One widely followed crypto analyst believes digital assets are on the precipice of a prosperous new era. Crypto trader Michaël van de Poppe tells his 718,500 followers on the social media platform X that better times are ahead for the markets. “This might be the final easy rally to change your life with crypto.  If you have […]

The “basic laws of supply and demand” are primed to act in Bitcoin’s (BTC) favor, according to a popular crypto analyst. The trader Ali Martinez tells his 62,300 followers on the social media platform X that Bitcoin flooded the market after the top crypto asset hit an all-time high of more than $73,700 in March, […]

Reddit and OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT, announced a partnership to benefit both the Reddit and OpenAI user communities in various ways. According to data from Google Finance, Reddit’s stock experienced a 13% surge in after-hours trading immediately following the announcement. Reddit and OpenAI’s Partnership On May 16, Reddit announced […]

Former Binance CEO CZ has reemerged on social media to highlight successful five-year-old Bitcoin prediction

The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a “fictitious” cryptocurrency” wallet after promising significant gains.

TL;DR Surging Volumes: Bitcoin ETFs have seen a remarkable $5.65 billion in daily volume, indicating a revival in market activity and investor confidence as Bitcoin’s price nears $67,000. Institutional Interest: There’s a notable trend of consecutive net inflows into US spot Bitcoin ETFs, with BlackRock’s IBIT leading the pack. Over 937 professional firms have invested in these ETFs, showcasing the growing […]

We do the research, you get the alpha! Go to Alpha Reports Chainlink’s LINK token has soared as much as 18.8% after DTCC, the biggest settlement and clearinghouse in the U.S., announced it had just concluded a tokenization pilot with Wall Street giants like JP Morgan and BNY Mellon, leveraging Chainlink’s CCIP. Chainlink is a […]

The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed “Crypto King,” is charged with fraud over $5,000 and laundering […]

A former bank executive is facing decades behind bars for abusing her position to embezzle more than a million dollars. The U.S. Attorney’s Office for the Western District of Missouri says Stacia Wilson has pleaded guilty to one count of bank fraud. Wilson, who worked as vice president at St. Clair County State Bank in […]

After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link as it trades within a […]

This marks the first instance of standalone cryptocurrency legislation this session of Congress and represents an unusual bipartisan move, with a …

According to Ki Young Ju, CEO of CryptoQuant, the Bitcoin current market dynamics suggest a bullish phase that could extend well into April 2025. Ju’s analysis comes amid BTC’s current uptrend, which appears to be a continuation of that seen in March, when BTC achieved a new all-time high, surging above $73,000 for the first […]

The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?

Stablecoins saw enormous surge over past week, suggesting comeback on crypto market

After wreaking havoc across the digital asset sector and stealing millions of dollars, scam-as-a-service kingpin ‘Pink Drainer’ has vowed to erase all traces of its operations and announced the winding down of its nefarious infrastructure. In an unexpected statement shared via Telegram, Pink Drainer, the wallet drainer tool known for siphoning funds from cryptocurrency wallets, […]

Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that invests and holds its assets in physical gold bullion. Big Short’s Investor […]

TL;DR Massive Expiry: A substantial number of Bitcoin and Ethereum options, valued at $2.1 billion, are set to expire today, potentially impacting market dynamics. Market Sentiment: Bitcoin options show a preference for calls with a Put Call Ratio of 0.63 and a Maxpain point at $63,000, while Ethereum’s bullish sentiment is even stronger with a Put Call Ratio of 0.28 and a Maxpain […]

TL;DR DTCC, Chainlink, and several financial institutions successfully complete a pilot to tokenize funds. Key financial players like JPMorgan, Templeton, and BNY Mellon participated alongside Chainlink. The pilot demonstrates the possibility of embedding fundamental data in multiple on-chain use cases, increasing operational efficiency. The Depository Trust and Clearing Corporation (DTCC), in collaboration with Chainlink and […]

The post ‘It’s Over for Memecoins’: Trader Who Nailed 2022 Crypto Bottom Turns Bearish on dogwifhat and Pepe – Here’s Why appeared first on Crypto News Australia.

BitConnect’s national promoter in Australia, John Bigatton, pled guilty to his role in promoting the scam after three and a half years of his indictment. He promoted the fraudulent cryptocurrency scheme on social media, hosted seminars across the country, and had face-to-face meetings with victims, persuading them to invest in the scheme. Bigatton pled guilty […]

Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated. After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names […]

A Nigerian court is reportedly ruling that a detained Binance executive can face trial as a representative of the crypto exchange platform. According to a new report by Reuters, a Nigerian court ruled that U.S. citizen Tigran Gambaryan – Binance’s chief financial compliance officer – can stand trial on behalf of the world’s largest crypto […]

Former CFTC Chairman Chris Giancarlo discusses former President Trump saying he would embrace cryptocurrency if elected on 'The Claman Countdown.'

The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings.  The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual […]

Pink Drainer, infamous for aiding in crypto thefts, decided to shut down operations after amassing over $85 million in stolen assets.

ICP is slowly picking up again after witnessing a huge reduction in the past weeks. Showing signs of strength in the past hours, the price is now up 15% following a sharp bounce off a key level this week. More gains lie ahead! The past month’s recovery appeared to have brought a temporal halt to […]

Old Ethereum wallets move big money as ETH price spikes

[PRESS RELEASE – Singapore, Singapore, May 17th, 2024] Mining Now, a trusted and reputable real-time crypto-mining insights provider company, is thrilled to announce the launch of its versatile platform that attempts to give unbiased insights associated with crypto mining as well as real-time Asic profitability tracking where people can analyze and compare the crypto mining […]

Base, the Ethereum Layer 2 solution incubated by Coinbase, has announced the Onchain Summer Buildathon. The event, which runs from May 31st to June 30th, invites builders worldwide to showcase their skills in various onchain use cases, including payments, commerce, gaming, and social. The Buildathon offers 200 ETH in total prizes across eight sponsored tracks, […]

A major crypto investment firm is reportedly the latest victim of a security breach in the digital asset industry. Bloomberg reports that hackers have compromised and partially drained the main hedge fund of BlockTower Capital. The institutional investment firm with $1.7 billion in assets under management (AUM) has made investments in several Web3 firms, including […]

The Financial Crimes Compliance department of Binance has partnered with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to address a money laundering case involving 200 million New Taiwan dollars ($6.2 million) in digital asset fraud. Gathering Evidence in Crypto Fraud Case An official statement revealed that the operation targeted criminals […]

Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its Board of Directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin Magazine. This duo is being brought on to further strengthen the Foundation’s mission to promote meaningful, education-based Bitcoin adoption among […]