Crypto industry experts believe Ethereum (ETH) spot ETFs will likely be denied approval for public trading by regulators next month. A denial would likely mean U.S. investors receive no product of the sort until December 2024 at the earliest, putting the digital currency well behind Bitcoin (BTC) in terms of adoption by Wall Street. Why […]
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Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material.
As Bitcoin (BTC) cools down from its latest rally, one widely followed crypto analyst says the king crypto’s dominance has peaked… for now. Crypto trader Michaël van de Poppe tells his 713,900 followers on the social media platform X that his BTC market dominance charts indicate that altcoins may soon be on the rise. “To me, the […]
New crypto whales are buying up Bitcoin (BTC) at a faster rate than longer-term holders, according to the chief executive of the blockchain analytics platform CryptoQuant. Ki Young Ju tells his 343,900 followers on the social media platform X that the new whales’ initial investment in Bitcoin is almost twice the old whales’ cumulative total. […]
TL;DR ViaBTC mined and sold the first satoshi after Bitcoin’s latest halving, causing a sensation in the community. The Ordinals protocol allows for the identification and trading of individual sats, classifying them into different categories of rarity and therefore, value. The auction of the “epic satoshi” took place on CoinEx and reached a price of […]
As the digital currency space expands, navigating the vast array of cryptocurrencies can be overwhelming. From well-known names like Bitcoin and Ethereum to emerging players like BlockDAG, the landscape is diverse. This guide delves into the top 10 cryptocurrencies for April 2024, highlighting their unique attributes and functionalities. What Are the Different Types of Cryptocurrency? […]
Beck & Bulow, a nationally acclaimed meat and seafood company based in Santa Fe, New Mexico, has announced its decision to accept Bitcoin as payment online and in-store, as well as include it in their employee 401k program. The company has also committed to holding Bitcoin and revenue generated in Bitcoin in its reserves indefinitely. […]
On-chain analytics firm Spot On Chain’s team of analysts, using Google Cloud’s Vertex artificial intelligence (AI), has conducted an in-depth analysis to forecast the future price of Bitcoin (BTC). Their latest report provides valuable insights into the leading cryptocurrency’s short-, medium-, and long-term outlook. Bitcoin Price Forecasts According to Spot On Chain’s report, Bitcoin prices […]
Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over $20,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol. […]
Shiba Inu (SHIB) inching closer to 10th spot in crypto rankings
Consensys, a United States-based blockchain firm, has sued the Securities and Exchange Commission (SEC) to push the regulator away from regulating the Ethereum blockchain. Filed yesterday (Thursday), the lawsuit also termed the efforts of the regulator a “campaign to seize control over the future of cryptocurrency.” A Strategic Lawsuit The lawsuit further argued that if […]
“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024.
— It was a fight Angela Sloan didn't expect. Sloan, a York County resident fell victim to a cryptocurrency scam after she invested in a digital …
Spot market crypto exchange-traded funds (ETFs) are reportedly set to launch in Hong Kong as soon as next week. According to a new report by Reuters, the three asset managers who are providing the products say that Bitcoin (BTC) and Ethereum (ETH) ETFs should start trading by April 30th as they have already received regulatory […]
Binance founder and former CEO Changpeng Zhao (CZ) has publicly apologized for what he described as “poor decisions” and has taken “full responsibility” for his actions. Meanwhile, Binance co-founder He Yi said that while he acknowledges that CZ may have made mistakes, his biggest one was ignorance. CZ Issues Apology and Appeals for Second Chance […]
The FBI has issued a public service announcement today, warning Americans against using unregistered and non-Know Your Customer (KYC) cryptocurrency money transmitting services. JUST IN: 🇺🇸 FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services. pic.twitter.com/BkSuG6MiCE — Bitcoin Magazine (@BitcoinMagazine) April 25, 2024 This announcement, identified as Alert Number I-042524-PSA, urged Americans […]
Ethereum price is attempting a recovery wave above the $3,125 zone. ETH must clear the $3,200 resistance to continue higher in the near term. Ethereum extended losses and tested the $3,075 support zone. The price is trading below $3,180 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at […]
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration.
TL;DR Runes accounts for 68% of all Bitcoin transactions since its launch. Although it has decreased slightly since halving day, it has been a significant source of fee income for Bitcoin miners. There is debate over whether it will provide a sustainable income stream for Bitcoin miners in the long term. In the cryptocurrency world, […]
MBlockDAG’s Moonshot Teaser Propels Presale Beyond $20.6M, Surpassing DeeStream And Pushd In The 2024 Crypto Market As the cryptocurrency landscape gears up for an exciting 2024, BlockDAG, DeeStream, and Pushd are front-runners in the race to captivate investors. With its recent moon-based keynote teaser, BlockDAG has not only caught the eye of the market but […]
In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask functions as an “unlicensed broker-dealer.” Consensys Confronts SEC Following Receipt […]
Willy Woo’s analysis on Bitcoin raises questions about its trajectory compared to $17 trillion gold
Ex-Goldman Sachs executive Raoul Pal says the altcoin market cap is on the verge of soaring to new all-time highs (ATHs). In a new video update, the Real Vision CEO says that the digital assets market could enter “crypto summer” within a month, when Ethereum (ETH), Solana (SOL) and other alts could have massive rallies. […]
Singapore nationals were among the cryptocurrency scam suspects arrested in Thailand that swindled 125 million baht worth of assets.
Blockchain developers have come one step closer to launching rollups on Bitcoin, enabling “unlimited smart contract functionality” and scaling once foreign to the OG crypto network. On Friday, BitcoinOS published the whitepaper for “BitSNARK and Grail”, a system for bridging Bitcoin to layer 2 rollups and blockchains in a trust-minimized way. Rollups On Bitcoin: Is […]
Block, a global technology company focusing on financial services, has announced the launch of Bitcoin Conversions, a feature that allows millions of Square sellers to convert a percentage of their daily sales to Bitcoin using Cash App, according to a press release sent to Bitcoin Magazine. This collaboration between Square and Cash App empowers eligible […]
The recent Bitcoin halving event, which cut the block reward for miners in half on April 20, 2024, has sparked a wave of optimism in the cryptocurrency market. While a brief dip in a key futures metric hinted at potential short-term bearishness, overall market indicators suggest a bullish trend taking hold. Analysts at Kaiko, a […]
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the United States.
TL;DR The DOJ arrested the founders of Samourai Wallet. It’s a clear attack on financial freedom and privacy in the crypto world. The wallet offers a high level of privacy and security to its users. It stands out for its ability to hide the origin, destination, and tracking of transactions and users. The community came […]
TL;DR Bitcoin’s Value Decline: On April 25, Bitcoin’s trading value fell by up to 5%, establishing a base of around $64,000 due to a sudden reaction to geopolitical news and increased Middle East tensions. Market Observations: CoinGlass observed a surge in liquidity on both the buying and selling sides of Bitcoin’s spot price across various […]
The Liquid Restaking Token, EZETH, has undergone a significant depegging event, plummeting from a peak of $3,279 to a low of $2,480 within the span of 24 hours. This sudden price movement has caught the attention of crypto enthusiasts and investors alike. A notable whale identified as 0xaa1, linked to the address “czsamsunsb.eth,” has capitalized […]