A proof-of-work, layer-1 altcoin has defied the crypto market doldrums and surged by 25% this week ahead of an upcoming protocol launch. Kaspa (KAS), which bills itself as “the fastest, open-source, decentralized and fully scalable layer-1 in the world,” is trading around $0.18 at time of writing, up from $0.144 seven days ago. The 27th-ranked […]

The Pacific Island nation of Vanuatu expects to endorse a digital asset and service provider bill in September. Branan Karae, Commissioner of the Vanuatu Financial Services Commission (VFSC), announced this at a digital assets symposium organized by the country’s financial regulator on June 27. The bill is expected to be enacted during the first week […]

Yield App Ltd, a Seychelles-incorporated crypto investment platform, has announced the immediate suspension of all operations on its digital wealth platform, yield.app. This move comes as the company prepares to enter liquidation proceedings and aims to ensure fair and equal treatment for all users and stakeholders. Yield App Stops Operations The decision, effective today, was […]

Vocal Bitcoiner Samson Mow has shared another $1 million Bitcoin prediction on his X account

In a landmark decision on June 28, 2024, the Supreme Court of the United States, by a 6-3 vote, overruled the longstanding Chevron doctrine, fundamentally reshaping the landscape of administrative law and judicial review. The case, Loper Bright Enterprises v. Raimondo, signals a significant shift in the balance of power between the judiciary and administrative […]

A clicker game on Steam recently became the talk of the town after flipping some of the most popular games on the platform. ‘Banana’ became a sensation for its NFT-like rewards, which can be sold for over $1,000 on Steam’s marketplace. However, the clicking phenomenon has sparked a debate among crypto community members about the […]

A 24-year-old man from Florida has been convicted of running a crypto-stealing scheme that also included kidnapping and assault. In a new press release, the U.S. Department of Justice (DOJ) says that Remy St. Felix, from West Palm Beach, was the mastermind of a burglary crew that targeted crypto owners from September 2022 to July […]

A JPMorgan Chase customer is filing a lawsuit after the banking giant refused to reimburse thousands of dollars drained from her account by a bad actor. Real estate attorney Ebony Lucas says she recently discovered her highly active business account has been hit with $30,000 in fraudulent transactions, reports CBS News Chicago. Some of the […]

Crypto ETFs are trending, with Bitcoin and Ethereum leading the way; Solana may be next. VanEck has applied for the first US Solana Spot ETF, aiming to broaden the ETF landscape. The future of Solana as either a commodity or a security remains uncertain with regulatory debates ongoing. Unless you have been living under a […]

BlockDAG’s Dev Release 58: Introduction of Beta X1 Miner Bug Discovery Programme as $2 Million Reward Selection Approaches BlockDAG is creating a buzz in the cryptocurrency sector with its latest update. The recent keynote, dubbed the Moon-shot, successfully raised $53.4 million from its presale, with 11.8 billion coins purchased.  The price per coin now stands […]

21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed a registration statement with the SEC to launch a solana […]

Dubai, UAE – June 29, 2024 – Cryptocurrency is rapidly gaining mainstream recognition, with many countries around the world acknowledging its …

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.

TL;DR BlackRock reaffirms that Bitcoin is an effective hedge against geopolitical uncertainty and monetary risks. BlackRock’s BTC ETF has been the most profitable since its launch in January 2024, significantly surpassing Grayscale. Despite the decline in demand and the drop in BTC price, interest in cryptocurrencies remains strong and is expected to continue growing. BlackRock […]

A recent report highlights the impending impact of the European Union’s Markets in Crypto Assets Regulation (MiCA) on cryptocurrency trading surveillance. Commissioned by Eventus, the report, “The Impact of MiCA on Crypto Market Surveillance: Insights and Challenges,” draws from interviews with senior executives at 68 firms involved in crypto trade, conducted by Acuiti. MiCA Compliance: […]

The U.S. Securities and Exchange Commission (SEC) sued Ethereum infrastructure provider Consensys on Wednesday for allegedly failing to register key services offered within its MetaMask software wallet. The SEC’s lawsuit comes two months after it issued a Wells notice to Consensys voicing the agency’s intent to sue regarding the popular Ethereum wallet, which its website […]

Can price of SHIB keep rising by end of week?

