“I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated cryptoassets can facilitate unlawful behaviour, including drug trade and other illegal activity.” Thankfully, the official position of the Republican Party has changed dramatically since President Donald J Trump condemned […]
A crypto PAC used roughly $1.5 million to fund a media buy for Democrat Emily Randall, while her rival’s campaign manager criticized the move as having “sold out” the district.
TL;DR Senator Elizabeth Warren has criticized cryptocurrency mining operations in the United States, arguing that they represent a threat to national security and energy infrastructure. The senator claims that a significant portion of mining facilities is owned by Chinese nationals and that they could be used for espionage or to compromise the power grid. Support […]
TL;DR Tether has integrated USDT into the multi-chain wallet TokenPocket, expanding its use on the Telegram Open Network (TON) blockchain. The integration allows TokenPocket users to perform transactions with TON-based USDT, enhancing the stablecoin’s functionality within the Telegram ecosystem. TokenPocket provides users with diverse options for managing assets through stablecoins. Tether has announced a significant […]
After over a decade of waiting Mt. Gox repayments have begun for over 20,000 customers, stirring mixed emotions among Bitcoin enthusiasts. Some investors feared that the sudden influx of Bitcoin might trigger a selloff, leading to a drop in prices. However, initial observations suggest a different trend. CryptoQuant data suggested that over the last 48 […]
Well-known cryptocurrency critic and United States Senator Elizabeth Warren is waging war on digital asset miners, especially foreign-owned facilities, for their supposed risks to environmental and national security. During a recent Senate Committee on Banking, Housing, and Urban Affairs hearing, Warren questioned the Treasury Department’s assistant secretary for investment security, the Honorable Paul Rosen, about […]
The bankruptcy estate of the now-collapsed crypto lending platform BlockFi announced yesterday (Thursday) its plans to return “100 percent” of the distressed clients’ claims. However, it will calculate the value of the claims based on the date of the bankruptcy and not the current crypto market value. Recovery of Funds from FTX The return of […]
Central banks' investment in bitcoin would lend credibility to cryptocurrency, potentially elevating it to a status similar to gold in terms of being …
Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and […]
A prominent crypto firm is launching a new crypto hardware wallet with touchscreen capabilities. In a new announcement on the social media platform X, Ledger says that it is releasing a new product in its line of crypto wallets equipped with touchscreens. “Ledger Flex is here. Alongside Ledger Stax, Ledger Flex is the latest addition […]
One low-cap altcoin surged by more than 27% this week amid its newly announced involvement in a central bank digital currency (CBDC) project. Coti (COTI) is a privacy-focused layer-2 network built on Ethereum (ETH). The project’s native asset is trading at $0.118 at time of writing, up from $0.0929 one week ago. Coti announced on […]
A crypto expert has predicted how high the Bitcoin price can go during this cycle
The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele recently expanded the action of the Farmers’ Markets and slashed import […]
Casa, a leading provider of Bitcoin self-custody services, has announced an integration with YubiKeys, enabling users to secure their Bitcoin vaults with Yubikeys. YubiKeys are small physical devices that provide multi-factor authentication and securely store sensitive data like passwords and keys. By integrating support for YubiKeys, Casa members can now use the devices as one […]
Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.
