Ethereum might end up in Bitcoin’s shoes after ETF approval
Charlie Shrem, once a rising star in the Bitcoin world, became the first prominent figure to face imprisonment due to his involvement in cryptocurrency. As the founder of BitInstant, one of the earliest and most influential Bitcoin exchanges, Shrem played a pivotal role in the early adoption of Bitcoin. However, his arrest in 2014 for […]
Crypto analyst Pierre has provided insights into why $69,000 is a significant price level for Bitcoin. He suggested the flagship crypto could hit a new all-time high (ATH) if it successfully holds above that range. A Breakout Above $69,000 Could Lead To A Bitcoin Recovery Pierre mentioned in an X (formerly Twitter) post that Bitcoin […]
British neo-bank Revolut is expanding into the APAC region, ramping up marketing efforts while negotiating financial regulations. The company has long been involved in the crypto scene – albeit on the fringes – by allowing certain digital asset transactions. However, a new anti-scam measure requiring a selfie and a hand-written note has been subject to […]
BlockDAG’s Strategic Global Marketing Elevates $10 by 2025 Price Projection Amid Ripple vs SEC Turmoil & ETH Performance As the U.S. elections draw near, the outcome of the Ripple vs SEC lawsuit could shift depending on the political climate. Simultaneously, speculation about an Ethereum ETF has led to an increase in Ethereum Classic’s value. Amidst […]
Tether Holdings, the stablecoin issuer, has acquired a substantial stake in Bitdeer Technologies Group, a US-listed Bitcoin mining company owned by Chinese billionaire Jihan Wu. This acquisition involves a US$100 million investment, with an option to purchase an additional US$50 million in shares within the upcoming year. Investment Facilitates Expansion in Mining According to Bitdeer’s […]
Donald J. Trump is officially a criminal after being convicted for concealing a sex scandal with pornstar Stormy Daniels. Does U.S. law permit a criminal to become President?
An international coalition of tax authorities has released a list of possible risk indicators for cryptocurrency-related crimes, many of which …
A former investment banker and registered broker has been sentenced for masterminding a $1.5 million crypto fraud scheme. In a new press release, the US Department of Justice (DOJ) says that Rashawn Russell, who used to work for the Financial Industry Regulatory Authority (FINRA), has been sentenced to three years and five months behind bars. […]
A new altcoin connected to a viral game on the encrypted messaging platform Telegram printed fresh all-time highs this week after surging by nearly 160%. NOT is a community token for the popular Telegram-based tap-to-earn mining game Notcoin that began trading on May 16th when Binance rolled out support for the asset via its Launchpool […]
TL;DR In May, the crypto community suffered $42.6 million in losses due to hacks, scams, and exploits. Flash loan attacks accounted for the majority of losses, closely followed by exploits. Despite the losses, around $96.2 million was recovered, partially mitigating the impact. In May, the crypto community was rocked by a series of hacks, scams, […]
Ethereum’s recent momentum appeared to have slowed down, largely due to the pause in ETF-related excitement. Despite this, there is a significant accumulation trend among large holders a.k.a whales, even as ETH’s price remains below $4,000. Massive Increase in Ethereum Whales According to the latest Glassnode data, shared by popular crypto analyst Ali Martinez, there […]
Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many legitimate crypto businesses and startups operating in good faith. Davido Offloads Meme Coin Hours After Promoting It to Followers The Nigerian […]
Veteran Trader Peter Brandt expects 344% Bitcoin surge over gold in at least next 12 months
Today, large Japanese cryptocurrency exchange DMM Bitcoin reported a significant security breach resulting in the loss of 4,502.9 BTC, currently valued at over $300 million. The incident occurred at approximately 1:26 p.m. and involved unauthorized access to the exchange’s wallet. In an official statement, DMM Bitcoin said that measures have been taken to prevent further […]
As the defunct cryptocurrency exchange Mt. Gox prepares to distribute around $9 billion worth of Bitcoin, some investors are worried about the potential impact on prices. However, industry experts and major creditors believe that any short-term volatility will be outweighed by BTC’s long-term bullish prospects. With the approval of US spot Bitcoin exchange-traded funds (ETFs), […]
The inclusion of staking in filings for Ether ETFs could have been an indication that regulators want to keep a back door open for future scrutiny.
