An analyst at the asset management giant Bernstein thinks Ethereum’s risk-to-reward ratio “looks attractive” given ETH’s relative underperformance recently. Gautam Chhugani, the managing director of Bernstein’s global digital assets division, notes that Ethereum’s total supply has remained mostly stagnant since the network transitioned to proof-of-stake and adopted a burn mechanism. “Yet, Ethereum’s underlying transaction fees […]
Federal Reserve Chair Jerome Powell says that Bitcoin is competing with gold
Paul Atkins, a former regulator known for his support for the cryptocurrency industry, is President-elect Donald Trump picks to lead the SEC.
XRP’s recent rally from US$0.5 to over US$2.50 has caught many off-guard; however, viewing the monthly chart reveals a steady 400% increase post-Trump’s election. Trump’s pro-crypto stance and potential changes at the SEC are most likely behind the XRP rally. Analyst Miles Deutscher suggests the next gains could come from utility coins like AI projects […]
Alex Mashinsky, founder and ex-CEO of Celsius, pleaded guilty to two counts of fraud. His legal team also agreed not to appeal any jail time over 30 years, although it’s unlikely Mashinsky will be behind bars for the full duration. Mashinsky admitted to misleading investors regarding Celsius’ regulatory status. The entire time he was also […]
Following a recent monthly breakout, Litecoin surged to a new yearly high after registering a mind-blowing 100% gain in a month. The trend appears more bullish daily as it poises for a big price movement. Litecoin ended last month’s trading on a strong bullish note after staying indecisive for almost three months. This bullish move […]
A Russian court has sentenced Stanislav Moiseev, the leader of the notorious online drug marketplace Hydra, to life in prison alongside a fine of four million rubles (approximately $37,500). Fifteen other members of the group received prison terms ranging from eight to 23 years and were collectively fined 16 million rubles worth around $150,000.The charges […]
Donald Trump has nominated pro-crypto Paul Atkins as SEC chair, signaling a strong shift toward innovation-friendly policies and a transformative era for digital assets. Crypto-Friendly Policies in the Works? Trump’s SEC Pick Signals Major Shift U.S. President-elect Donald Trump announced Wednesday on his social media platform, Truth Social, the nomination of Paul Atkins as chairman […]
We’re thrilled to announce that OMNI is now available for trading on Kraken! Funding and trading Trading for OMNI will be live as of 14:30 PM UTC today, December 4, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your […]
BNB has taken the spotlight with a powerful surge, breaking past the critical $724 resistance level and signaling the potential for more growth. This breakout has ignited bullish momentum, sparking speculation that the token could be gearing up for uncharted territory. With strong market sentiment and increasing trading activity, BNB appears poised to extend its […]
Coinbase chief executive Brian Armstrong thinks crypto companies shouldn’t work with law firms that hire former regulators who policed the digital asset space during the Biden Administration. Armstrong blasted the law firm Milbank LLP for hiring Gurbir S. Grewal, a former director of the Division of Enforcement for the U.S. Securities and Exchange Commission (SEC). […]
While Bitcoin struggles to push past the $100k mark, BNB, a cryptocurrency associated with Binance, is among the top-performing altcoins in the past 24 hours. The cryptocurrency surged 23% to trade at a new all-time high of $793, at some point surpassing Solana as the fifth-largest cryptocurrency by market cap. The rally is reportedly supported […]
Nobody understands Bitcoin (BTC); even OGs might be wrong about its prospects, CASA cofounder admits
Alex Mashinsky, founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud.
