The CEO of Coinbase is laying out his plan to move crypto regulation forward. In a new company blog post, Coinbase head Brian Armstrong argues clear crypto regulations should be a non-partisan issue. “Coinbase is an apolitical company on issues unrelated to our mission. But when it comes to our mission of increasing economic freedom […]

The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says it’s “inevitable” that China will reverse course and open up to crypto assets. According to a new report by the South China Morning Post, Tether co-founder Brock Pierce says that China – which banned all crypto-related commercial activity years ago – […]

Ark Investment Management has withdrawn its application for an Ether ETF, maintaining its focus on Bitcoin. Cathie Wood highlights the political importance of crypto, linking ETF approvals to election issues. Wood emphasises Bitcoin’s superiority over Ether, viewing it as a global monetary system and a new asset class. The race for Spot Ethereum exchange-traded funds […]

Bitcoin traded between US$66,800 and US$70,500 in May, breaking US$70K resistance once. May saw an 11.07% increase, improving from a 14.76% loss in April. Analysts are divided on June’s performance, with some predicting new highs and others anticipating volatility. Over the past week Bitcoin has been trading in a range between US$66,800 (AU$100,200) and US$70,500 […]

The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the $15 billion threshold. Coinshares Tracks $2 Billion May Inflow Into Digital Assets […]

The past week has been an interesting period for Notcoin NOT as it witnessed a massive explosion to a new high today. This high has been rejected and the asset is now undergoing a retracement on the lower timeframe. Following several presale announcements by top exchanges, Notcoin went through a lot of accumulation in May […]

TL;DR Shiba Inu’s burning efforts in May experienced a 78% decline compared to April. The layer-2 blockchain solution Shibarium surpassed 5 million blocks and 400 million transactions, enhancing the ecosystem’s growth. The Burning in May The popular meme coin project Shiba Inu continues to see a substantial amount of tokens removed from its circulating supply. […]

Global payments infrastructure provider Mercuryo has announced a new partnership with Trust Wallet, a leading self-custody Web3 wallet. Trust Wallet supports over 100 blockchains and more than 10 million assets. The partnership introduces an off-ramp service that allows users to convert cryptocurrencies into fiat currencies. Linking Web3 and Web2 for Crypto and Fiat Exchange The […]

Ethereum price extended its decline and tested the $3,700 support. ETH is now consolidating and eyeing a fresh increase above $3,840. Ethereum extended its decline and tested the $3,700 zone. The price is trading near $3,800 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $3,760 on […]

The small country on the Arabian Peninsula sees CBDC as part of its national development strategy.

TL;DR Massive Withdrawal: Over 800,000 Ethereum (ETH), worth about $3 billion, has been withdrawn from exchanges, indicating a potential supply squeeze and a bullish sentiment as investors move to self-custody ahead of the anticipated Ether ETFs launch. Speculative Drivers: The exodus is speculated to be driven by whales and institutional investors preparing for a price […]

Over $300 million in BTC reportedly stolen in largest crypto hack since 2022

The popularity of cryptocurrency spiked during the pandemic as people find themselves with time and energy to explore this new space.

A former bank manager has admitted to stealing from a customer’s accounts in a scheme that lasted even after the victim’s death. The U.S. Attorney’s Office for the District of New Jersey says 43-year-old James Gomes has pleaded guilty to one count of wire fraud affecting a financial institution. The DOJ says Gomes, who worked […]

Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of the Nigerian naira under a satoshi. Mexican Billionaire Ricardo […]

Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.

Current President Joe Biden has cast aside a Bill that would repeal some tough legislation actionable by the Securities and Exchange Commission (SEC). Presently, financial institutions holding crypto for customers must present it on their balance sheets. According to several banks and digital asset companies, this creates difficulties for “regulated banking groups” holding crypto on […]

OKX, a global cryptocurrency exchange platform, has announced the launch of its services in the Netherlands. Dutch customers now have access to spot trading, including buying and selling cryptocurrencies, along with conversion services for over 150 digital assets, including more than 60 crypto-Euro pairs. Additionally, the OKX Wallet is available to Dutch customers, providing a […]

XRP price extended losses below the $0.5120 support zone. It tested the $0.5080 zone and now attempting another recovery wave toward $0.5350. XRP is struggling to start a fresh increase above the $0.5250 resistance zone. The price is now trading below $0.5150 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

A pro-crypto US senator is calling out the Biden Administration after the president vetoed a digital asset bill that passed the House and the Senate. In a new statement on the social media platform X, Republican Senator Cynthia Lummis of Wyoming says that the Biden Administration is attempting to skirt the law by vetoing a […]

While the global crypto market remains down today, Apecoin APE appeared weak on the day and lost a total of 3% weekly. It is yet to signal a surge, finding a breakout of structure as it continues to consolidate daily. Starting the second quarter of this year on a loss, Ape found support above the […]

More than 800,000 ether (ETH) worth approximately $3 billion has left crypto exchanges since the United States Securities and Exchange Commission (SEC) approved the launch of spot Ethereum exchange-traded funds (ETF). According to a Quicktake by CryptoQuant analyst Burakkesmeci, the identities of the crypto investors behind the ETH moves remain unknown; however, there are speculations […]

Recent analytics report shows that large investors becoming increasingly more confident in second largest cryptocurrency

While the US Securities and Exchange Commission made another move to embrace cryptocurrency by approving exchange-traded funds tied to the price …

TL;DR The GME cryptocurrency on the Solana blockchain has increased by more than 244% in 24 hours following a revelation by Keith Gill about his GameStop call options. GameStop shares also experienced a bullish rally, nearing a 100% increase in the market. A trader took advantage of the boom, selling 3.5 million tokens for $43,000. […]

Keith Gill, the trader linked to the 2021 GME short squeeze, has returned to Reddit claiming he’s made a big bet on GameStop, sending the stock’s price surging overnight markets.

China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border trade and investment. In a joint statement, the two countries expressed their commitment to deepening bilateral and multilateral cooperation with respect to their CBDCs. China also expressed appreciation for the UAE’s recent direct cross-border […]

Ethereum (ETH) co-founder Vitalik Buterin just gave a substantial amount to support the legal battle of Tornado Cash developers Alexey Pertsev and Roman Storm. Data from Ethereum blockchain explorer Etherscan shows that Buterin transferred 30 ETH worth $113,678 to the “Free Alexey & Roman” legal fund on May 30th. Tornado Cash is an Ethereum-based coin […]

Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its Quarterly Banking Profile report, the FDIC says banks are now saddled with more than half a trillion dollars in paper losses on their balance sheets, due largely to exposure to […]

GameFi token Notcoin has exploded by 330%+ in less than a week of trading, closing in upon top 50 coins by market cap. Trading volume, community hype and Notcoin’s active player base have all grown since the NOT token launch two weeks ago. The game is an idle clicker constantly under development, just recently adding […]

Michaël van de Poppe sees Bitcoin’s sideways trend as a precursor to an imminent altcoin season with potential for significant price increases. Spot Ethereum ETF approvals in the US signal the start of a strong altcoin season, with expected market lift-off post S-1 filing approvals. Van de Poppe highlights altcoins like Optimism, Arbitrum, and Woo […]

Solana declined again and tested the $160 support zone. SOL price is consolidating and might recover if it clears the $166 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading below $168 and the 100-hourly simple moving average. There is a connecting bearish […]