In just one week, @aave has seen a 2.7k BTC (~$200M) spike in cbBTC deposits, following the launch of a new Merit program on October 24. The incentive initiative encourages users to lend cbBTC (Coinbase-wrapped BTC) and borrow USDC, resulting in cbBTC becoming the fourth most popular asset for USDC-backed loans, now making up 12% […]

On November 1, the law on the legalization of cryptocurrency mining came into force in Russia.

Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements. 

TL;DR 21Shares requests SEC approval for an XRP ETF, aiming to expand regulated access to cryptocurrencies. The XRP ETF would be listed on Cboe BZX, with Coinbase Custody Trust as the fund’s custodian. Approval faces challenges due to the ongoing legal dispute between the SEC and Ripple over XRP sales as unregistered securities. Investment firm […]

Social media giant Reddit has relinquished the majority of its crypto holdings, in a sale worth nearly US $7b. Previously, Reddit had revealed ownership of Bitcoin, Ethereum and MATIC while championing several uses of digital currency on its platform. The move comes as Reddit looks to mitigate “unique risks” that come alongside holding digital assets. […]

Tether has posted US $2.5b worth of profits through Q3 2024. The company’s gains come on the back of substantial holdings in US Treasury yield and gold (which has surged 15%). Tether’s financial report also noted market cap growth of 30% throughout 2024. The company is allegedly under investigation by the US Government for potential […]

Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming breakout, setting the next levels to watch. BTC’s Sweet 16 Party Turns Spooky Bitcoin, the largest cryptocurrency […]

A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low. Source: Sherpa/X […]

Meanwhile, Bitcoin is down more than 2%

The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network’s technology and global reach. Expediting Uptake of Digital Assets Kenya’s main securities exchange, the Nairobi Securities Exchange (NSE), has joined the Hedera Council to accelerate tokenization initiatives using the Hedera network. By joining Hedera, the Kenyan […]

A crypto investor’s AAVE panic sale incurred a significant loss, underscoring the risks of emotional trading strategies in uncertain markets.

Real World Assets (RWAs) have emerged as one of the most notable themes at Token2049, standing out among the 800 side events alongside AI. Renewed interest in RWAs surged following comments from BlackRock’s CEO, who suggested that all assets could eventually be tokenized. This perspective, coupled with Tether’s recent profit milestone of nearly $5 million, […]

[PRESS RELEASE – Zug, Switzerland, October 31st, 2024] Chorus One, a leading provider of staking infrastructure for over 60 networks, today announced the launch of TON Pool, a new staking solution designed to simplify and optimize Toncoin staking for institutions and investors. With a focus on addressing the limitations of current staking models on the […]

Cryptocurrency didn't quite die in the crash of the last few years. In fact, says Shania Wilson of Together Agency, marketers are hard at work to …

Crypto analyst Ali Martinez has revealed what needs to happen next for the Bitcoin price to surpass its current all-time high (ATH) of $73,700. The analyst had rightly predicted the recent price rally to $72,000 but warned back then that the flagship crypto won’t hit its ATH instantly.  How The Bitcoin Price Can Reach New […]

The crypto community remains skeptical after a British businessman accused of fraud held a press conference today declaring that he is the pseudonymous creator of Bitcoin (BTC), Satoshi Nakamoto. The event was announced in a press release yesterday. “Nakamoto, whose whitepaper launched the world’s first decentralized cryptocurrency in 2008, has cited growing legal pressures as […]

TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million. Injective has announced the launch of AUSD, […]

BlackRock’s IBIT ETF has now exceeded US$30 billion in value, making up 42% of all BTC held by US Bitcoin ETFs. Recent data shows massive inflows, with IBIT leading global ETF cash receipts last week. Bloomberg’s Eric Balchunas notes IBIT’s significant inflows amidst US ETFs nearing a yearly flow record. Despite ETF success, Bitcoin’s price […]

VanEck with its robust crypto ETFs is now diving deeper into crypto, expanding its interest into Web3 gaming. VanEck’s Matthew Sigel likened Bitcoin investment to the ever-growing video game industry in a recent interview. The company recently announced a collaboration with Gunzilla Games to invest in a blockchain-based gaming platform. Earlier in 2024, VanEck joined […]

Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” says that Bitcoin is making him richer

Follow Nikolaus On X Here A couple of summers ago, I used to order lunch via Grubhub while working long days in the office. When ordering, I always made sure I was logged into Lolli, a bitcoin rewards platform with a browser extension, so that I earned sats back on my purchases. I eventually stopped […]

An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies. 

Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element. The company reported that it is currently working on substituting the traditional petrol-based heating elements of a building for a system that recycles the heat produced by bitcoin miners in a […]

A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed. On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI). “I think SEI […]

HodlX Guest Post  Submit Your Post   A couple of years ago, it seemed that the Web 3.0 industry was on the verge of collapse – high-profile scams, hacks and exchange collapses threatened to undo the industry. Major outlets like the New York Times and Bloomberg were even preemptively announcing the end of crypto. The tragic […]

BTC’s inability to break its own all-time high has resulted in a massive rejection that pushed it south hard to under $69,000 earlier today. The altcoins have followed suit, which has harmed over-leveraged traders, with more than 90,000 such market participants getting wrecked in the past day. Bitcoin/Price/Chart 01.11.2024. Source: TradingView The primary cryptocurrency was […]

Emerging cryptocurrency industry aims to put its stamp on the U.S. election by pouring money into key political races.

Bitcoin is currently trading above $69,000, following a 6% pullback from its recent peak at $73,600. The recent surge in open interest has been a key factor in driving BTC’s price action, with open interest reaching $23.9 billion on October 30, a significant uptick that indicated high market engagement.  However, in the past 24 hours, […]

Documents filed by Reddit with the U.S. SEC reveal that the social media platform has sold the majority of its cryptocurrency holdings in Q3 2024, including reserves held in Bitcoin and Ethereum. This marks a shift in strategy for Reddit, which previously held these assets for financial reserves. The move could indicate a cautious approach […]

The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.

New Coinbase earnings review reveals real picture of Bitcoin vs. Ethereum

If you need to sell Tether USDT for Euro cash in Marbella, Spain, use the usual electronic exchange mode. Such services can have several significant translations: the ability to convert stablecoins into euro for a fast rate, ensuring the most profitable operation; low commission for the service provided; the ability to spend both days and […]