Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market […]
The European Commission and Elon Musk’s social media site, X, look set to battle over alleged transparency violations.
TL;DR Critical Evaluation: Vitalik Buterin urges crypto users to look beyond “pro-crypto” labels and explore candidates’ underlying values, especially regarding privacy, digital identity, and access to information. Nuanced Approach: He warns against blindly supporting politicians solely based on crypto endorsements, emphasizing the need to prioritize decentralization, privacy, and technological freedom. Debate and Complexity: Buterin’s stance […]
The crypto market has rebounded from a mediocre June, with many top-100 market cap coins experiencing double digit gains. Worldcoin was a big winner of the rally, with the coin breaching the US $3 mark before settling at weekly gains of ~40%. Mantle, an Ethereum rollup and network for dApp developers, has continued its foray […]
Bitcoin has recovered to US$63,733 after the crash to US$54,000 marking an 18.5% gain. Despite positive market indices, social commentary on Bitcoin has fallen, and short positions have increased. Retail interest in Bitcoin remains low, potentially impacted by the popularity of Spot Bitcoin ETFs and meme investments. The crypto Fear & Greed Index has returned […]
This summer, the meme coin market is getting hotter and hotter. A number of new projects have been making a splash and so if you want to join this trend, here are three of the most interesting ones. The first one is called Angry Pepe Fork (APORK), the next comes Super Trump Coin (STRUMP) and […]
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the same immediate transaction settlement enjoyed by customers of the same bank. The Allure of Fireblocks Integration The South African cryptocurrency trading platform Luno […]
“Golf is deceptively simple and endlessly complicated; it satisfies the soul and frustrates the intellect. It is at the same time rewarding and maddening – and it is without a doubt the greatest game mankind has ever invented.” – Arnold Palmer This quote from one of golf’s greatest is reminiscent of the bitcoin journey in […]
A gaming altcoin built on Ethereum (ETH) is seeing 50% gains after being suddenly listed on top US crypto exchange platform Coinbase. In a new post on the social media platform X, Coinbase says it is now listing ETH layer-2 gaming blockchain Ancient8 (A8) with an experiment label, meaning the asset could have low trading […]
Former US president Donald Trump says he is planning to release a new series of non-fungible tokens (NFTs) following the success of his previous collections. In an interview with Bloomberg Businessweek, the Republican presidential candidate says he will launch a fourth NFT collection as he sees demand for a new one. “I did things like […]
Shiba Inu marks first death cross in 2024, but there’s silver lining
Cryptocurrency is a digital currency that generally exists only electronically. It's stored in a digital wallet, which can be online, on your …
Bitcoin wakes up at the Wall Street open with bulls in the driver’s seat for another snatch at the highest BTC price levels since mid-June.
RippleX, the portal designed to empower developers in the XRP Ledger ecosystem, shared an important update today that requires action from certain users. In a post to Twitter, RippleX took the opportunity to remind people that anyone operating a node on XRPL has to upgrade to the latest version of Rippled in order to ensure […]
Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In […]
A closely followed crypto analyst says that one altcoin that has seen gains of over 120% in two weeks is gearing up to continue its upward momentum. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 217,800 followers on the social media platform X that Cosmos (ATOM)-based GameFi project Dymension (DYM) looks […]
Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exchange counterparty risk, marking a substantial step in risk mitigation for over-the-counter transactions in the cryptocurrency market. The collaboration is expected to improve the […]
TL;DR SEC Cancels Closed-Door Meeting: The U.S. SEC unexpectedly canceled a closed-door meeting originally scheduled for July 18, leaving the Ripple-XRP community in suspense. Settlement Speculation: The meeting’s agenda included settlement discussions, fueling rumors of a potential resolution between the SEC and Ripple. Spot Ethereum ETF Approval: Coinciding with the cancellation, XRP’s price dropped, and market participants […]
TL;DR BIS Targets Stablecoins: The Bank for International Settlements (BIS) has issued amendments to its crypto asset standards, focusing on stablecoins like USDT and USDC. Regulatory Preferences: Stablecoins on permissioned blockchains will receive favorable regulatory treatment, while those on permissionless blockchains face stricter scrutiny. Industry Concerns: The crypto community fears that these changes could hinder […]
Social media is going crazy following rumours that Trump is adding Bitcoin as a strategic reserve asset. Two renowned crypto founders and Bitcoin advocates have stated the rumours are true and have credible sources to back these claims. Despite being rumours, it makes sense given Trump’s recent 180 on crypto. Rumours on social media that […]
Polygon has sent out a save-the-date – September 4 will mark the official transition from MATIC to the network’s new token standard, POL. POL will replace MATIC for all major ecosystem uses, including validating and paying gas fees. Those holding MATIC on the Polygon blockchain will find their tokens upgraded automatically, while ERC-20 standard owners […]
The 2024 US presidential elections race between Donald Trump and President Joe Biden has gone through various market predictions and forecasts, with Trump topping the charts to reach an all-time high of 70% chance of winning the presidential race as a result of an attempted assassination on him during a rally in Pennsylvania. Trump Presidential […]
Fed officials have delivered key remarks with implications for crypto market
Indian cryptocurrency exchange WazirX has confirmed that it was the target of a security breach that led to the theft of $230 million in …
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals.
A crypto strategist who nailed the Bitcoin pre-halving correction this year thinks BTC is now entering an uptrend. Pseudonymous trader Rekt Capital tells his 484,100 followers on the social media platform X that Bitcoin has convincingly broken out of a descending trendline on the daily chart. “The Bitcoin downtrend is over. A new Bitcoin uptrend […]
An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset. Bitcoin Is Back Above The Realized Price Of Short-Term Holders As explained by CryptoQuant community manager Maartunn in a new post on X, BTC has reclaimed the Realized Price […]
WazirX, the largest Indian cryptocurrency exchange, was hit by a security breach in one of its multisig wallets on Thursday. The incident resulted in the loss of over $230 million from the multisig wallet. Over $230 Million Stolen in WazirX Breach The company announced the attack in a post on X: At WazirX, our commitment […]
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that its platform remains secure and that all malicious […]
Inactive Bitcoin wallet has come back to life after 11 years of dormancy
South Korean cryptocurrency exchanges are racing to implement new monitoring systems as the country’s first comprehensive law on virtual asset user protection is set to take effect this Friday, July 19. The Virtual Asset User Protection Act (VAUPA) introduces stringent regulations aimed at preventing unfair trading practices in the crypto market. South Korea Tightens Crypto […]
Foley & Lardner LLP partner Patrick Daugherty offered insight on the prospects of a shift in U.S. regulatory approach to cryptocurrency in.