Chainlink (LINK) co-founder Sergey Nazarov doesn’t think the U.S. Securities and Exchange Commission (SEC) will stop at Ethereum (ETH). Last week, the SEC approved form 19b-4 filings from BlackRock, Fidelity, VanEck, Grayscale, Bitwise, Ark, Franklin Templeton and Invesco Galaxy simultaneously, paving the way for spot Ethereum exchange-traded funds (ETFs) in the US. Nazarov says the approval […]
BlockDAG’s Mining Sales Propel Presale Revenue to $36M Amid Arbitrum Growth and FET Price Boost In a vibrant cryptocurrency market, the growth of Arbitrum (ARB) and the rebound of Fetch.ai’s FET price underscore significant shifts. Arbitrum has overcome previous obstacles, setting up for potential record highs, while FET has rebounded strongly from prior downturns. Simultaneously, […]
Tension on the Bitcoin Chart: As Bitcoin continues to fluctuate within the narrow range of $71,500 and $68,000, the market sentiment remains neutral. Despite the price stability, I hold a cautiously optimistic view, supported by record-breaking ETF inflows and the resilience of global markets. However, the key indicator I’m monitoring is the US500, as historical […]
Global payment giant Mastercard has launched its peer-to-peer cryptocurrency credentials pilot program to simplify how users send and receive digital currencies. The new service is available in more than ten countries in Europe and Latin America. By introducing the Mastercard Crypto Credential, the company aims to simplify and secure crypto transfers, bypassing the need for […]
Dogecoin corrected gains and tested the $0.1620 zone against the US Dollar. DOGE is now forming a base and might start a fresh increase above $0.1680. DOGE price declined and tested the key support at $0.1620. The price is trading below the $0.1650 level and the 100-hourly simple moving average. There is a key bearish […]
The House majority whip and crypto advocate thinks the FIT21 may pass in the current Congressional session.
Long-term Bitcoin holders – those holding BTC for over 1-2 years – tend to sell portions of their holdings during bullish price phases when bitcoin’s price is rising. This selling behavior was observed from early 2024 through April. However, holders with Bitcoin UTXOs (unspent transaction outputs) older than 3 years continued to accumulate more BTC […]
Bitcoin Price Struggles: Can the Leading Cryptocurrency Start Fresh Increase? · Bitcoin extended its downside correction below the $68,000 zone. · The …
A new hardware crypto wallet designed by the inventor of Apple’s iconic iPod is now being shipped to consumers. According to a new blog post from the French-based startup company manufacturing the device, the Ledger Stax wallet is being delivered to those who pre-ordered it. Says Ledger CEO Pascal Gauthier, “[May 28th] marks a special […]
A top executive from digital asset manager CoinShares believes market conditions could soon send Ethereum (ETH) soaring. In a new interview with Scott Melker, CoinShares’ head of research James Butterfill says a likely upcoming Fed pivot could be bullish for both Bitcoin (BTC) and ETH. Butterfill says Ethereum could see additional upside momentum around the […]
Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which allows users to transfer cryptocurrencies using simple aliases, has gone live across several exchanges in Europe and Latin America. Mastercard Launches Crypto Credential, Aiming for […]
Founders: Will Reeves and Matt Luongo Date Founded: 2014; Most recent iteration of company: 2019 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: “Stacking since the founding of Fold” Number of Employees: 22 Website: https://foldapp.com/ Public or Private? Private Will Reeves wants Fold to be your bitcoin bank. This may sound counterintuitive to […]
TL;DR Ethereum could experience an impressive price increase, reaching $15,000, driven by the approval of its first ETFs. There was a crucial change in the political context in the United States. The Democratic Party has benefited the crypto industry by removing regulations. ETH faces unique challenges compared to Bitcoin, but its lack of structural selling […]
TL;DR PayPal introduces its stablecoin, PYUSD, on Solana, speeding up and reducing transactions. Solana, famous for its speed and low costs, stands as the optimal choice for PYUSD. Users can manage PYUSD from PayPal and Venmo wallets, with the flexibility to transfer to Ethereum or Solana. PayPal has taken a significant step into the world […]
Mt. Gox, the defunct Bitcoin (BTC) exchange that suffered a major collapse in 2014 has recently initiated payout distribution to creditors waiting for it. The release of a substantial amount of BTC, equivalent to $9.4 billion, on May 27th has raised concerns about potential market liquidity and price stability. In response, the on-chain market intelligence […]
Bitcoin’s price remains just shy of its all-time high, exhibiting consolidation as long-term investors start to re-accumulate coins for the first time since December 2023. This renewed interest among holders suggests a bullish sentiment building in the market. Additionally, the TD Sequential indicator has presented a buy signal on the Bitcoin hourly chart, indicating the […]
Ouinex, a blockchain firm led by FX industry veteran Ilies Larbi, announced today (Wednesday) its partnership with United Fintech-backed Netdania to launch a cryptocurrency trading platform. Enhancing Crypto Exchange’s Capability According to the press release shared with Finance Magnates, Netdania will provide the interface for the cryptocurrency exchange, while Ouinex will strengthen it with its […]
The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation.
