The Solana memecoin frenzy has made many investors score a home run or be out of the game this cycle. Traders are looking for new projects that could be the next hit while the market enters a new re-accumulation phase. Solana Memecoins’ New Strike Memecoins have been the narrative of this bull cycle. As a […]

Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws.

The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your Customer (KYC) procedures implemented by these firms. Fintech […]

A top analyst predicts that Ethereum will be overshadowed by Bitcoin in Hong Kong’s ETF race

Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to money-laundering violations.

Remember that movie where Sandra Bullock crosses the entire country blindfolded because peaking outside means you’re basically facing a certain death? That must be how it feels to build anything in Bitcoin right now. Everyone is just moving blind. The United States government is taking everyone along for the ride and no one knows where […]

Cryptocurrency analyst and trader Ali Martinez is saying that blockchain oracle Chainlink (LINK) possesses upside potential based on the readings of one indicator. Martinez tells his 60,600 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator is “flashing” a bullish signal for LINK on the 12-hour chart. The TD Sequential […]

On April 30, Ripple announced a partnership with HashKey Group, furthering its collaboration with financial services giant SBI Group. The joint venture with HashKey DX, a Tokyo-based specialized consulting company of the HashKey Group, aims to introduce XRP Ledger (XRPL) enterprise solutions to the Japanese market. HashKey DX will deploy supply chain finance solutions to […]

The former Head of Crypto Operations at Revolut, Ruslan Fakhrutdinov, has launched a cryptocurrency exchange with an investment of $6.5 million. Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and Cyber Fund are some of the investors in the new exchange dubbed X10. Self-Custody and On-Chain Settlement According to the press release, executives from Revolut and […]

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.  Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when […]

The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.

TL;DR MicroStrategy acquired $1.65 billion in Bitcoin in the first quarter, raising its total holdings to $13.6 billion. Bitcoin has experienced significant growth, attributed in part to institutional interest and the launch of Bitcoin ETFs. Michael Saylor maintains that investing in MicroStrategy is a way to invest in BTC. MicroStrategy, the business intelligence company led […]

TL;DR Innovative Proof System: Vitalik Buterin introduced Binius, a new proof technology using binary fields to improve the efficiency of zero-knowledge proofs in blockchain applications. Enhanced Cryptography: Binius aims to reduce computing loads and speed up transactions on blockchain networks, which could significantly impact the costs and speeds associated with current cryptographic methods. Potential for […]

MVRV and OI-weighted funding rate indicate a promising entry point for Bitcoin, despite no guarantee that US$59,675 is the bottom. If Bitcoin tests support levels repeatedly, it may weaken; breaking above US$71k could signal strength and reverse the trend. Rising PCE, PPI, and CPI challenge the Fed to balance recession prevention with inflation control, impacting […]

EnergyWeb speculated to collaborate with Blackrock and Temasek, catching analyst Miya’s attention. Noteworthy engagements include EnergyWeb’s participation at Blackrock’s summit and a joint venture focusing on sustainable technologies. Despite potential and rising interest, Miya advises caution due to the speculative nature and volatility of crypto markets. Small but noteworthy altcoin Energy Web Token (EWT), managed […]

The cryptocurrency market is going wild over Algotech (ALGT), a decentralized algorithmic trading platform on presale that has been able to catch the attention of many. Having raised more than $4 million in stage 3rd of fundraising, Algotech has positioned itself as a strong contender against Uniswap and BNB (Binance Coin). By using advanced artificial […]

Cobra, the pseudonymous owner of the Bitcoin.org domain, has voiced concerns about future actions from the U.S. government regarding bitcoin ownership. He anticipates a possible ban on the self-custody of bitcoin even when its application and enforcement might be impractical. Bitcoin.org Owner Cobra: Bitcoin’s Self-Custody Might Be in Danger in the U.S. Cobra, the pseudonymous […]

MicroStrategy’s latest financial report sheds light on its Bitcoin journey, revealing both successes and setbacks

The cloud division of one of the biggest companies in tech is teaming up with blockchain project Sui (SUI) to help build a more user-friendly, safer and smarter Web3. In a new announcement, Google Cloud says it is partnering with Sui to focus on improving Web3 security, scalability, developer tools and user experience through artificial intelligence (AI) technology. The collaboration […]

Crypto analytics firm Santiment thinks that Ethereum (ETH) and altcoins related to the top smart contract platform will leave many traders on the sidelines. Santiment says it is keeping a close eye on Ethereum’s average transaction fee, which nosedived to its lowest level since October 18th, 2023. According to the analytics firm, the slumping gas […]

Changpeng Zhao, founder of cryptocurrency exchange Binance, was sentenced to four months in prison after pleading guilty to money-laundering …

Roger Ver, a prominent early investor in Bitcoin and famously dubbed “Bitcoin Jesus,” has been indicted by the Department of Justice (DOJ) on charges of mail fraud, tax evasion, and filing false tax returns. Ver was arrested over the weekend in Spain based on these criminal charges, and the U.S. intends to seek his extradition […]

[PRESS RELEASE – Palo Alto, California, April 30th, 2024] Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools and zero-knowledge proofs Sui, the Layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is collaborating with Google Cloud […]

May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant contributions from other projects are set to channel over $3 billion into the sector. Substantial Crypto Releases Set the […]

Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom.

Ripple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions. This strategic partnership will leverage Hashkey DX’s expertise to develop and implement these solutions, in collaboration with SBI Ripple Asia—a […]

The cryptocurrency market’s state raises some dangerous questions

TL;DR Sui and Google Cloud collaborate to drive innovation in Web3. The focus is on improving security, scalability and development tools. Initiatives such as data for dApps, AI development and seamless user experience are highlighted. The recent collaboration between Sui blockchain and Google Cloud has garnered attention in the world of cryptocurrencies and blockchain technology. […]

MicroStrategy has reported a Q1 operating loss of US$53.1 million, largely due to a US$191 million impairment charge on its Bitcoin holdings. Current digital asset accounting standards can lead to significant undervaluing of digital assets, resulting in large losses on paper. A new accounting standard comes into effect in January 2025, which will allow companies […]

Spot Bitcoin and Ethereum ETFs set to launch in Hong Kong on Tuesday, aiming to surpass US$125 million in first-day trades. Despite reduced access by mainland Chinese investors, projections are high with potential inflows reaching US$1 billion in two years. The in-kind ETF model in Hong Kong may triple uptake compared to the US, drawing […]

The convergence of Artificial Intelligence and blockchain technology has ignited a wave of innovation with Raboo at the forefront. Investors with a history of success in groundbreaking projects like NEAR Protocol and Bittensor are bullish on Raboo, which is currently priced at $0.0042, recognizing its potential to revolutionize the AI crypto market. Its AI-backed Social-Fi […]

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