The drop in mining difficulty should spell relief for the largest mining firms.

Justin Sun, founder of Tron, a smart contracts-enabled blockchain, has announced that his team is developing a gas-free transaction solution for stablecoins. This means that stablecoin movement fees will be free for the users, with issuers having the opportunity to pay for these. The service is expected to be operational by Q4 and will be […]

You should steer clear of meme cryptocurrencies, according to crypto OG cited in Bitcoin whitepaper

A recent study on the cryptocurrency's global energy consumption found that the amount of power required to mine one Bitcoin has doubled since April's …

LayerZero (ZRO) is currently experiencing strong bullish momentum, positioning itself for potential new highs in the future. This sustained upward trend indicates growing investor confidence and increased market interest in the platform’s capabilities.  As ZRO continues to gain traction, technical indicators suggest that this momentum could drive the price to unprecedented levels. Traders and investors […]

Roaring Kitty fraud lawsuit voluntarily dropped, Ethereum Foundation email server hacked, and Circle becomes first MiCA-compliant stablecoin issuer.

Cryptoverse Buzzes as Top Investors Back $56.4M BlockDAG Presale; Tron and VeChain Updates Trend  In the cryptocurrency arena, BlockDAG, Tron, and VeChain are carving out significant niches, each offering distinct investment prospects. BlockDAG has ignited market interest with its presale success, accumulating over $56.4 million in 19 rounds out of a planned 45, showcasing strong […]

In the second quarter of 2024, Web3 user engagement hit an all-time high, with approximately 10 million daily unique active wallets (dUAW), marking a 40% increase from Q1. According to a July 4 report by blockchain analytics platform DappRadar, the unprecedented growth spanned various sectors of the decentralized application (DApp) industry, leading to an overall […]

UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees AI Revolutionizing Financial Interactions Artificial intelligence (AI) is reshaping the banking industry, with clients increasingly […]

Cryptocurrency analyst Jason Pizzino is warning that Bitcoin (BTC) is at risk of falling even further if a major support level crumbles. In a new video, Pizzino tells his 330,000 YouTube subscribers that the Bitcoin support level at around $44,600 must hold to avoid a collapse that could see the flagship crypto asset revisiting prices […]

The chief investment officer (CIO) of Bitwise Asset Management, Matt Hougan, is predicting a massive bull cycle for Ethereum (ETH) based on several factors. In a new interview with Scott Melker, Hougan says that spot Ethereum exchange-traded funds (ETF) could draw $15 billion within 18 months of their approval, which is expected soon. “So I […]

Wallets holding 10,000 Bitcoin (BTC) or more have reached their highest level of accumulation in last six years

The report, titled “How Cyber Criminals Target Cryptocurrency,” highlighted two primary objectives of cybercriminal threat actors: traditional fraud …

Although Bitcoin has reclaimed the $56,000 price level in the past few hours, its sudden drop below $54,000 on July 5 has reminded investors of the intense volatility associated with the market. In the larger timeframe, Bitcoin has been down by 7% and 20.25% in the past seven and thirty days, respectively.  While many crypto […]

Tron’s founder Jusin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level.

Best-selling finance author Robert Kiyosaki says that Bitcoin (BTC) is primed to have its biggest crash yet before enjoying a long-term bull cycle. In a lengthy thread on the social media platform X, the Rich Dad Poor Dad author says that patient investors will be rewarded with a multi-year bull cycle after the top crypto […]

Hamster Kombat picked up the baton from Notcoin, leading the next generation of Telegram crypto games while apparently amassing huge droves of players—more than 239 million, Telegram founder and CEO Pavel Durov claimed in early July, with millions more apparently joining daily. What’s driving players to the game, which pairs simple tapping gameplay with lightly […]

In Tseung Kwan O, Hong Kong, a 3-year-old boy was abducted from a shopping mall on July 3. Following the incident, the kidnappers demanded a ransom of 660,000 USDT, which is about HK$5.15 million. Hong Kong Kidnappers Demand USDT The boy’s parents were instructed to download the Telegram messaging app and purchase the USDT ransom […]

Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales were recorded, marking an 8.1% rise from the previous week. NFT Transactions Surge 45.57% as Weekly Sales Hit $109M NFT sales rebounded in the past seven days, climbing 8.1% to […]

In a dramatic 15-minute window from 8:00 to 8:15 UTC+8, the price of OKB, the native token of the second-largest offshore exchange OKX, experienced a sharp decline from $40 to a low of $30 before quickly rebounding to normal levels. This rapid fluctuation left many traders and analysts searching for answers. This isn’t the first […]

Ethereum (ETH) whales trying to repay their debts amid price fall

Treasury and IRS Release Final Regulations Regarding Reporting Requirements for Digital Asset and Cryptocurrency Transactions. Gregory Broome …

Bitcoin has recently exhibited resilience that has surprised many market spectators. Following a dismal drop to a 24-hour low of $53,898, Bitcoin clawed its way back above the $56,000 mark, up 1.6% in the past hour. This rebound has been catalyzed by the latest US NFP report revealing a surge in the unemployment rate, which […]

The Bitcoin price correction provides strong opportunity for ETF investors to buy the dips.

A notorious hacker has successfully breached a major US bank, stealing sensitive customer information from a long list of financial firms in the process. The Tennessee-based lender Evolve Bank & Trust says the Russian-linked ransomware gang LockBit has hacked its system and appears to have stolen most of its personal banking customers’ names, Social Security […]

The High Court of the United Kingdom is freezing the assets of computer scientist and businessman Craig Wright, according to new legal documents. The court issued a worldwide freezing order (WFO) upon the request of podcaster Peter McCormack with the aim of recouping his legal fees incurred when Wright sued him for defamation. McCormack tells […]

New research from cybersecurity firm SlowMist reveals that the Ethereum (ETH) ecosystem has lost $400 million in exploits year-to-date as the number of crypto hacking cases sees a 50% rise. According to SlowMist’s 2024 mid-year report, the second largest digital asset by market cap saw the most funds lost due to exploits as an ecosystem, […]

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Bitcoin even after BTC broke the $60,000 psychological level. The analyst pseudonymously known as Credible Crypto tells his 402,400 followers on the social media platform X that he believes the Bitcoin bull market structure remains intact. According to the analyst, Bitcoin is still […]

It’s safe to say that the cryptocurrency market went through a lot during the past couple of days, with prices tumbling to levels not seen since February. It appears that the bulls are now attempting a comeback or, at the very least – a slight recovery. Bitcoin Price Increases Above $56K At the time of […]

As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several […]

Dogecoin price crash triggers major sell-off from whales

Should you decide to invest in cryptocurrency or in any other investment, you should always obtain appropriate financial advice and only invest what …