Louisiana is now accepting bitcoin, bitcoin lightning, and USD coin cryptocurrency payments for state services.
Nothing stops this train. No, I’m not talking about the Federal Reserve money printer, I’m talking about the string of ETF announcements from Wall Street and the related crypto firms servicing it this week. I’m talking about today’s hybrid Ethereum-Bitcoin ETF, yesterday’s XRP ETF, and what will likely be 2025’s basket memecoin ETF offering exposure […]
Learn about SUI blockchain’s innovative architecture, scalable solutions, and its potential to reshape the landscape of decentralized networks.
In the cryptocurrency landscape, token performance varies widely, particularly when assessing unlocked value and price movements. Recent trends reveal stark contrasts among different sectors. The DeFi and decentralized exchange (DEX) sectors have collectively unlocked over $1.6 billion in value. However, their price performances tell a different story, with DeFi tokens experiencing a nearly 15% decline […]
Ethereum has seen a 15% drop since hitting its recent high of $2,729 last Friday, leaving analysts and investors feeling frustrated with the price action. Many expected the bullish trend to continue, but Ethereum has struggled to maintain upward momentum. Concerns are mounting as some market observers predict a deeper decline, possibly falling to yearly […]
A special law enforcement operation by the Australian Federal Police (AFP) has enabled authorities to gain access to crypto assets linked to the alleged mastermind and administrator of an organized crime app. Last month, the AFP arrested and charged Jay Je Yoon Jung for allegedly creating Ghost, an encrypted communication platform that authorities say is […]
A widely followed crypto analyst says that one catalyst could spark a bull run for Bitcoin (BTC) and other digital assets. In a new video update, crypto strategist Jason Pizzino tells his 334,000 YouTube subscribers that the latest BTC crash can be attributed to the US dollar breaking out of its slump. “Bitcoin also dropped […]
Market is certainly going through something
Global outcry as Cambodia arrests crypto scam investigator, Japan’s new Prime Minister supports crypto, and more: Asia Express.
TL;DR PayPal completed its first business transaction using its stablecoin PYUSD, paying an invoice to Ernst & Young through SAP on September 23. PYUSD has a market capitalization of approximately $700 million and is designed to facilitate fast and secure transactions. The use of stablecoins eliminates delays and risks in B2B transactions, allowing companies to […]
TL;DR Binance experienced a 21% decline in derivatives trading volume in September, reaching $1.25 trillion, the lowest level since October 2023. Spot trading volume also decreased by 22.9%, totaling $344 billion, the lowest figure since November 2023. Crypto.com, its competitor, grew by 40.2% in spot trading and 42.8% in derivatives, reaching a market share of […]
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 U.S.-based spot bitcoin ETFs […]
Crypto.com, a trusted and leading global cryptocurrency platform with over 100 million customers, has once again set an industry milestone by …
Follow Frank on X. Last night, I had the distinct pleasure of having an in-depth conversation with Jeff Booth, who I often refer to as the Eckhart Tolle of Bitcoin. Booth, soft-spoken yet direct, harped on one point in particular in the conversation that, while at first I didn’t grasp, ended up resonating deeply with me. […]
The SEC has launched an appeal against the final judgement in its case against Ripple, which was handed down in August. A spokesperson for the regulator says that the judgement conflicts with decades of precedent in securities law. Ripple’s CEO Brad Garlinghouse has responded to the appeal on X / Twitter, labelling Gary Gensler and […]
MSTX was the first leveraged ETF offering 1.75x exposure to MicroStrategy’s stock, attracting record inflows on its launch day. MSTU, a 2x leveraged ETF, launched one month later and quickly gained US$72 million in assets under management (AUM) within a week. Both MSTX and MSTU have strong liquidity, with MSTX now in the top 8% […]
The identity of Satoshi Nakamoto has remained a secret ever since the pseudonymous creator of Bitcoin left the scene back in 2010. Now, “Money Electric: The Bitcoin Mystery” claims to have identified him. According to a Politico report, Cullen Hoback’s documentary is expected to air next Wednesday at 2 AM CET. Not much else is known at […]
