We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on Linea! What is Linea?  Linea is a Layer 2 (L2) solution tailored for Ethereum, aiming to enhance scalability and flexibility for decentralized applications (dApps). It leverages zero-knowledge proofs alongside complete Ethereum Virtual Machine (EVM) compatibility, facilitating the easy development or […]

Swiss Bitcoin enthusiasts have initiated a campaign for the Swiss National Bank to hold Bitcoin alongside gold in national reserves. The proposal leverages Switzerland’s direct democracy, requiring 100,000 signatures to bring the initiative to a referendum. Advocates like Yves Bennaïm and Luzius Meisser argue that including Bitcoin would ensure Swiss neutrality and financial sovereignty. After […]

The legal battle between Ripple and the SEC over allegations of illegal sale of cryptocurrencies has reached a crucial step as the long-awaited trial starts today (Tuesday). The SEC first accused Ripple Labs of offering unregistered securities in December 2020. Ripple’s defense is based on the argument that its native cryptocurrency, XRP, should not be […]

Cardano (ADA), the tenth largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors in recent months. After a steep price decline in March, ADA has seen a minor uptick, leaving analysts divided on its future trajectory. Could a repeat of a historical price pattern propel ADA to new heights in 2024, or […]

Cryptocurrency is a form of virtual money based on complex encryption that can be used to pay for services and goods and enables cross-border …

Introduction One of Bitcoin’s undeniable and frequently touted strengths is its decentralization. It’s often claimed that the Bitcoin network offers levels of decentralization, accessibility, and distribution unmatched by any other cryptocurrency. But just how decentralized is Bitcoin in reality? And how do we go about measuring its decentralization? Before delving into these questions, it’s crucial […]

Imprisoned FTX founder Sam Bankman-Fried has agreed to cooperate against other defendants in FTX civil litigation. The disgraced former crypto executive has faced civil litigation in Southern Florida from a patchwork of plaintiffs seeking to recover losses related to FTX’s collapse and subsequent bankruptcy in November 2022. A new document filed on Friday indicates Bankman-Fried […]

TL;DR Launch of INJ 3.0 on mainnet, making $INJ one of the most deflationary assets in the crypto market. Plan for accelerated reduction in INJ supply over the next two years. Beginning of a new era for the platform with these significant updates. Since its recent mainnet launch, INJ 3.0 has marked a major milestone […]

BlockDAG’s Presale Revenue Jumps to $19.4M Post Lunar Keynote Teaser As Chainlink (LINK) Price & TRON (TRX) Value Declines BlockDAG Presale is breaking records, with its 9th batch amassing over $19.4M and selling over 7.9 billion coins. Meanwhile, the Chainlink (LINK) price is witnessing a deceleration in momentum, and the TRON (TRX) value decreases as […]

Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […]

Market finally entering recovery mode

[PRESS RELEASE – London, United Kingdom, April 23rd, 2024] The crypto market is buzzing with the arrival of Hipposol, a new memecoin launching on the secure and swift Solana blockchain. Hipposol is not just aiming for the stars but is on a mission to the moon. A Journey Beyond the Stars Born in the vast […]

We’re thrilled to announce that Beam (BEAM) and Ondo (ONDO) are now available on Kraken for residents in Canada! Funding and trading Both BEAM and ONDO funding and trading are live. Add BEAM and ONDO to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Make sure to deposit your tokens […]

Ripple Labs has formally opposed the US Securities and Exchange Commission’s (SEC) proposition to levy a substantial fine of nearly $2 billion against the company linked to the XRP Ledger blockchain. Filed yesterday (Monday), Ripple’s opposition challenges the SEC’s proposal, which seeks to persuade a New York judge to impose the hefty penalty. Legal Battle […]

With the crypto market on the rise once again, XRP has seen positive headwinds and this has triggered an improvement in sentiment among investors. This positive recovery has seen more crypto investors move to acquire the altcoin, pushing a very important holder cohort toward new all-time high levels. Wallets Holding More Than 1 Million XRP […]

