The Japanese yen just tapped its worst level against the US dollar in more than three decades, reportedly triggering emergency intervention from the country’s financial authorities. After touching 160.17 per USD, Japan moved to stop the slide and prop up the world’s third most-traded currency, reports the Wall Street Journal. “The U.S. dollar weakens 1% […]

Circle CEO Jeremy Allaire says he has his eye on a crypto use case that could be the tech that sparks mass adoption of blockchain and digital assets. In a new interview on Bankless, Allaire says that the “general payment utility” that stablecoins allow for is likely the most important use case for bringing the […]

TL;DR Dogecoin has experienced a 13.8% increase in non-empty wallets over three months, correlating with a temporary spike in its value. Analysts predict a potential significant rise in DOGE’s price, with targets ranging up to $1, based on current trends and historical performance. DOGE Investors on the Rise Despite underperforming recently, some metrics related to […]

Bitcoiner Michael Saylor shares an important Bitcoin definition, triggering his followers’ bullish response

Zondacrypto, a cryptocurrency exchange in the Central and Eastern European region, has announced its partnership with the Giro d’Italia cycling race. This collaboration designates zondacrypto as the Official Cryptocurrency Exchange of the 107th edition of the Giro d’Italia, set to commence on May 4th in Turin and culminate on May 26th in Rome. Multi-Faceted Role: […]

In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of “Exponential Decay,” indicating a weakening in the momentum of its bull market cycles over the years. “Does history make […]

The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.

As the cryptocurrency market reels from the Bitcoin halving event, investors are scrambling to find the next significant investment – the most promising projects for the coming year. While established players like Solana, Shiba Inu, Ethereum, and Litecoin remain solid contenders, new and innovative projects like the hugely hyped BlockDAG are also emerging. Here’s a […]

With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. following the approval of 11 spot bitcoin ETFs on Jan. 10. Zhu Haokang, head of digital […]

TL;DR Stripe will add support for the Avalanche C-Chain, allowing users to buy AVAX directly. Avalanche’s native wallet, Core, now integrates this functionality, facilitating wallet funding with various payment methods. The integration aims to solve the “cold start problem” in web3, offering users a frictionless entry into the Avalanche ecosystem through Stripe. Stripe, a platform […]

TL;DR Chainlink has released the VRF v2.5 update, improving the Verifiable Random Function (VRF) functionality. Improvements include a more efficient billing model, more predictable pricing, and an improved user experience. New use cases have been enabled and the adoption by large companies and projects in Web3 stands out. Chainlink, the leading Oracle project in the […]

Fred Krueger dismissed the impact of Bitcoin halvings, emphasising that institutional demand for Bitcoin ETFs will drive future prices. Krueger predicts a decade-long bull market for Bitcoin, akin to historical equity markets, fuelled by shifts in the investor base. Despite historical patterns of halvings and bull markets, Krueger views the supposed causality as illusory, citing […]

The friction between regulators and the crypto industry was heightened last week after the DOJ charged founders of a non-custodial bitcoin wallet …

Last week Paypal released a whitepaper in partnership with Energy Web and DMG Blockchain Solutions, describing a “Green Mining Initiative” intended to redirect fees from participating users specifically to certified miners powering their operations with renewable energy. I can’t say I’m surprised by this honestly, mining has at this point become very normalized in terms […]

The firm behind the top US dollar-pegged stablecoin by market cap is investing hundreds of millions of dollars in a “brain-computer-interface” (BCI) company. In a new announcement, USDT-issuer Tether says they have invested $200 million in Blackrock Neurotech, making Tether the majority stakeholder in the firm. According to the announcement, Blackrock Neurotech’s BCI technology has already helped physically […]

The developers of Bitcoin (BTC) wallets Phoenix Wallet and Wasabi Wallet have announced that they will stop providing services to US consumers. In a statement, Wasabi Wallet maker zkSNACKs says it is now blocking US citizens and residents from visiting its websites, downloading its wallet and using related products and services such as API (application […]

Outcome of critical SHIB price test might hinge on variety of factors

Spot Bitcoin ETFs have caused a major stir in the cryptocurrency industry, unlike anything seen before. Following the US and Hong Kong, Australia is now gearing up for a series of launches of Bitcoin exchange-traded funds. The ASX has received applications from at least two organizations, and there’s another one in the pipeline Australia Braces […]

Prometheum Capital has announced a strategic partnership with Broadridge Financial Solutions (NYSE: BR) to bolster its post-trade lifecycle and back-office operations. The firm gears up to introduce a custody, clearing, and settlement services suite for digital asset securities. Prometheum Partners with Broadridge to Enhance Post-Trade Operations Prometheum will leverage Broadridge’s Shadow Post Trade Processing Solution […]

The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively.  […]

According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange.

According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by the layoffs. Convoluted Corporate Processes Yuga Labs, the Web3 platform behind […]

On-chain analyst Willy Woo believes that a critical time is arriving for Bitcoin (BTC) as he says bearish momentum subsides. Woo tells his 1.1 million followers on the social media platform X that key indicators suggest Bitcoin could soon see a bullish reversal. “Summary: it’s crunch time. BTC needs to make a decision. Technical indicators […]

Big Four accounting firm KPMG says that investors are warming up to crypto as a way to hedge against the debasement of fiat currencies by central banks. In a new report, KPMG looks at the Canadian market and says that in 2023, half of financial service providers polled in the country offered crypto asset services, […]

The cryptocurrency sector is in constant flux, revealing new opportunities for both veteran investors and newcomers. While traditional options like Ethereum and Dogecoin remain popular for their foundational values, emerging technologies like BlockDAG with a presale that has raised $21 million so far, are capturing attention with their groundbreaking features and market potential. Ethereum’s Volatile […]

NC Interactive LLC may proceed with its copyright infringement suit alleging that the defendants sold millions of dollars worth of cryptocurrency …

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, Founder & Chairman Michael Saylor announced today. BREAKING: MicroStrategy bought 122 more #Bitcoin for $7.8 million. pic.twitter.com/IZWUNj0kHY — Bitcoin Magazine (@BitcoinMagazine) April 29, 2024 “As […]

Stockmoney Lizards believe the current BTC sideways trading is a normal correction, predicting a rebound to US$50k. They note that post-halving price explosions have historically taken time, viewing the current slowdown as typical rather than alarming. Despite macroeconomic challenges, indicators like the one-year SMA confirm ongoing bull market conditions, suggesting continued investor confidence. While Bitcoin […]

Has local correction of DOGE ended yet?

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the average Ethereum transaction fee has plunged to a mere $1.12, marking the lowest daily average cost since October 18th, 2023. Ethereum Transaction […]

The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data.

Australia is preparing to join Bitcoin exchange-traded fund (ETF) bandwagon. The country’s primary equity exchange, ASX Ltd, is anticipated to approve the launch of Bitcoin ETFs following similar approvals in the US and Hong Kong, Bloomberg reported. Australia Prepares for Crypto ETFs This year, US Bitcoin ETFs accrued an impressive $53 billion, reflecting a growing […]