Bitcoin is not filling traders with hope as a stubborn BTC price range endures despite mass whale purchasing.
A new report says that the U.S. Securities and Exchange Commission (SEC) has reached a multi-billion dollar settlement with the crypto firm that played a major role in kicking off the FTX implosion. According to Reuters, the SEC has reached a $4.47 billion settlement with Terraform Labs after the stablecoin firm was found liable for […]
Leading US-based crypto exchange Coinbase has launched a new initiative aimed at introducing crypto as an alternative payment system for small businesses. In a statement, Coinbase says it is teaming up with the pizza-ordering platform Slice for a special sweepstakes that’s designed to put money back into the hands of small businesses. The initiative, which runs […]
Crypto community is strongly encouraged to remain alert
Donald Trump took to his Truth Social platform on Wednesday to share his thoughts on Bitcoin, saying that all the remaining Bitcoin should be “MADE IN THE USA!” Trump also reportedly met with Bitcoin mining company leaders recently, telling them he “loves and understands” crypto, and will advocate for the industry if elected president. Republican […]
Donald Trump, previously against cryptocurrencies, now supports them, even promising to be the “Crypto President”. Samson Mow of Pixelmatic views Trump’s policy shift on crypto as a pivotal moment that will influence global discussions. Media and analysts focus on Bitcoin’s potential, linking its strength to recent positive developments in digital currency markets. While presidential hopeful […]
Meme coins have seen spectacular growth this year reaching almost $60 billion amidst the broader market rally. But not everyone is a fan. Many experts and market players have weighed in on how meme coins have overshadowed more legitimate projects in the industry. Even as the industry remains unsure of the latest hype and the […]
Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significant price declines over the past two weeks, largely influenced by the market’s downtrend and the lack of bullish momentum. However, a notable breakout could be in the making for the protocol’s native token, LDO, despite negative financial metrics. Lido And Mellow Finance’s […]
TL;DR Terraform Labs and its former CEO, Do Kwon, have agreed to pay $4.5 billion to the U.S. Securities and Exchange Commission (SEC) as part of a civil fraud settlement. The case revolves around the collapse of TerraUSD and TerraLuna in 2022, accused of raising funds without proper registration, violating federal securities laws. Severe restrictions […]
TL;DR Curve Finance’s Resilience: Despite successfully thwarting a hacking attempt, Curve Finance’s native token, CRV, experienced a 20% drop in value, with further stress due to a $20 million hack of the UwU lending protocol. Michael Egorov’s Liquidation: The price decline of CRV triggered the liquidation of over 111 million CRV tokens held as collateral by Curve Finance founder Michael Egorov, […]
PayPal and Stripe leverage stablecoins and cryptocurrency for efficient cross-border payments. Clear crypto regulations are essential for US economic …
Lil Pump’s new Solana tattoo sparked mixed reactions from fans and the crypto community, with some criticizing and others celebrating the move.
President Biden’s re-election campaign is allegedly in talks to accept Bitcoin and crypto donations, according to reports. This move comes after rival Donald Trump opened up Bitcoin contributions for his campaign. JUST IN: 🇺🇸 Joe Biden's campaign is in talks to accept crypto donations through Coinbase Commerce, The Block reports. pic.twitter.com/lvS3dyasgq — Bitcoin Magazine (@BitcoinMagazine) […]
A widely followed crypto analyst says that one artificial intelligence (AI)-focused altcoin looks strong while updating his outlook on decentralized finance (DeFi) platform Injective (INJ) and memecoin Pepe (PEPE). In a new video update, crypto trader Jason Pizzino tells his 328,000 YouTube subscribers that even though graphics processing unit (GPU) rendering blockchain Render (RNDR) looks […]
CryptoQuant chief executive Ki Young Ju thinks the US Bitcoin (BTC) market is in the driver’s seat regarding the immediate future of crypto prices. Young Ju tells his 347,300 followers on the social media platform X that the US Bitcoin market “is more important than offshore global markets for the next leg up.” “Stablecoins are […]
A top crypto CEO is driving FOMO and a buying frenzy of the viral ETFSwap presale token among retail, big whales and smart money as he secretly buys a whopping $20 million worth of ETFS token to leverage a 5000x bullish forecast made by market experts earlier this week. The top crypto CEO who secretly […]
Tesla CEO Elon Musk has expressed concern that excessive government expansion leads to more regulators than participants, negatively impacting the system. Musk acknowledged the need for regulators but stressed they should not outnumber players. He reiterated that the government should act as a referee, setting sensible rules without hindering industry progress. Elon Musk Says Government […]
Pyth Price Feeds have been deployed on IOTA EVM, providing real-time data for smart contract developers
Dogecoin (DOGE) is again in the spotlight as the foremost meme coin could be ready for takeoff. This follows crypto analyst Kevin’s (formerly Yomi OG) analysis of Dogecoin, in which he highlighted an important indicator that has turned bullish for the crypto token. Dogecoin Indicator Turns Green For The First Since 2020 Kevin mentioned in […]
The new blockchain sandbox aims to bolster Geneva’s status as an emerging crypto hub.