Payments platform Ripple is once again donating millions of dollars to a crypto super PAC as the 2024 US election approaches. According to a new press release, Ripple is doubling up its $25 million contribution to Fairshake, a federal super PAC dedicated to supporting pro-crypto candidates during the election. “This investment is in addition to […]
The upcoming spot Ethereum (ETH) exchange-traded funds could initially put selling pressure on the second-largest crypto asset by market cap, according to the market intelligence firm Kaiko. Last week, the U.S. Securities and Exchange Commission (SEC) approved the listing of spot market Ethereum ETFs, paving the way for the products to start trading on US stock exchanges. […]
Wisdom Tree announced the listing of physically backed Bitcoin and Ethereum ETPs on the London Stock Exchange. The funds offer a low management expense ratio of 0.35% and are designed for institutional investors across several countries. Increased European interest in crypto ETPs is linked to recent US regulatory approvals and competitive fee structures. The institutional […]
Wall Street, once wary of crypto’s threat to the traditional financial system, now sees it as an opportunity due to its immense growth and mainstream acceptance. Politicians have shifted their stance on crypto, moving from opposition to support, influenced by its popularity among voters and potential electoral impacts. Both sectors are advocating for further integration […]
Gemini’s bankrupt crypto lending arm has successfully recovered virtually all of its customers’ digital assets, marking one of the most successful industry recoveries from insolvency to date. The crypto exchange, founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, announced on Wednesday that Gemini Earn customers had “received $2.18 billion of their digital assets in kind.” […]
Cryptocurrency price on May 29 quick take: The global market cap rose to $2.58 trillion.
Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various sectors. The team believes this marks a significant advancement in the digital real estate market, facilitated by the launch of their new decentralized finance (defi) platform, Oceanpoint v0.5. From Hotels to Healthcare: Blocksquare Tokenizes $100 Million in […]
Bitcoin ETPs from WisdomTree and 21Shares have started trading on the London Stock Exchange
Mastercard has launched its Mastercard Crypto Credential, enabling its “first peer-to-peer (P2P) pilot transactions” using aliases instead of long and complex blockchain addresses. This new system aims to simplify cryptocurrency transactions for exchange users, offering a more user-friendly approach. Mastercard Crypto Credential verifies interactions among consumers and businesses using blockchain networks, ensuring users meet a set […]
Cardano (ADA) corrected gains and tested the $0.4520 support zone. ADA must stay above the $0.450 support to start a fresh upward move. ADA price is struggling to gain bullish momentum above the $0.4750 zone. The price is trading below $0.460 and the 100-hourly simple moving average. There was a break above a connecting bearish […]
TL;DR HTX’s Milestone: HTX, previously Huobi, has surpassed Coinbase with a daily spot trading volume of approximately $2.4 billion, becoming the fourth-largest crypto exchange globally. Justin Sun’s Role: Tron founder Justin Sun, serving as an advisor to HTX, announced the milestone and hinted at more growth to come for the exchange. Coinbase’s Challenges: While HTX […]
TL;DR Floki token developers have introduced a new trading bot on Telegram to facilitate token buying and selling operations. The bot will be available in mid-June, initially on the BNB network with planned integrations for Ethereum and Base in the future. The bot has the ability to identify new coins and execute orders efficiently, enhancing […]
We’re pleased to be a founding member of the industry’s first-ever Crypto Information Sharing and Analysis Center (ISAC). This not-for-profit organization will foster a collaborative approach to information sharing across the ecosystem to reduce cybersecurity exploits and improve trust in blockchain and cryptoasset technology. “While Kraken has a proven track record for robust cybersecurity protocols, […]