Cryptocurrency analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC). Svenson tells his 79,000 YouTube subscribers in a new video that Bitcoin is primed to see “continued upside, a continued recovery.” “The reason why is because the stock market is bouncing right back.” Source: Kevin Svenson/X According to Svenson, the S&P 500 […]

TL;DR New Update: dYdX Chain will launch the dYdX Unlimited upgrade this fall, allowing for market listing without governance approval. MegaVault: MegaVault, a liquidity pool, is introduced that will allow users to deposit USDC to provide liquidity and share in protocol revenue. Affiliate Program and Permissioned Keys: An affiliate program with significant rewards will be […]

Cryptocurrency exchange giant Binance has agreed to pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission (CVM) as a settlement for an investigation into its unauthorized derivatives trading in the country, Coindesk reported. Binance’s Regulatory Struggles in Brazil CVM initiated the investigation into Binance’s operations in July 2020, accusing the company […]

The latest prominent change is the rise of cryptocurrency. Many online betting sites have embraced cryptocurrencies such as Bitcoin, providing new …

On Wednesday, the crypto market experienced a wave of volatility as news broke that the US government had transferred a significant amount of Bitcoin seized from the infamous Silk Road marketplace to the Coinbase exchange. Massive Silk Road Bitcoin Influx To Coinbase According to on-chain data tracker Arkham, the US government recently moved 10,000 Bitcoin […]

A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks.

Glassnode’s report reveals a robust accumulation trend among Bitcoin HODLers, with the ATS reaching 1.0, signalling a shift from selling to holding. Long-term HODLers are increasingly retaining their assets, with a notable transition of 374,000 BTC to LTH status amid ongoing market fluctuations. Analyst Miles Deutscher anticipates a market upturn in Q4/Q1 after a period […]

Australian crypto analyst Michael Pizzino’s latest video touches on the current crypto market, which he believes is in a 50/50 consolidation/accumulation phase. Several contrasting signals demonstrate that Bitcoin could trend in either direction in the short term. The popular Fear and Greed Index is reading “Extreme Fear”, often a harbinger of a trend reversal.  At […]

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massive […]

MicroStrategy chairman pitches Bitcoin standard to miners

A widely followed crypto analyst believes that Ethereum (ETH) may have reached a market bottom against Bitcoin (ETH/BTC). In a new video update, crypto strategist Benjamin Cowen tells his 807,000 YouTube subscribers that ETH/BTC may have reached the cycle low at 0.04 BTC. However, he warns that based on historical precedence, there’s a chance that […]

Did you know that some cryptocurrency projects have vesting schedules where tokens are unlocked daily, often flying under the radar? This quiet but constant release of tokens can lead to significant inflation in the market, frequently going unnoticed by many investors. Let’s examine a few tokens that use a daily unlock mechanism: – Worldcoin ($WLD): […]

Just when it looked like the meme coin craze was cooling off, along comes Pepe Unchained. This new Layer-2 project has raised over $8.7 million during its presale – leaving investors scrambling to get a piece of the Pepe Unchained (PEPU) action. Pepe Unchained – The Lightning-Fast Layer-2 Network for Meme Coins So, what’s all […]

Binance, a virtual digital assets (VDA) infrastructure provider, has registered as a reporting entity with India’s Financial Intelligence Unit (FIU-IND). This marks Binance’s 19th global regulatory milestone. India Ranks High Globally The registration highlights Binance’s focus on complying with anti-money laundering (AML) standards in India and internationally. According to Chainalysis’ 2023 Global Crypto Adoption Index, […]

New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line.

TL;DR Donald Trump-linked memecoins have plummeted following his interview with Elon Musk and Kamala Harris’s positive advance in the polls. The Kamala Harris-inspired memecoin, KAMA, has experienced a 16% increase over the past week. Although Kamala Harris has not publicly confirmed her support for cryptocurrencies, rumors about private meetings with experts in the sector are […]

Worldcoin cryptocurrency project initiates basic universal income distribution in Ecuador. BCE designates US dollar as the sole legal tender in …

Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community.  The new Sonic Labs is poised to continue Fantom’s legacy as […]

Liquidators of the failed crypto hedge fund Three Arrows Capital (3AC) are reportedly seeking $1.3 billion from Terraform Labs, the bankrupt stablecoin firm co-founded by Do Kwon. According to a new report by Bloomberg, the liquidators filed a claim in the U.S Bankruptcy Court for the District of Delaware seeking funds 3AC allegedly lost as […]

A widely followed crypto analyst is laying out a scenario where Bitcoin (BTC) could dip back down below $50,000. In a new strategy session, crypto trader Michaël van de Poppe tells his 723,000 followers on the social media platform X that the crypto king could crash to $48,000 if its current support level falls apart […]

Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion. The investment is expected to improve economic conditions in countries like Kuwait, Bahrain, […]

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The Mt. Gox repayment plan, initiated earlier this year, might finally be drawing to a close after more than ten years. A wallet associated with Mt. Gox sent over US $2b worth of Bitcoin to an anonymous wallet, which data analysts Arkahm Intel believe belongs to exchange BitGo. BitGo is one of five exchanges tasked […]

Texas-based Bitcoin mining company Core Scientific has announced the pricing of its increased offering of $400 million in 3.00% convertible senior notes due in 2029. The initial size of the offering was $350 million, which has been upsized due to favorable market conditions. Scheduled to settle on August 19, 2024, the notes will be issued […]

The State of Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new SEC filing today, as first reported on X by MacroScope.  In an SEC filing today, the State of Wisconsin Investment Board reported owning 2,898,051 shares of the iShares Bitcoin Trust as of June 30 (valued at […]

44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief.

In a major move within the Blast Network, two addresses—likely controlled by the same whale—recently redeemed 6,197 ETH from the Blast cross-chain, transferring the entire sum, valued at $17.04 million, into Binance within the last hour. This whale, known for their significant contributions to the Blast ecosystem, initially invested 39,886.1 ETH during Blast’s launch, an […]

Cryptocurrency exchange Bitget has announced the appointment of Hon Ng as its new Chief Legal Officer (CLO). The move comes as the company seeks to strengthen its regulatory compliance and global expansion efforts. Bitget Bolsters Legal Team Ng, a seasoned legal professional with over two decades of experience, joins Bitget from Binance, where he served […]

A leading pro-cryptocurrency political group has dumped millions of dollars into high-profile Michigan and Arizona Senate races to back Democrats …

Dogecoin has certainly dipped quite far from its highest point so far this year. While this sideways movement and a recent correction have lingered on for quite some time, the price action is a reflection of the wider crypto market movement. However, DOGE continues to attract bullish opinions among traders. Its popularity and status as […]

New filings reveal that financial services titan Goldman Sachs is holding hundreds of millions of dollars worth of spot market Bitcoin (BTC) exchange-traded fund (ETF) holdings. According to new Form 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), banking giant Goldman Sachs holds $418 million worth of BTC ETF shares. Other blue-chip […]

Coinbase wants the U.S. Securities and Exchange Commission (SEC) to produce documents related to its regulatory decision-making processes surrounding several digital assets. The top US crypto exchange has asked a judge to order the regulator to search for and produce documents related to its previous communication with crypto issuers. Coinbase also argues that the SEC […]