TL;DR Nvidia Subpoenaed: The U.S. Department of Justice issued a subpoena to Nvidia on September 3, sparking market turmoil and significant losses in AI-related tokens. Market Impact: Nvidia’s shares dropped by 8.3% this week, while AI tokens fell by an average of 7.1%, outpacing declines in major cryptocurrencies like Bitcoin and Ethereum. Broader Trends: The […]

The upcoming U.S. Federal Reserve interest rate decision could cause significant short-term volatility and a potential correction in Bitcoin’s price. Historical patterns suggest that rate cuts often trigger a “sell the news” event, potentially pushing Bitcoin toward the $50,000 range. The overall crypto market shows signs of weakness, with a “death cross” on the daily […]

The upgrade aims to enhance rewards for restakers. 

Former President Donald Trump’s decentralized finance (DeFi) project has issued a statement on its roadmap. In a new thread on the social media platform X, World Liberty FInancial – formerly known as The DeFiant Ones – says that its main mission is to spread US dollar-pegged stablecoins and the concept of DeFi throughout the world. […]

Fetch.AI (FET) is showing signs of strong investor interest and increasing on-chain activity despite recent market fluctuations. Currently, 48% of wallets holding FET are in profit, while 43% are in loss. This demonstrates a balanced but resilient market for the token. Over the past week, transactions involving amounts over $100,000 have reached approximately $191 million, […]

Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains cautiously optimistic about the long-term outlook, expecting future monetary easing to benefit crypto. Arthur […]

Bitcoin not in its best state, but worst case scenario is not that bad

In response to what it describes as a hostile takeover attempt, Bitfarms has strongly rejected claims made by Riot Platforms, accusing Riot of trying to undermine the company for its own gain. The conflict between the two Bitcoin mining giants has escalated, with Bitfarms issuing a public statement to address what it calls “misleading claims” […]

Ethereum is down nearly 35% from July highs and roughly 40% from 2024 peaks. While there is hope among holders that the coin will expand, breaking local resistance, the short-term trend favors sellers. From the daily chart, not only is ETH struggling to gain momentum and push above $2,800, but sellers have been relentless, diffusing […]

The X accounts of Lara Trump and Tiffany Trump were reportedly hacked Tuesday evening, resulting in fraudulent messages posted to promote a fake cryptocurrency token. The compromised accounts were used to falsely endorse a token allegedly linked to World Liberty Financial, a new crypto project recently promoted by members of the Trump family. Details of […]

(KRON) — On Wednesday, California Attorney General Rob Bonta announced a $3.9 million settlement with a Menlo Park cryptocurrency company, …

According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.

A closely followed crypto strategist believes that rallies are in store for one artificial intelligence-focused altcoin. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he’s accumulating Artificial Superintelligence Alliance (FET). The trader shares a chart suggesting that FET could carve a bottom at around $1.10 before breaking out […]

Zürcher Kantonalbank (ZKB), Switzerland’s fourth-largest bank, has begun offering its clients Bitcoin and crypto trading and custody services. With over $290 billion in assets under management, ZKB provides services to retail, corporate, and institutional clients.  JUST IN: 🇨🇭$290 billion Zurich Cantonal Bank launches #Bitcoin and crypto offerings. pic.twitter.com/ILUTSHWn8V — Bitcoin Magazine (@BitcoinMagazine) September 4, 2024 […]

TL;DR Ethereum has faced a challenging month following a 30% drop in July, with $476 million in outflows from its ETFs. The Grayscale Ethereum Trust (ETHE) unlock and the massive sale of 410,000 ETH by large holders have intensified market pessimism. Currently, ETH is priced at $2,485, with a slight daily recovery of 1.9%, but […]

The owner of Dogecoin’s mascot recently announced on Twitter they have adopted a new fluffy puppy – Neiro. The new dog, a Shiba Inu, naturally inspired a wave of meme coins minted across the Web3 sphere. Neiro Ethereum became the clubhouse leader for market cap and trading volume – however, a report from internet sleuth […]

