TL;DR New ETFs Collaboration: State Street Global Advisors and Galaxy Digital are launching ETFs to offer investors exposure to digital assets, aiming to provide alternatives to traditional Bitcoin ETFs. Digital Asset Ecosystem ETF: The SPDR Galaxy Digital Asset Ecosystem ETF will invest in a variety of digital asset companies, including exchanges, miners, wallet services, and […]

According to blockchain analytics platform Lookonchain, a Bitcoin wallet that had been inactive for 14 years has reemerged. The entity deposited 50 BTC worth around $3.05M to Binance. Early Bitcoin Miner Wallet Moves 50 BTC The dormant wallet, belonging to an early Bitcoin miner, sprang to life on Thursday, moving its entire balance of 50 […]

The European Union is set to become the world’s first significant jurisdiction with a tailored, comprehensive crypto law through its Markets in Crypto Assets regulation (MiCA), which will take effect in 2024. This legislation promises to provide legal certainty and introduce compliance checks to enhance its consumer protection efforts. Compliance-Related Updates and the Key Provisions […]

Despite a recent uplift in Bitcoin market price, which saw the crypto momentarily breach the $62,000 mark, the widespread consensus among crypto analysts suggests that this increase is temporary and that the bearish pressure is far from over. Particularly, prominent crypto analyst Willy Woo voiced earlier that the minor surge was primarily a “technical” response […]

The nonprofit suing OpenAI produces the Mother Jones and Reveal news websites.

Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broader plan to expand into other commodities, the Solana-based project aims to introduce efficiency and transparency to the investment process in this […]

Market clearly at crossroads and has to gain some serious momentum right away

Bitcoin’s secondary layers are often overlooked despite their undoubted potential to enhance Bitcoin’s potential for even more advanced functionality. Much of the focus is directed at the Lightning Network and its ability to handle microtransactions at high speeds. However, the secondary layers (or layer 2) can effectively handle smart contracts, leverage cryptographic techniques for advanced […]

Real Vision analyst Jamie Coutts thinks high-quality altcoins could be primed for price surges as global liquidity ramps up. Coutts tells his 18,600 followers on the social media platform X that the market looks close to washed out, global liquidity is about to turn higher and the risk/reward picture looks “increasingly favorable” for high-quality altcoins. […]

Congressman Matt Gaetz (R-Fla.) is proposing a new law that will mandate the U.S. Secretary of the Treasury to implement a program that will enable federal income taxes to be paid using Bitcoin (BTC). In a statement, Gaetz says the legislation will modernize the US tax system. The lawmaker says allowing taxpayers to pay their government […]

Bitcoin is enduring a rough patch, down over 10% in the past month of trading. Aussie crypto podcast Tapping into Crypto jumped into the key reasons behind Bitcoin’s fall. The hosts, Ted Coaldrake and Tommy Honan believe that Mt. Gox’s pending repayments may have pre-empted investors jumping off the ship in fear of a wave […]

5 Trending Altcoins A-Listers: BlockDAG, BNB, SOL, APT, GRT—Who Will Dominate 2024 As 2024 unfolds, the crypto landscape is ripe with growth and innovation, opening doors to new investment horizons. Among the myriad of digital currencies, a select few shine brightly this year, each with distinctive traits and promising prospects. Leading the pack is BlockDAG […]

Cryptocurrency XRP's new triangle formation hints at potential bullish momentum, possibly mirroring the market scenario from 7 years ago.

The layer-2 ecosystem remains robust with protocols and EVM (Ethereum Virtual Machine) scaling platforms growing rapidly and becoming ubiquitous, contrary to some bearish claims, said Ethereum community member Ryan Berckmans in a post on X on June 26. His comments came in response to a post from Movement Labs founder Rushi Manche, who said, “EVM […]

The European Banking Authority (EBA) plans to finalize its monitoring framework for stablecoin issuers by the end of this month, Coindesk reported. This development aligns with MiCA’s broader regulations, which provide strict caps on transaction volumes and values. Specifically, stablecoins are prohibited from facilitating more than 1 million transactions or exceeding daily transaction values of […]

Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels. Ethereum slowly moved higher above the $3,420 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with […]

The rating agency will provide its perspective on risk mitigation in tokenized fixed income transactions.

