Analyst and trader Nicholas Merten is expressing bearish sentiment on Bitcoin (BTC) amid the flagship crypto asset’s failure to rise above a key resistance level. In a new video, Merten tells his 509,000 YouTube subscribers that a correction for Bitcoin is imminent. “I think there are some significant warning signs that people are ignoring right […]

TL;DR Strategic Acquisition: Eigen Labs has acquired Rio Network, integrating its liquid restaking token (LRT) technology into the EigenLayer ecosystem to enhance the utility of staked assets in the blockchain. Open Source Innovation: The intellectual rights to Rio Network’s LRT technology has been acquired by the Eigen Foundation and will be open-sourced, fostering innovation and […]

The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over the crypto trading platform’s financial stability, inadequate management structure, and insufficient personnel, […]

Bitcoin saw enormous outflow from exchanges

Terraform Labs and its former CEO, Do Kwon, have agreed to pay about $4.5 billion in recovery and civil penalties to the Securities and Exchange Commission (SEC), thus striking a settlement agreement with the US regulator, according to a court filing yesterday (Wednesday). Furthermore, Kwon and Terraform Labs would be permanently banned from buying and […]

In the ongoing 24th burn event, OKEx’s OKB Buy-Back and Burn wallet has received 5.73 million OKB tokens, valued at approximately $259 million, in the past two hours. Since May 15, 2019, the OKX team has repurchased a total of 97.92 million OKB, now worth $4.42 billion, conducting these burns every three months. Despite the […]

In a surprise flurry of legislative activity in May, both the House and Senate voted on several cryptocurrency-related bills. The increased focus …

One of the best parts about running Breez is the diverse range of people I get to meet and work with. We have partners from Jamaica, the USA, Switzerland, Germany, Canada, Estonia, and who knows where else. We have users in Finland, Wales, Namibia, India, and almost everywhere else. The people behind Breez are split […]

A popular crypto analyst and trader says that one Ethereum (ETH) rival is facing a decisive moment. Pseudonymous crypto strategist Credible Crypto tells his 396,500 followers on the social media platform X that if Solana (SOL) fails to hold $140 as support it could plummet. “SOL: this is the last thing stopping us from a […]

A widely followed cryptocurrency analyst and trader believes that Bitcoin (BTC) could reach a six-figure price over the short to medium term. The analyst and trader pseudonymously known as Altcoin Sherpa tells his 217,000 followers on the social media platform X that Bitcoin could appreciate to over $100,000 “later this year” – a potential gain […]

President Joe Biden’s reelection campaign is reportedly considering accepting crypto donations via Coinbase. On June 12, The Block reported that Biden’s team was attempting to engage crypto-focused voters in response to rival candidate Donald Trump’s endorsing of the industry and acceptance of crypto donations. According to the report, the Biden team is in discussion with […]

The beloved Dogecoin, the Shiba Inu-faced cryptocurrency that started as a joke, is facing a ruff time. A recent $16 million sell-off by a large holder, likely a “whale” investor, has sent shockwaves through the DOGE community, raising questions about the meme coin’s long-term viability. Mags Charts A Worrying Course Crypto analyst Mags has emerged […]

The DeFi protocol’s native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.

A bumpy day for Bitcoin yesterday, as positive US CPI news saw it surge early, before tanking on the back of a disappointing downgrading of forecast interest rate reductions from the Fed. The US Federal Reserve now says it expects to see only a single rate reduction in 2024, down from its previous forecast for […]

A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling cryptocurrency notcoin. Termez State University is a public institution located in the capital of Surkhandarya province, Uzbekistan. The court found him guilty of violating laws governing the circulation of crypto assets. The case began when a complaint was […]

Merlin Chain introduces innovative DeFi opportunities, bringing yield generation to Bitcoin holders

On the ground for XRP Ledger Apex 2024, we caught up with Jazzi Cooper, Lead Product Manager at Ripple X and a major driving force behind its ambitious mission. In an exclusive interview, Jazzi shared insights into Ripple X’s role in reshaping the financial landscape and paving the way for a future powered by blockchain […]