Marathon Digital Holdings, the largest publicly listed Bitcoin (BTC) miner on Wall Street (NASDAQ: MARA), has caught the attention of financial group Macquarie, which initiated coverage of the company’s shares with an “Outperform” rating. Due to the company’s moves towards the artificial intelligence (AI) industry, the stock is expected to grow by nearly 50% in […]
Pantera Capital CEO Dan Morehead thinks the US will have a “rational policy on blockchain” regardless of who wins November’s presidential election. In a recent newsletter, Morehead points to Vice President Kamala Harris’ decision to mention the blockchain sector in a speech last week. At a campaign event in Pittsburgh on September 25th, Harris spoke […]
A memecoin built on the Ethereum (ETH) layer-2 scaling solution Base is up nearly 128% in the past 24 hours after being added to Coinbase’s listing roadmap. Degen (DEGEN) is trading at $0.009 at time of writing, up from around $0.004 one day ago. The memecoin, which launched on Base in January, serves as a […]
According to a recent report by Bloomberg, Binance, the world’s largest cryptocurrency exchange by trading volume, is facing significant challenges as its market share continues to decline. In September, Binance’s share of trading volume in the roughly $2 trillion digital asset market fell to 36.6%, down sharply from 42.7% at the start of the year […]
Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change.
The Dogecoin network has been experiencing impressive growth recently, with a 72% increase in new $DOGE addresses over the past week. On Monday alone, 19,630 new Dogecoin addresses were created, signaling heightened interest and participation in the cryptocurrency. The #Dogecoin network is experiencing significant growth! Over the past week, there's been a 72% increase in […]
Gold might still be more favorable for avoiding risks
Dogizen, the viral Telegram game that’s amassed 1 million users on Telegram, launches its presale this Friday—the first-ever Telegram ICO. The presale meets huge anticipation based on the success of other Telegram gaming tokens like Catizen’s CATI and Hamster Kombat’s HMSTR, as well as newcomer DOGS, which recently broke records with its own Telegram airdrop. […]
Linux servers are the target of an ongoing campaign that delivers a stealthy malware dubbed perfctl with the primary aim of running a cryptocurrency …
In his take from this Monday, Nikolaus argued that Donald Trump is heavily pro-Bitcoin. I beg to differ. Yes, Trump is providing lip service to Bitcoiners, which is more than we can say of Kamala Harris. The fact that he spoke at the Bitcoin conference is certainly interesting, and at least indicates that he’s aware of […]
TL;DR Aptos Labs Acquires HashPalette: Aptos Labs has expanded into the Asian market by acquiring Japanese NFT service provider HashPalette Inc., aiming to integrate Japanese businesses into its blockchain ecosystem. Strengthening Presence in Japan: The acquisition will see HashPalette’s Palette Chain migrate to the Aptos Network by early 2025, aligning with Aptos’ role as the […]
Bank of America customers are reporting massive issues with online and mobile banking. The site monitoring service Downdetector shows tens of thousands of customers have reported severe service disruptions in the last few hours, with users on the social media platform X stating that their balances have dropped to zero. Downdetector says it’s also witnessing […]
A crypto strategist holding a “Master Trader” rank on the crypto exchange Bybit says one Solana (SOL)-based memecoin looks poised to have a strong week despite the latest correction. Pseudonymous analyst Bluntz tells his 278,100 followers on the social media platform X that Bonk (BONK) looks to be in the midst of a five-wave surge. […]
October’s measured historical performance, and why it could be a decisive month. US jobs data to land overnight and Friday, unexpected results could drive volatility. Altcoin analysis: SUI and SEI. Bitcoin and other cryptocurrencies have had a rocky start to the new quarter. On October 1st, Bitcoin dropped by -3.9%. Early this morning Bitcoin’s price […]
Bitwise has filed for the first spot XRP ETF with the US SEC, providing investors exposure to XRP’s value, minus operational costs and liabilities. This filing follows a previous XRP ETF Trust filing in Delaware on October 2, signalling a formal follow-through. Market observers are unsure if a futures market is needed for approval, similar […]