Kraken has unveiled its latest strategic move aimed at bolstering its presence in the European market. The company has announced a new partnership designed to facilitate the expansion of its product offerings in Germany, a pivotal market in the region for crypto adoption. Forging Partnership to Enhance Crypto Services in Germany Scheduled to commence around […]

An analyst has explained how Bitcoin seems to be showing a good setup to reach escape velocity based on the trend in this indicator. Bitcoin VWAP Oscillator Has Been Showing A Bullish Divergence As explained by analyst Willy Woo in a new post on X, a bullish divergence has appeared to be forming in the […]

The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.

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 […]

Stablecoin issuer Tether is working with blockchain analysis firm Chainalysis to develop a solution for monitoring transactions involving entities beyond those that directly buy and sell USDT. In a statement, Tether says the customizable solution for monitoring secondary market activities will offer an enhanced understanding and oversight of the USDT market.  The company says compliance […]

A widely followed crypto analyst believes one Ethereum (ETH)-based decentralized finance (DeFi) token is being set up for a large rally. According to pseudonymous trader The Flow Horse, the governance token of Ethena (ENA) is one of many new altcoins presenting opportunities, but requires patience for payoff. “There are a couple pairs that I am eyeing that are […]

Robinhood Markets Inc. has become the next crypto trading platform to receive a threat of legal action from the Securities and Exchange Commission (SEC), adding to the sizable list of industry giants on the agency’s hit list. In a Form 8-K filed on Saturday, the company said it received a Wells Notice from the SEC […]

Casa helps people store bitcoin and other digital assets by empowering them to own, secure, and manage their private keys safely and easily. Founded in 2016, the company helps its members take self-custody of their assets with multi-key vaults for greater protection against single points of failure, such as hacks, theft, and accidents. Nick Neuman […]

Binance, top crypto exchange, is delisting six major trading pairs

Analyzing Emotional Trends from X platform using SenticNet: A Comparative Analysis with Cryptocurrency Price. Authors:Moein Shahiki Tash, Zahra Ahani, …

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TL;DR The SEC issued a Wells Notice to Robinhood Crypto, indicating possible enforcement action. The investigation focuses on Robinhood’s crypto operations, including listings, custody, and platform operations. Potential action could involve measures such as injunctions, fines and activity limitations. The recent action by the United States Securities and Exchange Commission (SEC) against Robinhood Crypto, LLC, […]

Australia’s key financial regulator, ASIC, has won a landmark case against BPS Financial, a crypto service provider operating since the early 2020s. The court found that BPS ran its product, Qoin Wallet, without a financial services license. Additionally, the judge accused BPS of intentionally misleading customers by implying the company was registered and that there […]

A whale withdrew 915.85 billion PEPE tokens from Binance, totalling US$7.94 million, and moved 1.238 trillion PEPE in two transactions worth US$10.4 million. The investor previously profited from an INJ trade but incurred losses on RNDR. Notable whale activities also included purchases in UNI, LINK, MKR, and ENS, with three whales primarily driving these altcoin […]

The Securities and Exchange Commission (SEC) could potentially bring an enforcement action against Robinhood, according to a Wells notice recently issued to the company’s cryptocurrency trading arm on May 4. This development comes despite Robinhood asserting that the assets listed on the platform are not securities. Navigating Regulatory Challenges “On May 4, 2024, Robinhood Crypto […]

Bitcoin price extended its increase above the $64,000 resistance. BTC is now holding gains above $62,800 and might aim for more upsides. Bitcoin traded to a new weekly high at $65,500 before there was a downside correction. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish […]

While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.

Whales reportedly had a field day over the weekend, gobbling up millions of dollars worth of digital assets from crypto exchange Binance. Blockchain tracking firm Lookonchain says that on Saturday, crypto whales withdrew stacks of the decentralized oracle project Chainlink (LINK), meme token Pepe (PEPE), decentralized exchange Uniswap (UNI), stablecoin governance token Maker (MKR) and domain […]

A widely followed crypto strategist says one Dogecoin (DOGE) challenger is way ahead of its fellow altcoins. Pseudonymous analyst Cred tells his 624,100 followers on the social media platform X that he’s bullish on the frog-themed memecoin Pepe (PEPE). According to the crypto strategist, PEPE is leading the altcoin pack in terms of market structure […]

Meme coins have surged and are predicted to rival established coins like Polkadot and Tron.  In the aftermath of Bitcoin’s halving sell-off, analysts were vindicated in their predictions that TRON’s price would maintain support above $0.11. Now, market experts are forecasting a bullish resurgence for Polkadot and Raboo. Raboo’s fusion of social-fi and artificial intelligence […]

A wallet that laid dormant for 10.3 years has suddenly sprung to life, transferring all 687.33 bitcoins, worth almost $44 million, on May 6, according to Lookonchain’s latest findings. The wallet in question had received the 687.33 BTC, valued at $630,000 at that time, on January 12, 2014, when bitcoin’s price was $917 and, interestingly, […]

Contrary to several earlier reports, it has been revealed that not only were 687.33 bitcoins transferred from a dormant 2014 wallet on May 6, 2024, but the owner also appears to have expended a total of 1,005.33 BTC, equivalent to almost $64 million at current exchange rates. 1,005 Bitcoin Worth $64 Million Moved From 2 […]

Can upcoming week become bullish for Bitcoin (BTC)?

In the ever-evolving realm of digital finance, cryptocurrency mining stands as a beacon of innovation and opportunity.

Crypto.com has reached a new milestone by surpassing 100 million users globally, marking a significant achievement for the company since its inception in 2016. The cryptocurrency exchange attributes this achievement to its latest marketing campaigns, which include partnerships with renowned personalities, venues, and events. Partnerships Propel Crypto.com Some of the marketing efforts include hosting NBA […]

The current Bitcoin price behavior and its deviations from expected cyclical patterns remain a central theme of analysis. Crypto analyst Rekt Capital (@rektcapital) recently shared new insights on X concerning Bitcoin’s potential peak during the ongoing bull run, which is progressing at an atypical pace compared to historical data. When Will Bitcoin Peak This Cycle? […]

Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days.

TL;DR Hermetica Labs launches USDh, Bitcoin’s first native synthetic dollar, yielding up to 25%. USDh is fully backed by the leading cryptocurrency and offers a bank-free and fiat-currency alternative. The integration of USDh into the L1 and L2 layers of BTC promises a revolution in decentralized finance. Innovation in the world of decentralized finance (DeFi) […]

TL;DR Bitcoin volatility is decreasing, signaling a trend towards market stability. BTC faces selling pressure from whales, but short-term investors show signs of reducing selling pressure. Macroeconomic factors and developments in the crypto industry influence market expectations. The Bitcoin (BTC) market has been experiencing significant swings in recent weeks, marking a trend towards greater stability […]

Coinbase has enjoyed a stellar start to 2024, with its Q1 earnings call blowing 2023 figures out the park. Although earnings appeared great on face value, investors weren’t as impressed and Coinbase’s stock fell 3% in the days following. Meanwhile, CEO Brian Armstrong spoke strongly about the performance of Coinbase’s L2 venture, Base, and its […]

BlockDAG Excels with $23.2M Presale Following Moon Keynote Video Teaser, Outshining Ethereum ETF Developments, and Fantom’s Meme Coin Initiatives The cryptocurrency market is currently focused on significant regulatory and innovation shifts. While the Ethereum ETF awaits crucial regulatory decisions, and the Fantom Foundation enhances the security of its meme coins, BlockDAG steals the spotlight with […]

According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly […]