In an era where free messenger apps have almost completely dominated traditional text messages, it might seem that after over 30 years, popular “texts” have already become obsolete. Although we do not use them in everyday communication, they are still willingly used as a common medium for marketing and promotion. Unfortunately, not only among legitimate […]

Activity around Bitcoin spot ETFs has slowed substantially this week, with two major funds losing their undefeated streak of inflows since launch. On Monday, both the Bitwise Bitcoin ETF (BITB) and the ARK 21Shares Bitcoin ETF (ARKB) saw their first day of net zero inflows. Loss Of Momentum For Bitcoin Spot ETFs According to data […]

TL;DR Ripple Ordered to Reveal Financial Data: A U.S. District Court has ordered Ripple to reveal its financial statements from 2022-2023. Court Orders Ripple to Produce Contracts: The court has ordered Ripple to produce “post-complaint contracts governing ‘institutional sales’” and to answer an interrogatory. Implications for Ripple and the Crypto Industry: This ruling is another […]

Australian scientist Craig Wright maintains his claim to be Satoshi Nakamoto amid legal action from COPA. Wright has been accused of fabricating evidence, which he claims was due to internal sabotage. In a video submitted to the court, Wright attempts to access Satoshi’s email – however, the address isn’t shown in the frame. The trial […]

US Treasury Secretary Janet Yellen has called for new legislation to close gaps in cryptocurrency regulation. Yellen specifically mentioned the need for regulation of spot markets of non-security cryptocurrencies such as Bitcoin, and federal standards for stablecoin issuers. Crypto lawyer John E. Deaton believes BTC, ETH and XRP were currently deemed non-securities and may be […]

Among the digital currencies focused on artificial intelligence (AI), Bittensor (TAO) has recently gained significant attention as the best-performing asset, soaring by an impressive 109% over the past 30 days and achieving a market capitalization of $2.9 billion.  To comprehend the driving forces behind this growth, it is essential to understand what underpins the platform […]

BNB remained under bearish correction as it continued to respect a six-week resistance line. Despite multiple rejections, it has managed to stay above an important mark level. A drop below it could lead to more correction. Following a slight bearish close in January, BNB started this month with a consolidation as there are no significant […]

It provides crucial data and analytical resources, allowing cryptocurrency supporters to discover, research, and monitor dApps across multiple …

Several headlines recently described a 25% drop in bitcoin network difficulty during Winter Storm Finn in January. Most attributed this drop to curtailment activity in Texas. While Texas does represent 17% of the global bitcoin hashrate, ERCOT data shows that some of the curtailment activity was a combination of higher prices and “good grid citizenship.” […]

February 6, 2024 – Singapore, Singapore Lista DAO – a key player in DeFi (decentralized finance) with a specialization in CDP (collateralized debt position) and liquid staking – is set to captivate the cryptocurrency community through the unveiling of its CAC (Cosmic Adventure Challenge) and the introduction of LisBNB. The CAC promises an immersive and […]

Can meme coin prices rise this week?

Ouinex, a crypto trading platform tailored for active and professional traders, has announced a strategic alliance with Crossover Markets, an institutional trading venue specializing in spot cryptocurrencies. The collaboration heralds a milestone within the crypto sphere, as Ouinex integrates Crossover’s electronic communication network (ECN) technology, known as CROSSx. CROSSx: Reshaping Digital Asset Trading Dynamics Ilies […]

South Korean prosecutors revealed on Monday that they had apprehended and placed under custody three executives, including its two co-chief executive officers, from the crypto yield platform Haru Invest. The trio is facing accusations from Seoul prosecutors of embezzling about 1.1 trillion Korean won, which translates to roughly $826 million in crypto, from around 16,000 […]

Ethereum price gained traction and climbed above $2,350. ETH is now showing positive signs and might extend gains toward the $2,500 level. Ethereum is gaining bullish momentum above the $2,350 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There was a break above a key rising channel forming with resistance […]

February 6, 2024 – Hong Kong, Hong Kong After a period of tranquility, the Ethereum ecosystem is gradually regaining momentum with the rise of the restaking. As seasoned DeFi participants, DeSyn has consistently focused on developing the Ethereum network. Previously, DeSyn initiated the launch of the triple points ETH leveraged ETF based on sharp market […]

