According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange.
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by the layoffs. Convoluted Corporate Processes Yuga Labs, the Web3 platform behind […]
On-chain analyst Willy Woo believes that a critical time is arriving for Bitcoin (BTC) as he says bearish momentum subsides. Woo tells his 1.1 million followers on the social media platform X that key indicators suggest Bitcoin could soon see a bullish reversal. “Summary: it’s crunch time. BTC needs to make a decision. Technical indicators […]
Big Four accounting firm KPMG says that investors are warming up to crypto as a way to hedge against the debasement of fiat currencies by central banks. In a new report, KPMG looks at the Canadian market and says that in 2023, half of financial service providers polled in the country offered crypto asset services, […]
The cryptocurrency sector is in constant flux, revealing new opportunities for both veteran investors and newcomers. While traditional options like Ethereum and Dogecoin remain popular for their foundational values, emerging technologies like BlockDAG with a presale that has raised $21 million so far, are capturing attention with their groundbreaking features and market potential. Ethereum’s Volatile […]
NC Interactive LLC may proceed with its copyright infringement suit alleging that the defendants sold millions of dollars worth of cryptocurrency …
MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, Founder & Chairman Michael Saylor announced today. BREAKING: MicroStrategy bought 122 more #Bitcoin for $7.8 million. pic.twitter.com/IZWUNj0kHY — Bitcoin Magazine (@BitcoinMagazine) April 29, 2024 “As […]
Stockmoney Lizards believe the current BTC sideways trading is a normal correction, predicting a rebound to US$50k. They note that post-halving price explosions have historically taken time, viewing the current slowdown as typical rather than alarming. Despite macroeconomic challenges, indicators like the one-year SMA confirm ongoing bull market conditions, suggesting continued investor confidence. While Bitcoin […]
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the average Ethereum transaction fee has plunged to a mere $1.12, marking the lowest daily average cost since October 18th, 2023. Ethereum Transaction […]
The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data.
Australia is preparing to join Bitcoin exchange-traded fund (ETF) bandwagon. The country’s primary equity exchange, ASX Ltd, is anticipated to approve the launch of Bitcoin ETFs following similar approvals in the US and Hong Kong, Bloomberg reported. Australia Prepares for Crypto ETFs This year, US Bitcoin ETFs accrued an impressive $53 billion, reflecting a growing […]
A former Wells Fargo senior manager just agreed to pay a $40,000 fine and turn his back on the banking industry. The Office of the Comptroller of the Currency (OCC) is issuing a consent order against ex-Wells Fargo operations senior manager Norman Desembrana for allegedly misleading customers, engaging in reckless unsafe and unsound practices and […]
More than 45,000 over-leveraged traders have been liquidated in the past 24 hours as the cryptocurrency market turned red again. Some of the biggest daily losers come from the ever-volatile meme coin industry, with BONK, PEPE, and FLOKI leading the adverse trend. Bitcoin/Price/Chart. Source: TradingView CryptoPotato reported the substantial gains charted by most larger-cap cryptocurrencies […]
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a 12-year jail term has been proposed for Chairman Wang Chen-huan. Token Prices Plummet Taiwanese prosecutors recently indicted at least […]
Cryptocurrency exchanges are legal in Thailand, but they must obtain local approval. Last month, the country even allowed asset management firms to …
Uniswap Investors Back BlockDAG’s Bull Run with 30,000x Potential Post Lunar Keynote Display, Eclipsing Ethereum’s Price Prediction Ethereum price predictions question whether ETH will drop to $2.8K amid an intensifying bearish trend as Uniswap investors exit due to platform issues. Meanwhile, BlockDAG has released a lunar teaser following a successful keynote, further amplifying excitement and […]
The cryptocurrency market is clearly in a hurdle as cryptocurrencies are coming closer to key resistance levels
Following the fourth Bitcoin Halving, Rekt Capital, a popular cryptocurrency trader and expert, has offered a compelling narrative on the future trajectory of Bitcoin, predicting that the crypto asset could peak this bull cycle in the following year. Rekt Capital’s analysis emphasizes on the possibility that this current cycle could reiterate past Halving cycle trends, […]
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”
A closely followed crypto strategist thinks that Bitcoin (BTC) is presenting a golden opportunity to long-term holders. Pseudonymous analyst Inmortal tells his 212,900 followers on the social media platform X that he sees Bitcoin rallying to a fresh all-time high in the coming weeks. According to the trader, the current Bitcoin consolidation is giving long-term […]
Financial goliath Franklin Templeton has listed its Ether ETF, EZET, on the Depository Trust and Clearing Corporation’s website. This is an important step toward getting a financial product publicly listed for trading. However, without an approval from the US Securities and Exchange Commission, Ether ETFs will remain nothing more than a nice idea. Analysts in […]
Institutional investors are divesting from Bitcoin and Ethereum to other altcoins, notably Solana. In a survey of 64 asset managers, approximately 15% held Solana, compared to 0% in the previous study conducted by CoinShares. Approximately 14% of those questioned also considered Solana to be the “digital asset with the most compelling growth outlook”. Regulation continues […]
TL;DR Post-halving, Bitcoin dipped to $62,500 but analysts foresee a rally influenced by financial institutions’ involvement and historical trends. Upgrades to Shiba Inu’s Shibarium include a new user interface and a planned hard fork to optimize transaction processes. Ripple’s ongoing SEC lawsuit and potential $100 million settlement may impact XRP’s price, with the possibility of […]
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs and lower lows, suggesting that sellers […]
Cryptocurrency Evolution. Beginning with Bitcoin in 2009, cryptocurrencies have transformed from digital novelties to a widely accepted asset class.
The solo miner netted around $200,000 in rewards for validating block 841,286.
A US bank is facing a proposed class action lawsuit for allegedly failing to protect its customers’ sensitive personal information and suffering a massive data breach. SouthState Bank, which has over $45 billion in assets, is being hit with a class action lawsuit led by plaintiff Latonya Gore in Florida, filings show. The suit concerns […]
Analytics firm Santiment says the majority of altcoins look set to ignite rallies after a month-long crypto correction. Santiment says that the ongoing marketwide pullback has driven many altcoin traders to unload their stacks and incur heavy losses. “According to our model, the mid-term gains and losses by average wallets indicate heavy realized losses across […]
The crypto markets have finally awoken from their slumber in 2024, pushing to new heights in many cases before the Bitcoin halving event. Now that has passed, analysts seek the fastest-growing crypto before releasing their forecasts for the rest of the decade. New crypto presale Raboo is off to a flyer, and experts are assessing […]
The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can be attributed to something else. According to data from on-chain analytics platform IntoTheBlock, the number […]