Retail interest in crypto is low due to past burns and macroeconomic concerns.  Miles Deutscher argues that sectors like crypto gaming and RWAs, along with a successful app, could revive retail interest. AI and potential big projects like the ASI merger could attract new investors, challenging the notion that all crypto is a scam. Retail […]

The European Securities and Markets Authority (ESMA), the EU’s financial watchdog, is reviewing whether to allow Bitcoin into the region’s €12 trillion mutual fund market. JUST IN: 🇪🇺 EU Securities Authority is exploring adding #Bitcoin and Crypto exposure to the €12T investment market. EU is gearing up 🙌 pic.twitter.com/kVYZrrEFCx — Bitcoin Magazine (@BitcoinMagazine) May 9, 2024 […]

A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital assets from political candidates ahead of the 2024 elections. […]

SEC Chairman Gary Gensler recently made some comments regarding crypto industry

HodlX Guest Post  Submit Your Post   The UX problem in Web 3.0 and GameFi has no one-size-fits-all solution. It is a sophisticated and interconnected issue – otherwise, we would have seen it solved many years ago. Indeed, Ethereum has done a great job in lowering its transaction fees and increasing throughput. Similarly, layer-two solutions introduced […]

MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index […]

The company FTX said it's looking to finalize a recovery plan through bankruptcy court.

Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each […]

Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.

BlockDAG’s 30,000x ROI Forecast Secures Its Spot Among the Top 4 Cryptocurrencies for Max Returns, Alongside DOGE and FLOKI As we experience a bullish trend in the cryptocurrency market, BlockDAG, KangaMoon, Dogecoin, and Floki Inu are leading the race with their promising financial prospects. BlockDAG is at the forefront with innovative technology and a successful […]

Bankrupt cryptocurrency exchange FTX plans to repay 98 percent of its creditors up to 118 percent of their claims in cash, an announcement yesterday (Tuesday) detailed. Only creditors with $50,000 or less in claims will be eligible to receive the claims under this plan, which is expected to be fulfilled within 60 days of court […]

Originally posted on Medium. In the context of bitcoin, “normie” means something like “don’t know, don’t care.” And “normie” comes from “normal.” In other words, normal people don’t care about bitcoin, at least not enough to use it. Lack of exposure is not the problem. Bitcoin now regularly appears in the headlines of mainstream media, […]

A widely followed crypto analyst and trader is expressing bearish sentiment on a top-50 memecoin by market cap. The analyst pseudonymously known as Bluntz tells his 258,100 followers on the social media platform X that dogwifhat (WIF), which is built on the Solana (SOL) blockchain, could drop by around 66% from the current level. According […]

The widely followed analyst Benjamin Cowen is saying that Ethereum (ETH) is at risk of facing more downside over the coming months. In a new video, Cowen tells his 801,000 YouTube subscribers that monetary policy is likely to negatively affect Ethereum. “I think that ETH/USD is still facing some headwinds here, especially following the potential […]

US Presidential candidate Donald Trump came out in support of cryptocurrency during a special event for Trump NFT holders at his Mar-a-Lago resort in Florida late Wednesday. The embattled former U.S. President and 2024 hopeful lamented that crypto companies are fleeing America. “Crypto is moving out of the U.S. because of hostility towards crypto,” Trump […]

The post Trump Says He’s ‘Good With’ Bitcoin and Crypto, Claims Biden Doesn’t Understand Digital Assets appeared first on Crypto News Australia.

A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the research paper identifies 15 opportunities for CBDC, only four are said to offer “high potential benefits and limited alternative choices to obtain similar advantages.” Research Paper Identifies 15 CBDC Opportunities […]

Early Bitcoin investor Keiser says he expects BTC to reach $220,000 after ‘God candle’ occurs

A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing by the US Securities and Exchange Commission (SEC) revealed that the application for the Grayscale Ethereum Futures Trust ETF, filed by NYSE Arca, Inc. in […]

As the cryptocurrency landscape continues to evolve, these contracts offer a glimpse into the future of investing and the growing accessibility of …

Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in […]

Donald Trump says he helped make “NFTs hot again” and even dissed his own political rival’s unofficial meme coin — sending it and his respective meme coin soaring.

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks American crypto investors aren’t receiving enough information about most digital assets. The SEC recently sent out a Wells Notice to Robinhood’s crypto arm, alerting the retail trading giant that it’s planning to pursue legal action against them. In a recent interview with CNBC, Gensler says […]

Tradu, a multi-asset trading platform, has announced the launch of a new cryptocurrency exchange aimed at catering to active traders and investors seeking low, transparent fees. The platform, which is part of Stratos Group International, LLC, a subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), boasts a selection of over 40 coins, including popular options […]

Ordinal Derangement Syndrome (ODS) is a real phenomenon. As a neutral observer from Bitcoin Magazine, I aim to address the misconceptions and dismissive attitudes toward Ordinals in the Bitcoin community, revealing the overlooked complexities and potential within what I term ‘Ordinal Derangement Syndrome’ (ODS). ODS emerges as a significant phenomenon within a segment of the […]

TL;DR Lagrange Labs secures funding of $13.2 million, led by Founders Fund and supported by major investors and partners. The financing will boost the development of the ZK Hyperparallel Coprocessor and State Committee products, in addition to expanding its project ecosystem. The Company has evolved towards innovative solutions based on zero-knowledge proofs and verifiable computing. […]

BlockDAG’s 25th Dev Release: Pioneering Crypto Mining with X1 Miner App & Potential 30,000x ROI BlockDAG is spearheading a revolution in the cryptocurrency domain by blending Directed Acyclic Graph (DAG) technology with traditional blockchain frameworks, ensuring enhanced scalability and security. This innovation is highlighted by the latest Dev Release 25 amid a robust 30,000x ROI […]

The Ghana Post Company recently launched what it termed the first-ever crypto stamp to commemorate the 25th anniversary of the reign of a ceremonial ruler in Ghana. The managing director of the Ghana Post Company asserted that the crypto stamps would act as a bridge, linking the older and younger generations of Ghana. Crypto Stamp […]

Massive amount of PEPE meme coins exits Binance to new cryptocurrency wallet

CryptoQuant notes a decline in Bitcoin supply on exchanges, potentially pushing prices up as demand persists. Prominent Bitcoin advocate Max Keiser predicts a major price surge, citing a supply-demand shock. Despite the bullish sentiment, reduced exchange traffic and cooling retail interest suggest a complex market sentiment. According to CryptoQuant, supply for Bitcoin on exchanges is […]

Thanks to the strong performance of the crypto market, as well as holdings in prominent AI companies, FTX has liquidated approximately US$16B worth of assets. This is more than enough money to pay back the US$11M owed to creditors after the exchange’s November 2022 collapse. However, investors are set to be paid in cash value […]

In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers.  The announcement has sparked a substantial surge in the exchange’s native token, FTT, which recorded an uptrend of 52% over the past seven days, reaching a monthly high of $2.29 during Wednesday’s early trading session. […]