The cryptocurrency market has been trending sideways for the past few days, following the considerable declines from earlier in the week. It appears that traders are now looking for a direction, and major cryptocurrencies trade around important levels. Let’s start with Bitcoin. Bitcoin Struggles at $67K Bitcoin’s price seems incapable of moving past the $67K […]
As mentioned, the broader cryptocurrency market has seen a resurgence, with Bitcoin experiencing significant price increases. Galaxy Digital, being …
The Federal Deposit Insurance Corporation (FDIC) says a former US bank employee has admitted to stealing thousands of dollars from customers’ accounts. The FDIC accuses Derrick Alan Smith of directly or indirectly violating laws and recklessly engaging in unsound and unsafe practices while working as a branch banker at the North Carolina-based lender Truist Bank. […]
The Chairman of the U.S. Securities and Exchange Commission (SEC) says that Ethereum (ETH)-based exchange-traded products (ETFs) should be approved by the regulatory agency by the end of the summer. Speaking at a recent US Senate hearing, SEC Chair Gary Gensler says that while the SEC partially approved Ethereum ETFs earlier this year, they won’t […]
TL;DR The Ethereum DeFi ecosystem is experiencing an increase in Uniswap V2 pools on Layer 2 solutions, enhancing scalability and reducing costs. Platforms like Arbitrum, Optimism, and Polygon are leading this advancement by offering efficient environments for decentralized exchanges and liquidity pools. The adoption of Layer 2 reflects Ethereum’s evolution in addressing scalability challenges, boosting […]
MicroStrategy, led by CEO Michael Saylor, announced it will raise $500 million through a private offering of convertible senior notes. The proceeds will fund additional purchases, furthering its corporate Bitcoin accumulation strategy. BREAKING: 🇺🇸 MICROSTRATEGY TO RAISE $500 MILLION IN STOCK SALE TO BUY MORE #BITCOIN pic.twitter.com/ALsb7znGEZ — Bitcoin Magazine (@BitcoinMagazine) June 13, 2024 MicroStrategy […]
BlockDAG Closes on $50M in a Monumental Presale; Overshadows Binance Coin & Hedera’s Achievements In the swiftly evolving cryptocurrency market, leaders like Binance Coin and Hedera are making significant advancements. Binance Coin recently achieved a new peak alongside Bitcoin’s rise, while Hedera has been strengthening its cybersecurity and development efforts. However, BlockDAG has seized the […]
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions offshore exceeding $10,000 to the Financial Crimes Enforcement Network (FinCEN). New Amendment Seeks to […]
Bitcoin ETFs saw $100 million worth of inflows on Wednesday
Venture capital firm Paradigm has reportedly raised $850 million for its third fund, supporting early-stage cryptocurrency initiatives led by Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital partner Matt Huang. Increased Venture Capital Interest In The Industry Paradigm’s previous investments include prominent projects like decentralized exchange (DEX) Uniswap and Optimism, a scaling solution for the Ethereum […]
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.
As the cryptocurrency market enters a new bull phase, investors are eagerly seeking out the most promising digital assets.