Crypto asset manager Pantera Capital is reportedly raising funds to finance a nine-figure purchase of smart contract platform Solana (SOL) from bankrupt crypto exchange FTX. According to a new report by Bloomberg, Pantera is seeking funds to buy $250 million worth of the Ethereum (ETH) rival from the failed digital asset exchange. The report cites […]
Binance’s US arm is reportedly downsizing amid legal challenges with federal securities regulators. In June, the U.S. Securities and Exchange Commission (SEC) filed 13 charges against Binance and its founder Changpeng Zhao for allegedly selling unregistered securities, misleading investors about security protocols and mishandling customer funds. Binance.US, which operates under BAM Trading, is also accused […]
TL;DR Avalanche has launched the Durango update and the Teleporter communication tool, aimed at improving interaction within its ecosystem and developer experience. Teleporter, available on the Ethereum Virtual Machine (EVM) compatible C-Chain network, seeks to enhance cohesion between AVAX subnets and facilitate the exchange of price data for tokens and NFTs. AVAX has shown an […]
Ethereum enters it’s Blob era – New opportunities arise Bitcoin has sponged up all the recent attention but an Ethereum eco storm has been brewing, which could see it have an explosive year. The catalysts for the laggard do not only include being able to boost institutional demand through an ETH ETF approval but also […]
Ethereum and Solana have outperformed some competitors like Avalanche and XRP, with ETH and SOL registering week-on-week gains of 15% and 6.6%, respectively. Ethereum’s price surge is fuelled by anticipation around Spot Ethereum ETFs and the significant network upgrade coming up. Solana’s bullish sentiment is driven by its potential to hit a significant price milestone […]
While the past week of trading saw several top meme coins through a big rally, the AI and Data tokens are now gaining traction as Fetch.ai tapped a new high and currently leads the altcoins rally with a 40% surge in the last 24 hours of trading. FET’s latest bullish rally started in the first […]
Sponsor: Grayscale by KEF Media Cryptocurrency is an intriguing investment option that has been around for a while now.
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s management of the Optimism network, a blockchain designed to […]
Millions of XRP suddenly leave Binance amid XRP price surge
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), still won’t give a straight answer on whether Ethereum (ETH) legally classifies as a security. During a Thursday interview with Bloomberg, the chairman was asked to clear the regulatory fog surrounding the second-largest cryptocurrency, given that Ethereum spot ETF applications are now piling up […]
Binance has introduced a new platform that allows users to earn rewards by accurately predicting upcoming token listings on the USD-denominated futures market. According to the press release, users can purchase “Picks” for 1 USDT each at the NEXT Pool. These “Picks” are used to predict upcoming listings on the exchange’s USD-denominated futures market. Each […]
“It is in the nature of a system of government control of business to aim at the utmost centralization…In voting for government control of business the voters implicitly, although unwittingly, are voting for more centralization.” – Ludwig Von Mises One of the most underestimated threats that modern society faces is the ever tightening grip of […]
Just below the all-time high of $69,000, the Bitcoin price has shown more volatility in recent days, only to now tread water around $67,000. But this boredom could soon be over. Following the recent price movements, a notable pattern has emerged on the Bitcoin (BTC) price chart, as recognized by the seasoned crypto analyst Josh […]
A closely followed crypto analyst says that Bitcoin (BTC) is currently decisively in the midst of its pre-halving rally. Pseudonymous crypto strategist Rekt Capital tells his 410,900 followers on the social media platform X that despite this, the top crypto asset by market cap could still see some dips along the way. “Bitcoin is still […]
TL;DR Record-Breaking Volume: Solana’s DEX trading volume surged to a record $2.85 billion on March 5, with a weekly total of $14.966 billion, indicating a 152.63% increase and reflecting growing trader confidence in the Solana ecosystem. SOL Price Spike: The SOL token reached a 20-month high of $141.96, marking significant gains over various time frames and securing […]
TL;DR Projects related to artificial intelligence (AI) and technology are experiencing growth in their value in the crypto market. Wallets containing digital coins focused on AI, such as Delysium (AGI), SingularityNET (AGIX), and Artificial Liquid Intelligence (ALI), have experienced a significant increase in their value. Michael Saylor suggests that AI projects could help mitigate concerns […]
Embarking on the thrilling journey of cryptocurrency investment, enthusiasts eagerly seek out unique opportunities that promise lucrative returns.
