Uniswap Labs, the creator of one of the largest decentralized trading platforms, is challenging a potential enforcement action by the US Securities and Exchange Commission (SEC), arguing that crypto tokens should not be classified as securities. The New York-based firm recently refuted the allegation that it operated as an unregistered exchange and broker-dealer. This response […]
Bitcoin got the correction “we needed,” and now it “can continue the macro uptrend higher,” says one crypto trader.
TL;DR Alex Thorn from Galaxy Research expresses concern about the potential classification of staked Ether as a security by the SEC. The SEC might be planning a strategy to approve Ethereum ETFs while considering staked assets as securities. Additional concern revolves around liquidity challenges and regulatory requirements that could arise if staking is allowed within […]
TL;DR Investor Behavior Shift: Long-term holders are retaining their Bitcoin, leading to decreased sell-side pressure and setting the stage for a market breakout as short-term holders become more active. Holding Preference: Over half of the Bitcoin supply hasn’t been moved in over two years, indicating a strong preference for holding, which is reducing distribution pressure and supporting […]
The investments of the largest crypto market makers are the best clues for selecting altcoins for crypto investment. This is why ETFSwap (ETFS), alongside Arkham (ARKM), Ethereum (ETH), and Gala (GALA), has been touted as the top 4 altcoins to invest in ahead of the bull run as major market makers like GSR, Wintermute, and […]
The expectation for the approval of an Ether exchange-traded fund (ETF) is heightened as the Securities and Exchange Commission (SEC) asked Nasdaq, CBOE, and NYSE to amend their applications for the crypto instrument by the end of Tuesday, Reuters reported. Bringing Enthusiasm among Crypto Investors Although there is no official confirmation, the regulator’s reported approach […]
As we take the concluding tenth and final step in “10 Steps to Self-Sovereignty”, we’ve articulated nine ways that Bitcoin can enable the sovereign individual. But what about building the sovereign Bitcoin business? From longer timeframe accounting practices to managing a bi-weekly payroll, to using a volatile asset that operates on a 24/7 market, there […]
The CEO of the crypto investment firm Galaxy Digital says Democrats are changing their tune on crypto as the 2024 US Presidential election approaches. In a new interview with CNBC’s Squawk Box, Mike Novogratz says the Biden administration is listening to the markets and shifting its standpoint on crypto. “But assuming, you know, the market is right, […]
A New York man pled guilty to fraud charges last week after using various fake crypto and real estate schemes to swindle investors out of more than $1.3 million. Thomas John Sfraga, who went by the alias “T.J. Stone,” defrauded more than a dozen victims, including friends and neighbors, according to an announcement from the […]
[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, May 21st, 2024] Decentralized Finance (DeFi) has emerged as one of the most transformative and disruptive forces in the world of finance, offering a decentralized alternative to traditional financial systems. At the forefront of this revolution is Retik Finance (RETIK), a pioneering DeFi project recognized for […]
HyperCycle was founded in October 2022 following discussions between CEO Toufi Saliba and Ben Goertzel, founder of SingularityNet, at the global AGI summit in 2021. The company focuses on developing a General Purpose Technology supporting a decentralized network for AI-to-AI communication, designed to scale with the worldwide demand for AI consumption. Leveraging technologies such as […]
Which altcoins can rise faster than Bitcoin (BTC)?
In June 2021, Tomar and his co-conspirators engaged in a scheme to steal millions in cryptocurrency from hundreds of victims located worldwide and in …
Cardano (ADA) is struggling to start a fresh increase above the $0.500 resistance zone. ADA must stay above the $0.480 support to start a decent upward move. ADA price is struggling to gain bullish momentum above the $0.50 zone. The price is trading above $0.480 and the 100-hourly simple moving average. There is a key […]
Farcaster, blockchain’s answer to traditional social media, raised $150 million in a Series A funding round led by Paradigm, sending a community token soaring.
