The crypto market is struggling to get enough momentum for the next bull run, with top altcoins entering a consolidation phase. Despite this gloomy outlook, a savvy Dogecoin (DOGE) trader has spotted two tokens poised to soar by 4,000% soon. These are Shiba Inu (SHIB) and RCO Finance (RCOF), a new Ethereum token. Why does […]
Bitcoin’s price is recovering steadily from the drops experienced the other day, and the bulls are now targeting a critical resistance level. That said, some of the altcoins are also going through a resurgence, with a few particular ones standing out. Let’s dive in. Bitcoin Price Pushing $60K As seen in the chart below, Bitcoin’s […]
The US government is selling Bitcoin, according to this finance lawyer
XRP, being one of the worst year-to-date performers among the top 10 largest crypto by market cap, now appears to be on the verge of a historical rally, according to renowned crypto analyst Javon Marks. According to Marks, XRP’s latest price action suggests a major turn in its trajectory, reminiscent of its monumental rise observed from 2016 […]
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.
A widely followed crypto analyst is warning that Bitcoin (BTC) could plummet below $50,000 if it fails to hold a key support level. Crypto trader Michaël van de Poppe tells his 723,000 followers on the social media platform X that Bitcoin could witness another steep downward move if its immediate support level crumbles. “Bitcoin is […]
South Korea’s National Pension Service (NPS) has purchased $34 million worth of shares in MicroStrategy, the business intelligence firm that has accumulated billions in Bitcoin. JUST IN: 🇰🇷 South Korean pension fund reports buying $34 million in MicroStrategy shares. pic.twitter.com/Sg5cRAkjzZ — Bitcoin Magazine (@BitcoinMagazine) August 16, 2024 According to a recent SEC filing, the NPS […]
Fidelity, a global financial giant with US$4.9 trillion AUM, has been a pioneer in cryptocurrency ventures, including Bitcoin mining as early as 2014. The company, under CEO Abigail Johnson, recognises blockchain’s disruptive potential and is expanding its crypto investments and offerings. Fidelity is currently evaluating stablecoins and tokenised treasury products, indicating a strategic move towards […]
This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring his deep insight into the development of digital cash systems. From RPOW to Bitcoin Hal Finney was […]
The Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts.
Issuers are lining up for the next wave of cryptocurrency exchange-trade funds.
US Presidential hopeful Donald Trump now owns over $1 million in crypto despite once calling the technology a scam. According to new official financial disclosures from the former reality television star, Donald J. Trump owns over $1 million in crypto. The disclosures also show that the business magnate made $300,000 selling Christian bibles. Trump’s crypto […]
Can rate of Bitcoin (BTC) bounce back by end of week?
Dogecoin has been a focal point in the cryptocurrency world, and a mix of positive and negative signals is setting its future. On one hand, the number of Dogecoin addresses has been increasing. On the other hand, the recent technical analysis gives less reason for optimism over the short to medium term. What must investors […]
TL;DR Arbitrum DAO approved a proposal to enhance the utility of the ARB token and strengthen governance, with 91% support from over 25,000 participants. The proposal introduces ARB staking, allowing holders to stake their tokens in exchange for stARB, which facilitates the accumulation of future rewards. The change aims to increase active participation in governance […]
The crypto world is buzzing with new innovations and exciting projects as 2024 introduces new opportunities. Leading the charge is BlockDAG, showcasing cutting-edge technology, while Pepe Unchained grabs attention with its unique creativity. Joining the ranks are Meme Games, Crypto All-Stars, and Base Dawgz, each bringing their flair to the ever-evolving digital currency landscape. These […]
The Shiba Inu team has come up with an important announcement that’s integral to the ongoing and long-term development of the project. In a tweet from August 16th, the team said that the long-awaited community Burn Portal is now live. Introducing Shib Torch! The long-awaited community Burn Portal is now live. Every Shibarium L2 transaction […]
Bitcoin’s recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination reveals a more nuanced story, especially after the current prolonged period of choppy consolidation. Are Long-Term Holders Accumulating? […]
Styx Stealer steals data and can reroute crypto transactions coming from an infected computer to the bad actor’s wallet.
Crypto exchange Binance is resuming its services in India after complying with the nation’s registration requirements. Late last year, India blocked Binance along with nearly a dozen foreign crypto exchanges for failing to register as a reporting entity with the Financial Intelligence Unit (FIU) as required by the country’s anti-money laundering law. In June, the […]
The most recent Tapping Into Crypto Podcast saw hosts Ted Coaldrake and Pav Hundal discuss the ins and outs of the blockchain gaming industry. The duo emphasised the difficulty of Web3 gaming, despite the sub-industry gaining momentum on the back of “tap-and-earn” games like Hamster Kombat. The hosts cite poor infrastructure and difficulty building a […]
The Clay County Prosecutor's Office, Missouri, is intensifying efforts to combat the rise in cryptocurrency-related scams.
The Clay County Prosecutor’s Office, located in Liberty, Missouri, is intensifying efforts to combat the rise in cryptocurrency-related scams. Recognizing the growing threat posed by scams related to cryptocurrencies like bitcoin and ethereum, the office is organizing a specialized training program for local law enforcement agencies. This initiative aims to equip detectives and officers with […]
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Another transfer by the US government of originally seized Bitcoin from the notorious Silk Road has sparked widespread speculation on Wednesday, August 14. Blockchain analytics firm Arkham reported yesterday that 10,000 Silk Road BTC, valued at approximately $593.5 million, were transferred to Coinbase Prime, a platform used primarily for institutional investors. According to Arkham’s post […]
Recent data from Bitcoin Magazine Pro shows a significant trend among Bitcoin holders: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects a steadfast belief in Bitcoin’s long-term value, despite market fluctuations. Bitcoin Magazine Pro X The “HODL Waves” chart, a tool that visualizes the age […]
Proof of Complete Knowledge (PoCK) aims to prevent bribery attacks by ensuring real control over voting keys.
A guaranteed income program on the West Coast is preparing to hand out millions of dollars to support at-risk youth. Los Angeles County’s guaranteed income program Breathe is expanding, set to hand out around $18 million with no strings attached to people transitioning out of the foster care system. The program is gearing up to […]
TL;DR Donald Trump reveals his cryptocurrency investments valued at $3.6 million and $7 million in NFT earnings, according to his financial disclosure. The mogul holds $1.29 million in Ethereum and $989,000 in Wrapped Ethereum, and has obtained substantial income through a deal with NFT INT, LLC. Trump seeks to attract support from the crypto community […]
TL;DR Brian Armstrong, CEO of Coinbase, supports Bitcoin as a solution to inflation, despite market turbulence and internal issues at the exchange. Brian claims that inflation is caused by excessive government spending and views BTC as a “check and balance” against currency devaluation. Coinbase plans to launch a cryptocurrency index fund, the “Coinbase 500,” to […]
BlockDAG’s 100K Wallet Milestone– The Hottest Crypto Investment as Render & Shiba Rise As the crypto seas churn with volatility, two bright beacons—Render’s (RNDR) optimistic price forecast and Shiba Inu’s (SHIB) strategic upgrade—shine through, promising bullish trends. Amid these stormy markets, investors are casting their nets wider, seeking new opportunities. Enter BlockDAG, a layer-1 innovation […]
Pepe Unchained, the latest meme coin to trend on social media, has raised over $9 million in its ICO. Investors are scrambling to get on board early – and one analyst is even expecting the Pepe Unchained (PEPU) token to explode when it launches later this year. Pepe Unchained Plans Lightning-Fast Layer-2 Blockchain for Meme […]