More than 80% of short-term Bitcoin holders are currently losing money on their BTC positions, according to a popular on-chain analyst. The pseudonymous on-chain sleuth known as Checkmate tells his 97,000 followers on the social media platform X that the short-term holder (STH) metric looks similar to charts in 2018, 2019 and mid-2021, all of […]

Polymarket’s election odds have shifted significantly in the past few days: Harris was up by 10 points less than a week ago, but now trails Trump by 4 points. The cause of the shift isn’t clear, but it could be down to the Democrats’ crypto snub in their official policy platform and Harris’ reported embrace […]

Critical Support Holds Strong: Bitcoin’s critical weekly support at $58,000 remains solid as it re-enters the $60,000 zone. Despite recent volatility, this level continues to hold firm through multiple tests. Powell the Disruptor: Jerome Powell is set to address the market on Friday, with potential impacts expected. A 0.25% rate cut in September has a […]

The cryptocurrency market is a complex ecosystem influenced by a myriad of factors ranging from global economic trends to technological …

Famous philosopher Harari has referred to Bitcoin as art form and shared his take on AI

TL;DR Vitalik Buterin advocates for a cryptocurrency governance model that combines plurality and control. Note that the tension between freedom and control also manifests itself in other technologies and policies. Proposes multifactorial approaches to solve complex problems such as voting and universal basic income (UBI). Vitalik Buterin, the creator of Ethereum, has shared his thoughts […]

Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine.  Ledn and @sygnumofficial Just Made History! 🎉 Sygnum Bank issued the industry's first Syndicated BTC-backed $50M (USD) […]

Ethereum, the second largest cryptocurrency by market cap has been experiencing a prolonged period of price correction, leaving investors and traders questioning when the crypto asset will regain its upward momentum. As a result, an analyst from CryptoQuant has analyzed ETH’s on-chain metric and is now suggesting that Ethereum might be nearing the end of […]

Blockchain data shows that stablecoin issuer Tether has minted over $33 billion in USDT over the last year. According to blockchain tracking firm Lookonchain, Tether minted billions of USDT on the Tron (TRX) and Ethereum (ETH) blockchains. “Tether Treasury has minted 33 billion USDT in the past year, of which 19 billion USDT was minted […]

A widely followed crypto strategist is predicting a massive breakout for one decentralized finance (DeFi) low-cap altcoin. Pseudonymous analyst The Crypto Dog tells his 810,200 followers on the social media platform X that Synapse (SYN), a protocol that aims to enable secure cross-chain communication, could soar more than 75% from the current value. “Think it […]

Top 5 Must-Watch Cryptos for Massive Growth in 2024– Join Before the Rally! As the altcoin season ramps up, it’s a prime time to scout out the best altcoins for 2024. With the market buzzing in anticipation of an exciting year, buyers are on the hunt for the top cryptos that are poised for significant […]

Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men […]

State Street has announced a new partnership with Swiss cryptocurrency firm Taurus. This collaboration aims to expand State Street’s digital asset services, including the creation of tradeable tokens from real-world assets. As cryptocurrencies have become more integrated into the financial system through regulated products like futures and exchange-traded funds (ETFs), institutional interest has grown. Institutions […]

It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution.

Cardano has been one of the better performers in the past 24 hours, increasing by as much as 4% and pushing above $0.35. It appears that this move comes on the back of increased bullish sentiment for the cryptocurrency, unlike that of XRP – another altcoin with a massive community. Ripple (XRP) v. Cardano (ADA): […]

In the rapidly changing world of cryptocurrency, finding a high-potential investment under $0.01 can be both challenging and rewarding.

Crypto sentiment is neutral, but Bitcoin struggles to get above US$60K, while ETH and most major cryptos are in the red. Tron has gained market cap, surpassing Cardano as the 10th largest crypto, despite most other assets declining. Bitcoin’s dominance is increasing near its 2021 highs, contrasting with the decline of many altcoins. While the […]

Several wallets that have been dormant since 2014 have reawakened, with several holding millions worth of BTC. The cause of the activity is uncertain, with some speculating a major sell-off, while others believe it could be tied to Mt. Gox repayments. Nevertheless, Bitcoin has held strong at US $60k, suggesting that the hundreds of BTC […]

Peter Brandt warns of incoming volatility for Bitcoin and Ethereum, with BTC price drawing troubling pattern

Financial giant VanEck is buying Bitcoin (BTC), according to Matthew Sigel, the firm’s head of digital assets research. In a new interview with CNBC, Sigel notes there have been four sellers in the BTC market driving the price of the top crypto asset down. “The German government has sold all of its Bitcoin, $2 billion […]

Tech billionaire Peter Thiel is outlining a number of concrete steps that the US government can take to reduce its huge budget deficit. In a new interview on the Joe Rogan Experience podcast, Thiel takes aim at the government’s habit of spending way more than it makes. According to the billionaire, the amount of taxpayer […]

Bitcoin mining has long been embroiled in controversy. From Greenpeace’s high-profile “Change the Code, Not the Climate” campaign to Alex DeVries’ exaggerated claims about Bitcoin’s growing “water footprint,” the media often portrays Bitcoin mining as an environmental disaster in the making. For the general public, who are genuinely concerned about environmental preservation but lack in-depth […]

As the cryptocurrency market continues to navigate a mixed period of price stagnation and volatility with no clear path forward, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network.  Scheduled for the first quarter of 2025, this major upgrade is gaining significant attention from bullish analysts who believe it could […]

A memecoin shorting protocol called Dumpy.fun says it will release a new “squeezy” tool allowing traders to take the other side of the short trade.

TL;DR VanEck is pushing forward with its Solana ETF despite significant regulatory challenges from the SEC, which has been cautious about approving cryptocurrency ETFs due to concerns about market manipulation and investor protection. VanEck’s commitment to the Solana ETF is evident as they continue to advocate for its approval, emphasizing that Solana functions similarly to Bitcoin and […]

Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, including tokenization and digital custody, expanding State Street’s existing capabilities in fund administration. State Street Partners With Taurus to Expand Digital Asset Services […]

The crypto exchange and Web3 company Bitget has announced the integration of Apple Pay and Google Pay into its platform, enabling users to convert fiat currency to cryptocurrency within 30 seconds. This move is part of Bitget’s strategy to enhance accessibility and streamline the crypto purchasing process for more than 650 million users. Bitget Expands […]

Top Crypto Presales to Consider in 2024: Early Opportunities for Your Portfolio As 2024 progresses, the crypto scene is abuzz with excitement over new presales that could transform the digital currency arena. Whether you’re an experienced trader or new to the crypto world, these presales offer a rare mix of creativity and potential. BlockDAG stands […]

There are growing rumors in Washington that Vice President Kamala Harris may nominate SEC Chair Gary Gensler as Treasury Secretary if she wins at the polls in November. Those rumors corroborate what top Republicans have also told the Washington Reporter on the record it reported on Aug. 19. Speaking to the outlet, Minnesota representative Tom […]

cryptocurrency on the mainland. Using virtual assets to transfer or convert criminal proceeds is among a range of money laundering methods that …

Binance, Coinbase, Bitfinex and 73 other crypto firms have applied for crypto asset service provider licenses in Turkey. In June, the Turkish government enacted a new digital asset regulatory regime that requires crypto firms to secure permission to operate from the Capital Markets Board (CMB) of Turkey, the country’s financial regulator. The CMB published a […]

Ethereum gas price recently reached new all-time low