by market cap remains abundant. This interest is no doubt a good thing for the crypto market, especially in the long-term. But looking back at previous trends involving the Bitcoin open interest, it is […]
Market paying careful attention to XRP price behavior
Seychelles-based OKX has legally launched a centralised crypto exchange in the United States, less than two months after settling with the Justice Department by paying $504 million for previously operating in the country without authorisation. It has now set up a regional headquarters in San Jose, California. A New US CEO The exchange also appointed […]
The one cryptocurrency on my radar right now is Ethena(CRYPTO: ENA), which has a companion stablecoin called Ethena USDe. This stablecoin is now …
A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the head of policy for the Bitcoin-focused BPI think tank, said that a 1 million Bitcoin (BTC) purchase by the US would have a massive […]
Banking giant Morgan Stanley thinks the S&P 500 is close to carving a major market bottom after dropping below the 5,000-point level last week. In a new CNBC interview, Mike Wilson, Morgan Stanley’s CIO and chief US equity strategist, says the stock market likely witnessed a capitulation event on April 7th after plunging to a […]
Coinbase, one of the world’s largest centralised exchanges, has released a blog post urging Australia to step-up its leadership regarding crypto protections and innovations. The blog details how the Australian federal election in early May is a great opportunity to implement changes. Coinbase outlines 5 key steps which should be taken, including the stigma against […]
While the big crypto players have become somewhat mainstream in the market and are constantly impacted by the various economic changes, crypto presales are a breath of fresh air that offers something new, unique, and affordable. The hyped presales have experienced explosive growth in recent months, and they continue to attract new investors and popularity […]
[PRESS RELEASE – Singapore, Singapore, April 16th, 2025] Today, AB DAO officially announced the launch of a dual reward campaign in collaboration with Bitget (bitget.com), the world’s second-largest digital asset trading platform. In celebration of AB’s Token Generation Event (TGE), the campaign will distribute a total of 213,307,000 $AB, valued at approximately $2.6 million USD, […]
TL;DR Publicly traded companies added over 95,000 Bitcoins in Q1 2025, marking a 16.11% increase and a total value of $56.7 billion. Twelve companies joined as new holders, including Ming Shing with 833 BTC and Rumble with 188 BTC. Metaplanet purchased 319 BTC in April, reaching a total of 4,525 BTC, making it the tenth-largest […]
TL;DR Everclear, backed by the Ethereum Foundation and other major players in the crypto ecosystem, has officially launched its mainnet, positioning itself as the first cross-chain clearing and settlement protocol. The project aims to solve the growing problem of liquidity fragmentation, already surpassing $125 million in monthly volume. With initial support for 20 blockchains and […]
Bitcoin Magazine MIT DCI Director Neha Narula: How Academia Interacts With The Bitcoin Ecosystem At the MIT Bitcoin Expo earlier this month I had the opportunity to sit down and talk with Neha Narula, the Director of the Digital Currency Initiative under the MIT Media Lab. Neha previously studied at MIT, completing her PhD in […]