Ownership and trading in cryptocurrency are no longer the preserve of the sophisticated investor. In 2024, the investment website Investopedia …
Nasdaq, in collaboration with CF Benchmarks, has filed with the Securities and Exchange Commission (SEC) to list and trade the Nasdaq Bitcoin Index Options (XBTX). If approved, this new product will offer investors a sophisticated tool to manage and hedge their Bitcoin investments through options, which the Nasdaq said will further “the maturity and liquidity […]
Bitcoin is weaving through a consolidation phase since marking a new all-time high of $73,777 in mid-March. Since then, Bitcoin’s daily closing prices have exhibited significant restraint, never sealing above $71,500 and maintaining a floor above $54,000, though it has seen a major intraday low touching $49,000. This consolidation phase has nudged the Fear and […]
Ex-Goldman Sachs executive Raoul Pal believes that Ethereum (ETH) competitor Solana (SOL) could have a massive price explosion this cycle. In a new interview on the Empire podcast, Pal predicts that Solana will put up somewhere around 900% gains in the coming months. “The whole space goes up a lot [in the next 12 months]. […]
Coinbase chief executive Brian Armstrong has rolled out a new “on-chain score” platform for crypto wallets. Onchainscore.xyz assesses crypto wallets for “onchain-nativeness” on a 1-100 scale and provides information about the wallet’s activity history, token swaps, bridge transactions and the number of transactions on Ethereum (ETH) and the layer-2 scaling solution Base. Armstrong shared results […]
TL;DR Terraform Labs (TFL) will begin to close its operations and management of the Terra blockchain will become a community-based process. Proposal 4818 will be the last upgrade to the chain before TFL closes its operations. The key bankruptcy restructuring hearing is scheduled for September 19 and will determine the future of the company. Terraform […]
One of oldest assets on market might finally turn into part of history
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds.
As the global market cap decreases this week, XRP turns slightly bearish after tapping $0.63. It has seen a 10% loss but is still charging for more drops. This may lead to a huge fallout if the bulls fail to intercept. Since the price dropped from the $0.66 level in July, XRP has found it […]
The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable […]
Bitcoin, the first cryptocurrency, was introduced in 2009 and quickly became known for its decentralized nature, providing a new way to conduct …
In the rapidly expanding global Bitcoin community, Western biases often dominate the narrative, overlooking diverse stories from around the world. One such story belongs to Didier Somnuke, a small business owner in the heart of Bangkok, a city known for welcoming 22.8 million international tourists in 2023, surpassing cities like Paris, London, and New York […]
Tron (TRX) has been making headlines with its stellar performance over the past few weeks, soaring over 30% and reaching a current trading price of $0.1606. This surge has solidified its position among the top 10 cryptocurrencies by market capitalization, boasting a market cap close to $14 billion. As Tron (TRX) continues to captivate the […]
Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round.
The world’s first electronic stock exchange is asking the top US securities regulator to approve Bitcoin (BTC) index options. According to a new report from Reuters, Nasdaq is seeking approval from the U.S. Securities and Exchanges Commission (SEC) to list a Nasdaq Bitcoin Index Options (XBTX) product. The SEC has not yet approved options based on […]
Maker, one of the first and largest DeFi lending protocols on Ethereum, has rebranded to “Sky” following key upgrades to its decentralized stablecoin system. That stablecoin, previously known as DAI, has also rebranded to USDS, and the MKR governance token has been changed to SKY. From MKR to SKY: What’s New? As announced over Twitter […]
Bitcoin miners have been accused of holding electricity hostage in Texas
TL;DR Hilbert Group and Xapo Bank have launched a Bitcoin-denominated hedge fund with an initial investment of over $200 million, set to begin in September 2024. The fund will offer investment opportunities in BTC through structured credit agreements not directly available on the market, targeting corporations and professional investors. Hilbert Group expects significant growth from […]
SunPump has generated over US$1M in volume, with tokens like Tronny (TRNY) and BULL experiencing dramatic price surges of 1,900% and 5,000% in just a few days. BULL’s rapid rise to a US$200 million market cap in one day sparked accusations of insider trading, with critics suggesting that the token’s surge was manipulated. Some traders […]
Crypto-friendly Robert F. Kennedy Jr. has endorsed Trump after withdrawing from the race, potentially strengthening Trump’s position in swing states like Pennsylvania and Arizona, where Kennedy has requested ballot removal. That, combined with Jerome Powell’s recent declaration of a monetary easing cycle starting next month, sent BTC to US$64K. The US equity market also gained, […]
While most meme coins have taken a downturn in the latest market fall, Floki remains bullish as it reclaims its monthly high earlier today. Despite facing a rejection, it is one of the daily top gainers with a 1.7% increase. Floki further shows signs of strength today following a 10-day increase from the $0.0001 level. […]
Arkham Intelligence has announced an expanded partnership with Coingecko and Gecko Terminal, integrating their market data into Arkham’s platform. This collaboration aims to enhance the crypto analytics experience by combining Coingecko’s token pricing data with Arkham’s onchain data. Arkham said the partnership will allow Arkham to incorporate pricing data and charts from Gecko Terminal, broadening […]
Two closely followed crypto strategists are predicting a rebound for layer-1 protocol Toncoin (TON) after last week’s sudden correction. Pseudonymous analyst Altcoin Sherpa tells his 220,700 followers on the social media platform X that TON could rally more than 23% from its current value. “Bought TON last night in spot, going to hold it and […]
With the commencement of the 2024–2025 football season, Coinbase has expanded the scope of its existing partnership with German football club Borussia Dortmund (BVB). The sponsorship deal was originally agreed upon in July 2022 and will be in place for the next three years. Announced today (Tuesday), the crypto exchange and the football club have […]
Keith A. Markel, Vani Upadhyaya and Kayla West of Morrison Cohen LLP discuss labor and employment issues that arise for cryptocurrency companies, …
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy. Every morning at 6am, in Punxsutawney, Pennsylvania, the cynic weatherman Phil Connors wakes up to experience the same day over and over and over again. Stuck in a time loop, Connors tries everything to get his life back to […]
As Ethereum (ETH) continues to establish itself as a dominant force in the blockchain world, with the potential to hit $5,000 according to Vitalik Buterin’s latest projections, Ethereum (ETH) investors are increasingly on the lookout for new opportunities that promise substantial returns. While the ETH community is buzzing with anticipation about Ethereum’s future, a new […]
French President Emmanuel Macron has been widely criticized by tech executives such as Elon Musk and Rumble CEO Chris Pavlovski.
Litecoin’s value has plummeted by 36% since peaking on April 1st. The crypto asset hasn’t been generating much buzz on social forums either, as per latest data. Meanwhile, a certain cohort of small LTC holders have been quietly exiting the market. However, this has ignited interest in a potential bullish reversal shortly. According to Santiment’s […]
Cryptocurrency payments will be on the rise, according to Coinbase CEO Armstrong
TL;DR MakerDAO is transforming into Sky and will launch new tokens, USDS and SKY, on September 18, 2024, as part of the “Endgame Plan.” USDS will replace DAI and SKY will replace MKR, with a conversion rate of 24,000 SKY per MKR, and will offer new functionalities. The “Sky Stars” concept will introduce independent decentralized […]
BlockDAG’s New Bonus System Offers Instant Bonuses Up to 8%; Solana’s Price Prediction Is in Focus While Polygon Struggles As the digital currency world buzzes with excitement, Solana captures interest with forecasts of a possible climb to $250. Meanwhile, Polygon is undergoing tough times, plummeting to its lowest mark in two years, leaving a mere […]