The U.S. government is quietly pressuring Nigeria to release Tigran Gambaryan, a Binance executive detained in the country since February. Gambaryan has reportedly faced serious health issues while in custody, prompting calls for his release on humanitarian grounds. Humanitarian Concerns According to a New York Times report, two anonymous senior State Department officials revealed that […]

Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin’s rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe could further boost BTC and risk-on investments. Earlier this summer, Federal Reserve Chair Jerome Powell […]

Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Source: www.financemagnates.com Stablecoins are increasingly reinforcing the dominance of the U.S. dollar worldwide, particularly in regions where access to USD is limited. According to a recent report from Visa, Castle Island Ventures, and Brevan Howard Digital, stablecoin adoption is rising steadily, transcending the typical market fluctuations of cryptocurrencies.  In August alone, stablecoin transaction volumes reached […]

The United States Securities and Exchange Commission (SEC) has expanded its lawsuit against Binance. The updated legal filings now include a wider range of tokens, with Axie Infinity among those listed as securities. In the latest update to the SEC v. Binance lawsuit, the regulator has accused Binance and its US affiliate, BAM Trading, of […]

Mr. Trump said he would introduce the project on Monday, continuing his embrace of the crypto industry, a major source of political donations.

Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure […]

The Great Crypto Debate: Meme Coins or Altcoins? Who Will Win in 2024? In the cryptocurrency universe, there’s a lively debate between the worlds of meme coins and altcoins. Meme coins like Dogecoin add a splash of fun and the allure of sudden gains, attracting those who love a bit of risk and excitement. In […]

Hamster Kombat, one of the world’s most successful Web3 games, has announced that Binance will list its HMSTR token and will include the project as the 58th initiative part of its Launchpool structure. Hamster Kombat’s team also stated that HMSTR would have a total supply of 100 billion tokens instead of the already announced 10 […]

This is the key reason why Bitcoin has managed to reclaim the $60,000 level

[PRESS RELEASE – San Francisco, USA, September 13th, 2024] Alchemy, the leading web3 development platform, has officially partnered with Cross Finance, an innovative DeFi platform, to power dApp development on the CrossFi Chain. This strategic collaboration will also see Alchemy become a core development partner, enabling the building and scaling of dApps on the CrossFi […]

Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call to action to get out the crypto vote in the upcoming 2024 elections following previous […]

According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.

Cryptocurrency analyst and investor Jason Pizzino is highlighting a critical resistance level that Bitcoin (BTC) needs to overcome to potentially kick off a rally. Pizzino tells his 333,000 YouTube subscribers in a new video that if Bitcoin appreciates by around 6% from the current level, the flagship crypto asset could set up conditions for a […]

TL;DR Launch Date: Donald Trump’s cryptocurrency venture, World Liberty Financial, is set to launch on September 16, 2024, just ahead of the upcoming presidential election, marking a significant shift in his stance on digital currencies. Platform Features: World Liberty Financial will offer various DeFi services, including lending, borrowing, and staking, utilizing its native token, WLFI, […]

BlackRock predicts smaller Fed rate cuts than the market anticipates, due to ongoing inflation concerns. Asset managers continue high-risk investments, with significant crypto allocations despite market volatility. Market expectations contrast with BlackRock’s cautious outlook, with predictions of rates dropping to 3.5%. Meanwhile, Bitcoin ETFs are once again seeing positive net flows with only one day […]

(BBB) — If someone you met online starts telling you they have a great investment opportunity or encouraging you to buy cryptocurrency, …

XRP price rallied above the $0.5550 and $0.560 levels. It is now consolidating gains above $0.550 and might aim for more gains in the near term. XRP price gained pace for a move above the $0.550 resistance zone. The price is now trading above $0.550 and the 100-hourly Simple Moving Average. There is a new […]

Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative payment methods such as Osko and Pay ID. As a registered entity, Moonpay will comply with Australia’s AML/CTF […]

Elon Musk puts Dogecoin (DOGE) on radar as meme coin ready to skyrocket

OpenAI asserts that its latest model, OpenAI o1, is so advanced that they decided to “reset the counter back to one” when naming their AIs.

A widely followed analyst and trader is leaning bullish on an altcoin in the Ethereum (ETH) ecosystem while updating his outlook on three crypto assets. The trader pseudonymously known as Sherpa tells his 223,200 followers on the social media platform X that Aave (AAVE) is “still undeniably very strong” as the Ethereum-based decentralized finance (DeFi) […]

Massive 20,000x Gains on the Horizon for BlockDAG – New Soccer Partnership Leaves PEPE & FLOKI in the Dust  A lot is happening in the crypto world; some coins are falling while others are soaring. That’s the nature of crypto. PEPE continues to draw attention with its massive daily trades and locked liquidity in these […]

Ethereum’s price has been trending lower over the past few months but has found support at a critical level. Meanwhile, the market is yet to demonstrate a bullish shift. Technical Analysis By Edris Derakhshi The Daily Chart On the daily timeframe, the asset has recently been rejected from the $2,700 resistance level and has gradually […]

Sask. RCMP had investigated 116 files involving cryptocurrency fraud and note several scams are going on.

Dogecoin (DOGE), the leading meme coin in the crypto sphere, witnessed a notable uptick on Thursday, propelled by the influential backing of Tesla and SpaceX tycoon Elon Musk, a longstanding advocate of the digital asset.  Musk once again showcased his support for Dogecoin through a cleverly crafted social media post, triggering a surge in the […]

A widely followed crypto analyst believes one Solana (SOL) competitor may have more upside potential. Crypto trader Michaël van de Poppe tells his 724,900 followers on the social media platform X that layer-one blockchain Sei (SEI) may soar more than 46% from the current value by next month. “Altcoins are doing relatively well. SEI continues […]

A widely followed crypto analyst says the altcoin market could start breaking out if one key event occurs. In a new video, analyst Nicholas Merten tells his 509,000 YouTube subscribers that if Bitcoin (BTC) starts flipping resistance levels into support, altcoin rallies may start within the next few weeks. “We talked about one of two […]

TL;DR Critical Support Level: ARK Invest’s latest report emphasizes the importance of Bitcoin maintaining the $46,000 support level, marking a “make-or-break moment” for the cryptocurrency. Bearish Market Sentiment: Bitcoin has struggled with a nearly 9% decline in August and is no longer respecting classic bull market support levels, adding to investor concerns. Institutional and Positive […]

TL;DR Sky proposes to withdraw WBTC from its loans and collateral due to risks associated with BitGo’s custody of the asset. The recent redistribution of BitGo’s multi-sig keys to third parties has raised concerns about the security of the underlying BTC. The proposal coincides with the launch of Coinbase’s cbBTC, which could replace WBTC in […]

Swyftx’s annual survey has uncovered Australia still sits in the top ten countries for global crypto adoption, with around 20% of the population owning digital assets. The questionnaire also found that interest in crypto among Gen Z Aussies exploded through 2024, recording an 11% increase in ownership among that demographic. The survey also discovered that […]

Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris presidency. Regulatory concerns loom, but other factors, like U.S. […]