In a strategic move influenced by upcoming general elections, South Korea has decided to delay the implementation of taxes on cryptocurrency gains until 2028. Initially, the government planned to impose a 20% tax on profits from crypto investments exceeding 2.5 million won (approximately $1,875) starting January 2023. This timeline was subsequently pushed to 2025, and […]
Port St. Lucie Police are searching for the suspects behind a sophisticated investment scam.Police say there may be dozens of victims from all …
Ethereum price remained stable above the $3,400 resistance zone. ETH again tested $3,500 and seems to be struggling to continue higher. Ethereum is holding gains and struggling near the $3,500 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,350 […]
The decentralized finance (DeFi) platform LI.FI protocol has suffered an exploit amounting to over $8 million. Cyvers Alerts reported detecting suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI Issues Warning After $8 Million Exploit LI.FI confirmed the breach in a statement on July 16 via X: “Please do not interact with any http://LI.FI powered […]
The failed assassination attempt on the former US president may (perversely) be good for crypto. “Trump’s victory odds just went up significantly.”
July 16, 2024 – Majuro, Marshall Islands Multipool, a leading innovator in the blockchain and cryptocurrency industry announces strategic partnership with Tokinvest with the goal of transforming tokenized RWA (real-world asset) trading. This partnership aims to take RWA trading to the next level with an end-to-end dual market solution for RWA token offerings, secondary market […]
Ethereum is likely gearing up to outrun Bitcoin (BTC) after the launch of spot ETH exchange-traded funds (ETFs), according to analytics firm Kaiko. In a new report, Kaiko says the “mood in crypto markets is much changed” since May when the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum ETFs. “The mood in crypto […]
Leading Latin American crypto exchange Bitso has partnered with Lightspark to integrate the Bitcoin Lightning Network onto its platform. This will introduce faster, cheaper Bitcoin transactions to Bitso’s user base of over 8 million retail clients and 1,700 institutional customers. Bitso will leverage Lightspark’s infrastructure to enable Lightning transfers. Lightspark will host the nodes while […]
TL;DR Polygon Labs has launched Plonky3, the latest version of its zero-knowledge proof (ZK) system aimed at enhancing security and efficiency in distributed networks like Ethereum. Plonky3 is an open-source toolkit under the MIT and Apache licenses, designed to enable developers to build zkVM or zkEVM virtual machines. This system is crucial for zero-knowledge rollups, […]
TL;DR Bitkey has integrated MoonPay as a strategic partner for Bitcoin acquisition, enabling users to fund purchases using various payment options. The partnership aims to meet the growing demand for accessibility and convenience in the crypto market, expanding available options in the UK and EU. The company has enhanced its Bitcoin wallet with innovative features […]
Michael Dell, once a Bitcoin sceptic, now shows interest in Bitcoin, engaging with Bitcoin bull Michael Saylor and his followers on social media. BlackRock CEO Larry Fink doubles down on his support for BTC, calling it a “legitimate financial instrument” and a hedge in portfolios. Jim Cramer agrees with Fink’s positive stance on Bitcoin, despite […]
According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to 14 days. Kraken Confirms Receipt of Mt Gox Funds On Tuesday, the Mt Gox trustee moved significant amounts of […]
The BlackRock boss has admitted that he was wrong about Bitcoin
A Nigerian court has postponed a money laundering trial against Binance and two of its executives, Reuters reported. The judge cited unresolved issues over medical documentation for one of the defendants. The trial, involving allegations of laundering over $35 million, has now been rescheduled for October. Ongoing Medical Record Dispute The delay arose from a […]
Despite recent volatility, the outlook for cryptocurrencies remains optimistic. Bitcoin prices surged about 9% since the assassination attempt on …
Despite yesterday’s surge in $TRUMP-related memes, today’s leading cryptocurrency on Crypto Twitter (CT) is $MOG, with sentiment reaching record high levels. $MOG has hit a new all-time high today, thanks to a significant 65% increase in value over the past week. Its market capitalization now exceeds $782 million. Despite the surge in memes related to […]
Ethereum (ETH) is up in the last 24 hours. This is thanks to a recent development suggesting that the Spot Ethereum ETFs are set to launch anytime soon. These funds are expected to positively impact ETH’s price, with the second-largest crypto token poised to reach new highs. Why ETH Is Up Today Ethereum experienced a […]
A crypto strategist who nailed the Bitcoin pre-halving correction this year thinks BTC has carved a mid-cycle bottom. Pseudonymous trader Rekt Capital shared a chart with his 483,500 followers on the social media platform X that he says suggests the top crypto asset’s post-halving downtrend has come to an end. “The Bitcoin correction is over.” Source: […]
Leading US-based crypto exchange Coinbase is teaming up with a top crypto payments provider to increase crypto functionality. In a new announcement, Coinbase says it is partnering with Stripe to increase the adoption of crypto by consumers around the world. “Stripe and Coinbase have announced a partnership to increase on-chain adoption and provide faster, cheaper […]
Electric Capital co-founder Avichal Garg believes that spot Bitcoin ETFs have helped ease the blow from the collapse of crypto exchange FTX.
