Coinbase founder and CEO Brian Armstrong is saying that Ethereum (ETH) is a commodity under US federal law just like Bitcoin (BTC). The classification is an important one as the U.S. Securities and Exchange Commission (SEC) is considering several applications to launch ETH exchange-traded funds (ETFs). The SEC approved ETFs for Bitcoin earlier this year. […]

TL;DR Bitcoin ETFs in the United States have experienced three consecutive days of net outflows, totaling $742 million during that period. The Grayscale Bitcoin Trust (GBTC) has been the main contributor to these outflows, with $386.6 million. Despite the outflows from Bitcoin ETFs, the price of BTC has shown a 4.75% increase in the last […]

Key points of the news The Avalanche Foundation launches Phase 1 of Memecoin Rush, a liquidity mining incentive program. The goal is to scale liquidity and promote momentum in the community coin ecosystem. SteakHut and Trader Joe are the first participants, offering trading strategies and adding liquidity for certain community tokens. The Avalanche Foundation has […]

Dogecoin (DOGE) whale volume tops $5.2B, will this trigger price surge?

N26 launches its new cryptocurrency trading product. Already available in 7 of its 24 European markets, N26 Crypto will launch in France.

After a stunning retrace, Bitcoin witnessed a notable recovery as Wednesday closes rising from the $61,000 price mark to $67,000, triggering hopes within the cryptocurrency community that a bullish movement might be imminent. However, the crypto asset has not exactly returned to the point it was a week ago, especially since BTC reached a new all-time […]

Anthony Pompliano views recent Bitcoin dip as minor, emphasising its significant long-term growth over the S&P. He highlights Bitcoin’s inherent volatility, tied to its status as a top-performing asset. Pomp compares investing in meme coins to gambling, noting their appeal and high-risk nature. Anthony Pompliano made some comments on the recent market pullback, speaking to […]

In the vast expanse of the cryptocurrency market, meme coins have carved out their niche, captivating investors with their unique blend of culture, humor, and potential for significant returns. Among these, Floki (FLOKI) has stood out as a favored choice for many, drawing inspiration from the wider world of internet memes and the influence of […]

Palladium and Botanix Labs have announced the launch of a new stablecoin, PUSD, on Bitcoin’s first EVM-equivalent Layer 2 network, according to a press release sent to Bitcoin Magazine. The PUSD stablecoin, developed by Palladium Labs, boasts a unique feature of being over-collateralized by 110%, a strategic measure aimed at enhancing its resilience against potential […]

The crypto analytics firm Glassnode believes Bitcoin (BTC) is now entering a period of market correction and price volatility after a massive rally this year. In a new YouTube video, the analytics firm says key indicators suggest Bitcoin is “taking a breather” as holders are selling off for profits after the crypto king soared 175% […]

MicroStrategy continues to gobble up Bitcoin (BTC) amid the ongoing crypto bull market. MicroStrategy co-founder Michael Saylor says the firm used the proceeds from convertible notes and excess cash to buy an additional 9,245 BTC for approximately $623 million, at an average price of $67,382 per Bitcoin. The company now owns 214,246 BTC, which it […]

Contrary to the perception that decentralized applications (dapps) are unstoppable, many are “reliant on centralized middleware components in the extreme.” James Bayly, COO at Subquery, argues that such an overreliance on centralized middleware components or their providers “completely undermines [the] supposedly decentralized applications and networks.” The Value of Centralization in Web3 However, in his written […]

Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which […]

This was warning sign that a lot of Bitcoin bulls ignored

TL;DR Bitcoin experiences its largest drop in two weeks, with an 8% decrease in its price. Bitcoin ETFs witness the biggest outflows since their debut in January. Factors such as excessive leverage and the decline of Ethereum also contribute to the market’s fall. In the past 24 hours, the price of Bitcoin has seen a […]

TL;DR The SEC has announced extensions in its decisions regarding the approval of Ethereum ETFs. Bloomberg analyst James Seyffart anticipates the rejection of ETH ETFs in the next SEC evaluation on May 23. Delays in the approval of the ETFs affect investors and highlight the need for greater regulatory clarity. The United States Securities and […]