Nibiru Chain, a general-purpose layer one blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious phase of growth. Venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital and Banter Capital. Tom Dunleavy, CIO and partner at Master Ventures Capital, said, […]

TL;DR The Bitcoin ETF market is on the rise, attracting interest from institutional and retail investors. BitMEX Research reported net inflows of $68 million through February 5 into these funds. BlackRock led the day with gains, while other providers performed more subdued. The Bitcoin exchange-traded fund (ETF) market has been experiencing significant growth, attracting the […]

TL;DR Miners dump reserves ahead of halving: Bitcoin miners have been transferring large amounts of BTC to exchanges, possibly to raise capital. Record miner outflow on ETF launch day: On January 12, the second day of Bitcoin ETFs trading in the US, over $1 billion of BTC was moved from miner wallets to exchanges. Long-term […]

We’re thrilled to announce that Dymension (DYM) is now available on Kraken! Funding and trading DYM funding and trading are live. Add DYM to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Only deposit DYM on Dymension. Deposits using other networks will be lost. Got DYM and a Kraken account? […]

Cryptocurrency adoption is growing rapidly in Africa, as more people are looking for alternative ways to access and use money.

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 850 BTC at a total cost of $37.2 million, Founder & Chairman Michael Saylor announced today. “We acquired 31,755 additional bitcoins since the end of the third quarter, marking the largest quarterly bitcoin holding increase in […]

Amid market calmness, Ethereum continued to recover but it is likely to face a key resistance soon. Failure to push above this resistance may lead to another drawdown. Its bullish trajectory remains intact from a short-term perspective. Ethereum has shown no sign of correcting lower with the latest price action on the daily chart. Since […]

Shiba Inu burn rate seeing massive volatility spike amid generally bearish price outlook

Japan has emerged as a beacon of regulatory clarity, especially in the realm of stablecoins. The Land of the Rising Sun, often associated with resilience, has paved the way for a comprehensive stablecoin framework, setting itself apart as a global leader in navigating the complexities of the crypto landscape. A Resilient Approach Japan’s regulatory journey, […]

Blockchain software leader Consensys is partnering with trading platform Robinhood to integrate Robinhood Connect with MetaMask, the most popular web3 wallet. According to a new press release, the partnership allows MetaMask users to seamlessly purchase crypto assets directly within the wallet using Robinhood’s order engine. The announcement says that the collaboration represents MetaMask’s ongoing effort […]

[PRESS RELEASE – Grand Cayman, Cayman Islands, February 6th, 2024] Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero knowledge technology, enabling developers to build everything on Bitcoin  Citrea, Bitcoin’s first ZK rollup, has come out of stealth today to enable developers to build everything on Bitcoin. Citrea is the […]

ARK Invest Chief Executive Officer (CEO) and Chief Information Officer (CIO) Cathie Wood, has expressed her optimism about Bitcoin’s capabilities to potentially rise above gold, referring to the cryptocurrency as ‘the digital gold.’ Bitcoin Versus Gold Appearing in a recent interview on ARK Invest’s official YouTube channel, Wood and ARK Invest’s Chief Futurist, Brett Winton, […]

B.C. says cryptocurrency mining consumes "massive amounts of electricity" by running high-powered computers around the clock.

TL;DR MetaMask-Robinhood Integration: Improves access to cryptocurrencies, security in Web3. MetaMask customers purchase crypto via Robinhood’s low-cost engine, facilitating self-custody. Leading association in Web3 reduces friction, expands purchasing options, reflects user-platform evolution. The integration between MetaMask and Robinhood Connect marks a significant milestone in the cryptocurrency landscape, offering users a more seamless and secure experience […]

TL;DR HAI announces a milestone on its path to launching its mainnet on Optimism. The Airdrop on February 12 – Will distribute 22.3% of KITE to over 18,000 wallets. The airdrop precedes Optimism’s mainnet launch on February 20. Stablecoin protocol HAI has announced an exciting milestone on its path to launching its mainnet on Optimism. […]

A court has ordered Ripple to provide financial statements, sales contracts and XRP proceeds relating to 2022/23 post-complaint institutional sales of XRP. The information is to be used to determine ‘remedies’ for Ripple’s illegal institutional XRP sales. There are fears Ripple’s punishment may threaten the viability of its On-Demand Liquidity service within the The SEC […]

Shiba Inu (SHIB) faces tough situation as majority of its holders are in losses