TL;DR Increasing Centralization in Bitcoin Mining: Recent studies have raised concerns about the growing centralization of Bitcoin mining, with one entity controlling nearly 47% of the network hashrate. This trend towards oligopoly is driven by changes in reward distribution by mining pools. Economic Implications of Centralization: The BitMEX Research team created a model to examine […]

Hong Kong’s newly launched Bitcoin and Ethereum ETFs saw modest initial trading volumes on the first day of trading. Eric Balchunas highlighted that when adjusted for market size, these figures would equal billions if in the US market. Pav Hundal reminded naysayers that it’s early days and these ETFs are set to enhance global cryptocurrency […]

The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken …

The world witnessed unprecedented power grabs and supply chains disruptions over the past couple of years. The almost perfect alignment between big government, big banks and corporations should be a serious cause for concern across the agricultural sector. These moves represent no less than the most serious threats to our freedom and survival as businesses, […]

The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April.

Top 5 Crypto Presales For 2024: BDAG, DOGEVERSE, 99BTC, 5SCAPE, And SPONGE Within the land of crypto, the race for innovation and sustainable growth is intense. Amidst this competition, BlockDAG has emerged as a leader, raising an impressive $21.7 million during its presale, showcasing its potential to revolutionize blockchain technology. This article delves into the […]

The top US crypto exchange Coinbase has announced that a stablecoin pegged to the Canadian dollar could soon be trading on its platform. Announcing via the social media platform X, Coinbase says it’s adding QCAD to its listing roadmap, which alerts customers that the company could soon add support for certain assets. QCAD was relaunched […]

Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives that merge tech and human potential. Tether Dabbles in Biotech, Acquires $200 Million […]

Is it possible to see upward move of Bitcoin (BTC), Ethereum (ETH) or XRP soon?

As April comes to a bearish close, expectations for Dogecoin in May are not exactly bullish, especially as the crypto market has continued to fall. DOGE has been one of the main losers during this time, falling below $0.14. This underperformance is expected to continue as the machine learning algorithm at CoinCodex predicts further decline […]

The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.

The trading day continues in an even more painful manner for bitcoin as the primary cryptocurrency took another hit and slumped to its lowest price position in over two months of under $59,300. The altcoins’ situation is worse, with ETH dropping below $3,000, SOL dumping by 8%, and a few double-digit price declines. Bitcoin/Price/Chart. Source: […]

MultiBank.io, the cryptocurrency exchange division of the esteemed MultiBank Group, is on the brink of transforming the cryptocurrency trading …

Major global bank Standard Chartered believes the Bitcoin price could see further downside to around $50,000, according to recent comments. Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, told The Block: “BTC’s proper break below $60,000 has now reopened a route to the $50,000-52,000 range.” As of writing, Bitcoin is trading under […]

TL;DR Coinbase integrates the Lightning Network for faster and cheaper transactions with Bitcoin. Coinbase users will be able to choose between the Bitcoin mainnet and the Lightning Network. The integration is done in partnership with Lightspark to improve the accessibility and efficiency of cryptocurrency payments. Coinbase, a leading cryptocurrency exchange, has taken a significant step […]

Bitcoin briefly dipped below US$60k due to inflation fears and market volatility, but quickly recovered as ‘buy the dip’ sentiment increased. The launch of Bitcoin and Ethereum ETFs in Hong Kong had an unimpressive start, yet their long-term impact on crypto adoption remains significant. Upcoming Federal Reserve and RBA meetings could influence market directions, amid […]

An anonymous big-money trader has moved over USD $75M worth of ETH into a Coinbase institutional account. The transaction comes just weeks after several multi-million dollar transactions involving Bitcoin were also settled. Interestingly, Ethereum has struggled as of late, fuelling speculation as to why the whale decided to move such a large chunk of their […]

The U.S. Department of Justice (DOJ) is pushing back against a Tornado Cash founder’s efforts to have his charges dismissed. Tornado Cash is an Ethereum (ETH)-based coin mixing system that helps users conceal their digital assets. The US sanctioned the controversial project 2022 for national security purposes. One of its founders, Roman Storm, was arrested […]

BlockDAG’s X100 Miner Sales Steal Spotlight From Shiba Inu Token Burn & BNB Price Surge As Shiba Inu’s burn rate surges post-upgrade and Binance Coin aims for a new high of $700, BlockDAG unveils its revolutionary X100 miner. This cutting-edge mining device boasts an impressive hash rate while consuming minimal power, marking a significant advancement […]

The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to a market preference for debt-based, high-yield […]

Increase in key whale measure follows price rebound for Shiba Inu

In a significant development for the crypto industry, Changpeng Zhao, commonly known as CZ, the founder of Binance, the world’s largest cryptocurrency exchange, has been imprisoned for four months.  The sentencing follows his guilty plea to charges related to enabling money laundering activities within his crypto exchange. The verdict was delivered in Seattle federal court […]

The country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance.

New York Woman Gets 18 Years for Funding Terrorism With Cryptocurrency. Prosecutors said Victoria Jacobs sent funds to Bitcoin wallets controlled by a …

Bitcoin and crypto exchange Coinbase has integrated Bitcoin’s Lightning Network, enabling faster and cheaper BTC transactions for its users in the United States (with the exception of New York).  As the largest Bitcoin exchange globally by users, trading volume, and custody of assets, Coinbase’s adoption of Lightning is a major win for the Bitcoin scaling solution. […]

Abra cofounder and CEO Bill Barhydt is predicting a $50 trillion digital asset market capitalization within a decade due to one main catalyst. In a new interview with Anthony Pompliano, the head of the crypto wealth management platform says that the tokenization of real-world assets (RWAs) has the potential to send the crypto market cap […]

A griefing attack on the Bitcoin testnet recently caused a surge in network activity, resulting in the generation of over 165,000 blocks, equivalent to three years’ worth of blocks in just one week. The attacker, Jameson Lopp, co-founder and Chief Security Officer of Casa, publicly took credit for the incident, facing backlash from other Bitcoin […]

TL;DR Following the launch of Renzo Protocol’s REZ token and its listing on Binance, the token’s price plummeted, losing 35% of its value. The initial market capitalization was $289 million, with a trading volume of $75 million in the first hour. The sudden drop in the price of ezETH triggered a wave of sales. After […]

TL;DR Kamino Finance’s KMNO token debuts with 70% drop in price. Controversies and changes to the airdrop process. Significant decline in the protocol TVL since March. The recent market entry of Kamino Finance‘s KMNO token has been tumultuous, marked by a steep drop in its price of 70%. Starting at $0.11, the token quickly plummeted […]

Neuner’s video suggestively titled about leaving crypto actually sets the stage for his participation in a debate in Miami. The debate, featuring industry giants like Scaramucci and Schiff, will explore if cryptocurrency is a revolutionary financial engine or just a bubble. Neuner also discusses BTC’s future based on technicals and the macro picture. Stop what […]

Following the completion of the Bitcoin halving, the crypto industry is filled with several projects with the potential to help investors generate massive yields on investment. However, it’s imperative for investors to carefully sift through this flurry of assets to know which one suits them best. That is why this article will discuss six crypto […]

Binance’s Founder, Changpeng Zhao, has been sentenced to four months in prison after pleading guilty to charges related to allowing money laundering on the cryptocurrency exchange, the Financial Times reported. The sentence, handed down in a Seattle federal court, marked a significant development in the ongoing legal battles involving Binance and Zhao. Plea Deal and […]