TL;DR On September 25, 2024, EOS will carry out a hard fork to improve its governance, scalability, and security. The update seeks to decentralize power in the network and optimize its infrastructure, making the blockchain faster and more efficient. Temporary disruptions and market volatility are expected, but if the hard fork is successful, it could […]
MicroStrategy, the world’s largest corporate holder of Bitcoin, has purchased an additional $458.2 million worth of BTC. The business intelligence and “Bitcoin development” firm acquired 7,420 BTC at an average price of approximately $61,750, according to Michael Saylor, the company’s co-founder and executive chairman. Saylor also notes that MicroStrategy has achieved a Bitcoin yield of […]
The past ten days or so went quite positively for bitcoin as the asset added almost ten grand within this timeframe, mostly fueled by the US Federal Reserve’s decision to reduce the key interest rates. However, certain social metrics suggest that the cryptocurrency’s run could be over, at least in the short term. FOMO to […]
A woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a hitman to kill an Alabama resident. She paid nearly $10,000 in cryptocurrency and tried to make the murder look like an accident. Authorities discovered incriminating […]
Business intelligence firm has now purchased nearly $10 billion in its Bitcoin buys
Powerledger’s co-founder John Bulich believes the expansion emphasizes “that sustainability is a common goal that transcends ecosystems.”
Bitcoin could be on the cusp of a rally, as the coin’s price approaches its three-month average buy price from short-term holders. According to CryptoQuant, this level is a reliable trend indicator – where failure to break through the average buy price often results in downward movement. With the Feds cutting interest rates and sell […]
Sporting giants Puma have made a splash in the crypto sphere, teaming up with soccer-based GameFi title UNKJD. The collaboration is set to bring new skins, characters and special abilities to the gaming experience. The UNKJD team hope onboarding a brand as globally recognisable as Puma will help adoption among casual gamers. UNKJD combines elements […]
A recent analysis from a CryptoQuant analyst, known by the pseudonym ‘Avocado Onchain,’ has highlighted a notable development in the Bitcoin market. According to the analyst’s observations, the Coinbase Premium, which tracks the price difference between Bitcoin on Coinbase and Binance, has turned negative. This indicates that the price of Bitcoin is lower on Coinbase […]
In recent weeks, new player FXGuys ($FXG) has been buzzing the crypto market with its innovative PropFi features and potential for 1000x returns. While seasonal tokens like Pepe (PEPE) have left investors struggling with losses, and Ripple (XRP) is making major collaborations, $FXG is standing out as a better choice. Let’s see why! FXGuys Soars: […]
Cathie Wood, the maverick head of Ark Invest and outspoken Bitcoin advocate, definitely believes the cryptocurrency has a long way to go. Wood is …
The US Treasury Department says it expects to pay a whopping $1.157762 trillion in interest on the national debt for the fiscal year 2024. The interest represents the cost of borrowing money, which the government does by issuing Treasury bonds, bills and other securities. Interest payments have already totaled $1.05 trillion as of August, and […]
New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has […]
President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.
TL;DR Franklin Templeton to launch native mutual fund on Solana blockchain The firm built its own infrastructure for asset management on blockchain. Solana experiences a significant increase in price following the announcement, reaching $150.64. In a move that merges traditional finance with innovative blockchain technology, Franklin Templeton, an asset manager with $1.5 trillion in assets […]
The closure of a Bitcoin mining facility in the Norwegian town of Hadsel has led to a 20% increase in electricity bills for residents. The mine was shut down after the municipality declined to renew its permit due to noise complaints. Kryptovault operated the mining facility for 20% of local power company Noranett’s revenue. With […]
Bitcoin’s price run after the Fed’s rate cut was halted at $64,000 and the asset was pushed down by around a grand. The altcoins are also in the red on a daily scale, with the biggest corrections coming from the likes of TON, AVAX, and NEAR from the larger caps. BTC Down to $63K Bitcoin […]
Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market outside of China has further solidified the region’s position as […]
Whales scoop up 380 million XRP in $228 million spree; Is major XRP price rally coming?
At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working alongside industry advocates on her crypto policies before the November elections. Kamala Harris “Distancing” From Warren And Gensler On Thursday, Anthony Scaramucci claimed to be “working alongside” Kamala Harris to develop her campaign’s crypto […]
Bank of America is preparing to hand $14 million to customers in a settlement over alleged hidden fees. The settlement will resolve allegations that the banking giant intentionally charged hidden fees on incoming wire transfers for both checking and savings account holders. Specifically, the bank is accused of purposefully levying and hiding $15 fees on […]
A widely followed cryptocurrency analyst and trader believes one Ethereum (ETH) competitor is forming a bullish reversal pattern. The analyst pseudonymously known as Rekt Capital tells his 499,100 followers on the social media platform X that Avalanche (AVAX) may have reached a market bottom after a retest of a key level around $21.57 on the […]
Bitcoin and Ethereum rose following a 50-basis point Fed rate cut, with ETH gaining 3.42%. Despite recovery, Ethereum’s annual low in early September marks ongoing volatility. Criticism and regulatory concerns persist, yet Ethereum retains major corporate backing and a significant role in stablecoins and DeFi. Bitwise’s Hougan says Ethereum is comparable to Microsoft, fundamentally robust […]
Dreaming of striking gold in the cryptocurrency world? Here's a look at four promising digital coins priced under $5 that could potentially make …
BlockDAG Drops a Bombshell: 300M Monthly Rewards for Miners With 20,000x ROI Forecast Lurking; Insights on Neiro Ethereum & Aptos The anticipation of a fresh crypto bull run is mounting, propelled by pivotal updates from BlockDAG, Neiro Ethereum, and Aptos. Amidst a buzzing market, Neiro Ethereum sees a notable 22.09% price surge, while Aptos navigates […]
Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.
In the wake of Mi Primer Bitcoin’s three-year anniversary, the El Salvador-based organization announced that it has promoted two of its staff members — Reyna Chicas and Quentin Ehrenmann — to leadership positions. Chicas, a native Salvadoran who has been with the organization for approximately two years, has quickly ascended through its ranks from teacher […]
Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400, confidence is high. Over 150,000 ETH Moved To Exchanges All the same, IntoTheBlock data on September 20 […]
One of the biggest names in late-night television has reportedly been booted from jury selection in an upcoming New York crypto trial. According to an ABC report, David Letterman, identified as “Juror 16” in the selection process, has been told that he will not be selected for a 12-person jury in an imminent crypto fraud […]
TL;DR PancakeSwap has reached a cumulative trading volume of $836 billion and a total value locked of approximately $1.72 billion. PancakeSwap’s v4 upgrade is designed to improve liquidity provision, interoperability, and scalability. The new version is expected to reduce gas fees and offer advanced trading tools. PancakeSwap, one of the most prominent decentralized exchanges in […]
The precious metal has had a highly impressive year, having surged by about 27% and tapping a new all-time high just on Friday. However, does this impressive YTD increase mean that it has done better than bitcoin, which is far from its ATH? Gold Dominates 2024 Perhaps driven by the overall macroeconomic situation, with a […]
The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning the exploitation of crypto users. XRP Scam Promoted on Supreme Court of India’s Youtube Channel […]