Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]

Cramer’s latest statement is particularly noteworthy, given current uncertainty on market

Bitcoin price failed to clear the $65,500 resistance. BTC is now moving lower and there are a few bearish signs emerging below the $63,500 level. Bitcoin started a fresh downside correction and traded below $63,500. The price is trading below $63,350 and the 100 hourly Simple moving average. There was a break below a major […]

Trump has shifted from staunch crypto critic to expressing a more accepting and supportive stance. Standard Chartered predicts a second Trump term could boost Bitcoin, enhancing regulatory conditions and market confidence. Trump’s return could drive foreign US Treasury withdrawal, fostering Bitcoin’s use as a hedge against de-dollarisation. Donald Trump, former US President and currently in […]

The Australian Tax Office (ATO) has announced a new record-matching program that seeks to access the details of up to 1.2 million crypto exchange account holders every year. ATO says the program doesn’t generate automated enforcement actions and will be used mainly to inform crypto investors of their tax obligations. Beware, Australian crypto investors—the ATO […]

[PRESS RELEASE – London, United Kingdom, May 8th, 2024] The presale for World of Pepe ($WOP), a new frog-themed meme coin on the Solana blockchain, is now underway. World of Pepe is following the fundraising method first used by Book Of Meme founders and later by projects like $SLERF. Over 100 SOL has been raised […]

Cryptocurrency purchases, considered imports, have broken records in Brazil, putting some weight into the nation's trade balance.

U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.

London-based digital banking firm Revolut has introduced Revolut X, a cryptocurrency exchange tailored for professional traders, marking the institution as the pioneer in developing a dedicated platform for cryptocurrency trading within the banking sector. Crypto Offerings with New Exchange Platform With a user base of 40 million worldwide, Revolut has already facilitated cryptocurrency transactions through […]

A closely followed crypto trader believes that Solana (SOL) just witnessed its last major correction for this market cycle. Pseudonymous analyst Inmortal tells his 213,300 followers on the social media platform X that SOL bulls successfully defended support at around $120. The trader shares a chart suggesting that the blue-chip altcoin is now poised to […]

Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support. DOT gained pace and tested the $7.5 resistance level against the US Dollar. The price is trading above the $7.00 zone and the 100 simple moving average (4 hours). […]

TL;DR TON Network Hits $200 Million TVL: The TON network achieved a significant milestone by surpassing a Total Value Locked (TVL) of $200 million. This growth is driven by the recent launch of the Open League within the TON ecosystem. Open League and DeFi Protocols: The TON Network’s valuation increase can be attributed to hosting […]

TL;DR Digital asset investment fund outflows amounted to US$251 million, marking the fourth consecutive negative period. ETFs debuted in Hong Kong with resounding success, attracting fund inflows of US$307 million in the first week. Ethereum broke a seven-week streak of net outflows with inflows totaling US$30 million, while Bitcoin recorded net outflows of US$284 million. […]

Both Ondo (ONDO) and Polygon (MATIC) recently established far more strategic partnerships and collaborations in order to expand their ecosystem and contribute towards further developments and updates to it. This could lead to an upswing in their value in the long-term. Similarly, KangaMoon (KANG) is surging upwards on the charts and could reach new levels […]

On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […]

How long is accumulation of SHIB going to last?

[PRESS RELEASE – Arizona, United States, May 7th, 2024] Apu Apustaja, the widely recognized internet meme, has expanded its influence into the cryptocurrency market by transitioning into a memecoin. Known for its extensive popularity online, Apu now seeks to establish its presence on the Ethereum blockchain. On March 11th, 2024, Apu Apustaja was officially launched […]

Hong Kong police have launched a manhunt for at least four men who abducted a cryptocurrency investor and attacked her husband with a stun gun after …

The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application.

The chief executive of market insights platform Fundstrat is reiterating that Bitcoin (BTC) will still post massive gains this year despite its choppy price action in the last six weeks. In a new CNBC interview, Tom Lee says Bitcoin’s bull market cycle is far from over. According to Lee, Bitcoin and other asset classes have […]

Australian Taxation Office (ATO) has requested personal data and transaction details from crypto exchanges of up to 1.2 million accounts to crack down on potential tax evaders, Reuters reported. This move marks a significant escalation in the ATO’s efforts to ensure compliance in the rapidly expanding digital currency market. Oversight of Crypto Tax Compliance ATO’s […]

Metaplanet, a decades-old Japanese Public company providing hospitality and technology-related services, recently announced a major strategic pivot – embracing Bitcoin as a core corporate treasury asset. Last month, Metaplanet revealed it acquired over $6 million worth of Bitcoin, marking the company’s foray into digital assets. This mirrors MicroStrategy’s pioneering move to allocate part of its reserves to […]

Susquehanna International Group, a behemoth in asset management with a trading volume handling numerous financial products globally, has made a substantial investment in Bitcoin through various exchange-traded funds (ETFs). A disclosure to the Securities and Exchange Commission (SEC) on May 7 revealed that Susquehanna held approximately $1.2 billion in spot ETFs during the first quarter […]

BlockDAG is transforming the cryptocurrency landscape with its advanced hybrid blockchain-DAG technology, backed by a strategic liquidity plan worth $100 million. Standing at the forefront of this year’s top 5 crypto presales in terms of ROI, BlockDAG joins other innovative ventures like Dogeverse, WienerAI, 99Bitcoins, and 5thScape in offering exceptional investment prospects. BlockDAG: Setting New […]

Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from the securities regulator. “The SEC’s continued attack on crypto, […]

Shiba Inu’s reversal halted, but there’s possibility of continuation in foreseeable future

Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX.

TL;DR ETH vs BTC Performance: Ethereum (ETH) experienced a significant 44% drop in value, which is over twice as severe as Bitcoin’s (BTC) 21% correction. This divergence in performance has led to questions about Ethereum’s speculative appeal and investor confidence. Speculative Interest: There’s a noticeable decline in speculative interest for Ethereum, especially among short-term holders, […]

The Securities and Exchange Commission (SEC) says there is a need to delist the Naira from cryptocurrency Peer-to-Peer (P2P) platforms.

Aussie trader Miles Deutscher believes the next few months of the crypto market will be an accumulation phase, where investors should continue strengthening their portfolios. He decided to test the convenience of trading bots by setting up an accumulation-based strategy – dollar-cost averaging. Deutscher is setting up the bots to make daily purchases of AUD […]

The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023 recently transferred over 1,100 Ether (ETH) to sanctioned crypto mixer Tornado Cash. The hacker sent the Ether in batches while still holding over $180 million worth of assets across different blockchains. Poloniex Hacker Launders 1,120 ETH According to data from Arkham Intelligence, the […]

Coincheck and Spacial Purpose Acquisition Company Thunder Bridge Capital Partners IV are progressing with a merger deal that will enable the Japanese cryptocurrency exchange to list on Nasdaq. Coincheck has reportedly submitted a proposal regarding the agreement to the SEC, signifying a significant step for both companies and investors seeking exposure to the growing crypto […]