The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation; SEC Reportedly Investigating On Wednesday, March 20, 2024, the crypto community discussed a message posted to the Ethereum Foundation’s Github repository which also features a […]

Chief executive of analytics platform CryptoQuant believes the bull market is far from over despite Bitcoin’s (BTC) latest dip after hitting new all-time highs this month. Ki Young Ju tells his 339,800 followers on the social media platform X that Bitcoin has yet to reach a cycle top, but is undergoing a short-term correction after […]

A federal judge in Utah has sanctioned the U.S. Securities and Exchange Commission (SEC) after the regulator copped to making an inaccurate statement in a crypto fraud case. In an order filed on Monday, US District Court Judge Robert Shelby accused the SEC of “bad faith conduct in obtaining, maintaining, and defending” a temporary restraining […]

An Ethereum Foundation GitHub commit reveals the organisation is under investigation by an unnamed state authority. A report from Fortune has also revealed that several US-based companies have been subpoenaed by the SEC, requiring them to provide all documents and financial records related to their dealings with the Ethereum Foundation to the regulator. This investigation […]

Ethereum’s recent Dencun upgrade enhances its appeal and Filecoin’s value ascends, BlockDAG stands out in the competitive crypto market. This innovative platform is not just another coin; it’s a presale phenomenon, drawing attention with its unique mobile mining application and impressive presale achievements, amassing nearly $6 million. With its ambitious goal to raise $600 million […]

TL;DR Binance adds 17 altcoins as new loanable assets, offering users greater flexibility and the potential for Real-Time APR rewards through its Binance Loans (Flexible Rate) product. The exchange will also delist certain cryptocurrencies, reflecting its ongoing commitment to high standards and operational adjustments in response to network demands. The world’s largest cryptocurrency exchange continues […]

Major representative of Shiba Inu team expects new all-time high for SHIB pretty soon – within month or possibly two

The crypto market is swinging again. After a couple of years with slow trading volumes and low cryptocurrency prices, the market recently rose to $2.8 …

Bitcoin remains under pressure when writing and is within a bearish formation following sharp losses on March 19. While prices tank, one analyst on X thinks this retracement aligns with historical performance, especially as the network prepares to slash miner rewards in April 2024.  Bitcoin Retracement Similar To Pre-Halving Cool-Off Of 2020 Based on the analyst’s assessment, […]

Dogecoin, based on an internet meme, is receiving a mainstream boost as Coinbase Derivatives plans to list futures of the meme coin on April 1. Alongside Dogecoin, the cryptocurrency exchange will also enable futures trading with Litecoin and Bitcoin Cash. Listing of DOGE Futures The decision came after the exchange had intimated to the Commodity […]

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. The Value Of Bits Data is the most liquid commodity market in the world. In the smartphone era, unless extreme precautions are taken, everywhere you go, everything […]

The lawyers of disgraced FTX founder Sam Bankman-Fried say that the prosecution’s sentence recommendations for their client are “disturbing.” In a new letter addressed to Judge Lewis A. Kaplan, Bankman-Fried’s attorneys say that the sentence recommendation is draconian and brands the former chief executive as a “supervillain.” “The government’s memorandum is disturbing. With marked hostility, […]

Coinbase has added a controversial “intel-to-earn” altcoin project to its listing roadmap. On Monday, the top US crypto exchange placed Arkham (ARKM) on the path towards being tradeable on its platform in the future. Arkham is an intelligence exchange where buyers can place bounties on specific pieces of information. Information buyers will have exclusive access […]

TL;DR Ethereum Layer 2’s recent Dencun upgrade has driven record adoption of Layer 2 solutions. The inclusion of EIP-4844 in Dencun has dramatically reduced transaction fees on Layer 2 networks, increasing daily transaction volume. Ethereum will end the Goerli network, encouraging users to migrate to alternatives like Sepolia or Holesky. Ethereum’s recent Layer 2 upgrade, […]

