Sports supplements company Insane Labz allegedly paid trolls to impersonate MMA celebs Dana White, Nate Diaz, and Hasbulla and pump its token.
Losing more than 60% of its value in two months, Notcoin found support this week and increased a little. Due to a significant drop in buy volume, the price has remained stagnant as it decides on the next major move. If not all, most gaming assets have reset back to their local bottom amid past […]
Justin Sun not controlling wrapped Bitcoin despite all talks around it
Bitcoin Magazine is excited to announce that veteran reporter and author Aaron van Wirdum has been named Editor in Chief, a position he formerly held from 2021 to 2022. The appointment follows his sabbatical in 2020 to write “The Genesis Book: The Story of the People and Projects That Inspired Bitcoin,” released by Bitcoin Magazine […]
Solana started a downside correction from the $162 resistance zone. SOL price is back to $140 and might attempt a fresh increase above $150. SOL price started a downside correction below the $155 and $150 levels the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a […]
The pace of adoption of crypto exchange-traded funds in the United States has been surprising even to Grayscale.
TL;DR Ion Protocol secures $7 million to develop its Nucleus platform, aimed at improving monetization for rollups and appchains. Nucleus will enable networks to offer native yields for assets backed by ETH, BTC, and USD, incentivizing deposits and maximizing the value of bridged assets. The platform addresses a common limitation of Ethereum rollups by providing […]
TL;DR Cryptocurrency startups received $2.7 billion in venture capital investments in the second quarter of 2024, a 2.5% increase compared to the first quarter. The number of deals closed decreased by 12.5% from the first quarter, showing a notable cooling in investment activity. Investments have been primarily focused on infrastructure projects, while consumer-oriented applications have […]
TL;DR Binance will delist six altcoins, leading to significant price drops for these assets. Such efforts have historically triggered sharp price crashes due to various reasons such as reduced liquidity and market panic. The Latest Update The world’s largest cryptocurrency exchange periodically reviews each digital asset listed on its platform to ensure that it “continues […]
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets […]
With the advent of cryptocurrency, criminals have found new methods to launder money, utilizing the decentralized and encrypted nature of digital …
A crypto whale has been spotted accumulating tens of millions of dollars worth of Ethereum (ETH) in an apparent effort to buy the dip. First reported by blockchain tracking firm Lookonchain, an Ethereum address starting with “0x78D07” bought over $4.7 million worth of Ethereum on Friday, adding to its nearly $100 million ETH stack. “This […]
Crypto veteran Arthur Hayes says the Democrats could stealthily print dollars to trigger stock market rallies before the presidential election. In a new essay, the BitMEX founder says Kamala Harris’ presidential campaign will likely see a big boost if the stock market is booming. But the unwinding of the yen carry trade has triggered a […]
BlackRock’s IBIT and Fidelity’s FBTC funds combined account for 2.5% of the total Bitcoin supply, representing over US$30 billion. IBIT holds 347,766.96 BTC worth US$20.32 billion, doubling the BTC count of Fidelity’s FBTC. Institutional investors like governments, public and private companies, and funds now hold a substantial and increasing share in the global Bitcoin market. […]
Thailand’s SEC has launched a new regulatory sandbox that aims to foster crypto innovation in the country The SEC said companies must send their submissions and the agency will review them within 60 days. The regulator will focus on qualifications in areas like capital adequacy and management structure. The framework is expected to serve as […]
Bitcoin’s hashrate has hit a new high despite rapidly declining miner profitability
The median price to send an Ethereum transaction hit 1.9 gwei over the weekend, with low-priority transactions priced even lower.
Massive $65.2M Presale for BlockDAG: UFC Champ Alex Pereira on Board—Uniswap & BNB Chain in Sight Uniswap is capturing the market’s attention, spurred by optimistic on-chain data that hints at a forthcoming rally. Meanwhile, the BNB Chain demonstrates consistent strength with robust staking growth and active decentralised exchange use, despite a dip in transaction numbers […]
“Give me liberty, or give me death!” Ben James said, poking the air with his fork to emphasize. I smiled back at my husband as he enjoyed the steak I’d grilled in the backyard. He was telling me about the second Citadel he wanted to create, this one affiliated with us, run like ours, but […]
Fantom (FTM) might be up for a huge price breakout shortly after an analyst – Javon Marks – made public his prognosis of the altcoin. Posting in X, Marks attributed this to the formation of a Hidden Bullish Divergence in the FTM chart. According to the analyst, this has the potential to cause a significant […]
Turkey’s Capital Markets Board (CMB) has released a list of crypto service providers seeking licensing under the new “Law on Amendments to the Capital Markets Law.” President Recep Tayyip Erdoğan signed the new legislation into law on July 2, following its unanimous approval by the Turkish Grand National Assembly. The law took effect immediately upon […]
A former chief of the Office of Internet Enforcement at the U.S. Securities and Exchange Commission (SEC) says Morgan Stanley will attract government scrutiny with its recent embrace of Bitcoin (BTC). Morgan Stanley recently gave its wealth advisors the green light to pitch Bitcoin exchange-traded fund (ETF) products to its wealthy clients. On the social […]
Closely followed crypto analyst Altcoin Sherpa is calling for caution amid what he sees as bearish price action for Bitcoin (BTC). Altcoin Sherpa tells his 219,000 followers on the social media platform X that BTC is continuously printing bearish patterns on the daily chart. He shares a chart suggesting that BTC is forming a simple […]
The meme coin ecosystem has grown into a billion-dollar market over the years. It owes its meteoric growth to thousands of tokens themed around animals, political figures, celebrities, and other memeable characters. The meme coin frenzy has a ripple effect on the broader crypto market performance. With a market valuation of $2.2 trillion, the industry […]
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that the […]
The SEC walked away with a $125 million settlement, but Ripple and its cryptocurrency, XRP, emerged with the lion's share of the victory. In an …
The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5.
Solana has been one of standout performers in cryptocurrency market of late
Over the past seven days, Sui (SUI) has emerged as the standout performer in the crypto market, recording an massive 78% increase in its price. This surge positions SUI as the leader among the top 100 cryptocurrencies by market capitalization, significantly outperforming its peers, Helium (HNT) with a 60% increase and Bittensor (TAO) at 50%. […]
VanEck, the first asset managers to file for a US-based Solana ETF, have declared they believe approval is “inevitable” following Brazil greenlighting the financial products. Some analysts in the industry believe the regulatory pathway to seeing SOL ETF approval is too convoluted. However, optimism is growing that the SEC will relent and allow US investors […]
Bitcoin and major cryptocurrencies like ETH and SOL see declines amid global economic and political tensions. Swissblock notes market resilience but advises caution due to increased risk and potential for ambiguous market signals. Aussie Analyst Jason Pizzino highlights ongoing market fear as beneficial, potentially stabilising against rapid, greed-driven fluctuations. Bitcoin and several major cryptocurrencies are […]
Investing veteran Tom Lee says that the worst of the recent correction in financial markets has likely already passed. In a new interview on CNBC, the Fundstrat founder says he’s looking at the volatility index (VIX), a popular gauge of expected volatility in stock markets. According to Lee, the VIX suggests that markets won’t see […]