The leader of the Gamestop (GME) short squeeze movement is sitting on potentially one of the best trades of all time shortly after his dramatic comeback to the public eye. Keith Gill, who goes by ‘Roaring Kitty,’ is currently looking at hundreds of millions of dollars in gains after building a massive call option position […]

Revolution In The Crypto World: BlockDAG Towers Over Dogecoin And Optimism With Recent Keynote Launch & $41.6M in Presale Is BlockDAG redefining the cryptocurrency landscape? The launch of its Lunar Keynote has catapulted BlockDAG into the spotlight, generating significant buzz among investors and cryptocurrency enthusiasts alike. This event showcased BlockDAG’s formidable capabilities, setting it apart […]

TL;DR Core Scientific, a company specialized in Bitcoin mining, has signed a $3.5 billion agreement with CoreWeave to invest in the field of AI and HPC. The agreement involves providing 200 MW of infrastructure for CoreWeave’s operations. CoreWeave will initially finance $300 million for infrastructure improvements, to be recovered through hosting fees. Core Scientific, one […]

TL;DR Despite a 54% drop in the overall NFT market in May, Bitcoin NFTs hit a record $4 billion in sales. They dominated the 30-day sales volume with $171 million, surpassing Ethereum’s $159 million and Solana’s $90 million. Merlin Chain has established a comprehensive ecosystem for Bitcoin-native assets, offering an optimized platform for trading and registering […]

[PRESS RELEASE – Abu Dhabi, UAE, June 4th, 2024] Solnarize is thrilled to announce that the presale of it’s $SRIZE tokens will commence on Friday, June 7th, 2024. This presale provides early participants the chance to engage with a project that combines innovative meme culture with the mission of promoting clean energy before listing on […]

We’re thrilled to announce that Wen (WEN), Jeo Boden (BODEN), Doland Tremp (TREMP), Tensor (TNSR), Zeus Network (ZEUS) and Nosana (NOS) are now available on Kraken! Funding and trading WEN, BODEN, TREMP, TNSR, ZEUS and NOS  funding and trading are live. Add these tokens to your Kraken account by navigating to Funding, selecting the asset, […]

The U.S. Energy Information Administration (EIA) estimates Bitcoin mining uses about 170 TWh of electricity per year, or about 0.6% to 2.3% of annual American electricity consumption. The aggregate market cap of 14 publicly traded U.S. mining companies totals about $20 billion, according to an April report by JPMorgan Chase. As the Bitcoin mining industry […]

After a retracement from its previous, Notcoin (NOT) has been exhibiting strong bullish momentum that has drawn the interest of both traders and investors. This ongoing upward trend indicates a robust level of market confidence and increasing optimism over its prospects. Market analysts are keeping a careful eye on important indicators and trends as the […]

Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle.

Will the latest data prompt the Fed to cut rates at a faster pace?

… cryptocurrency, the Department of Justice said Monday. Weidong Guan, 61, also known as Bill Guan, is charged with one count of conspiring to …

A lender known as the “bank to the stars” is being sued for $770 million for allegedly aiding and abetting a Hollywood Ponzi scheme. Plaintiffs for the lawsuit accuse the Los Angeles-based lender City National Bank (CNB) of enabling a fraudulent scheme that bilked hundreds of investors, reports the Los Angeles Times. The lawsuit alleges […]

Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production to “unusually cold temperatures” at its […]

Australia now officially has its first spot Bitcoin ETF that directly holds BTC. The Monochrome Asset Management’s Bitcoin ETF (IBTC) just began trading as the Cboe Australia exchange opened. Trading under the ticker IBTC, the ETF carries a management fee of 0.98%. BREAKING: 🇦🇺 Australia's first spot #Bitcoin ETF to hold #BTC directly officially begins trading. pic.twitter.com/k4OPyPDm5O — […]

Bitcoin lover and founder of MicroStrategy, Michael Saylor, has settled with the District of Columbia (DC) in a whopping US$40m deal. The State accused Saylor of avoiding taxes by misrepresenting his residential status. His company, MicroStrategy, was also embroiled in the scheme by signing off on documents with his allegedly falsified residence. Despite the hefty […]

Jason Pizzino anticipates an eventual upward move for Bitcoin, based on historical trends. He suggests Bitcoin might reach new heights around US$78k to US$81k before another consolidation phase. Pizzino emphasises the need for flexibility and readiness for various market scenarios, highlighting the use of Gann Indicators. While Bitcoin is trading sideways many have the one […]

Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities.

Ethereum ETH is up today but trading volatility remained low as it continued to consolidate despite the latest market increase. However, its bullish trajectory is still intact daily, gathering liquidity for a bigger rally. Looking back to last month’s trading, Ethereum saw a massive explosion near $4k after sitting well above the $2,800 level for […]

Binance has suspended cash payments for peer-to-peer (P2P) trading in India to adhere to regulatory compliance and enhanced security, 99 Bitcoins reported. While cash transactions have been convenient for users in regions with limited banking access, Binance aims to mitigate money laundering risks and promote a safer trading environment through this action. Alternative Payment Methods […]

In a technical analysis, renowned crypto analyst Gert van Lagen presented an extremely bearish outlook for Solana (SOL), suggesting that its price is poised for a substantial downside move. Van Lagen’s analysis is underpinned by the widely acclaimed Elliott Wave Theory, a methodology that seeks to identify recurring patterns and cycles in market price movements. […]

Widely followed trader Inmortal says this year will see massive rallies for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and one additional altcoin. The pseudonymous trader tells his 214,000 followers on the social media platform X that API3 (API3), a decentralized data oracle network that aims to connect traditional APIs with blockchain applications, is ready to […]

JPMorgan Chase is reportedly preparing to launch a biometric payments system for the masses. The banking giant is preparing a “broad rollout” of an authentication system that will allow retail shoppers to pay with their face or palm next year, reports American Banker. The system is the result of two pilot projects with the California-based […]

TL;DR Record revenue of $2 billion in May for digital asset investment products. Continued investments in Bitcoin, with a total of $148 million in inflows. Ethereum sees a positive shift in investor sentiment following SEC approval for a spot-based ETF, with two consecutive weeks of inflows. Investment in digital assets continues its rise, marking a […]

Social Capital CEO Chamath Palihapitiya recently predicted that Bitcoin will reach $500,000 per coin by the end of this year, based on he trajectory of previous halving cycles. The billionaire venture capitalist’s prediction blows past those of bank analysts at firms like Standard Chartered and Bernstein, who believe the halving will be a significant but […]

xAI founder sets cryptocurrency community abuzz with his recent AI meme tweet

For investors seeking resilience and stability in the erratic cryptocurrency market, this is an important consideration. TONUSDT TON/USDT Chart by …

The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors of zero-knowledge proofs publicly chastise the developer. Community Backlash Ends Matter Labs’ ZK […]

Thailand has approved launching its first spot Bitcoin exchange-traded fund (ETF), joining a growing list of countries embracing regulated Bitcoin investment vehicles. BREAKING: 🇹🇭 Thailand SEC approves the first spot #Bitcoin ETF. pic.twitter.com/ju1q83JvVP — Bitcoin Magazine (@BitcoinMagazine) June 4, 2024 The Thai Securities and Exchange Commission (SEC) endorsed asset manager One Asset Management (ONEAM) to […]

The Australian federal court relieved Block Earner from paying a penalty in the local financial regulator’s legal action over unlicensed crypto yield-bearing products.

Veteran trader Peter Brandt believes that Bitcoin (BTC) can soar to a high of $150,000 before the bull market comes to a close. In a new blog post, Brandt says the timeline of each bull cycle has been more or less the same since 2012. “The number of weeks from the start of each bull […]

The chief executive of the financial giant VanEck believes that Bitcoin’s (BTC) market cap will eventually soar to at least half of gold’s market cap. In a new interview with Scott Melker, VanEck CEO Jan van Eck says that it could take up to a decade for traditional finance (TradFi) to help drive Bitcoin’s market […]

Starting June 30, 2024, the European Economic Area (EEA)will enforce new regulations under the Markets in Crypto-Assets (MiCA) framework, specifically targeting stablecoins. Binance, one of the world’s largest cryptocurrency exchanges, plans to roll out comprehensive changes to ensure compliance, impacting everything from trading to rewards. Only regulated companies can issue and offer stablecoins, termed regulated […]