TL;DR Cardano (ADA) rose 4% this week, with one analyst predicting a potential 70% spike due to a bullish pattern. Indicators suggest the asset could see further gains, with some signaling a significant price increase by early 2025. Is It Time for ADA to Shine? Most leading cryptocurrencies have plunged substantially in the past week, […]

Cryptocurrency exchange Coinbase is partnering with Greengage, a London-based financial services provider for small and medium enterprises (SMEs), to originate SME debt using the Coinbase Diamond protocol. This collaboration seeks to utilize blockchain technology to provide SMEs with access to capital, promising a more efficient and transparent financing solution. Targeting SME Financing Speaking about this […]

EIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transactions are revealed on time.

Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened its stance on the use of cryptocurrencies in international payments. She also mentioned ongoing efforts to […]

Russia is reportedly considering using stablecoins to make international payments, according to state-run media. According to a new report by Russian state publication Izvestia, Russia is looking to legalize the use of stablecoins to make cross-border payments. The report didn’t mention what type of stablecoins the Russian government is considering. The Deputy Chairman of Russia’s […]

Interoperability blockchain project Polkadot (DOT) is reportedly spending massive amounts of money on outreach and marketing. According to the project’s new treasury report, $37 million was spent in the first half of 2024 to increase interest in the Polkadot ecosystem. “$37 million was spent on ‘outreach.’ But what do we mean by that? Under outreach, […]

Karate Combat, a premier full-contact striking league, is set to feature at Bitcoin 2024, the world’s largest Bitcoin conference, later this month in Nashville, Tennessee. The event will take place at the Nashville Municipal Auditorium on July 25th, starting at 6:00 PM ET. “Feel the intensity of every kick, punch, and block as world-class martial […]

Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Cheap Gas Fuels The Fire Analysts attribute the […]

Rapid price drop not what we expected

IRD had identified 227000 cryptocurrency users in NZ who made about 7 million transactions with a value of $7.8b in the last tax year.

It’s unclear what a Labour Party government could mean for digital assets in the U.K., but according to one poll, many voters want politicians to consider the industry.

TL;DR Bitcoin continues to decline, falling below $60,000, a 3.1% decrease in the last 24 hours. Mt. Gox is expected to release up to 140,000 BTC this week, which could add downward pressure on BTC prices. The market for US election-themed meme coins has suffered significant drops, with several tokens losing up to 95% of […]

TL;DR According to SlowMist, the second quarter of 2024 saw a alarming increase in security incidents in the crypto industry, with 467 cases of stolen funds. The main causes include leaks of private keys stored in cloud services and downloading fake wallets from unofficial sources. Advanced phishing and honeypot schemes have also significantly risen. According […]

Robinhood Markets Inc., the popular commission-free trading platform, is making moves in expanding its cryptocurrency offerings and geographical reach. The company has launched its services in Hawaii, Puerto Rico, and the US Virgin Islands, while simultaneously exploring the possibility of introducing cryptocurrency futures trading in both the United States and Europe. Robinhood Expands Crypto Offerings, […]

Fear surrounding the repayments of defunct crypto exchange Mt. Gox is most likely overblown, according to analysts at digital asset management firm CoinShares. Mt. Gox was the world’s largest Bitcoin exchange at one point before abruptly going bankrupt and “losing” most of its coins due to theft. The exchange ultimately recovered most of its coins […]

Matthew Sigel, the head of digital assets research at investment giant VanEck, has confirmed that his firm’s Solana (SOL) exchange-traded fund (ETF) filing is a bet on Donald Trump winning the presidency. VanEck became the first company in the United States to file for a SOL ETF when it submitted an S-1 registration statement to […]

BlockDAG Blasts Off with 1300% Surge: Tron and Stellar Left in the Crypto Dust Tron (TRX) has recently climbed above Shiba Inu in market capitalization, signaling its swift ascent. Stellar (XLM) enthusiasts keep their spirits high despite market ups and downs, fueled by the coin’s trailblazing features. Yet, BlockDAG (BDAG) steals the spotlight as the […]

