For investors seeking resilience and stability in the erratic cryptocurrency market, this is an important consideration. TONUSDT TON/USDT Chart by …
The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors of zero-knowledge proofs publicly chastise the developer. Community Backlash Ends Matter Labs’ ZK […]
Thailand has approved launching its first spot Bitcoin exchange-traded fund (ETF), joining a growing list of countries embracing regulated Bitcoin investment vehicles. BREAKING: 🇹🇭 Thailand SEC approves the first spot #Bitcoin ETF. pic.twitter.com/ju1q83JvVP — Bitcoin Magazine (@BitcoinMagazine) June 4, 2024 The Thai Securities and Exchange Commission (SEC) endorsed asset manager One Asset Management (ONEAM) to […]
The Australian federal court relieved Block Earner from paying a penalty in the local financial regulator’s legal action over unlicensed crypto yield-bearing products.
Veteran trader Peter Brandt believes that Bitcoin (BTC) can soar to a high of $150,000 before the bull market comes to a close. In a new blog post, Brandt says the timeline of each bull cycle has been more or less the same since 2012. “The number of weeks from the start of each bull […]
The chief executive of the financial giant VanEck believes that Bitcoin’s (BTC) market cap will eventually soar to at least half of gold’s market cap. In a new interview with Scott Melker, VanEck CEO Jan van Eck says that it could take up to a decade for traditional finance (TradFi) to help drive Bitcoin’s market […]
Starting June 30, 2024, the European Economic Area (EEA)will enforce new regulations under the Markets in Crypto-Assets (MiCA) framework, specifically targeting stablecoins. Binance, one of the world’s largest cryptocurrency exchanges, plans to roll out comprehensive changes to ensure compliance, impacting everything from trading to rewards. Only regulated companies can issue and offer stablecoins, termed regulated […]
An analyst has explained how Bitcoin will “likely rise to test” the $79,600 level if BTC can hold above this important level of a pricing model. Next Bitcoin MVRV Pricing Band Is Currently Valued At $79,600 In a new post on X, analyst Ali Martinez has talked about where BTC’s next destination could be based […]
BlockDAG’s Lunar Keynote: Driving Crypto Innovations in 2024 While Toncoin Rises & Shiba Inu Faces Price Hurdles Two coins have carved distinct paths in the ever-volatile world of digital currencies. Toncoin, spurred by Telegram’s new digital currency announcement, STARS, has climbed 3%, attracting interest from developers and investors. Conversely, Shiba Inu has slipped by 1.68% […]
Leveraging strategic alliances with leading non-custodial exchanges that facilitate cryptocurrency swaps, Flashift identifies and delivers optimal …
TL;DR Notcoin (NOT), the cryptocurrency of a game on Telegram, has surpassed $2 billion in market capitalization in weeks. With a 219% increase in the last week, the cryptocurrency is attracting investors and enthusiasts. The partnership with The Open Network (TON) drives NOT’s success, highlighting the integration of cryptocurrencies into popular platforms. The Notcoin (NOT) […]
Sam Kazemian, founder of Frax Finance, has alleged that an inside job at X was responsible for the hack of the project’s official account. The breach, which occurred on June 1, led to the decentralized stablecoin protocol behind FRAX USD losing access to its X account. Frax Finance Hack In a Telegram post dated June […]
The official resource for ERC-6900, www.erc6900.io, has been launched, co-authored by the Ethereum Foundation, Alchemy, Circle, and Quantstamp. The website is a comprehensive guide to ERC-6900, a groundbreaking proposal that standardizes interfaces for composable smart accounts. The core idea behind ERC-6900 is to foster permissionless innovation by making it easier for developers to build secure, […]
Quant analyst PlanB says that Bitcoin (BTC) is entering a phase that has historically coincided with rallies. In a new strategy session, PlanB provides an update on his stock-to-flow (S2F) model, which was traditionally used for traditional commodities before he adapted it to Bitcoin. The S2F model predicts the performance of an asset based on […]
Roughly 6.8% of the global population now holds crypto assets, according to digital currency payment company Triple-A. In a new report, Triple A says the number of people who own cryptocurrency is now 562 million, up by about 34% from 420 million in 2023. Of the countries worldwide, the United Arab Emirates has the highest […]
The partnership with Deutsche Bank allows Bitpanda to offer real-time inbound and outbound cash payments for German crypto traders using German International Bank Account Numbers.
