The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones […]
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin Miners’ Hashprice and Revenue Decline in June Miners faced challenges during the […]
The price of the leading cryptocurrency by market cap could be on track to double this year, according to Fred Krueger
Singapore has blockchain technology firm Paxos full approval, granting the New York-based firm the permission to offer digital payment token services through its entity, Paxos Digital Singapore Pte. Ltd. This approval from the Monetary Authority of Singapore (MAS) enables Paxos to issue stablecoins under the upcoming stablecoin regulatory framework. Paxos Expands Global Reach With this […]
When they descended into coal mines, miners would take a caged canary with them. The toxic gasses, notably carbon monoxide, that accumulate in these places and pose a deadly risk to miners, would kill the canaries before the miners. This information made them aware of the danger, enabling them to evacuate before it was too […]
An exchange-traded fund (ETF) expert at Bloomberg is moving his estimated date for the approval of spot market Ethereum (ETH) ETFs following recent comments made by the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, Bloomberg ETF specialist Eric Balchunas says that spot ETH ETFs likely won’t […]
Bitcoin (BTC) is on the brink of a significant price movement as it approaches the crucial resistance level of $64,515. The cryptocurrency asset has been experiencing an upward trend, gaining momentum and investor confidence. Breaking through this key resistance could act as a catalyst for a major rally, potentially pushing BTC to new heights. Traders […]
May was the biggest month in terms of crypto losses in 2024 so far, with nearly $385 million in net losses suffered from crypto hacks.
The SEC has postponed the approval of Spot Ethereum ETFs, now expected mid-July or later. Applicants must submit revised S-1 forms by July 8. Further filings are anticipated before the ETFs can commence trading. The writing was on the wall, and it has been confirmed. The US Securities and Exchange Commission (SEC) has delayed the […]
Solana has enjoyed a terrific week of trading, with the price of SOL gaining over 14%. Analysts believe the counter-move from Solana comes on the back of major technological advances within the ecosystem. Solana is introducing Blockchain links (blinks) and ZK Compression, two separate changes set to improve adoption and developer access. Additionally, financial institution […]
Bouncing off a key price area into a brief consolidation phase last week, Ethereum suspended bearish actions and increased above $3,500 earlier today. Despite retracing slightly, it is still up 4% on the weekly scale. A week ago, Ethereum tested the $3,240 level after witnessing several crackdowns for a month. It rejected the price level […]
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Conversely, such data isn't required when dealing with cryptocurrency transactions. Such platforms as 1xBit practice blockchain technology that …
The month of June was a tumultuous one for the Bitcoin price as it brought quite a lot of volatility. Unfortunately, the price action was resolved to the downside, and the bears managed to push it down by 7.12%. Will July be different? Bitcoin Price Bullish in July With June behind our backs, it’s worth […]
Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which […]
David Portnoy plans to buy up to $10 million worth of Bitcoin if price hits rock bottom
The derivatives arm of crypto exchange Coinbase has just submitted to the Commodity Futures Trading Commission (CFTC) documents to self-certify the listing of new futures products tied to five popular crypto assets. According to the filings, Coinbase Derivatives is launching futures contracts for Avalanche (AVA), Chainlink (LNK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHB), […]
Ethereum, the world’s second-largest blockchain platform, has entered a new era marked by record-low transaction fees. This dramatic shift, the most significant since 2016, has sent ripples of excitement through the cryptocurrency community, raising hopes for increased adoption and a more accessible DeFi (Decentralized Finance) landscape. From Pricey To Penny-Pinching Previously, Ethereum’s notorious gas fees, […]
Charles Hoskinson, co-founder of Cardano, raises concerns over AI censorship and the selective training of AI systems at the hands of the big tech companies developing the models.
Once MiCA is in place, the EU will have one of the most comprehensive frameworks for crypto-asset issuers and service providers globally.
As Australia hits the first of July, it’s time for many investors to consider lodging their tax returns. This financial year, the ATO has pledged to ramp up efforts to ensure all crypto traders are meeting their tax requirements. The key to their efforts is a new data-matching software, which can reportedly sort through decades-old […]
The Supreme Court’s reversal of the Chevron doctrine shifts more authority to courts to interpret ambiguous statutes, which could alter the regulatory landscape for the crypto industry. While the crypto community welcomes the change, many expect it to lead to increased legal challenges and regulatory uncertainty that will hurt businesses and consumers. A decision by […]
There has been a significant boost for Filecoin through a partnership with a firm known as GetBlocks. The partnership will enable the developers to deploy their smart contracts on the Filecoin blockchain in a bid to lure in more projects. However, the conquer-to-earn mechanism and a novel staking system have made Angry Pepe Fork popular […]
TL;DR XRP lags behind other cryptocurrencies in gains but is predicted to rise significantly due to positive technical indicators and a potential legal victory in the Ripple v. SEC case. Analysts foresee the asset reaching between $2.90 and $16.10, with some envisioning even higher prices if certain conditions are met. The Next Potential Targets The […]
The Defi Education Fund, an organization focused on defending and bringing clarity to decentralized finance, pondered on what the recent overruling of the so-called Chevron doctrine might mean for crypto. The organization explained that this decision marks a new chapter in the battle for clearer regulations in the crypto environment, putting Congress at the forefront […]
Bitcoin miner capitulation is highest since 2022 market crash
The CEO of artificial intelligence (AI)-focused Fetch.ai (FET) says its planned token merger will still take place despite not being supported by Coinbase. In a new thread on the social media platform X, Fetch.ai chief executive Humayun Sheikh says that the planned AI token merger between FET, Ocean Protocol (OCEAN) and SingularityNet (AGIX) is still […]
A North Carolina-based bank is facing a proposed class-action lawsuit over a data breach that has allegedly placed customers at serious risk of fraud and identity theft. The plaintiff accuses Truist Bank of failing to secure and safeguard its customers’ sensitive information properly, following a security incident that exposed confidential data of account holders. A […]
The Shiba Inu community is experiencing a wave of mixed emotions. On the bright side, the long-awaited Shibarium, the project’s layer-2 blockchain, is gaining traction with a significant transfer of tokens and a surge in transaction volume. However, the price of SHIB itself remains stubbornly stagnant, leaving some “Shiba Millionaires” out in the cold. Shibarium […]
The German and U.S. governments make strategic moves with significant Bitcoin and Ethereum transfers, drawing market attention.
As I proposed that my sister-in-law consider investing in cryptocurrency, she accused me of scamming. – VnExpress International.
Crypto markets have started to recover over the weekend with a total capitalization gain of around 4%, primarily led by Bitcoin, which reclaimed the $63,000 level during Asian trading on Monday morning. This short week’s economic calendar does not have many big-hitting reports but could still shed light on the direction of economic recovery in […]