The US spot Ethereum ETFs are set to launch on Tuesday, July 23rd, with projections indicating potential monthly inflows of $1.2 billion. This forecast comes from ASXN, a research firm specializing in crypto finance analytics. US Spot Ethereum ETFs Could Surprise To The Upside At the core of ASXN’s analysis is the comparison between the […]

The Monetary Authority of Singapore injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding.

Solana may be on verge of huge price movement if this indication turns out right

After collaborating with legal departments of the world’s largest investment banks, Daniel Lo has just joined the Acheron Trading team. As Finance Magnates exclusively learned, the expert with over 12 years of experience in financial law has become the new Chief Legal Officer (CLO) of the crypto market maker, which significantly increased its trading volume […]

In response to a significant cyberattack, WazirX, one of India's leading cryptocurrency exchanges, has launched a bounty program aimed at freezing …

TL;DR ETH ETFs will unlock new capital for the Ethereum ecosystem, attracting institutional and retail investors. The end of regulatory uncertainty and the recent approval of ETFs provide greater clarity for investing in Ethereum. The shift in the macroeconomic outlook will favor riskier assets, such as Ether, with possible interest rate cuts. The arrival of […]

TON has introduced its latest interoperability product, TON Teleport BTC. The project’s details were released over the weekend and will allow BTC holders to convert traditional Bitcoins into tokens that can be spent on the TON network at a 1:1 ratio. TON will back all BTC issued with equivalent reserve holdings. The Open Network (TON) […]

Ryan Selkis announced his resignation as CEO of crypto analytics firm Messari on X on Friday, following a week in which he posted inflammatory political messages. Selkis said anyone who doesn’t vote Trump can “die in a f***ing fire” and declared that the US is literally at war. Selkis will continue full-time at Messari in […]

Digital assets manager CoinShares says that institutional crypto investors are going in heavy on the leading altcoin Ethereum (ETH). In its latest Digital Asset Fund Flows report, CoinShares says crypto investment products enjoyed $1.35 billion in inflows last week. “Digital asset investment products saw further buying with inflows of US$1.35bn last week, bringing the last 3 […]

The president of payments firm Ripple says the company is aiming to be the number one digital aset infrastructure provider for financial services. In a new company blog post, Ripple president Monica Long says the firm is looking at more opportunities to move the traditional finance (TradFi) world over to more modern financial tools. Long […]

Bitcoin has gained around 17% since last weekend, which equates to around $9,000 over the past seven days or so. The asset was trading below $60,000 last weekend but surged to a six-week high above $68,000 on July 22. What has been driving market momentum for the past week, and will it continue? Bitcoin Is […]

The recent addition of laser eyes, a feature popular among bitcoin enthusiasts, to Elon Musk’s profile picture has spurred speculation around his potential involvement in the upcoming Bitcoin 2024 Conference to be held in Nashville, Tennessee. According to Eleanor Terrett, a Fox Business journalist, Musk arrived in Tennessee on July 21. She suggested that Musk’s […]

Mercuryo integrates crypto on-ramp solutions in Indonesia, enabling users to convert their Indonesian Rupiah into 40 digital tokens, including BTC, ETH, and USDT.

BlockDAG Amasses Over $60M Presale Following UFC Star Alex Pereira’s Endorsement While AVAX & TRX Prices Fluctuate Despite price swings, Avalanche (AVAX) and Tron (TRX) continue to attract significant interest from investors. Amid these shifts, BlockDAG, a layer-1 blockchain project, has garnered significant attention due to its successful presale, making it a preferred choice for […]

The story of human progress can be simplified into the story of increasing energy utilization. We harness energy to create order, both in terms of biology and society. Energy surpluses allow for every form of wealth creation, which in turn produce new technologies to effectively harness yet more energy. This truth has inspired famous concepts […]

The crypto market is again all shades of green, with Bitcoin and altcoins enjoying significant rallies. Crypto analyst Capo of Crypto has provided further optimism, suggesting that these tokens will still make more massive moves to the upside. “The Best Is Yet To Come” For Bitcoin Capo of Crypto opined in an X (formerly Twitter) […]

Bitcoin (BTC) macro investors might be in profit, leveraging DCA strategy during inevitable drawbacks

The defunct cryptocurrency exchange Mt. Gox is preparing to repay its creditors through the Bitstamp exchange, Cointelegraph reported, citing recent on-chain activities. The cryptocurrency exchange has reportedly executed test transactions that hint at imminent large-scale repayments. On-chain Transactions Mt. Gox has been dormant since it collapsed a decade ago, but recent on-chain fund movements indicate […]

DP, an employee of a state-owned bank in Purbalingga, was charged with embezzling customer deposits to invest in cryptocurrency.

Crypto investor Chris Burniske says that Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and the crypto market in general look ready to make a run. The former head of crypto at ARK Invest tells his 292,200 followers on the social media platform X that several catalysts are now lining up, hinting that digital asset markets are […]

CoinShares reports an unprecedented inflow into digital asset investment products, signaling growing investor confidence and positive market sentiment.

TL;DR Metaplanet completed its goal of buying 1 billion yen in Bitcoin, acquiring an additional 20.38 BTC for $1.2 million. The company’s stock has increased by 810% since announcing its commitment to BTC in April, reaching $1.10. The Japanese firm has been compared to MicroStrategy for its BTC investment strategy, positioning itself as a pioneer […]

Five new spot Ethereum ETFs are set to be launched on the Cboe stock exchange on Tuesday, pending final regulatory approval. In addition to the five funds on Cboe, ETFs from Grayscale, BlackRock and Bitwise are expected to start trading on Tuesday. Anticipated trade in the ETFs is expected to improve ETH’s liquidity and boost […]

Biden resigned from running for re-election just 25 days after a remarkable debate. While Harris lacks a clear crypto stance, Trump’s potential second term could significantly favour US crypto firms. It only took 25 days for Joe Biden to change his mind about running again for US President and announce his resignation. The current US […]

TL;DR Speculation about a Ripple-SEC settlement has risen due to an agency-closed meeting on July 25. Ripple CEO Brad Garlinghouse and lawyers suggest a settlement could happen soon, with the regulator lowering its fine demand, indicating potential progress. A Possible Settlement or Just Rumors? The legal spat between Ripple and the US Securities and Exchange […]

Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $1,000,000 to this initiative, aimed at promoting the Group’s business development and expansion in the Web3 industry. Boyaa aims to ‘deepen its presence in the Web3 industry, leverage the […]

Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is moving higher above the $3,500 zone. The price is trading above $3,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,450 on […]

Bitcoin’s price rattled Sunday as President Joe Biden announced he is quitting the 2024 race for the White House. As the news broke, BTC dropped from $67,453 to $65,884 in an instant before recovering to $66,893 at time of publishing. Bitcoin has rallied in recent weeks after Former President Trump declared his support for the […]

US banking giant Citigroup will shell out $135.6 million to regulators for failing to fix longstanding issues with the bank’s risk management, compliance, data handling and internal controls. The Federal Reserve and the Office of the Comptroller of the Currency (OCC) have imposed the collective fine for failing to address deficiencies flagged in two enforcement […]

Compared to other Layer 2 tokens, which have seen a notable increase in the past few days, Matic struggles with volatility as it briefly recovers. It encountered resistance and now looks poise for a fresh drop.  Following a monthly crash to a two-year low of $0.428, Matic quickly rejected the low-price level and bounced back. […]

SHIB price making rebound after earlier sell-off

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