The top meme asset Dogecoin (DOGE) could be “gearing up for a bullish breakout,” according to a popular crypto trader. The analyst Ali Martinez tells his 71,100 followers on the social media platform X that they should watch for two “key signals” indicating a possible DOGE breakout. Martinez says traders should monitor to see if […]

US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its new Quarterly Banking Profile report, the FDIC says US banks reported $21.3 billion in net charge-offs in the second quarter of the year, due […]

The meme coin market might have a new star. Pepe Unchained (PEPU) is shaking things up with developer grants, an enormous presale raise, and whispers of big exchange listings. All before the project has even officially launched. Pepe Unchained – The Meme Coin with Layer-2 Utility Pepe Unchained is generating tremendous traction – and not […]

Donald Trump Jr. jokes following Barron Trump's absence from cryptocurrency event; 'I'm like the old boomer now'. Barron Trump was scheduled to …

Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States.

TL;DR Rapid Growth: Aerodrome Finance (AERO) debuted in August 2023 and quickly achieved a valuation exceeding $400 million, positioning itself as a significant asset on the Base network. Strategic Design: AERO’s phased emission schedule and vote-locked rewards system aim to establish it as a key player in the DeFi space over the coming years. Price […]

Proof of Workforce, joined by Santa Monica Vice Mayor Lana Negrete, will showcase the Santa Monica Bitcoin Office at the upcoming California Municipal Revenue and Tax Association (CMRTA) Annual Conference on October 9-10. They will present a case study on the innovative municipal office, the first of its kind in the U.S. Launched in July […]

XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms. Key data from Santiment reveals that whales are actively accumulating XRP, having purchased over $228 million in the past few days.  This aggressive accumulation suggests a growing confidence among large holders as the market […]

The Federal Reserve cut interest rates by 50 basis points, more than the anticipated 25 points. Fed Chair Jerome Powell expressed caution, stating they haven’t declared “mission accomplished” but are encouraged by progress. Global rate decisions vary, with the ECB cutting rates and the Bank of England holding steady; Japan’s next rate decision is highly […]

Bitcoin rose to highs of $63,526 in today’s trading session

Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) amid a recovery that has seen the flagship crypto asset appreciate by around 10% over the last two weeks. In a new strategy session, Svenson tells his 79,300 YouTube subscribers that “things could get really really bullish” for Bitcoin as the Federal Reserve’s rate-cutting […]

Korea’s leading crypto exchange, Upbit, has officially listed the meme token Cat in a Dogs World (MEW) on September 19. Built on the Solana network, $MEW is now available for trading in both BTC and USDT pairs. Deposits and withdrawals for the token will be enabled three hours after the announcement, offering traders immediate access […]

According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this transaction, explained that he received the payment in less than 10 minutes, bypassing the need for intermediaries in these deals. Salvadoran Coffee […]

A legal battle between Consensys and the US Securities and Exchange Commission (SEC) took a new turn after a Texas federal court dismissed Consensys’ lawsuit against the regulator. The dismissal was based on the court’s decision that the important issue in the matter, an SEC investigation into Ethereum, had already been resolved, rendering the lawsuit […]

As cryptocurrency adoption continues to grow, Cerritos residents should be aware of California's evolving regulatory landscape for digital assets.

Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say. 

A Texas federal judge has dismissed a lawsuit filed by blockchain development company Consensys against the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, along with other commissioners. The lawsuit revolved around the SEC’s investigations into Ethereum (ETH) and its issuance of a Wells Notice regarding MetaMask, a cryptocurrency wallet developed by […]

MicroStrategy CEO Michael Saylor announced on September 20 that it has purchased an additional 7,420 bitcoins for approximately $489 million. The company now holds over 252,000 Bitcoin, acquired for $9.9 billion. Since 2020, MicroStrategy has adopted a Bitcoin-focused corporate strategy, taking advantage of Bitcoin’s potential as an inflation hedge and store of value. The company […]

Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase […]

Former US President and current Republican nominee Donald Trump just used Bitcoin (BTC) to buy burgers for his supporters. On Wednesday, Trump visited a crypto-themed bar called PubKey in Manhattan, New York City to convene with with members of the digital asset industry ahead of his run for president in November. A video shared by […]

Several major banks might be able to start offering Bitcoin custody services, according to MicroStrategy co-founder Michael Saylor

Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.

Terraform Labs, the company behind the catastrophic 2022 collapse of TerraUSD and Luna, has finally settled with the SEC as bankruptcy proceedings come to a close. The business, headed by Do Kwon, agreed to a suspended US $4.47 billion fine. The fine is only to be paid back after eligible customers are refunded for losses […]

Solana Mobile unveiled its next Web3 Phone, the successor to the Solana Saga, its first product. The phone, referred to previously as “Chapter 2,” is now called the Seeker, and has been confirmed to feature a 6.36” display, with 128GB of storage and 8GB of RAM, “a longer battery” and two cameras. The phone will […]

In the first half of this year, Victor Gherbovet, who previously collaborated with the FX/CFD broker Admirals for over a decade, decided to launch his own software-as-a-service (SaaS) technology company, FirstByt. Now, as Finance Magnates exclusively learned, the company is introducing a white-label solution for firms looking to launch their own decentralized cryptocurrency exchange (DEX) […]

… morning was purportedly hacked. The channel began streaming videos promoting US-based cryptocurrency company Ripple, according to media reports.

In 2024, Ondo Finance emerged as the leading Real World Assets (RWA) protocol among US crypto investors, according to data from CoinGecko. The protocol captured nearly half of all RWA interest in the US, highlighting its significant influence in this growing sector. The US accounted for 14.8% of the global interest in RWAs, solidifying its […]

A widely followed cryptocurrency analyst and trader is leaning bullish on a Solana (SOL) competitor while offering his forecast on Bitcoin and the layer-1 blockchain Saga (SAGA). The analyst pseudonymously known as Bluntz tells his 275,300 followers on the social media platform X that Solana rival Sui (SUI) is set to rip after breaking out […]

A widely followed crypto analyst is updating his outlook on Ethereum (ETH) and other digital assets after the Fed cut rates this week. Crypto trader Michaël van de Poppe tells his 725,400 followers on the social media platform X that the Fed’s 50 basis point cut on Wednesday may be a bullish catalyst for crypto. […]

[PRESS RELEASE – Amsterdam, Netherlands, September 20th, 2024] Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025. Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January […]

As the U.S. presidential election approaches, it’s worth examining how past elections have influenced Bitcoin’s price. Historically, the U.S. stock market has shown notable trends around election periods. Given Bitcoin’s correlation with equities and, most notably, the S&P 500, these trends could offer insights into what might happen next. S&P 500 Correlation Bitcoin and the […]

Large investors seem to be upping their ante; at least, that’s the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice. On the inside, however, is key on-chain data that suggests Bitcoin whale accumulation and the reactivation of dormant wallets may be signs for a super […]