India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the government’s tax measures significantly reduced daily trades on some major local crypto exchanges. This fine follows Binance’s global scrutiny and former CEO Changpeng Zhao […]
TL;DR Toncoin ($TON) has experienced strong growth following its latest update, boosting its ecosystem under the management of the TON Foundation. As the native cryptocurrency of The Open Network, it facilitates transactions, execution of smart contracts, and participation in governance, incentivizing validators and users. Its multi-blockchain architecture allows for high scalability and security, distributing network […]
TL;DR Bernstein raises its Bitcoin price projection to $200,000 by 2025, driven by strong capital flows into BTC ETFs in the U.S. BTC ETFs are expected to represent approximately 7% of the total BTC supply by 2025, boosting adoption in the traditional financial market. BTC projections suggest a value of up to $1 million by […]
TradingView has integrated data from Crypto.com, one of the leading global crypto exchanges. This addition aims to enrich the analytical tools available on TradingView and to make it easier for traders to explore and understand digital asset trading. Enhancing User Experience By incorporating Crypto.com’s extensive data coverage, TradingView users can now access real-time insights on […]
Tyler and Cameron Winklevoss, co-founders of cryptocurrency exchange Gemini, have donated 30.94 Bitcoin, valued at over $2 million, to former President Donald Trump’s campaign. Both Cameron and Tyler Winklevoss announced on their X accounts that they contributed 15.47 BTC ($1 million) each to Trump to “put an end to the Biden Administration’s war on crypto,” […]
Blockchain development company Consensys says the U.S. Securities and Exchange Commission (SEC) is closing its Ethereum 2.0 investigation, which sought to determine if the second-largest cryptocurrency by market cap is a security. In April, Consensys received a Wells Notice from the SEC indicating that the regulator was planning to pursue legal action against the company […]
Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the coin is down 10% from March 2024 highs but steady. Will Bitcoin Consolidate For Two More […]
The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network.
SHIB executive warns big investors about “crypto casino” and “gambling” and shares why she is bullish on Shibarium
Cryptocurrency Wallet scams are the second most expensive in the state, with an average loss of $133,133 per victim. Some other costliest crimes …
The sentiment around major altcoins XRP, Dogecoin, and Shiba Inu has taken a significant hit following their recent price declines. For patient traders who have been waiting for the market to lose interest in these high-profile cryptocurrencies, this dip in sentiment might signal a prime buying opportunity, especially with FOMO (Fear of Missing Out) reaching […]
[London, United Kingdom, June 20th, 2024] EasyA, the world’s leading Web3 education app, has confirmed that its community recently surpassed one million developers, and will build off this success with the launch of its Polkadot education campaign. The platform, which educates and empowers developers to create decentralized applications (dApps) and nurture thriving Web3 communities, has […]
Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative potential. “I have been building Circle for over 11 years, and at no time have I been more optimistic than right now,” he emphasized. The executive envisions a future where digital tokens, smart contracts, and decentralized governance revolutionize finance […]
Stablecoin platform Circle CEO Jeremy Allaire believes that the future of crypto is brighter than ever before in its history. Allaire tells his 139,900 followers on the social media platform X that the reasons to be bullish on blockchain technology are increasing exponentially. “I’m more bullish than I have ever been about crypto. I have […]
A digital asset security research firm has returned $3 million in funds to crypto exchange Kraken after an unusual saga following a bug bounty program exploit. Yesterday, Kraken chief security officer Nick Percoco said in a lengthy X thread that the exchange was alerted days ago that an “extremely critical” code exploit allowing hackers to artificially […]
Today (Thursday), it was disclosed that Bitflyer, a Japanese cryptocurrency exchange, has acquired the Japanese operations of FTX, which had previously filed for Chapter 11 bankruptcy protection in November 2022. FTX Japan was among over 100 affiliated entities included in the bankruptcy proceedings. Asset Segregation Raises Recovery Hopes In contrast to its parent company, FTX […]
Today, Marathon Digital Holdings, Inc. (NASDAQ: MARA), a leader in Bitcoin mining, has launched an innovative pilot project to recycle heat generated from Bitcoin mining to warm a community in Finland. The 2-megawatt data center, energized at the end of May, is located in the Satakunta region, home to 11,000 residents. JUST IN: Marathon is […]
The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to […]
The announcement from Gemini followed $2 million in personal donations from the Winklevoss brothers to former President Trump’s re-election campaign.
TL;DR AI Token Surge: The market cap for AI tokens has reached nearly $28 billion, with Fetch.ai and Render leading the gains. Nvidia’s Impact: Nvidia’s success in AI chips has positively influenced AI-related blockchain projects, highlighting the connection between AI and cryptocurrency. Beyond Leaders: Other AI tokens like Ocean Protocol and SingularityNET are also gaining […]
TL;DR Kraken and Certik’s dispute Over Bug Bounty: A bug in Kraken’s system allowed users to inflate their account balances. Kraken identified three accounts exploiting the flaw and withdrew nearly $3 million. Blackmail or Misunderstanding? CertiK denies stealing the funds, claiming they were minted due to the bug. Kraken requested more funds than what CertiK […]
Elon Musk inspires enthusiastic response from crypto community
Israeli investment trends are shifting toward cryptocurrency amid regulatory evolution and growing interest in digital assets like Bitcoin, …
USDC issuer Circle has outlined plans for a proposed initial public offering (IPO), but a new report indicates the stablecoin company’s previous attempt to go public was dogged by regulatory questions from the U.S. Securities and Exchange Commission (SEC). Back in July 2021, Circle initially announced plans to go public via a merger with Concord […]
Despite the S&P 500’s ongoing rally, Bitcoin has experienced a significant decline, marking a rare divergence between these sectors since the stabilization following the FTX collapse in late 2022. Typically, such market conditions would see cryptocurrencies experiencing a relief bounce to catch up. Bitcoin's plummet has come in spite of the S&P 500 continuing to […]
Cryptocurrency investors have shown extreme levels of fear and uncertainty toward bitcoin (BTC) over the past month. According to on-chain data analysis firm Santiment, this extended period of negativity is unusual and could signal a potential buying opportunity for those who can endure the market’s inherent volatility. Record FUD Levels and Whale Accumulation Many investors […]
The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline […]
Laser Digital, a digital asset arm of global financial services group Nomura, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval marks the completion of Laser Digital’s licensing process with ADGM. Nomura’s Laser Digital Wins Abu Dhabi Regulatory Approval The FSP allows […]
Chainlink’s LINK price is consolidating above the $14.00 support. The price could gain bullish momentum if it clears the $14.65 resistance zone. Chainlink price is showing bullish signs and eyeing more gains above $15.00 against the US dollar. The price is trading below the $15.00 level and the 100-hourly simple moving average. There is a […]
The ETP issuer says a Tuesday CoinSnacks report was likely “commissioned by short sellers,” which the crypto-focused newsletter has denied.
Solana gaming focussed layer-2, Sonic, has raised US$12 million in a Series A funding round led by web3 venture capital firm Bitkraft Ventures. This new funding brings Sonic total funding to US$16 million and its fully liquidated valuation to US$100 million, as part of its funding deal Bitkraft Ventures will join Sonic’s board. The gaming […]
While prices are sluggish, Bitcoin is still moving off exchanges. Ethereum Exchange Traded Funds (ETFs) await a go-live date, a look at the technicals playing out. Altcoin analysis: ETH and LDO Bitcoin is moving… off exchanges Historically speaking, looking at previous market cycles and the behaviour of users depositing and withdrawing coins off exchanges can […]