JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the persistent downturn in the crypto market, resulting in BTC’s price dipping slightly above $60,000.  US Financial Banks Expose […]

Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms.

New data reveals that the overall trading volume of centralized crypto exchanges (CEXs) plummeted in April after six consecutive months of gains. According to blockchain tracker CCData, the combined volume of spot market and derivatives trading on centralized exchange platforms fell by a staggering 43.8% to $6.58 trillion. The firm’s charts indicate that in March, […]

New speculation is swirling within the cryptocurrency market regarding banking giant Citi's potential involvement with select projects.

According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are worldcoin (WLD), cheelee (CHEEL), starknet (STRK), and saga (SAGA) which were all launched in 2023 or 2024. However, among the top 300 cryptos, 74 have […]

Staking infrastructure provider StaFi successfully integrates LRT cryptocurrency by EigenLayer to advance liquid restaking accessibility

Maelstrom Fund, an early-stage crypto investment fund operated by Arthur Hayes’ family office, is expressing bullish sentiment on a relatively new blockchain oracle digital asset. The early-stage fund says that Chainlink (LINK) rival Flare (FLR) is “likely undervalued” currently. “Chainlink’s early mover advantage has given it a sizable head start, with countless projects having already […]

TL;DR Base’s Leadership in SocialFi: Base, an Ethereum L2 solution, now handles 46% of all SocialFi transactions, surpassing BNB Chain and Polygon, and is backed by Franklin Templeton’s declaration of the upcoming “Base Season.” Strategic Growth and User Engagement: Base’s strategic initiatives have led to a daily transaction volume of 1.48 million and a TVL […]

In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), 32.3K AAVE ($2.43M), and 5.56M […]

TL;DR Bitcoin kicked off 2024 on a high note, achieving a record high over $73,500, though it later dipped to around $63,000. A new bull run may hinge on factors like technological advances, adoption rates, and global events. Key influences on BTC’s future price include potential changes in the US Federal Reserve’s interest rate policies […]

Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2400% price increase year-to-date.  While Bitcoin (BTC) and other major cryptocurrencies experience price corrections, the Akash Network and its native token are surging at a remarkable pace. […]

The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.

These airdrops are often used as a marketing strategy to increase awareness and ownership of a new cryptocurrency.

The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill proposes to conduct a study on the issue […]

Upcoming inflation data could awaken ‘sleeping giant,’ propelling XRP price higher

A widely followed crypto trader says that the build-up to the US presidential election in November could send two memecoins soaring. Pseudonymous crypto analyst Altcoin Sherpa tells his 216,000 followers on the social media platform X that meme tokens MAGA (TRUMP) and Jeo Boden (BODEN) could outperform due to election year excitement. TRUMP is inspired […]

Over the past few weeks, the price of VeChain (VET) has struggled to live up to the promise and vigor it showed at the start of the year. This has been the story with a significant portion of the cryptocurrency market, with several large-cap altcoins down by double-digits in the past month. However, the VeChain […]

Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.

TL;DR Jack Dorsey makes a bold prediction about the price of Bitcoin: $1 million by 2030. He bases his prediction on the collaborative nature of the BTC ecosystem, where each individual contributes to its value increase. Dorsey backs his confidence in BTC with concrete actions, as he will allocate 10% of his company Block’s profits […]

TL;DR Optimism’s Growth: As a Layer 2 solution on Ethereum, Optimism enhances scalability with a Total Value Locked (TVL) of over $300 million. It supports major DApps and consistently generates revenue, with a focus on simplicity and ecosystem growth. Price Predictions: Price forecasts for OP vary, with predictions for 2024 ranging from $2.60 to $12.31. Long-term […]

The crypto market is a whirlwind of innovation. Established projects continue to evolve, while new ventures emerge daily, pushing the boundaries of what’s possible. Identifying these up-and-coming cryptos with the potential to multiply your portfolio can be a game-changer.  Look no further, because this article explores three exciting new players poised for significant growth: Frontier […]

TL;DR The legal confrontation between Ripple and the SEC intensifies, with recent filings focusing on whether a key witness’s declaration is standard evidence or unsolicited expert testimony. As both parties await a judicial ruling, speculations arise about a potential settlement this summer. The SEC’s Actions The legal case between Ripple and the US Securities and […]

An illegal cryptocurrency mining farm was discovered in Issyk-Ata district of Chui region. The press service of the State Committee for National …

First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with Russia, and national security concerns. IMF Executive: Nations Examining Reliance on U.S. Dollar […]

This development has prompted speculation about potential trajectory of ADA’s price in near term

Real Vision crypto analyst Jamie Coutts says that key indicators for one Ethereum (ETH) competitor are flashing bullish. The former Bloomberg analyst tells his 14,100 followers on the social media platform X that NEAR Protocol (NEAR) could soar more than 47% from its current value. “Absolute price momentum: has been consolidating since March. The technical […]

The biggest bank in the US, JPMorgan Chase, says it now holds about $760,000 in spot Bitcoin ETFs on behalf of its clients. In a new Form F13 filing, which requires institutional investment managers to disclose their holdings, JPMorgan says the exposure is spread across BlackRock’s iShares Bitcoin Trust (IBIT), the ProShares Bitcoin Strategy ETF […]

Cryptocurrency exchange ShapeShift founder Erik Voorhees announced on Friday the public launch of his latest venture, Venice AI, a privacy-focused generative AI chatbot. Privacy is a critical concern for the cryptocurrency space and among artificial intelligence users—a crucial factor in the creation of Venice AI, he said. “I saw where AI is going, which is […]

Bitcoin experienced a price decline of 3.06% on Friday, falling as low as $60,372.36 based on data from CoinMarketCap. With the crypto market leader now in a consolidation phase, a trading analyst with X username Titan of Crypto has expressed resilient faith in Bitcoin’s ability to produce a post-halving price rally. Bitcoin Rise Inevitable, Analyst […]

Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.

TL;DR Revolutionary zkLogin: Sui has enhanced its zkLogin system with multi-signature recovery, allowing users to recover accounts seamlessly, even if the credential issuer or application is inactive. This update includes social login integration from platforms like Google, Facebook, and Apple. Multi-Sig Security: The new multi-sig feature supports complex use cases, enabling up to 10 zkLogin […]

TL;DR BlockFi is undergoing liquidation and restructuring after declaring bankruptcy in 2022 and has announced new measures. The strategic partnership with Coinbase will allow customers of the lending platform to access and withdraw funds efficiently. Deadline dates have been established. Those unable to open an account on the exchange will receive cash distributions. The company […]