Early Bitcoin adopter Brock Pierce is revealing what he thinks is a “reasonable” price target for BTC as the flagship cryptocurrency moves into a new phase. In a new interview on Fox Business, Pierce, who’s also a co-founder of stablecoin giant Tether, says that the recent explosion in Bitcoin fees as new applications are built […]

More than 98% of the world’s central banks are “researching, experimenting, piloting or deploying” central bank digital currencies (CBDCs), according to the World Economic Forum (WEF). The WEF, a Switzerland-based international organization focused on public-private cooperation, predicts in a new report that there could be 24 live CBDCs by 2030. The organization argues that wholesale […]

The famous  “Buy Bitcoin” sign that was flashed during a Congressional hearing has gone to auction. The sign became a harbinger of Bitcoin’s rise into the zeitgeist, with the coin going up ~800% in the months following its appearance on TV. So far, the bidding has pumped the sign’s price to nearly USD $150K, with […]

Miles Deutscher returns to analyse Bitcoin, noting its strength above the $59,000 mark and the significant support at $60,000 preventing further price drops. Post-halving, Bitcoin’s reduced issuance may boost its value; Miles points to ETF flows and upcoming economic data as key drivers. He advises investors on timing and psychological preparedness for buying during volatility, […]

Sydneysider Johnny Phan says booming cryptocurrency prices are leading more Australians sitting on digital asset windfalls to his start-up Vield.

Originally published on Unchained.com. Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website.  If you’ve been using bitcoin for a while, you’ve […]

BlockDAG X1 Miner Makes A Splash In Presale Arena While DeeStream & Pushd Innovations Compete For Dominance  The DeeStream presale is capturing widespread attention with its user-centric, blockchain-driven platform. Concurrently, the Pushd presale is carving out its niche in the Web3 marketplace. Amid these promising developments, BlockDAG emerges as a formidable player in the crypto […]

Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting bid of 1 bitcoin. Following ten subsequent bids, the highest offer has reached 2 bitcoins ($132,298). This heightened interest in the rare satoshi is tied […]

DOGE co-creator has commented on shattered expectations of those who expected Bitcoin to spike immediately after halving

TL;DR Binance has seen its non-US Bitcoin market share fall from 81.3% to 55.3% in one year. Platforms like Bybit and OKX have gained ground following the removal of Binance’s zero fee promotion. The company is working to rebuild its reputation and comply with regulations under new management, while facing legal challenges in the US […]

As the classic weather forecast goes in the Northern Hemisphere, April showers bring May flowers. Will it hold up for crypto exchange markets in Q2 of 2024 after a sharp correction this April? And if the market does recover in May, whose flowers will bloom brightest? Bitcoin price‘s four-year bull run seems imminent, but will […]

A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake post, an analyst has discussed about a pattern regarding the SOPR Ratio. The “Spent Output […]

Crypto.com has postponed the planned launch of its app in South Korea due to scrutiny by the regulators on the exchange’s anti-money laundering practices. According to a local media publication Segye Ilbo, Korean financial authorities have initiated an emergency on-site inspection of the crypto exchange. Anti-Money Laundering Concerns The inspection, conducted by the Financial Intelligence […]

… specialising in international asset seizure, hired at least two Cook Islands-based lawyers to draft the Tainted Cryptocurrency Recovery Bill 2023.

A group of Bitcoin advocates in Switzerland have launched a campaign to convince the Swiss National Bank (SNB) to add Bitcoin to its balance sheet.  The nonprofit organization 2B4CH aims to hold a national referendum to amend Switzerland’s constitution to require the central bank to hold Bitcoin. BREAKING: 🇨🇭Bitcoiners to launch a petition for Swiss […]

Solana’s rapid expansion is partly due to its appeal for creating memecoins, attracting both enthusiasts and scammers. Twelve memecoin projects on Solana were abandoned after collectively raising over 180,650 SOL (US$26.7M), as reported by crypto-sleuth ZachXBT. Despite warnings, investor greed and FOMO continue to fuel these risky investments, with similar patterns emerging in the layer-2 […]

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal Blockchain Research Team Advocates for Low-Carbon Mining With Financial Incentives The rise of the Bitcoin network has […]