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 […]
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 […]