TL;DR Binance has launched fixed-rate loans in USDC and FDUSD stablecoins, offering stability in borrowing costs. Loans for USDC have a fixed rate of 7.8%, and for FDUSD, 11%, with a minimum amount of 50,000 for both. Borrowers must repay the full loan amount before the due date to avoid late fees. Providers have their […]
Bitcoin rallied from US$16,500 in 2022 to US$73,750 by March 2024, delivering a return of over 300%. Despite recent challenges, Bitcoin has been somewhat stable, with prices fluctuating within a US$15,000 range. While most Bitcoin investors remain in profit, those holding short-term face the greatest unrealised losses. Meanwhile, Long-Term Holders are slowing their coin sales […]
Dencun upgrade lowered Layer-2 transaction costs significantly, attracting more users to L2 networks like Arbitrum and Base. Amid drastic reductions in Layer-2 fees, users exited Ethereum, leading to a steep 99% drop in mainnet revenue. Arbitrum and Base dominate the Layer-2 space with the highest total value locked and monthly active users, drawing significant activity […]
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older adults, with significant financial impact. FTC Warns of […]
On a 100°F evening in Phoenix, crypto enthusiasts from Arizona came out with gusto for the first night of the America Loves Crypto tour. The tour, organized by the Stand With Crypto Alliance, a non-profit on a mission to get America’s 52 million crypto owners out to the polls in November, will roll through five […]
XRP on verge of facing death cross formation if price continues to descend
Several major publicly-traded Bitcoin (BTC) miners from Wall Street have reported decreased production for August, highlighting ongoing challenges in the cryptocurrency mining sector. Wall Street Bitcoin Miners Report Lower August Production Argo Blockchain (NASDAQ: ARBK) reported that it mined 38 Bitcoin in August, down from 48 in July, due to more frequent economic curtailments and […]
Although the market is attempting to rebound from its weak September start, some altcoins – including Aptos (APT) – continue to freefall despite the bulls’ attempts to make a return. According to CoinGecko, APT’s current performance is lackluster with the token falling 15% since last week. Meanwhile, Korea Blockchain Week has generated quite a lot […]
A widely followed crypto analyst is warning that one metric is flashing a bearish signal for Bitcoin (BTC). In a new video, analyst Nicholas Merten tells his 509,000 YouTube subscribers that spot Bitcoin exchange-traded funds (ETFs) have started to see daily outflows since late August, suggesting a market downtrend is taking shape. “We’re not seeing […]
Analyst Benjamin Cowen is issuing a warning on Ethereum (ETH) as the second-largest crypto asset lingers around 40% below the 2024 high recorded in March. Cowen tells his 811,000 YouTube subscribers in a new video that Ethereum could depreciate by at least 5% against Bitcoin (BTC) going forward. “When I look at this chart what […]
Explore the Qubetics Whitelist for Early Access to Innovation as Bittensor and Cosmos Navigate Market Trends Are you interested in participating in the profitable digital currency market? Imagine having the opportunity to gain exclusive access to a promising project right from its inception. Qubetics (TICS) is a revolutionary Layer-1 blockchain initiative uniting crypto enthusiasts and […]
1. Pick where you want to buy crypto · 2. Create and fund an account · 3. Decide what crypto to buy · 4. Choose a crypto wallet.
Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards.
