Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price of 10,278,391 yen per BTC, amounting to a total aggregated purchase […]
… cryptocurrency in the case of United States v. Grant McKay Durtschi. As part of the ongoing criminal case, approximately 124.72134086 Ethereum was …
United States Senator Elizabeth Warren (D-MA) is calling on the Federal Reserve to lower its interest rate target on Thursday – a move most analysts believe would be a boon for crypto markets. The senator’s request puts her in an ironic alignment with crypto investors, whose industry she has repeatedly tried to stifle with burdensome […]
Bitcoin is still a young protocol by every measure. These adolescent years are arguably more formative than any other period in its short history because the stakes are already quite high for a groundbreaking project with less than two decades of testing and growth. As I have watched new investors, developers, users and marketers flock […]
Solana extended losses below the $150 support zone. SOL price is consolidating and might recover if it clears the $152.50 resistance zone. SOL price declined further and even traded below $150 against the US Dollar. The price is now trading below $160 and the 100-hourly simple moving average. There is a connecting bearish trend line […]
TL;DR Polygon introduces Community Grants Program unlocking 1 billion POL over 10 years. Season 01 offers 35 million MATIC to fund the best projects in the Polygon and Ethereum landscape. Developers can choose between two participation tracks: General and Consumer Crypto, with funds distributed by the Community Treasury Board. Polygon, a Layer 2 network, has […]
TL;DR Tether plans to invest more than $1 billion in financial infrastructure, AI and biotechnology in the next year. The company has invested around $2 billion in these sectors in the last two years. It maintains an investment strategy that seeks the disintermediation of traditional finance and less dependence on large technology companies. Tether Holdings […]
Bitcoin saw a sharp 4% drop today, falling below the $67,000 mark. Historically, Bitcoin has faced challenges during the third quarter, with an average return of 6.49% and a median return of -2.57%. Beware! Historically, #Bitcoin has struggled in Q3, with an average return of 6.49% and a median return of -2.57%. pic.twitter.com/6IJtHcK4ZL — Ali (@ali_charts) […]
Ethereum price has had a rocky week and data suggests that more downside could be on the way.
Cardano (ADA) co-founder Charles Hoskinson is outlining the timeline for the layer-1 blockchain’s Voltaire phase, the fifth stage of the 11th-largest crypto asset’s roadmap. Hoskinson says that a new Cardano node which will usher in two Chang upgrades is ready for deployment. The first Chang upgrade will introduce governance features on Cardano, enabling decentralized voting […]
The world’s biggest bank, the Industrial and Commercial Bank of China (ICBC), is reportedly calling Bitcoin (BTC) “digital gold” and Ethereum (ETH) “digital oil.” In a new report shared by Matthew Siegel, VanEck’s head of digital assets, the ICBC gives praise to the top two cryptocurrencies by market cap. The report also says that market […]
$21 million crypto transfer to Binance by TRON founder Justin Sun frightens bulls
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with a rise in the 10-year U.S. Treasury yield and the […]
… cryptocurrency landscape,” the government said in a statement published in state-run Herald newspaper Wednesday. It's “inviting all cryptocurrency …
JP Morgan’s blockchain and tokenisation network has been chosen by asset manager Fidelity International to tokenise a money market fund. A Fidelity spokesperson said tokenisation of the fund would improve efficiency and reduce costs and risk. Asset management firm Fidelity International has tokenised one of its money market funds using JP Morgan’s private, Ethereum-based blockchain […]
Anthony Pompliano states Wall Street is expanding into altcoins due to their love for risk and potential high returns. Wall Street’s preference for high-risk investments is evident in the popularity of zero-day options, which account for over half of all options trading. Despite regulatory warnings, major institutions like Franklin Templeton are moving to give Wall […]
OKX has experienced significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, surpassing the outflows of other prominent cryptocurrency exchanges. The surge in withdrawals comes from multiple security controversies that may have undermined user confidence. OKX’s Design Flaw On June 9, two OKX users lost a […]
Today, Donald Trump met with Bitcoin Magazine’s CEO David Bailey and several prominent U.S. Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage. Today was a historic moment in our journey towards hyperbitcoinization. The former and next President of the United States gathered America’s […]
In his latest blog post titled “Why I’m Still Betting on Bitcoin,” financial expert and seasoned investor Bill Miller IV, CFA, CMT, Chairman and CIO of Miller Value Partners, reiterated his bullish stance on Bitcoin. According to Miller, who is the Chairman, CIO of Miller Value Partners and son of legendary investor Bill Miller III, […]
BitMEX founder Arthur Hayes has been spotted on-chain locking up one of his altcoin stacks for nearly three months. First reported by blockchain tracking firm Lookonchain, Hayes locked $8.4 million worth of PENDLE tokens till September 5 of this year. “Arthur Hayes locked 1.65M PENDLE ($8.4M) until Sept 5 again…” Source: Lookonchain/X Pendle, initially built […]
The hacker who attacked the decentralized cross-chain protocol Orbit Bridge in December is beginning to move the stolen crypto. The digital asset de-anonymizing platform Arkham notes that the hacker moved 8,671 Ethereum (ETH) worth $32 million to a new address and is in the process of depositing the crypto stack into Tornado Cash, a controversial […]
The decentralized autonomous organization claimed Shkreli’s livestream of a one-of-a-kind Wu-Tang Clan album owned by the DAO caused undue damage.
TL;DR The volume growth of euro-backed stablecoins raises concerns about centralization and government control in the cryptocurrency market. Despite the growing demand for euro-linked stablecoins, their issuance by government entities contradicts the principles of decentralization and financial freedom. The proposed regulations could strengthen the position of government-issued stablecoins, potentially limiting competition and diversity in the […]
Here’s How BlockDAG Tops CoinSniper Post Keynote 2 Launch, Will Optimism and Arbitrum Crypto Investors Join? As cryptocurrencies carve out their legacies in the digital age, BlockDAG and Optimism are at the forefront of this transformative wave. While Optimism struggles to maintain momentum, consistently grappling with resistance at the $3 mark, BlockDAG is on the […]
Unfortunately, Bitcoin didn’t provide the rest of the market with enough conviction for a bull run
Blockchain technology firm Ripple has completed the acquisition of the New York-based Standard Custody and Trust Company and appointed the firm’s CEO as Senior Vice President of Stablecoins. This acquisition has reportedly received all the necessary regulatory approvals, marking a milestone in the efforts to strengthen Ripple’s enterprise infrastructure. Entry into Stablecoin Market According to […]
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing products and take Fuse to the market. Squads […]
How BlockDAG's Smart-Mining Innovations are Shaping the Cryptocurrency Landscape. London, UK, June 10, 2024 (GLOBE NEWSWIRE) — Cryptocurrency …
A widely followed crypto analyst is warning traders that Bitcoin (BTC) will likely fall further before rising again. Pseudonymous crypto trader Rekt Capital tells his 476,200 followers on the social media platform X that BTC’s technicals has confirms that the crypto king has already seen its local top. “It is confirmed Bitcoin’s recent advances to […]
A trader known for several accurate crypto market calls says that Bitcoin (BTC) remains in a bullish market trend. Pseudonymous analyst Dave the Wave tells his 146,500 followers on the social media platform X that as long as Bitcoin remains above an ascending diagonal level, the crypto king is still poised to print fresh all-time […]
Matter Labs, the creators of ZKsync, announced on Tuesday that a community airdrop for their new ZK tokens will start next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to about 695,232 eligible wallets. ZK Airdrop Coming Next Week In the release, […]
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term […]