TL;DR Vitalik Buterin defends memecoins, arguing that they have practical applications in daily life, beyond entertainment and speculation. Buterin highlights seven potential uses of memecoins, including identity verification in online communities, cross-border payments, and rewards on decentralized social platforms. Despite the criticisms and regulatory challenges, the Ethereum co-founder believes that memecoins can contribute to society […]

Ethena’s $ENA token has fallen below the $0.70 mark. On-chain reports indicate that Whale 0x886 recently deposited the remaining 3.879 million ENA, valued at approximately $2.83 million, to Binance at a price of $0.728. This move marks the conclusion of the whale’s first trade with ENA, resulting in an estimated total loss of $13.01 million, […]

… cryptocurrency industry by partnering with Marathon Digital Holdings, a leading Bitcoin mining company. This collaboration has sparked discussi.

A macro analyst at the investment giant Fidelity thinks there needs to be a sustained spike in money supply to bolster the argument that Bitcoin (BTC) and gold are stores of value that hedge against government-induced inflation. Jurrien Timmer, the director of global macro at Fidelity, notes on the social media platform X that sustained […]

Itaú Unibanco, Brazil and Latin America’s biggest bank has opened Bitcoin and crypto trading to over 60 million customers, as per reports. BREAKING: 🇧🇷 60,000,000 customers at Brazil's largest bank can now start buying #Bitcoin and crypto. Gradually then suddenly 🙌 pic.twitter.com/KXSjPLFzCP — Bitcoin Magazine (@BitcoinMagazine) June 12, 2024 The bank’s investment app, Ion, now […]

The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.

Certain on-chain indicators paint a bullish picture for Solana (SOL), suggesting this may be an excellent time to purchase the crypto token. This aligns with Solana’s price movement on the chart, with technical analysts predicting that an upward trend might be on the horizon.  Solana Enjoying Greater Adoption Data from the market Intelligence platform IntoTheBlock […]

ENA – the native token of Ethena – has been facing significant selling pressure in recent weeks. After an extended period of price declines, ENA plunged to $0.73, representing its weakest price level since May 20th. This, in turn, has translated to huge losses for ENA stakers. Lookonchain revealed that the largest ENA staker, who […]

A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into nontraditional currencies threatens to further erode the euro’s share of foreign exchange reserves. Euro’s Decline Coincides with US […]

Can traders expect bounce back of Solana (SOL) by end of week?

DXtrade has partnered with Sage Capital Management to offer brokers crypto liquidity. This collaboration aims to provide brokers and their clients with better trading conditions and efficient settlements. This partnership seeks to offer brokers services that enhance their trading operations. Enhanced Crypto Liquidity Sage Capital Management provides institutional-grade crypto spot and perpetual liquidity, focusing on […]

New research by the top US-based crypto exchange Coinbase reveals that Fortune 500 companies are slowly opening up to blockchain. In a new report, Coinbase details how blockchain technology is drawing top blue-chip corporations. According to the crypto exchange, a survey of Fortune 500 executives found that over half of them are currently working on […]

Bitcoin’s dominance and maturity as an asset has been reaffirmed by new insights that show major institutions hold a huge 27% of the cryptocurrency’s available supply. Analysis from Glassnode finds that of the large entities holding BTC, US-based spot Bitcoin ETFs account for 862K of Bitcoin—second only to exchanges, which hold 2.3M BTC. Major entities […]

It is an educational platform offered by the top cryptocurrency exchange Binance. The exchange offers a wide range of cryptocurrencies, including …

TL;DR Rebranding and Expansion: Polygon ID has transitioned to Privado ID, marking a strategic expansion beyond the Polygon network to foster a new era of self-sovereign identity, leveraging Iden3 Protocol and PolygonID technology for data protection. Leadership and Future Goals: Under the leadership of CEO David Schwartz and COO Antoni Martin, Privado ID aims to revolutionize […]