TL;DR Mysten Labs and Sui introduce the Pilotfish prototype, a milestone in blockchain scalability. Pilotfish increases the speed of smart contract execution in proportion to the number of machines used, demonstrating linear scalability. The elastic scalability and low latency offered by Pilotfish open up new possibilities for the widespread adoption and application of blockchain in […]

On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving sustainably” toward the 2% target. Fed Pauses Rate […]

Bitcoin fell as much as 10% to lows of $62,428 in Tuesday’s trading

Grayscale argued the benefits of being able to “stake the Ethereum held by the Trust” in a new SEC filing yesterday. The firm is hoping to convert its Grayscale Ethereum Trust (ETHE) into an ETH spot ETF the way it did its Grayscale Bitcoin Trust in January. The proposal, which appeared yesterday in a preliminary […]

The world of cryptocurrency investment is continuously evolving, presenting new opportunities for those who are vigilant. In this context, we explore the potential of BlockDAG, a platform that’s not only setting new benchmarks in terms of investment returns but also reshaping the blockchain technology landscape.  This discussion will reveal BlockDAG Network‘s journey from a concept […]

In its letter to District Judge Lewis Kaplan on Tuesday, the legal team behind the disgraced FTX founder Sam Bankman-Fried has contested the sentencing recommendation put forth by the Department of Justice last week. The US prosecutors had previously proposed a prison term of 40 to 50 years for the former FTX CEO, but the […]

The U.S. Securities and Exchange Commission (SEC) is considering whether to classify Ether, the second-largest cryptocurrency by market cap, as a …

In the late hours of Tuesday, Trezor’s X account was compromised. The hacker used the hardware wallet company account to promote a fake crypto presale with a malicious link attached. Members of the crypto community quickly realized the suspicious activity from the company and alerted other X users about the scam. Since then, Trezor’s team […]

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As we get closer and closer to the impending Bitcoin halving, the combined pressures of wildly […]

The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of their digital assets back in kind. The bankruptcy court is scheduled to consider Genesis’ request to approve […]

TL;DR Bitcoin miner reserves fall to lowest levels since April 2021. Sale of Bitcoin by miners and profit taking by short-term holders. Concern about the decrease in active addresses on the network and the drop in the price of BTC. The recent decline in Bitcoin (BTC) miner reserves has sparked concern in the market as […]

However, a leading ETF expert claims that issue is not exclusive to Bitcoin

Compass Coffee Makes a Bold Move By Accepting Cryptocurrency in D.C.. Plus, a female-led restaurant for Northeast, Mi Vida is en route to DCA, and …

Amid a recent downturn in the broader crypto market, the concept of “buying the dip” has once again surfaced, tempting traders and investors with the prospect of snagging assets at lower prices. However, caution is the watchword from Markus Thielen, CEO of 10x Research, a top analyst in the crypto space. Thielen’s latest advisories suggest […]

HodlX Guest Post  Submit Your Post   In the world of DeFi (decentralized finance), oracles play a crucial role in ensuring the accuracy and reliability of data – especially pricing data – used within various protocols and platforms. What are price oracles A price oracle is a specific type of oracle that provides off-chain (external) price […]

Bitcoin fell 8% yesterday in its biggest single-day drop since FTX’s collapse, leaving traders plenty cautious. Early on Wednesday morning, the world’s largest and oldest cryptocurrency sank as low as $60,951.91 before rebounding. At the time of writing, the Bitcoin price is $$63,154.69. That means it’s 1.6% lower than it was this time yesterday, but […]

An unknown trader took home millions of dollars in profits in a span of a few minutes after their timely exit in a new memecoin running on the Solana (SOL) network, on-chain data shows. Blockchain tracking firm Lookonchain first spotted a trader who spent nearly 10,000 SOL to accumulate about 70 million Slerf (SLERF) tokens. […]

Recent data from Token Terminal highlights the booming activity in memecoin trading on the Solana blockchain, leading to a notable increase in fee capture.  Over the past 7 days, Solana’s fee capture soared to an impressive $17.8 million, outpacing even Bitcoin, which recorded $17.5 million during the same period. This surge in fee capture on […]