Today, the Executive Office of the United States President Joe Biden issued a Statement of Administration Policy on legislation H.R. 4763 – Financial Innovation and Technology Act 21 (FIT 21), which aims to create clear guidelines for digital assets. JUST IN: 🇺🇸 White House is eager to work with Congress to develop a "balanced regulatory […]
Bitcoin, the world’s most popular cryptocurrency, appears poised for a major move, but the direction remains shrouded in mystery. Analysts are divided on whether a bullish breakout or an extended consolidation period lies ahead. Reaching New Highs: Euphoric Bulls On The Horizon? Renowned crypto analyst Checkmate has ignited a spark of optimism with his “Euphoric […]
Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.
TL;DR Farcaster raised $150 million in a funding round led by Paradigm, raising its valuation to $1 billion. The platform has seen considerable growth since last October, with over 350,000 paid sign-ups and a 50x increase in network activity. Vitalik Buterin suggests implement zero-knowledge (ZK) likes and Farcaster to improve privacy and combat preference falsification. […]
TL;DR Congressman Tom Emmer warns that CBDCs threaten privacy and freedom in the United States. Emmer introduced the “Anti-CBDC Surveillance Law” to prevent the government from implementing these currencies in an invasive manner. Highlights the benefits of decentralized cryptocurrencies like Bitcoin over centralized coins. Congressman Tom Emmer has intensified his opposition to Central Bank Digital […]
Strong market conditions prompted long-term Bitcoin holders to sell, taking advantage of high prices. Despite initial sell-offs, selling pressure from long-term holders has recently decreased. This easing of selling pressure is likely to strengthen bullish market movements for Bitcoin. Analysts from Glassnode have pointed to strong Bitcoin market conditions which have led to increased selling […]
In the first episode of the CryptoCounsel at Wiley, hosts Josh Simmons and Frank Scaduto discuss the evolving landscape of cryptocurrency …
The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial Innovation and Technology for the 21st Century Act (FIT21), received near unanimous support from Republicans alongside 71 additional votes from Democrats, resulting in a final […]
The White House has signalled it won’t veto the passage of the FIT21 bill despite U.S. Securities and Exchange Commission Chair Gary Gensler advocating against it. In a new press release, the White House says it does not support HR 4763, also known as the Financial Innovation and Technology for the 21st Century Act (FIT21), […]
An analyst has explained how Polygon could see a rally of around 17% if the cryptocurrency’s price breaks above this level. Parallel Channel May Reveal What Could Be Next For Polygon In a post on X, analyst Ali has discussed about a parallel channel that Polygon has been consolidating inside during the last few weeks. […]
Reports suggest that MetaMask is preparing to support native Bitcoin transactions. The company has not provided a timeline or confirmed the plans.
Have you ever wondered why some cryptos bloom while others stagger? The crypto market is filled with opportunities and risks, as seen with projects like Solana and Avalanche, which face challenges like price volatility and market sentiment. Enter the MoonBag (MBAG) coin, designed to overcome these limitations and offer unique benefits. Unlike many cryptos, MoonBag […]
In 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, Binance, the world’s largest cryptocurrency exchange, is commemorating this milestone with a global campaign to distribute over 5,000 pizzas to crypto traders and enthusiasts. Crypto Exchange Binance Plans to […]
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This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. This article is based on data as of November 15, 2023. The data in this article was prepared by SQRR Research, https://sqrr.xyz Bitcoin, Not Blockchain Bitcoin, not blockchain. This has been a prominent meme throughout the […]
As the House plans to vote on the crypto framework bill, FIT21, Crypto Council for Innovation CEO Sheila Warren says it's "groundbreaking," even …
TL;DR BlackRock’s IBIT Leads: BlackRock’s IBIT spot Bitcoin ETF dominated the market with a $290 million inflow, driving up the total net assets of all spot Bitcoin ETFs by 4.29% to $58.91 billion. Bitcoin Price Surge: The influx into Bitcoin ETFs has pushed Bitcoin’s price near its all-time high, with a 17% gain over the last week and a peak of $71,958. […]
TL;DR VanEck Ethereum ETF Moves Forward After DTCC Listing, although it awaits approval from the SEC for its full launch. Designated as “N” on the DTCC listing, the ETF is not yet active, and is in a preliminary stage subject to regulatory approvals. The update request to US companies by the SEC has generated optimism […]
May 22 marks Bitcoin Pizza Day, a celebration of the first-ever commercial transaction using the cryptocurrency. On this day in 2010, US man Lazlo Hanyecz purchased two large pizzas using 10,000 BTC. The price of Bitcoin through the years has consistently increased, making Lazlo’s pizzas some of the most expensive cheesy goodness ever purchased. Today, […]
Federal prosecutors are calling for a prison sentence of five to seven years for former FTX executive Ryan Salame, who has been implicated in its multibillion-dollar collapse. His defense team asserts that his punishment should reflect his role in exposing the fraud, pushing for a lighter sentence of no more than 18 months. Salame’s Defense […]
A top crypto trader thinks a spot Ethereum (ETH) exchange-traded fund (ETF) approval in the United States could send altcoins “to the stratosphere.” The pseudonymous analyst known as the Flow Horse tells his 216,300 followers on the social media platform X that a spot ETH ETF would make the crypto markets “get crazier.” “Here I […]
As cryptocurrency enthusiasts eagerly await the approval of a physically-backed Ethereum (ETH) exchange-traded fund (ETF) in the US, London has also seen a groundbreaking development. The UK’s Financial Conduct Authority (FCA) has approved two crypto exchange-traded products (ETPs) by WisdomTree, which are soon to debut on the London Stock Exchange (LSE). WisdomTree Becomes First Crypto […]
Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s previous peak, comes with an unexpected and wholly ambitious timeline. Bitcoin Poised To Reach New All-Time Highs Geoff Kendrick, Head of EM […]
Centralized exchanges led by Coinbase, along with Meta, Match, and Ripple Labs, have formed an educational group to prevent pig butchering scams.
PRESS RELEASE. Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures in blockchain and digital assets to engage with top policymakers […]
Bitcoin extended its price surge to reach highs of $71,980 in today’s session
The following is an excerpt on Bitcoin Pizza Day from “Fiat Ruins Everything” by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. Pizza Day is often viewed with a sense of regret. The well-known story goes like this: many years ago, Laszlo Hanyecz bought two […]
As XRP hints at a bullish phase in the coming months, Avalanche enjoys a swift 8% uptick from its innovative foray into tokenized wine investments. On the other hand, BlockDAG (BDAG) stands out with its presale bull run, amassing over $30 million, and the innovative tech that promises not just growth but real usability. BlockDAG […]
Coin Edition -. PoliFi Token Trump MAGA's (TRUMP) surge creates instant millionaires, but risks loom for late investors.
The tech world thrives on innovation, and staying ahead of the curve can feel like a constant sprint. But what if you could tap into a network of groundbreaking projects, all pushing the boundaries of blockchain technology? XERA Pro offers just that – a curated platform connecting you with the future of tech. Here’s how […]
Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post on X, one analyst believes Bitcoin has strong support at around $70,180 and $70,600. The […]
The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off.