The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On […]

Bitget Wallet has reached a new milestone of 12 million monthly active users (MAUs), becoming the most downloaded Web3 wallet in August 2024. The application was downloaded nearly 2 million times last month, surpassing popular competitors such as Trust Crypto Wallet and MetaMask. Bitget Wallet Surges to 12 Million Monthly Active Users Bitget allows users […]

Cryptocurrency, however, remains a major topic in the upcoming U.S. election. U.S. presidential candidates Kamala Harris and Donald Trump debated …

Critics say ETH is in a death spiral, with plunging fee revenue and extractive L2s. But researchers have a plan to Make Ethereum Great Again.

TL;DR PancakeSwap launches its first prediction bot on Telegram to predict BNB prices. The celebration campaign includes a drawing for $4,444 in rewards on September 22. The bot allows predictions to be made every 5 minutes with a minimum stake of 0.001 BNB. In celebration of its fourth anniversary, PancakeSwap has launched its first-ever prediction […]

TL;DR Charles Hoskinson has refuted claims that Cardano’s staking system locks ADA tokens, clarifying that it is a liquid, non-custodial staking system. Hoskinson and the community have rejected accusations that investors are being deceived. Users retain full control of their assets while they are staked. ADA has experienced a modest 0.8% increase in the last […]

Over 65% of current crypto holders see it as a long-term investment, with 38% using it as a hedge against inflation. Regulatory uncertainty remains a key barrier, with 38% in the US and UK citing it as a reason for not investing in crypto. Crypto has become a significant issue in the US presidential election, […]

The first ever US congressional hearing into decentralised finance (DeFi) has highlighted the stark partisan divide over regulation of the emerging sector. The Democrats are focussed on reducing investor harms by cracking down on fraud and market manipulation, whereas the Republicans favour a lighter-touch regulatory approach intended to foster growth. The landmark US Congressional hearing […]

The Bitcoin mining difficulty reached a new all-time high of 92.67 trillion on September 11. This represents a 3.04% increase over the last 24 hours and continues an upward trajectory in mining competition. The Bitcoin difficulty chart plots the historical increases and decreases in mining difficulty over time. It measures how hard it is for […]

In the ever-evolving crypto landscape, GoodEgg (GEGG) has quickly risen to prominence, particularly after an impressive presale rally that saw a 187% surge. Priced at just $0.00015, GoodEgg is now overshadowing established tokens like Artificial Superintelligence Alliance (FET), signaling a shift in investor interest towards more innovative and engaging projects. GoodEgg’s ‘Play to Date’ Concept Captures Attention The […]

HodlX Guest Post  Submit Your Post   AI is one of the most powerful, disruptive industries since the internet. But with increasing centralization and monopolistic control of companies like OpenAI, it’s moving in a dangerous direction – away from the grassroots. Per McKinsey’s study in early 2024, about 72% of businesses are using AI in at […]

A few months ago, optimism around Bitcoin was at its peak, with many expecting new all-time highs. However, that enthusiasm has since shifted, leaving investors wondering whether this is merely a quiet phase or the start of a prolonged bear market. A few months ago, optimism was soaring, with many expecting #Bitcoin to hit new […]

The Donald Trump-themed meme coin MAGA (TRUMP) has tanked 15% over the past 12 hours following a less than convincing performance in the presidential debate held on Sept. 10. TRUMP hit an intraday high of $3.42 before his showdown with Democrat rival Kamala Harris. However, it dumped to $2.89 as the debate went on, and […]

Marathon CEO Fred Thiel explains what Bitcoin (BTC) has in common with paintings by Banksy

Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $20.58 million are believed to have been stolen. Some experts suspect the North Korean hacking group Lazarus Group may be responsible due to attack characteristics. Indodax Hack Shows […]

Cryptocurrency exchange Bitget has ramped up its regulatory compliance efforts with the recent appointment of Hon Ng as its new Chief Legal Officer. Ng, who previously held a similar role at industry giant Binance, brings a wealth of experience in navigating the complex regulatory landscape of digital assets. In an exclusive interview with Finance Magnates, […]

Jain allegedly stole Rs 56 crore worth of cryptocurrency while working as a software developer at Cipher Technologies Pvt Ltd, headquartered in …

The elusive former CEO of Alameda Research will return to court on Sept. 24 for sentencing after pleading guilty to fraud and money laundering in 2022.

