Over the last four years, President Joe Biden has demonstrated a clear reluctance to support the Bitcoin and cryptocurrency industry, as recently evidenced by his veto of significant legislation and the broader stance of his administration. On May 31, Biden vetoed a pivotal bill that would have allowed highly trusted financial institutions to custody Bitcoin […]
A new post from an influencer behind the 2021 GameStop short squeeze, Roaring Kitty, saw GameStop shares close almost 50% higher on Thursday. Roaring Kitty’s reemergence on social channels, and an upcoming YouTube livestream, have stoked excitement for both meme stocks and memecoins. The highly volatile and hype-driven meme stock GameStop has once again taken […]
Early crypto investor Roger Ver, known by many as “Bitcoin Jesus,” was granted bail in Spain but still faces extradition to the U.S. for tax fraud charges.
AI platform coins are emerging as a dominant force in the cryptocurrency landscape, effectively becoming the new breed of meme coins. Over the past 18 months, these coins have demonstrated remarkable resilience and growth, often outperforming even Bitcoin during market fluctuations. Every minor uptrend in Bitcoin’s price curve sees AI and meme coins not only […]
Market clearly regaining some traction, but things may get ugly
We’re thrilled to announce that Pendle (PENDLE), is now available on Kraken! Funding and trading PENDLE funding is now available and trading starts on June 6. Add your token to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Make sure to deposit your tokens into the networks supported by Kraken. Deposits […]
Binance has reportedly reintroduced Mastercard payments for crypto purchases. This step arrived after Mastercard paused this service in August 2023 due to legal challenges facing Binance in the US. Both the US Securities and Exchange Commission and the Commodity Futures Trading Commission had filed multiple charges against the exchange, leading to a temporary cessation of […]
TL;DR Acquisition Move: Robinhood Markets Inc. is acquiring Bitstamp for $200 million to expand its global crypto offerings, despite facing scrutiny from the SEC and a potential lawsuit. Strategic Growth: The purchase of Bitstamp aligns with Robinhood’s strategy to diversify and enhance its financial services, particularly in crypto trading, leveraging Bitstamp’s regulatory framework and international reach. Regulatory […]
Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is orchestrating a large funding round before a potential initial public offering next year, according to a new report from Bloomberg. Sources contacted by the outlet say the exchange likely aims to raise $100 million before the move. Kraken To Go Public? […]
This highlights an even higher drop in whales' holdings measured in LINK, raising a relevant signal to the cryptocurrency market. Picks for you. 2 …
Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin Falling Even As Prices Approach All-Time Highs Even as Bitcoin prints impressive higher highs, […]
Local reports indicate that lines of several dozen people are waiting to purchase gold bullion from various state-owned banks in Vietnam, primarily in Hanoi and Ho Chi Minh. The interest in buying the precious metal at this time seems to be driven by the lower prices these banks offer to retail investors, in line with […]
Robinhood has agreed to acquire leading Bitcoin and crypto exchange Bitstamp for $200 million in cash, marking a major expansion of its Bitcoin and crypto business. The deal is expected to close in the first half of 2025. BREAKING: ROBINHOOD BUYS #BITCOIN AND CRYPTO EXCHANGE BITSTAMP FOR $200 MILLION. pic.twitter.com/Q9LfBDw3Di — Bitcoin Magazine (@BitcoinMagazine) June […]
There’s a three-way race for the top slot, with Microsoft maintaining a slight edge.
