The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.

TL;DR BlackRock reaffirms that Bitcoin is an effective hedge against geopolitical uncertainty and monetary risks. BlackRock’s BTC ETF has been the most profitable since its launch in January 2024, significantly surpassing Grayscale. Despite the decline in demand and the drop in BTC price, interest in cryptocurrencies remains strong and is expected to continue growing. BlackRock […]

A recent report highlights the impending impact of the European Union’s Markets in Crypto Assets Regulation (MiCA) on cryptocurrency trading surveillance. Commissioned by Eventus, the report, “The Impact of MiCA on Crypto Market Surveillance: Insights and Challenges,” draws from interviews with senior executives at 68 firms involved in crypto trade, conducted by Acuiti. MiCA Compliance: […]

The U.S. Securities and Exchange Commission (SEC) sued Ethereum infrastructure provider Consensys on Wednesday for allegedly failing to register key services offered within its MetaMask software wallet. The SEC’s lawsuit comes two months after it issued a Wells notice to Consensys voicing the agency’s intent to sue regarding the popular Ethereum wallet, which its website […]

Can price of SHIB keep rising by end of week?

Dogwifhat (WIF) is experiencing increased bearish pressure after facing a significant rejection at the $2.13 resistance level. This rejection marks a pivotal moment, pushing the price downward and signaling potential continued losses for the cryptocurrency.  Market analysts and investors are closely watching this development, as the inability to break through the $2.13 barrier underscores prevailing […]

Top US exchange Coinbase is not going to facilitate the planned merger of multiple artificial intelligence altcoin projects into a single new crypto. In an announcement via the social media platform X, Coinbase says that customers will have to initiate the merger on their own. “Ocean (OCEAN) and Fetch.ai (FET) have announced a merger to […]

Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled.

Bitcoin cryptocurrency background. A bunch of golden bitcoin, Digital currency. Tevarak. Bitcoin (BTC-USD) bull Peter Thiel said Bitcoin is likely …

An exciting new Ether-based scalability project, MegaETH, secured a handsome US $20m in funding. This figure puts the team’s “fully-diluted token valuation” at over US $100m. Key investors in the seed round included Ether co-founder Vitalik Buterin, ConsenSys CEO Joseph Lubin and VCs like Dragonfly. MegaLabs intends for MegaETH to provide “real-time” transaction finality, the […]

The dynamic world of cryptocurrency is known for its rapid shifts and market volatility. Amidst this ever-changing landscape, Mpeppe (MPEPE) has emerged as a standout token with the potential to surpass its competitors, including Brett (BRETT). Predictions indicate that Mpeppe (MPEPE) could reach the $10 mark within the next three months. This article explores the […]

Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than they were yesterday.” Potential […]

Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform. This venture targets emerging asset classes and aims to expand the wallet’s services beyond traditional decentralized exchanges (DEXs). Bitget Wallet Eyes New Horizons According to the press release, Tomarket, developed by experts from Binance and Microsoft, […]

TL;DR Yield App, a cryptocurrency investment platform, ceases its operations due to significant losses linked to FTX through third-party fund managers. Despite ensuring the safety of deposited funds and having insurance, the platform admits considerable losses, initiating a liquidation process and legal actions against the involved fund managers. FTX is undergoing liquidation after declaring bankruptcy […]

TL;DR 21Shares has formally applied to the SEC to launch a Solana ETF, following a similar proposal by VanEck, marking a competitive start in the market. The proposed ETF aims to provide investors with access to SOL without directly acquiring the cryptocurrency, thereby expanding investment opportunities. Analysts closely monitor SEC approval of the ETF, considering […]

Legendary trader John Bollinger believes that the Bitcoin price will keep consolidating

In an analysis provided by CryptoQuant, a significant change in Bitcoin miner behavior has been noted, potentially indicating a turning point. CryptoQuant analyst, known as Crypto Dan, outlined a reduction in miners’ selling pressure, which has historically been a pivotal factor affecting Bitcoin’s price trajectory. Bitcoin Mining Selling Pressure Decreases According to Crypto Dan, “Miners’ […]

A long-dormant crypto whale has woken up after years of slumber to move millions of dollars worth of Bitcoin (BTC) to Binance, the world’s largest crypto exchange platform by volume. New data from market intelligence firm Lookonchain reveals a crypto mining wallet that has been asleep for 14 years has abruptly woken up and deposited […]

Bitcoin’s price actions drove the asset to over $62,000 yesterday, but it failed to maintain its run and has retraced to under that level as of now. Several altcoins have outperformed substantially the largest digital asset, including DOT, AVAX, and SOL. BTC Stopped at $62K It hasn’t been a good week for the primary cryptocurrency […]

The change in regulatory stance marks the end of a ban on crypto use in the country in place since 2014.

Security researchers have shed more light on the cryptocurrency mining operation conducted by the 8220 Gang by exploiting known security flaws in …

Bitcoin shows modest recovery, while memecoins like BOME and Bonk experience significant gains linked to Solana ETF news. Book of Meme (BOME) surges 17% as Solana attracts interest for its ease of creating and deploying new memecoins. Akash Network emerges as the top non-memecoin gainer, rising 19%, likely boosted by rising interest in AI-related projects. […]

The direct integration of cryptocurrency into social media platforms is set to revolutionise global finance, offering unprecedented access to financial services. With substantial user bases and advanced anti-fraud measures, these platforms can democratise financial offerings, especially in developing countries.  As social media becomes increasingly integral to daily life, successful models like TikTok and WeChat highlight […]

Amid the ongoing crypto market recovery that has seen altcoins retest crucial support zones, analysts have projected 20x rallies for Angry Pepe Fork (APORK). Using its conquer-to-earn model, Angry Pepe Fork is building a vibrant community that allows users to earn while the project is on presale. As one of the top DEX exchanges, Uniswap’s […]

Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024. According to the latest Bitget research study, these losses are expected to continue rising if no regulatory intervention is introduced to curb this type of fraud. Educating users and implementing comprehensive legal and cybersecurity frameworks globally are […]

Today (Thursday), Coinbase filed lawsuits against the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). According to a report from FoxBusiness, the lawsuits claim that both agencies failed to fulfill Freedom of Information Act (FOIA) requests submitted to the U.S. District Court for the District of Columbia. Alleging Regulatory Opacity […]

Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish developments, but the analyst highlighted what could send the market into a downtrend again.   Why The […]

A year after three of the largest bank failures in US history, the Federal Reserve says America’s banking giants have enough capital to survive a “highly stressful scenario.” In its yearly stress test, the Fed says 31 of the nation’s largest banks survived a simulation slamming the lenders with about $685 billion in credit card, […]

The largest dogwifhat (WIF) holder is adding more to his holdings while other memecoin whales are selling off, according to on-chain data. Blockchain tracking firm Lookonchain reports that the top dogwifhat holder has more than 23 million WIF after suddenly buying 2.3 million additional tokens. “The largest holder of WIF spent 4.65 million USDC to […]

Shiba Inu receives crucial bullish signal for July from SHIB price history

Exchange coins operate independently on blockchains, whereas exchange tokens represent assets or utilities within specific projects on existing blockchains.

Logan Paul has filed a defamation lawsuit against YouTuber Stephen Findeisen, known as Coffeezilla, over a series of videos released in 2022 about the former’s failed CryptoZoo NFT project. The suit alleges that Findeisen “maliciously and repeatedly” made false statements accusing Paul of organizing a scam through CryptoZoo. “Defamatory Falsehoods” The court documents state, “Paul […]