A closely followed crypto strategist and trader says Solana (SOL) and three additional altcoins are his best picks for longer-term holds. Pseudonymous analyst Altcoin Sherpa tells his 223,400 followers on the social media platform X that SOL will likely remain in an uptrend as long as it holds $110 as support. In addition to SOL, […]

Seasoned trader Peter Brandt is outlining a potential price path for Bitcoin that would see BTC massively break out of its price doldrums en route to fresh record levels. The veteran trader shares a chart with his 737,800 followers on the social media platform X suggesting that Bitcoin is following a parabolic curve pattern on […]

Jeff Garzik, a veteran Linux contributor and early open-source developer who contributed to the Bitcoin project from 2010 to 2017, has released a series of new videos detailing his time working with Bitcoin’s anonymous inventor Satoshi Nakamoto. Joining the project in July 2010, Garzik contributed to early software releases, entering notable pull requests including the […]

As the crypto world continues to witness the rapid growth of AI-driven projects, GoodEgg (GEGG) is emerging as a serious contender in the space. Known for its unique meme-hybrid model with a social scoring system, GoodEgg (GEGG) is capturing attention, raising speculation that it could become the third merger in the Artificial Superintelligence Alliance (FET) ecosystem. FET’s Recent Surge: A Look […]

TL;DR Bitcoin rebounds above $56,900 after liquidating $32.7 million in short positions, boosting market volatility. Analysts warn that BTC’s future price depends on political and economic events in the U.S., such as the Trump-Harris debate and CPI data. Although Bitcoin shows reduced sensitivity to S&P 500 drops, the market remains volatile ahead of the Fed’s […]

TL;DR Tether, TRON and TRM Labs create the T3 Financial Crime Unit (T3 FCU) to combat crypto crimes. The unit has facilitated the freezing of over 12 million USDT linked to fraud and extortion. TRM Labs will provide support in identifying transactions related to illegal activities. On September 10, 2024, Tether, TRON, and TRM Labs […]

Harris and Trump debated hot topics like the economy and immigration, but crypto received no mention. Trump criticised the current administration’s economic policies and labelled Harris a Marxist. Despite Harris’ shaky start, pundits largely viewed her as the debate winner against an often angry Trump. Market reaction saw Trump’s odds fall by 3% on Polymarket, […]

Despite being seen as frivolous by some, many memecoins like Shiba Inu and Dogecoin have sought practical uses beyond hype. BONK, a newer memecoin, announced a premium partnership with German football club Borussia Dortmund to improve fan experiences. The partnership aims to merge nascent technology with football, promising web3 enhancements and new fan engagements. BONK’s […]

According to Benjamin Cowen, CEO and Founder of ITC Crypto, Ethereum could be heading towards a significant price correction by the end of 2024. Cowen notes that the wedge pattern Ethereum has formed this cycle features higher lows, nearly 10x those of the wedge formed in 2019. However, the similarities to Ethereum’s 2019 price action […]

TL;DR The XRP Ledger (XRPL) will implement a major amendment in two weeks to enhance its Automated Market Maker (AMM) feature. Ripple’s XRP has seen a slight price decline, with a 1% drop over the past 24 hours and a 7% decrease over two weeks, despite recent updates. Activation in Two Weeks The team behind […]

Japan’s MicroStrategy keeps buying more Bitcoin

The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that processed £2.6 million in transactions without registration, violating anti-money laundering […]

A Bengaluru police officer said the arrested man was exceptionally skilled in cryptocurrency trading and related activities.

Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal.