ETH traders have incurred large losses, with nearly $108M liquidated in 24 hours as the cryptocurrency fell by almost 5%. Grayscale’s high-fee Ethereum ETFs in the US are experiencing outflows, while new, more affordable Ethereum ETFs are seeing inflows. Market analysis suggests more challenges ahead for Ethereum, impacted by weak fundamentals and broader market pressures. […]

Steven Fulop, the mayor of Jersey City, New Jersey, has announced that the city’s pension fund will allocate a portion of its investments into Bitcoin ETFs. Fulop also expressed his long-standing belief in cryptocurrency, although he had not publicly mentioned Bitcoin or other assets before July 25. Jersey City Updates Paperwork with SEC In a […]

The Bitcoin 2024 conference in Nashville continues today with a packed schedule of high-profile keynotes and discussions on the future of Bitcoin. Following yesterday’s industry-focused sessions, the main two-day Bitcoin 2024 conference kicks off this morning. Speakers slated for today include Michael Saylor, Cathie Wood, Edward Snowden, Robert F. Kennedy Jr. and more Bitcoin luminaries. […]

Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks.

Hannah had been trapped by a cryptocurrency scam and had already had over $300,000 stolen. After being scammed, she was struggling mentally …

Toncoin (TON) has recently seen a notable price decline, dropping below its 100-day Simple Moving Average (SMA). This breach of a critical technical indicator has placed the digital asset under bearish pressure, raising concerns among investors and traders. With the $6 mark now looming as a potential target, there is market speculation about whether the […]

A widely followed crypto analyst says that Bitcoin (BTC) could have further upside after rebounding off a major support zone. In a new strategy session, crypto trader Rekt Capital tells his 483,300 followers on the social media platform X that the crypto king could shoot up past $71,000 over the Labor Day weekend. “Bitcoin successfully […]

Bitcoin (BTC) is in an accumulation phase, according to the chief executive of CryptoQuant. Ki Young Ju tells his 356,900 followers on the social media platform X that 358,000 BTC moved to permanent holder addresses in the past month. The CEO notes global spot exchange-traded (ETF) inflows in July were only 53,000 BTC. “Though not […]

According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City, New Jersey, that the city’s pension fund will invest […]

You probably should not fret about the recent Ethereum price drop, according to this analyst

BlockDAG’s Upcoming CEO Reveal & 30,000x ROI Lure Massive Whales; Toncoin Turns Bullish as Cardano Breaks Resistance Level  Toncoin (TON) price is drawing significant attention, with analysts predicting a strong upward trend driven by recent advancements and increased adoption. Concurrently, Cardano (ADA) has broken through the $0.4 resistance level, suggesting a bullish outlook and potential […]

“I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated cryptoassets can facilitate unlawful behaviour, including drug trade and other illegal activity.” Thankfully, the official position of the Republican Party has changed dramatically since President Donald J Trump condemned […]

A crypto PAC used roughly $1.5 million to fund a media buy for Democrat Emily Randall, while her rival’s campaign manager criticized the move as having “sold out” the district.

TL;DR Senator Elizabeth Warren has criticized cryptocurrency mining operations in the United States, arguing that they represent a threat to national security and energy infrastructure. The senator claims that a significant portion of mining facilities is owned by Chinese nationals and that they could be used for espionage or to compromise the power grid. Support […]

TL;DR Tether has integrated USDT into the multi-chain wallet TokenPocket, expanding its use on the Telegram Open Network (TON) blockchain. The integration allows TokenPocket users to perform transactions with TON-based USDT, enhancing the stablecoin’s functionality within the Telegram ecosystem. TokenPocket provides users with diverse options for managing assets through stablecoins. Tether has announced a significant […]

After over a decade of waiting Mt. Gox repayments have begun for over 20,000 customers, stirring mixed emotions among Bitcoin enthusiasts. Some investors feared that the sudden influx of Bitcoin might trigger a selloff, leading to a drop in prices. However, initial observations suggest a different trend.  CryptoQuant data suggested that over the last 48 […]

Well-known cryptocurrency critic and United States Senator Elizabeth Warren is waging war on digital asset miners, especially foreign-owned facilities, for their supposed risks to environmental and national security. During a recent Senate Committee on Banking, Housing, and Urban Affairs hearing, Warren questioned the Treasury Department’s assistant secretary for investment security, the Honorable Paul Rosen, about […]

The bankruptcy estate of the now-collapsed crypto lending platform BlockFi announced yesterday (Thursday) its plans to return “100 percent” of the distressed clients’ claims. However, it will calculate the value of the claims based on the date of the bankruptcy and not the current crypto market value. Recovery of Funds from FTX The return of […]

Central banks' investment in bitcoin would lend credibility to cryptocurrency, potentially elevating it to a status similar to gold in terms of being …

Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and […]

A prominent crypto firm is launching a new crypto hardware wallet with touchscreen capabilities. In a new announcement on the social media platform X, Ledger says that it is releasing a new product in its line of crypto wallets equipped with touchscreens. “Ledger Flex is here. Alongside Ledger Stax, Ledger Flex is the latest addition […]

One low-cap altcoin surged by more than 27% this week amid its newly announced involvement in a central bank digital currency (CBDC) project. Coti (COTI) is a privacy-focused layer-2 network built on Ethereum (ETH). The project’s native asset is trading at $0.118 at time of writing, up from $0.0929 one week ago. Coti announced on […]

A crypto expert has predicted how high the Bitcoin price can go during this cycle

The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele recently expanded the action of the Farmers’ Markets and slashed import […]

Casa, a leading provider of Bitcoin self-custody services, has announced an integration with YubiKeys, enabling users to secure their Bitcoin vaults with Yubikeys.  YubiKeys are small physical devices that provide multi-factor authentication and securely store sensitive data like passwords and keys. By integrating support for YubiKeys, Casa members can now use the devices as one […]

Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.

UFC Champion Alex Pereira Joins Forces with BlockDAG, Presale Surges to $61M; Insights on Bitcoin Cash & Toncoin Prices As Bitcoin Cash (BCH) nears the significant $400 mark and Toncoin (TON) prepares for record highs, the crypto community is buzzing. Amid these exciting developments, UFC champion Alex Pereira has signed on as BlockDAG’s brand ambassador. […]

The Swiss Financial Market Supervisory Authority (FINMA) has today (Friday) released new guidance regarding the issuance of stablecoins. This document addresses default guarantees, associated risks, and FINMA’s approach to regulating stablecoins. It also highlights increased risks related to money laundering. Stablecoin Risks Highlighted In recent years, stablecoin projects have gained significance in Switzerland. These projects […]

PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced a new campaign in response to USDC …

CRV, the native token of Curve, a stablecoin decentralized exchange (DEX), is under immense selling pressure. After the hack of July 2023, CRV has never been the same again. However, the painful liquidations of Michael Erogov’s loans have worsened the situation for holders. Curve Founder Forced To Sell $677,000 Of CRV, Token Falling After the […]

TL;DR Ledger launches the new Flex model, an intermediate option in its line of hardware wallets, priced at $249 with advanced features, such as a 2.8-inch E Ink touchscreen. The Flex model includes USB C connectivity, Bluetooth 5.2, and NFC, and promises long battery life. It is available in two versions: black and silver, and […]

BlackRock, the world’s largest asset manager, sees limited interest in crypto beyond Bitcoin and Ethereum. Robert Mitchnick of BlackRock stated clients focus mainly on BTC, with lesser interest in ETH, and little beyond. Despite BlackRock’s cautious stance, other firms like Franklin Templeton and Hashdex explore further crypto ETFs. Hoping to see more crypto exchange-traded funds […]