Thailand has joined the Bitcoin exchange-traded fund (ETF) trend by approving One Asset Management (ONEAM) to launch a Bitcoin ETF, as reported by the Bangkok Post. However, access to the instrument will be limited to wealthy and institutional investors. Thailand’s Bitcoin ETF As approved by the Thai Securities and Exchange Commission (SEC), the ETF is […]
Recent data shows that the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges has dropped significantly. This means the largest crypto tokens by market cap could be well-primed for significant moves to the upside, with a supply squeeze imminent. Supply Of Bitcoin And Ethereum Drop To New Lows BTC ECHO analyst Leon Waidmann shared […]
Several Spot Bitcoin ETFs were approved and listed in the US in January, breaking records with BlackRock’s IBIT amassing US$20 billion in five months. Hong Kong and London also listed Spot BTC and Ether ETFs; globally, ETF-held Bitcoin now totals 5% of the supply. Australia’s Monochrome launches IBTC, the first Australian ETF to directly hold […]
Prominent trader Peter Brandt believes that the price of Bitcoin could end up reaching $150,000 during this market cycle
About the Panelists The first panel of the afternoon, “Digital Assets/Cryptocurrency,” focused on what auditors need to know about these …
Legendary trader Peter Brandt says one Bitcoin (BTC) chart looks quite similar to the one printed by the stock market in the mid-1980s before a big breakout. Brandt tells his followers on the social media platform X that he’s looking at Bitcoin versus the M1 money supply chart (BTC/WM1NS), which compares the value of BTC […]
Top Crypto for June 2024: BlockDAG’s Moon Keynote Spotlights X10 Miner and 30,000x ROI Potential Amidst Aevo and Solana Price Surge Solana and Aevo are two closely watched assets for their surge potential. Amidst these developments, investors and the market alike are backing BlockDAG, a layer 1 project with a stellar presale, as an asset […]
Matter Labs, the developer behind the ZkSync Ethereum Layer 2 network, has decided to abandon its efforts to trademark the term “ZK.” In an update on June 3rd, Matter Labs said its decision to abandon its efforts to trademark the term “ZK” stems from the reasoning that it is “impossible to agree on a group […]
Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that Euroclear could face lawsuits if Western countries seize these […]
Australia is set to join the growing list of countries offering a spot Bitcoin exchange-traded fund (ETF), with the launch of the country’s first such product expected tomorrow. JUST IN: 🇦🇺 Australia's first spot #Bitcoin ETF to go live tomorrow. Are you prepared? 🚀 pic.twitter.com/EfKqdMU48P — Bitcoin Magazine (@BitcoinMagazine) June 3, 2024 Monochrome Asset Management […]
All unlicensed crypto exchanges have been kicked out of Hong Kong.
TL;DR Binance will restrict the use of unauthorized stablecoins in the EEA starting June 30. Users will be able to sell, but not buy, these unregulated stablecoins on certain Binance platforms. The new MiCA regulations set strict rules for the issuance and management of stablecoins in the EU. Binance, one of the world’s leading cryptocurrency […]
After two silent weeks, Roaring Kitty’s latest roar has shaken the crypto market. The renowned trader has again set the world ablaze after revealing his substantial 5 million GameStop shares holdings. Following his posts, GameStop’s shares soared in the premarket by 90%, and the Solana-based tribute token, GME, skyrocketed by 300%. Roaring Kitty’s Return To […]
The chief legal officer of crypto exchange Coinbase says that the U.S. Securities and Exchange Commission (SEC) is determined to stifle the digital asset industry. In a new thread on the social media platform X, Coinbase executive Paul Grewal says that the regulatory agency is “bent on choking” the digital assets industry by mandating rules […]
The Office of the Comptroller of the Currency (OCC) is taking action against a former bank employee for allegedly stealing thousands of dollars in just one week. The OCC says it’s issuing an order of prohibition against Sabrina Prince for violations of law that resulted in unjust enrichment at the expense of PNC Bank. Between May […]