Dogwifhat (WIF) is experiencing increased bearish pressure after facing a significant rejection at the $2.13 resistance level. This rejection marks a pivotal moment, pushing the price downward and signaling potential continued losses for the cryptocurrency.  Market analysts and investors are closely watching this development, as the inability to break through the $2.13 barrier underscores prevailing […]

Top US exchange Coinbase is not going to facilitate the planned merger of multiple artificial intelligence altcoin projects into a single new crypto. In an announcement via the social media platform X, Coinbase says that customers will have to initiate the merger on their own. “Ocean (OCEAN) and Fetch.ai (FET) have announced a merger to […]

Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled.

Bitcoin cryptocurrency background. A bunch of golden bitcoin, Digital currency. Tevarak. Bitcoin (BTC-USD) bull Peter Thiel said Bitcoin is likely …

An exciting new Ether-based scalability project, MegaETH, secured a handsome US $20m in funding. This figure puts the team’s “fully-diluted token valuation” at over US $100m. Key investors in the seed round included Ether co-founder Vitalik Buterin, ConsenSys CEO Joseph Lubin and VCs like Dragonfly. MegaLabs intends for MegaETH to provide “real-time” transaction finality, the […]

The dynamic world of cryptocurrency is known for its rapid shifts and market volatility. Amidst this ever-changing landscape, Mpeppe (MPEPE) has emerged as a standout token with the potential to surpass its competitors, including Brett (BRETT). Predictions indicate that Mpeppe (MPEPE) could reach the $10 mark within the next three months. This article explores the […]

Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than they were yesterday.” Potential […]

Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform. This venture targets emerging asset classes and aims to expand the wallet’s services beyond traditional decentralized exchanges (DEXs). Bitget Wallet Eyes New Horizons According to the press release, Tomarket, developed by experts from Binance and Microsoft, […]

TL;DR Yield App, a cryptocurrency investment platform, ceases its operations due to significant losses linked to FTX through third-party fund managers. Despite ensuring the safety of deposited funds and having insurance, the platform admits considerable losses, initiating a liquidation process and legal actions against the involved fund managers. FTX is undergoing liquidation after declaring bankruptcy […]

TL;DR 21Shares has formally applied to the SEC to launch a Solana ETF, following a similar proposal by VanEck, marking a competitive start in the market. The proposed ETF aims to provide investors with access to SOL without directly acquiring the cryptocurrency, thereby expanding investment opportunities. Analysts closely monitor SEC approval of the ETF, considering […]

Legendary trader John Bollinger believes that the Bitcoin price will keep consolidating

In an analysis provided by CryptoQuant, a significant change in Bitcoin miner behavior has been noted, potentially indicating a turning point. CryptoQuant analyst, known as Crypto Dan, outlined a reduction in miners’ selling pressure, which has historically been a pivotal factor affecting Bitcoin’s price trajectory. Bitcoin Mining Selling Pressure Decreases According to Crypto Dan, “Miners’ […]

A long-dormant crypto whale has woken up after years of slumber to move millions of dollars worth of Bitcoin (BTC) to Binance, the world’s largest crypto exchange platform by volume. New data from market intelligence firm Lookonchain reveals a crypto mining wallet that has been asleep for 14 years has abruptly woken up and deposited […]

Bitcoin’s price actions drove the asset to over $62,000 yesterday, but it failed to maintain its run and has retraced to under that level as of now. Several altcoins have outperformed substantially the largest digital asset, including DOT, AVAX, and SOL. BTC Stopped at $62K It hasn’t been a good week for the primary cryptocurrency […]

The change in regulatory stance marks the end of a ban on crypto use in the country in place since 2014.