… cryptocurrency assets. The team worked closely “with local authorities, especially the Financial Intelligence Unit, conducting thorough …
Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of posts on X that Bitcoin faces what traders call a “death cross”—a technical chart […]
Critics argue that the US Federal Reserve’s actions are a significant overreach and could stifle innovation in the cryptocurrency sector.
BlockDAG Overpowers Stacks and Ethereum ETFs with $1M Daily Gains – Presale Hits $65M Mark While Stacks (STX) has made headlines with its price jump to over $1.80, market unpredictability suggests potential downturns ahead. Concurrently, Ethereum ETFs have drawn significant attention, boosting trading volumes as Ethereum’s price crosses $3,345. However, the spotlight firmly belongs to […]
Bitcoin recovery continues with price of first cryptocurrency finally exceeding $62,000
TL;DR Ripple was fined $125 million, far less than the $2 billion the SEC initially sought, leading to a 20% spike in XRP’s price. The token’s future rally depends on factors like market conditions and legal developments, with possible further gains influenced by Bitcoin’s performance. Is XRP Setting the Stage for a New Peak? The […]
Bitcoin spot ETFs recorded their largest inflows in over two weeks on Thursday, totalling $192.5 million. This comes after Bitcoin dipped below $50,000 earlier this week amid a global market selloff. NEW: 🇺🇸 #Bitcoin ETFs saw $192 million in inflows, the highest in over two weeks. The tides are turning 🚀 pic.twitter.com/y7Ra6NK4jA — Bitcoin Magazine […]
XRP surged by more than 27% in the 24 hours after a judge issued a long-awaited order in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. In an order filed on Wednesday, District Judge Analisa Torres imposed a $125 million civil penalty against the San Francisco-based payments company. In March, the SEC […]
This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.
TL;DR Ripple has begun testing its stablecoin RLUSD on XRP Ledger and Ethereum, but it is not yet available for purchase or trading. RLUSD is designed to complement the XRP token and compete with stablecoins such as USDT and USDC, which dominate the market. The XRP token has lost 6.4% of its value in the […]
According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any […]
Authorities have recovered $63500 for a person in Cheshire who lost tens of thousands to a cryptocurrency scam that has left multiple victims.
Investors face a plethora of choices, each promising unique benefits and potential returns. Among the latest discussions is the choice between investing in Ethereum (ETH) ETFs and the newly launched Mpeppe (MPEPE). Market experts are diving deep into which of these options offers better long-term value. Let’s explore why Ethereum (ETH) ETFs and Mpeppe (MPEPE) […]
Ripple receives a generic injunction to comply with securities laws, seemingly not affecting operational changes for ODL sales. The case’s outcome did not prohibit XRP sales, leading to a 25% surge in price, signalling market optimism that the case is over. However, MetaLawMan predicts a likely SEC appeal, because of the case’s potential impact on […]
Ran Neuner, historically a strong supporter of Ethereum, had previously shifted some of his holdings to Solana and favours it over ETH. Despite Ethereum’s recent ETF approval, he believes ETH has underperformed so far. While Neuner points to poor sentiment, he suggests that buying the dip in Ethereum, if one believes in its fundamentals, could […]
Read U.Today’s news digest to find out what’s going on in industry!
Wells Fargo, Morgan Stanley and Bank of America are among a group of Wall Street banks accused of bilking customers out of billions of dollars in interest payments, according to a new report. The U.S. Securities and Exchange Commission is probing the banks to determine whether they purposefully directed clients toward “cash sweep” accounts that […]
Crypto Investor Rush! BlockDAG Heats Up Achieves $65M Milestone, While Toncoin & MATIC Face Hurdles Toncoin is approaching a critical level at $6.80, drawing close attention from market analysts for a potential breakout. At the same time, Polygon (MATIC) is encountering resistance at $0.51, with rising NFT sales possibly triggering a near-term price reversal. Meanwhile, […]
The City of Santa Monica’s Bitcoin Office has announced a one-day Bitcoin open-source festival scheduled for October 18th, with the date subject to change. The event, held in partnership with the Proof of Workforce Foundation, aims to provide education on various aspects of Bitcoin, including mining, investment, and the broader implications of Bitcoin in the […]
TL;DR The layer-2 solution, Shibarium, is launching a hard fork on August 9, launching a burn mechanism. Shibarium continues to advance with upgrades aimed at improving transaction speed, scalability, and lowering costs, fostering the development of the Shiba Inu ecosystem. The Upcoming Development Shibarium – Shiba Inu’s layer-2 scaling solution – continues to make the […]
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin Expansion Not long ago, the crypto market […]
State authorities on Friday returned more than $60000 worth of cryptocurrency from a Connecticut resident who fell victim to a phishing scam.
Dogecoin (DOGE) enthusiasts are feeling the heat as the popular memecoin experiences a sharp decline. Once a symbol of internet humor and a community favorite, Dogecoin (DOGE) is now facing significant challenges. The current price dip has sparked frustration and concern among its holders, who are questioning the coin’s future trajectory. As Dogecoin (DOGE) struggles […]
A widely followed crypto analyst says Bitcoin (BTC) will soon crawl back to life from the depths to reach new heights. Crypto trader Michaël van de Poppe tells his 722,100 followers on the social media platform X that he has reason to believe that BTC has already made it through this correction cycle’s low. “Bitcoin […]
TL;DR Bitcoin’s V-Shape Recovery: After a 30% drop due to Japan’s economic policy changes, Bitcoin rebounded sharply, trading at around $60,000 with a 6% surge. Analyst Michael van de Poppe predicts a potential new all-time high by September or October. Bitcoin Options Expiry: Today, 32,000 Bitcoin options contracts worth $1.9 billion are expiring, with a […]
TL;DR Donald Trump Jr. has announced the launch of a cryptocurrency platform with the ticker $TRUMP, not a memecoin. The project is in its early stages of development and will not be available immediately. The platform seeks to offer an alternative to the traditional banking system and improve access to financial services. Donald Trump Jr. […]
US investors pushing Bitcoin (BTC) price higher right now, CryptoQuant community analyst says
The policy group, USABTC, has proposed the creation of a new digital economic zone (DEZ) inside the US which would remove capital gains tax from Bitcoin trades, claiming this will boost Bitcoin usage and innovation while protecting the US dollar from the threats posed by crypto. Under the proposal there would be an “exit tax” […]
After years of providing valuable content and insights into Bitcoin investing, I’ve spent countless hours analyzing data and reviewing charts to help you build a strong foundation for your Bitcoin investment strategy. In this article, I’ll walk you through my unique approach to managing my own Bitcoin (BTC) investments, focusing on a data-driven methodology that […]
The program will be open to a limited number of participants initially but will expand at a later date.
Solana (SOL) has distinguished itself from other altcoins, surging by 7.5% in the past 24 hours. As a sentiment-driven cryptocurrency, SOL—ranked #5 by market cap—has the potential to continue its upward trend if the market sentiment remains optimistic. Solana has been making some separation against other altcoins, surging +7.5% in the past 24 hours. SOL […]