TL;DR COTI has launched a developer network for its upcoming Ethereum-based layer 2 network focused on privacy. They have established a grant program of 400 million tokens (approximately $52 million) to incentivize developers to participate in the platform. The new network offers tools such as SDKs, faucets, and comprehensive documentation to facilitate the development of […]
The Bitcoin ETFs have acquired over 14,000 BTC this week alone, while miners have only produced 3,150 BTC. Consider the scale of that difference—it’s MASSIVE! ETFs are buying up record levels of Bitcoin. Bitcoin ETFs Scoop Up Over 14,000 BTC in a Week! With a massive start to the week, the Bitcoin ETFs brought in […]
In the dynamic world of cryptocurrencies, recent developments in BNB Chain, Dogwifhat, and BlockDAG are drawing significant investor attention. This analysis provides a closer look at BNB’s impressive DEX volume, Dogwifhat’s downturn, and BlockDAG‘s strategic roadmap designed to catapult its valuation to $30 by 2030. Understanding these movements is crucial for investors aiming to capitalize […]
Crypto exchange Bybit has surpassed 30 million registered users globally. The exchange, one of the largest in terms of spot volumes, has increased its customer base by 10 million over the last six months. Bybit Surpasses 30 Million Registered Users At the end of November last year, Bybit celebrated its fifth anniversary and boasted a […]
Closely followed trader and economist Alex Krüger believes Ethereum (ETH) is headed to new all-time highs (ATHs) due to one key catalyst. Krüger tells his 175,400 followers on the social media platform X that a possible approval of a spot ETH exchange-traded fund (ETF) as early as this week could send the top altcoin soaring. […]
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Bitcoin allows for the permanent inscribing of data onto the public record. Still, whistleblowing on the blockchain remains a terrible idea. Leaking information is risky business. If you’ve obtained sensitive information — particularly if you’re not […]
In his latest essay titled “The Easy Button,” Arthur Hayes, founder of the crypto exchange BitMEX, delves into the dynamics of global monetary policies and their consequential ties to what he describes as the impending ‘Crypto Valhalla.’ Hayes analyzes the policy maneuvers of the world’s major economies, notably Japan, the United States, and China, and […]
Many market analysts recently changed their stance after the SEC unexpectedly requested that exchanges update their 19b-4 filings before the May 24 deadline.
On Monday, New York Attorney General Letitia James announced that her office has secured a $2 billion settlement with the bankrupt cryptocurrency firm Genesis Global. This agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 Billion Settlement In a post on social media platform X, AG […]
Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows of $15 billion to $45 billion into ether within the first year […]
Do DOGE and SHIB have enough strength to rise this week?
Euphoria is sweeping through cryptocurrency markets on growing optimism that regulators will approval exchange-traded funds that invest directly …
Venture capital (VC) investment in crypto firms is reportedly on the rise following a slump of seven consecutive quarters. Citing data from private equity and venture capital deals information provider PitchBook, Reuters reports that VC investment in crypto companies rose by 41% quarter-on-quarter to reach a figure of $2.4 billion in the first three months […]
A JPMorgan Chase customer reportedly lost $300,000 at a bank branch in Brooklyn immediately after withdrawing the cash. The 31 year-old customer withdrew the huge sum from a teller and was robbed once he exited the bank’s front door, reports News 12. Although the bank has not released a statement on the assault, it provided […]
TL;DR BounceBit, a Bitcoin restaking protocol backed by Binance, has unveiled its roadmap for 2024, highlighting its focus on the convergence of TradFi and DeFi. The company focuses on CeDeFi to combine the security of CeFi with the potential of DeFi, backed by a solid financial structure and million-dollar fundraisings. The company’s strategy revolves around […]
False SEC approval news once caused market turmoil; Ethereum ETF rumours now raise similar concerns. SEC hastens document updates for Ether ETF, hinting at possible approval despite no guarantees. Past confusions over security status linger with approval of key filings pending. Could this be another moment like we saw in the process of the Spot […]
ETH surges over 20% on the day following news of progress on Ethereum spot ETFs. The hype train is departing the station! Please ensure your FOMO is safely stowed! Ethereum, the second largest cryptocurrency by market cap, has surged over 20% in the past 24 hours on news of sudden progress towards US spot ETF […]