A computer scientist who claims to be the pseudonymous creator of Bitcoin (BTC) is dropping his lawsuit against Bitcoin developers. According to a new post by the Bitcoin Legal Defense Fund, Craig Wright, who for years proclaimed to be Satoshi Nakamoto, is dropping his case against the 12 Bitcoin developers and others he sued in […]
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce is voicing her disappointment with what she says is the agency’s lack of predictability. In a speech, Peirce says the enforcement actions brought by the SEC against blockchain-based file-sharing payment network Library (LBRY) and crypto asset trading platform ShapeShift arose because of regulatory ambiguity. “Some of […]
TL;DR Tether’s Major Restructuring: Tether, the world’s largest stablecoin operator, has announced a significant restructuring to expand its mission beyond the realm of stablecoins. This expansion introduces four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu. New Business Divisions: Each division has a unique focus. Tether Data is dedicated to developing […]
TL;DR Funding in the Web3 sector shows a slight uptick in the first quarter of 2024, according to recent reports. Startups raised nearly $1.9 billion in 346 funding deals during the period, marking a 58% increase compared to the previous quarter. Some notable cases have been observed, such as the $112 million funding for Exohood […]
ALGT draws in over 15,000 unique holders in the third stage presale valued at $0.08, with over $3.8M raised Bitcoin cash approaches 24h low on CoinGecko at $482.31 PEPE still sailing strong in the market at $0.00000545, with predictions of 100X ROI at BTC halving. In the ever changing world of cryptocurrency where new coins […]
In the rollercoaster ride of the crypto market, VeChain (VET) has managed to keep its head above water, showcasing resilience where many others falter. VeChain Analysts Take Notice Crypto analysts are keeping tabs on VeChain, with some seeing a potential bright future ahead. Sure, there’s been talk about VeChain’s performance since 2021, and it’s had […]
Bitcoin’s Runes protocol is set to launch this weekend, drawing attention away from the highly-anticipated halving event. Runes are a development on Bitcoin Ordinals, a token standard that allows “inscriptions” in data to essentially support Bitcoin-based NFTs. Runes, a new token standard, will be significantly more efficient and simpler to use than Ordinals, improving development […]
Santiment suggests the ‘crypto crowd’ sees an end to the bull market after a 16% Bitcoin correction. CryptoQuant attributes the sell-off to profit-taking, geopolitical tensions, and a wait-and-see approach pre-halving. VirtualBacon views the dip as a buy opportunity for Ethereum and Solana, contrary to the bearish sentiment. Market intelligence platform Santiment said in a post […]
Binance, once banned by the Indian government, is set to make a comeback after agreeing to pay a hefty penalty of approximately $2 million. According to a report by ET, the world’s largest cryptocurrency exchange is preparing to re-enter the Indian market under the finance ministry’s oversight of the Financial Intelligence Unit (FIU). Binance’s India […]
Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.
First, 50. Then, 25. Eventually, 12.5. After that, 6.25. And now, 3.125. Four halvings later, we enter the fifth of 33 epochs of Bitcoin. The first 32 epochs, in Bitcoin-terms, last 210,000 blocks, with the 33rd lasting until the heat death of the universe. At 10 minutes per block, on average, that means just about […]
One widely followed crypto trader is breaking down Bitcoin (BTC) after a 9% crash over the last week. Pseudonymous crypto analyst Rekt Capital tells his 452,800 followers on the social media platform X that BTC’s current re-accumulation phase may fool some traders into thinking it’s a Bitcoin breakdown. “One of the key things to note about Bitcoin’s […]
A crypto whale that bought $151.42 million in Ethereum (ETH) near its market cycle bottom in September 2022 appears to be taking some profits, according to the digital asset tracker Lookonchain. Lookonchain notes that the whale withdrew 96,638 ETH from Coinbase at an average price of $1,567 between September 3rd and Sept 7th, 2022. In […]
Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB. Binance Executes Dual Crypto Moves on Thursday: What’s Behind the […]
Top analyst highlights regulatory challenges for Chinese investors in Hong Kong’s Bitcoin ETF approval
We are standing on the cusp of a new era when digital and traditional finance converge to create social and economic transformation. Where barriers to entry once stood, technological advancements are making it possible for anyone to access wealth-creation opportunities that were once the domain of the elite few. At the forefront of this transformation […]