TL;DR Large Bitcoin investors are accumulating more assets despite recent volatility, which could reduce supply and positively impact the price. Analysts predict a strong future rally for BTC, with potential targets between $85,000 and $120,000. Investing Instead of Panicking Bitcoin has shown quite a wobbly performance over the past three months, with its price ranging […]
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against a cryptocurrency firm. As part of the settlement, Robinhood must allow customers to withdraw cryptocurrencies to their own […]
Coinbase’s CFO has revealed that Kamala Harris is using Coinbase’s Commerce platform for crypto donations through a supporting super PAC, Future Forward. However, Harris’s official fundraising site does not show crypto integration, and some groups are unaware of her accepting crypto donations. Similarly, Coinbase’s CLO, Paul Grewal, sees potential for pro-crypto policies from both Harris […]
A former Binance executive sees Telegram as a crucial platform for introducing a broader audience to cryptocurrency through tap-to-earn games. This comes after Kostarev’s newly launched Telegram mini app, Blum, hit 50 million registered users, half of whom are new to the crypto world. This demonstrates Telegram’s potential as the next driver of Web3 adoption, […]
A widely followed cryptocurrency analyst and trader is offering his take on a real-world asset (RWA) project that’s skyrocketed by over 40x since December of 2023. The trader pseudonymously known as Sherpa tells his 222,500 followers on the social media platform X that the RWA blockchain MANTRA (OM) is a “strong project.” “OM still is […]
Derulo’s meme coin is down more than 97%
Mastercard has expanded its support for non-custodial wallets through a new partnership with Mercuryo, a European crypto payments provider. This collaboration introduces a euro-denominated crypto debit card that allows users to spend digital assets directly from their wallets at over 100 million merchants globally. Mastercard Embraces Self-Custody According to a statement by Mercuryo, this initiative […]
Dogecoin (DOGE) finds itself in a challenging position as bearish forces continue to dominate the market. Currently trading below a key descending trendline, DOGE faces mounting pressure that could push the price toward the critical $0.09149 support level. With the bearish trendline acting as a formidable resistance, any failure to hold this support could signal […]
Crypto salaries are becoming more common, especially in countries with prevalent economic incentives like inflation.
In response to Western sanctions, Russia has paved a legal pathway for cryptocurrency mining and international crypto payments — a major reversal.
In August, the TRON network demonstrated significant growth, processing nearly 230 million transactions, marking a 7.8% increase from July. This surge underscores the ongoing momentum in TRON’s network activity as it continues to expand its footprint in the blockchain space. The @trondao network processed nearly 230 million transactions in August, marking a 7.8% increase from […]
Crypto All-Stars’ presale is becoming a must-watch crypto event. This new meme coin offers tasty staking rewards on meme coins that can’t be staked in the traditional way. With nearly $1 million raised already, could Crypto All-Stars’ (STARS) be the token that brings the meme coin space back to life? MemeVault – Disrupting Meme Coin […]
Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to […]
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. Privacy is a fundamental issue in using a public blockchain system like Bitcoin. Numerous projects and proposals have been made over the years to either build privacy preserving tools on top of Bitcoin, or fundamentally add privacy at the protocol […]
Bybit launches bbSOL, a liquid staking token on Solana, enabling users to earn staking rewards while maintaining liquidity and maximizing returns.
North Korea has been running highly sophisticated social engineering schemes designed to crack the security measures of crypto and decentralized finance (DeFi) firms, according to the U.S. Federal Bureau of Investigation (FBI). A new FBI public service announcement indicates North Korean cyber criminals target specific employees at firms connected to crypto exchange-traded funds (ETFs). “Before […]
TL;DR Penpie Protocol Hacked: The DeFi protocol Penpie was exploited on September 3, 2024, resulting in a loss of $27 million in crypto assets, including Ethereum and stablecoins. PNP Token Plummets: Following the hack, Penpie’s native token, PNP, dropped by 30%, falling from $1.50 to approximately $0.98, reflecting a significant loss of investor confidence. Community […]
TL;DR Bitcoin is facing downward pressure, and short-term holders are the most vulnerable, with increasing unrealized losses. Short-term holders’ losses do not reach the levels characteristic of a full bear market but increase the risk of volatility. Profit and loss-taking activities remain low, indicating price saturation and potential future volatility. The Bitcoin market has been […]
Crypto market rebounds overnight after a sell-off at the start of this week, occurring around major US economic data releases. More critical US growth data to land tonight that could continue volatility surges. Altcoins analysis: WIF and HNT A mixed week of emotions as we witness Bitcoin move 3% to the upside on Monday, and […]