Data from bitcoin (BTC) on-chain analysis platform Bitbo shows that miners of the largest cryptocurrency suffered their worst month in nearly a year in terms of revenue generation. According to figures available on the dashboard, BTC mining activities secured $827 million in August, a more than 10% decrease from July’s $927.35 million. Transaction Fees Fall […]

London, UK, Sept. 02, 2024 (GLOBE NEWSWIRE) — GDMining, a leading cloud mining platform, has been honored by the UK Cryptocurrency Enthusiasts…

Bitcoin price extended losses below the $58,500 support zone. BTC is struggling and could continue to move down toward the $55,000 support zone. Bitcoin is gaining pace below the $60,000 support zone. The price is trading below $59,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]

An analyst with a fast-growing following says he has one price target for Bitcoin’s (BTC) bottom before a bullish reversal could take place. The pseudonymous trader known as Credible Crypto tells his 415,000 followers on the social media platform X that he’s anticipating BTC to pull off a relief rally before heading down further. Credible […]

The amount of capital invested in money market funds has surged to a record level with a potential Fed rate cut coming this month. New figures from the Federal Reserve Economic Data (FRED) show the amount of capital invested in money market funds has soared to over $6.44 trillion as of June of this year. […]

Worldcoin ($WLD) has emerged as a dominant force within the Optimism ecosystem, showcasing remarkable growth over the past year. The number of unique addresses holding $WLD skyrocketed from 477,000 in August 2023 to a staggering 4.7 million by August 26, 2024. This rapid expansion highlights a strong surge in community engagement and growing interest in […]

Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production. Ludwig von Mises, in his seminal work “Socialism: An Economic and Sociological Analysis,” provides a comprehensive critique of socialism’s flaws rooted in both economic and […]

Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.

Brian Armstrong announced that AI now uses crypto for transactions, a breakthrough in AI financial autonomy. AI systems bypass traditional banking with crypto wallets, facilitating instant, global transactions. This capability allows AIs to perform efficiently, overcoming barriers to accessing necessary services. The AI-to-AI economy, driven by AI and cryptocurrency integration, is potentially reshaping the financial […]

Crypto and memecoin markets are experiencing a decline, with notable drops in DOGS and BRETT. Pump.fun, a memecoin launchpad on Solana, has generated over US$100 million in cumulative revenue and released 1.1 million tokens since January. In the last 24 hours, Pump.fun launched 5,601 new memecoins, though most lack long-term relevance. SunPump’s activity declines as […]

2,364 BTC valued at approximately $140 million moved to major crypto exchange

The Securities and Exchange Commission (SEC) has taken an interest in the restructuring plan of the now-collapsed FTX and revealed its intentions to challenge the crypto exchange’s payment plan to its creditors if they were paid in stablecoins. “The SEC is not opining on the legality, under the federal securities laws, of the transactions outlined […]

Ethereum price started another decline below the $2,550 support. ETH could dive toward the $2,250 support zone before the bulls emerge. Ethereum started a fresh decline below the $2,550 level. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,500 on […]

Will this year see a cryptocurrency bill make it through Congress? There's a chance, according to a Sunday (Sep. 1) report by Coindesk, …

Lloyds Bank says tens of thousands of customers in the UK are falling for fake websites while shopping. The bank says credit and debit card customers have been fooled into buying items that never arrive, pouring a total of $8 million (£6 million) into the hands of scammers in the last year alone, reports Yahoo […]

Macro guru and Real Vision CEO Raoul Pal says he’s anticipating a “big breakout” for one crypto subsector. In a new interview on the Empire podcast, the former Goldman Sachs executive says gaming applications are approaching a new phase of adoption that may help trigger growth in the digital asset class. “When we start to […]

These are the findings of a new research report on “PolitiFi coins” from CoinGecko published on Aug. 27. The report noted that PolitiFi tokens outperformed meme coins, rising 782.4% between January 1 and August 25, 2024, while memes rose around 90% during the same period. The firm described PolitiFi tokens as a subset of the […]

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after the recent power fee hikes, and Argentines lead Latam in stablecoin adoption. Bukele […]

Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings. 

Top Cryptocurrencies to Watch: Pawfury Community Grows to More than 50K Holders, Drawing Bitcoin Cash and Tron Investors Pawfury (PAW) is rapidly becoming a cryptocurrency to watch as its community continues to expand, recently surpassing 50,000 holders. This impressive milestone has drawn the attention of investors from established cryptocurrencies like Bitcoin Cash (BCH) and Tron […]

XRP price extended losses below the $0.5650 support. The price is showing bearish signs and might even decline below the $0.540 level. XRP price started a fresh decline below the $0.600 zone. The price is now trading below $0.5650 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance […]

Ripple CTO David Schwartz speaks out on XRP price as well as XLM correlation

OKX, one of the top crypto exchanges by trading volume, has bolstered its presence in Singapore by obtaining a Major Payment Institution (MPI) license from the city-state’s regulator. The crypto exchange also named Gracie Lin, a former regulator, as the CEO of its Singaporean unit. OKX Is Fully Licensed in Singapore Officially announced yesterday (Sunday), […]

A closely followed analyst is forecasting a breakout for Bitcoin (BTC) later this month based on historical patterns. The pseudonymous analyst known as Rekt Capital tells his 497,000 followers on the social media platform X that cycles based around the Bitcoin halving – when miners’ rewards are cut in half – suggest that a bullish […]

… cryptocurrency. Schiff pointed to the fact that all of the gains recorded by the leading cryptocurrency had been recorded during the first t…

The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process. 

HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mumbai, India, these innovations, developed in partnership with fintech companies like Kreditpe, Tonetag, and Payu, aim […]

The world’s leading cryptocurrency has traded in a sideways channel ever since the early 2024 Bitcoin ETF rally. Market bulls started it in earnest in October as a result of premature reports that SEC approvals were around the corner. After that, BTC went from $27,000 on Oct. 14 to an all-time record high of almost […]

Solana started a fresh decline below $150 and $142. SOL price tested $128 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $140 and the 100-hourly simple moving average. There is a connecting bearish trend line […]

A prominent early Shiba Inu ($SHIB) investor has recently made a significant move by swapping a large portion of their $SHIB holdings for Fetch.ai ($FET). Over the past 10 hours, the whale exchanged 255.62 billion $SHIB, valued at $3.5 million, for 3.114 million $FET. This shift comes after the whale’s initial $SHIB investment, which netted […]

Recent reminder made by X owner has triggered heated discussion within crypto community

HodlX Guest Post  Submit Your Post   In 2024, the restaking sector evolved from an emerging concept to a significant reality of the DeFi (decentralized finance) ecosystem. The success of restaking is closely tied to the limitations of layer-one blockchains, which can only guarantee the validation of information held within the chain. While developers could easily […]