The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With Bitcoin’s next halving set to take place this month, miners are using record profits to […]

Ethena Labs’ new governance token, ENA, is witnessing a staggering 60% increase in its value, shortly after its introduction to the market. The spike in ENA’s price to approximately $0.96 has catapulted its market capitalization to nearly $1.34 billion, ranking ENA as the 80th largest cryptocurrency by market cap. This ascent followed Ethena’s strategic distribution […]

Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) recorded net outflows exceeding $87 million on Tuesday, marking the highest outflow since its inception, as per data from Farside Investors. The outflows exceeded the amount seen from Grayscale’s GBTC, which recorded $81.9 million in outflows on the same day. Ark Invest Sees Second Day of Outflows […]

On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed its acquisition of 27,700 bitcoin application-specific integrated circuit (ASIC) mining […]

Cardano (ADA) rides crypto ETF hype, records $1.1 million fund inflows

Digital assets trading platform BitMart has deepened its collaboration with cryptocurrency payment infrastructure provider Banxa to build the …

The US government has sent around 2,000 Bitcoin to an address controlled by crypto exchange Coinbase, suggesting it may be planning to sell a large amount of the crypto. The transfer followed a smaller test transfer of 0.001BTC, which was brought to the attention of the crypto community by an X user. Bitcoin was down […]

Once considered mere fun experiments, meme coins have evolved into significant players within the crypto sphere, drawing interest from seasoned investors and newcomers. Now, with excitement, investors eagerly anticipate the next big player in the crypto market, as experts predict it will outshine Polkadot (DOT) and Polygon (MATIC). While Polkadot and Polygon are already established […]

The government in Argentina has mandated the registration of cryptocurrency exchanges and other companies in the sector by creating a registry of virtual asset service providers (VASP). The regulations came when the country’s President, Javier Milei, was seen as a proponent of cryptocurrencies but is now facing criticism. New Registration Rules for Crypto Exchanges Argentina […]

Tron Foundation and other firms associated with Tron (TRX) founder Justin Sun are asking a judge to dismiss the lawsuit lodged against them by the U.S. Securities and Exchange Commission (SEC). In a motion filed late last month, lawyers for Tron say that the SEC is going beyond its jurisdiction when it moved to regulate […]

The world’s leading crypto exchange by trading volume is incentivizing developers to build the next viral memecoin on the company’s BNB Chain. Today, Binance’s BNB Chain announced the BNB Chain Meme Innovation Battle with a prize of up to $1 million. “We’re thrilled to announce the BNB Chain Meme Innovation Battle where up to $1 million is […]

Last October Robin Linus from Zerosync dropped a bit of a bomb in the form of BitVM. One of the longest running criticisms of Bitcoin is that it is not possible to make arbitrary programs to control how money is spent or locked. Bitcoin only has a very limited amount of programmability in its scripting […]

The cryptocurrency market continues to feel the tremors of a brutal April Fools’ Day price crash, with XRP taking a significant hit. In the last 24 hours, a staggering $6 million in XRP contracts were liquidated, according to Coinglass data. This liquidation frenzy can be attributed to the sharp price decline experienced by XRP on […]

The financial market hosts many trading platforms and traders with varying experience. Despite the diversity, traders face a list of challenges, such as the constant need to keep up with voluminous market information, the struggle with emotional decision-making, and the continuous pressure to be updated with emerging fintech tools. Unicapital offers an all-in-one solution through […]

Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and a preceding day’s loss, ARKB remains the third-largest among the […]

XRP eyes meteoric rise in engagement of market participants, but reasons may disappoint

Major crypto tokens traded mixed with a negative bias on Wednesday. Bitcoin, Ethereum, BNB, XRP, Dogecoin, Cardano, and Toncoin were trading in …

A closely followed crypto analyst believes that Dogecoin (DOGE) could hit a huge price target if the memecoin repeats a historic pattern. Crypto strategist Ali Martinez tells his 56,000 followers on the social media platform X that the dog-themed digital asset could soar by 5,900% from its current value. “I feel my fellow DEGENs have […]