Jim Cramer has asked SEC Chair Gary Gensler if there should be ETFs based on a number of memecoins and altcoins, including the Solana-based memecoin BONK. Cramer’s reasoning seems to be that if a cryptocurrency has a large trading volume it should have an ETF. Gensler’s response was unenthusiastic, saying crypto is far too rife […]
Binance Coin has burst past the US $700 milestone to record a new all-time high. The token is at its highest price point in nearly three years, after its previous ATH was set in late 2021. Positive investor sentiment is largely behind BNB’s bull run, with the coin experiencing massive trading volume amid heightened ecosystem […]
Bitcoin’s technical indicators show mixed signals as they suggest cautious optimism for traders
We’re thrilled to announce that PlayDapp (PDA) is now available on Kraken! Kraken has completed the token distribution, and eligible PLA holders have now received PDA in their Kraken accounts. Funding and trading PDA funding is live and trading starts June 6. Add your token to your Kraken account by navigating to Funding, selecting the […]
Gary Gensler once described the Securities and Exchange Commission’s (SEC) role in policing the “Wild West” crypto industry as a “cop on the beat”. Although anecdotal, what has since followed is a series of high-profile civil lawsuits against some of the sector’s largest players. Yet, a statement like this would only ring true if the […]
Just yesterday, the US spot Bitcoin ETFs recorded the second highest inflow since its inception, with a whopping sum of over $887 million. This marks the largest inflow since the 12th of March 2024. Amid this remarkable feat, analysts predict the best cryptos to buy and this includes KangaMoon and Ethereum as these top crypto […]
[PRESS RELEASE – Dubai, UAE, June 6th, 2024] Mythos Research, a research and advisory firm, has released an in-depth report analyzing Aethir, a pioneering decentralized platform for GPU-as-a-Service (GPUaaS). Published in collaboration with CMC Research, this comprehensive study provides invaluable insights into Aethir’s innovative solutions, technology, strategic partnerships, and market positioning within the rapidly evolving […]
Stricter Regulations on Cryptocurrency Platforms in Nigeria to Boost Naira The Nigerian government is set to implement tighter rules on …
As the crypto community stands on the brink of what could be a major season for the altcoin market, numerous indicators suggest that a significant market shift may soon be underway. Notably, the focus within the crypto market is poised to transition from Bitcoin to its contenders—altcoins—which are speculated to offer higher returns in the […]
Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program.
TL;DR VanEck predicts that Ethereum (ETH) will reach $22,000 by 2030, driven by ETF approval and its integration into traditional finance. VanEck analysts highlight the strength of Ethereum as a valuable platform for entrepreneurs, capable of transforming traditional financial markets and large tech companies. Standard Chartered projects that ETH could reach $8,000 by the end […]
TL;DR Global liquidity reaches a record near $100 trillion, generating optimism in the Bitcoin market. Analyses by Philip Swift suggest that the increase in global liquidity could further boost the current bullish rally of BTC. The growing activity of institutional investors in BTC, along with the adoption of ETFs, heralds a bullish future. Global liquidity […]
Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics have not been determined. This statement was made to clarify earlier reports by […]
In a bold forecast, Standard Chartered’s head of digital assets research, Geoff Kendrick, has predicted that Bitcoin could surge to $150,000 if Donald Trump wins the upcoming U.S. presidential election. “As we approach the U.S. election, I expect $100,000 to be reached and then $150,000 by year-end in the case of a Trump victory,” Kendrick […]
HodlX Guest Post Submit Your Post The dynamic cryptocurrency market continuously churns out new trends (organic and not-so-organic), with the recent surge of celebrity-backed meme coins being a prime example. Most avid users of digital wallets witnessed the initial excitement surrounding these tokens, like JENNER, RICH and BANDO. Fueled by the meme coin craze and […]
A widely followed cryptocurrency analyst and trader believes that a top-10 altcoin by market cap is destined to rally by double-digit percentage points from the current level. The analyst pseudonymously known as Bluntz tells his 260,900 followers on the social media platform X that BNB, the utility token for the BNB Chain ecosystem, is set […]
Ouinex, a digital assets trading platform, has raised $5 million through a series of private funding rounds. The most recent Private 2 token sales round raised $1 million, bringing the total funds raised to $5.2 million. Ouinex’s user base exceeds 50,000 members. The recent fundraising round was limited to the Ouinex community and received significant […]
Bitcoin on the brink of new all time highs Canada becomes the first G7 country to drop interest rates Altcoin analysis: ENA and RNDR With Bitcoin breaking above $70k this week, things may start heating up. Notable buying power has been coming from US Exchange-Traded Funds (ETFs) from the very start of this week with […]