Guest blog by Nathaniel Whittemore (NLW)NLW is the host of Coindesk’s The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital and was on the founding team of Change.org The views and opinions expressed in this article are those of the author and do not necessarily represent the views […]
In the ever-evolving world of cryptocurrency, Marcel Knobloch also known as Collin Brown, a crypto expert has offered an audacious prediction for Bitcoin, foreseeing a significant rally to unprecedented heights post-BTC Halving event scheduled to take happen this month. Bitcoin Poised For Massive Growth Post-Halving According to Collin Brown, the fourth mining reward Halving for […]
Stablecoin issuer Tether (USDT) says it’s branching out and advancing beyond just offering dollar-pegged crypto assets. In a new announcement, Tether says that it is adding four new divisions to its business model – data, finance, power, and education – as a means of creating an inclusive, future-proof financial and tech ecosystem. “Tether’s expansion beyond […]
A widely followed crypto strategist is warning about the altcoin market as projects like Chainlink (LINK) correct. Pseudonymous analyst Altcoin Sherpa tells his 214,900 followers on the social media platform X that most altcoins may enter a months-long consolidation phase. “It’s quite possible that altcoins are done for the next one to four months. There […]
TL;DR Strategic Collaboration: Aptos Labs has partnered with Microsoft, Brevan Howard, and SK Telecom to launch Aptos Ascend, a suite of institutional DeFi solutions aimed at the global financial market. Platform Features: The platform will offer a permissioned network, Digital Asset Controls, KYC checks, and tools for privacy and regulatory compliance, leveraging the Aptos blockchain. […]
TL;DR Injective and Jambo Partner to Bring DeFi to Millions in Emerging Markets. Collaboration to offer financial solutions based on blockchain through the JamboPhone. Ninji Wallet will be available on Jambo phones, making it easier to access its DeFi ecosystem. Injective and Web3 mobile technology firm Jambo have announced a collaboration that seeks to promote […]
As we look ahead into 2024, the cryptocurrency landscape is set to be dominated by three major players: Option2Trade (O2T), Solana (SOL), and Binance (BNB). These cryptocurrencies are not only shaping the future of digital finance but also presenting new opportunities for investors and developers alike. Option2Trade (O2T): The Rising Star Option2Trade (O2T) has quickly […]
Cat in a dogs world (MEW)’s wild surge has come to a pause, as the steep downturn on Wednesday shows. The token slipped 20.49% down the charts, hinting at a crash. The spotlight is on Slothana (SLOTH) now, another hot ‘non-dog’ meme coin of this season. Is MEW Going to Zero? The crypto market has […]
Detectives at the Anderson County Sheriff's Office said they're investigating double the amount of cryptocurrency scams compared to last year.
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Anthony Pompliano highlights Bitcoin’s massive growth to recent all-time highs, an 800% increase since the last halving, significantly outperforming gold. Bitcoin demonstrates resilience as gold fails to preserve purchasing power against inflation, with Bitcoin rising due to factors like ETF creation and halving anticipation. Pomp notes that Bitcoin’s integration into traditional financial systems and rapid […]
The value of the fan token for the French football club, Paris Saint-Germain, briefly surged from just over $4.30 to $5 after they knocked the Spanish football giants, FC Barcelona, out of the UEFA Champions League. However, the token for the English champions, Manchester City, plunged by nearly 20% after the team was eliminated from […]
Bitcoin ETFs are seeing outflows as digital gold loses crucial threshold
Jamie Dimon recently affirmed his longstanding stance against Bitcoin. In an interview with Bloomberg TV, the CEO of JPMorgan labeled the leading digital asset a “fraud” and “Ponzi Scheme.” According to Dimon, Bitcoin lacks the fundamental qualities necessary to function as a currency. Dimon Labels Bitcoin “Ponzi Scheme” “Crypto, if you mean crypto like Bitcoin, […]
Crypto analyst Crypto Rover has provided insights into what could happen if the Bitcoin price drops below $58,000. The flagship crypto has continued to suffer price declines lately and risks dropping to that price level if it manages to break the crucial $60,000 support level. What A Drop Below $58,000 Would Mean For The Bitcoin […]
[PRESS RELEASE – Grand Cayman, Cayman Islands, April 18th, 2024] The annual event is a culmination of Sui’s exceptional debut Over 1,000 projects, partners, investors, and enthusiasts from 65 countries around the world gathered last week in Paris to celebrate Sui at the vaunted Layer 1’s inaugural global Sui Basecamp conference. At its first-ever annual […]