Worldcoin, the eye-scanning crypto project from OpenAI CEO Sam Altman, jumped 25% in trading in the past 24 hours. It’s one of the biggest gainers in this week’s crypto market, which is roaring back to life after slumping through June and the first half of July. The move not only erases much of $WLD’s losses […]
I logged back on to social media after a week offline in the countryside, only to see my timeline filled with news of an assassination attempt on Trump. My first thought, after noting my impeccable timing, was: “Let me see how CNN frames this.” And lo and behold: The first thing they wrote was that […]
Shiba Inu has once again captured the spotlight with the token seeing a significant price rise with the recent market uptick. According to a recent Forbes report, the popular meme coin is projected to grow much further and experience a staggering 1700% price rally into 2025. As the market buzzes with optimism, it’s clear that […]
BlackRock total assets under management have topped $10 trillion
We are delighted to announce we are now the Official Crypto and Web3 Partner of Tottenham Hotspur, one of England’s most iconic football clubs. Ahead of the 2024/2025 season, we will be the Official Sleeve Partner for all Tottenham Hotspur Men’s and Women’s teams. Kraken and Tottenham share a forward-thinking vision for how to leverage […]
Experts say crypto ATMs have become a vehicle for international criminal enterprises, and that millions of dollars' worth of fraud is carried out …
TL;DR Bitcoin rose to intraday highs of $63,293, marking its fourth consecutive day of gains. A major technical break above the 200-day SMA fueled the recent price surge. The rally is part of a broader recovery in the cryptocurrency market, with $49.45 million worth of Bitcoin short positions liquidated. Bitcoin, the world’s largest cryptocurrency by […]
Michael Pizzino identifies a strong bullish trend in Bitcoin on hourly to daily charts, with key support at US$58,500. Signs of market exhaustion are noted but seen as minor unless Bitcoin falls below US$60,000, hinting at a peak. Michael anticipates a possible last leg of Bitcoin’s bull run, referencing Elliott Wave theory for macro trends. […]
Popcat has emerged from the convergence of internet memes and cryptocurrency. The meme coin depicts a playful feline, and it serves as inspiration for this digital asset, which has captured the attention of investors and crypto enthusiasts as it tallies a new milestone. Popcat Scales The Crypto Food Chain Popcat has been showing a big […]
Interest in $MKR has surged recently, primarily due to its robust financial performance and strategic potential. MakerDAO, the project behind $MKR, is generating $85 million in quarterly revenue, reaching an all-time high. With nearly all $MKR coins already in circulation, the project stands out in a market where many are wary of venture capital-backed coins […]
BTC price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000.
Kraken has announced the receipt of funds from the Mt. Gox Rehabilitation Trustees on July 16th. This marks a significant step towards compensating those impacted by the historic collapse of the Mt. Gox exchange a decade ago. In an email to the affected parties, the exchange said it plans to begin distributing Bitcoin (BTC) and Bitcoin […]