As the Bitcoin and Ethereum prices hav barreled toward a new all-time high, short-term traders have been suffering the brunt of the liquidations. In the last day alone, over $330 million was liquidated from the crypto market and the majority of this has been from short traders who expect prices to fall once again. Over […]
Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?
BlockDAG’s Transparent Ranking System Steals the Show, Luring Investors Away from Retik Finance and Amassing $28.5M Presale! As Retik Finance gears up for its anticipated Uniswap listing, aiming to integrate cryptocurrency with mainstream finance, the crypto community watches with a mix of excitement and skepticism. Amidst this, BlockDAG has stolen the spotlight with its impressive […]
One selling point for Bitcoin is that it is politically neutral. After all, it’s a ledger, decentralized, and wherever we each fall on the political spectrum, we all need to keep track of our own funds. That’s not to say everyone thinks Bitcoin is the best way to do this, but the neutrality of the […]
TL;DR Bitcoin is at a crucial point according to several experts, with the possibility of reaching new all-time highs if it surpasses $67,500. The recovery above $66,000 and positive inflows into BTC ETFs in the US indicate a bullish sentiment among investors. Despite the resistances, analysts expect a potential rally, although some like Michael Novogratz […]
TL;DR Crypto Rebound: Crypto investment products saw a significant rebound with $932 million in inflows for the second week, largely due to the market’s reaction to the CPI report, with 89% of inflows occurring in the last three trading days. Regional Dynamics: The U.S. led with $1,002 million in inflows, while Grayscale experienced its first inflows since January. Bitcoin was the […]
Kraken is monitoring developments around stablecoins due to the new EU MiCA regulations, which could limit trading with these assets. Mark Greenberg from Kraken denies any plans to delist USDT, emphasising compliance and ongoing support under EU regulations. MiCA imposes strict requirements on stablecoin issuers, including reserve maintenance and licensing, potentially impacting Kraken’s operations. According […]
Conflict of interest concerns have been raised over Ethereum Foundation researcher Justin Drake’s appointment as an advisor to Eigen Foundation—the organisation behind Ethereum’s new restaking protocol. Drake acknowledged the position entitles him to millions of dollars of EIGEN tokens vested over three years, “which could easily be worth more than the combined value of all […]
Shiba Inu (SHIB) faces critical juncture in its price action
A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors …
The New York State Attorney General (AG) has brokered a $2 billion settlement with Genesis Global to help those defrauded by Gemini Earn. Last winter, NY state AG Letitia James sued the crypto exchange Gemini, the lending firm Genesis and the investment giant Digital Currency Group (DCG) over allegations that the companies attempted to conceal $1.1 billion […]
[PRESS RELEASE – Geneva, Switzerland, May 21st, 2024] LAKE (LAK3), a pioneering Web3 ecosystem dedicated to transforming the global water economy through blockchain technology, Real World Assets (RWA) and the LAK3 token, is excited to announce its participation and sponsorship of the London Blockchain Conference, taking place from May 21 to 23. Ahad Ali, LAKE’s […]
David Bailey, CEO of Bitcoin Inc., took time out of running the Bitcoin Asia Conference in Hong Kong to sit down with Bitcoin.com’s COO, Jason Sheman. The conversation delved into the lessons learned from past mistakes, the strategic pivot to Bitcoin, the Bitcoin Conference, Bitcoin Layer twos, and stablecoins on Bitcoin. Bitcoin Asia Conference Highlights: […]
At the MicroStrategy World: Bitcoin for Corporations conference, Nathan McCauley, co-founder and CEO of Anchorage Digital, shared his thoughts on the growing rate of institutional Bitcoin adoption. Anchorage Digital, the only federally-chartered bitcoin bank and a leading institutional custodian, plays a crucial role in facilitating this transition to bitcoin becoming an asset in which institutions […]
In a noteworthy development for Shiba Inu investors and traders, well-known cryptocurrency analyst and enthusiast Javon Marks has verified SHIB’s break out from the Bull Flag pattern, an indicator that typically signals the start of an upward price movement. Shiba Inu Breakout To Trigger A Continuation 210% Price Increase Mark’s emphasis delves into the current […]
Vitalik Buterin calls superintelligent AI “risky” amid leadership upheavals at OpenAI, stressing the need for caution and decentralization in AI development.
