JP Morgan’s blockchain and tokenisation network has been chosen by asset manager Fidelity International to tokenise a money market fund. A Fidelity spokesperson said tokenisation of the fund would improve efficiency and reduce costs and risk. Asset management firm Fidelity International has tokenised one of its money market funds using JP Morgan’s private, Ethereum-based blockchain […]

Anthony Pompliano states Wall Street is expanding into altcoins due to their love for risk and potential high returns. Wall Street’s preference for high-risk investments is evident in the popularity of zero-day options, which account for over half of all options trading. Despite regulatory warnings, major institutions like Franklin Templeton are moving to give Wall […]

OKX has experienced significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, surpassing the outflows of other prominent cryptocurrency exchanges. The surge in withdrawals comes from multiple security controversies that may have undermined user confidence. OKX’s Design Flaw On June 9, two OKX users lost a […]

Today, Donald Trump met with Bitcoin Magazine’s CEO David Bailey and several prominent U.S. Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage. Today was a historic moment in our journey towards hyperbitcoinization. The former and next President of the United States gathered America’s […]

In his latest blog post titled “Why I’m Still Betting on Bitcoin,” financial expert and seasoned investor Bill Miller IV, CFA, CMT, Chairman and CIO of Miller Value Partners, reiterated his bullish stance on Bitcoin. According to Miller, who is the Chairman, CIO of Miller Value Partners and son of legendary investor Bill Miller III, […]

BitMEX founder Arthur Hayes has been spotted on-chain locking up one of his altcoin stacks for nearly three months. First reported by blockchain tracking firm Lookonchain, Hayes locked $8.4 million worth of PENDLE tokens till September 5 of this year. “Arthur Hayes locked 1.65M PENDLE ($8.4M) until Sept 5 again…” Source: Lookonchain/X Pendle, initially built […]

The hacker who attacked the decentralized cross-chain protocol Orbit Bridge in December is beginning to move the stolen crypto. The digital asset de-anonymizing platform Arkham notes that the hacker moved 8,671 Ethereum (ETH) worth $32 million to a new address and is in the process of depositing the crypto stack into Tornado Cash, a controversial […]

The decentralized autonomous organization claimed Shkreli’s livestream of a one-of-a-kind Wu-Tang Clan album owned by the DAO caused undue damage.

TL;DR The volume growth of euro-backed stablecoins raises concerns about centralization and government control in the cryptocurrency market. Despite the growing demand for euro-linked stablecoins, their issuance by government entities contradicts the principles of decentralization and financial freedom. The proposed regulations could strengthen the position of government-issued stablecoins, potentially limiting competition and diversity in the […]

Here’s How BlockDAG Tops CoinSniper Post Keynote 2 Launch, Will Optimism and Arbitrum Crypto Investors Join?  As cryptocurrencies carve out their legacies in the digital age, BlockDAG and Optimism are at the forefront of this transformative wave. While Optimism struggles to maintain momentum, consistently grappling with resistance at the $3 mark, BlockDAG is on the […]

Unfortunately, Bitcoin didn’t provide the rest of the market with enough conviction for a bull run

Blockchain technology firm Ripple has completed the acquisition of the New York-based Standard Custody and Trust Company and appointed the firm’s CEO as Senior Vice President of Stablecoins. This acquisition has reportedly received all the necessary regulatory approvals, marking a milestone in the efforts to strengthen Ripple’s enterprise infrastructure. Entry into Stablecoin Market According to […]

Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing products and take Fuse to the market. Squads […]

How BlockDAG's Smart-Mining Innovations are Shaping the Cryptocurrency Landscape. London, UK, June 10, 2024 (GLOBE NEWSWIRE) — Cryptocurrency …

A widely followed crypto analyst is warning traders that Bitcoin (BTC) will likely fall further before rising again. Pseudonymous crypto trader Rekt Capital tells his 476,200 followers on the social media platform X that BTC’s technicals has confirms that the crypto king has already seen its local top. “It is confirmed Bitcoin’s recent advances to […]

