A cryptocurrency is a digital asset that exists on a network of computers running in a ledger of transactions built on blockchain technology. These …
Spot Bitcoin exchange traded funds (ETFs) have officially gone live in Hong Kong as its stock market opens. OFFICIAL: SPOT #BITCOIN ETFS COMMENCE TRADING IN HONG KONG 🇭🇰 pic.twitter.com/yI8HsqRECf — Bitcoin Magazine (@BitcoinMagazine) April 30, 2024 The approval, eagerly awaited for months, signals a new era for the Bitcoin industry in the region. Major asset […]
Cointelegraph asked professionals working with zero-knowledge technology to get their insights on the current state of ZK.
Financial services titan Franklin Templeton has listed its new spot market Ethereum (ETH) exchange-traded fund (ETF) with the Depository Trust and Clearing Corporation (DTCC). In its products offering page, the DTCC has listed Ethereum-based exchange-traded products (ETPs) from key financial giants, including Franklin Templeton’s Ethereum TR Ethereum ETF (EZET). The DTCC, founded in 1999, is […]
Coolcoin has emerged as the second hottest trending token on Dex screener, experiencing an astronomical surge of 700,000% in the past 24 hours. With a market capitalization of $32.1 million and a current trading price of $0.032, Coolcoin has captured the attention of traders and investors alike. However, amidst the unprecedented price surge, Lookonchain data […]
Cardano (ADA), the smart contracts platform known for its energy-efficient Proof-of-Stake consensus mechanism, has been generating buzz lately. On-chain data reveals a significant uptick in large transactions, hinting at a potential return of the whales – major investors who can significantly impact cryptocurrency prices. Whales Making Waves On The Cardano Sea IntoTheBlock, a blockchain analytics […]
TL;DR Omnity introduces cross-chain transfer functionality for Runes tokens. Runes users can move assets between layer 1 and layer 2 networks. The integration of Omnity with Runes seeks to reduce congestion on the Bitcoin network. Omnity, an “omnichain” interoperability protocol based on the Internet Computer Protocol (ICP), has launched an integration that allows Runes token […]
Tokenised financial assets represent a trillion-dollar opportunity in the next decade, according to a new Deloitte report. Risks to realising tokenisation’s commercial benefits include a range of collaborative, technical, regulatory and risk management challenges. Tokenisation of assets via the blockchain is being pioneered in the financial services sector—with big names like BlackRock’s Larry Fink heralding […]
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging, with the network’s difficulty reaching an all-time high of 88.10 trillion. This complexity, coupled […]
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.
Cryptocurrency investors are constantly on the lookout for coins that have the potential to deliver substantial returns.
On Wednesday, the founders of the Bitcoin privacy wallet Samourai Wallet were arrested and charged on behalf of the US Government. The indictment could set dangerous precedents beyond Bitcoin privacy services. “If your government is worried about their own citizens controlling their money, the most important question you have to ask is ‘what the hell […]
The Japanese yen just tapped its worst level against the US dollar in more than three decades, reportedly triggering emergency intervention from the country’s financial authorities. After touching 160.17 per USD, Japan moved to stop the slide and prop up the world’s third most-traded currency, reports the Wall Street Journal. “The U.S. dollar weakens 1% […]
Circle CEO Jeremy Allaire says he has his eye on a crypto use case that could be the tech that sparks mass adoption of blockchain and digital assets. In a new interview on Bankless, Allaire says that the “general payment utility” that stablecoins allow for is likely the most important use case for bringing the […]
TL;DR Dogecoin has experienced a 13.8% increase in non-empty wallets over three months, correlating with a temporary spike in its value. Analysts predict a potential significant rise in DOGE’s price, with targets ranging up to $1, based on current trends and historical performance. DOGE Investors on the Rise Despite underperforming recently, some metrics related to […]
Bitcoiner Michael Saylor shares an important Bitcoin definition, triggering his followers’ bullish response
Zondacrypto, a cryptocurrency exchange in the Central and Eastern European region, has announced its partnership with the Giro d’Italia cycling race. This collaboration designates zondacrypto as the Official Cryptocurrency Exchange of the 107th edition of the Giro d’Italia, set to commence on May 4th in Turin and culminate on May 26th in Rome. Multi-Faceted Role: […]
In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of “Exponential Decay,” indicating a weakening in the momentum of its bull market cycles over the years. “Does history make […]
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.
As the cryptocurrency market reels from the Bitcoin halving event, investors are scrambling to find the next significant investment – the most promising projects for the coming year. While established players like Solana, Shiba Inu, Ethereum, and Litecoin remain solid contenders, new and innovative projects like the hugely hyped BlockDAG are also emerging. Here’s a […]
With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. following the approval of 11 spot bitcoin ETFs on Jan. 10. Zhu Haokang, head of digital […]
TL;DR Stripe will add support for the Avalanche C-Chain, allowing users to buy AVAX directly. Avalanche’s native wallet, Core, now integrates this functionality, facilitating wallet funding with various payment methods. The integration aims to solve the “cold start problem” in web3, offering users a frictionless entry into the Avalanche ecosystem through Stripe. Stripe, a platform […]
TL;DR Chainlink has released the VRF v2.5 update, improving the Verifiable Random Function (VRF) functionality. Improvements include a more efficient billing model, more predictable pricing, and an improved user experience. New use cases have been enabled and the adoption by large companies and projects in Web3 stands out. Chainlink, the leading Oracle project in the […]
Fred Krueger dismissed the impact of Bitcoin halvings, emphasising that institutional demand for Bitcoin ETFs will drive future prices. Krueger predicts a decade-long bull market for Bitcoin, akin to historical equity markets, fuelled by shifts in the investor base. Despite historical patterns of halvings and bull markets, Krueger views the supposed causality as illusory, citing […]
The friction between regulators and the crypto industry was heightened last week after the DOJ charged founders of a non-custodial bitcoin wallet …
Last week Paypal released a whitepaper in partnership with Energy Web and DMG Blockchain Solutions, describing a “Green Mining Initiative” intended to redirect fees from participating users specifically to certified miners powering their operations with renewable energy. I can’t say I’m surprised by this honestly, mining has at this point become very normalized in terms […]
The firm behind the top US dollar-pegged stablecoin by market cap is investing hundreds of millions of dollars in a “brain-computer-interface” (BCI) company. In a new announcement, USDT-issuer Tether says they have invested $200 million in Blackrock Neurotech, making Tether the majority stakeholder in the firm. According to the announcement, Blackrock Neurotech’s BCI technology has already helped physically […]
The developers of Bitcoin (BTC) wallets Phoenix Wallet and Wasabi Wallet have announced that they will stop providing services to US consumers. In a statement, Wasabi Wallet maker zkSNACKs says it is now blocking US citizens and residents from visiting its websites, downloading its wallet and using related products and services such as API (application […]
Outcome of critical SHIB price test might hinge on variety of factors
Spot Bitcoin ETFs have caused a major stir in the cryptocurrency industry, unlike anything seen before. Following the US and Hong Kong, Australia is now gearing up for a series of launches of Bitcoin exchange-traded funds. The ASX has received applications from at least two organizations, and there’s another one in the pipeline Australia Braces […]
Prometheum Capital has announced a strategic partnership with Broadridge Financial Solutions (NYSE: BR) to bolster its post-trade lifecycle and back-office operations. The firm gears up to introduce a custody, clearing, and settlement services suite for digital asset securities. Prometheum Partners with Broadridge to Enhance Post-Trade Operations Prometheum will leverage Broadridge’s Shadow Post Trade Processing Solution […]
The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively. […]