The volatile nature of bitcoin and strong reactions of cryptocurrency markets to world events – be they political or financial – are well known by …

Big banks in the US are boosting the amount of cash they’re handing to new customers as the fight for deposits intensifies for the first time in years. JPMorgan Chase and Wells Fargo in particular are battling it out to curb deposit flight triggered by the Federal Reserve’s interest rate hikes, reports the Wall Street […]

Following a 30% recovery in the past three weeks, Bitcoin scaled through several key resistance levels to reach a new milestone today. It saw a sharp rejection and is now showing signs of weakness on the day. Adding $5k to its price in a week, Bitcoin reached its highest trading level of $68,474 after five […]

TL;DR Ripple’s XRP has surged 40% in two weeks, now trading above $0.60, with analysts predicting further gains up to $8 or more. Key metrics like daily transactions and open interest are up, indicating strong market participation, though some traders remain skeptical about a major rally. Where’s XRP Headed? Ripple’s XRP has been on a […]

The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on trusts holding bitcoin. The organizations involved include Box Exchange LLC, Cboe Exchange Inc., Miax International Securities Exchange LLC, Miax Pearl LLC, Nasdaq ISE LLC, and […]

The Hong Kong Stock Exchange (HKEX) is poised to make history tomorrow with the launch of Asia’s first inverse Bitcoin exchange-traded fund (ETF). JUST IN: 🇭🇰 Asia’s first inverse #Bitcoin ETF to go live tomorrow in Hong Kong. pic.twitter.com/HSV28BZd2l — Bitcoin Magazine (@BitcoinMagazine) July 22, 2024 The CSOP Bitcoin Futures Daily (-1x) Inverse Product will begin […]

Dogecoin (DOGE) prices might be about to go through the roof. Famous crypto researcher Javon Marks thinks that the value of DOGE could go up by 378%, which could push the meme currency to an all-time high of $0.6533. If this prediction comes true, it will be a huge change for DOGE, whose road has […]

Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam.

The American arm of crypto exchange Binance has just secured court approval to invest its customer assets in US Treasury bills (T-bills). In an order dated July 19th, Judge Amy Berman Jackson for the District of Columbia greenlights Binance.US to invest “certain customer fiat funds” that are now in the custody of digital asset trust […]

As crypto grows in popularity and mainstream adoption, a myriad of new Web 3.0 launchpads are introduced to the market monthly. So, what sets SidusPad apart? What are its main advantages, and what mechanisms does the platform employ to cater to its users’ needs? SidusPad is a platform, created to propel stellar projects in the […]

TL;DR HNT rose 45.19% in seven days, reaching $5.06, and is the second-best performing token among the top 100 cryptocurrencies. The Helium mobile network surpassed 100,000 subscribers, with a more than 300-fold increase in a year. Helium is in a pilot program with telecom companies to transfer data and has launched a licensing program for […]

The UK Government has switched parties for the first time in over a decade, with the Labour government taking control. The Government holds over AU $6b worth of Bitcoin, most of which were seized during a high-profile money laundering case. Some believe that the UK’s new Chancellor of the Exchequer, Rachel Reeves, may liquidate a […]

Are laser eyes actually back in style?

The use of cryptocurrencies in various criminal activities has become increasingly prevalent, according to Europol’s latest Internet Organised Crime Threat Assessment (IOCTA) report released today (Monday). The European Union’s law enforcement agency highlights the growing role of digital assets and artificial intelligence in cybercrime, signaling potential challenges for investigators and regulators alike. Cryptocurrencies Fuel Cybercrime […]

They provide a key to widespread blockchain adoption within the cryptocurrency space. 2. Decentralized Exchanges (DEXes). DEXes are, therefore, an …

Ethereum maintained a bullish daily since it bounced off a key support level over the past days. However, buying has slowed due to multiple rejections at the monthly resistance.  The overall market structure currently appeared bullish from a long-term perspective, but Ethereum has been finding it difficult to conquer the key $3,525 resistance level (the […]

Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for Exchange Traded Products (ETPs) also saw a significant increase, up 45% week-over-week to $12.9 billion. However, this accounted for a lower-than-usual 22% of the overall crypto market volumes. Bitcoin […]

Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test […]

With President Biden bowing out of the US 2024 election, the Democrats now have an opportunity to pivot to a more crypto-friendly stance to gain votes, according to lawyer Jake Chervinsky. Chervinsky, the chief legal officer of crypto venture capital firm Variant Fund, says that the Democrats have a good shot at winning back a […]

The Breez SDK is launching integration of the Liquid Network in addition to their support for the Lightning Network. Breez SDK has been a great success in making integration of Lightning support easier for developers. Used by Relai, Cake Wallet, CrowdHealth, and numerous other companies who have built out support for the Lightning Network. Liquid […]

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 […]