A widely followed cryptocurrency analyst and trader believes the top is not yet in for one red-hot large-cap altcoin. The analyst pseudonymously known as Credible Crypto tells his 443,500 followers on the social media platform X that payments-focused crypto asset XRP could surge more than 65% from its current value. Credible Crypto practices the Elliott […]
South Korea’s political turmoil caused a significant, though temporary, drop in Bitcoin prices on local exchanges. The ‘Kimchi premium’ saw a stark decline, with Bitcoin falling to US$71,814.99 compared to the global average of around US$93,600. President Yoon Suk Yeol later rescinded the martial law after a parliamentary vote to lift it. The event sparked […]
BlackRock’s IBIT now holds 500,380 BTC, making up about half of all US Bitcoin ETF holdings. The US funds collectively control 5.156% of all Bitcoin; IBIT’s holdings are a significant portion of this. Recent trading saw IBIT and others take in over US$670 million after earlier profit-taking of US$550 million. Meanwhile, Grayscale has filed for […]
Bouncing back from a three-day pullback late last month, XRP resumed buying and rallied by over 100% to near its all-time high. Facing a slight rejection, it appears indecisive while remaining strongly bullish. The past week saw XRP through another stunning rally as it doubled its price to hit a new multi-year high of $2.9 […]
Alex Mashinsky, the former CEO of cryptocurrency lender Celsius, has pleaded guilty to one count of commodities fraud and one count of securities fraud. Together, these charges carry a maximum prison sentence of 30 years. Mashinsky’s Guilty Plea Mashinsky was initially indicted in July 2023 on seven charges, including fraud, conspiracy, and market manipulation related […]
Pancakeswap’s Springboard provides an all-in-one platform for creating and launching tokens on the BNB Chain. Springboard for Tokens on BNB Chain Pancakeswap, a decentralized exchange (DEX) on the BNB Chain has launched Pancakeswap Springboard, a single platform that eliminates the need for coding and enables developers, creators, and projects to quickly deploy their project’s tokens. […]
Company Name: Heatbit Founder: Alex Busarov Date Founded: April 2020 Location of Headquarters: Remote Number of Employees: 25 Website: https://heatbit.com/ Public or Private? Private In early 2020, Alex Busarov was stuck in his Shanghai apartment during COVID. To quell his boredom, he ordered an Antminer S9, a Bitcoin mining machine, to toy around with. After […]
XRP, the third-largest cryptocurrency by market capitalization, has recently outperformed the top ten cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). This significant momentum comes as investor sentiment grows in anticipation of clearer regulatory frameworks in the United States, especially following Donald Trump’s election. In addition, Securities and Exchange Commission (SEC) Chairman Gary Gensler recently announced […]
The recent rebrand of B2BROKER’s crypto liquidity hub to B2CONNECT, previously known as MarksMan LDE, introduced technical updates to support its function as a connection point for liquidity providers and trading venues. B2CONNECT offers spot and futures liquidity, price construction tools, and risk management features for brokers and exchanges. According to Nahum Greenberg, Product Manager, […]
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said.
Ex-Binance boss CZ reacts to BNB price’s all-time high with warning
Stratos Jets has entered into a partnership agreement with Bitpay, expanding its charter payment options to include cryptocurrency.
The chief investment officer of a financial research boutique believes that Bitcoin (BTC) could face a supply shock once it clears the $100,000 price level. In a new CNBC interview, Fundstrat’s Tom Lee says Bitcoin’s scarcity is starting to be a problem for crypto exchanges. Lee says the dwindling supply of available BTC for sale […]
It’s simple to understand why Chainlink (LINK) has recently drawn attention in the cryptocurrency community. The digital asset has experienced a remarkable 40% increase in just one week. Demand for LINK significantly increased from $16.54 on November 26 to $25.73 by December 3. As the largest price increase since January 2022, this spike indicates a […]
ASIC released a consultation paper today seeking feedback on proposed changes to its Crypto Assets information sheet, which provides important guidance to crypto businesses. The existing information sheet was published in 2017 and is now largely outdated following several years of rapid progress in the crypto industry. ASIC commissioner, Alan Kirkland, said the update is […]
As the crypto landscape continues to evolve, December 2024 is shaping up to be an exciting month for investors. With a mix of established giants and innovative newcomers, the options for savvy investors are expanding. Among the heavyweights like Bitcoin and Ethereum, fresh contenders like Qubetics are making waves, promising unique solutions to real-world problems. […]
“One of the biggest misconceptions in Bitcoin is that HODLers never sell,” said on-chain analyst James Check on X on Dec. 3. However, they do sell, and they’re currently keeping prices from moving higher, he added. Bitcoin has been range bound, oscillating around $95,0000 since Nov. 20, two weeks ago. It has failed to register a […]
Regina tries out a dark fantasy RPG blending immersive lore, strategic decision-making, and cutting-edge tokenomics, such as the “Play-to-Airdrop” model. Quick Recap from Immortal Rising 2 Immortal Rising 2 is a blockchain-powered RPG that seamlessly blends strategic gameplay with immersive dark fantasy lore. Players engage in a richly detailed world, making tactical decisions that influence […]