TL;DR Meme Coin Appeal: Dogwifhat (WIF) is a meme coin on the Solana blockchain, emphasizing community and popularity over utility. WIF’s Growth: Launched in November 2023, WIF quickly gained mainstream attention, with ambitious community projects like a Las Vegas Sphere display. Price Predictions: Varied forecasts for WIF’s value from 2024 to 2030 suggest potential growth, […]
LayerZero has a clear and potentially revolutionary goal for the entire blockchain ecosystem: to achieve full interoperability of all networks. This goal has the potential to turn LayerZero into the key factor that blockchain technology needs for mass adoption. Therefore, in this article we will see all the details you need to know about LayerZero […]
Pollbits, an innovative cryptocurrency exchange, is now offering a comprehensive suite of advanced financial services tailored to both new and …
Billionaire investor Anthony Scaramucci, the founder of SkyBridge Capital, recently discussed the viability of financial assets. He took to X, a social media platform previously known as Twitter and owned by Elon Musk, to highlight the decreasing purchasing power of the United States dollar in comparison to the potential of Bitcoin (BTC). US Dollar Vs. […]
Bitcoin experienced a volatile trading session today, with its price fluctuating between highs of $65,000 and lows of $62,000. Analysts are closely monitoring these fluctuations and making predictions about future price movements using advanced models. According to predictions by The spotonchain’s analyst team utilizing Vertex AI from Google Cloud, Bitcoin’s price is expected to range […]
Bitcoin could be headed to $1 million after a tsunami of newly printed cash drives up all asset prices, according to Strike CEO Jack Mallers. The executive, whose payments app lets people remit fiat currency around the world on Bitcoin rails, said in a Friday interview that money printing will be required to bail out […]
According to the prosecutors, the increased scale of the losses justifies the sentence recommendation.
One widely followed crypto analyst is getting granular about the phases of a Bitcoin (BTC) halving. Every four years, BTC rewards for miners are cut in half, an event known as the halving. BTC’s most recent halving occurred just one week ago on April 19th. BTC’s price has changed little in the seven days since. […]
Payment processing firm Stripe plans to roll out global USDC payments this summer, more than six years after the company ended Bitcoin (BTC) support. John Collison, Stripe’s president and co-founder, announced the upcoming payments feature on Thursday. At a presentation, Collison demonstrated how customers could link crypto wallets to Stripe and make instant payments with […]
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The balance between privacy and regulatory compliance in the crypto world is increasingly threatened as high-profile cases, such as the sanctions against Tornado Cash and the legal troubles of Samourai Wallet, come to the fore, prompting a robust response from the community and its leaders. Crypto’s Battle for Privacy Intensifies in Face of Regulatory Clampdown […]
Bitcoin proponent Mow has stressed positive sides of BTC, citing its creator, Satoshi
Worldcoin is eying a potential partnership with artificial intelligence research firm OpenAI, according to a report by Bloomberg. This latest development arrives despite the regulatory hurdles facing the digital identity platform over privacy concerns. Through its parent company, Tools for Humanity, the cryptocurrency project plans to expand its services. Navigating Regulatory Challenges Recently, Spain and […]
In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.” These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others. XRP And […]
Hong Kong will introduce Spot Bitcoin and Ethereum ETFs by 30 April, marking it as the first Asian nation with such financial products. These ETFs are unique in that they will allow direct exchanges of the underlying assets for ETF units, differing from the cash redemption model in the US. The launch is anticipated to […]
Morgan Stanley is considering enabling its 15,000 advisors to recommend Spot Bitcoin ETFs directly to clients, broadening investor access. Although client interest in Bitcoin ETFs is high, investments are cautious and moderate, not comprising major financial commitments. This policy shift could reverse the recent trend of declining inflows into these ETFs, offering a timely boost […]
The Rising Threat of Cryptocurrency in CSAM Trade. U.S. Senator Elizabeth Warren often claims that cryptocurrency is the leading material used in dark …
A multi-trillion dollar transfer of wealth from baby boomers to their brethren has become a “tempting target” for taxation, according to a new report. The transfer, which is estimated to reach $90 trillion in the US alone, has sparked a new and urgent political debate on inheritance taxes, reports the Financial Times. “With even the […]
TL;DR Pantera Capital plans to raise over $1 billion for its new fund, Fund V. The fund aims to offer investors broad exposure to the blockchain ecosystem, including startup stocks and early-stage and liquid tokens. Recently, the firm acquired a large amount of Solana (SOL) tokens from the bankrupt FTX. Pantera Capital, a firm specialized […]
TL;DR The Sui ecosystem, a Layer 1 blockchain for DeFi applications, is facing a crisis with a 25% drop in its Total Value Locked (TVL), which fell from a peak of $724 million to $535 million. Sui’s native coin (SUI) has also experienced a significant downfall, with its price dropping to $1.17 from a record high of $2.20, […]
The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space.
Ethereum has become the focal point of discussion within the cryptocurrency community, with traders closely following reports speculating on the SEC’s intentions to reject spot Ethereum ETF proposals in May. This development comes after the approval of spot Bitcoin ETFs on January 11, 2024, and the much-anticipated Bitcoin halving event on April 19, 2024, which […]
An “epic sat,” an extremely rare satoshi (the smallest unit of Bitcoin) from the network’s fourth halving block, was recently sold for over $2 million. On April 25, the crypto mining pool ViaBTC successfully auctioned off “Sat 1,968,750,000,000,000” for 33.3 BTC, approximately $2.13 million, on the cryptocurrency exchange CoinEx Global. ViaBTC’s Rare Satoshi Auctioned CoinEx […]
The always-relevant Marty Bent had Spiral developer Matt Corallo on his podcast this week to address the freaks about urgent Bitcoin mining matters. To bring everyone up to speed, the concerns stem from recent sleuthing of the blockchain which revealed that some pools have been getting perhaps a little too cozy. How do we know […]
Following the halving event on April 19, the price of Bitcoin has displayed a puzzling performance. BTC initially gained nearly 10% to trade as high as $67,020 on April 24. However, in the last two days, the digital asset’s price has declined by 6.49%, falling below the $63,000 price mark. As expected, such negative performance […]
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]
Grayscale just printed rare history of all global ETFs
Two US Senators are writing a bipartisan letter to federal agencies about the potential use of crypto assets by child abusers. According to a new press release, Senator Elizabeth Warren, a Democrat from Massachusetts, and Senator Bill Cassidy, a Republican from Louisiana, say in the letter that digital assets are the “payment of choice” for […]
Immutable zkEVM, an Ethereum gaming platform, has unveiled The Main Quest—a groundbreaking rewards program offering up to $50 million in token rewards to players. This initiative aims to incentivise users of the Immutable zkEVM network, a layer-2 Ethereum gaming platform powered by Polygon zkEVM technology. Participants stand to earn rewards for various activities, including playing […]
US senators target cryptocurrency use in child abuse trade. Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their …
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.
TL;DR Fidelity Bitcoin ETF records an outflow of funds for the first time. Most US Bitcoin ETFs are showing sluggish performance, with only one fund recording an inflow. BlackRock’s IBIT and other ETFs saw no inflows, reflecting cautious market sentiment. In a scenario that reflects the dynamism of current financial markets, the Fidelity Wise Origin […]