UFC Champion Alex Pereira Joins Forces with BlockDAG, Presale Surges to $61M; Insights on Bitcoin Cash & Toncoin Prices As Bitcoin Cash (BCH) nears the significant $400 mark and Toncoin (TON) prepares for record highs, the crypto community is buzzing. Amid these exciting developments, UFC champion Alex Pereira has signed on as BlockDAG’s brand ambassador. […]
The Swiss Financial Market Supervisory Authority (FINMA) has today (Friday) released new guidance regarding the issuance of stablecoins. This document addresses default guarantees, associated risks, and FINMA’s approach to regulating stablecoins. It also highlights increased risks related to money laundering. Stablecoin Risks Highlighted In recent years, stablecoin projects have gained significance in Switzerland. These projects […]
PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced a new campaign in response to USDC …
CRV, the native token of Curve, a stablecoin decentralized exchange (DEX), is under immense selling pressure. After the hack of July 2023, CRV has never been the same again. However, the painful liquidations of Michael Erogov’s loans have worsened the situation for holders. Curve Founder Forced To Sell $677,000 Of CRV, Token Falling After the […]
TL;DR Ledger launches the new Flex model, an intermediate option in its line of hardware wallets, priced at $249 with advanced features, such as a 2.8-inch E Ink touchscreen. The Flex model includes USB C connectivity, Bluetooth 5.2, and NFC, and promises long battery life. It is available in two versions: black and silver, and […]
BlackRock, the world’s largest asset manager, sees limited interest in crypto beyond Bitcoin and Ethereum. Robert Mitchnick of BlackRock stated clients focus mainly on BTC, with lesser interest in ETH, and little beyond. Despite BlackRock’s cautious stance, other firms like Franklin Templeton and Hashdex explore further crypto ETFs. Hoping to see more crypto exchange-traded funds […]
Ethereum ETFs went live earlier this week, amassing close to US $1b in trading volume within the first day of trading. While the community anticipates Ethereum’s price to rise – like Bitcoin’s did following ETF approval – some in the industry aren’t so bullish. Swissblock believes that Ether ETFs will dilute the validator pool, as […]
Yet another regional government has disclosed an allocation to the newly launched Bitcoin ETFs, forging another step in Bitcoin’s growing adoption among not only institutions but also governments. In a Form-13F filed on Friday, the State of Michigan Retirement System revealed that it had $6.6 million allocated to Bitcoin ETF products as of June 30. […]
This is yet another indication of resurgence in venture capital investments in cryptocurrency
According to the blockchain-based prediction market Polymarket, there is an 84% likelihood that former President Donald Trump and current Vice President Kamala Harris will debate before the election. Trump has shown hesitation to debate Harris until her official nomination, citing significant confusion within the Democratic party. High Stakes: $142,846 Wager on Trump-Harris Debate Before Election […]
PARIS & NASHVILLE, Tennessee | Ledger, the world leader in Digital Asset security for consumers and enterprises, today launched for sale Ledger Flex, its second new product launch in 2024. Released during Ledger’s tenth anniversary, Ledger Flex and the previously released Ledger Stax mark the inception of a new generation of Ledger hardware, featuring secure […]
Marathon CEO Fred Thiel said he would not comment on Harris’ policies because they are still unknown at this time.
bitFlyer Holdings Inc, a cryptocurrency exchange in Japan, has announced it has completed the acquisition of 100% of FTX Japan’s outstanding shares, making it its wholly-owned subsidiary. This subsidiary will be rebranded under the bitFlyer name by August 26, 2024. Expanding with Acquisition This acquisition aligns with bitFlyer’s strategic goals on two main fronts. First, […]
Leading US cryptocurrency exchange Coinbase has appointed three new members to its board of directors, expanding the board from seven to ten members.
Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the AI token saw a positive price action, surging over 15% on the last day. Investors and market watchers expressed optimism about the rebranded token and consider it could hit $10 soon. From RNDR To RENDER Last […]
Dogecoin ($DOGE) has recently broken out of a wedge pattern, hinting at a potential 44% upside. Noted crypto analyst Ali Martinez has highlighted his unwavering confidence in DOGE, stating that he hasn’t sold any of his holdings and continues to accumulate more. It looks like #Dogecoin $DOGE broke out of a wedge, which suggests an […]
After a substantial price decline that drove it to a weekly low of under $64,000, bitcoin has recovered most losses and now sits above $67,000. The total crypto market cap has also reclaimed the recently lost ground, as many altcoins have turned green on a daily scale. BTC Rises Above $67K Following last Friday’s crash […]