While many altcoins are still trading at the bottom due to low demand, Aave has continued to show strength as it reached a new milestone today. The price has retraced briefly to where it currently sits above a resistance. The month of July marked a notable turning point for Aave as it found solid ground […]
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions […]
The FBI released a report that finds cryptocurrency investment fraud cost Americans over $5.6 billion in 2023. · FBI officials say they received more …
The fresh capital brings Tune.fm’s total funding to $80 million. The funds will be used to reward artists and users within the platform.
Smart contract platforms have reached all-time highs in active addresses in the face of a price correction – a good sign for the asset class, according to analyst Jamie Coutts. Citing active address data from the analytics platform Artemis, Coutts says that the surge during the current price dip is a positive sign. “The daily […]
A closely followed crypto analyst says that Bitcoin (BTC) could break out of the current consolidation phase within weeks. In a new video update, crypto strategist Jason Pizzino tells his 333,000 YouTube subscribers that Bitcoin could start printing a bullish pattern on the monthly chart at the close of September. He looks at previous cycle […]
Pepe is one of the most iconic memes of all time, spawning hundreds of meme coins. Although Pepe (PEPE) remains the king among these, it’s facing fierce competition, and it has already reached its growth potential. Two of the biggest meme coin presales this year – Mpeppe (MPEPE) and Pepe Unchained (PEPU), both take a […]
The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law would officially protect digital holdings such as Bitcoin and other cryptocurrencies, non-fungible tokens (NFTs), and carbon credits. “It is […]
Bitcoin bull and JAN3 boss Samson Mow opposes those who name his BTC to $1 million call dangerous
A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion. As the fourth-largest cryptocurrency exchange globally, Coinbase commands significant trading volume—$1.5 billion in 24-hour transactions and 34 million monthly users—and acts as a custodian for major corporations, […]
Financial services giant Fidelity is forecasting how stablecoins could cause further divergence between the top two crypto assets by market cap. In a new report, Fidelity says that the rise of stablecoin usage on Ethereum (ETH) will push it apart from its competitors in the layer-1 sector as well as from Bitcoin (BTC). “Bitcoin and […]
TL;DR A U.S. federal judge dismissed a $100 million class action lawsuit against Atomic Wallet due to lack of jurisdiction and insufficient evidence. Judge Philip Brimmer determined that the digital nature of Atomic Wallet’s products made it unlikely that the company had intentionally targeted the Colorado market. The plaintiffs were granted an additional 21 days […]
According to a new report from the FBI’s IC3, crypto investors lost nearly US$6 billion in 2023. Investment fraud is the predominant type of crime, accounting for over 80% of the total losses. Human trafficking is also part of crypto scams, as criminals use victims to carry out scam operations on their behalf. Crypto investors […]
The crypto market is on edge as Bitcoin spot ETFs in the U.S. experience a sudden shift, with Bitcoin jumping 4% on Monday and critical CPI data looming on Wednesday. The crypto roller coaster continues, but could sentiment be changing? A prominent whale on Bitfinex has been aggressively buying Bitcoin, accumulating around 450 BTC daily. […]
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography […]
Commodity Futures Trading Commission (CFTC) has formed partnerships with several organizations to raise awareness about cryptocurrency relationship investment scams dubbed “pig butchering.” The regulator’s Office of Customer Outreach and Education (OCEO) is spearheading this initiative to educate and protect consumers from falling victim to these complex fraud schemes. Efforts to Fight Fraud According to the […]
The performance of cryptocurrency exchange-traded funds (ETFs) also mirrors this sentiment of anticipation for a new spark. Spot ether and bitcoin ETF …
Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance.
Since the market recovered from July’s low, ICP’s price has remained in range-bound while finding it difficult to break lower. It just rejected a key resistance after charting a notable gain in the past five days. Following July’s rejection at $11, ICP rolled back gains but managed to stay firm above the $6 level after […]
According to a late Tuesday filing from her lawyers, Caroline Ellison, the former CEO of Alameda Research, should be sentenced to time served and supervised release. The request comes ahead of her scheduled sentencing on September 24, 2024, for her involvement in the collapse of the cryptocurrency exchange FTX. Extraordinary Cooperation In the Tuesday filing, […]
Bitcoin, the original cryptocurrency, has come a long way from its informal past. From an experimental digital currency that occupied cypherpunk niches on the internet, it has grown to a trillion-dollar market cap asset valued at over $66,900 per coin as of this writing. While investing in Bitcoin is still considered a wild ride, the […]
According to market signals that have historically preceded major price rallies, Bitcoin is gearing up for its next potential bull run. A CryptoQuant analyst named ‘Tarek’ has recently highlighted key indicators in a post on the CryptoQuant QuickTake platform, suggesting that Bitcoin’s price might soon experience a significant upward movement. These indicators include declining Bitcoin reserves on […]
Cardano’s recovery sustained for three consecutive days, with ADA price reaching highs of $0.348
A widely followed crypto strategist believes sharp recoveries are in store for Ethereum (ETH) and its competitor Solana (SOL). Starting with the top smart contract protocol, pseudonymous analyst Kaleo tells his 647,300 followers on the social media platform X that his bearish scenario for Ethereum is no longer valid. The trader shares a chart suggesting […]
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz showed that the 12 spot bitcoin ETFs had inflows totaling $116.96 […]
A new report shows scammers are cashing in through cryptocurrency scams, and they're targeting Pennsylvanians at higher rates than most states.
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021.
TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero’s Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers. Controversial restructuring: BitGo will transfer control of WBTC to a joint venture with […]
Tron has enjoyed a stellar 2024 to date, demonstrating impressive growth in key DeFi metrics like volume and wallet activity. However, a TRM Labs report from 2023 found that Tron was home to nearly half of all crypto-related criminal activity. To combat these findings, Tron has teamed up with TRM Labs and Tether to create […]
ENS Labs has integrated Ethereum Name Service (ENS) with PayPal and Venmo, enabling users to transfer crypto using ENS names instead of complex addresses. The integration is currently available to US users, with PayPal and Venmo able to identify wallet addresses linked to ENS names, making crypto transfers more user-friendly. Following the announcement, the ENS […]
TRON has reported a strong performance for August 2024, with positive growth recorded across multiple metrics, including fees, revenue, and total earnings. The platform’s Total Value Locked (TVL) remained stable above the $8 billion mark, while USDT continues to dominate TRON’s stablecoin market cap, accounting for approximately 99% at $58.5 billion. Income and Revenue Growth […]
Bitcoin’s price may not look exciting this month, but the network’s total hash rate has returned to logging regular new all-time highs. The divergence between security and price is a sign that Bitcoin mining firms are happy to continue installing new computer hardware, even amid uncertain business/ market conditions. Bitcoin’s Unrelenting Hash Rate According to […]