Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.”
As Bitcoin dips beneath the $59K mark and SUI grapples with reaching $1, tensions ripple through the crypto sphere. Investors watch anxiously as Bitcoin’s stability wanes and SUI’s vigor diminishes. Amid these fluctuations, BlockDAG emerges as a beacon of potential, amassing an impressive $68.5 million with aspirations of reaching $1 per BDAG coin. The atmosphere […]
Bitcoin’s price has yet to recover from the recent drop, consolidating without a clear indication of its future direction. However, there are some signs that it could drop further if it’s unable to overcome $60,000 soon. Recall that the largest digital asset slumped hard on Tuesday, dropping from over $63,000 to $58,000, before recovering slightly […]
Sanctor Capital is a sanctuary where bright minds can find the support they need to maximize their impact on the industry. They have a long successful track record of guiding early-stage projects to Web3 market success. Ilya Abugov is a Partner at Sanctor Capital, a blockchain investment firm. He recently joined the Bitcoin.com News Podcast […]
This surge in accumulation has brought their total holdings to impressive 14.82 million Bitcoin
The U.S. Securities and Exchange Commission (SEC) charged two brothers with allegedly operating a $61.5 million Ponzi scheme that relied on promoting a fake crypto trading bot. The SEC accuses Jonathan Adam and his brother Tanner Adam of luring in more than 80 investors across the country by promising 13.5% monthly returns via a crypto […]
The president of Ava Labs, the team behind layer-1 blockchain Avalanche (AVAX), says that he’s optimistic about Ethereum (ETH)-based exchange-traded funds (ETFs). In a new interview with Bloomberg Television, Ava Labs president John Wu says that over time, Ethereum ETFs will find success due to the competitive nature of the decentralized finance (DeFi) sector. “I […]
TL;DR Merkle Trade launches its Token Generation Event (TGE) with dual rewards through Genesis Staking and Liquidity Bootstrapping Auction (LBA). Genesis Staking, with over 3 million preMKL tokens committed, offers rewards in USDC and access to a special reward pool. The 7-day Liquidity Bootstrapping Auction (LBA) allows users to set the price of the MKL […]
Almost 70K traders were liquidated recently, losing a total of US$166 million due to a significant drop in major cryptocurrencies. Market sentiment has shifted to mostly bearish for Ethereum, Dogecoin, and major stablecoins, with Bitcoin maintaining a mostly neutral stance. Analyst Michaël van de Poppe predicts further short-term declines for Bitcoin, potentially influenced by external […]
Another factor is the fact that Bitcoin is a completely decentralized cryptocurrency, meaning that no sovereign government or central bank controls it …
Proton, the Swiss company behind ProtonMail and ProtonVPN, has released a beta version of the newest offering in its suite of products that help to preserve online privacy — Proton Wallet. The wallet is great for those looking to send bitcoin on-chain with relative ease, but it leaves some to be desired for more advanced […]
After touching recent highs of $64,653 for Bitcoin and $2,815 for Ethereum, in a sudden move backward, the cryptocurrency market had sharply backpedaled on Thursday, with Bitcoin shedding more than 6% and Ethereum dropping more than 7%. This sudden fall has left many analysts and investors wondering about the future course of some of the […]
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.
The crypto exchange Abra has settled with the U.S. Securities and Exchange Commission (SEC) for a yet-to-be-determined amount over charges stemming from alleged unregistered investment offerings. The SEC specifically accused Abra’s parent company, Plutus Lending LLC, of failing to register its retail crypto asset lending product, Abra Earn. Abra settled the SEC’s charges without admitting […]
Crypto community seeing intense trading activity for Ethereum amid recent crash
BlockDAG Signs $10M – 3 Year Deal with Borussia Dortmund; MATIC Eyes Bullish Trend as FLOKI Breaks Resistance The buzz is all about Polygon’s (MATIC) anticipated rally, with signs pointing to growth and a rising market interest. Simultaneously, Floki’s (FLOKI) value ascends steadily, having overcome major resistance levels, suggesting more increases are on the horizon. […]
A long-dormant Bitcoin (BTC) address has been reactivated after more than 11 years of inactivity. The wallet, which holds 100 BTC, was brought back to life on August 29, according to blockchain tracking service Whale Alert. Worth a mere $14,202 when the address was last used in 2013, the crypto stash has jumped by more […]
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s Difficulty Jumps as Earnings Dwindle Bitcoin’s difficulty ticked up […]
The co-founder of decentralized finance (DeFi) platform Maker (MKR) says that the rebrand of its stablecoin will have a freeze function but that DAI will continue to operate normally. In a new thread on the social media platform X, MakerDAO creator Rune Christensen says that DAI itself will not feature a freeze function – or […]
Large Bitcoin (BTC) traders may be suddenly rotating capital into altcoins in pursuit of greater returns, according to analytics firm Santiment. Santiment says on the social media platform X that Bitcoin is seeing a significant decline in open interest while top altcoins like Ethereum (ETH) and Solana (SOL) are not. Open interest is the total […]
TL;DR Bitfarms expands in the U.S.: Bitfarms Ltd. takes control of a new data center in Sharon, Pennsylvania, marking its first large-scale site in the U.S. with up to 120 MW of power capacity. Strategic benefits: The Sharon site, located in the largest U.S. wholesale electricity market, offers competitively priced power, ideal for Bitcoin mining […]
The publicly-listed Bitcoin (BTC) miner from Wall Street (NASDAQ: ARBK) and London Stock Exchange (LSE: ARB), Argo Blockchain, announced today (Wednesday) its interim results for the first half of 2024. The company reported an 18% increase in revenue to $29.3 million compared to the same period last year, achieving growth despite the Bitcoin halving event […]
The cryptocurrency market has taken a serious beating. Bitcoin has dipped below the 59,000 level, while Ethereum tumbled almost 10%.
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy. If, in 2021, the identity of Satoshi Nakamoto remains a mystery, so too does the two-year period from 2008 to 2010 when Bitcoin’s creator served as the project’s principal developer and leader. Yet, far from a lifeless period of […]
Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is […]
The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media.
Monthly and quarterly closes at the end of this week. US Policymakers solidify the reality of interest rate cuts & US GDP and Inflation data to impact markets over the next two days. Altcoins analysis: IMX and RUNE After a breakout on Friday last week, we now find Bitcoin trading just above last week’s open […]
The Open Network (TON) faced its second outage due to heavy network load from minting DOGS tokens, a memecoin on the TON blockchain. Pavel Durov, Telegram founder and CEO, was arrested in France on charges including fraud and facilitating organised crime; he was released after paying a €5M bail but remains under investigation. Due to […]
Staggering 1.48 trillion PEPE tokens have just exited world’s largest crypto exchange, Binance
The realized capitalization of Bitcoin long-term holders (LTH) surpassed $10 billion this week for the first time ever. This highlighted the growing confidence among investors who hold the asset for extended periods, typically more than 155 days. The LTH metric is particularly crucial because it reflects the conviction of these holders in Bitcoin’s long-term potential, […]
Telegram founder Pavel Durov was reportedly scheduled to dine with French President Emmanuel Macron on the day he was arrested, sparking controversy. French authorities detained Durov, and reports indicate that he had informed them about the planned meeting. The allegations led to a political backlash, with accusations against Macron for stifling free speech. Did Macron […]
Top Crypto Presales For August 2024: Seize Opportunities Early Each month brings a fresh set of opportunities in the bustling world of cryptocurrency, and August 2024 is brimming with potential. As presales kick into high gear, the early participants could find themselves on the winning side, far from the sidelines. But with many choices, picking […]