The Bank of Japan has announced potential interest rate rises coming in January 2025, spreading concern among crypto investors. A cash rate increase would see a strengthening Yen vs the US Dollar – which could cause millions worth of positions to be liquidated. In such situations, high-risk assets like crypto are often the first to […]

We’re thrilled to announce that we’ve extended the network coverage of POL to include the Polygon Network!  This is an important step as we work towards supporting the Polygon team’s objective of migrating all MATIC to the POL token. To find out more about this migration, check out our Support Center.  In the coming months, […]

The memecoin sector rides a bullish wave after surging 5.4% in market value as the broader market optimism fuels a massive investment influx. PEPE and Dogwifhat (WIF) prices are recovering stronger by rallying past immediate thresholds and legging up for a mega breakout to reach their early heights of 2024. Meanwhile, DTX Exchange (DTX) leads […]

Outlier Ventures’ new report claims the four-year Bitcoin halving cycle “is dead,” arguing that halving events no longer significantly impact bitcoin’s price due to a maturing crypto market. The report suggests the influence of halvings diminished after 2016, with recent price movements driven more by Bitcoin ETFs and macroeconomic factors, such as the post-Covid capital […]

Legal experts have criticized the SEC’s enforcement action

Bitcoin ATM scams are on the rise, with fraudsters increasingly using these machines to target vulnerable consumers. Data from the Federal Trade Commission (FTC) reveals a nearly tenfold increase in scams involving Bitcoin ATMs since 2020. In 2023 alone, reported losses exceeded $110 million. Emma Fletcher, a senior data researcher at the FTC, explained that […]

Binance Coin (BNB) remains a dominant force. However, even seasoned BNB holders are always on the lookout for new opportunities to maximize their returns. Recently, a new gambling-focused token, Mpeppe (MPEPE), has caught the attention of Binance Coin (BNB) investors. This token is generating buzz for its potential to deliver 100X profits. Let’s explore why […]

Decentralized Finance (DeFi) platform Penpie, built on the Pendle network, reportedly suffered a major exploit on September 3, 2024. According to the real-time on-chain monitoring system Cyvers Alert, the hack led to the loss of at least $26 million in various wrapped and synthetic crypto assets. Details of the Attack Emerge The security surveillance company […]

Discover why the cryptocurrency market is crashing today. Explore market volatility, altcoins plunge, and the impact on Bitcoin and Ethereum.

Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.

As we enter a new era of development on Bitcoin, it has become very hard for most people to understand the nuances of the L2 debate, and ever harder to follow some of the technical jargon associated with it. Sidechains, rollups, sequencer, multisig, ZKP…. In this report, we’ll try to shed some light on those […]

TL;DR Euler launches v2 of its DeFi protocol with a modular design for highly customizable lending and deposit vaults. The new version, following a year of development and audits, supports a wide variety of digital assets and allows for flexible risk management. v2 introduces the capability to use deposits from other vaults as collateral and […]

TL;DR The CFTC has imposed a $175,000 fine on Uniswap Labs for allegedly offering digital asset derivatives illegally. According to the investigation, the protocol facilitated leveraged digital asset trading that violated physical delivery regulations under the Commodity Exchange Act (CEA). Despite the fine and cease-and-desist order, UNI token has risen 5% to $6.41, showing resilience […]

Playtron plans to launch SuiPlay0x1, a handheld crypto gaming device, in 2025.  It aims to compete with the Steam Deck and Nintendo Switch, featuring “seamless” Web3 functionality. The device can run both crypto and traditional PC games, and it has adjustable quality settings and expandable memory. The device has seen demand, given that 1,000 pre-orders […]

Ripple is developing a new EVM-compatible sidechain that will enable cross-chain transfers between XRPL and Ethereum. Axelar will play a key role in connecting the new sidechain with over 55 blockchains. Ripple is eager to work with DeFi developers to provide input into the functionality of these new smart contracts. Cross-border payment company Ripple has […]

The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder and CEO of INX. Datika, a veteran of both traditional and digital finance, argues that such a framework would not only provide clarity but also […]