Following the monthly breakdown, which later turned false due to a sudden price recovery, Solana traded back in a five-month range and stayed indecisive since last week. Now negotiating the next major move. Since Sol saw a quick recovery back in a range earlier this month, it failed to advance bullish due to a rejection. […]

TL;DR Pi Network is advancing towards the deployment of the mainnet, with millions of users migrating, but the exact launch date is still unclear. Users must complete KYC by September 30, 2024, with further details expected in an upcoming talk show. What’s New? Pi Network is a crypto project that aims to enable users to […]

The Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone, a decentralized payment infrastructure company, to improve its payment services. NIBSS will use Zone’s blockchain technology to streamline its Payment Terminal Service Aggregation (PTSA) operations. Both NIBSS and Zone believe that blockchain technology can revolutionize the financial sector and enhance regulatory oversight. NIBSS Enhances Payment […]

US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional demand for regulated Bitcoin exposure. BlackRock’s iShares Bitcoin Trust (IBIT) let the days inflow with $75.5 million. Launched in April 2024, IBIT has quickly become […]

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.

The Asia-Pacific (APAC) region is at the forefront of the global financial service industry’s growth, where traditional finance (TradFi) intersects with the burgeoning world of digital assets. As crypto, blockchain technology, and decentralized finance (DeFi) continue to gain traction, the market structure in APAC is undergoing significant transformation. This growth presents the perfect segue to […]

Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among supporters. Amid this, another bullish prediction has been presented by crypto analyst Alan Santana, […]

Speaking at a conference in Jackson Hole on Thursday, Governor Mark Gordon revealed the state is working on its own stable token or stablecoin …

Anthony Scaramucci views Bitcoin as an early technology with potential to become a store of value. He highlights the significant cost reduction in financial transactions that crypto technologies could achieve. Jenny Johnson, echoing Scaramucci, emphasises her focus on digital assets and disruptive technologies, noting Wall Street’s lack of engagement. Both highlight the underestimation by traditional […]

Vitalik Buterin has responded to a question on X / Twitter about Ethereum’s alleged weakness by laying out a laundry list of the ecosystem’s recent improvements, insisting Ethereum’s fundamentals are “crazy strong”. Buterin focussed on lower transaction costs, the maturation of layer-2 networks and advancements around zero-knowledge tooling, long-term security and decentralisation. Despite these strong […]

‘If Bitcoin isn’t the answer, you’re asking the wrong question,’ Michael Saylor

Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.

TL;DR Market expectations of a potential rate cut by the Federal Reserve have driven up the prices of several cryptocurrencies. The price of Bitcoin (BTC) rose by 1.7% to $61,500 and briefly exceeded $62,000 following Jerome Powell’s comments about a potential interest rate cut. Ethereum (ETH) and Solana (SOL) also saw increases, with ETH rising […]

TL;DR Charles Hoskinson criticized the U.S. political and economic system, releasing a video proposing a shift towards decentralized governance. Hoskinson questioned the current political system’s ability to address serious issues and criticized the Democratic National Committee for blocking third-party candidacies. He plans to organize a global assembly to draft a new constitution that serves as […]

As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and crypto payroll platform Bitwage announced it now serves over 4,500 registered companies and 90,000 registered users that leverage its services […]

Top 5 Cryptos to Monitor in 2024: Avalanche, Tron, Toncoin, Cardano, & BlockDAG The crypto market is continuously evolving, and some projects really stand out with their cutting-edge features and growth potential. Let’s delve into the top 5 cryptos to keep an eye on in 2024: Avalanche, Tron, Toncoin, Cardano, and BlockDAG. From Avalanche’s rapid […]

The business week ends with high levels of volatility as bitcoin’s price soared to almost $64,000 for the first time since the start of the month. This rally, which was mostly mimicked by the altcoins, was possibly fueled by the latest developments on the US front and its central bank in particular. CryptoPotato reported earlier […]

A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in late 2024 or early 2025. This pessimism comes despite the CBN injecting millions into the forex market. The naira’s depreciation has fueled inflation, sparking protests. While most businesses are pessimistic about the naira’s immediate future, […]

Bybit has released its inaugural report on The Open Network (TON) ecosystem. This report provides an update on TON’s efforts to integrate nearly one billion Telegram users into Web3. The report outlines TON’s approach to ecosystem development, which includes a collaboration with Telegram. This partnership aims to boost adoption through a range of casual games […]

Crypto analyst @XForceGlobal shared a new video chart analysis focused on Cardano (ADA), a cryptocurrency that many are dismissing as a “dinosaur coin” at the moment. In the analysis, XForceGlobal (@XForceGlobal) provided an in-depth look at Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the of entering a strong upward […]

With the rise of the cryptocurrency market, AI offers new opportunities in addressing the complexity and volatility inherent in digital assets. As the …

The AMOS stealer targeting Mac users can now clone Ledger Live software and may soon clone other wallet apps, warns cybersecurity firm Moonlock.

The permabull believes that Bitcoin could be on track to replace gold

A group of investors have launched a class action lawsuit against Binance and its former CEO Changpeng Zhao (CZ) claiming the exchange allowed thieves to launder their stolen assets by failing to implement proper anti-money laundering protections. The investors allege that if not for Binance providing a platform for criminals to easily launder stolen assets, […]

After reaching new all-time highs earlier this year, Bitcoin has entered a multi-month period of choppy price action, leading many to wonder if the bull cycle is over. In this article, we dive deep into key metrics and trends to understand if the market is just cooling off or if we’ve already seen the peak […]

HodlX Guest Post  Submit Your Post   Amid soaring inflation rates that continue to impact the cost of living, it’s impossible to know for certain when inflation will slow down. Until then, populations continue facing significant financial strain while grappling with the rising cost of living. Given these circumstances, it’s clear that not everyone can afford […]

A widely followed analyst and trader who accurately predicted the 2018 Bitcoin (BTC) bottom is expressing bullish sentiment on a top-10 crypto asset by market cap. The analyst and trader pseudonymously known as Bluntz tells his 269,700 followers on the social media platform X that BNB has a bullish-looking chart on the weekly time frame. […]

TL;DR Ethereum ETFs Face Record Outflows: Spot Ethereum ETFs in the U.S. saw their longest outflow streak since inception, with $92.2 million withdrawn from August 15 to August 21, raising concerns about market confidence. Grayscale Leads Withdrawals: The Grayscale Ethereum Trust (ETHE) was a major contributor, with $158.6 million in outflows, overshadowing inflows into other […]

The Dencun upgrade in March 2024 was a significant milestone for Ethereum, but it also brought about unforeseen challenges, particularly for Layer 2 networks. Christine Kim, a researcher at Galaxy, highlighted that this upgrade inadvertently led to an increase in transaction failures across these networks. Ethereum’s Layer 2 Networks Face Challenges Kim’s August 21 analysis, […]

The global cryptocurrency exchange Bitget has partnered with KoinX, a renowned provider of crypto tax reporting solutions. This collaboration aims to enhance how Bitget users manage their tax obligations and help them better comply with local regulations. Alliance to Simplify Compliance According to the official statement, the partnership between Bitget and KoinX could have tax-related […]

The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its […]

The last 48 hours mark the most volatile session in the market since Avalanche started to recover two weeks back. It appeared strong on the week but bias remains bearish on the monthly scale. Last week’s trading was painful as Avax briefly turned weak after posting small gains from the monthly low. However, things turned […]