TL;DR Milestone Achievement: Stand With Crypto, supported by Coinbase, has reached 1 million members, advocating for crypto’s importance across various states and political lines, and has established a PAC to influence policy. Political Influence & Funding: With millions in donations and significant campaign-finance contributions, the group aims to mobilize crypto enthusiasts to shape policies favorable to […]
Two individuals have filed a civil claim against Hong Kong-based cryptocurrency exchange JPEX, seeking to recover over HK$1.85 million. This lawsuit is the first civil action related to an alleged fraud case involving more than 2,600 victims with total losses amounting to HK$1.6 billion. A lawmaker indicated that ten more victims plan to take similar […]
Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital.
Cryptocurrency analyst and trader Jason Pizzino is offering his thoughts on the potential trajectory for the digital asset market going forward. Pizzino tells his 328,000 YouTube subscribers that the Average True Range indicator is suggesting that “another significant move” is imminent for Bitcoin (BTC) and other crypto assets. The ATR is used to measure the […]
Global liquidity is changing landscape of cryptocurrency market
Meanwhile, the global cryptocurrency market cap fell by 0.22% to around $2.63 trillion in the last 24 hours. "Bitcoin hovered around the $71,000 level …
The world’s largest asset manager, BlackRock, is a major investor behind a push to launch a new US stock exchange based in Texas. The Texas Stock Exchange (TXSE) would compete with Nasdaq and NYSE, aiming to expand access to US capital markets for all investors and public companies. Yeehaw! Could the home of black gold […]
The CEO of VanEck publicly stated he believes that Bitcoin’s market cap will be worth approximately US $7T in the next 5-10 years. Speaking at Paris Blockchain Week, van Eck noted that several factors suggested BTC may eventually usurp gold as an alternative inflation hedge. Van Eck’s prediction would see BTC skyrocket to over US […]
Popular trading platform, Robinhood, has reached an agreement to acquire cryptocurrency exchange, Bitstamp. This purchase aims to bolster Robinhood’s presence in the crypto space across the world while simultaneously attracting institutional clients by offering new products. The all-cash deal is valued at $200 million and is anticipated to be finalized in the first half of […]
The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them, highlighting a keen interest in this modern asset class. These offices are motivated by the desire to stay abreast of new investment […]
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants at the Oslo Freedom Forum, per a press release sent to Bitcoin Magazine. 10 bitcoin, currently worth $704,740 at the time of writing, is being granted across 13 different projects around the world. The funds will be used to advance education […]
The crypto market was a hub of activity last week, even if only some areas were particularly involved. Bitcoin (BTC), Ondo (ONDO), and Raboo ($RABT) trended across networks, all for different reasons. Bitcoin price and its hack in the DMM exchange, ONDO breaking past its ATH again, and Raboo’s 60% spike in presale were talking […]
Long-term Bitcoin holders are now all in the green, thanks to BTC’s recent climb above November 2021’s all-time high.
The U.S. Attorney’s Office, Southern District of New York (USAO-SDNY), is charging the chief financial officer of The Epoch Times, Bill Guan, with one count of conspiring to commit money laundering and two counts of bank fraud. According to the USAO-SDNY, Guan entered into a transnational conspiracy with others that included the media outlet’s foreign-based […]
TL;DR TON’s Remarkable Surge: The Telegram Open Network (TON) has experienced an impressive 10% surge in just 24 hours, propelling it into the top 10 cryptocurrencies by market cap. Its value now stands at nearly $18 billion, with a current trading price of $7.25. Altcoin Momentum: While TON shines, other altcoins are also making waves. […]
TL;DR Tether invests $18.75 million in XREX Group to drive cryptocurrency adoption and global financial inclusion. The investment aims to revolutionize cross-border payments with the launch of XAU1, a new stablecoin. The collaboration also aims to innovate in regulatory technology to prevent the illegal use of stablecoins, thereby strengthening security in the crypto ecosystem. Tether, […]
US Securities and Exchange Commission (SEC) Chairman Gary Gensler delivered a cautionary message to cryptocurrency exchanges, underscoring that merely providing disclosures to investors does not immunize them from regulatory scrutiny. Crypto Disclosure Gaps and Regulatory Concerns Speaking in an interview with CNBC yesterday (Wednesday), Gensler stressed the inadequacy of disclosures alone, especially if crypto exchanges […]
XRP price is slowly moving higher above the $0.5200 zone. It is now facing hurdles near $0.5320 and might correct lower in the near term. XRP is attempting a fresh increase above the $0.5250 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There was a break below a key […]
Mike Novogratz predicts that the largest cryptocurrency is on track to hit $100,000 this year
… cryptocurrency. Binance and exchanges including Kraken are being sued at London's Competition Appeal Tribunal (CAT) in a case brought on behalf of …
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating services, promising payment through complex and deceptive crypto-based compensation structures. Victims are often tricked into making […]
Bitcoin is digital gold. Bitcoin is an inflation hedge. Bitcoin is money. Bitcoin is a technology. Bitcoin is software. Bitcoin is hope. Bitcoin is an electrical system. Bitcoin is a heating system. The reality is that all of them are wrong, in the sense that all of them are just a partial description of what […]
June 5, 2024 – Tortola, British Virgin Islands Nibiru EVM execution boasts blazing-fast transaction speeds, scalability and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web 3.0. Overcoming Ethereum’s scalability hurdles Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance EVM (Ethereum Virtual Machine) execution environment, […]
Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or “whales” holding over […]
The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue.
A PEPE millionaire known for smart moves in the crypto world recently made a bold investment. The investor put $800,000 into Algotech, an AI-driven trading platform. This large investment has caught the attention of many in the crypto community. The investor has publicly stated that Algotech will provide the best return on investment (ROI) in […]
US lawmakers have accused Nigeria of holding Binance’s executive hostage and called for President Joe Biden to intervene and secure the executive’s release, Bloomberg reported. In a recent letter, sixteen Republican congressmen, led by Michael McCaul, Chairman of the House Foreign Affairs Committee, urged President Biden to address the detention of Tigran Gambaryan, a US […]
Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650. DOGE price is moving higher above the $0.160 resistance zone. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key bullish trend […]
TL;DR Vitalik Buterin’s Concern: Ethereum co-founder Vitalik Buterin has expressed concern over the trend of celebrity-endorsed memecoins. He warns that many such tokens have a fleeting lifespan and can leave investors disillusioned. Criteria for “Worthiness”: Buterin suggests that worthy celebrity-led crypto projects should aim for positive societal change, promise a lifespan exceeding ten years, and […]
TL;DR Santiment unveils a report on developer activity in RWA cryptocurrencies, highlighting their growing interest over the past month. The list of the top ten RWA altcoins includes projects like Maker DAO, Oraichain, and Polymesh Network, which experienced a significant surge in development activity. Chainlink emerges as the RWA altcoin with the highest developer activity, […]
Bitcoin ETFs saw tremendous inflows on Tuesday, but it remains to be seen whether the largest cryptocurrency will be able to log a new all-time high in the near future