TL;DR JPMorgan’s Warning: JPMorgan Chase & Co. has warned that the demand for Bitcoin spot ETFs is overestimated, with much of the $25 billion in inflows since January being a reallocation from existing wallets, not new investments. Investment Realities: The bank suggests that the actual new investment is closer to $12 billion, casting doubt on […]
TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications.
New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed. Additionally, Gemini is now banned from operating any crypto lending program in […]
The emergence of cryptocurrency as a global currency. June 15, 2024, 3:56 PM IST Manuel Freire-Garabal y Núnez in Disruption in higher education, …
The eighth-largest economy in continental Europe is reportedly proposing a new tax on crypto transactions. According to a new report by Bloomberg, Turkey is seeking to raise taxes as a means of recovering its budget after it was ravaged by earthquakes in 2023. The plan would haul in an estimated $7 billion for the Turkish […]
Decentralized Cryptos to Invest In: BlockDAG Outshines Pepe and XRP with Its Strategic Roadmap to a 30,000x ROI With Pepe and XRP poised for potential surges, these cryptocurrencies are garnering significant investor focus. Optimism is mounting among both Pepe holders and those anticipating gains from XRP. Amidst this positive sentiment, BlockDAG has emerged as a […]
Crypto analyst Sebastian has outlined why he believes Cardano (ADA) could rise to as high as $3 this year. The developments the analyst highlighted undoubtedly paint a bullish picture for the crypto token. However, it remains to be seen how Cardano will react, given that it is currently one of the worst-performing crypto assets this […]
Jurrien Timmer, director of global macro at Fidelity Investments, has named the reason why Bitcoin is yet to reach a new all-time high
[PRESS RELEASE – Tallinn, Harju, Estonia, June 15th, 2024] The GORB meme coin is scheduled for its presale on June 18th at 8:00 pm UTC on Pinksale. With a distinctive concept and a robust marketing strategy, GORB aims to establish a strong presence in the meme coin market. Overview of GORB’s Competitors Wiener AI’s High […]
Deutsche Telekom’s plans and Web3 expansion follow its recently established position as a validator on Fetch.ai’s decentralized blockchain.
Coinbase has launched support for the newly issued native token of a pirate-themed, role-playing game built on the blockchain. The top US crypto exchange’s customers can now trade PIRATE, a utility and staking token for the game Pirate Nation. The Ethereum (ETH)-based token first went live on Wednesday and is up nearly 90% in its […]
TL;DR During May, crypto market investments surpassed one billion dollars, a 10.61% increase compared to the previous year, but 6.4% lower than in April. The approval of the Ethereum Spot ETF by the SEC and the strong performance of the US stock market boosted confidence in the industry and crypto assets. The stablecoin industry showed […]
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation has been helpful for bitcoin, it has many qualities that put it over gold and it is time to “graduate” […]
As a pioneering organization in the field of cryptocurrency trading and technology, Technium is committed to making digital finance more accessible …
In a market where analysts often predict bullish trends, meme coins are taking center stage, defying expectations. Notably, crypto analyst Sherpa highlights Jasmycoin’s (JASMY) remarkable resilience amid skepticisms, pointing out that it looks strong. At the same time, Angry Pepe Fork (APORK) and Sui (SUI) shine brightly due to notable price movements and increased interest. […]
According to the latest report by QCP Capital, options data reveals a plunge in trading volatility, particularly for Bitcoin, meaning cryptocurrency traders could be in for a tamer summer. The research firm, which is well known for spotting new market trends, points out that the data patterns in the charts suggest that we are likely […]
However, some prominent ETF analysts have dismissed JPMorgan’s recent warning
Forbes estimates Zhao’s net worth at a staggering $61 billion—ranking the former CEO as the world’s 24th richest person.
The US Government has seized $5.25 million in six bank accounts at JPMorgan Chase, alleging the funds are the proceeds of a sophisticated fraud scheme. A complaint filed by the US Justice Department says the funds were stolen from a workers union in Massachusetts that was tricked into wiring millions of dollars directly to scammers. […]
[PRESS RELEASE – New York, New York, June 14th, 2024] Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership with Lurk Lab to build out a Zero-Knowledge tech stack on the Kadena blockchain that will pave the way for provably secure cross-chain messaging. Kadena and Lurk Lab are developing a robust ZK […]
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should take meaningful steps to position the UK as a global hub of digital assets, tokenization and fintech,” said Coinbase. Stand With Crypto Publishes […]
In this episode of The Bitcoin Show, host Jim Csek from NowMedia spoke with Scott Dedels, CEO of Block Rewards, about how cryptocurrency is stored and …
TL;DR BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA) to foster the growth of the Web3 ecosystem, offering support to emerging blockchain projects through events, grants, and investment opportunities. The BIA provides a Launch-as-a-Service (LaaS) package worth up to $300,000 in free services, including infrastructure, security, and marketing support, to help decentralized applications (dApps) launch successfully. It’s a global […]
TL;DR The price of Notcoin (NOT) has increased by 12.42% in the last 24 hours, reaching $0.01936. The TON network has surpassed Ethereum in the number of daily active addresses, driven by games on Telegram such as Notcoin and Hamster Kombat. Strategic partnerships, such as that of Telegram and Tether, have significantly contributed to the […]
The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March. Market expert Michael van de Poppe has shed light on the reasons behind this ongoing bloodbath, highlighting several key factors that have contributed […]
Seasoned trader Peter Brandt is expressing bearish sentiment on Bitcoin (BTC) as the flagship crypto asset’s price hovers about 10% below the all-time high reached three months ago. Brandt tells his 729,100 followers on the social media platform X that Bitcoin is exhibiting a bearish chart pattern on the daily time frame. Based on Brandt’s […]
BlockDAG Takes Center Stage In Crypto With Breakthrough Keynote & Anticipated 30,000x ROI, Outstripping Fantom & Notcoin As the interest in well-known projects like Fantom and Notcoin starts to fade due to their declining prices, attention is turning towards rising stars in the crypto world like BlockDAG. This leading layer-1 project has quickly become a […]
Samson Mow believes that odds of Bitcoin Omega candle are getting bigger, while report says that FOMO is on rise
This week’s Crypto Biz explores the corporate battle between Riot Platforms and Bitfarms, Tether’s $1 billion budget for startups, Ripple Labs’ new custodian deal, and more.
Omnichain tokenization platform Holograph’s native token, HLG, fell nearly 80% in value following a recent hack. The malicious actor exploited a vulnerability in the protocol’s operator contract, minting 1 billion HLG tokens that were initially valued at approximately $14.4 million. The Holograph Exploit Holograph confirmed the breach on their X account, assuring users that the […]
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality. 94% of Surveyed Central Banks […]
The Philippines, a nation known for its vibrant culture and growing economy, is wading into the ever-evolving world of cryptocurrency. With the …