BlockDAG’s $100M Liquidity Surge: Outshining Solana Downturn and Cronos Forecasts April 2024 brought notable fluctuations across the cryptocurrency market. While Solana struggled with significant network issues that resulted in a substantial decline in its price, Cronos faced mixed reactions due to changes in monetary policies and internal strategy adjustments at Crypto.com. In stark contrast, BlockDAG […]
A closely followed crypto strategist says he’s bullish on one Ethereum (ETH) competitor that surged by as much as 43% last week. Pseudonymous trader Altcoin Sherpa tells his 216,300 followers on the social media platform X that Fantom (FTM) will see more rallies in the coming months. “FTM is going to $1-ish before any pullback […]
TL;DR Approval Process: The U.S. Securities and Exchange Commission (SEC) is reviewing the 19b-4 filings and S-1 registration statements necessary for the Ethereum (ETH) ETF to be traded on stock exchanges. SEC’s Role: SEC’s approval is crucial for the ETF’s legality, with a decision timeframe of up to 240 days, although the initial review is […]
Ripple reports average daily XRP trading volume rose to US$865 million, with derivative interest up to US$500 million. XRP Ledger transactions increased 108%, fees dropped 45%, highlighting more efficient network activity. Despite Ripple’s ongoing SEC lawsuit, XRP trading remains robust. In its quarterly report, Ripple has revealed figures around on-chain activity on the XRP-Ledger and […]
Ethereum’s 20% surge on improved ETF approval chances drives market gains, with Bitcoin crossing US$71K. Assets such as BONK, LIDO, and Pyth Network also record significant gains. Despite potential for a downturn, the current crypto rally sees significant trading, particularly on platforms like Coinbase. Hold onto your hats it looks like we are going for […]
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Tornado Cash developer Alexey Pertsev was convicted of money laundering by a Dutch judge and received a 64-month prison sentence, in a case that …
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Let me start off by acknowledging that Ordinals are amazing! Ordinal Theory is a very clever method of tokenizing individual satoshis and Casey Rodarmor deserves high praise and recognition for gamifying the blockchain and Making Bitcoin […]
Crypto analyst TechDev has provided insights into the Bitcoin (BTC) future trajectory. The analyst hinted that the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then. History Could Repeat Itself TechDev shared a chart on his X (formerly Twitter) platform with the […]
The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology.
Web3 gaming project Gala Game was exploited by an unknown attacker, who was described as a compromised or rogue admin address, minted 5 Billion GALA, worth more than $200 million. The security incident has since been contained while the affected wallet has been frozen. The team also said that the exploit was an isolated incident […]
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following is a comprehensive overview of what […]
To bolster its institutional trading offerings, popular crypto exchange OKX has announced a collaboration with Hidden Road Partners, a credit network for institutions. The partnership aims to provide Hidden Road’s clients with access to OKX’s deep liquidity and faster execution of complex trading strategies. OKX, Hidden Road Partner to Enhance Institutional Crypto Trading As part […]
The price of Ethereum (ETH) is surging after two Bloomberg analysts dramatically changed their assessment on whether an Ethereum ETF will soon be approved by the U.S. Securities and Exchange Commission. Eric Balchunas and James Seyffart increased their outlook that a spot Ethereum ETH will be approved from 25% to 75%, citing an apparent change […]
A crypto strategist who accurately timed the most recent Bitcoin correction is unveiling the timeline for the next BTC parabolic move. Pseudonymous analyst Rekt Capital tells his 470,400 followers on the social media platform X that Bitcoin has entered the post-halving reaccumulation phase and may be months away from witnessing another steep upside move based […]
Ethereum, the second-largest cryptocurrency by market capitalization, is currently poised at a crucial juncture, with a prediction of a potential breakout. Prominent crypto analyst Jelle recently pointed out that Ethereum is nearing the end of a falling wedge pattern, a situation often interpreted as a bullish signal in technical analysis. Technical Indicators And Market Sentiment […]