A trader known for several accurate crypto market calls says that Bitcoin (BTC) remains in a bullish market trend. Pseudonymous analyst Dave the Wave tells his 146,500 followers on the social media platform X that as long as Bitcoin remains above an ascending diagonal level, the crypto king is still poised to print fresh all-time […]

Matter Labs, the creators of ZKsync, announced on Tuesday that a community airdrop for their new ZK tokens will start next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to about 695,232 eligible wallets. ZK Airdrop Coming Next Week In the release, […]

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term […]

Attendees of the 2024 Oslo Freedom Forum were united in addressing the threat that central bank digital currencies (CBDCs) pose to freedom around the globe.

US CPI weighs over the market: Despite signals hinting towards lower-than-expected CPI data, the crypto market has been hit with $56 billion removed in the last 24 hours. Total Crypto Market Cap: $56 Billion has been wiped off the crypto market in the last 24hrs. Senator rate cut request: Senator Elizabeth Warren and colleagues urge […]

Samson Mow forecasts Bitcoin’s explosive rise to $10 million amid current market conditions

The venture capital and incubation arm of the world’s largest crypto exchange is advancing artificial intelligence (AI) technology-focused integration with blockchain in its latest investment. In a new announcement, Binance Labs says it has invested in Zircuit, a new Layer-2 (L2) network with AI-enabled “sequencer level” security. According to the announcement, Zircuit’s L2 combines rollup […]

A widely followed crypto strategist says that a deep drawdown may be in sight for a scorching-hot memecoin. Analyst Michaël van de Poppe tells his 720,500 followers on the social media platform X that Floki (FLOKI) may see a severe correction after rallying by more than 13x in just a few months. “It’s up 1,200% […]

TL;DR Innovative Launch: Celestia has introduced Blobstream, a data availability solution on Ethereum mainnet, enabling high throughput for Ethereum L2s with strong crypto-economic security, fostering a more scalable and developer-friendly ecosystem. Technological Advancement: Blobstream X, a zero-knowledge implementation, streamlines the verification process, reducing validator workload and enhancing the efficiency of data root commitments for Ethereum […]

Crypto investors are red hot for Artificial Intelligence-related tokens these days due to their unprecedented growth. In mid-February, AI crypto tokens had a market cap of just under $10 billion. Now, they’re worth over $35 billion, according to Forbes. This makes tokens like THETA, Aptos (APT), and Raboo an ideal investment opportunity for savvy investors.  […]

AST Mining exclusively accepts payments in cryptocurrency, supporting popular digital currencies such as BTC, ETH, LTC, USDC, and USDT. However, …

On Tuesday, the price of bitcoin (BTC) fell to an intraday low of $66,696 per unit, marking a 3.3% decrease over the last 24 hours. This decline resulted in the liquidation of $170.25 million in long derivatives positions, with $50.87 million of this amount comprised of BTC long positions. Bitcoin Shudders Below $67,000 The global […]

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. attracted $1.8 billion in inflows last week, their 18th consecutive record day of demand. The surge comes as the successful Bitcoin ETFs continue maturing. Trading volumes across Bitcoin ETFs also rose 55% week-over-week to $12.8 billion. The past week’s haul was Bitcoin funds’ largest since mid-March when Bitcoin […]

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent, […]

The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.

[PRESS RELEASE – Singapore City, Singapore, June 11th, 2024] Web3 infrastructure provider SubQuery Network has announced the launch of two new RPCs for the Polkadot ecosystem. Available for Polkadot and Kusama, they are the first decentralized RPCs to be made available on the Substrate-based networks. SubQuery provides web3 infrastructure for almost 200 networks. The SubQuery […]

Entrepreneur and crypto trader Arthur Hayes believes that investors should simplify their 2024 trading strategies. In general, his philosophy involves holding onto crypto assets with strong fundamentals, while avoiding emotion-based trading during downtimes.  Hayes also touched upon crypto’s long-term relevance thanks to its status as a hedge against inflation. The crypto market is in full […]