The firm behind the largest stablecoin by market cap is launching a new digital asset backed by real gold. USDT issuer Tether is announcing a new digital asset backed by over-collateralized Tether Gold (XAUT) called aUSDT. According to the press release, aUSDT is the first product from a new line-up of offerings called Alloy by […]

The co-founder of Binance is asking billionaire Elon Musk, who owns the social media platform X, to address the crypto scams proliferating over the website after her followers fell victim to a wallet drainer. In a new thread, Yi He tells her followers that a scammer is posing as her on X to trick people […]

The cryptocurrency sector has witnessed a surge in activity driven by institutional Bitcoin (BTC) whales who are making substantial shifts in their investments, moving away from established altcoins to upcoming projects. Recent data reveals that prominent figures in the crypto industry are divesting from Solana (SOL) and investing in the newly emerged Algotech (ALGT) platform. […]

A recent bill passed by the House of Representatives claims to regulate the cryptocurrency industry and protect consumers.

SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s price has encountered resistance levels that pose challenges to its bullish trajectory. Investors and analysts are closely watching these developments, trying to gauge what […]

Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withholding agents. Foreign citizens operating such platforms must register under Tanzania’s Simplified Tax Regime. The government […]

From Ripple’s legal battle to latest crypto market turmoil, XRP is facing crucial challenges in upcoming days

The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.

CoinShares International Limited, a leading digital asset investment company, has announced the rebranding of its long-standing crypto ETP brand, XBT Provider, to “CoinShares XBT Provider.” This move aligns with the company’s group strategy and sets the stage for expansion in the second half of 2024. CoinShares Doubles Down on Nordic Market with XBT Provider Rebrand […]

Altcoins have taken another leg down to start the week while most digital assets continue a multi-month downtrend. At time of writing, the total market cap of all crypto assets (TOTAL) is valued at $2.32 trillion, down from $2.39 trillion earlier in the day – a $70 billion haircut. According to crypto data aggregator Coinglass, […]

US regulator the SEC has rejected XRP token founder Ripple’s request for a reduced civil penalty, arguing that the “wealthy” company needed a stronger deterrent.  The agency rebuked Ripple’s claims that a US$10m penalty was appropriate in line with the SEC’s recent settlement in its fraud case against Do Kwon’s Terraform Labs, saying the details […]

TL;DR Polkadot’s DOT is down 4% weekly, trading around $6.20, but a potential resurgence might be on the horizon. Some analysts see the asset in an accumulation phase, with a bullish outlook if it holds above a certain resistance level. Rebound or Further Decline for DOT? Polkadot’s native token has not been as severely affected […]

TL;DR Pyth Network has launched its Solana Extraction Oracle, improving the reliability and frequency of financial data. The new system replaces Push Oracle, offering updates only when requested. Important DeFi platforms on Solana have already migrated to the new Oracle. Pyth Network has taken a significant step in improving decentralized financial infrastructure on Solana with […]

TL;DR Bitcoin and other major currencies experience significant drops in value. The global capitalization of the crypto market decreases by 2.89% in the last day. Ethereum, Solana and Binance Coin show negative variations in their recent prices. In a volatile move for cryptocurrency markets, Bitcoin (BTC) has recorded a 1.20% decline over the last 24 […]

U.S. presidential candidates Donald Trump and Joe Biden continue to show that crypto is a notable election issue. Terraform Labs agreed to a $4.5 …

Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. This suggests Shiba Inu might be receiving increased attention from traders, a scenario that may result in […]

According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.

BlockDAG Heats Up the Crypto Game with a $51.1M Presale and a Sizzling $2M Giveaway – Leaving Notcoin & Fantom Behind  While Notcoin has seen a 15% downturn despite optimistic forecasts, its backers are reconsidering their stakes. Meanwhile, Fantom (FTM) investors are navigating downward market trends, pushing them towards more reliable ventures. Offering a sharp […]

South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quarterly. The reputation of the issuers and user protection tools are among the factors related to virtual assets that […]

Have you ever seen Waka Flocka Flame and Satoshi in the same room?

A major move for Bitcoin (BTC) is likely approaching as price moves through a rare ultra-low period of volatility, according to a closely followed on-chain analyst. Pseudonymous analyst Checkmate tells his 93,700 followers on the social media platform X that BTC has only moved 8.3% up or down in the last month, a rare occurrence […]

The cryptocurrency exchange Bybit has integrated Apple Pay with its Bybit Card. This new feature promises a blend of security, convenience, and better pricing for users purchasing cryptocurrencies through the Bybit app or website. Access to 20+ Fiat Currencies According to the press release, this latest offering enables Bybit’s users to access over 20 fiat […]

Australia’s largest stock market, the Australian Securities Exchange (ASX), approved listing the first Bitcoin exchange-traded fund (ETF) on its platform on June 20. The issuer will be VanEck, and the instrument will be dubbed the VanEck Bitcoin ETF (VBTC). BREAKING: 🇦🇺 Australia’s largest stock exchange, ASX has approved its first spot #Bitcoin ETF. pic.twitter.com/M4kApaqfhW — […]

The weekend’s BTC Prague Conference revealed several European innovators’ desire to enter the crypto sphere. Perhaps the biggest name was Deutsche Telekom, Europe’s largest telecom provider, committing to begin mining Bitcoin in the near future. Interestingly, Deutsche Telekom are set to introduce “digital monetary photosynthesis”, a novel way for companies to engage in Bitcoin mining […]

A hawkish-than-expected FOMC meeting drove investors to scale back their exposure to fixed-supply assets, which in turn resulted in digital assets investment products seeing outflows of $600 million. This represented the largest outflows since March 22, 2024. Moreover, the recent price declines further exacerbated the bearish sentiment, as evidenced in the decrease in total assets […]

… cryptocurrency company, Velodrome. The transaction, which took place on May 17, 2024, involved a purchase of Velodrome assets. The exact dollar …

The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These […]

The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”

TL;DR Ethereum Whales Accumulating: Crypto analyst Ali Martinez reports over 700,000 ETH purchased by whales, indicating strong confidence with a $2.45 billion investment. Bullish Market Indicators: The TD Sequential indicator has flashed a buy signal on Ethereum’s daily chart, suggesting a potential short-term price bounce. Strategic Whale Purchases: On-chain data shows whales buying during dips, […]

TL;DR On March 16, several Remilia wallets were compromised. The hackers stole a total of 844 ETH and other assets worth 544 ETH. The funds were transferred to Tornado Cash, making them difficult to trace. On March 16, a major security incident affected Remilia, the founder of Milady Maker and other related projects. Several Remilia […]

Coinbase founder shares 10-year prediction: 25% of global GDP in crypto

Digital assets manager CoinShares says crypto products bled out last week to the tune of $600 million. In its latest Digital Asset Fund Flows report, CoinShares says that institutional investors are likely reacting to a more “hawkish-than-expected” Federal Open Market Committee (FOMC) meeting last week. “Digital asset investment products experienced outflows totaling US$600 million, the largest […]