IBIT has become a notable player in the exchange-traded products arena, recently reaching USD $11bn in AUM. The fund recorded an impressive USD $788 million in AUM yesterday, positioning it with the second largest daily, weekly, and monthly flows across all ETFs. Despite the ETFs’ recent inception and Bitcoin’s significant price increase, the comparison of […]
In the bustling world of cryptocurrency, the launch of a new tech token often sends waves of anticipation and speculation across the investor community. Such is the case with the strategic introduction of Option2Trade (O2T), a new entrant in the cryptocurrency market that has rolled out an enticing incentive: a 15% discount via the promo […]
As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will probably not fall under $30,000 again, is of the opinion that the latest surge is […]
Bitcoin’s rise to record high on Tuesday was part of larger rally in 2024
Investors from the traditional finance sector are gobbling up Bitcoin (BTC) at “unprecedented” levels, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju tells his 335,600 followers on the social media platform X that traditional finance investors are dollar-cost averaging 6,896 BTC per day. “They accumulated 103,726 BTC over the […]
New data reveals that two companies owned by billionaire Elon Musk hold over $1.3 billion worth of Bitcoin (BTC) across multiple addresses. According to blockchain analytics firm Arkham Intelligence, Tesla and SpaceX currently hold $1.34 billion worth of the top crypto asset by market cap across 96 combined wallet addresses. “Arkham has identified the BTC […]
With spot Bitcoin ETFs having been approved the same year that the halving is set to take place, many newcomers to the space may be wondering: what is the Bitcoin halving? This is a common question among those wanting to learn more about the Bitcoin protocol. Expected to be the most important event in Bitcoin’s […]
Popular crypto analyst on X, cyclop (@nobrainflip) with 346,000 followers made a compelling argument for investors looking to maximize their returns through strategic altcoin investing. With Bitcoin (BTC) making a new all-time high, the focus has shifted to altcoins, which are poised for significant growth in the current bull cycle. According to the analyst, the […]
Bankrupt firms BlockFi and FTX have announced an agreement “in principle” to settle their disputes. According to a March 6 court filing, FTX has committed to paying up to $874.5 million to BlockFi, marking a potential resolution to a long-standing legal battle between the two entities. $874 Million Settlement Under the agreement terms, subject to […]
TL;DR Rug Pull Allegations: LENA Network faced accusations of a ‘rug pull’ after its Candy token value dropped by 87%, with 753 Ether transferred to an exchange-linked address, causing panic among investors. LENA’s Response: The network denied any malicious intent, renounced ownership of the Candy token contract for community safety, and admitted to inexperience with handling the […]
TL;DR Layer 2 solutions for Ethereum are experiencing exponential growth, with a total locked value (TVL) exceeding $36.7 billion. Arbitrum One leads the Layer 2 space with a TVL of $15.7 billion, almost double that of its closest competitor, Optimism, thanks to its pioneering position and perceived greater security. The increase suggests a growing demand […]
POGORICA, Montenegro — (AP) — A Montenegrin court on Thursday ruled that cryptocurrency mogul Do Kwon should be handed over to his native South …
A widely followed crypto analyst and trader is expressing bullish sentiment on an altcoin in the Solana (SOL) ecosystem that has skyrocketed by triple digits in four weeks. The analyst pseudonymously known as Bluntz tells his 244,400 followers on the social media platform X that the memecoin dogwifhat (WIF) is primed for a “monster” surge […]
When Bitcoin set a new all-time high earlier this week, it pushed Solana—and most other major digital assets—to the highest price it’s been for a long time. The $139.96 it saw on Tuesday, March 5 was the highest SOL has been since January 2022. But now, even though Bitcoin has slipped below $67,000, the Solana […]
The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, refused to be drawn on whether the regulator considers Ethereum to be a security—even as the SEC considers multiple applications for spot Ethereum ETFs. Speaking on Bloomberg TV, Gensler said he would “defer on that question,” when pressed on whether the regulator viewed […]