With Bitcoin trading sideways over the past few months, traders are waiting for their signal to re-enter the market before crypto reclaims its bullish momentum from earlier this year. In a Wednesday memo, an analyst from CryptoQuant highlighted one signal worth looking at: stablecoin liquidity. Stablecoins: The Key To Driving Bitcoin Higher “The bottom line […]

The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment on Monday, finding that the defendants misrepresented the performance of their crypto funds, operated a […]

In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin.  These developments have sparked intrigue in political circles and garnered attention within the cryptocurrency industry. Biden’s […]

Bitcoin price struggles to trade above $60,000, and the bullish setup displayed by altcoins is also beginning to crumble. Is the bull market coming to an end?

Another 832 Bitcoin (BTC) discarded by German government

FILE PHOTO: A representation of cryptocurrency Ethereum is seen in this illustration taken August 6. The second-largest cryptocurrency after …

The Cardano Foundation, responsible for development of the Cardano ecosystem and more, has teamed up with CCRI to release a sustainability report. The report, intended to meet the benchmarks of EU crypto ESG regulations, was released earlier this week. Key findings from the report showed that Cardano employs an energy-efficient consensus mechanism and complies with […]

Bitcoin’s price hovered around US$61.5K after reaching new highs in March 2024, leading to questions about the bull market’s end. Fundstrat’s Tom Lee believes US$150K is still possible in 2024, expecting a sharp rebound once Mt. Gox compensation concerns dissipate. CCData suggests Bitcoin could hit new highs this year or in 2025, noting historical patterns […]

Cryptocurrency exchange Bitget has set its sights on becoming a regulated player in the world’s most populous democracy. The company’s announcement comes as India grapples with the complexities of integrating cryptocurrencies into its financial ecosystem. Bitget Signals Intent to Register as Regulated Crypto Exchange in India The company revealed it is in active discussions with […]

A Bitcoin (BTC) mining firm backed by disgraced FTX founder Sam Bankman-Fried is reportedly considering an initial public offering (IPO) in the US. According to a new report by Bloomberg, anonymous sources familiar with the matter say that Genesis Digital Assets, which is backed by Alameda Research, is currently working with advisors on the potential listing. […]

TL;DR Consensys acquires Wallet Guard to strengthen MetaMask, a leader in self-custodial wallets in the web3 sector. Wallet Guard specializes in user-centric security, enhancing scam detection and protection against fraud. Transaction validation and client-side heuristics will be incorporated. Consensys is actively working on strengthening MetaMask. The firm has just announced the acquisition of Wallet Guard, […]

TL;DR Ethereum has consolidated itself as the undisputed leader in fee revenue, reporting a total of $2.728 billion. Bitcoin closely follows with fee revenue of $1.302 billion, thanks to its robust security model and function as a store of value. Tron, Solana, and Binance Smart Chain are the main contenders in the competition for revenue. […]

Toncoin has slowed down buying today due to a slight drop. It remains bullish but may keep losing steam if the bulls fail to sustain pressure. Since TON bounced back from a major correction in May, the price has increased significantly as it continues to break through several obstacles on the way up. So far, […]

Despite a market-wide correction, XRP is holding strong. Key Support levels: $0.43 Key Resistance levels: $0.54 1. Flat Trend Continues XRP did not make new lows this week and manage to hold steady around 48 cents. While most of the market is in red today, XRP managed to keep its price. This is a show […]

Nigerian prison officials have reportedly refused to release Tigran Gambaryan’s medical records. A High Court judge has ordered Kuje Detention Centre prison officials to present Gambaryan’s legal representatives with the records by July 5. Yuki Gambaryan, the wife of the Binance employee, has urged Nigerian authorities to drop charges against her husband. Gambaryan’s Health Deteriorates […]