Ripple CEO Brad Garlinghouse anticipates the approval of XRP, Solana, and Cardano ETFs, calling it inevitable after recent Ethereum ETF approvals. SEC Chair Gary Gensler faces criticism for unclear responses on crypto regulation, despite being asked directly about Ethereum’s security status. Ripple donates US$25 million to influence positive crypto sentiment amidst regulatory uncertainties and potential […]
The SEC accelerates Ethereum ETF approvals, requesting S-1 forms by Friday for imminent trading. Early filers like VanEck and BlackRock prepare for trading as analysts predict quick approval post fine-tuning. Recent events indicate crypto is becoming more politicised as candidates seemingly throw their support behind the nascent asset class. Approval of Spot Ethereum exchange-traded funds […]
The price of Stargate Finance’s token, $STG, skyrocketed by 69.53% in just two hours following its listing on Upbit, South Korea’s largest cryptocurrency exchange. This surge was fueled by the introduction of the STG/KRW trading pair, which significantly boosted investor interest and trading activity. With this substantial price increase, Wallet 0x22d, likely belonging to an […]
A coordinated operation to uncover an intricate cryptocurrency scam led to the arrest of a suspect in France. The investigation in Portugal, …
Crypto analyst Crypto Jack has suggested that Solana-based meme coin Dogwifhat (WIF) could soon witness a catastrophic crash. He noted what needs to happen for the meme coin to avoid this significant price decline. How Dogwifhat’s Price Could Crash Significantly Crypto Jack mentioned in an X (formerly Twitter) post that Dogwifhat’s price needs to stay […]
Chain-hopping meme coin Dogeverse is now in the final 3 days of its presale after selling more than $15 million worth of $DOGEVERSE tokens. The token will list simultaneously on decentralized exchanges on 6 of the biggest blockchain networks, including Ethereum, Solana, Polygon, Avalanche, Base, and Binance Smart Chain. The Dogeverse launch could be one […]
Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging markets, and sharing the revenue obtained with partners integrating AUSD in their services platforms. […]
Once approved, Ethereum Spot ETF might be met with siginficantly lower demand compared to Bitcoin-based products, US banking major says
Yesterday, Nostr users from around the US came together at New York City’s premiere Bitcoin bar PubKey for Nostr Village, a mini-conference focused on the open protocol that enables global, censorship-resistant social media and more. Who’s coming to #NostrVillage tomorrow? It’s a day of censorship resistant value for value creative expression and zaps, and it’s […]
TL;DR Mastercard’s “Crypto Credential”: Mastercard has launched a new service that simplifies crypto transactions by allowing users to use easy-to-remember aliases instead of complex blockchain addresses, enhancing security and accessibility. User Verification and Safety: The service includes a verification process for users and ensures transactions only proceed if the recipient’s address is compatible, preventing loss […]
TL;DR The stablecoin market reached a capitalization of $161 billion in May, the highest level in 24 months, although its dominance fell to 6.07% from 7% in March. Athena USDe and Tether (USDT) showed strong growth, with market capitalizations of $2.61 billion and $111 billion, respectively. The market has managed to recover from the losses […]
Reasons for BTC’s weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate’s anti-crypto lobby.
A widely followed crypto analyst believes one artificial intelligence (AI) focused altcoin project is about to outperform the broader market. Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that decentralized GPU rendering blockchain Render (RNDR) has a strong-looking market structure. “RNDR: still a fine place to just buy […]
JPMorgan Chase CEO Jamie Dimon just issued a major warning on where he believes the US economy is heading. At AllianceBernstein’s Strategic Decisions conference, Dimon said he’s betting unchecked government spending will end in stagflation – the term for a dreaded combination of high inflation, high unemployment and low growth, reports Fortune. “I look at […]
Starting this Saturday, cryptocurrency trading platforms wishing to offer their services in Hong Kong will no longer be able to use the “grace period” set by the local regulator. If they have not obtained a license or applied for one by June 1, they will be committing a criminal offense. SFC Warns Virtual Asset Trading […]