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 […]

While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever done anything close to that,” observed Eric Balchunas, Bloomberg’s senior ETF analyst, on […]

The move could potentially boost demand for Bitcoin ETFs

Meanwhile, Ethereum, the second-largest cryptocurrency, also saw a decline of over 3% to $3,156. Other major cryptocurrencies also experienced …

Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine. As per announcement, European customers can now buy, sell, send, and withdraw bitcoin using the app, and deposit funds from their bank accounts using free unlimited SEPA euro deposits, […]

Crypto analysts are sounding the alarm on Dogecoin as a classic chart pattern, known for predicting bearish trends, has emerged. Technical analyst Josh Olszewicz, @CarpeNoctom, flagged a potential Head and Shoulders (H&S) formation on the DOGE/USD 12-hour chart on X, hinting at a possible significant price drop if the pattern validates. The H&S pattern is […]

Morgan Creek Capital CEO Mark Yusko believes the full impact of Bitcoin ETF adoption has yet to be realized, as boomers will continue to gain more exposure to digital assets.

TL;DR Bitcoin (BTC) rose significantly post-halving, hitting $67K, but recently dropped to $64,000. Future projections suggest a potential rise to $150,000 by end of 2024. Ripple is currently in a trial phase with the SEC over XRP’s security classification, resisting a $2 billion fine and arguing for a maximum of $10 million. One popular attorney […]

Argo Blockchain (LSE: ARB; NASDAQ: ARBK), a cryptocurrency mining company, has released its 2023 financial results, revealing a year marked by strategic adjustments amidst industry challenges. However, despite achieving a modest gross profit, net income was negative for another consecutive year. Argo Blockchain Tried to Weather Crypto Storm, Cuts Debt by 63% in 2023 The […]

Edward Snowden criticized the U.S. Department of Justice (DOJ) for targeting app developers aimed at restoring financial privacy, responding to the arrest of the founders and CEO of cryptocurrency mixing service Samourai Wallet on charges related to money laundering and operating without a license. Snowden’s remarks show his ongoing support for financial privacy within the […]

Spot Bitcoin ETFs could boost demand for Bitcoin by eliminating traditional sources of friction, making the cryptocurrency much more valuable in the …

TL;DR Bullish Bitcoin traders are reducing their positions due to declining demand after the halving and slowing inflows into ETFs. The Bitcoin funding index fell into negative territory on April 19, for the first time since October 2023. Despite reaching a high of $73,798 in March, BTC has seen a 13% correction since then. The […]

TL;DR Avail partners with five leading layer-2 networks to improve scalability in Web3. Collaboration with Arbitrum, Optimism, Polygon, StarkWare and zkSync to improve data accessibility and rollup unification. Emphasizes a data availability (DA) layer to create more scalable and efficient chains. Avail, a blockchain solution focused on Web3 unification, has announced strategic collaborations with five […]

Safe, previously known as Gnosis Safe, has emerged as a decentralized asset custody protocol, boasting a robust multi-signature wallet ecosystem across 14 networks and encompassing over 190 projects. The protocol garnered significant attention in July 2022 when it secured a substantial $100 million financing round led by 1kx, signaling strong investor confidence in its vision […]

Market getting ready for acceleration

In light of the charges brought against Keonne Rodriguez and William Lonergan Hill for their alleged operation of Samourai Wallet, I believe it is important for Bitcoiners to assess the current state of things. Too much of the discourse in Bitcoin today is simply lip flapping from state-sponsored hypnotists pushing intelligence-captured infrastructure rails as scaling […]

Stellar (XLM), a prominent player in the digital asset landscape, is experiencing a surge in optimism as analysts forecast a significant price increase in the near future. The cryptocurrency, currently priced at $0.1126, has demonstrated stability amidst market fluctuations, attracting investor interest and propelling a potential bullish trend. Stellar Breaks Out Of Technical Pattern This […]

BlackRock’s Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.

In recent years, crypto has become an increasingly popular option for traders and investors who are looking to diversify their portfolios. Navigating a volatile and complex market can be challenging. AI (artificial intelligence) has revolutionized the crypto market. AI is the creation and use of computers capable of performing tasks that are normally performed by […]

The founders of the analytics platform Glassnode are predicting the altcoin market cap will surge by 350% after the recent correction. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say the alt market cap may be forming a similar 2021 structure when there was a […]

After a few days of hovering above $66,000, bitcoin (BTC) has dropped to a low of $63,500 amid heightened volatility. Coincidentally (or not), the amount of outflows from the United States spot Bitcoin exchange-traded funds (ETF) market on April 24 hit $120 million. BTC Plunges by 4.5% Data from CoinMarketCap shows that BTC lost roughly […]

Federal prosecutors charged Samurai Wallet founders, Keonne Rodriguez and William Lonergan Hill, with conspiracy to commit money laundering yesterday (Wednesday), marking another development in the US government’s ongoing efforts to address the use of crypto mixing tools potentially exploited by illicit actors and foreign entities to conceal financial transactions. Facing Legal Action over Alleged Transactions […]

The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748,909 in prejudgment interest. SEC Seeks Final Judgment Against Terraform Labs and Do Kwon The […]

The Cryptocurrency Usually Does This Next. Trevor Jennewine, The Motley Fool. Thu, Apr 25, 2024, 4:12 AM CDT 5 min read. Bitcoin (CRYPTO: BTC) …

Morgan Stanley, one of the world’s largest investment banks with over $1.4 trillion in assets under management (AUM), is reportedly considering allowing its brokers to directly recommend Bitcoin exchange-traded funds (ETFs) to its customers.  JUST IN: Morgan Stanley may allow its 15,000 brokers to recommend #Bitcoin ETFs to their clients: Reports Gradually, then suddenly 🙌 […]

The crypto market is in the red today, with a majority of the top-100 cryptocurrencies reflecting losses over the last 24 hours. Notably, only six altcoins, including two stablecoins, have managed to maintain a positive performance amidst a broader market sell-off. Several complex and intertwined factors have contributed to the day’s negative market sentiment, affecting […]

President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators.