MONETARY DEBASEMENT Debasement refers to the action or process of reducing the quality or value of something. When talking about fiat currencies, debasement traditionally refers to the practice of reducing the precious metal content in coins while keeping their nominal value the same, thereby diluting the coin’s intrinsic worth. In a modern context, debasement has […]

Shiba Inu is currently on a consolidation path after a strong upswing earlier in the month. Specifically, SHIB is currently down by 13% in the past seven days, although still up by 210% in a wider 30-day time frame. According to crypto analyst Javon Marks, Shiba Inu is on its way to another major breakout […]

A big city on the west coast just approved a pilot program that will give hundreds of dollars a month to a group of residents with no strings attached. The guaranteed income pilot will distribute $725 per month to about 200 families in Sacramento, California for a year. The program, called Family First Sacramento, has […]

In the world of cryptocurrency, many noteworthy projects align with investors’ values and interests. Solana is one such project that has gained significant attention. Between the end of September 2023 and mid-March 2024, its value surged remarkably from $19.1 to $172.1, marking a staggering increase of approximately 761%. And the trend suggests that its value […]

At the center of this shift are platforms like Binance, global cryptocurrency exchanges reshaping how we think about money, technology, and our impact …

While most altcoins print new highs in the recent bullish cycle, Arbitrum remained quiet and struggled to advance higher. It lost ground following an 18% weekly cut amidst the latest crackdown in the market. Following a steady climb from $1.55 in late January, ARB registered an impressive gain and almost recovered fully before facing rejections […]

The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining […]

Crypto liquidations hits $680 million, but Solana takes outlier role on market

TL;DR Democratic senators Jack Reed and Laphonza Butler urge the SEC to block cryptocurrency ETPs. They allege concerns about lack of transparency and liquidity in the crypto market, especially in Bitcoin ETPs. They argued about the lack of legal protections for BTC ETPs compared to traditional ETFs. Amidst the growing interest in cryptocurrencies, the debate […]

TL;DR Binance Labs, the venture capital division of Binance, has been separated from the parent company with a valuation of $10 billion. The Binance brand will be licensed by the venture capital subsidiary. Binance Labs, led by co-founder Yi He, is a prolific early-stage backer of crypto projects, predominantly funded by the exchange’s profits. It has invested […]

A widely followed crypto analyst is cautioning traders against worrying about Bitcoin’s (BTC) nearly 5% dip in the last 24 hours. Crypto analyst Michaël van de Poppe tells his 702,300 followers on the social media platform X that market corrections can be seen as opportunities for traders. “Bitcoin down 7-8% overnight.  Altcoins have followed in this correction […]

Crypto industry veterans and investors are debating whether Bitcoin (BTC) or MicroStrategy (MSTR) is a better buy following several weeks of stellar performance for both assets. Since the start of the year, Bitcoin has rallied 54% on the back of massive demand for newly launched Bitcoin ETFs, whose shares have appreciated at the same rate […]

Marhsa Blackburn (R-TN), the longest-serving United States Senator representing the state of Tennessee, will speak at the National Press Club in Washington D.C. for the second-annual Bitcoin Policy Summit hosted by the Bitcoin Policy Institute (BPI). According to a press release sent to Bitcoin Magazine, Blackburn will participate in a fireside chat focused on the […]

Amid the bullish sentiment around the crypto landscape, the Altcoin overall market cap has displayed positive strength as many investors and traders are throwing capital into several altcoins ahead of the bull cycle.  Altcoin Market To Rally Toward $425 Billion Since Bitcoin has surged to a new record high, many cryptocurrency analysts anticipate a surge […]

Musk’s Dogecoin Tease: The Future of Digital Payments? Get ready for some intriguing developments because Elon Musk, the Dogefather, during a session at Tesla’s Gigafactory in Berlin has hinted at the possibility of accepting Dogecoin as payment for Tesla vehicles “at some point”. Yep, you heard that right – the meme currency that started as […]

Elon Musk, regarded by some as the godfather of DOGE, has broken his silence on the meme coin for the first time in a while. Speaking at a Tesla event, Musk promised that purchasing an electric vehicle with Dogecoin might not just be a pipe dream. In response to the news, Dogecoin climbed 12% in […]

… cryptocurrency and Web 3 event, has announced its staging in Hong Kong … Cryptocurrency and Web 3 Technology in the International Flagship Event.

