After a quiet weekend, bitcoin’s price headed south violently in the past 12 hours or so and dumped to a monthly low of $64,000 amid the growing outflows from the spot ETFs. Over $100 billion evaporated from the crypto markets at one point, as most alts dumped hard as well. BTC Goes Low Bitcoin tried […]

The Australian Securities and Investments Commission (ASIC) has filed an appeal against a federal court ruling that absolved cryptocurrency provider Block Earner of paying a penalty for offering unlicensed financial services related to its digital assets product. ASIC Appeals Court Decision Relieving Block Earner of Penalty in Crypto Case The Australian regulator announced on Tuesday […]

The memecoin whale made an over 1,428% return on their initial investment in the TRUMP token.

Meme coins such as Floki Inu and BONK are seeing substantial volatility. Floki Inu’s price rise has encountered rough seas, while BONK’s recent price drop signals a possible bounce-back chance. BlockDAG emerges as the frontrunner among utility tokens gaining $51.1 million in presale. With an extraordinary 1120% ROI and aiming for 30,000x, BlockDAG is drawing […]

“`html. Summary. In the fast-paced world of cryptocurrency, Pepe Coin (PEPE), Shiba Inu (SHIB), and Retik Finance (RETIK) are identified as …

TON has experienced a dramatic price shift, falling below $7.7 three days after reaching an all-time high of $8.2. This sudden decline has caught the attention of investors and market analysts, raising concerns and sparking discussions about the potential implications of this sharp reversal.  It also follows a period of intense volatility and highlights the unpredictable […]

A trader known for making contrarian crypto calls believes that two decentralized finance (DeFi) altcoins are primed to print massive gains. Pseudonymous analyst Credible tells his 398,100 followers on the social media platform X that he’s bullish on both Curve (CRV) and Convex Finance (CVX). Curve Finance is a stablecoin-focused decentralized exchange and Convex supports […]

Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation of Bitcoin as a means of exchange, even with the […]

Can buyers seize initiative and return rate of SHIB to previous levels?

Ethereum ETFs expected to launch in early July, following regulatory approvals. Leaders from Ripple and Tether endorse expanding ETFs to include altcoins like XRP, Solana, and Cardano. Wall Street’s appetite for crypto grows, driven by a pursuit of risk and potential returns, but sustainability concerns loom. D-day for Ethereum exchange-traded funds (ETFs) to start trading […]

The crypto industry’s political action committee (PAC) now has over US$160 million in funds at its disposal. The crypto PAC, known as Fairshake, may use these funds to target key senate races that could flip control to the Republicans, in pursuit of crypto-friendly regulation. Biden officials are expected to attend a Bitcoin and blockchain roundtable […]

Trading 212, a popular brand offering cash equities and contracts for differences (CFDs), has secured a crypto asset service provider (CASP) license from the regulator in Cyprus. A License to Offer Crypto in Europe According to the registry of the Cyprus Securities and Exchange Commission (CySEC), the CASP license was awarded to a local entity […]

SOL price weakness can explained by Solana Network’s activity and lack of appetite from derivatives traders.

TL;DR Bitcoin Runes racks up over 2,500 BTC in transaction fees in less than two months. The Bitcoin Runes initiative has significantly increased transaction fees on the Bitcoin network, benefiting miners after the 2024 halving. Runes-related transactions represent a prominent proportion of the total transactions on the Bitcoin network. Bitcoin Runes, a new protocol for […]

TL;DR Meme coins faced substantial losses in the past 24 hours resonating with a decline of the entire cryptocurrency market. MOTHER and DADDY, endorsed by Iggy Azalea and Andrew Tate respectively, were among the poorest performers. Flashing Red The cryptocurrency market retraced substantially in the past 24 hours, with Bitcoin (BTC) plunging well below $65,000 […]

The firm behind the largest stablecoin by market cap is launching a new digital asset backed by real gold. USDT issuer Tether is announcing a new digital asset backed by over-collateralized Tether Gold (XAUT) called aUSDT. According to the press release, aUSDT is the first product from a new line-up of offerings called Alloy by […]

The co-founder of Binance is asking billionaire Elon Musk, who owns the social media platform X, to address the crypto scams proliferating over the website after her followers fell victim to a wallet drainer. In a new thread, Yi He tells her followers that a scammer is posing as her on X to trick people […]

The cryptocurrency sector has witnessed a surge in activity driven by institutional Bitcoin (BTC) whales who are making substantial shifts in their investments, moving away from established altcoins to upcoming projects. Recent data reveals that prominent figures in the crypto industry are divesting from Solana (SOL) and investing in the newly emerged Algotech (ALGT) platform. […]

A recent bill passed by the House of Representatives claims to regulate the cryptocurrency industry and protect consumers.

SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s price has encountered resistance levels that pose challenges to its bullish trajectory. Investors and analysts are closely watching these developments, trying to gauge what […]

Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withholding agents. Foreign citizens operating such platforms must register under Tanzania’s Simplified Tax Regime. The government […]

From Ripple’s legal battle to latest crypto market turmoil, XRP is facing crucial challenges in upcoming days

The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.

CoinShares International Limited, a leading digital asset investment company, has announced the rebranding of its long-standing crypto ETP brand, XBT Provider, to “CoinShares XBT Provider.” This move aligns with the company’s group strategy and sets the stage for expansion in the second half of 2024. CoinShares Doubles Down on Nordic Market with XBT Provider Rebrand […]

Altcoins have taken another leg down to start the week while most digital assets continue a multi-month downtrend. At time of writing, the total market cap of all crypto assets (TOTAL) is valued at $2.32 trillion, down from $2.39 trillion earlier in the day – a $70 billion haircut. According to crypto data aggregator Coinglass, […]

US regulator the SEC has rejected XRP token founder Ripple’s request for a reduced civil penalty, arguing that the “wealthy” company needed a stronger deterrent.  The agency rebuked Ripple’s claims that a US$10m penalty was appropriate in line with the SEC’s recent settlement in its fraud case against Do Kwon’s Terraform Labs, saying the details […]

TL;DR Polkadot’s DOT is down 4% weekly, trading around $6.20, but a potential resurgence might be on the horizon. Some analysts see the asset in an accumulation phase, with a bullish outlook if it holds above a certain resistance level. Rebound or Further Decline for DOT? Polkadot’s native token has not been as severely affected […]

TL;DR Pyth Network has launched its Solana Extraction Oracle, improving the reliability and frequency of financial data. The new system replaces Push Oracle, offering updates only when requested. Important DeFi platforms on Solana have already migrated to the new Oracle. Pyth Network has taken a significant step in improving decentralized financial infrastructure on Solana with […]

TL;DR Bitcoin and other major currencies experience significant drops in value. The global capitalization of the crypto market decreases by 2.89% in the last day. Ethereum, Solana and Binance Coin show negative variations in their recent prices. In a volatile move for cryptocurrency markets, Bitcoin (BTC) has recorded a 1.20% decline over the last 24 […]

U.S. presidential candidates Donald Trump and Joe Biden continue to show that crypto is a notable election issue. Terraform Labs agreed to a $4.5 …

Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. This suggests Shiba Inu might be receiving increased attention from traders, a scenario that may result in […]

According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.