In a recent Bloomberg interview, Michael Saylor, executive chairman and co-founder of MicroStrategy, revealed that beyond his company’s holdings, he personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion. Saylor emphasized his commitment to Bitcoin, stating, “I haven’t sold any bitcoin, I continue to acquire more bitcoin. It’s a great capital investment asset for […]

The $81 million Robinhood made in crypto revenue was more than double made from equities in Q2.

Nexera, a DeFi protocol, has been affected by a smart contract security breach that resulted in the theft of $1.5 million worth of NXRA tokens. Following the incident, the value of the protocol’s native token plummeted by over 40%. $1.5 Million Stolen and NXRA Token Plummets 43% The exploit was first reported on August 7 […]

HTX Ventures, the investment arm of the global crypto exchange HTX, has outlined its key investment directions for the first half of 2024. According to the company, the first half of 2024 has been a period of significant innovation and growth in the cryptocurrency market. The company made 23 investments in the first half of […]

Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world’s largest crypto asset manager says it’s launching the new products due to growing consumer demand for diversification. “Grayscale Bittensor Trust is solely invested in TAO, the token underpinning […]

Former President Donald Trump has reiterated that he doesn’t think the US government should be selling its seized crypto. The Republican nominee shared his thoughts on crypto during a livestream interview with the influencer Adin Ross on Monday. “It’s a very modern currency. It’s a very modern form. I know a lot of very good […]

Valour Inc. has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) and Sovfi Inc. to facilitate the issuance and trading of digital asset exchange-traded products in Africa. The NSE is hopeful the collaboration will result in better product offerings and a broader investor base. Passporting of Valour’s ETPs to the Nairobi Stock […]

Bitstamp will provide white-labelled cryptocurrency services for the Stripe digital payments platform in the EU.

Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. XLM price is gaining pace and might aim for $0.120. There was a steady increase in Stellar’s token price above $0.0950 against the US dollar. It is now trading above $0.100 and the 100 hourly simple moving average. There is a […]

TL;DR Nexera Protocol Hacked: A hacker exploited a vulnerability in Nexera’s system on August 7, stealing $1.8 million worth of NXRA tokens by manipulating a proxy contract. Market Impact: The value of NXRA tokens plummeted by 48% following the attack, with stolen tokens being converted to Ether and bridged to Binance Smart Chain. Ongoing Investigation: […]

The International Monetary Fund (IMF) yesterday released a statement on its mission to El Salvador in which it noted the risks associated with the nation’s investment in Bitcoin it warned of in 2021 have not yet materialised. The IMF also said it was close to reaching agreement on an assistance program with the Central American […]

That said, the ominous chart pattern could be a lagging indicator

Following a year of incubation, “Community Superapp” Fedi officially launched yesterday and has announced plans to open source its freedom technology stack. Introduced back in 2022, Fedi is a financial platform looking to empower individuals with financial access and resources by leveraging the power of local communities. Engineered with a privacy-first mindset, the release of […]

XRP’s price has surged 26% as the Ripple vs. SEC case appears to be nearing its final stages, with no signs suggesting that XRP will be classified as a security.

A widely followed crypto analyst believes that one digital asset sector is going to have a massive revival this market cycle. Pseudonymous crypto trader Kaleo tells his 643,400 followers on the social media platform X that a bullish resurgence is likely for non-fungible tokens (NFTs). “I’m one of the crazy people that still believe NFTs […]

August has proven to be an exceptionally eventful month for both equity and digital asset markets, marked by a significant market sell-off triggered by a “correlation-1” event. Bitcoin has been no exception, experiencing its largest drawdown of the current cycle, leading to capitulation among short-term holders. August has already been a exceptionally eventful month across […]

On Wednesday (yesterday), District Judge Analisa Torres of the Southern District of New York ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future violations of securities laws. This decision follows a finding that Ripple’s 1,278 institutional sale transactions breached securities regulations. Judge Reduces SEC Penalty The fine of $125.035 […]

Ripple has been fined $125 million in the lawsuit against the United States Securities and Exchange Commission. This is just a fraction of what the SEC had previously asked for in the case. The fine that Judge Analisa Torres settled on is far less than the $1 billion in disgorgement and prejudgment interest and $900 million […]

Jim Rickards, a U.S. economist and best-selling author of the book “Currency Wars,” has detailed the opportunity that gold presents during pronounced stock market drops. Rickards, who has predicted a tremendous rise in gold prices in the next two years, stated that strong hands expect gold to reach a bottom and jump in “with both […]

“We respect the Court's decision and have clarity to continue growing our company.” Garlinghouse said in July that the cryptocurrency industry was …

Solana has observed a sharp rally of 39% from the crash low. Here’s what the data says regarding whether this run can continue further or not. Solana Has Breached The $153 Mark After Recovery Continuation In Past Day A few days back, Solana crashed alongside the rest of the cryptocurrency market, dropping its price to […]

Some of the CMIC members in support of the letter include Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko and Matrixport.

A widely followed analyst believes Bitcoin (BTC) will spark a furious rally to regain all of its losses over the past week. Pseudonymous analyst The Crypto Dog tells his 806,500 followers on the social media platform X that he sees a swift Bitcoin recovery following its collapse from $70,000 to a six-month low of $49,000. […]

TL;DR Dramatic drop: In August, Bitcoin suffered its biggest setback due to a “correlation 1” event. Short-term capitulation: Bitcoin fell 32% from its all-time high, causing capitulation among short-term holders. Liquidity Cleanup: The liquidation in futures and the reduction in open interest reflect a significant cleanup in the market. In August, financial markets witnessed unprecedented […]

This growth suggests broader participation in Dogecoin network

Bitcoin addresses with a balance of over 0.1 BTC are nearing an all-time high, according to data from Bitcoin Magazine Pro. Currently, there are 4,580,424 such addresses, just shy of the record 4,586,540, and represents a month over month increase of 27,939 addresses. The recent drop in Bitcoin’s price from around $67,500 to $49,000 provided […]

Ethereum ETFs have been on the market for a few weeks now, following approval from the SEC earlier this year. BlackRock, the world’s largest asset manager, is expanding the flexibility of its spot Ethereum ETF by filing for options trading in conjunction with the stock exchange Nasdaq. Options traders give investors the ability to buy […]

Powering AI with Podwide by Power Meta. Power Meta Corp, a Web3 technology conglomerate located in Irvine, California, is making AI development accessible to all. Our mission is to build a robust, accessible, and decentralized AI infrastructure by offering grid compute solutions and decentralized data storage. We believe in a future where everyone has the […]

On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen an […]

Cryptocurrency price on August 7 quick take: The global market cap dipped to $2.30 trillion.

Ethereum (ETH) investors are increasingly turning their attention to Mpeppe (MPEPE), a new entrant in the meme coin arena. This shift is driven by several compelling factors that highlight why securing a position in Mpeppe (MPEPE) could be a strategic move for those already invested in Ethereum (ETH). Here’s a closer look at the key […]

The venture capitalist branch of the world’s largest crypto exchange platform by volume is announcing a new investment into a Solana (SOL) staking protocol. In a new blog post, Binance Labs says it’s investing an unspecified amount into Solayer, a Solana-based staking network that has gathered over $150 million in Total Value Locked (TVL) and […]