Faruk Fatih Ozer, the ex-CEO of the now-defunct Turkish cryptocurrency exchange Thodex, has been handed a staggering prison term for defrauding investors. He has now begun serving his time behind bars. Ozer’s conviction has come after a prolonged legal battle stemming from the collapse of Thodex in 2021, during which he absconded with millions of […]

Telegram announces a 50% ad revenue share for channel owners and Toncoin as a payment method for ads. CEO Pavel Durov highlights the potential for earnings on Telegram, with channels generating 1 trillion views monthly. To prevent centralisation, Telegram plans to sell excess Toncoin to investors under a lockup, aiming to stabilise the ecosystem. Telegram […]

Cardano ADA resumed bearish actions this week following a fresh meltdown across the crypto space. The price appears weak as it heads towards a support line, where a major break or bounce is likely to play. In mid-March, Cardano went through a serious drop after testing the $0.8 level. It later found solid ground above […]

Today, stablecoin issuer Tether announced a significant award of $100,000 to the BTCPay Server Foundation that underscores Tether’s strong backing for the Free and Open Source Software (FOSS) movement, emphasizing its commitment to advancing digital payment solutions, the company stated. JUST IN: Tether donates $100,000 to BTCPay Server so it can continue working on enabling anyone […]

The Dogecoin (DOGE) price looks at risk of further declines as on-chain data show that the meme coin’s largest holders are securing profits. This follows DOGE’s recent price surge, which saw the crypto token rise to a new three-year high of $0.22.  Dogecoin Witnesses Wave Of Profit-Taking Data from the market intelligence platform Santiment shows […]

Closely followed quant analyst PlanB believes that Bitcoin (BTC) can print more than 4X gains this market cycle. In a new strategy session, the on-chain analyst tells his 140,000 YouTube subscribers that it would be a letdown if Bitcoin ended the current bull market with a $200,000 price peak. PlanB says his stock-to-flow model, which […]

TL;DR Marc Boiron, CEO of Polygon, sparked the debate by stating that Layer 3 (L3) networks are diminishing the value of Ethereum and aiming to strip the main network of its value. According to Boiron, if all transactions from L3 were settled on a single Layer 2 (L2), ETH would lose much of its value […]

Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according to a cryptocurrency tax expert. The expert stated that the IRS has the discretion to apply laws retroactively or retrospectively interpret them. Complex Filing Process Clinton Donnelly, CEO of Crypto […]

When can traders expect local rise of SHIB?

The Netherlands and Seychelles will work closely on fighting cryptocurrency crimes and a mission from the northwestern European country is …

The United States government may be selling more of its massive Bitcoin (BTC) stash, potentially piling more sell pressure onto the crypto market, according to blockchain data. On-chain sleuth ZachXBT noted on Tuesday that government controlled Bitcoin tied to Silk Road initiated a small transaction to Coinbase – the crypto exchange previously used by the […]

I recently spoke with Ray Youssef, CEO of NoOnes, a peer-to-peer (P2P) bitcoin trading platform with numerous other functionalities, about how NoOnes is empowering its users, what it’s doing in response to the Nigerian government’s crackdown on Binance P2P and why P2P marketplaces play a crucial role in fulfilling the promise of bitcoin as a […]

Ethereum (ETH) showed a notable performance throughout March. The second largest cryptocurrency hit $4,000 twice and seemed ready for lift-off to a new all-time high (ATH) while the whole crypto market soared. Quarter one (Q1) 2024 closed with important achievements for the crypto community. However, as Q2 started, Bitcoin began a correction that dragged Ethereum […]

The world’s largest crypto exchanges are gearing up to list a new cross-chain altcoin project for millions of traders worldwide. In a new announcement, Binance, the largest digital asset exchange in the world, says that the platform will support Wormhole (W) for spot trading starting Wednesday. Once launched for open trading, Binance says it will attach […]