In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376% increase in its supply during […]

Senators Jack Reed and Laphonza Butler have raised alarms over Bitcoin exchange-traded funds

The U.S. Federal Reserve listed a central bank digital currency (CBDC) as one of its “key duties” in a document presented to members of Congress. House Majority Whip Tom Emmer, a Republican from Minnesota, says Fed officials handed his staff a document earlier in the Congressional session titled “Key Duties of the Fed – Payment […]

Investing in cryptocurrencies has changed a lot. Now, there are more ways to make money without actively doing much. This year, people are looking at Celestia (TIA), Avalanche (AVAX), and Algotech (ALGT) for making passive income. Each of these has its benefits for people who want to earn steady money without much effort. Best Cryptos […]

TL;DR Bitcoin’s Dominance: Bitcoin has now overtaken gold in investor portfolio allocation when adjusted for volatility, with its allocation being 3.7 times greater than that of gold. Impact of Bitcoin ETFs: The significant inflow into Bitcoin exchange-traded funds (ETFs) since their inception earlier this year has contributed to this shift, with the potential Bitcoin ETF […]

Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of […]

The Michael Saylor-led software company MicroStrategy has upsized its planned convertible senior notes offering from $500 million to $525 million. The company intends to use the proceeds to acquire more Bitcoin, as per their recent press release, following a strategy it has pursued since 2020. MicroStrategy announced it had priced the 0.875% convertible senior notes […]

Bitcoin price is moving lower from the $73,000 resistance. BTC must stay above the $67,000 support to start a fresh increase in the near term. Bitcoin price is correcting gains and moving lower from the $73,000 zone. The price is trading below $71,000 and the 100 hourly Simple moving average. There was a break below […]

… cryptocurrency Ponzi scheme known as IcomTech. U.S. District Judge Jennifer L. Rochon presided over the two-week trial. U.S. Attorney Damian …

A U.S. district court judge ordered former Binance CEO Changpeng Zhao to hand over his passports and travel documents as he awaits his sentencing in April. In November, Zhao pleaded guilty to violating anti-money laundering laws and stepped down from his role as chief executive of the world’s largest crypto exchange. Zhao has been free […]

Solana (SOL) stands out as the only major crypto experiencing gains, with a 7% increase in the last 24 hours. The Solana network has gained attention for hosting unique memecoins like “doland tremp” and “jeo boden,” alongside others such as dogwifhat (WIF). The surge in memecoin popularity is underscored by institutional interest, with asset managers […]

Polkadot team announces new partnership enabling its integration into Unity’s Verified Solutions program and marking a leap in Web3 gaming development. The collaboration leverages expertise in game development and Polkadot’s blockchain technology. This offers significant visibility and potential for innovation within the Unity Asset Store, which is used by over 1.5 million developers. Polkadot’s price […]

Upland, a popular Web3 metaverse and crypto game, unveiled the inaugural chapter of its “Share and Build” airdrop series on Friday. This initiative is designed to reward players with tokens for their participation. Upland’s Airdrop Series Rewards Community Participation At its essence, Upland is a Web3 metaverse platform dedicated to virtual land ownership and fostering […]

How great are chances to see further upward move of SHIB?

The Securities and Futures Commission (SFC) has issued a warning to the public regarding a purported virtual asset trading platform (VATP) operating under the name “MEXC.” MEXC’s Unauthorized Operations Highlight Regulatory Breach The SFC’s caution comes amidst the active promotion of its services to Hong Kong investors, despite MEXC neither holding a license from the […]