A closely followed crypto analyst is warning that Bitcoin (BTC) could suffer a massive correction as it trades in the lower $60,000 range. In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that Bitcoin could return to the $50,000 range on the weekly chart amid a possible “summer lull.” Cowen […]

The largest US-based crypto exchange by trading volume is taking on two of the country’s top financial regulators in a new lawsuit. In a lawsuit filed in Washington D.C. today, Coinbase accuses the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) of attempting to “cripple” the crypto industry. “For years, […]

TL;DR US offers $5 million reward for information on Ruja Ignatova. Ignatova, known as the “Cryptoqueen”, is wanted for frauds related to OneCoin. He disappeared in 2017 and is suspected of defrauding investors of more than $4 billion. The US Department of State has announced a reward of up to $5 million for information leading […]

Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets when finally trading. Hougan estimates that these products will have net flows of $15 billion during their first 18 months of trading, taking into account the size of the ether ETP market in other regions […]

This might be Ethereum’s time to shine

If you haven’t been around too long, it’s hard to fully appreciate how quickly narratives can shift in this industry, especially when playing catch-up. Fads grow old, memes become tired. It’s fair to say that this year’s seasonal craze is currently feeling the pressure of Bitcoin’s fading momentum. While it could be easy to write […]

The recent frenzy of celebrity memecoins mirrors the celebrity NFT craze of the 2021 cycle, bringing with it big risks, and possibly signalling tough times ahead for the crypto market. Most celeb memecoins launched during the current craze are way down on their all-time highs. We’ve once again reached that ominous phase of the market […]

Jonathan Elwing resigned as senior pastor of Palm View First Baptist Church after his arrest. Author: wtsp.com. Published: 12:37 PM EDT June 27, …

Two executives of financial technology company Hydrogen Technology received a prison term for their role in inflating the firm’s cryptocurrency, HYDRO. In a statement, the U.S. Department of Justice (DOJ) says that Hydrogen Technology co-founder and CEO Michael Kane of Miami Beach, Florida and Head of Financial Engineering Shane Hampton of Philadelphia, Pennsylvania were sentenced […]

A closely followed crypto trader says that one memecoin that has seen massive gains during the last five months looks ready to surge even higher. In a new strategy session, crypto analyst Altcoin Sherpa tells his 217,600 followers on the social media platform X that meme assets are recovering nicely from the latest market crash. […]

At 2:00 PM UTC on June 26, $BLAST was officially listed on Upbit and Coinbase, creating significant buzz in the crypto market. Those who had staked $BLUR received an airdrop of $BLAST, but many participants have raised concerns about the fairness of the distribution ratio. Amid the excitement, prominent investor Machi Big Brother made headlines […]

CleanSpark (CLSK) – one of the largest publicly traded Bitcoin mining firms – announced on Thursday that it had acquired one of its smaller competitors, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts (MW) of additional power to CleanSpark to bolster its mining operations. Another 400 MW of power […]

Cryptocurrency theft escalated dramatically in the second quarter, with losses from hacks and scams soaring by 112% to a staggering $572 million, the latest data revealed. This sharp increase followed a period of decline, highlighting a troubling resurgence in malicious activities targeting the crypto community, especially centralized exchanges. Escalating Crypto Losses Immunefi, an on-chain crowdsourced […]

Quinn Thompson, Chief Investment Officer (CIO) at Lekker Capital, articulated a strong buy signal for cryptocurrencies amidst a landscape fraught with bearish sentiment. In a statement released through the social media platform X, Thompson described the present market conditions as “one of the most obvious and attractive crypto buying opportunities of recent memory.” Lekker Capital, […]

The partnership will bring USDC support to Stripe on Coinbase’s layer-2 network, Base, and several other integrations.