Luxury sports car manufacturer Ferrari announced it will expand the ability to pay with Bitcoin and crypto to its European dealerships starting this month. The move comes after Ferrari first began accepting Bitcoin and crypto payments at its US dealers last year. JUST IN: Luxury Cars Manufacturer Ferrari to accept #Bitcoin and crypto payments in […]

TL;DR The Bitcoin Conference will take place in Nashville from July 25 to 27, with confirmed participation from presidential candidates Donald Trump and Robert F. Kennedy Jr. Kamala Harris will not attend the event, despite speculations about her participation to attract crypto voters. David Bailey, the conference organizer, confirmed her absence. Donald Trump now presents […]

TL;DR Mountain Protocol launches USDM on Injective, the ecosystem’s first native yield-bearing stablecoin. USDM, backed by Treasury bonds, offers users an annualized yield of 5%. The integration enables USDM to be used as margin for derivatives trading on the protocol, opening up new applications for asset tokenization. The integration of Mountain Protocol into Injective marks […]

Classic video game publisher Atari has branched into the GameFi sector in collaboration with Coinbase’s Ether L2 solution, Base. The team is launching a blockchain-hosted version of retro arcade game Asteroids, with plans of more to come. The Web3 version of the game will use blockchain tech to record scores, grant NFT access passes and […]

Riot Platforms (NASDAQ: RIOT), the third largest Bitcoin mining company by market capitalization, announced this week its acquisition of Kentucky-based Block Mining for $92.5 million. The deal immediately boosts Riot’s hash rate and expands its geographical footprint beyond Texas into new energy markets. Riot Platforms Acquires Block Mining for $92.5 Million, Expands Bitcoin Capacity The […]

The country is trending in cryptocurrency savings as residents look to find ways to protect sayings and face inflation.

The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less than one year following its launch, the Layer 2 network has run into some hard times, losing market share to larger counterparts. This has led to […]

Bitget Wallet’s surge in popularity among Nigerian users highlights its growing appeal in the Web3 space, amidst evolving digital finance trends.

Digital assets-focused investment firm Pantera Capital is highlighting key reasons for why they believe the altcoin market is depressed. In its latest Blockchain Letter, Pantera Capital portfolio manager Cosmo Jiang says that macroeconomic conditions are hurting the crypto market along with fears over a supply overhang and an increase in altcoin projects. Jiang also says […]

The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giesecke+Devrient (G+D) stated that the proof of concept (POC) demonstrated the effectiveness of utilizing digital credentials for international trade and cross-border […]

[PRESS RELEASE – London, England, July 24th, 2024] MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as a significant player in […]

Despite setback on Monday, markets are recovering slowly but surely

Bitcoin is much more than a typical online payment system. After all, we have plenty of those: PayPal, Venmo, and the like. Bitcoin and other privately used cryptocurrencies are cash for the internet. Paper cash is an almost perfect way to pay someone. You don’t need an account. It doesn’t care who you are or […]

The ChatGPT maker reportedly will spend some $7 billion on AI testing this year.

Coinbase’s market leadership in the US is under threat, according to crypto market data analytics firm Kaiko Research. In a new report, Kaiko Research says the US crypto exchange landscape has shifted, with a relatively new entrant, Bullish, managing to garner increased market share, even gaining an advantage over Coinbase on some digital assets. “When […]

Coinbase is serving as a custodian for eight of the nine newly approved Ethereum (ETH) exchange-traded funds (ETFs), according to Brian Armstrong, the exchange’s chief executive. Nine Ethereum ETFs kicked off trading in the US on Tuesday, including products from BlackRock, Fidelity, 21Shares, Invesco, Franklin Templeton, VanEck, and Bitwise, as well as two different funds […]

Ripple’s XRP appeared back on a buying spree after undergoing a small pullback last week. It is charging back strongly and is now on the verge of breaking higher following a 6% increase in the past 24 hours. Last week marked a new milestone for XRP as it witnessed a steady surge near April’s high […]

Who does not like to possess wealth? The cryptocurrency sector harbors several investors and enthusiasts who would love to double their money and …

Traders are becoming drawn to the meme-inspired crypto PEPE, after a technical study by the famous crypto expert World Of Charts shows it has some surprises under its sleeves. As shown on X, PEPE is forming a positive pennant, which is a common technical sign for big price increases. According to World of Charts, the […]

TL;DR Bitcoin’s price has risen to between $66,000 and $68,000, increasing activity in perpetual futures, with 75% of Short-Term Holders’ (STH) assets now in profit. Binance, Bybit, and OKX dominate the perpetual futures market, accounting for 84% of the open interest, with a range of 260,000 to 280,000 BTC since June. Highly leveraged positions have […]

Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $4 billion, Sygnum caters to clients from over 60 […]

The bankrupt crypto exchange Mt Gox has been spotted moving billions of dollars worth of Bitcoin following the successful distribution of BTC to its creditors. On Tuesday, Dave Ripley, CEO of Kraken, which was selected to facilitate the transfer of coins back to creditors, announced that a successful distribution of BTC and Bitcoin Cash (BCH) […]

Prominent privacy-focused email platform Protonmail is releasing its very own native Bitcoin (BTC) wallet. In a new thread on the social media platform X, the encrypted email provider announces the launch of its new crypto wallet allowing users to send BTC via email. “Today we’re launching Proton Wallet, an open-source, end-to-end (ETE)-encrypted, and self-custodial Bitcoin […]

The second day of trading for the spot Ethereum ETFs was quite different than the first as more than $133 million were withdrawn from the largest financial vehicles. The underlying asset’s price reacted with a massive price drop that drove it south by 10% in a day, thus proving the initial reports that the approvals […]

Can Bitcoin still crash to $3,500?

Alby is officially launching the waitlist for their new product, Alby Hub. The Hub is a one-click install Lightning Node application that aims to make self-custodial Lightning use as painless as possible. Users can sign up to join the waitlist here. Alby Hub integrates a one click Lightning node, a self-custodial Lightning wallet, and an […]

Money from cryptocurrency advocates could play a role in the 2024 election cycle, so why does the Stand With Crypto PAC seem to be obfuscating its numbers?

Cryptocurrency mining has come a long way since the early days of Bitcoin, where CPUs were the primary hardware used. As the complexity of mining …

The XRP price has struggled despite scoring multiple partial victories against the United States Securities and Exchange Commission (SEC) over the last year. The initial surge was not enough to push it into the coveted $1 level. However, this has not deterred bulls, especially with bullish formations on the chart and multiple predictions that the […]

Amid this week’s drop, BNB halted bullish and slightly took a downturn after facing a key resistance level. The price is now looking weak after shedding roughly a 3% loss since Monday. It still trades in a bullish zone. The past three weeks saw BNB through an insane 30% increase after correcting lower for a […]

Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx co-founder Nischal Shetty. “We’re actively contacting projects linked to the stolen tokens to seek their support in the recovery […]

The U.S. House of Representatives recently passed bipartisan legislation that would prop up a working group designed to probe the use of digital assets in illicit finance. The Financial Technology Protection Act would pull together officials from the private sector and a wide range of government departments to develop reports on how fintech can be […]