Similar to Pepecoin (PEPE), Shiba Budz (BUDZ) captured the imagination of the cryptocurrency community with its innovative features and enticing value …

In an analysis shared with his nearly 100,000 followers on X (formerly Twitter), the crypto analyst known by the pseudonym Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors. This proclamation follows a season of unprecedented gains in the Solana memecoin market, with tokens like BOME, WIF, and SLERF achieving […]

Japan’s official government pension fund is curious about Bitcoin (BTC) and crypto. On Tuesday, the Government Pension Investment Fund (GPIF) requested information from the public on illiquid assets that it hasn’t already invested in. The fund listed specific examples of potential investments that it is looking for info about, including forests, farmland, gold and crypto […]

As the value of your bitcoin grows, so does your need for secure key storage. One such solution is a hardware wallet, a physical device that allows you to securely hold the keys to your bitcoin. But hardware wallets aren’t the only option for storing your bitcoin keys—there are also software wallets, paper wallets, and […]

Arguably, the most critical economic announcement of the year came this morning concerning the future of interest rates in the US, sparking a market-wide rally following the announcement. BlackRock continues to push forward with real-world tokenisation of assets. Altcoin analysis for ARB and XAI – Two assets with fundamentally positive impacts from the recent Ethereum […]

Bitcoin’s hot-and-cold streak continued overnight, as the cryptocurrency gained nearly 9% after falling 15% from its peak. The US Federal Reserve’s decision to halt interest rate hikes was a catalyst, with the cash rate remaining steady at 5.5%. The reserve noted that the nation’s economy was generally steady, and that rate cuts were likely to […]

In an era where the cryptocurrency market is characterized by its volatility and unpredictability, a new DeFi token, Option2Trade (O2T), priced at $0.0181, is making waves by defying the bearish market trends that have dominated recent months. This remarkable defiance has caught the eye of both investors and analysts, including a renowned crypto professor who […]

Publicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of Cleanspark soared by 22.8%, Marathon’s shares climbed by 16.1%, and Riot’s shares increased by 11.81% throughout the trading day. Bitcoin Mining Equities See Recovery With Stellar Wednesday Gains With less than a month remaining until […]

Kyle Davies, the co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), says he is not sorry that his company collapsed in 2022 and lost billions of investors’ funds in the process. Davies expressed his lack of remorse during an interview with Laura Shin on a March 19 episode of the Unchained Podcast, […]

Major exchange BitMEX teasing upcoming launch of XRP and ATOM spot trading

March 20, 2024 – São Paulo, Brazil Patex, a growing force in the Latin American blockchain market, has announced a landmark collaboration with one of football’s most revered figures – Roberto Carlos. The cooperation heralds the dawn of a new era for Patex, intertwining the legacy of a football icon with the innovative spirit of […]

… cryptocurrency trend? By Caden Pok Stacker. Updated March 20, 2024 1:38 PM. While most meme cryptocurrency coins in the past have been centered …

As the Bitcoin price crash has ravaged the crypto market and left altcoins suffering, it has presented a unique buying opportunity for meme coins that may never come after this time. So here are the top 3 meme coins that could 10x your portfolio from here. Solana-Based Myro Leads Meme Coins With Potential Solana-based meme […]

TL;DR BlackRock’s New Fund: BlackRock, the world’s largest asset manager, has announced the creation of a new fund, the “BlackRock USD Institutional Digital Liquidity Fund,” focused on the tokenization of real-world assets. Impact on the Crypto Market: Following the announcement, Ondo Finance’s native token ONDO saw a significant increase in value, jumping as much as […]

A court in the Balkan country of Montenegro has rejected the appeal of cryptocurrency firm Terraform Labs’ co-founder Do Kwon to block his extradition to South Korea. This decision has sealed the transfer of custody of Kwon to authorities in South Korea, where he could face “several criminal offenses.” Do Kwon Will be Extradited to […]

Pitch Day at The Bitcoin Conference is back! Bitcoin Magazine and The Bitcoin Conference are looking for the next wave of Bitcoin startups to compete in the ultimate Bitcoin pitch competition. Taking place in Nashville July 25-27 at Bitcoin 2024, the world’s largest Bitcoin conference, founders will present their vision on Bitcoin’s biggest stage to […]